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Meme tokens are built off internet memes and jokes. These tokens tend to develop a community of loyal online followers and investors. Our team at Insidebitcoins has curated a list of some of the best meme coins with high potential in this post. We will examine some of the critical factors influencing their value.
Furthermore, crypto prices continue to plummet. Investors are increasingly turning to meme coins, signaling a resurgence in their popularity. Currently, meme tokens are generating bullish waves across the crypto-verse, with the post-Bitcoin halving uproar set to sustain this uptrend.
Best Meme Coins To Invest In Today
In an announcement that swept through the crypto market, SquidGrow confirmed integrating their utilities with the Ryoshi L2 network. The collaboration lets holders swap tokens and purchase NFTs with $SHIB through SquidGrow utilities on Ryoshi L2. The partnership and several other strategic moves have seen the meme token being positioned towards being a top 10 crypto soon.
In other news, there has been a bump in trading volumes on Avalanche tokens. There was also a rise in the launch of new meme tokens on the Ethereum ecosystem. This is partly due to the recent approval of the Ethereum ETF. Consequently, other meme coins have followed suit.
1. SquidGrow (SQUIDGROW)
SquidGrow aims to be unique by placing utility before meme appeal. It has become a forerunner of the concept called “utility-meme” project. This has ensured the continued sustainability of the innovative project, further attracting more investors.
Moreover, SquidGrow enjoys a robust following, evidenced by its almost 40 thousand strong social media followers and 20,000 holders. It ensures transparency and security by ensuring that Certix thoroughly vets the project. The project also added a new auditing company, Solidity, specializing in smart contract security and NFT.
Furthermore, a strong focus on utility allows the project to offer sustainable staking pools. Also, a secure swap service (SGS) and integration capabilities for other projects through its customized contract further demonstrate its potential to attract investors. Meanwhile, the token has undergone a full audit and has been renounced to assure its holders of its security.
In an announcement that swept through the crypto market, SquidGrow confirmed integrating their utilities with the Ryoshi L2 network. This lets holders swap tokens and purchase NFTs with $SHIB through SquidGrow utilities on Ryoshi L2. The effect of this partnership has been felt as the token responded positively through a price gain despite the general crypto downturn.
— SquidGrow™ (@Squid_Grow) June 19, 2024
This collaboration reflects a commitment by the team at Squid to pushing the boundaries of what’s possible in the crypto space. This, along with several other strategic moves, has seen the meme token positioned towards becoming a top 10 crypto soon. It also demonstrates the team’s commitment to expanding SquidGrow’s utility.
Meanwhile, the token is valued at $0.0000000971. This price indicates a 23.5% profit since it was launched. It is trading above its 200-day Simple Moving average and has posted 25 green days in the previous 30 days. Despite a bearish sentiment, the token displays massive liquidity due to its market cap.
2. Mochi (MOCHI)
Mochi initially gained attention due to its association with the pet dog of Brian Armstrong, the CEO of Coinbase. It has moved beyond its meme-coin origins, firmly establishing itself as a project with real-world utilities. The token ensures security by undergoing a full audit and a renounced token.
One of the factors that makes Mochi different from other meme-coins is its focus on community-driven development. It has a dedicated group of individuals who are actively building several innovative projects, such as non-fungible tokens (NFTs), decentralized applications (dApps), and even a cat-themed virtual marketplace around the token. This dedication to development ensures that the token has more utilities, increasing the price.
Some of the projects include a Play-to-Earn game where users can raise a kitten in a virtual world and compete in challenges to earn rewards, a Mochi NFT Marketplace that allows users to buy, sell, and trade Mochi-themed NFTs, and a platform that integrates Mochi with DeFi protocols allowing user interest, staking MOCHI tokens, and participating in liquidity pools.
BREAKING NEWS!!!
Mochimons has hit its first Instagram reel with 100K likes ❤️
Follow if you haven't already 🐱 https://t.co/cw0xVJaNGn pic.twitter.com/TReus5atvT— Mochimons on Base (@MochimonsNFT) June 16, 2024
Furthermore, Mochi leverages the Base Chain network. The base blockchain is a Layer 2 scaling solution that facilitates faster and cheaper transactions compared to the Ethereum mainnet. This makes the user experience seamless and attracts a broader user base.
MOCHI is valued at $0.00001673 as of today’s writing. Despite a slight dip in the last 24 hours, YTD, the token has posted an 886% price increase. Furthermore, it is trading above its 200-day SMA and has posted 25 green days in the last 30 days.
3. Dogeverse (DOGEVERSE)
Dogeverse is an innovative project aiming to bridge multiple blockchains. The token seeks to create a unified space for market participants and investors. It is inspired by Cosmo, the Doge token that bridges Ethereum and Solana. Accordingly, Dogeverse empowers its holders to cross between various crypto chains seamlessly.
Furthermore, the token has moved to be listed on multiple decentralized exchanges (DEX) and centralized exchanges (CEX). It also seeks to build an active meme lovers and crypto investors community. As Dogeverse continues to expand its multichain utility, the team behind Cosmo continues to develop innovative concepts.
Following a successful presale that surpassed $15 million, it continues to see a growing market interest. This sentiment signals a perfect opportunity for investors who missed the train early before it surges further. Moreover, the token allows staking and promises a high APY.
$DOGEVERSE Token Burn Update! 🚀
We just burned ~50 $ETH worth of $DOGEVERSE Tokens! 🔥🔥🔥
This is a massive step towards increasing scarcity and boosting value.
Check it out! 👇https://t.co/N7lH9SzM1U#Memecoins #Altcoins #Web3 #Crypto pic.twitter.com/CbNosEs7S1
— DogeVerse (@The_DogeVerse) June 20, 2024
However, this opportunity is limited, particularly considering the forthcoming activities. Furthermore, Dogeverse integrates the VAX purchase option into its website. This integration enables users to transact across Ethereum, BNB, Polygon, and Avalanche. Moreover, it has also announced that Base and Solana options are set to be added.
4. Baby Myro (BABYMYRO)
Baby Myro is a meme coin based on the Binance Smart Chain blockchain. The project is positioned as the embodiment of adorable puppies within the BSC ecosystem. Its primary objectives include promoting the adoption of Web3 technology. Baby Mryo also aims to meet the rising demand for dog-themed memes across various blockchain platforms.
Meanwhile, Baby Myro has the vision to serve as a gateway for new crypto enthusiasts. It seeks to help them explore blockchain technology’s simplicity, warmth, and charm. The project has cultivated a community of dog enthusiasts. It also provides guidance and support to users as they embark on their Web3 journey.
Moreover, the token recently gained worldwide acclaim when featured in several notable podcasts on Yahoo Finance, Benzinga, and Digital Journal. It recently announced several partnerships are in the pipeline. The token is also being collaborated with PinkSale, Dexview, and AveDex.
Furthermore, BABYMYRO tokens are tradable on centralized and decentralized crypto exchanges, with FinexBox being a popular choice. The BABYMYRO/USDT trading pair on FinexBox has posted impressive results in the past 24 hours.
Baby Myro has outperformed the global cryptocurrency market YTD. The token trades at $0.000000003134. Moreover, it stands out among similar Binance Smart Chain Ecosystem cryptocurrencies.
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