The post Will MemeCoins Rally 100x This Altcoin Season? Here’s What Traders Can Expect appeared first on Coinpedia Fintech News
Meme tokens have taken the crypto world by storm, capturing the attention of investors worldwide. The allure of skyrocketing profits and the thrill of hopping onto the latest meme bandwagon has led to the emergence of several meme tokens. While some may dismiss these tokens as fleeting internet fads, others see great potential in them. Here are four top meme tokens to keep an eye on this week:
Shiba Inu (SHIB)
Shiba Inu has been one of the most talked-about meme tokens, with a market cap of over $6 billion and a circulating supply of 590 trillion SHIB. Despite a recent decline in price, I believe that SHIB has the potential to rebound in the near future. Its dedicated community and constant updates to its platform make it a formidable player in the crypto world.
Dogecoin (DOGE)
Dogecoin, with a circulating supply of 140 billion DOGE and a market cap of over $10 billion, has proven to be a force to be reckoned with in the meme token space. Although it has experienced a slight dip in price recently, I believe that it is only temporary. The Dogecoin community is known for its loyalty, humor, and enthusiasm, which has helped drive its popularity.
FLOKI (FLOKI)
FLOKI is a relatively new meme token that has been gaining attention recently. With a market cap of over $372 million and a circulating supply of 9.8 trillion FLOKI, it has shown promising signs in the crypto world. Its unique branding and dedicated community have helped drive its popularity, and I believe that it has the potential for significant growth in the near future.
Bone ShibaSwap (BONE)
Bone ShibaSwap is a decentralized exchange platform with its native meme token, BONE. Despite a recent decline in price, Bone ShibaSwap is worth watching this week. Its platform is focused on providing decentralized exchanges, and its community is highly supportive. With constant updates and developments to its platform, Bone ShibaSwap has the potential for significant growth in the near future.
Source: https://coinpedia.org/altcoin/will-memecoins-rally-100x-this-altcoin-season-heres-what-traders-can-expect/