Retail activity is starting to perk up in the meme coin market as open interest shifts higher on the best meme coins, opening the way for $PEPENODE and $MAXI to make strong debuts in presale.
KEY POINTS:
➡️ Bitcoin is back over $115K and retail volume is returning
➡️ $DOGE is up again after crashing to $0.17
➡️ Retail buyers are also going long into $SHIB and $PEPE
➡️ $PEPENODE and $MAXI could be the next meme coins to explode
The cryptocurrency market is starting to recover from an uncertain October, with $BTC back over the $115K mark and a broader rally for coins such as $DOGE, $SHIB, and $PEPE.
After dropping to $0.17 during the aftermath of the October 10 flash crash, $DOGE has risen back above $0.2 again, with a 5% increase in the last five days. $SHIB is also up over 5% in the last five days, bringing its value to $0.0000104.
Caption: Source: CoinGlass
Open interest is also up across all three coins, signalling that there’s an increase in speculation on these market-defining meme coins. Retail diving back into the meme coin market is a bullish indicator for the long-term health of these coins, as well as the market as a whole – especially after such a rocky October.
To that end, we’ve identified three meme coins that we believe could capitalize on a retail shift back into crypto. Read on, and we’ll discuss why we think PEPENODE ($PEPENODE), Maxi Doge ($MAXI), and Dogecoin ($DOGE) have what it takes to top the meme coin charts.
1. PEPENODE ($PEPENODE) – Buy Your Own Virtual Mining Rig and Become A Crypto Baron in This Mine-To-Earn Game
PEPENODE ($PEPENODE) is a gamified Mine-To-Earn platform where you can set up your own virtual server farm and simulate the experience of mining crypto, all while earning real $PEPENODE tokens you can spend and trade.
It’s the first of its kind – a Mine-To-Earn memecoin that allows you to make strategic decisions about your crypto mining setup without the hassle of setting up expensive hardware. Whales may have dominated the real-world crypto mining sphere, but PEPENODE gives you the chance to level the playing field.
When you start up PEPENODE, you have an empty virtual server room that you can fill with mining nodes bought using $PEPENODE. Once your nodes are running, they yield back a passive amount of $PEPENODE over time. Some combinations yield more in combination, so experimentation is rewarded.
The $PEPENODE token is the backbone of the game’s economy. Want to cash out your servers and convert them back into liquid $PEPENODE? No problem, just sell them on the blockchain – but it’ll reduce the hashing rate and your long-term $PEPENODE rewards.
However, there’s a way to make your $PEPENODE work for you even before the game comes out, with an exclusive staking reward offer in the official presale. Any $PEPENODE you buy now can be staked for up to 655% annual rewards.
That means when the game comes out, you’ll be significantly ahead of the curve compared to node operators who’ve bought in later. Having better servers out of the gate means you’ll make more over time, increasing your chances of topping the PEPENODE leaderboards for rewards in other meme coins.
Join the PEPENODE project before the game fully launches.
2. Maxi Doge ($MAXI) – The Meme Coin of a Generation of Die-Hard Crypto Trading Bros
Maxi Doge ($MAXI) is one of the hottest new memecoins ready to take the exchanges by storm. It’s a $DOGE spinoff featuring Maxi, Doge’s lovable alpha gym-bro cousin who spends his days either pumping weights in the gym or religiously watching the charts for a new 1000x leverage play.
Maxi has all of the meme credentials needed to take off, but behind the scenes, $MAXI is more than just a meme coin. It’s also a utility token for a community of like-minded traders who believe in high-risk, high-reward gambles over lazily watching a blue-chip rise for the next twenty years.
That’s why the Maxi Doge devs are offering $MAXI holders the opportunity to take it one step further with regular trading competitions, rewarding the most innovative plays and maximizing ROI for trades. It’s all about fostering a clan of hardened ambassadors for the token who will carry $MAXI to victory on the market.
In the long term, the $MAXI devs intend to partner with existing futures trading firms, elevating $MAXI to become a symbol of go-hard-or-go-home crypto investment. It’s not unheard of, either – just in recent memory, Dogecoin rose from below $ 0.10 to $0.46 by the end of 2024.
To pump $MAXI as high as possible, 40% of the total token distribution is dedicated to a marketing fund. By partnering with key opinion leaders and launching a massive advertising campaign, $MAXI is poised to go viral as soon as the token is released.
In fact, the presale has already achieved significant success. $MAXI has raised $3.7M in token sales to date, pushing the coin’s value up to $0.000265. It’s a dynamic presale, so don’t expect this price to be around forever.
Get your $MAXI tokens today and receive up to 80% in staking rewards.
3. Dogecoin ($DOGE) – The OG Meme Coin
Dogecoin ($DOGE) has come a long way since its inauspicious beginnings as a joke token in 2023. It has since spawned an entire speculative crypto market that’s now worth over $57 billion in market cap. Much of this is attributed to $DOGE alone, which currently has a market capitalization of $30B.
It’s easy to dismiss $DOGE as just a joke, but it has driven mainstream crypto adoption and is now accepted by major corporations like Tesla and Microsoft, as well as smaller retailers such as AMC and GameStop. It isn’t just speculative buying driving $DOGE, but real-world value as well.
Part of the reason that $DOGE has succeeded is that it’s a low-cost solution to transferring small amounts of value quickly. Want to tip one of your favorite content creators? It’s cheaper and easier to send $DOGE than $BTC.
Dogecoin is currently trading at just over $0.02, having bounced off the $0.21 ceiling. However, we expect that the significant action taking place on the futures market for $DOGE shows confidence in future gains for the coin.
Check out $DOGE now on any CeX or DeX.
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Source: https://bravenewcoin.com/partner/best-meme-coins-retail-traders-return