November is an opportunity to diversify your portfolio and amass wild stacks during the bull run. With Bitcoin dancing in value due to uncertainty surrounding established cryptocurrencies, smart investors are eying meme coins due to their massive upswing potential.
The question is, what are the most promising meme coins this season?
Let’s see!
Shiba Galaxy ($SHIBG)
Shiba Galaxy ($SHIBG) may seem like an odd addition to this list considering its recent entry into the industry, but the growth potential is clear when you dig a little deeper.
Because it’s an L2 blockchain coin, Shiba Galaxy offers instant bridging between Shiba Galaxy Chain and Ethereum. This means that users can benefit from low transaction fees and fast processing speeds – a trait most meme coins don’t have.
The SG team is committed to building an entire ecosystem with a dedicated builder and block explorer – the perfect avenue for developers to build their very own meme coins.
This amount of utility already sets Shiba Galaxy apart, but there are additional goodies to be excited about. For instance, you can stake your $SHIBG, which is awesome by itself and will only serve to broaden this coin’s appeal.
Early participants can bag $SHIBG at just $0.105 through the official website. The market cap is currently $30 million, so there may be some serious upswing potential during the bull run.
Shiba Inu (SHIB)
Two shibas side by side, what could be cuter?
Shiba Inu (SHIB) is like an older brother of the number one entry on this list. Starting in 2020, the initial supply was a whopping quadrillion until ETH co-founder Vitalik Buterin (who received half of the tokens for free) burned 40% of the total supply and donated large amounts to charity. This decrease in supply boosted Shiba Inu’s value significantly.
Shiba Inu runs on the Ethereum blockchain, which is a good thing as it can interact with various Ethereum dApps.
In addition to ShibaSwap, a full-featured DEX, Shiba Inu may also get an NFT platform, potentially giving it some utility that may turn it into more than just a meme coin.
You can snag SHIB at a low price of $0.00001683.
Mpeppe ($MPEPE)
When you combine Pepe and the famous soccer plate Kylian Mpappé, you get Mpeppe ($MPEPE). Punny naming aside, this meme coin is connected with a variety of NFTs and there are also plans to create a bona fide iGaming platform.
Sports fans are plentiful so a sports-centric approach could attract droves of new users to the blockchain, which is something we’ll always tip our hat to.
$MPEPE is also super affordable at $0.0021, so if you’re into sports, this meme coin could be a great addition to your portfolio.
PEPE (PEPE)
While other coins so far all brought some extra sass, PEPE is keeping true to the meme coin philosophy – absolutely no utility to speak of.
Even though the industry has shifted towards projects with utility, PEPE is still a popular meme coin. Priced at $0.058053 with a daily trading volume of $551.77 million, it can enrich your portfolio, especially during the coming bull run.
Dogecoin (DOGE)
The granddaddy of all meme coins, Dogecoin (DOGE) started as a parody of crypto assets. With 10k new coins mined per minute, it was meant to be nothing more than a joke – but eventually became one of the most famous cryptocurrencies with a value exceeding $50 billion.
This is a true testament to the power the community holds, but is it enough in 2024?
Although it lacks bells and whistles, it’s popular and an easy entry into the market. At the moment, DOGE costs $0.1564 and its daily trading volume of $2.39 billion just goes to show how lucrative meme coins can be. Dogecoin will always have a place in our hearts, and it’s possible it will retain its relevance in the current crypto scene.
Get the bag
This bull run will be brimming with excitement and the meme coin sector presents great opportunities for new and established traders.
Although the classic coins are still relevant, the biggest potential may lie with the likes of Shiba Galaxy, which can revolutionize the meme coin space by bringing utility to the table.
Either way, you can’t go wrong with any of the coins listed here. Hopefully, the tides will favor you to leave the bull run with a nice little bag. Happy trading!
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/most-promising-meme-coins-to-invest-in-before-the-coming-bull-run