The crypto market is on the cusp of a major bull run, with meme coins in the spotlight.
The US Federal Reserve will almost certainly start its quantitative easing in September, flushing the markets with fresh capital and potentially kickstarting the meme coin mania.
Best Meme Coins To Buy
Both large-cap and low-cap meme coins are equally in high demand.
While large caps like Pepe and Floki are acting as beta plays on Layer-1 coins like Ethereum, low-cap gems such as Pepe Unchained and Shiba Shootout could potentially deliver outsized returns. In fact, some experts are calling them the next 100x cryptos.
In this article, we will list 6 best meme coins to buy for the next bull run.
Dogecoin (DOGE)
Dogecoin tops our list of best meme coins to buy.
The bull thesis for DOGE is very simple. It remains Tesla and X owner Elon Musk’s favourite cryptocurrency.
Former President Donald Trump announced a Government Efficiency Commission on Thursday if he is re-elected, which will be led by Musk. Therefore, it wouldn’t be a surprise if the Dogecoin price pushes towards a new all-time high in case of a Trump victory.
As such, the odds of a Trump presidency have been steadily growing and the Republican is now leading by 20 points in Nate Silver’s model.
The DOGE price is also heavily undervalued. At its current price of $0.094, it is trading nearly 90% below its all-time high, making it an excellent buy ahead of the next bull run.
Floki (FLOKI)
Floki’s inclusion as one of the best meme coins to invest in shouldn’t be surprising.
As one of the top multi-chain meme coins, Floki is acting as a beta play on both Ethereum as well as BNB. Once ETH and BNB hit their local bottom and start their bullish reversal, Floki is expected to be one of the top-performing cryptocurrencies.
As such, Floki is a high-utility meme coin, one of the reasons why it survived the 2022 bear market and secured a listing on Binance. Features such as Floki staking, FlokiFi locker and the play-to-earn Valhalla game separate the meme coin from run-of-the-mil shitcoins.
The Floki crypto has already displayed its bullish strength earlier this year, hitting a new all-time high in June. However, it has corrected by 65% since, making it an excellent undervalued meme coin to buy before the next bull market.
As such, experts are impressed with its resilience. The Floki price is down by only 3% in the past month, as compared to the double-digit declines in Bonk, Brett and Pepe.
Shiba Shootout (SHIBASHOOT)
Shiba Shootout is the first low-cap meme coin on our list. Despite its low valuation, the meme coin is in high demand, having already raised over $1 million in presale funding.
SHIBASHOOT has followed in Floki’s footsteps and is a high-utility meme coin.
Similar to Floki, the meme coin has launched a thrilling play-to-earn game, with over $2 million in store for gamers. The Shiba Sharpshooter game is already live on the App Store and Google Play, with thousands of downloads across both platforms.
Furthermore, its cowboy-themed staking program - Cactus Staking - is also creating quite a buzz, with presale buyers currently earning passive income at a reward rate of over 800%. A native staking program is another similarity that SHIBASHOOT has with Floki.
Shiba Shootout holders can also take advantage of the refer-to-earn Posse Rewards, the Lucky Lasso Lottery and Campfire Story Sessions.
With a plethora of monetary perks in store, it is no surprise that experts are calling Shiba Shootout one of the best meme coins to buy. Some experts believe that the meme coin could offer up to 100x returns.
DOGS (DOGS)
No meme coin has received as much support from Binance as DOGS. After all, there is a reason why DOGS remains one of the top trending cryptocurrencies on CoinMarketCap on a daily basis.
As such, DOGS has created quite a buzz by being the latest meme coin phenomenon on Telegram, following in the footsteps of Notcoin and Hamster Kombat.
It is also one of the rare meme coins to have its initial launch on the Binance spot market, before listing on other top-tier exchanges. Since then, it has also been listed on Binance Futures.
#Binance Futures will launch $DOGSUSD COIN-M Perpetual Contract at🗓️ September 10, 10:00 (UTC)Read more 👉 https://t.co/SzolhcDQ1i pic.twitter.com/aoYSgoYVqN
— Binance Futures (@BinanceFutures) September 5, 2024
The DOGS price is also showing impressive resilience and is up by 1%, despite a 4% decline in BTC today. Typically, such resilient tokens are the ones that deliver outsized returns during the bull market.
Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is another viral meme coin that is currently putting up one of the hottest presale performances of 2024.
Despite the market downturn, PEPU has raised over $12 million in presale funding.
However, the strong demand isn’t unexpected. In a bold move, Pepe Unchained will become the first frog meme coin to have its own Layer-2 blockchain. Not even Pepe can boast of this feat.
The move has given PEPU significant media attention, with prominent outlets like CoinMarketCap, Cointelegraph and Techopedia covering its presale performance.
However, the Layer-2 blockchain isn’t just a marketing ploy. In fact, the chain will offer low trading costs, fast transactions and high staking rewards, separating it from other new Ethereum meme coins that have to face the heavy congestion on the ETH blockchain.
It is for these reasons that a growing number of analysts are calling PEPU the next 100x crypto.
Neiro Ethereum (NEIRO)
We round up our best meme coins list with Neiro Ethereum, the latest token to list on Binance Futures.
#Binance Futures will launch USDⓈ-Margined $NEIROETH Perpetual Contract at 🗓️ September 6 2024, 14:00 (UTC) Read more ➡️ https://t.co/1jDjSh8Lol pic.twitter.com/VAuoljCRCL
— Binance Futures (@BinanceFutures) September 6, 2024
For the uninitiated, Neiro is the latest Shiba Inu dog adopted by @kabosumama, who also owned Kabosu, the original dog behind Dogecoin. Unsurprisingly, the meme coin has received strong backing from Dogecoin and Shiba Inu holders.
Neiro Ethereum is also showing impressive resilience. The meme coin is up by 90% today, despite the bearish trend in the broader crypto market.
Experts believe that NEIRO could be one of the next meme coins to garner a multi-billion market capitalization. All eyes are now on Coinbase if it could be the next exchange to list the meme coin.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
