Meme Coin Market Hits New All-Time High Of $120 Billion – Gains Reported Across The Board
2024 has been the best year for the meme coin market, with hundreds of new tokens going live, many of which made early investors rich. The real meme coin expansion entered a higher gear in early March, when the market cap spiked from $20 billion to over $63 billion in less than 72 hours. From there, meme coin markets stayed between $52 and $65 billion for months, but things changed in August when the market crashed to around $35 billion.
However, as the U.S. presidential elections were approaching, and the FED decided to cut interest rates in September and early November, the meme coin market started gaining traction, reaching a whopping $120 billion earlier this week. Gains are being reported across the board, but even DOGE’s 150% increase can’t compare with the potential of new meme coins led by Pepe Unchained, Crypto All-Stars, Flockerz, and FreeDum Fighters. So, let’s see what’s going on with the meme coin market from up close.
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Meme Coin Market Is On Fire
The crypto market is finally bullish after Donald Trump’s U.S. presidential election victory, but meme coins have been performing exceptionally well. The meme coin market cap practically exploded in the days following the election results, reaching a new ATH of over $120 billion. The gains translated to over 27% in a single day, led by Dogecoin, which reached a price above $0.4, an increase of more than 260% in one month.
The current meme coin rally is closely tied to Elon Musk, who is expected to join Trump’s team as a member of the new administration called the Government of Department of Efficiency (D.O.G.E.)
Dogecoin’s biggest contender, Shiba Inu, also saw significant gains of over 35% in one month, allowing SHIB tokens to reach a value of $0.00002898. The sudden market increase revived Shiba Inu’s Layer 2 solution, Shibarium, drastically increasing the burn rate of SHIB tokens. Other high gainers include BONK, BRETT, PEPE, NEIRO, and many other memes, all of which reported gains upwards of 20%.
However, after a few days of massive gains, the meme coin market is slowing down, but it is still expected to stay uptrend. Dogecoin is pushing toward new all-time highs, followed by many other projects. That said, the gains will not be able to compare with the potential of emerging meme coins such as Pepe Unchained, Crypto All-Stars, Flockerz, and FreeDum Fighters. So, let’s take a closer look at these emerging coins that could explode by 100X or higher after launch.
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Pepe Unchained – The Most Successful Meme Coin ICO Ever
Pepe Unchained has officially become the most successful meme coin presale ever, raising over $28 million. These numbers are incredible, especially considering that the original PEPE raised only $7 million during its ICO and became one of the most successful memes months after going live. $PEPU aims to become the next high-gain meme coin with 100X returns, and it’s backed by over 40,000 investors who recognized it as the world’s first-ever Layer 2 meme coin.
This design choice is the primary reason investors buy $PEPU tokens in bulk. Its Layer 2 design promises 100 times faster transaction speeds at much lower costs than all other memes on the market. However, that’s only some of what Pepe Unchained has up its sleeve. Since it’s built on its own dedicated blockchain, it promotes app development through the “Frens with Benefits” program. Furthermore, the latest feature, Pump Pad, allows users to quickly create their meme coins within the Pepe Chain without any coding skills, which could result in massive utilization for $PEPU tokens. The project has raised over $3.5 million in the past 5 days, showing that it’s the market’s most anticipated meme coin in years.
Crypto All-Stars – Revolutionary Multi Meme Coin Staking Project Striving For Greatness
Crypto All-Stars is another high-gain potential meme coin ICO built around a unique feature that could revolutionize the entire sector. It is designed as the world’s first multi-meme coin staking project, allowing users to stake up to 12 different meme coins to earn high returns in native $STARS tokens with no risk involved. That makes it an ideal choice for meme coin enthusiasts as it allows them to put their memes to work while waiting for a long-term price hike.
The project will launch with support for 12 meme coins, including PEPE, MILADY, DOGE, BRETT, and others, and will add more memes to the staking protocol in the months ahead. Users can also stake the native $STARS tokens for a 300% reward increase, ensuring the coin gets excellent utility. The official $STARS token presale went live two months ago and has raised over $3.5 million so far. Investors who purchase $STARS tokens during the presale event can stake them immediately for an APY of over 450%.
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Flockerz – Vote-To-Earn Meme Coin That Puts Full Control Into The Hands of The Flock
Flockerz is another highly anticipated meme coin that could result in massive returns for all early investors. Like the previous two, it’s also designed as a unique meme coin built around a Vote-to-Earn reward mechanism. Namely, the project’s USP is a fully decentralized DAO voting system that puts the control into the hands of the community called the Flock.
Community members will be able to vote on every critical decision that will shape the project’s future, for which they will be rewarded with the native $FLOCK token. The goal is to give users complete control over the project’s future, through a 100% transparent voting system. However, members with higher amounts of $FLOCK tokens will have more power, but all votes will work together to decide the project’s future.
Furthermore, you can also stake $FLOCK tokens for an incredible APY of over 1,100%, allowing you to set up a passive income stream. The project is widely advertised by popular crypto influencers such as Jacob Bury, who thinks it could bring massive returns to all early investors. The project has raised over $1.6 million so far, and you can buy $FLOCK tokens for as little as $0.0060049 before the next price increase.
FreeDum Fighters – The Next Big PolitiFi Meme Coin Inspired By The U.S. Presidential Race
The PolitiFi crypto sector is expanding, and FreeDum Fighters is the newest project that combines a satirical approach to meme coins with politics. It’s inspired by the 2024 Presidential elections and designed to reward community members for participating in political debates and other activities.
The project allows users to choose between two main protagonists – Magatron and Kamacop 9000. Each one has its own staking pools, and users simply have to decide who they stand with when staking their $DUM tokens. Each staking pool has its rewards, and the winner will be chosen through political debates and other activities. The ongoing $DUM token presale has been a success so far, raising nearly $500K, so it’s the best option if you’re into politics and high-gain cryptocurrencies. Like other cryptos on our list, it is expected to lead to significant returns after going live, so the sooner you invest, the higher the gains you can expect.
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Final Words
The meme coin market has officially entered hyper-growth, as the leading memes outperform the rest of the crypto markets as the bull market ramps up. The sector has reached a new ATH of above $120 billion and is still showing strong signs of future growth.
Considering that the new meme coins such as $PEPU, $STARS, $FLOCK, and $DUM will be going live during the bullish market in the next few months, investing early could result in massive gains, so don’t miss your chance to jump on the wagon early.
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
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