The cryptocurrency market in 2024 is experiencing a real boom, and meme tokens are once again in the spotlight. Both experienced investors and newcomers are actively discussing the skyrocketing growth of meme coins, many of which have increased in price by hundreds of percent in a short time. Social networks are filled with success stories and recommendations on which assets are worth buying. As a result, interest in meme tokens has reached unprecedented heights, and more and more people are diving into this volatile yet highly attractive market.
In 2024, Bonk and Dogwifhat became some of the most prominent meme tokens in the cryptocurrency market. Both tokens' capitalizations exceeded $2.5 billion, indicating a strong interest in the projects from investors and traders. However, the question arises: how will these tokens behave during the next bull run, and do they have a serious competitor?
And there is a competitor – Pepe Meme. The token is still in the pre-sale stage, making it an excellent opportunity for early investors.
Why could Pepe Meme become the main meme coin during the next bull run?
Pepe Meme is developing its ecosystem, which is both extensive and useful. One of the best features is the airdrop, which truly highlights Pepe Meme's attention to its investors and fans. It’s always pleasant to receive something for free, isn't it? Such moments help build closer relationships between the project and its participants, generating interest and strengthening trust. Isn't it crucial that cryptocurrency projects not only bring income but also care about their users? Pepe Meme airdrob availiable here.
With each passing day, Pepe Meme is becoming more popular and attractive to the crypto community. This is confirmed by 500,000 followers on Twitter and over $2.5 million token purchases during the pre-sale.
Another very important feature in the Pepe Meme ecosystem is a personal platform for launching meme coins – PepePad. Such platforms are highly appealing to risk-taking traders, of which there are currently many.
Though Pepe Meme is a meme coin, the project focuses on long-term perspectives, which allows it to attract more and more attention from the community and crypto influencers. For instance, Elon Musk left his tweet under one of Pepe Meme's posts, sparking a huge wave of discussions and speculation.
Will Bonk perform well as it has in the past?
In November, Bonk showed very strong growth, amounting to slightly over 250% in just a couple of weeks. The meme coin is simultaneously correcting along with most altcoins due to Bitcoin dominance growth and hasn’t yet been able to show sharp growth. Once the bull run begins, Bonk has all chances to reach the top 10 most profitable meme coins.
Dogwifhat – the future is uncertain
The meme coin has almost completely lost all its growth since early October, and trading volumes have dropped by 10% compared to October. Though Dogwifhat has always remained one of the most volatile and recognizable meme coins in the world, it’s now evident that investors and traders are unsure of the project's future and are looking for new projects.
Perhaps during the bull run Dogwifhat will again show sharp and significant growth, but at the moment, it’s impossible to be sure.
Coins that may have potential during a bull run
Aside from Pepe Meme and Bonk, there are several other coins worth paying attention to before the bull run begins, as they could demonstrate rapid growth.
- Stellar (XLM) – a blockchain platform created to simplify and reduce the cost of money transfers between users and companies worldwide.
- Litecoin (LTC) – an efficient alternative to internet banking and the PayPal network.
- Aptos (APT) – a Level 1 blockchain that provides users with enhanced scalability, reliability, security, and ease of use.
- Internet Computer (ICP) – a decentralized platform that allows the development and launch of applications and web services directly on the Internet without additional servers.