Last year was a rocky one for lotsof meme coins, with enormous volatility and considerable cost corrections making trading conditions challenging.
However, there are indications that anumberof leading meme tokens might be primed for development in 2024 as aroundtheworld crypto adoption ramps up.
This shortarticle will present 5 trending meme coins and talkabout experts’ bullish forecasts for the next 12 months based on essential and technical aspects.
1. Sponge (SPONGE)
Kicking off our bullish meme coin rate forecasts for 2024 is Sponge (SPONGE).
SPONGE took the meme coin market by storm in May 2023 with its funny branding and social media buzz, producing practically 100x returns for the earliest financiers following its Uniswap listing.
However, SPONGE didnothave real-world energy – and the designers lookfor to address that constraint through the upcoming release of Sponge V2 (SPONGEV2).
This improved token will bring in much-needed usage cases, consistingof being incorporated into a play-to-earn (P2E) racing videogame presently in advancement.
Importantly, those currently owning SPONGE can stake their tokens to acquire SPONGEV2 – with yields presently set at 493% per year.
Investors who wear’t hold SPONGE can purchase tokens through the authorities sponge.vip site, which are immediately staked to make SPONGEV2.
The impending launch of SPONGEV2 hasactually brought restored buzz to the Sponge environment, triggering the initial SPONGE token to rise over 51% in the past month.
YouTube expert ClayBro even made recommendation to the “huge benefits” that might be on deal for those who takepart in the Sponge community.
If this momentum continues, members of the Sponge Telegram neighborhood think the token might return to its all-time high of $0.0023 in the coming year.
Some SPONGE holders likewise think that SPONGEV2 might produce even greater returns when noted on exchanges – which is why meme coin lovers are looking to buy Sponge tokens before their open market launching.
2. Meme Kombat (MK)
Another meme coin that might be set for a bullish 2024 is Meme Kombat (MK).
Still in presale and set to launch lateron this year, Meme Kombat brings GameFi aspects to the meme coin area.
The idea is basic – users can purchase MK tokens and wager them to bet on battle results inbetween classic meme characters like Doge, Pepe, and Shiba Inu in a virtual fight arena.
Users who choice the winning fighter will be rewarded with extra MK.
This special videogaming and meme coin mashup hasactually drawn enormous attention from financiers, assisting Meme Kombat’s presale raise over $5.7 million so far.
The presale’s tough cap is set at $10 million – significance there is still an chance for interested financiers to get in early before the token goes live on Uniswap.
If Meme Kombat can accomplish even a portion of the success of top meme coins, it might see rapid gains when live trading starts.
YouTube expert Michael Wrubel even provided a bullish cost projection for MK, hypothesizing that it might 100x from its presale worth.
Early financiers can purchase MK tokens for $0.268 throughout the existing phase of the presale – although this phase is just set to last for 2 more days before the rate boosts.
3. Dogecoin (DOGE)
Shifting to more developed gamers, no conversation about bullish meme coin projections would be total without pointingout Dogecoin (DOGE).
As the initial meme cryptocurrency that caught mainstream attention back in 2021, DOGE has tested more longlasting than numerous of its followers in the years that followed.
While still far listedbelow its all-time high of $0.73, DOGE has supported in current months and is now hovering around $0.092.
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