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The meme coin market has witnessed a remarkable bull run, with a current market cap exceeding $46 billion and a 15% increase in the first week of March.
Leading tokens like Dogecoin and Shiba Inu have seen double-digit gains weekly, while new tokens like Bonk, WIF, and BEFE have provided significant returns.
Which top coins are poised for major gains in 2024 and could hit the $1 mark? Here are the top seven meme coins to watch:
BEFE Token: Leveraging meme culture with blockchain technology, BEFE operates across Ethereum, Binance Smart Chain, and Bitgert Chain.
Despite a forecasted price dip to $0.000312 by March 8, 2024, BEFE has gained over 450% since its launch in November 2023.
PEPE: Currently priced at $0.0000040 and ranking 59th in the crypto market, PEPE has shown significant growth with predictions for 2024 ranging from $0.000000679 to $0.00000666.
FLOKI: With a current momentum suggesting a potential rise to $0.00016 in 2024, FLOKI has shown significant growth, notably spiking 248.88% in the past week to $0.00012.
BONK: Despite a slight decrease in price by -2.63% by March 8, 2024, BONK has experienced bullish market sentiment, with the Fear & Greed Index at an ‘Extreme Greed’ level of 83.
dogwifhat (WIF): Currently trading at $1.70 as of March 3, 2024, WIF is forecasted to surpass its previous high of $1.79, aiming for a potential increase to between $3.61 and $3.72 by year-end.
Shiba Inu (SHIB): Poised for potential growth, SHIB’s price prediction suggests a peak of $0.00002026 by the end of 2024 amidst a challenging correction phase.
Dogecoin (DOGE): Surging to a two-year peak of $0.15 on March 2, 2024, DOGE has shown impressive performance, surpassing the market capitalization of other memecoins.
Read Also: Dogecoin Surges 70% This Week, More Gains Ahead? Memecoins Showdown!
While these coins show promise, investors should proceed with caution due to the volatile nature of the market. Conducting due diligence is essential to mitigate risks associated with cryptocurrency investments.
Disclaimer: The information provided is for educational and informational purposes only. It does not constitute financial advice, and you should always conduct your research or consult with a professional before making any investment decisions.
