Shiba

Pepe

Shiba Inu

Fetch.ai

<img src="https://cdn.thebittimes.com/images/2024/04/11/1712853926.webp" alt="">
Many analysts have given their predictions on the future of the market in 2024, and a majority of them are leaning toward bullish sentiments. The most attributed reason for the positive sentiments is the Bitcoin halving event, which will increase the demand for BTC in the long run.
While the future of Bitcoin seems bright, other five interesting meme coins to watch include <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KangaMoon </a>(KANG), Shiba Inu (SHIB), Dogecoin (DOGE), Fetch.ai (FET), and Pepe (PEPE). These meme coins will ride the incoming bull wave, becoming the top meme coins to buy in 2024.
With the anticipated halving likely to move the crypto market to new heights, this could be the best time for market participants to dollar cost average (DCA), reaping massively in the expected bull market.
<h2 dir="ltr" id="span-kangamoon-kang-span">KangaMoon (KANG)</h2>
Based on the Ethereum Network, KangaMoon (KANG) stands out in the meme coin space with its utility feature. In other words, the KANG token serves as an in-game currency for KangaMoon’s upcoming P2E game. With this, participants can buy in-game items, governance or even upgrade their characters.
Moreover, the meme coin is community-driven, such that active community members can earn free KANG tokens when they engage with KangaMoon’s ecosystem. As a result, the project has garnered over 20000 registered members and over 5,800 holders in a month.
Currently, the price of the KANG token stands at $0.0196. This marks a staggering 290% ROI from its initial offering of $0.005. Additionally, the meme coin has raised over $4.5M with a projection of hitting the $6M million mark by the end of April 2024. Experts are optimistic about the KANG token, suggesting that it would register a 50x price surge after the token is listed on Tier-1 CEX.
With a small market capitalization of roughly $19.6M, KangaMoon has an edge over other cryptos in the meme coin market. It only requires fewer funds to trigger a massive increase in its value. Moreover, positioning itself to enter the P2E gaming industry, KangaMoon is set for significant returns, given that this industry is projected to increase in value to $885M by 2028. With this view, KangaMoon is among the best meme coins to invest in 2024.
<h2 dir="ltr" id="span-shiba-inu-shib-span">Shiba Inu (SHIB)</h2>
Shiba Inu price action has been fluctuating like the pioneer crypto on the market. Despite Shiba Inu price retracement over the last few weeks, the coin is easing into widespread consolidation. The price of Shiba Inu hasn’t made much ground, but its technical structure is improving. If everything remains constant, there could be a major breakout, with the Shiba Inu coin exploding by a whopping 70% to its new all-time high in 2024 of $0.00004563.
Looking at its technical indicators, SHIB tokens hold short-term support by the 200-day EMAs. On a broader scale, the meme coin has oscillated between the critical support at $0.000024 and the resistance point at $0.00003274. The SHIB coin price would require to close the day above its previous day’s high of $0.00002775 to indicate a bullish signal.
Breaking this barrier may move Shiba Inu's price to its yearly high of $0.00004563, triggering massive historical upswings to $0.00008616, as<a href="https://www.coingecko.com/en/coins/shiba-inu" target="_blank" rel="noopener noreferrer nofollow"> CoinGecko data suggests</a>.
<h2 dir="ltr" id="span-fetch-ai-fet-span">Fetch.ai (FET)</h2>
As a pioneering decentralized barrier-free machine learning network via blockchain innovation, Fetch.ai streamlines digital transactions, enhances efficiency, and elevates user experiences. Currently, the price of Fetch.ai sits at $2.58, a 5% decrease over the last week. With a market capitalization of $2.1B, Fetch.ai is ranked 52 on<a href="https://coinmarketcap.com/currencies/fetch/" target="_blank" rel="noopener noreferrer nofollow"> CoinMarketCap</a>.
After the price of Fetch.ai stabilized at the resistance point of $2.5, crypto analysts<a href="https://twitter.com/MarketMaestro1/status/1774935394917736741" target="_blank" rel="noopener noreferrer nofollow"> Market Maestro</a> projects that the Fetch.ai price could reach $6.45 in 2024. He believes that the $2.5 mark was a critical point for the coin, which has proven difficult in previous months after the Fetch.ai coin rebounded from $3.4.
With heightened investor interest and the merging of various AI tokens, the meme coin price indicates a potential breakout exploding to new highs. Maestro projects the med-term price for the token at $6.45 and $20 for the long term. All this could come true in the coming bull, but investors should be keen on bearish backlash.
<h2 dir="ltr" id="span-dogecoin-doge-span">Dogecoin (DOGE)</h2>
Dogecoin is a crypto-based internet meme coin that utilizes blockchain technology—a highly secure decentralized system of storing information as a public ledger maintained by nodes. The meme coin quickly gathered its online community, reaching a market capitalization of $60 billion in Jan 2024, but slipped down to currently sitting at $27.23B.
Amid bullish sentiments and speculations over the use of DOGE on the social media platform X, the Dogecoin price metrics experienced a correction, as it still aims for the $0.3 mark. Despite the surge last week, the price of Dogecoin dropped to trade at $1.18. However, various on-chain measures signal a positive turnaround, with many Dogecoin investors aiming for a different trajectory in the coming week.
Its technical indicators signal a lot of selling pressures, as the trading volume registered a 13% downturn to stand at $1.95B according to<a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow"> CoinMarketCap data</a>. Traders are however optimistic, expecting more increases throughout the week, as the spike in heightened interest and whale accumulation increase.
<h2 dir="ltr" id="span-pepe-pepe-span">Pepe (PEPE)</h2>
Over the past month, the Pepe price has been fluctuating relating to the two converging trend lines of a bullish pennant sentiment. Its continuation setup was created above the 50% retracement level, showcasing a healthy retracement that allowed buyers to regain control over their assets.
In any case, the price of<a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow"> Pepe experienced a reversal</a> on April 5 2024 from the pattern’s support trendline. Pepe bolstered roughly 20% to move back to the $0.0000076 mark. If the overall crypto market remains bullish, investors may push the price of Pepe by another 8% reaching the overhead trendline at $0.0000082.
On the other hand, if the Pepe coin breaks below the support trendline, then it would cause increased supply pressures, prolonging the current correction. This event would push the Pepe price to the $0.00000313 mark.
<h2 dir="ltr" id="span-summary-span">Summary</h2>
The crypto market has witnessed significant inflows following Bitcoin’s price recovery to $72,000 on April 8th, 2024. It has accelerated a relief rally for a majority of altcoins, especially in the meme coin sector, recording a notable uptick reflecting increased investor interest in the market rally.
Among the myriad of choices for investors, the five meme coins distinguish themselves from the market with their unique features and potential for significant returns. With these crucial elements in play, the five tokens stand as a testament to Crypto’s diverse and dynamic nature.
Discover the exciting opportunities for the KangaMoon (KANG) Presale today!
Website:<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow"> https://KangaMoon.com/</a>
Join Our KangaMoon Community:<a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow"> https://t.me/KangaMoonofficial</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-meme-coins-to-buy-diversify-your-holdings-with-these-crypto-gems-tbt85131.html">https://thebittimes.com/top-meme-coins-to-buy-diversify-your-holdings-with-these-crypto-gems-tbt85131.html</a>

Top Meme Coins to Buy: Diversify Your Holdings With These Crypto Gems

Table of Contents

TheBitTimes

Other articles published on Apr 11, 2024

Revolutionary DePIN Rideshare Platform CRUIZ Rewards Early Adopters with Crypto Incentives

Introducing PP: PSTAKE Airdrop on Solana

SEC secretly investigated NFT developer Dapper Labs in 2023

Mempool Founder Calls Out Bitcoin L2, Critiques Major Anomalies

BlackRock Bitcoin ETF Opens Door For New Projects To Thrive

Binance Coin (BNB) $2 Trillion Volume Enhances New Rivals Presale Raise, Currently Completed 92% ...

Join our free newsletter for daily crypto updates!