BFG Token

Memecoins are returning to the top of the crypto market. Thanks to several landmark events, 2024 could be their most successful year yet. The intersection of politics and crypto will be the primary catalyst for the next wave of memecoins. Should we jump on this wave now?<h2 id="header-0">Factors Of Memecoins Rising During 2024</h2>Memecoins thrived on the community support and popularity of the jokes they were built on. Many investors who followed the trends could multiply their assets hundreds of times. However, the time has not always been on memecoins’ side. Despite this, memecoins are now regaining their former glory and value. Several key factors support their current growth.US Elections: Donald Trump, as the next president, wants to take the crypto market to the next level. This has positively affected the growth of Bitcoin, many altcoins, and memecoins.Elon Musk in a White House: Tesla and SpaceX CEO will head the Department of Government Efficiency (DOGE). Does this acronym mean anything to you? Musk plans to carry out several important government reforms and (probably) will not forget about his beloved DOGE memecoin.Crypto Trends: The previous factors influenced the interest of the community. Many crypto enthusiasts began to create new tokens and promote them more efficiently. This launched a new wave of meme popularity.<h2 id="header-1">Choose Your Memecoin</h2>Any memecoin can be your key to wealth. The main thing is to guess the right time to invest. See a meme gaining popularity? Look for tokens related to it and analyze their growth potential. Let's explore some examples of Memecoins that have exploded the market recently.DOGE – a legend of the Memecoin world. It’s Elon Musk's favorite token with the largest market capitalization. Growth: 16.44% over the past 7 days.PNUT – a trending and "life-changing " token. Someone recently bought Peanut the Squirrel for $17 and made $3 million! Growth: 273.3% over the past 7 days.PEPE – another old and top-tier token. Everyone knows Pepe, everyone may earn with Pepe. Growth: 56.7% over the past 7 days.BONK – a memecoin with nice capitalization that takes third place in 24-hour trading by volume. Growth: 67.6% in the last 7 days.MAGA – a "Make America Great Again" token that skyrocketed during the US elections. Maybe it will show itself again. Growth: 3.5% in the last 7 days.<h2 id="header-2">How to Earn With Memecoins?</h2>You can hold or trade memecoins on various exchanges. That is, you either choose a long-term perspective or profit from short-term fluctuations. The second option may be more effective, as memecoins are very volatile. However, there’s another way. You can multiply memecoins in online casino games. For example, BetFury offers <a href="https://betfury.tv/slots_page" rel="noopener noreferrer nofollow">8&nbsp;000+&nbsp;Slots</a> and <a href="https://betfury.tv/originals_page" rel="noopener noreferrer nofollow">20+&nbsp;Original games</a> for betting. Take your DOGE or other currencies and win more!

Are Memecoins Still an Excellent Investment in 2024?

Table of Contents

betfury_gaming

Other articles published on Nov 21, 2024

Marathon Digital raises $1 Billion to buy Bitcoin

Bitcoin Soars Above $97K: Is $100K Next in the Unstoppable Rally?

Spot Bitcoin ETFs Reach New Heights with Record Inflows

Sui Network Quickly Resolves Outage, Operations Back to Normal

Coinshift Launches csUSDL, Announces Strategic Partnerships

Solana Eyes $260 Breakout as Fibonacci Levels Target $602

Join our free newsletter for daily crypto updates!