In the last bull market, and even this year, memes have proven themselves to be formidable competitors in the cryptocurrency market. The profits obtained from these seemingly useless digital assets have created their own millionaires
In the last bull market, and even this year, memes have proven themselves to be formidable competitors in the cryptocurrency market. The profits obtained from these seemingly useless digital assets have created their own millionaires. Nowadays, although these assets have higher volatility and investment risks, they still receive widespread attention from investors. Therefore, here are five meme coins to focus on the next bull market.
DOGE
DOGE OG DOGE SpaceX
Musk's support for this token will trigger a large-scale rebound in early 2021, giving rise to the thriving meme token space. The most important thing about DOGE and why it ranks first on this list is that it still receives strong support from Musk, which may be the catalyst for its rebound in the next bull market, especially when integrating it into Twitter in the hope that billionaires will find a way.
Chaigou (SHIB)
Due to competition with dog coins, Chaigou is the next candidate. By promoting oneself as a 'dog coin killer', SHIB can become one of the most valuable memes. It will continue to rebound by over 1000000%, accumulating enthusiastic followers in the process.
SHIB was heavily hit during the bear market trend that dominated most of 2022, but remained above $0.00001, which bodes well for digital assets. With the development of SHIBMetaverse and the upcoming Layer 2 solution, Shibarium, there is still a lot of room for development.
FLOKI
FlokiInu is another meme coin born from Musk's post on Twitter. When the billionaire released his firewood dog and said he would name it Floki, FlokiInu quickly appeared and accumulated a large amount of profits in the process.
Now, one of the reasons why FlokiInu is attractive to investors is how fast it moves. An example of this is Musk's series of posts on Twitter, which include photos of his dog Floki dressed up as Twitter CEO. Since then, the price of FLOKI has increased by nearly 100%.
If this situation persists into a bull market when digital asset prices are easily volatile, posts like Musk can easily cause the price of meme coins to skyrocket.
BabyDoge
BabyDoge Dogecoin meme
For this reason alone, as well as the hype after the tokens, the likelihood of more investors trying to seize the next month's package is high. Therefore, closely monitoring the entry into the next bull market may be a good choice.
Bone ShibSwap
BONE is the original token of ShibaInu ecosystem and its ShibSwapDEX. Given that its supply is far lower than SHIB, it has seen significant growth. However, like SHIB, BONE can gain higher returns from the upcoming Shibarium.
ShibaInu developers have revealed that BONE will serve as the underlying token for Layer 2 blockchain. This means that BONE will be used to pay the fees, and if the Shibarium result is as successful as expected, it will greatly increase the demand for the token.
Bonus meme coin
As is well known, the cryptocurrencies mentioned in this article have high volatility. This means that the risk of losing money when investing in such coins is very high.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
