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Home CRYPTO

Meme Coins WIF, BONK, PEPE, and SHIB See Biggest Gains Among Top 100 Cryptos

by Drop Gorn
October 1, 2024
in CRYPTO
Reading Time: 3 mins read
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  • SHIB, PEPE, and WIF have driven the memecoin market cap to $55 billion, experiencing explosive growth.
  • DOGEN, a new memecoin for “real alphas who always win,” is expected to surge 700% by the end of its presale.
  • While SHIB, PEPE, and WIF may have less short-term potential, the spotlight has shifted to DOGEN, which analysts predict will break records in this altcoin season.

Meme coins are experiencing explosive growth, with SHIB, PEPE, and WIF boosting the market cap to $55 billion. This article explores which tokens might surge next in this unprecedented phase.

DOGEN: The Alpha Meme Token

DOGEN is a new meme token on the Solana blockchain, running with established players like BONK, WIF, and Popcat. It is currently flying under the radar but poised to set new records in this bull run. DOGEN is holding an airdrop for early adopters.

Four of the best-performing top 100 cryptocurrencies over the last week are memes 😂

Memecoin super cycle incoming?

• dogwifhat $WIF (@dogwifcoin): +41%

• Bonk $BONK (@bonk_inu): +35%

• Pepe $PEPE (@pepecoineth : +28%

• Sei $SEI (@SeiNetwork): +26%

• Shiba Inu $SHIB… pic.twitter.com/07lzMCMxBS

— BlockNews.com (@blocknewsdotcom) September 30, 2024

Understanding the Popularity of SHIB

SHIB is a cryptocurrency inspired by Dogecoin but built on the Ethereum blockchain. This connection with Ethereum increases its utility. SHIB gained attention after Vitalik Buterin burned trillions of tokens. The presence of projects like ShibaSwap and plans for NFTs and governance systems offer more utility for SHIB.

PEPE: A Tribute to Pepe the Frog

PEPE is a deflationary memecoin based on the popular Pepe the Frog meme. It aims to mirror the success of coins like SHIB and DOGE. PEPE embraces its identity as a purely meme-based coin with no taxes on transactions. It reached a market cap of $16 billion in mid-2023, creating buzz among crypto fans.

DOGWIFHAT: A Memecoin on Solana

Dogwifhat (WIF) has grown popular due to its dog-themed inspiration and presence on the Solana blockchain. It aligns with other meme coins tied to internet culture. WIF focuses on community and entertainment over transactions. Its volatile value and large supply contribute to its unique appeal.

Conclusion

While SHIB, PEPE, and WIF may have limited short-term potential, DOGEN shows promise for those seeking luxury and success. With expertise from coins like BONK and Popcat, DOGEN aims to break records in this altcoin season. Its strong community and tangible benefits make it a token to watch.

Tags: BonkDogecoinDOGENDogwifhatMemecoinPOPCATShib
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