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Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE

Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE

Insidebitcoin2024/07/22 08:55
By:Insidebitcoin

This week, the crypto market’s impressive rebound has sparked investor excitement, fueling hopes for the long-anticipated bull run to begin. Bitcoin’s surge to $67,000 has generated a wave of optimism, leading investors to closely watch meme coins.

Numerous meme coins are currently at attractive entry points, with values starting to rise, indicating potential explosive growth. In this article, we highlight the top five meme coins worth considering for investment right now. These coins display promising growth potential, positioning themselves as high-reward assets.

PeiPei (PEIPEI)

Launched in June, the Pei Pei meme coin is modeled after the Pepe (Green frog) meme coin, but PeiPei features a red frog. Initially introduced on the Uniswap chain and later wrapped with WETH, this meme coin has quickly attracted significant attention in the cryptocurrency market.

$PEIPEI has surged 268% in the past 30 days, climbing to the #314th position globally with a market capitalization of $131.1 million. The Relative Strength Index (RSI) of 65.64 has not breached the overbought range.

Technical analysis predicts $PEIPEI’s price could rise by 220.35% to reach $0.00000107 next month. A bullish trend could see PeiPei hitting new milestones in the upcoming bull run. However, a trend reversal might lead to the meme coin breaking its support trendline and reaching new lows.

Pepe Unchained (PEPU)

Pepe Unchained , a new meme ICO, has recently reached a significant milestone by raising $4.7 million in its presale. Currently, $PEPU tokens are available for $0.0085618 each. These tokens benefit from lower gas fees and faster transactions thanks to their own Layer 2 chain built on Ethereum.

By having its own blockchain, Pepe Unchained expands its potential beyond a single token, creating an ecosystem that includes decentralized finance (DeFi), non-fungible tokens (NFTs), other meme coins, and AI-related tokens . This approach enhances user experience and broadens the token’s accessibility to a wider range of investors.

Additionally, the project offers attractive staking rewards for $PEPU holders, with estimated annual yields of 399%. The development team plans to distribute these rewards over two years, allocating 30% of the total supply for staking rewards to demonstrate their commitment to investor engagement.

Pepe Unchained has successfully passed audits by Coinsult and SolidProof, boosting its credibility. There is high anticipation for substantial growth once $PEPU launches and is listed on major exchanges. Potential investors can visit our guide on how to buy $PEPU token here.

Hoppy (HOPPY)

Inspired by the internet meme from Matt Furie’s famous comic book ‘The Night Riders,’ the Hoppy project is built on the Ethereum chain. Currently trading at $0.0000950 with a market capitalization of $40 million, $HOPPY has climbed to the #613th position in the global crypto rankings.

Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE image 0 Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE image 1

Over the last 30 days, Hoppy’s price has increased by 100%. The bullish momentum behind $HOPPY’s price is supported by positive technical indicators, suggesting a potential further upward drive. Increased momentum could help bulls reclaim the previous high of $0.000202.

For more information about these meme coins, watch the video provided above and subscribe to his YouTube channel . Additionally, for trading tips and insights on upcoming crypto presales , consider joining Jacob Crypto Bury’s Discord community.

The Meme Games (MGMES)

Achieving a noteworthy milestone, the Olympics-themed crypto token, The Meme Games , successfully raised more than $210,000 during the initial week of its meme coin presale. Investors have eagerly seized the opportunity to buy $MGMES at the low price of $0.00905, aiming to benefit from early market movements.

As the presale progresses, the token’s value is expected to rise, urging early adopters to act quickly to secure the best rates. This prestigious Olympics affiliation highlights the token’s ambition and potential impact within the global crypto community.

Reflecting on the history of meme coins at major sporting events, The Meme Games follows pioneers like Dogecoin, which supported the Jamaican Bobsled team during the 2014 Sochi Olympics. Such initiatives showcase the influence of meme coins and their ability to drive significant real-world outcomes.

Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE image 2 Top 5 Meme Coins to Invest In as the Crypto Market Recovers – $PEIPEI, $PEPU, $HOPPY, $MGMES, $PONKE image 3

Source – The Meme Games Twitter

In the Olympian spirit, The Meme Games features five iconic meme coin characters as mascots: Dogecoin, Pepe, Floki, Turbo, and Dogwifhat. Investors can choose their favorite character to participate in a 169-meter sprint during the presale, earning a 25% bonus if their character wins.

Each character has unique strengths and a 20% chance of winning. There is no minimum purchase requirement, allowing investors to keep participating until their chosen character wins. The Meme Games also offers a staking feature, currently providing a 1234% APY, although this rate will likely decrease as more tokens are staked.

Over 8 million $MGMES tokens have already been staked, with a brief lockup period aligning with the presale’s conclusion and exchange launch on September 10, following the Paralympics’ closing ceremony.

Strategically timed to coincide with one of the world’s most anticipated events, The Meme Games is poised to capture global attention and capitalize on its viral potential as both a meme coin and an official participant in the 2024 Paris Olympics. To take part in the $MGMES token presale visit memegamestoken.com.

Ponke (PONKE)

Ponke has reached several significant milestones in its brief history. It is listed on major exchanges such as KuCoin , Gate.io, ByBit , and BitMart. Currently, $PONKE is trading at $0.622, marking a 34% increase over the past seven days and recently hitting an all-time high of $0.709.

Ponke is one of the few Solana meme coins to surpass a $300 million market cap. The project aims to attract more users from other DeFi protocols with its unique features, including low fees, efficient trading pairs, liquidity provision through staking, and token governance.

Additionally, Ponke’s team is working on cross-chain compatibility, which will enhance the protocol’s value. With the launch of PonkeSwap and future developments in the pipeline, $PONKE is well-positioned for growth and success in the competitive DeFi market.

Related

  • 5 Best Meme Coins to Watch During the Crypto Market Downturn for 100X Potential
  • Top Meme Coins To Buy Right Now, Saturday, July 20 – Pepe Unchained, Mog coin, Pepe, Turbo
  • Trending Meme Coins To Invest In Today, Thursday, July 18 – PeiPei, Andy, The Meme Games, Apu Apustaja
  • Top Meme Coins To Buy Right Now, Saturday, July 13 – Fofar, Popcat (SOL), Molly, Pepe Unchained
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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