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Best Meme Coins to Buy This Week as DOGE and SHIB Rally

Jul 18, 2024 am 09:11 AM

Liquidity is flooding back into the crypto market today, and meme coins are the first call of order for many traders.

Best Meme Coins to Buy This Week as DOGE and SHIB Rally

With crypto prices recovering, traders are flocking to meme coins, hoping to amplify their gains.

While Dogecoin and Shiba Inu remain at the forefront, offering traders a chance to capitalize on the rising tide, there are also smaller meme coins emerging with the potential to deliver even greater returns.

In this article, we'll highlight some of the best meme coins to consider buying now for maximum gains.

Best Meme Coins to Buy This Week

1. PlayDoge ($PLAY)

PlayDoge stands out among the meme coins with its innovative utility, setting it apart from the crowd.

It's not just another meme coin; it's developing a game that will be available in the most mainstream locations: the Apple App Store and Google Play Store.

The game combines the nostalgic charm of 1990s Tamagotchis with a cutting-edge Play-to-Earn (P2E) model.

Like the original Tamagotchi game, users will care for their virtual pet, ensuring it is fed, rested, and entertained.

But the stakes are much higher with PlayDoge, as real crypto rewards are up for grabs.

This concept appeals to a wide audience, including nostalgic fans of the original Tamagotchi, P2E enthusiasts, and value-conscious investors.

In addition to the game, PlayDoge has a staking mechanism that currently offers an 86% APY. However, this APY will decrease as more holders stake their tokens.

The project is currently in its presale and has already raised an impressive $5.7 million.

Currently, the $PLAY presale price is $0.00519, but this will increase in one day.

2. Pepe Meme Coin (PEPE)

Pepe is another meme coin to consider buying as crypto prices recover.

Like Shiba Inu, Pepe is likely to benefit significantly from the launch of Ethereum ETFs.

In fact, Pepe already hinted at this possibility during the approval of the Ethereum ETFs in June, setting a new all-time high (ATH) at the time.

With the upcoming launch of the ETFs, Pepe could soar again.

But that's not the only factor suggesting that Pepe is poised to explode.

Throughout this crypto cycle, the project has consistently outperformed its peers among the meme coins.

For example, while Shiba Inu is up around 80% year-to-date, Pepe has surged an impressive 630%.

This indicates that it's not just retail traders but also large investors who have their eyes on the frog-themed meme coin, setting it up for further gains ahead.

Currently, PEPE is trading at $0.00001193, up 24% today, 27% this week, and 1.91% this month.

It has a $5 billion market cap and a 24-hour trading volume of $1.6 billion, which is up 112%.

3. Shiba Shootout (SHOOT)

While PlayDoge tops our list for its innovative utility, Shiba Shootout is another meme coin that boasts promising use cases.

Moreover, its close association with the market's second-in-command meme coin, Shiba Inu, strengthens its bullish outlook.

Shiba Shootout fully embraces crypto's technological frontier position by adopting a Wild West theme, where Shiba Inu mascots ride horses and engage in epic showdowns.

But beyond the memetics, Shiba Shootout is developing several utilities, including staking, incentivized community story sessions, token governance, a lottery, and more.

One of the key drivers behind Shiba Inu's success in 2021 was its diverse range of utilities.

However, with SHIB's market cap now exceeding $10 billion, Shiba Shootout offers investors a second chance at substantial gains on a low market cap alternative.

The project is currently in its presale and has raised over $670K so far.

Currently, the Shiba Shootout presale price is $0.0196, which will gradually increase throughout the campaign. The next price increment is in eight days.

4. Floki (FLOKI)

Floki is yet another Shiba Inu-themed meme coin that offers utility beyond the meme.

Like PlayDoge, Floki has a P2E game at its core.

However, Floki's P2E game is a Viking-themed number called Valhalla.

The game is already live and working on a mobile-based version, which is expected to launch in 2024.

In addition to the game, Floki has a vault locker that allows projects to lock their tokens and NFTs in its smart contract.

Currently, there are over $97 million worth of assets locked in FlokiFi, indicating notable legitimacy and trust surrounding the project.

Between its P2E game and vault, Floki has a

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