The Fear and Greed Index is at 50, indicating market stability, while meme coins are trending alongside Bitcoin, which is currently hovering around $63,000.
As the crypto market shows signs of heating up again, September presents a key opportunity for investors to consider adding meme coins and those in presale to their portfolios, especially before October.
The Fear and Greed Index is at 50, indicating market stability, while meme coins are trending alongside Bitcoin, which is currently hovering around $63,000.
With meme coin mania approaching, here are five top meme coins to watch during this low market phase. Although these may not have the largest market caps, they possess strong potential for significant gains.
1. Turbo (TURBO)
$TURBO has emerged as one of the most exciting meme coins in 2024, leveraging AI to create a vibrant and rapidly growing community. $TURBO, currently ranked as one of the most profitable meme coins, occupies a remarkable position at number seven on the list of recommended investments.
Launched with a modest budget of just $69, the project soared to an astonishing $638 million within three months and now boasts a market capitalization of over $380 million.
As the cryptocurrency market continues to evolve, projections suggest that $TURBO could potentially reach a billion-dollar market cap during peak market conditions. In the past week, $TURBO has experienced a remarkable surge of 41% following its listing on Binance.
However, a slight pullback of approximately 1.97% is currently underway, potentially presenting a strategic buying opportunity for those bullish on AI-driven meme coins.
For investors looking to capitalize on $TURBO’s momentum, this could be an opportune moment to consider adding it to their portfolios.
2. Pepe Unchained (Pepe Unchained)
Pepe Unchained is currently in its presale phase and has raised an impressive $14.6 million, backed by whales supporting the project. The excitement surrounding this initiative is palpable, and many firmly believe it could easily reach a $100 million market cap once it goes live.
Pepe Unchained represents a unique opportunity to get in early on a promising meme coin project. By participating in the presale, potential investors can buy and stake their tokens now, maximizing their returns before prices soar.
3. Baby Doge Coin (1MBABYDOGE)
Baby Doge Coin presents a compelling buying opportunity. Recently, the project executed a significant burn, eliminating $2.1 million worth of Baby Doge Coin tokens from circulation.
Following its recent listing on Binance, Baby Doge Coin has experienced a surge in interest and trading activity. Currently, the token has seen a slight pullback of about 3%.
However, looking at the past week, it is still up 23%. Many of the gains made after the Binance listing have been trimmed, as some long-term holders took profits amid the initial excitement.
This sell-off can be viewed as a healthy shakeout, paving the way for a potential rebound. With ongoing buybacks and token burns, along with a strong community backing, Baby Doge Coin has substantial upside potential.
4. Memebet (MEMEBET)
Memebet is launching a new crypto casino that allows users to bet with meme coins and has already raised $270k in presale. This casino is tailored for meme coin enthusiasts, enabling players to wager with their favorite tokens, and is poised for significant growth.
As a supporter of Argentina’s national football team, the project has garnered additional bullish sentiment. By purchasing $MEMEBET, users can earn substantial play-to-earn airdrops, special rewards, and exclusive VIP benefits.
5. First Neiro On Ethereum (NEIRO)
First Neiro on Ethereum was recently listed on Binance just a couple of days ago, and since then, it has surged by 14.33% in a single day. The overall performance has been phenomenal, with a staggering 2562.41% increase over the past seven days.
This project is currently ranked as the most profitable meme token in 2024, showcasing a remarkable surge. Many early holders are celebrating their gains, particularly those who sold at the peak.
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