This Meme Coin May be the Best Performer in 2024-2025 and It’s not SHIB or DOGE (Analyst)

TL;DR

The cryptocurrency market, particularly the meme coins niche, has seen notable growth as of late.

Predictions suggest a specific meme coin could lead the next bull run, driven by strong investor loyalty.

The cryptocurrency market has been booming lately, with numerous leading digital assets (such as Bitcoin) tapping new all-time high prices. One particular niche has dragged even more attention, and that is the meme coin realm.

Tokens of that type, including Shiba Inu (SHIB), Dogecoin (DOGE), dogwifhat (WIF), Floki Inu (FLOKI), and many more, have experienced triple-digit price increases on a monthly scale.

According to the popular trader Andrew Kang, the best-performing one during the potential bull run of 2024-2025 would be the frog-themed Pepe Coin (PEPE). 

He reminded that the bull cycle of 2020-2021 belonged to Dogecoin (DOGE), noting that its success might have been fueled by frequent announcements and support from Elon Musk. Kang urged Tesla’s CEO to get involved with PEPE and thus contribute to its possible rally. 

The trader also claimed that the meme coin “is extremely bullish from a Holderbase perspective” since previous FUD (Fear, Uncertainty, and Doubt) events have left only investors with “diamond hands.” 

The frog-themed coin has indeed been among crypto’s rock stars in the past several months. It emerged in the spring of 2023 and quickly turned into a sensation.

The asset’s impressive price performance caught the eye of numerous industry participants, such as Binance and Coinbase, which allowed trading services with it.

PEPE’s valuation reached a fresh all-time high a few days ago, while currently, it trades not far from the peak. Its market capitalization briefly surpassed the $4 billion mark, standing at around $3.9 billion as of the moment of writing these lines.

Those willing to learn more about the token’s specifics and how it became so popular feel free to watch our dedicated video below:

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🚨Millions of users and an empty Whitepaper: what is Notcoin (NOT), and why is it so popular?🚨

 

Notcoin is a viral clicker game on Telegram where users accumulate virtual coins by clicking the screen. It gained popularity quickly, attracting over 5 million players within a week of launch. Despite its simple mechanics and an empty whitepaper, its prospects are uncertain, with speculation around the potential release of its NOT token.

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Bitcoin halving cycles

The process of the 4-year cycle mechanism is that it decreases the rate at which new Bitcoins are created, ensuring a steady supply in circulation. Bitcoin halving schedule is set to four years and occurs every 210,000 blocks, the reward for mining new blocks is cut in half, from 50 to 25 to 12.5 and so on.

Halving cycles are designed to keep inflation low and maintain the value of Bitcoin over time. This helps ensure that miners have incentive to continue supporting the network, and helps protect against market manipulation or hoarders accumulating more than their fair share of coins.

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