With the rise of meme coins and Shiba Inu leading the way, investors are eyeing the next big gains from projects like Flockerz and Crypto All-Stars as the bull market intensifies.
Meme coins have entered a frenzy, and Shiba Inu has also regained momentum, rising 45% this week, showcasing its strength.
With the rebound of the cryptocurrency market, several meme coins may see significant increases in the coming weeks.
SHIB is rising, and traders point out that the upward trend will last for months.
This week, Shiba Inu has performed well. Bitcoin has broken the $81,000 mark for the first time, leading the market.
However, traders believe the upward trend for SHIB is just beginning.
Currently, the trading price of SHIB is $0.00002471, up 9% today, 47% this week, and 38% this month. Its market cap is $14 billion, with a 24-hour trading volume of $6 billion, up 245% today.
This week's rise could trigger a bigger event.
Harmonic Patterns analysts expect gains to reach 4 times. They point out that this is a 'crab pattern' with an upward target of $0.00011.
Similarly, Nology believes SHIB will experience months of growth and soar to $0.00009 in early 2025.
This aligns with the historical price data of the cryptocurrency market, which typically shows bullish periods in the fourth and first quarters.
Notably, the bullish sentiment for altcoins in the first quarter is even stronger than in the fourth quarter, indicating that Shiba Inu and other meme coins may accelerate their growth in early 2025.
But today, it's not just Shiba Inu that's heating up. The entire meme coin market is booming, with Bitcoin breaking $80,000 for the first time, driving this trend.
Currently, the trading price of BTC is $809,000, having peaked at $818,000 earlier on Monday.
Meanwhile, the meme coin market is just one step away from hitting an all-time high.
According to CoinMarketCap, the current valuation of the sector is $87.5 billion, with a peak of $89.5 billion.
Which will be the next trending meme coins?
Given that experts believe the cryptocurrency bull market will last nearly another year, this suggests that the performance of meme coins in the last cycle will be surpassed by the performance in this cycle.
Could these be the next tokens to see huge gains?
Flockerz
Flockerz is an innovative meme coin that allows for voting to earn on a decentralized autonomous organization (DAO).
DAO is a groundbreaking concept that allows participants to control and manage a project. In the case of Flockerz, FLOCK holders will vote on-chain to decide the project's future.
But that's not all - they can even earn rewards through voting. This feature aligns users' incentives with the success of the project, ensuring long-term growth.
By rewarding community members and allowing them to take control of the project's future, Flockerz has unparalleled appeal.
In the fiercely competitive world of meme coins, this advantage cannot be overlooked.
FLOCK holders can also stake their tokens for more rewards. Staking can provide an annualized yield of 1,210%, but this yield will decline over time.
Flockerz is in presale, having raised $1.4 million so far. The current price is $0.005981, but it may rise within a day.
Crypto All-Stars
Crypto All-Stars has also pushed the limits of meme coins. They are developing a staking application that allows users to earn passive rewards from 11 top joke tokens.
Among them, Shiba Inu, Dogecoin, Pepe, etc., will be supported.
However, the team will also add new tokens over time to ensure the project stays in line with industry trends.
Staking rewards will depend on the amount of STARS held by users, incentivizing all top meme coin community members to invest as much as possible.
As the meme coin bull market continues, investors will seek ways to increase profits - and Crypto All-Stars provides just that.
Users can also stake STARS tokens to earn more rewards.
Currently, STARS is also in the presale stage. However, it is progressing faster than Flockerz's presale, having raised $3.2 million so far. This means investors should act quickly to secure the best price.
