1.JasmyCoin ( JASMY-USD ) has more than tripled in 2024. The coin, launched by a former Sony executive.certainly has momentum in its approach to the Bitcoin halving. While JasmyCoin certainly has tremendous potential, there are also things to keep in mind, which I will discuss later. First, I want to discuss its uses and the main reasons investors are flocking to JasmyCoin these days.
2.Shiba Inu (SHIB-USD) is surging as I write this. In the last 24 hours, its value has increased by almost 50%. Up more than 280% over the past month. That is an excellent representation of its volatility. When volatility favors investors, the results can be very positive.
The influx of new users will logically increase the amount of liquidity in Shiba Inu. That is a very strong sign for the Dogecoin killer and arguably more powerful than high trading volume alone.
3.Pepe (PEPE-USD) is a relatively new meme coin and has been around for less than a year. In a short period of time, this has resulted in two bullish spikes resulting in lifetime gains of over 13,500%.I railed and railed against Pepe after the first spike and immediate downturn in early May 2023. I wrongly believed that Pepe would die a slow death that it would never again testing the previous high. I am wrong. It has since risen nearly 300% above its initial high. It will likely continue to increase again as the Bitcoin halving approaches.
4.Solama (SOLAMA-USD) is a meme coin that utilizes the Solana (SOL-USD) blockchain. This project, like many others, uses humor and quirky marketing to attract investors. In Solama's case, he markets himself as the Unofficial Solana mascot. Maybe it's just me, but the combination of the Llama mascot and the use of the name Solana somehow made me laugh. Honestly, that's probably enough. The world of meme coins is all about imagination and comedy. Projects that successfully leverage these factors have the potential to generate large audiences quickly.
5.Dogwifhat (WIF-USD) started trading just before Christmas. This is the youngest meme coin on this list. In a short time, the price has gone from 17 cents to 2dollars. Like Solama above, dogwifhat is another Solana meme coin. This is another coin with a slightly strange origin story. The reason why it has received so much attention is its association with the image of a dog wearing a hat. The term “wifhat” has become popular.
Those are 5 meme coins that have the potential to skyrocket in 2024.
