With Bitcoin on the cusp of a new all-time high, the meme coin sector is gearing up for the highly-anticipated supercycle.
Meme coins are no longer seen merely as high-risk assets. Instead, smart money investors are now viewing them as beta bets on their respective blockchains and the broader market outlook
Prominent crypto experts believe that a meme-heavy portfolio, including large-cap and micro-cap tokens, could deliver outsized returns in the coming crypto bull run.
5 Best Meme Coins To Buy
The Bitcoin price traded as high as $73,500 on Tuesday, poised to hit a new all-time high by October end.
Consequently, crypto investors are gearing up for the fabled ‘golden bull run’ in November, with meme tokens making up a significant portion of their portfolio.
For instance, Dogecoin and Popcat are already showing considerable bullish strength, while Pepe is on the cusp of a breakout. Meanwhile, new meme coins like Moo Deng and Pepe Unchained are also in high demand, especially among investors hunting for anywhere between 20x to 100x returns.
In this article, we list the 5 best meme coins to buy for the November bull run.
Dogecoin (DOGE)
Meme coin investors are gearing up for a massive Dogecoin bull rally.
The DOGE price is already up by over 40% in the past month, trading as high as $0.18 on Tuesday.
Now, all eyes are on the key $0.20 resistance. A sustained close above it could spark a parabolic rally, potentially to new all-time highs.
History hints that November could spark a parabolic bull run for #Dogecoin $DOGE! Keep an eye out for a sustained close above $0.20. pic.twitter.com/8NOLo6Jjoh
— Ali (@ali_charts) October 30, 2024
Popular crypto trader Bluntz is also bullish on Dogecoin’s prospects. Using Elliot Wave Theory, he projects that the meme coin market leader could see an impulsive wave to $0.40 in the coming weeks.
The impact of a Donald Trump victory next Tuesday also can’t be understated. Elon Musk has emerged as one of the key supporters of the former President and is expected to play a key role in his administration.
Consequently, a Trump win on November 5th could be what sparks the aforementioned parabolic Dogecoin rally.
Popcat (POPCAT)
It is rare for a meme coin to have a $1.65 billion market capitalization and yet experts believe that it is still in its accumulation phase.
Popcat appears poised to flip Dogwifhat to become the largest meme coin on Solana, considering it has been underperforming WIF for the past few months.
Experts believe that the bullish momentum isn’t slowing down anytime soon.
Popular swing trader – UNKNOWN TRADER (@Learnernoearner) has opened a long trade on POPCAT, with price targets of $1.744, $1.945 and $2.24.
Prominent meme coin enthusiast Murad Mehmudov is even more bullish on the Solana meme coin. He highlights that the token is breaking out above the Rising Diagonal Resistance, which could result in an upside move to $5.
$POPCAT is breaking out above Rising Diagonal Resistance. This is very bullish.
Velocity is increasing.
Acceleration to $5+ soon, imo. pic.twitter.com/lOeAomHpSu
— Murad 
(@MustStopMurad) October 29, 2024
Pepe (PEPE)
Pepe has remained largely range-bound since hitting its all-time high earlier this year in May.
After all, experts view PEPE as a beta bet on Ethereum, which has outperformed both Bitcoin and Solana during this bull cycle. However, this also means that the token price is highly undervalued, which makes it one of the best meme coins to buy for the November bull run.
Indeed, the Pepe price is currently trading at $0.0000098, nearly 40% below its all-time high.
All eyes are on a sustained close above the 200 Simple Moving Average in the 4-hour timeframe, which would trigger a push towards new all-time highs.
Prominent experts remain extremely bullish on the PEPE’s long-term prospects, with some even expecting a 5x upside move in the coming bull run.
$PEPE will do at least 5x by December 10 pic.twitter.com/HptTaS0nBu
— Chandler ₿ing (@chandlerbingonx) October 28, 2024
Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is the first micro-cap token in our list of best meme coins to buy.
PEPU has been one of the hottest presale tokens in 2024, having already raised over $23.5 million in its Initial Coin Offering.
PEPU has appealed to both whales and retail investors alike. One crypto whale purchased $200k worth of the meme coin in a single transaction.
Meanwhile, retail investors are impressed with its Layer-2 ecosystem, which is soon set to offer extremely low trading costs and instant transactions. Moreover, its native staking protocol allows early presale buyers to stake their coins and earn attractive passive income, currently at an APY of 99%.
Unsurprisingly, prominent crypto influencers are bullish on PEPU’s prospects, with many eyeing somewhere between 50x to 100x returns from it.
Moo Deng (MOODENG)
Moo Deng rounds up our best meme tokens list. It is also the second low-cap meme coin which could deliver outsized returns in the coming weeks.
Inspired by the baby hippo living in a Thai zoo, Moo Deng represents a cultural phenomenon. It is the second meme coin after Dogecoin to feature on the popular late-night show, Saturday Night Live.
More importantly, it now has the support of the world’s leading crypto exchange. Binance Futures listed MOODENG perpetual contracts last week, sending the meme coin price soaring.
And yet, experts believe that it is highly undervalued at its $233 million market cap, especially considering a Binance spot listing could be next.
The information in this article is provided by one of our commercial partners. 18+ only.
