TOP MEME COIN TO BUY AND HOLD 2024
1. Shiba Inu (SHIB) To Experience A Repeat of 2021?
Shiba Inu (SHIB), the second-largest meme coin by market cap, rose to prominence in 2021, riding on the success of Dogecoin. The Ethereum-based meme coin has expanded its ecosystem over the years, launching a layer-2 blockchain, Shibarium, a decentralized exchange, ShibaSwap, and a metaverse platform.
At the moment, the team is working to launch an auto-burn mechanism that will reduce its token supply, which is running into trillions.
2. Dogecoin (DOGE) Remains the Pacesetter
Dogecoin (DOGE), the largest meme coin by market cap and one of the top 15 cryptos, rose to stardom in 2021 thanks to support from its vibrant community and support from Twitter billionaire Elon Musk.
While its price movement has been bearish in the past month, the community continues to remain bullish on a price resurgence.
3. Pepe coin (PEPE), The Frog-themed Meme Coin
Pepe coin (PEPE) is a frog-themed meme coin that mirrored the success of Dogecoin, soaring to a market cap of $1 billion in less than a month. This was something that took Dogecoin 4 years to achieve. The surprising part is that Pepe depended on hype to hit this milestone with no actual utility.
As a result, investors are left wondering how the meme token would reach if the utility was added to its resume. Also, its X community continues to grow amid its notable price fluctuations.
4. Floki (FLOKI) Expands Into Multiple Markets
Floki (FLOKI), known as the people’s crypto, jumped from being just a meme coin depending on hype to building a comprehensive ecosystem. The team is divided into various projects like DeFi, NFTs, and the metaverse, adding more utility to the platform.
While Floki Inu’s price movement has been in the past month, the community is still hoping for a major turnaround in the coming months.
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