With the rise of meme coins and Shiba Inu's lead, investors are focusing on the next big returns 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, with an increase of 45% this week, showing 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 performed well. Bitcoin broke the $81,000 barrier for the first time, leading the market.
However, traders believe that SHIB's upward trend is just beginning.
Currently, SHIB's trading price 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 larger events.
Harmonic Patterns analysts expect returns to reach 4 times. They note that this is a 'crab pattern' with an upward target of $0.00011.
Similarly, Nology believes SHIB will experience months of gains and surge to $0.00009 in early 2025.
This is consistent with historical price data of the cryptocurrency market, which typically shows bullish periods in the fourth and first quarters.
It is worth noting that 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 it's not just Shiba Inu that's heating up today. The entire meme coin market is booming, with Bitcoin breaking $80,000 for the first time, driving this trend.
Currently, BTC's trading price is $809,000, having peaked at $818,000 earlier on Monday.
Meanwhile, the meme coin market is just one step away from reaching an all-time high.
According to CoinMarketCap, the current valuation of the sector is $87.5 billion, peaking at $89.5 billion.
Which meme coins will explode next?
Given that experts believe the cryptocurrency bull market still has nearly a year before it ends, this indicates that the performance of meme coins in the last cycle will be surpassed by this cycle's performance.
Will these be the next tokens to gain huge returns?
Flockerz
Flockerz is an innovative meme coin with a voting-based 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 user incentives with the project's success, ensuring long-term growth.
By rewarding community members and allowing them to control the future of the project, Flockerz has unparalleled appeal.
In the fiercely competitive world of meme coins, this advantage should not be overlooked.
FLOCK holders can also stake their tokens to earn more rewards. Staking can provide an annualized return of 1,210%, but this yield will decrease over time.
Flockerz is currently in presale, having raised $1.4 million. The current price is $0.005981, but it may rise within a day.
Crypto All-Stars
Crypto All-Stars has also broken 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 aligned with industry trends.
Staking rewards will depend on the number of STARS held by users, thus incentivizing members of all top meme coin communities to invest as much as possible.
As the meme coin bull market continues, investors will look for ways to increase profits—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.
