Memecoins will surely produce 100x coins;
Is the meme craze back?
Yes, you read that right!
Memecoins continue to attract the attention of traders on Binance, the world's largest cryptocurrency exchange. As of July 9, 2024, almost half of the top ten cryptocurrencies with the highest 24-hour trading volume on Binance are memecoins.
PEPE (PEPE): The frog-themed token has a 24-hour trading volume of $976.96 million and a sharp price increase of 6.77%.
Following closely behind is the original meme coin Dogecoin (DOGE), which occupies the second position. DOGE's 24-hour trading volume reached $727.36 million, and despite a slight price increase of 2.89%, DOGE still maintains a considerable market value of $24.88 billion.
NOT (NOT’s 24-hour trading volume is $651 million) As the native token in the Telegram ecosystem, Notcoin has seen rapid growth thanks to the large user base of Telegram and its Ton blockchain.
WIF (WIF): Solana-based meme coin WIF [Dogwifhat] has a 24-hour trading volume of $539.17 million. WIF’s price has risen sharply by 22.18%. Considering that it is one of the two best performing large-cap cryptocurrencies in 2024, it is not surprising that the coin appears on the list. In just less than four months, WIF has helped investors multiply their investments and created millionaires.
BONK (BONK): BONK’s 24-hour trading volume is $518.56 million and its price has also risen sharply by 8.04%. Solana’s dog-inspired token took the meme coin world by storm last year when it became the third-largest meme coin with a staggering $727 million market cap. Since then, the token has climbed the ranks of notable meme coins and currently has a market cap of over $1.7 billion.
Despite the inherent volatility of meme coins and the hype surrounding the internet, their presence on this list reflects the continued enthusiasm for these cryptocurrencies. While some view meme coins as purely speculative investments with limited real-world use cases, others see them as a potential entry point for novice investors into the cryptocurrency market.
What you earn in the cryptocurrency world by luck will eventually be returned to the market by strength;
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