The Bitcoin crash below $57,000 has sent the entire crypto market into the red, but as always, meme coins have suffered the brunt of it. These meme coins, which have no underlying utility and are driven by pure sentiment and speculation, are incredibly volatile. However, just as they have the propensity to fall sharply, they are more likely to see larger gains when the market begins to recover. So, here are the promising meme coins under $70 million that could be a great buy during the crash.
WOJAK Joins Promising Meme Coins
WOJAK is one of the coins that popped up to leverage the PEPE hype back in 2023. However, where most failed, the WOJAK meme coin was preserved, creating its own fair share of crypto millionaires in the process. Since then, though, the meme coin’s price has fallen with the decline in meme coin participation, leading to an over 76% decline from its all-time high.
Related Reading: Dogecoin Forms ‘Second Low’ That Could Trigger 4,000% Rally Above $4
Nevertheless, the WOJAK coin market cap being below $70 million following the crypto market crash could be good news. It has opened up the possibility for investors to get into the coin at a lower price, thus increasing the profit margins in the event of a rally.
Additionally, the WOJAK coin closely mirrors the price movements of PEPE, which is currently one of the largest meme coins in the market. In this case, it is safe to assume that the better the PEPE price performs, the better the WOJAK price will do.
Neiro On ETH (NEIRO)
Neiro On ETH (NEIRO) is one of the newer meme coins to hit the market that has done well so far in 2024. The meme coin was created after the owner of the legendary Dogecoin’s Kabosu got a new Shiba Inu dog named Nero.