A crypto analyst reveals the best memecoins to buy now
Deutscher recommends Dogwifhat (WIF), another memecoin with high upside. He says “WIF is performing exceptionally well right now,” referring to its market performance. Deutscher suggests watching breakout patterns and technical signs like Pepe to see whether WIF can capitalize on market momentum. He advises watching breakout patterns and technical signs like Pepe.
Memecoin RichQuack (QUACK) is popular in the crypto world for its high-reward potential and hilarious branding. RichQuack uses reflection mechanisms to disperse a part of each transaction to QUACK holders on the Binance Smart Chain to provide passive income. As a community-driven token aiming at "making everyone rich," the project uses the meme-based strategy that has pushed previous tokens. A rising popularity and community participation are making RichQuack a popular speculative asset and a fun method for crypto aficionados to diversify their portfolios.
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Deutscher commends Bonk (BONK) and Floki (FLOKI) for their memecoin consistency. Deutscher says “Bonk continues to be a strong performer,” while FLOKI's 85% gains are driven by market momentum. He says “FLOKI benefits from the flywheel effect and overall market momentum.”
Peanut the Squirrel (PEANUT) has grown 1,800% in nine days. Deutscher credits retail investment and speculative trading for its quick ascent. Peanut's momentum and market interest suggest ongoing expansion. “Peanut exemplifies the explosive potential within memecoin,” he says.
