The market capitalization of meme coins has risen to $43,491,633,623, as demand for meme coins based cryptocurrencies has increased in recent months. This has accelerated the launch of new and advanced meme currencies, which provide superior features and resources for profit. The fear and greed index revealed a move in market sentiment to greed, pushing the value of all cryptocurrencies higher. Bitcoin aims for an all-time high, while Ethereum is celebrating its rebound to $3,000.
The crypto market is still volatile and unpredictable. However, before it achieves its full potential, check out these five must-buy meme currencies with high-profit margins.
Shiba Inu
Shiba Inu is an excellent meme coin to invest in, as the token has performed admirably throughout the years. Shiba Inu, following its 2021 bull run performance, is likewise on the right track, having recovered significantly this year. Shiba Inu’s price is currently $0.00002408, down 2.76% in the last 24 hours. Purchasing Shiba Inu at such a low price can result in gains once the market rebounds and prices rise.
PEPE
PEPE is undoubtedly the meme currency for 2024. It has been climbing for months, generating gains for its investors. PEPE recently reached an all-time high of $0.00001156 and is currently experiencing a pullback. PEPE is trading at $0.000009407, hoping to recover from yesterday’s drop. PEPE is the must-buy meme coin for investors, having delivered consistent growth since its inception.
FLOKI
FLOKI’s value is rapidly rising, which increases demand for this meme coin. At the time of writing, the FLOKI Inu price has risen 40% in a month, reaching $0.0001975. It is now 45% lower than its all-time high of $0.0003437. This dog-themed meme coin is at its peak performance following its 2021 rise, and the price is down from yesterday, providing an excellent opportunity for short-term gains.
BONK
BONK is currently the most popular Solana meme coin, with rising demand since the beginning of the year. It is trading at $0.00002518, down 7% in the last 24 hours, making now an excellent time to buy. Overall, BONK has performed well this month, up 67%. Furthermore, BONK can reach a high of $0.00004704, as it did in March.
SLERF
SLERF garnered popularity at its introduction in March but has since faded. Overall, its price has decreased 23% in a month, but it is currently striving to recover. It is currently trading at $0.3034, making SLERF the meme coin with the highest potential, having previously reached a high of $1.37.
