Trading memecoins is fast becoming an investment strategy for many in the crypto space. While many individuals chase massive profits of 100x+, some others don’t mind a simple 2x or 10x.
In this article, we are going to share with you the top memecoins with the potential to 50X your investment. Trading memecoins can be risky, but a general guide to buying the right memecoin is finding one with a strong, dedicated community, and importantly, early enough.
There is also the option of buying an already established memecoin during a price dip, as those have a good chance of going back up due to high liquidity and community backing. Below, we have listed the top memecoins for you to consider buying this month.
1. Dogecoin
Being the foremost memecoin, Dogecoin has inarguably the strongest community of supporters. Boasting of endorsements from prominent personalities such as Elon Musk and Snoop Dogg, $DOGE has shown itself as a force to be reckoned with and a worthy investment for potential buyers. Dogecoin launched in December 2013 at a market cap of $5 million and a price of $0.000294 per token.
Within only two weeks of its launch, $DOGE experienced a price surge of over 1000%. Its current market cap sits at $15 billion with a 24-hour volume of $700 million, ranking number 9 on the cryptocurrency market.
If you are interested in investing in a memecoin with a robust and steadfast community and significant market presence, $DOGE is one to consider.
2. Notcoin
With its launch in early 2024, Notcoin brought a new narrative into the cryptocurrency world with its tap-to-earn airdrop approach. Notcoin was the first memecoin launched on the TON blockchain and it surely gave the right first impression.
Starting as a minigame on the Telegram app, Notcoin has quickly grown to become one of the leading memecoins, setting a precedent that other TON memecoins strive to meet up to.
Notcoin successfully onboarded millions of individuals onto TON, having over 35 million users and approximately 6 million daily active users, a testament to its widespread popularity and influence. Many users also expressed satisfaction with the airdrop allocation, which further fortified the community.
At launch, $NOT was an instant hit, its market capitalization growing to $1 billion+ within only 10 minutes and its price pumping by over 50% in 24 hours. At the time of writing, Notcoin is down ~8% at a market cap of $800 million, a good time to buy the dip.
Anyone looking to add a new token to their collection could consider purchasing some $NOT, as it is sure to do an impressive surge in the upcoming bull market.
3. Pepe Unchained
Recently smashing $10 million+ in presale, Pepe Unchained has shown great likelihood to be among the major players in the memecoin realm.
Pepe Unchained is a layer 2 memecoin built on the Ethereum blockchain. Its main objectives are: lower transaction fees, instant bridging between ETH and PEPE, double staking rewards, and faster transaction speeds compared to the original PEPE.
$PEPU undoubtedly has great potential and is one of the top presale memecoins to buy right now at the price of $0.009 per token and staking rewards with an attractive APY of 185%. Who doesn’t love a memecoin with some utility?
Tokenomics:
With a total token supply of 8 billion, $PEPU has been allocated as follows: 20% presale allocation. 30% allocation to staking rewards; this indicates that Pepe Unchained intends to heavily incentivize $PEPU stakers. 20% allocation to marketing. 10% liquidity allocation. 10% to project financing. 10% to chain inventory.
4. DOGE2014
DOGE2014 is an ERC20 token created in commemoration of Dogecoin’s ten year anniversary. It aims to promote Dogecoin’s outstanding legacy and provide an avenue to onboard more individuals onto DOGE.
Its presale price was consciously set to 0.000294, which was Dogecoin’s listing price at its launch. DOGE2014 intends to list at a price of 0.000348, which translates to a profit of 18.4% for early investors at launch.
Tokenomics:
DOGE2014 has a total token supply of 100 billion tokens, with 60% of the supply being allocated to presale buyers. This provides many individuals with the opportunity to invest at the legendary nostalgic price of the original $DOGE and stand a chance to join the club early and make profit.
A dazzling 25% of the token supply has been set aside to reward holders who choose to stake their tokens. 10% liquidity allocation. 5% marketing allocation.
DOGE2014 has shown a clear dedication to rewarding their loyal community by providing handsome allocations, secure staking, seamless wallet integration, and substantial rewards and bonuses—a trait worthy of emulation by other cryptocurrency projects.
Conclusion
Cryptocurrency, and more specifically, memecoins, can be a very speculative investment. This often discourages individuals from partaking in the market due to the valid fear of dishonest developers, rug pulls and scams.
If you choose to invest in memecoins, ensure to do your own research, develop a trading strategy, and spend some time studying the project—its strengths and weaknesses.
Taking the necessary precautions before purchasing a memecoin is sure to greatly reduce the chances of falling victim to rug pulls, and scams.
Disclaimer: This article contains all the key facts you need to know about the listed projects. If you make the decision to purchase any of the above tokens, do well to take the appropriate steps and avoid invest blindly.
On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence
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