2024 has really been a banner year for crypto, and if anything, the last couple of weeks show that. Because even the bearish conditions are not that bad and do not last too long. The crypto market cap is up over 7%, as it looks like many tokens are poised to bounce back. Yet again, meme coins lead the way.
However, this might seem a little unfair as they do not really have anything to bounce back from as many seemed to be immune to bearish conditions. DogWifHat (WIF), and Pepe Coin (PEPE) are both up over 26% over the last seven days and even Dogecoin (DOGE), which has been struggling lately, is up 15% in the same period.
Despite these nice performances, we actually think there are some better investment options in the meme coin market right now. These are presale coins or recently launched tokens that have low market caps but could pick up a huge head of steam soon and provide a great ROI. They are as follows:
- Dogeverse (DOGEVERSE)
- Sealana ($SEAL)
- WienerAI ($WAI)
- SpongeV2 ($SPONGEV2)
- Pikamoon (PIKA)
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What you'll learn 👉
Dogeverse- This coin could eventually challenge Dogecoin for meme coin superiority
We understand the heading above is quite a big claim but there is enough evidence lately that a Dogecoin alternative could eventually steal the crown from the original meme coin. Dogeverse (DOGEVERSE) has so far given the market strong indications it could be a big player in the meme coin market once its listings begin.
The presale is where we will start first. Despite only being launched a little over a month ago the presale has already raised over $13 million. Investors are clearly giving this meme coin the vote of confidence via their investment. The coin itself is a unique project that has Cosmo the space dog at the center of it. Cosmo was born with the unique ability to jump from chain to chain.
Being a multi-chain token is a way of looking toward the future. If 2024 has taught us anything it is that even networks aren’t safe from crypto’s volatility. The chains targeted by $DOGVERSE are a mixture of Layer 1s like Ethereum, Avalanche, Solana, and BNB Smart Chain, alongside Layer 2s such as Polygon and Base. Dogeverse has set itself up to be completely versatile for whatever the future throws up.
Sealana- The next big Solana meme coin might be this patriotic seal
We mentioned above how Solana has overtaken Ethereum as the most popular network. CoinGecko actually undertook a survey that shows the huge gap between the networks now. A lot of Solana’s success comes from the meme coins it has been producing like DogWifhat (WIF) and Slerf Token (SLERF). We think Sealana ($SEAL) is next up when it comes to huge gains.
The depth of the meme behind Sealana is something we can really get behind. Its origins come from a South Park episode called ‘Make Love, not Warcraft’. In the episode, the boys get very frustrated as their World of Warcraft characters keep getting killed by another player in the game. The joke is the guy controlling this character must have no life at all to have gotten his character this powerful.
We know that meme coin enthusiasts love a joke but they go wild for a self-deprecating one. Sealana is the South Park character turned into a seal. Instead of playing World of Warcraft, however, he is trading crypto in his mom’s basement and he is also very patriotic. This is a playful dig at the negative stereotype sometimes leveled at crypto lovers. We think investors will love this and get behind Sealana.
WienerAI- The AI and Weiner dog combo that is ready to take over the market.
We cannot fully know how a token will do once its listings begin but a good presale is a really strong indicator of good things to come. WienerAi ($WAI) has just kicked things off but already has surpassed $1.1 million earned. We think it’s because of the original way it has used AI in its project.
Smart meme coin creators know combining two string trends will help with its path to success. AI meme coins have been very popular. Most projects use AI to add utility to the meme coin. WienerAI has instead used it to strengthen the story of the origins of the meme.
The story begins in 2132. The world has changed a lot and we are with a mad scientist who is based in New Silicon Valley. The scientist is about to undertake his greatest experiment by mixing together AI and Pup, two integral components of the crypto-verse. However, as he begins he drops a sausage into the mix and we end up with WiernerAI. We think investors will love the unique story behind this token.
Sponge V2- A token that should be able to build on the huge success of its first version
The folks behind Sponge V2 ($SPONGEV2) have found a very innovative way to launch their new meme coin. Sponge V2 is the second coin from the ecosystem that brought you Sponge Token ($SPONGE). Instead of having the tokens compete against each other, they have used a stake-to-bridge system that allows both coins to be successful.
How it works is investors who wish to purchase Sponge V2 must first purchase and stake Sponge Token. When they do so an equivalent amount of $SPONGEV2 is purchased and locked away. Once the total allocation of $SPONGE is sold out then Sponge V2 will launch and investors will be able to claim their $SPONGEV2 tokens as well as their staking rewards.
It is worth reminding readers how successful Sponge Token was. Despite bearish conditions in 2023 that threatened the meme coin market as a whole, SPonge Token still pumped by over 300% and crucially grew a huge online following that helped keep investors interested in the sector. Sponge V2 will add a P2E game to the mix that should help it recreate this success and then some.
Pikamoon- This recently launched P2E crossover could soon be huge
The last coin on our list is a P2E/meme coin crossover that was recently launched. When it comes to P2E games we think it has all the ingredients to be successful. Pikamoon (PIKA) takes inspiration from the traditional gaming greats; Pokemon. It just adds some blockchain twists.
Players will be able to explore four different in-game worlds that exist in the Pikaverse. On their travels, they will be able to battle other players, collect in-game characters, and earn PIKA. They even get the chance to mint their own NFT right at the start of the game. We think this could bring in some new players to the blockchain gaming world.
Conclusion
So there you have it, the meme coin market remains strong in 2024 no matter what the conditions. Investors still need to stay informed, however, because even though coins like DogWifHat, Pepe Coin, and Dogecoin are pumping, we think the presale coins we have discussed above will all be bigger gainers once their respective listings begin.
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
