TLDR:
- Meme coins have outperformed the crypto market over the past few weeks, and a top crypto trader has said that the trend will continue.
- Andrew Kang, a top crypto trader, has said that meme coins could soar by up 5-100x in this bull cycle.
- Among the top meme coins to buy are Dogecoin, Bonk, and NuggetRush
A popular crypto trader and the co-founder of crypto-focused VC firm Mechanism Capital, Andrew Kang, crypto has predicted that meme coins will outperform the crypto market in the 2024 bull cycle.
While he predicted that the likes of Ethereum will see gains of 50%, meme coins are the best cryptos to buy, with gains of 5-100x. Dogecoin, Bonk, and NuggetRush are some of the best picks for investors to HODL for this bull market.
What you'll learn 👉
NuggetRush (NUGX) Poised for a 50x Price Surge
NuggetRush (NUGX) is one of the top crypto coins set for a massive breakout in 2024. This new play-to-earn (P2E) meme game is designed to bring excitement to the GameFi sector and utility to the meme coin space.
The NuggetRush game is set in an immersive virtual world where players will take on the roles of miners in search of gold and other precious metals. NuggetRush makes it even more interesting, as players can convert their rewards into real cash and gold.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +The game was also built to extend its impact into the real world. In addition to players, NuggetRush will reward artisanal miners in underdeveloped countries with a portion of its profit. This objective has resonated with the crypto community, who have helped NuggetRush raise over $2.6 million.
Because of its dual utility and earning potential, NUGX has become one of the hottest prospects in the market. Over 208 million of the ERC20 coins have been snapped up in the past few weeks. Despite its already impressive 90% price increase to trade at $0.019, crypto experts have forecasted a 50x price pump, making NUGX one of the top altcoins to buy.
Dogecoin (DOGE) Begins Big Rally, Set for Massive Increase
While Solana meme coins have dominated the market in the past few months, Dogecoin (DOGE) is only beginning its uptrend. In the past week, Dogecoin has doubled its price, crossing the $0.1700 resistance level.
The recent price rise comes amidst an increase in accumulation from Dogecoin whales. As per data from Messari, the number of DOGE addresses holding more than 100,000 DOGE tokens has increased by 0.7%, nearing its all-time high (ATH).
Whales are expecting a price increase as the Dogecoin moon mission approaches. In addition, support from Elon Musk and potential integration into X continue to increase the FOMO around the meme coin. Crypto experts believe DOGE has a shot at hitting $1.00 in 2024.
Bonk (BONK) Sets New All-Time High, Could Surge Higher
Bonk (BONK), the number one meme coin on the Solana network, has reignited the bullish momentum it showed in 2023. In the past week, the price of Bonk has increased by more than 220% to set a new ATH above $0.0000400.
While Bonk has been on an uptrend, it looks to extend its gains in the coming week. With the meme coin space gaining popularity on Solana thanks to Bonk, it looks to be one of the meme coins that could soar by 5-10x in 2024.
Closing Thoughts
Amidst the rising price of meme coins, Andrew Kang has reaffirmed the growing belief around Stock memecoins. NuggetRush, Bonk, and Dogecoin have emerged as the best choices for investors looking to gain significant returns from the meme market in the coming months.
Visit the NuggetRush Presale Website
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough 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 crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
