While the meme coin market has surged in the past few months, former US president Donald Trump’s backing of cryptos could push the meme coins further into the bull market. The majority of meme tokens, such as DOGE and Shiba Inu, are used for donations. With the Trump campaign team offering to accept cryptos as a form of donation, the meme coin market is about to witness more adoption.
The latest news has sent the meme coin market into a frenzy, and investors are looking to buy valuable meme coins. After a careful study of the market, KangaMoon, Dogecoin, Pepe, Dogwifhat and Bonk are some of the top meme coins that will surge soon. Elon Musk Tesla has already announced acceptance of DOGE as a form of payment with KANG already surging in presale.
KangaMoon (KANG) Community Members Surge Past 25,000
KangaMoon (KANG) tops the list of the best new meme coins you should invest in today. Although in presale, the Kangamoon project has attracted the interest of many investors who see it as a viable choice. So far, the community is growing beyond the expectations of investors, with over 6,000 presale buyers and 25,000 community sign-ups.
The KangaMoon ecosystem is a unique blend of Play-to-Earn and Social-fi structure. With the P2E feature, users can connect with people worldwide and challenge them in fights to test their skills. Also, users can engage in weekly, monthly, and quarterly challenges and win prizes through the Social-fi structure. Non-gamers can speculate on match outcomes and win rewards.
All these combine to ensure that users have a seamless experience in the ecosystem. There are several incentives for users. Over 250M of the total 1B total supply are mapped out for in-game rewards. That means every challenge is a chance to win, and this victory translates to rewards such as KANG, virtual currency or rare in-game items. Meanwhile, the KANG token is sold for just $0.025.
Early buyers have gotten over 400% ROI as the price moved from $0.0050 to the current price. Some analysts forecast the price to trade at $0.50 in Q3 and $1 by year-end. As such, it will be wise to accumulate the token now. At the current trajectory, KANG is on the path of challenging established meme coins like DOGE and SHIB. This makes it one of the top meme coins on our list.
Dogecoin (DOGE): The Ultimate Memecoin for Secure and Efficient Digital Payments
Dogecoin was designed to accept and send digital payments via the Dogecoin network. It is an open-source peer-to-peer platform launched in 2013. Dogecoin boasts a massive and buoyant community where thousands of members interact.
The ecosystem uses $DOGE for all payments. The DOGE token is accepted by many merchants worldwide as a means of payment. Recently, Elon Musk Tesla announced that it will accept DOGE as a form of payment. Also, $DOGE is used to pay content creators on various social media channels. Some analysts believe that the increasing adoption of DOGE will push the price up.
In the past three months, Dogecoin’s price has increased by over 80%, hitting a new milestone. Some analysts believe that Dogecoin’s price will reach $1 in the coming weeks. With the recent rumors of the Trump campaign accepting cryptos as a means of donation, analysts are projecting DOGE as one of the tokens that will be widely used for the donation. As such, now might be the best time to accumulate the top meme token before the price heads to the moon.
Pepe (PEPE): The Memecoin Platform with Amazing Features
The Pepe (PEPE) token is built on the Ethereum blockchain, one of the widely used blockchains across the crypto market. Pepe is a deflationary meme coin with a token burn feature. Pepe boosts a large community which sees it as a cost-effective way to trade.
There is also a redistribution system in the Pepe ecosystem where a percentage of each transaction is given to holders. This initiative helps foster more participation and rewards long-term investors. The burning mechanism ensures that Pepe tokens are burned from time to time to keep the circulating supply in check.
As one of the under $1 meme coins, Pepe’s price has surged in the past months, with analysts hinging the rally on massive whale activity. It was rumored that a whale purchased over $143B worth of Pepe tokens, fueling speculation that the price will establish support above $0.00001 in the coming weeks. With the Pepe market cap still low, analysts project massive growth in the coming months.
Dogwifhat: A Meme Coin Worth Buying for Its Decentralized Approach
Dogwifhat (WIF) is a dog-themed meme coin that is popular among meme lovers. Although new, the memecoin has received massive support across the meme coin community. The $WIF token doesn’t have actual utility and thrives mainly on hype. However, as a Solana-based meme coin, the increasing adoption of the Solana blockchain has boosted the WIF token’s visibility.
Dogwifhat parades itself as a platform with the objective that no single entity can control it, giving users control over its assets. The community-driven approach and speculative dynamics drive the token price.
Meanwhile, Dogwifhat has maintained its lead as one of the top meme coins with a market cap of over $2B. The Dogwifhat price has also witnessed tremendous growth, moving from $0.34 in February to $4.85 in March which is also its ATH record. Although the market retracement has depleted the token, analysts project a rise to $10 in the coming weeks as the bull market draws closer. With the bull market anticipated, you might want to buy the token now.
Bonk Coin’s Burning Mechanism Makes It a Must-Have Meme Coin
Bonk (BONK) is a popular meme coin that is available on several blockchains. It boasts a unique burning mechanism, which makes the value stable. In the past weeks, over 278B Bonk tokens have been burned which has pushed the price up. In the Bonk ecosystem, you will find BonkSwap, BonkVault, and BonkDex.
These are crucial components that play a huge part in the ecosystem. You can use the $BONK token to participate in DeFi by staking and lending. Also, users can use it for payments within the Solana network. Bonk tokens can be used to buy and sell digital assets in the NFT marketplace in the Solana ecosystem.
Regarding market activity, Bonk is one of the meme coins that has experienced huge growth in the past year. The Bonk price has surged by over 4000% in the year-to-date price metrics. At the same time, the Bonk trading volume and market cap have witnessed increased market activity in the past weeks. Analysts believe that with the increasing adoption of meme coins, Bonk will head to the moon soon.
Final Thoughts
A key political figure like Donald Trump has gotten many crypto investors and experts talking. His view on crypto could change the crypto market dynamics. This change could trigger more rallies for meme coins which are mostly used for donations and gifts. The above coins are some of the best meme tokens to buy now and wait for the speculated bull market.
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