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Memecoin have the potential to become market giants in the coming months.
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Dive into the exciting world of meme coins! Here are five Binance-listed meme coins under $1 that have the potential for a significant bull run in 2024.
We'll provide key project information, current rates, and predicted price trajectories for each.
1. Dogecoin (DOGE)
Dogecoin, I think everyone knows about the #Dogecoin because of Elon Musk and originally created as a joke, has grown into one of the most popular and widely recognized cryptocurrencies. It benefits from a strong community and high-profile endorsements.
Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Dogecoin reached its highest price on May 8, 2021 when it was trading at its all-time high of $ 0.738595, while Dogecoin's lowest price was recorded on May 7, 2015 when it was trading at its all-time low of $ 0.00008547.
The lowest price since it's ATH was $ 0.049701 (cycle low). The highest DOGE price since the last cycle low was $ 0.227362 (cycle high).
The Dogecoin price prediction sentiment is currently bullish, while Fear & Greed Index is showing upward trends.
Current Rate: $0.15
Total supply: 144.33B DOGE
Market Cap: $22.02 Billion
Sentiment: Bullish
Predicted Price Trajectory: Analysts predict that if market sentiment remains positive and the community continues to grow, $DOGE could reach in the next bull run:
Target 1: $0.25
Target 2: $0.35
Target 3: $0.40 +
Dogecoin price has increased by 105% in the last 1 year
Dogecoin is currently ranked #2 in the Proof-of-Work Coins sector, ranked #1 in the Meme Coins sector and ranked #7 in the Layer 1 sector.
Risk Analysis (Coincodex)
Outperformed by Bitcoin
Only 11 green days in the last 30 days (37%)
Down -79% from all-time high
Yearly inflation rate is 3.56%
2. Shiba Inu (SHIB)
Shiba Inu positions itself as the "DOGE killer" and has created a robust ecosystem with projects like ShibaSwap (a decentralized exchange) and various community initiatives. It leverages strong social media engagement.
Shiba reached its highest price on Oct 10, 2021 when it was trading at its all-time high of $ 0.000068395, while Shiba's lowest price was recorded on Sep 29, 2023 when it was trading at its all-time low of $ 0.0000000003101.
The Shiba price prediction sentiment is currently neutral, while Fear & Greed Index is showing upward movements.
Current Rate: $0.000024
Total supply: 589.27T SHIB
Market Cap: $14.67 Billion
Sentiment: Bullish
Predicted Price Trajectory: With continuous development and increasing use cases, SHIB could potentially reach:
Target 1: $0.000029
Target 2: $0.000031
Target 3: $0.000035 +
Shiba's current circulating supply is 1,000.00T SHIBA out of max supply of 1,000.00T SHIBA. In terms of market cap, Shiba is currently ranked #3116 in the Ethereum (ERC20) Tokens sector.
Risk Analysis
Down -72% from all-time high
Not trading on any trusted exchanges
Not trading with any fiat currencies
3. Pepe Coin (PEPE)
PEPE Coin is a relatively new meme coin that taps into the cultural phenomenon of the Pepe the Frog meme. It aims to capitalize on the meme's widespread recognition and community-driven growth.
PEPE has outperformed the other top dog-based cryptos in the market, and with deep research and price analysis, investing in it could be profitable.
The technicals continues to remain within the bullish range, suggesting the upswing could reach new highs in the coming days
Pepe Coin reached its highest price on May 15, 2024 when it was trading at its all-time high of $ 0.00001154, while Pepe Coin's lowest price was recorded on Apr 14, 2023 when it was trading at its all-time low of $ 0.0₁₀1057.
The lowest price since it's ATH was $ 0.0₅9663 (cycle low). The highest PEPE price since the last cycle low was $ 0.00001041 (cycle high). The Pepe Coin price prediction sentiment is currently bullish.
Current Rate: $0.000010
Total supply: 420.69T PEPE
Market Cap: $4.29 Billion
Sentiment: Bullish
Predicted Price Trajectory: If PEPE continues to gain traction and community support, it could see its price rise in 2024:
Target 1: $0.000016
Target 2: $0.000020
Target 3: $0.000024 +
Price has increased by 527% in the last 1 year
In terms of market cap, Pepe Coin is currently ranked #3 in the Meme Coins sector.
Risk Analysis (Coincodex)
No risks detected for Pepe Coin from our risk checks.
4. Floki Inu (FLOKI)
Named after Elon Musk's dog, Floki Inu has gained popularity through its strong community and aggressive marketing campaigns. The project also focuses on developing a comprehensive ecosystem, including NFT and gaming ventures.
Floki Inu reached its highest price on Nov 4, 2021 when it was trading at its all-time high of $ 0.000342, while Floki Inu's lowest price was recorded on Jul 6, 2021 when it was trading at its all-time low of $ 0.00000009038.
The highest FLOKI price since the last cycle low was $ 0.000312 (cycle high). The Floki Inu price prediction sentiment is currently bullish, while Fear & Greed Index is showing.
Current Rate: $0.00020
Total supply: 9.71T FLOKI
Market Cap: $2.04 Billion
Sentiment: Bullish
Predicted Price Trajectory: With its ongoing developments and marketing, FLOKI could see a price increase in 2024:
Target 1: $0.00027
Target 2: $0.00035
Target 3: $0.00039 +
Floki price has increased by 530% in the last 1 year
In terms of market cap, Floki Inu is currently ranked #1 in the NFT Tokens sector and ranked #5 in the Meme Coins sector.
Risk Analysis (Coincodex)
No risks detected for Pepe Coin from our risk checks.
5. Bonk (BONK)
Bonk is a meme coin inspired by the Bonk meme. It aims to differentiate itself by focusing on community and utility, planning to launch various decentralized applications (dApps) and services.
Bonk reached its highest price on Mar 4, 2024 when it was trading at its all-time high of $ 0.00004516, while Bonk's lowest price was recorded on Oct 12, 2023 when it was trading at its all-time low of $ 0.00000001753.
The lowest price since it's ATH was $ 0.00001260 (cycle low). The highest BONK price since the last cycle low was $ 0.00002934 (cycle high). The Bonk price prediction sentiment is currently bullish, while Fear & Greed Index is showing upward.
Current Rate: $0.000024
Total supply: 93.01T BONK
Market Cap: $ 1.55 Billion
Sentiment: Bullish
Predicted Price Trajectory: With increased adoption and the rollout of planned projects, BONK could be reach in last 2024:
Target 1: $0.000035
Target 2: $0.000040
Target 3: $0.000046 +
Price has increased by 5,594% in the last 1 year
In terms of market cap, Bonk is currently ranked #6 in the Meme Coins sector.
Conclusion
These five meme coins—DOGE, SHIB, PEPE, FLOKI, and BONK—show promising potential for a bull run in 2024. Their current low prices present an attractive entry point for investors, and their strong communities, development plans, and market positions could drive significant gains. Always remember to conduct thorough research and consider the volatility and risks associated with meme coins before investing.
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
