Amid cryptocurrency market growth, meme coins have become a unique sector. Their low prices and great long-term growth potential make them attractive to everyone. In this article, we will explore the five top meme coins under $1 that you should try to purchase in case the meme season ends soon.
The Best Meme Coins To Buy Under $1
– KangaMoon (KANG) – The overall best meme coin to invest in due to its unique utility and community-driven focus.
– Dogecoin (DOGE) – The first-ever meme coin, now in first place in market cap.
– Shiba Inu (SHIB) – One of the hottest meme coins on the market, taking inspiration from DOGE.
– Pepe (PEPE) – Another meme coin to watch as its value has skyrocketed recently.
– Bonk (BONK) – A meme coin making headlines in the market.
Now, let’s examine these meme coins individually and see what their future may hold.
1. KangaMoon (KANG)
Leading the pack is KangaMoon (KANG), a rising presale star in the meme coin space. This presale has already raised over $6.6M and is on pace to reach $8M before May 2024 ends. KangaMoon now boasts over 20,000 registered community members and over 6,000 holders of this meme coin.
KangaMoon has a great vision in terms of dominating the Play-to-Earn (P2E) gaming market. It plans to launch a P2E game with KANG as the primary in-game currency. This meme coin allows you to buy in-game items and access exclusive challenges for more rewards. This strategic move makes KANG stand out from other hype-driven meme coins.
Moreover, KangaMoon implements SocialFi features that prioritize its community and reward its most active members. For example, KangaMoon offers its most active members free KANG tokens before the official launch. Therefore, countless traders are flooding KangaMoon’s social media sites to increase their chances of obtaining this meme coin for free.
Currently, KANG is in the Bonus Stage of its presale with a value of only $0.025 – a 400% increase from its starting price of $0.005. However, analysts predict a 50x jump once a Tier-1 CEX lists it in Q2 of 2024. Given that the P2E gaming market is projected to reach $8856M by 2028, this price prediction seems plausible – making it the best meme coin to buy now.
2. Dogecoin (DOGE)
Our list could not be made without mentioning Dogecoin (DOGE) – the first meme coin. Launched in 2013 as a joke, Dogecoin has climbed up the rankings and reached the number one spot in terms of market cap (among meme coins). CoinMarketCap data shows that the DOGE value soared over 100% over the past 12 months while its market cap reached $21B.
As Tesla recently added the Dogecoin crypto as a payment option, this bullish trend may continue. The technical analysis for this meme coin supports this statement. Notably, Dogecoin is trading above its 100 and 200-day EMAs while boasting 17 green technical indicators. Due to all these reasons, experts foresee Dogecoin reaching a value of $0.17 before Q2 of 2024 ends.
3. Shiba Inu (SHIB)
Next, we have to mention Shiba Inu (SHIB), which came after the success of DOGE. After some time, this meme coin managed to make a name for itself. Now, it has an ecosystem that is growing daily, including DEX, ShibaSwap, and more.
Shiba Inu has been on a tear, with its value rising by 160% in the past year alone. Moreover, Nexo announced that it has listed the Shiba Inu coin. This development is bound to attract more traders to SHIB. As a result, experts predict a rise to $0.000034 within Q2 of 2024. It makes SHIB one of the best meme coins to buy before the meme season ends.
4. Pepe (PEPE)
Another meme coin to watch is Pepe (PEPE). Touted as “the most memeable” meme coin on the market, it has been skyrocketing on the price charts. According to CoinMarketCap data, its value surged nearly 350% over the last 12 months. The Pepe market cap grew from $546M to $3.60B in that time.
The Pepe coin will continue rising as the meme coin space continues heating up. It is trading above its 21 and 50-day EMAs while also having 23 technical indicators in the buy zone. Because of this, market analysts remain bullish for Pepe as they forecast a potential surge to $0.0025 before the end of Q2 2024.
5. Bonk (BONK)
To round up the best meme coins to buy list, we will mention Bonk (BONK). CoinMarketCap data shows that Bonk’s value grew 5,600% in the past year alone. During that period, this meme coin’s market cap surged from $15M to $1.57B.
Recently, the Memecoin Summit was held in Dubai, where many Solana-based meme coins drew attention. One of them was Bonk, which many people have noted as a major meme coin thanks to its possible uses in the Web3 field. As a result, the Bonk crypto may see a surge soon as experts foresee growth to $0.000032 within Q2 of 2024.
Final Thoughts
To wrap up, all of these cryptos may shine in the meme coin space. However, one of them has an advantage – KangaMoon boasts a low market cap of $25M. That means that KANG needs far fewer new funds for its price to surge when compared to Dogecoin, Shiba Inu, Pepe, and Bonk. Therefore, KANG is the best meme coin to invest in below $1.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
– Website: https://Kangamoon.com/
– Join Our Telegram Community: https://t.me/Kangamoonofficial
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