The Top 10 Memecoins Set to Boom in 2024

The cryptocurrency industry is a dynamic field that periodically introduces new coins to the market. Meme-based cryptocurrencies have seen a significant uptick in popularity because of their strong connection to memes and the current social media crazes. Crypto investors have shown interest in meme currencies despite their unpredictable nature.

Now that 2024 has begun, the bitcoin industry is booming. Furthermore, its potential for huge riches cannot be disputed.

The top ten meme coins for 2024 will be examined in this article. We at Hivelance provide you a peek of what makes each meme currency so special and exciting

Are Meme Coins a benefit to Buy?

Yes of course, 

Meme coins offer an exhilarating ride. While some meme coins see their value soar overnight, others lose value at an unprecedented rate. Let's review some advantages for your consideration:

Social Media and Buzz

The vitality of internet networks is what keeps meme coins alive. Social media comments made regarding the coin have the immediate power to make or ruin it.

Outstanding Growth Prospects

The new breed of cryptocurrencies, known as meme coins, have the potential to skyrocket in value at first. Early investors stand to win a great deal if it becomes popular and gathers pace. Even if this isn't the case for all meme cryptocurrencies, it is a common occurrence.

Creativity

Memes are known for their innovative and daring concepts, technologies, and features that frequently pave the way for new developments in the cryptocurrency world. This is what encourages broad innovation in the bitcoin market as a whole.

Popular meme coins in 2024 

Let we have a deep dive into the popular meme coins one by one, 

1. Dogecoin (DOGE)

As of 2024, Dogecoin is still a popular meme coin, having been around since 2013. For individuals interested in meme coins, it is a dependable option because of its robust community and recent partnerships.It was designed to be a fun digital token that would grab people’s attention, hence its cute shiba inu mascot. 

Despite the fact that it is frequently called a “joke currency”, its enduring success can not be denied. DOGE has increased gradually over the past month. More than 20 indications showing favorable momentum for DOGE suggest that this is a good time to purchase or trade Dogecoin. Industry analysts predict that this meme coin will reach $0.13 by the second quarter of 2024 if these trends continue.

As of now the current price is $0.18 with the market cap of 25.73B. In the last 24 hours (06/03/2024), price of Dogecoin is 6.65%.

2. Bonk (BONK)

The first canine themed meme coin on solana is called Bonk (BONK). To set itself apart from competitors in the mem coin market, the token adopts a “for the people , by the people” philosophy. BONK’s objective is to restore liquidity to solana based decentralized exchange.

Bonk has been trending upward during the past 30 days. In that period it went from being worth $0.00001166 to $0.00001229. If these patterns hold true, a number of experts estimate that BONK might trade at $0.000019 in Q2 of 2024.

As of today, the price of BONK is $0.00002804 with a $544.49 million trading volume. With 65.44T Bonk coins in circulation and a max supply of 93.53T BONK coins over the past 24 hours. 

 3. Floki (FLOKI)

Floki Inu is a meme that revolves around dogs and calls itself “a movement”. Within its vast environment, Floki Inu provides a number of intriguing features. Notably,players of the immersive metaverse game “Valhalla” can produce FLOKI tokens by making avatars. It has evolved into an all-encompassing web3 project and established itself in the DeFi and NFT domains. 

With  a strong performance index and a market capitalization increase from $331 million to $347 million. Floki’s price increased from $0.000034 to $0.000036 in the past few days. Based on these variables, market experts estimate that FLOKI will hit $0.000055 in the second quarter of 2024. 

As of today, FLOKI's price is $0.00013586, and its trading volume is $894.12 million. By market capitalization, FLOKI is ranked 83rd.

4. Pepe (PEPE)

Inspired by the popular "Pepe the Frog" joke, Pepe Coin is a newly launched cryptocurrency. With over 90% of its tokens safely stored in liquidity pools, this project has a 420 trillion token supply in circulation. Even though meme coins carry a high level of risk, Pepe Coin is one token that has gained a lot of traction.

A meme coin on the Ethereum network, Pepe (PEPE) distinguishes itself from rivals by being a deflationary money.Now that this meme coin is trading above its 21-day moving average, the future of the coin is bright.Pepe is expected to trade at $0.000002 by Q2 2024, according to cryptocurrency specialists.

As of now , Pepe's live price is $0.000006 per (PEPE / USD) with a current market cap of $2.51 billion USD.With 420,689.90B in circulation, Pepe is -28.97% over the last 24 hours.

5. Dogwifhat (WIF)

Dogiwifhat is a meme that showcases a lovely Shiba Inu wearing a hat coined after solana. It honors the lighthearted nature of Dogecoin by focusing less on monetary rewards and more on building its community through entertaining meme competitions and charitable endeavors. 

Dogwifhat’s price increased significantly from $0.33 to $0.40 in the past few days. The market cap increased significantly during this time, from $333 million to $407 million, in tandem with the price growth. With over 11 technical indicators flashing buy signals, Dogwifhat may reach $0.49 by Q2 of 2024. 

As of now ,With a 24-hour trading volume of $884.09 M, dogwifhat's price is currently $1.36. Over the past hours, $WIF has increased by +3.24%.
6. Myro (MYRO)

The acronym of the Solana meme coin Myro (MYRO) comes from the creator’s dog. Raj gokal. With features like automated buying , selling, and staking , the token is becoming more and more well-liked for its assortment of features that keep users occupied and engaged with the community. 

According to technical analysis, MYRO is trading above its 21-day moving average, indicating  strong buy indications.Assuming this trend persists, market experts project prices to reach $0.080 by Q2 2024. 

Currently trading at $0.283953, $MYRO has $55.96 million in 24-hour trading volume. By market cap, $MYRO is ranked 238.

7. KangaMoon 

The innovative cryptocurrency KangaMoon(KANG) has distinguished itself from the competition. KangaMoon is defying the trend of meme currencies being less valuable by implementing play to earn (P2E) and social-fi capabilities. Users of the future P2E game will be able to purchase in-game items and character upgrades with their KANG tokens. 

Market analysts forecast a 1,000% price spike for this meme coin behemoth as soon as it is published on an exchange in Q2 2024. KangaMoon may have the same kind of popularity as Dogecoin as more people become aware of its special qualities.

Given that KangaMoon is in one of the DeFi areas with the quickest rate of growth, experts predict that its value will increase by 100 times upon launch. It's worth has already climbed by 50% during its presale. Because of this, KangaMoon has a lot of potential and is very well-liked by meme coin specialists.

8. Shiba Inu (SHIB)

One of the giants of meme coins, Shiba Inu (SHIB), has borrowed heavily from Dogecoin. The 2020 release of the meme coin, which was designed to resemble the Shiba Inu dog breed, gained a lot of traction among the cryptocurrency community.

Over the course of the last month, Shiba Inu's price has increased, rising from $0.0000090 to $0.000009734. An additional rise to $0.000016 for Shiba Inu is anticipated by analysts in Q2 2024, with more than 20 technical indicators in the green.

With a current market valuation of $22.58 billion USD, the live price of Shiba Inu is $0.000038 per (SHIB / USD). USD 12.60 billion is traded in a day. The SHIB to USD exchange rate is updated instantly. With 589,289.41B in circulation, Shiba Inu has decreased by -1.45% over the past 24 hours.

9. Scotty the AI

A revolutionary crypto project called Scotty the AI ($SCOTTY) combines blockchain technology with cutting-edge AI. With an emphasis on fraud detection and preserving the integrity of blockchain transactions, it seeks to be the "Guardian of the Crypto Universe."

The technology effectively detects and neutralizes suspicious or fraudulent actions by analyzing complex blockchain data using sophisticated AI algorithms.The native token of Scotty the AI, $SCOTTY, which is presently for sale during the project's presale, is at its core. In order to maintain the token's value throughout time, its fixed supply of 1,734,567,890 has not been increased.

There are little more than 1.7 billion SCOTTY tokens in total, of which 30% are set aside for the ICO and the remaining 70% are used for staking, development, exchange listings, and marketing initiatives. The development team behind Scotty the AI is already planning for the next stage of the project: listing on exchanges—as the ICO moves forward.

10. CorgiAI

On the Cronos blockchain, CorgiAI is a special meme coin that combines cutting-edge artificial intelligence technology with the lighthearted vibe of meme coins. It seeks to facilitate a range of AI-related endeavors, such as the production and exchange of AI-driven artworks and NFTs, and to operate as a job board for AI-related activities.

CorgiAI, which has a market valuation of $659 million and a total supply of 500 billion tokens, places a strong emphasis on innovation and community involvement in the rapidly expanding field of artificial intelligence.

Others popular Meme coins in 2024 

• Smog
• Spongev2
• Meme Kombat 
• Doge uprising 
• Poodl inu
• Putin
• Solama 

Wrapping-up

Thus , Meme coins come with a lot of hazards, mostly because of their association with hype, social media, and intrinsic volatility. Memes such as Dogecoin, Shiba Inu, Pepe, Floki, and Bonk have become popular by 2024 and are attracting the attention of devoted communities. However, before making any decisions with meme coins, it is still necessary to do extensive study and understand the potential dangers and rewards.