Best Meme Coin to Buy: Analyst Backs Maxi Doge as Terra Luna, Pippin Explode

The market is down today, but some meme coins are up. Not all, but the ones that are – they’re up massively. Sector leaders like Dogecoin and Shiba Inu followed the broader market trend, however – down 5% and 3% respectively today.

But one project that stands out is Terra Luna Classic, once a thriving L1 but now a meme coin and a case study in how not to build a stablecoin. Nonetheless, it soared 117% over the past 24 hours.

Meanwhile, Pippin, a Solana-based meme coin with AI utility, has exploded by 179% this week and a jaw-dropping 980% in the past two weeks. So what’s happening here – why are top meme coins like Dogecoin and Shiba Inu down, while mid-caps are sporadically exploding multiples in a few days?

We’ve identified answers, and we’ve also uncovered a meme coin that some analysts believe will pump next. It’s called Maxi Doge (MAXI), and it’s currently undergoing a presale where it has raised $4.2 million so far. Let’s see what it’s all about.

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Why Are LUNC and Pippin Exploding?

Luna Terra Classic powered the Luna ecosystem before its collapse. But with the blockchain defunct, LUNC is more of a meme and community coin these days. Its rise over the past 24 hours appears shaped by a news event regarding Luna founder Do Kwon, with US prosecutors pursuing the maximum 12-year sentence after Kwon plead guilty to his charges in August.

The reason why LUNC would pump on such news is debatable. Investor Marius Schwarz says it’s “plausable” that Binance founder Changpeng “CZ” Zhao could help pump up the LUNC price, which would allow Do Kwon to pay back investors and avoid or lower his sentence.

Another reason LUNC could be pumping is that CoinDesk’s Ian Allison was seen sporting a LUNC t-shirt while moderating a panel with executives from Mastercard, Ripple, and TON in Dubai on Thursday.

Whatever the case, there are no ecosystem developments pumping this token. It’s a move purely based on vibes. It shows how a unique history and evolving narratives can trigger expotential price gains.

Similarly, Pippin has shown limited fundamental advancements this past two weeks, yet its price has rocketed over 10x. It appears a mix of short liqudiations and renewed mindshare helped fuel the move.

Both Luna Terra Classic and Pippin have reminded us why meme coins are so popular: they can be counted out, forgotten about, and then provide portfolio-transforming gains seemingly out of nowhere. As to what might explode next, some analysts are pointing to Maxi Doge.

Maxi Doge: Dogecoin’s Gym Bro Cousin With Real Utility

What Maxi Doge offers is unique: exposure to the Dogecoin narrative as well as real utility. Its main focus is plans to integrate MAXI into derivatives exchanges, allowing users to trade it with leverage. This opens the project to a broader addressable market and could help fuel demand.

It’ll also run weekly trading competitions with USDT and MAXI rewards on offer, and there’ll be community activation events and a staking mechanism.

The project’s mascott, Maxi the Dog, is a gym bro who trades on 1000x leverage, drinks Red Bull like its water, and thinks stop losses are for “betas.” He’s the degen final boss.

This combination of Dogecoin allure, real utility, and a unique degen-centered narrative is already proving popular. That’s demonstrated by Maxi Doge’s $4.2 million presale raise – as well as predictions from analysts like Allesandro de Crypto, who backed it for 100x gains.

As demonstrated by LUNC and Pippin this week, things can heat up fast when meme coin momentum builds. It remains to be seen if MAXI will replicate this parabola, but it’s showing all the right signs so far.

What’s Next For Maxi Doge?

With the Maxi Doge presale ongoing, investors can currently buy in at a price of $0.0002715. Price increases will occur as the presale progresses – and the next is scheduled for in under one day.

The project’s roadmap has four stages: Wake Up, Launch & Gym, PM Discord Ops, and Evening.

Right now, we’re in the second phase, and the final two involve influencer partnerships, ecosystem development, centralized and decentralized exchange listings and futures trading partnerships. That’s an exciting few months ahead, bolstering the chances of MAXI pumping next.