Best Meme Coins to Buy as Pepe, Bonk Explode

After months of sideways trading, the meme coin sector has suddenly flipped bullish. With a live market cap of $57.9 billion, meme coins have surged by a massive 16.1% in the past 24 hours alone. This unexpected rally coincides with a broader uptick in the overall crypto market, which is also up by 4.66% over the same time frame.

Among the biggest beneficiaries of this revival are two large-cap favorites, Pepe (PEPE) and Bonk (BONK), which have surged 12.3% and 22.2% in the past 24 hours, respectively.

This resurgence in meme coin activity suggests a new wave of interest from both retail and speculative investors. In this article, we analyze three new meme coins, each with unique catalysts that could be worth watching during this explosive market cycle.

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MIND of Pepe (MIND)

MIND of Pepe (MIND) has already raised over $8.1 million through its ongoing presale, making it one of the most successful meme coin launches in recent months. Even before the current meme coin boom, the project was pulling in over $50,000 daily in funding, a figure that speaks volumes about its pre-existing hype.

This excitement is rooted in its unique value proposition. MIND of Pepe combines artificial intelligence with the virality of meme culture. While the token itself is already live, the platform’s upcoming AI agent is expected to be its game-changing utility.

According to the roadmap, the AI agent will autonomously monitor markets, interact with social platforms, and generate exclusive market insights for MIND holders. Crypto analyst ClayBro recently noted that AI remains one of the top growth verticals in crypto. With projections estimating the AI crypto space could hit $10 billion by 2030, he believes MIND of Pepe’s positioning could make it a standout project.

Staking is already available, with investors earning a 274% dynamic APY (annual percentage yield). While nothing is guaranteed, the MIND of Pepe’s blend of AI innovation and meme coin appeal puts it on the radar for speculators looking for the next breakout.

Dogwifhat (WIF)

Dogwifhat (WIF) is a Solana-based meme token featuring a Shiba Inu wearing a pink beanie. With a live market cap of $544 million, it now ranks as the 8th largest meme coin globally.

In the past 24 hours, WIF has surged 25%, with a two-week gain exceeding 62%. This sharp upward movement could indicate the start of a new bull run for the token.

Just days ago, analyst Jonathan Carter highlighted a key resistance at $0.43, suggesting that a breakout could push the token to $0.59 and possibly $0.80. With WIF now trading at $0.54 and holding above its resistance line, traders are watching closely to see if it can build on this momentum.

That said, long-term investors may remain cautious. Despite its recent surge, WIF is still down over 80% from its all-time high of $4.83. Its lack of intrinsic utility remains a concern for some, particularly those seeking fundamentals alongside short-term hype.

Turbo (TURBO) 

Turbo (TURBO) is a meme coin created by artist Rhett Mankind using GPT-4 and just $69 in starting capital. While it has no roadmap or formal utility, it thrives on sheer community energy and the unpredictable power of the internet.

In the last 24 hours alone, TURBO has jumped by 62.3%. Zooming out, it’s up an astonishing 170% in the past two weeks. Analysts point to a breakout from an 80-day falling wedge pattern, a technical formation that preceded a 1,941% price rally in April 2024. This historical setup is giving traders hope that another explosive leg up may be on the cards.

Turbo has also performed well on a long-term scale, up over 6,100% since its initial launch and boasting a 558% increase over the past year. Still, the token trades 71% below its all-time high, reflecting both volatility and potential upside.

TURBO’s ability to deliver staggering gains, despite a complete lack of fundamentals, continues to intrigue risk-on investors looking for meme coins with the power to go viral again.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

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