MemeCore Hits 475% Monthly Gain – Experts Pick 3 Best Altcoins to Buy Next

Proving that a strong combination of memetic appeal and utility can attract significant interest, MemeCore (M) has delivered triple-digit gains since August. However, buying pressure is slowly getting exhausted, resulting in a 4.4% drop today for the now fourth-largest meme coin.

With the broader market showing strength this week, experts believe other utility-driven tokens will soon follow in M’s footsteps. This bullish sentiment is reinforced by the CoinMarketCap Altcoin Season indicator score of 70, which signals that low-cap utility tokens could soon take the spotlight.

As MemeCore’s rally cools down, all eyes are now on three presales that appear ready to achieve explosive debuts. Let’s examine the tokens that leading analysts expect to match or potentially surpass M’s recent gains.

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MemeCore’s Recent Push Made It One of the 50 Largest Cryptos by Market Cap

Skyrocketing from $0.42 on August 17th to $2.415 today, MemeCore is one of crypto’s recent top gainers. Following the massive surge, the token boasts a $2.51 billion market cap, making it the 49th largest cryptocurrency today.

However, the token faced several rejections around the $2.5 resistance level this week, finding support at the $2.41 line. This makes $2.41 a level to watch closely, as dipping below it could signal that sellers are maintaining control.

Losing the support it is currently retesting could set M on a path to $2.31. Traders seem to expect this outcome, as the token’s long/short ratio of 0.51 suggests. It underscores that every two in three traders are holding short M positions in anticipation of a short-term dip.

In response, MemeCore is preparing to introduce a buyback program to its ecosystem, which could help drive its token’s value. The program is set to debut alongside the Meme Perp DEX, which will use 80% of its fees to fuel the buybacks.

With M at the forefront of its growing “Meme 2.0” Layer 1 ecosystem, this could help it rebound following the downturn. However, MemeCore’s relatively low daily user count tempers expectations, as it may not have a large enough impact to help M achieve tremendous gains again.

That’s why investors are already seeking alternatives among emerging community-driven utility tokens that are yet to realize their full potential.

Best Wallet Token (BEST)

While MemeCore focuses on providing utility to those using its Layer 1 network, Best Wallet strives to serve a much wider audience. Its Best DEX feature already aggregates data from over 90 blockchains, 330 DEXs, and 30 bridges, offering competitive fees.

Best Wallet incorporates multi-chain wallet support and robust security – and it also launched the presale for its utility token earlier this year. Best Wallet Token is designed to enhance the platform’s existing and upcoming features.

Holding BEST will secure lower transaction fees for those using the Best DEX or the wallet’s upcoming crypto debit card. Plus, its holders will enjoy governance rights, exclusive early access to emerging presales, and higher staking rewards – including a dynamic 83% APY for staking BEST.

With DeFi’s growing footprint and blockchain interoperability shaping the future, solutions like Best Wallet could experience tremendous demand. Investors anticipating this outcome have already invested $15.9 million in BEST’s presale, which may end soon as demand rises.

Maxi Doge (MAXI)

Dogecoin (DOGE) may have had a major 10% spike this week, but Maxi Doge appears ready to take over. It embodies meme coin culture with a bold twist, featuring a bodybuilding version of DOGE’s well-known Shiba Inu mascot while focusing on high-leverage degen trading.

Its attractive presale pricing (currently $0.0002575) has helped it raise $2.2 million so far, which suggests its community is already growing.

Once MAXI goes live, its developers will strive to enable 1,000x leveraged trading, giving traders explosive upside potential. Plus, holding MAXI will provide access to trading-oriented competitions offering lucrative rewards to top performers. Until then, the token’s utility mainly revolves around its high staking rewards, currently offering a 144% dynamic APY to early backers.

Anticipating a bullish market for high-risk, high-reward assets, Cryptonews’ experts believe MAXI is preparing to launch at a perfect time to achieve 100x gains.

Snorter (SNORT)

The next altcoin season could see meme coins belonging to low-cost, fast ecosystems explode overnight. With Solana’s network being the perfect candidate, investors are showing growing demand for Snorter and its upcoming Telegram-based trading bot.

That’s because it’s being designed to help traders instantly secure their share of emerging Solana-based meme coins. Featuring automated token sniping, copy trading, and scheduled buys, the bot offers cutting-edge automated tools at a low cost. However, only those holding SNORT will enjoy slashed fees, staking APYs of 118%, and features like advanced analytics while using Snorter Bot.

Since the bot’s custom Solana RPC infrastructure allows it to execute transactions in under one second, holding SNORT could be the key to tremendous gains this cycle.

With blue-chip capital already finding its way to Snorter, the presale is nearing the $4 million mark. Combined with its mix of entertainment and functionality, the impressive early momentum could result in an explosive debut for SNORT.

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.