After a tough week in the meme coin market, tokens like $BRETT and $PEPE are making a quick comeback. $BRETT is up 16.5% in the past 24 hours, while $PEPE has posted a 5.2% gain. Both tokens had fallen more than 25% in the previous 7 days.
Today’s upward movement is reassuring traders that the bearish activity last week was just a temporary blip. As meme coins surge again, traders are jumping back in and on the hunt for the next opportunity—and we may have found it in 3 new meme coins that will hit the market soon.
Meme Coins Falter, Then Surge During Tumultuous Week
This week’s weakness in meme coins was due to a confluence of several factors.
First, Bitcoin failed to break through the psychologically and technically important $70,000 threshold. It bounced backwards, falling below $65,000 and sending shivers throughout the crypto market. The bearish signal resonated in meme coin trading, with many skittish traders abandoning their positions amid forecasts of an extended consolidation period in the market.
Meme coins also took a beating thanks to the Federal Reserve’s announcement that it would cut interest rates only once in 2024, instead of the 4 times it originally planned. High interest rates reduce cash inflows into the crypto market, muting demand and trading activity around meme coins.
However, even this one-two punch of bad news hasn’t been enough to stop the momentum around meme coins. After falling more 30% and 25% over a 7-day period, $BRETT and $PEPE have posted sizable gains in the past 24 hours. Trading volume is up and signals are flashing green for these top meme coins once again.
It’s not just $BRETT and $PEPE that are recovering, either. $DOGE and $SHIB, the two top meme coins by market cap, are up as well—although the gains for these mega-cap tokens are less notable. Other meme coins posting gains include $MAGA, $MOG, $ANDY, and $DEGEN, which indicates the recovery is very broad-based.
With so many meme coins surging again, there are many opportunities for traders. The biggest gains are likely to be found in new meme coin ICOs that offer tokens at fixed prices ahead of trading.
Let’s take a closer look at 3 meme coins to buy now that could offer 10x gains or more as the market continues to march upwards.
PlayDoge
PlayDoge is one of the most exciting new play-to-earn meme coin launches of the year. It’s already been called the next crypto to 10x by prominent analysts like Jacob ‘Crypto’ Bury and has raised more than $4.8 million within the first month of its presale.
PlayDoge is generating so much hype because it’s building a modern, doge-inspired version of the 1990s hit game Tamagotchi. In PlayDoge, players will take care of a virtual companion doge and receive $PLAY tokens for their efforts. They can redeem $PLAY for in-game upgrades and take their doge on video game-inspired adventures to earn even more tokens.
PlayDoge one-ups Tamagotchi with high-res graphics, touchscreen controls, and a deeper play experience. It’s expected to launch on iOS and Android, potentially putting this play-to-earn game in front of hundreds of millions of users worldwide.
During the PlayDoge presale, traders can buy $PLAY at a 4% discount to the planned list price. Plus, staking rewards up to 151% APY give early investors a chance to fill their bags with even more $PLAY.
Sealana
Sealana is one of the hottest new Solana meme coins, and it’s preparing for an explosive start to trading. The $SEAL presale ends in just 6 days after raising more than $5 million in meme coin sales.
Sealana has developed a loyal following thanks in part to its mascot, an overweight seal in whom many crypto traders will recognize a little bit of their ‘degen’ tendencies. The seal is covered in pizza and fish bones, too busy to clean himself up while he’s looking for the next 100x meme coin in the ‘Solana Sea.’
Sealana is driven entirely by demand for the token and expectations of a major pump—unlike other new meme coins that try to get fancy, $SEAL offers no utility and no staking rewards. This is a token designed for the purpose of delivering gains for presale investors.
Don’t miss this final chance to buy $SEAL before the presale ends. It’s expected to cause quite the splash when it lands on Solana’s Raydium and Jupiter DEXs next week.
WienerAI
WienerAI is another groundbreaking meme coin with a huge following behind its presale. The project has raised more than $6 million in $WAI token sales and is ahead of schedule to sell out its entire ICO allotment.
WienerAI is going viral thanks to its sausage-shaped dog mascot, which can’t seem to help but get stuck in holes and be unable to get itself out with its tiny legs. The sausage theme provides a base of comedy for WienerAI, too—the project calls its community the ‘Sausage Army.’
What’s really exciting about WienerAI is that the project plans to build an AI trading bot that will be free for $WAI token holders. The bot will give users an edge in the market, helping them earn even more profits from their $WAI holdings. WienerAI is even building its own fee-free swap to make trading as seamless as possible.
The next price increase in the WienerAI presale is just 2 days away, so traders have to hurry to lock in the best price for $WAI. Right now, presale investors can also earn up to 190% APY rewards for staking their purchased tokens.