Dogecoin (DOGE) trading volume hit $200 million this week as the price of the popular meme coin rose 1.5% in the same period. Even though the cumulative growth since the start of the year is just below 10% (compared to 65% and 55% respectively for Bitcoin (BTC) and Ethereum (ETH) ), it was enough to spark interest from traders. The 24-hour trading volume was $140 million just last week, but the sudden spike in trading has pushed it north of $200 million for the first time this year.
However, if you think about investing in DOGE, you may need to hit pause and reconsider. The market’s newly-found interest in the original meme coin doesn’t seem to be based on solid footing. Rather, it may be a result of yet another massive pump-and-dump scheme in the works. If that is the case, smaller investors may be left holding the bag once again.
Instead of Dogecoin, we would recommend taking a look at Wall Street Memes Token (WSM), Copium Coin (COPIUM), AiDoge (AIDOGE), SpongeBob ($SPONGE), and ECOTERRA. These are among the best altcoins to invest in today by almost unanimous consent. Here is what you need to know about them.
5 Best Altcoins to Invest in Today - Overview
- Wall Street Memes Token ($WSM) Next Meme Coin Sensation!
- AiDoge (AIDOGE) – Meme-Generating App Powered by AI
- SpongeBob ($SPONGE) – One of the Best Meme Coins on the Market
- Copium Coin (COPIUM) – New Meme Coin Outperforming Pepe
- EcoTerra (ECOTERRA) – The Best Green Crypto on the Market
Wall Street Memes Token ($WSM) Sets the Stage for the Next Meme Coin Sensation!
Wall Street Memes token ($WSM) is set to revolutionize the meme coin space and replicate the success of Pepecoin, Dogecoin, and Shiba Inu. With a strong community of over 1 million followers and $100,000 raised in minutes during the presale, $WSM is generating significant buzz. The token aims to bring legitimacy to the meme coin market and democratize finance. Don't miss out on this exciting opportunity to be part of the next meme coin sensation!
AiDoge (AIDOGE) – Meme-Generating App Powered by AI
Many dismissed AiDoge’s concept when it was first announced as flippant or even silly. The very idea of using something as powerful as an AI to generate memes seems to have offended some people. What they failed to understand is the importance of memes in modern communications, especially for younger generations. For them memes are more than funny pictures, they are an essential mode of conveying messages and a crucial part of their online persona.
AiDoge allows its users to quickly and without any hustle create popular memes by simply inputting an idea. The AI powering the app will do the rest, including finding appropriate images and text and presenting you with a finished product.
AiDoge is currently having one of the most successful presales of the year, raising more than $14.5 million in a matter of weeks. This is perhaps the best proof of how popular is this “silly and flippant” concept.
SpongeBob ($SPONGE) – One of the Best Meme Coins on the Market
Building on a recent resurgence of meme coins, SpongeBob quickly became one of the most popular tokens on the market. Based on an iconic cartoon character, $SPONGE outperformed many similar tokens, gaining 800% at one point.
Sponge Bob SquarePants has been used as a centerpiece of numerous memes over the years and is one of the most beloved cartoon characters of all time. $SPONGE takes full advantage of that popularity and incorporates it into a unique meme coin that is causing havoc on the market.
Since its all-time high, SpongeBob has receded somewhat, but that is the usual cycle in a life of a meme coin. Another rally can start at any moment, and this may be the perfect time to invest in $SPONGE before the hype launches its price sky-high.
Copium Coin (COPIUM) – New Meme Coin Outperforming Pepe
Based on a popular meme making rounds on Twitter and Reddit, Copium Coin is a fairly new addition to the crypto world. Immediately upon launch, the token went on a 700% growth spur, vastly outperforming Pepe Coin and becoming one of the most successful altcoins on the market.
According to the team behind COPIUM, the secret of its success is in its philosophy. Copium aims at restoring people’s faith in crypto by providing them with an altcoin that promotes original crypto values of camaraderie and humor. The approach seems to be working, as COPIUM continues to pump despite the current market slump.
The tight-knit community gathered around Copium Coin is perhaps one of its biggest strengths, as they serve as its best ambassadors and promoters. We’ll see how this translates into long-term success, but so far, all signs point out to Copium as one of the best altcoins to invest in today.
EcoTerra (ECOTERRA) – The Best Green Crypto on the Market
EcoTerra lets you earn money while saving the planet and that is an amazing feeling you can’t get from many tokens. The app employs the Recycle2Earn concept that rewards people and motivates them to step up their recycling efforts. The rewards are paid in ECOTERRA, the app’s native token.
Those looking to invest in prospective crypto will appreciate the fact that EcoTerra is still in the presale phase. So far, this incredible token has raised more than $4.2 million and the presale is slowly coming to an end. However, there is still time to get on the bandwagon and secure some juicy returns once it hits the open market.
EcoTerra also plans on offering a carbon emissions market that will cater to companies looking to trade their carbon credits and empower them to participate in efforts to combat the effects of climate change.
Tron (TRX) – Future Crypto of Decentralized Internet
Designed as a foundation of a decentralized internet, the Tron network is one of the most promising crypto projects on the market. With its native token, TRX is showing a lot of potential for future growth, but there are still some kinks that need ironing out.
TRX is defying the odds these days, demonstrating steady growth despite the losses the rest of the crypto market is experiencing. All indicators point to a strong bullish run as the token gains more than 15% in the last 20 days. On top of that, 24-hour trading volume rose more than 21%, reaching and surpassing $400 million.
If TRX manages to break through the resistance barrier, we may even see it reaching its highest price since 2022.
Dogecoin has made some noise on the market with modest gains and a somewhat impressive $200 million trading volume. Whether that is a sign of a real recovery or simply another scheme remains to be seen, but there is no point in risking it when there are far better alternatives on the market. Top picks for the five best altcoins to invest in today include WSM, COPIUM, AIDOGE, $SPONGE, and ECOTERRA, new tokens that are attracting a lot of attraction from investors and users alike. The added bonus is that some of them are still in the presale stages and can be bought cheaply, maximizing future gains.