As we head deeper into the last month of 2023, it is time to start looking forward to next year. We think this year will be remembered by crypto historians as the year of the meme coin. The market is in great shape at the moment, and it looks like 2024 is going to take the baton and continue in a similar manner, as many major meme coins are posting good results.
That got us thinking that now is the perfect time to try to find the 5 best meme coins for 2024 that could provide explosive 100x gains if you invest soon enough. For this, we did a mix of new and established coins so investors can have a diverse selection for their portfolios. The list is as follows:
- Meme Kombat ($MK)
- Wall Street Memes (WSM)
- Dogecoin (DOGE)
- Shiba Inu (SHIB)
- Pepe Coin (PEPE)
So, what are we waiting for, let’s get into each project and why you must buy now for explosive 100x gains.
Meme Kombat- Exciting new P2E/meme crossover that could see 100x gains soon
As we mentioned above, meme coins stole the show in 2023. One sector negatively affected by this was P2E games. That is why we love the idea Meme Kombat ($MK) has come up with which combines a P2E game with memes. It seems the market agrees with our sentiment as already the presale has raised over $2.6 million.
One of the clever moves that the project has taken is to put its own spin on a cult classic. We like it when blockchain games do this as it opens up a whole new potential customer base for them and gives the project a chance to break into the mainstream. As some readers may have guessed, this game takes inspiration from Mortal Kombat, one of the most popular combat games of all time.
This is where the meme part of the project comes in. Meme Kombat is a fighting game, too but the characters you will be battling with are the most popular memes from the last 10 years. Get ready to battle to the death with Pepe, Doge, and all the rest. AI is a big contributor to us being so high on this project. It gives a unique and immersive in-game experience that will keep players coming back for more.
If that wasn’t enough entertainment for you, there are also two other ways investors can earn $MK. Staking is a stable way to earn $MK but for the risk-takers out there, Meme Kombat also lets you wager on fights. Bet against other players, the computer, or on fight events like what the first move will be. With so many ways to have fun, it's easy to see why we think Meme Kombat has the potential for 100x gains.
Wall Street Memes- Finally delivering on the potential it showed during presale
After a rough period, it finally looks like Wall Street Memes ($WSM) could be about to live up to its massive potential. This potential first came to light during the presale when the meme coin raised well over an incredible $25 million. The coin had the unfortunate time of launching during fairly bearish conditions and never seemed to recover.
However, now as we head toward 2024, things are looking up. WSM has seen over 10% growth in the last 7 days and there are indications this will continue into next year. The ecosystem is always expanding and a great example of this is the success of Wall Street Casino. In the first month after its launch, over 18,000 players signed up, and they now have over 78,000 active players.
A buy-back scheme is also in place that has seen the project purchase over 72 million tokens already. As it stands, these are being used for rewards, but there is potential for burning events down the line, which would create more value. All of this, coupled with the huge online presence Wall Street Memes wields, means it could be one of the best meme coins for 2024.
Dogecoin- After a recent price surge the king of meme coins may be back on track
Dogecoin (DOGE), often referred to as the king of meme coins, has had a rough 2023. Many thought it was only a matter of time before it was surpassed, but recent price movement has changed that forecast. Dogecoin hit an eight-month price high on Tuesday, and there are some outside factors that give it a chance of hitting 100x gains in 2024.
The meme coin has been attached to the fortunes of X (formally Twitter) for quite some time now. If Musk, as he has suggested in the past, adds DOGE as a payment method for the social media site, 100x gains will be the minimum. X.AI, Musk’s new AI start-up, is also worth keeping an eye on. It has raised over 1 billion in funding and is likely contributing to Dogecoin's current good performance.
Shiba Inu- Shibarium finally taking off gives SHIB a chance at 100x gains in 2024
The launch of Shibarium, Shiba Inu’s (SHIB) very own layer-2 network, was seen as a massive move that could change the face of the meme coin industry. However, for quite some time, it has flattered to deceive. That has now changed as transactions on the network have hit a record high of 32 million.
This has now had a positive effect on the price of SHIB as it is up over 18% over the last 7 days at the time of writing. In terms of 2024, we are very optimistic about the outlook of SHIB. Its ecosystem is always trying to innovate and it's a good bet to be one of the 5 best memes coins.
Pepe Coin- Is there another record-breaking surge on the cards in 2024?
Pepe Coin (PEPE) will likely always be relevant when it comes to meme coin news because of what it delivered in the past. The meme coins came out of nowhere and pumped so much that it made investors overnight millionaires. This is the crypto dream, and it will always mean investors will monitor PEPE so they don’t miss out again.
The meme coin, at the time of writing, is up over 40% in the last 7 days, making it one of the best-performing meme coins on the market over that time period. We have to include it on our list as if one coin always has a chance for explosive 100x gains, it’s PEPE.
That completes our list of the 5 best meme coins for 2024. We would recommend all of them to buy now for explosive 100x gains, but if we had to narrow it down to one, it would be Meme Kombat. The P2E/meme coin crossover possesses all of the properties necessary to be one of the best performers in 2024.