The world of cryptocurrency in 2024 has continued to surprise, excite and confound. Among the various crypto sectors, the meme coin has established itself as a source of humor and significant returns for investors.
This year was marked by some top artists, including newcomers and veteran projects that held their own. Here’s a look at the biggest meme coin winners of 2024.
Memecoins will continue to pump during the 2024 crypto cycle
We will obtain the same thing as with:
2000x $DOGE
1000x $WIF
500x $FLOKIHere are the new leaders who will dominate the market in the next 2-3 months
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— 𝗖𝗛𝗔𝗜𝗡 𝗠𝗜𝗡𝗗
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Dogecoin: the veteran who held on
In 2024, Dogecoin, the first meme coin, demonstrated its resilience. Despite fierce competition from new players, Dogecoin has maintained its relevance in the market and has delighted investors with a 352% year-to-date rally.
The coin, which started the year at $0.09206, rose to $0.40381 in December, confirming its place as a favorite among cryptocurrency enthusiasts.
Elon Musk’s continued endorsements, coupled with Dogecoin’s role as a gateway to cryptocurrency for new investors, have played a vital role in its success.
Dogecoin has proven to be more valuable than just a speculative asset, as evidenced by its growing use in tipping and microtransactions.
Stability is guaranteed by its proof-of-work method, and a wider audience can access it thanks to its endless supply model.
Shiba Inu: expansion beyond Meme Coin status
Shiba Inu (SHIB) continued to lose its identity as a simple coin as it expanded its ecosystem. Powered by Shibarium, a layer 2 blockchain launched to improve transaction efficiency and scalability, SHIB has demonstrated its commitment to innovation.
The project also introduced new utilities, including a decentralized exchange and NFT integrations, to boost adoption.
Shiba Inu saw strong market activity in 2024. Its supply was further limited by the token burning mechanism, which increased demand and drove up prices.
With a gain of 130.2% in 2024 and a circulating supply of 589.25 trillion tokens, SHIB has shown quite impressive development.
Community efforts, combined with strategic developments, have positioned SHIB for sustained growth. According to analysts, SHIB could overtake Dogecoin in the coming year due to its recent breakthrough.
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Pepe Unchained: The pre-sale sensation of the year
A newcomer to the meme coin market, Pepe Unchained, has made headlines with its extraordinary pre-sale performance. Pepe Unchained, which is inspired by the popular “Pepe the Frog” meme, used a combination of humor and creativity to raise $11 million in pre-sale funding in just three months.
This layer 2 blockchain project addresses Ethereum’s persistent issues, including high gas fees and slow transactions, with its “Pepe Chain.”
According to its developers, Pepe Chain is designed to be 100 times faster than Ethereum while maintaining compatibility with the existing Ethereum ecosystem.
The project also offers substantial staking rewards, with early investors locking in over 879 million tokens to earn an estimated annual return of 182%.
Supported by smart contract audits from SolidProof and Coinsult, as well as endorsements from prominent crypto influencers, the project quickly built a community of over 6,300 Telegram members and 12,000 Twitter followers.
With plans for a DEX listing and further expansion of the ecosystem, this could just be the start of Pepe Unchained’s growth story.
Floki Inu: Leveraging Community to Drive Growth
Floki Inu, inspired by Elon Musk’s Shiba Inu dog, has carved out a niche in the coin industry through a community approach.
The “Floki Vikings,” as its supporters are called, have fueled its growth through innovative initiatives. The ecosystem includes “Valhalla,” a metaverse game in which players earn FLOKI tokens, and FlokiFi, a decentralized exchange that supports staking and yield farming.
Floki Inu has seen a meteoric rise in value this year, with the token reaching $0.00028, a 172% increase from its August low. A key catalyst was its listing on Coinbase, which brought increased visibility and liquidity.
The project’s combustion mechanism further reduced its circulating supply, thereby improving its price stability. With forecasts for a 92% upside from current levels, Floki Inu remains a favorite among investors looking for high returns.
Bonk 2024-2030: Will Meme Coin Reach New Highs Soon?
With a price increase of almost 100% over the past 30 days, analysts have noticed BONK, a meme coin that runs on the Solana blockchain.
BONK has gained popularity among meme coin fans due to its fun branding and affordable costs.
According to longer-term forecasts, BONK could trade between $0.00007161 and $0.000174 by 2030. Despite these hopeful forecasts, the majority of analysts believe that given its slow growth, reaching $1 in the near future is unrealistic.
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PENGU Pudgy Penguins Token Debuts With $2.3 Billion Market Cap
The launch of the PENGU token, linked to the popular Pudgy Penguins NFT collection, marked a major milestone in the crossover of NFT-meme coins.
Within the first hour of its launch, PENGU recorded a trading volume of $90 million, with a market capitalization of $2.3 billion. Airdrops played a pivotal role in its launch, with 23.5% of the total supply allocated to Pudgy Penguin NFT holders.
Additionally, 12.3% of the token supply was set aside for decentralized exchange liquidity and 22% was set up for the Ethereum and Solana communities.
Dogwifhat Price Prediction: Another ATH on the Way?
Dogwifhat (WIF), a meme coin launched in November 2023, has been on an impressive upward trajectory, with its value increasing nearly 170 times since its inception.
Forecasts for 2024 place the price of Dogwifhat between $2.59 and $12.28, depending on market sentiment and continued community support.
In 2025, analysts predict a rise with possible prices between $4.42 and $10.45, strengthening its position as a leading coin.
However, Dogwifhat’s value still largely depends on its viral appeal and community marketing due to its lack of practical use.
REBELDOGS: Is This Meme Coin the Best Bet for 2025?
One of the most innovative companies of 2024 was REBELDOGS, which combined philanthropy, entertainment and blockchain.
Based in Hollywood, this initiative is the first to integrate meme coins into a feature film, creating a unique synergy between cinema and crypto.
The film, scheduled for release in 2025, will feature animated dogs spoken by well-known influencers and each symbolizing a cryptocurrency.
Founder Dirk Oerlemans, inspired by his personal story of adopting a shelter dog, plans to keep the community engaged while providing ongoing support to the shelters.
REBELDOGS has already built a strong online community, with over 15,000 members on Telegram and users eagerly awaiting its release.
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