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Cryptocurrency News Articles

5 Meme Coins That Could Explode This November, Even Up to 100x

Oct 29, 2024 at 01:06 am

With a tailwind from the US elections and expected US interest rate cuts, November is anticipated to be a profitable month in the crypto market.

5 Meme Coins That Could Explode This November, Even Up to 100x

With the US elections around the corner and interest rate cuts anticipated, November is shaping up to be a lucrative month in the crypto market.

And during good times, meme coins tend to perform the best as they attract liquidity from investors seeking to maximize their returns.

Keeping this in mind, let’s explore five meme coins that could provide massive gains this November, even up to 100x.

Pepe Unchained is leading the way among new meme coins by raising over $22 million through a token presale. The presale is still ongoing, allowing investors to buy ahead of its exchange launch.

But why is Pepe Unchained in such high demand? It’s because the project will be the first Pepe-themed token with its own blockchain.

They’re building an Ethereum layer 2 that will be cheaper and faster than the Ethereum main network. Plus, it will have features like a staking mechanism, a DEX, a block explorer, and more.

While most meme coins are simply used for speculative entertainment, Pepe Unchained is building an entire ecosystem.

It has also unveiled a developer grants program, which pays builders to launch projects on the Pepe Chain. This is expected to expedite Pepe Unchained’s ecosystem development, bolstering adoption and, hence, the $PEPU price.

Currently, investors can buy Pepe Unchained for $0.01179, but this price will increase throughout the ICO.

With the US presidential election just eight days away, Department Of Government Efficiency (dogegov.com) has massive potential.

It’s a meme coin inspired by the position that Elon Musk will undertake if Trump wins the election.

Musk is expected to join Trump’s cabinet and lead a new unit called the Department of Government Efficiency (D.O.G.E), which aims to cut US government spending.

In a recent Trump rally where Musk appeared, the business mogul was introduced as “Co-founder of the Department Of Government Efficiency,” showing they’re dead serious about his prospective position.

BREAKING: @elonmusk INTRODUCED AS CO-FOUNDER OF DOGE (DEPARTMENT OF GOVERNMENT EFFICIENCY) AT @realDonaldTrump RALLY pic.twitter.com/P9CfLjhsSU

So, should Trump be elected, there’s every chance that the new meme coin will see an explosive rally in the aftermath.

The project is currently trading at $0.0459, up 35% today, 2.9% this week, and 152% this month. However, with a $44 million market cap, significant upside potential remains.

Flockerz is another promising presale meme coin with a clear intent behind it. The project aims to tackle the centralization issue that plagues meme coins.

Many meme coins are led by centralized teams, which creates unnecessary risk. This even extends to Pepe, which saw team members steal $15 million from its treasury in 2023.

This goes against crypto’s core tenet of decentralization, but Flockerz solves it by putting power in the community’s hands.

It’s creating a Vote-to-Earn DAO, allowing users to vote on-chain about all decisions relating to the project’s future, including how to manage its treasury.

But that’s not all. The project has also set aside tokens to pay these DAO members, which is where the term “Vote-to-Earn” comes from.

The Flockerz presale solidifies these decentralization efforts by giving all investors an equal opportunity to buy at a fixed price.

Flockerz has raised $1.1 million so far. Investors can buy $FLOCK for $0.0058862, but this price will rise in one day.

SelfieDogCoin resembles Dogwifhat because it’s a funny dog coin with a ‘new angle.’

This is also interesting because we are seeing less and less dog-themed meme coins these days.

And like Dogwifhat, SelfieDogCoin is a Solana-based meme coin, making it easy for investors to buy with minimal fees from the comfort of a user-friendly Solana wallet.

Another factor in SelfieDogCoin’s favor is its recent strong performance.

It’s currently trading at $0.04117, up 23% today, 33% this week, and 117% this month. Despite that, it retains a low market cap of $40 million.

We should also note that SELFIE has shown strong trading volume for a low-cap meme coin at $1.1 million in the past 24 hours. This is a good sign, reflecting significant interest among investors.

As mentioned, we’re starting to see less dog-themed meme coins emerge as new narratives take shape.

One of the strongest is the cat coin trend. Projects like Popcat and cat

Original source:cryptopolitan

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