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Cryptocurrency News Articles

7 Meme Coins That Might See Impressive Gains in August 2024

Aug 02, 2024 at 09:55 pm

July was a stellar month for the market, with the approval of multiple Bitcoin ETFs and Bitcoin's price soaring close to $70,000.

7 Meme Coins That Might See Impressive Gains in August 2024

With the fear and greed index from Binance showing a clear bullish trend, analysts are predicting a rally in August. Here are seven coins that might see impressive gains this month.

Pepe Unchained (PEPU) is a layer-2 project designed to offer the best ETH meme coin development environment. With minimal transaction fees, speeds 100 times faster than ETH, and a dedicated block explorer, PEPU shows significant promise. It has raised over $6.5 million in its presale, with investors buying at $0.0088044 per token before a price hike. The tokenomics favor the presale, with 20% of the 8 billion token supply allocated to it, and another 30% allocated to staking with a 295% P/A. Experts are predicting massive growth for PEPU upon its DEX and potential CEX launch. The coin has been closely followed by 99Bitcoins, a YouTube channel boasting over 700,000 subscribers, which has touted PEPU as the “next Pepe,” anticipating 10x returns. With less than a day until the next price increase, now is the ideal time to invest in the Pepe Unchained presale.

PeiPei (PEIPEI), combining East Asian culture with the iconic Pepe image, has been growing steadily since its launch in June. Despite dropping 5.55% in the last 24 hours, PEIPEI remains one of this year’s fastest-growing meme coins. The token has seen a 690% increase since June, largely due to creative “guerilla marketing” efforts. Today, PEIPEI partnered with the Bybit crypto exchange, hosting a $200 airdrop, and was also listed on Bitrue, maintaining its visibility. The token is endorsed by Davinci Jeremie, a major influencer with over 2 million followers, who now believes PEIPEI is an upcoming major player in the crypto space.

99Bitcoins (99BTC) is a BRC-20 token introducing an innovative learn-to-earn (L2E) model. Developed by one of the biggest names in the industry, it has raised over $2.5 million in its ICO. The L2E model rewards holders with coins for completing educational modules on the website, which offers over 80 hours of interactive learning content. Tokens can be traded, used for premium learning materials, or to get discounts on partnered products. ClayBro, a crypto YouTuber with over 130,000 subscribers, has highlighted 99BTC’s potential, predicting that $0.00116 may be its lowest price point. The presale is closing soon, making now a crucial time to invest.

Mumu the Bull (MUMU) has been performing impressively, up 2.81% over the last 24 hours and over 120.55% in the past week. The token reflects bullish market sentiments and has skyrocketed by nearly 10x since April. Currently, it’s in the midst of a significant rally, with extensive buzz on social media. SolHub, an analyst with over 177,000 followers, and CoinCommander, with over 14,000 followers, have both endorsed the token, predicting a strong bullish breakout.

PlayDoge (PLAY) is a nostalgic P2E title combining the charm of 90’s Tamagotchi devices with a modern doge aesthetic. Selling at $0.00524 per token, PLAY has already raised over $5.8 million in its presale. The tokenomics favor the ICO, with 50% of the 9.4 billion token supply dedicated to the presale and another 12% set aside for staking. After passing a SolidProof audit, PlayDoge is eagerly awaited by experts for its DEX launch, with influencers like Austin Hilton expecting substantial success.

MAGA (TRUMP) is a notable PolitFi token dedicated to former president Donald Trump, up 11.53% to $5.69 per token with a daily trading volume exceeding $7 million. Growing alongside Trump’s increasing pro-crypto stance, the token’s value is tied to Trump’s political performance. With a CEX listing on Gate.io set for August 2nd, the token has grown by over 34,167.46% in 2024, indicating endless potential.

Finally, Base Dawgz (DAWGZ) is a community-focused meme coin with an innovative refer-to-earn (R2E) model. It has raised over $2.7 million in its ICO, leveraging the R2E model to reward X (Twitter) users and influencers for promoting it. With 20% of the supply allocated to the presale and another 2

Original source:westislandblog

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