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Cryptocurrency News Articles

5 Meme Coins You Should Watch Closely This Week

Aug 13, 2024 at 04:03 pm

With the meme coin sector continuing to outperform the broader market, let's explore the meme coins you should watch closely this week.

5 Meme Coins You Should Watch Closely This Week

With crypto prices continuing to rise, traders are hungry for big gains and continue to bet on meme coins.

And it’s for good reason. The sector keeps outperforming the broader market, and it’s been no different recently.

If you had invested in any of the top meme coins last week, you’d now be sitting on some hefty gains.

But if you’re still looking for the next big gainer, we’ve got you covered.

Here are the meme coins you should watch closely this week.

Neiro Ethereum

Over the past week, meme coins have shown considerable strength, but Neiro Ethereum is one of the top performers.

If you invested in NEIRO this time one week ago, you’d now be 80% richer.

But here’s why you should be watching closely:

It holds a market cap of under $240 million.

That leaves room for approximately a 15x to catch Pepe and a 65x to catch Dogecoin.

Now, there’s no guarantee it’ll go that far, but it’s showing massive strength. And with a low market cap, there’s huge upside potential.

Moreover, there’s anticipation that NEIRO’s first big exchange listing is imminent.

ByBit tweeted “Woof” earlier today, which traders believe indicates an imminent listing.

JUST IN: Ethereum memecoin $NEIRO (@TheNeiroshi) price rallies as traders anticipate imminent listing on @Bybit_Official. pic.twitter.com/LYvB1Qhrwo

Currently, Neiro Ethereum is trading at $0.2361. It’s up 10% today, 80% this week, and 1,611% this month.

Its 24-hour trading volume currently sits at $28 million, up 95% today.

Mog Coin

It’s not just Neiro Ethereum thriving this week. Mog Coin is also showing strength.

This Ethereum-based, cat-themed culture coin has been all the rage in recent months, well outpacing its meme coin peers.

And right now, Mog Coin may be at a turning point in its trajectory.

Popular trader Cryptoknight alludes that the next leg up is incoming as Mog Coin establishes support at its June resistance.

According to Cryptoknight, MOG could see almost 3x gains in the coming weeks.

$mog looks sexyyy pic.twitter.com/83LpYr8Ppf

Since Mog Coin is based on the Ethereum network, its price is tied to Ethereum’s.

This could be good news. Analyst Michael van de Poppe says ETH is primed for “a slow upward grind with a constant ETF inflow.”

Currently, MOG is trading at $0.000001278, down 13% today, up 30% this week, and down 22% this month.

It holds a $465 million market cap and a $35 million 24-hour trading volume, up 45% today.

Base Dawgz

As mentioned, Mog Coin’s value could correlate with ETH’s because it is on Ethereum.

But this is why Base Dawgz is one to watch.

Unlike most meme coins, Base Dawgz is available across multiple blockchains.

Its primary network is Base, but it’s also available on Ethereum, Solana, Avalanche, and BSC.

Base Dawgz is a community token that all meme coin fans can enjoy. This amplifies its growth potential.

Furthermore, Base Dawgz has a significant focus on community rewards.

Investors can stake their tokens to compound their purchase. Currently, they can earn more than a 900% APY.

They can also earn $DAWGZ tokens by referring others to the presale.

The presale is ongoing, enabling investors to buy in early. It has raised $2.8 million so far.

Investors can buy Base Dawgz today for the lowest price. However, the next price increase will occur in 16 hours.

Brett

Brett has a lot going for it.

Not least is that it could be listed on Binance soon.

That’s because it’s the biggest meme coin yet to be listed on the exchange.

So as Binance extends its memetic offerings, Brett will likely be its first choice.

Moreover, since Brett is the premier meme coin on Base, it also has Coinbase’s backing.

And while Coinbase’s joke token listings are more infrequent, a listing for Brett is not out of the question.

Long-term, Brett has a bright future. But it also looks strong in the near term.

Brett has outpaced most other meme coins this week, up over 30%. For perspective, Dogecoin is up 13%, and Pepe is up

Original source:cryptopolitan

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