3 Meme Cryptos to Buy as the Market Heats Up

Crypto assets are surging in recent weeks. The Fear and Greed Index at 73 indicates a market run and a high probability that every dollar invested will multiply.

Crypto assets have been surging in recent weeks.

The Fear and Greed Index at 73 indicates a market run and a high probability that every dollar invested will multiply. Investors are expecting an influx of new liquidity that could bring new blockchain projects to market. It is still a good choice to only follow the cryptocurrencies with the highest capitalization. But their dominance is also the reason for their overbought status.

On the other hand, the trends of the current bull market speak in favor of meme coins. Although some young and ambitious tokens have not yet reached their peak, they have increased the efficiency of traders’ portfolios. While the crypto community waits for it Bitcoin (BTC) reach $100,000-$110,000, meme assets offer an alternative in the form of 10x or even 1000x increases in value.

It remains to analyze the available meme crypto offers in order to buy the promising ones.

Coq Inu (COQ)

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The avalanche (AVAX) The network is seeing an increase in the number of active users and daily transactions. The lion’s share of success is due to this Coq Inu (COQ), which strategically uses this blockchain with high capacity and low fees.

Additionally, 40-60% of all meme currency transactions on the network are made using this meme coin. This highlights the level of involvement of the Avalanche community in the project. In response, COQ is giving all the power to the public, with the entire supply of coins available on the market since the project launched in 2023. This approach stands out from the others because of its emphasis on a community that represents the interests of its members over profit.

And the decentralization of energy supply is manifested in the absence of a predefined roadmap or team that would claim a significant share of the project’s profits. This gained recognition among blockchain enthusiasts, resulting in Coq Inu being added to the list of meme cryptos to buy.

Furthermore, COQ clearly demonstrated its effectiveness in March 2024 when the token reached a 47,000x increase in value. At that time, the price increase multiplied investors’ capital in two weeks four times and brought the project out of the shadow of its bigger brother Avalanche. The coin began to actively recover after a market-wide correction phase, which was confirmed by the increase in trading activity.

It has grown from $6 million to $17 million in the last 7 days, helping Coq Inu’s market cap exceed the value 200 million dollars to mark. Listing on the OKX DEX has made the project available to a wider range of traders, meaning COQ may reach new heights.

DOG GO TO THE MOON (DOG)

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Crypto enthusiasts meet at number 116 in the market capitalization ranking DOG GOES TO THE MOON (DOG), which managed to conquer the hearts of thousands after its big debut on April 24, 2024.

The coin is based on the Young Runes protocol and is ideologically linked to it Bitcoin (BTC). DOG’s goal is to make using Bitcoin as natural as owning a pet. It has become the most popular token on the protocol, delighting investors with its steady growth after a month of stabilization.

The foundation of DOG’s success was its unique launch strategy, which allowed it to achieve rapid distribution while avoiding significant price declines. The project distributed 100 billion tokens to over 75,000 Runestone Ordinal NFT holders, which led to a rush and great interest in the market. The pre-sale of centralized commands did not affect the price of DOG GO TO THE MOON, as was the case with other cryptocurrencies. As a result, the community did not experience any major price fluctuations upon launch. The token is showing a stable recovery trend in terms of both price and trading activity.

Middle of May, $2.8 million worth of transactions can occur daily as long as this value is above this 78 million dollars At the end of the month. This can make DOG one of the meme cryptos to buy due to its freshness and untapped potential. The current surge in digital assets can show the coin’s true capabilities as it has shown 3x increase to $0.0074 in the last 2 weeks.

MANEKI (MANEKI)

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The rise of a token over time can only be evident through obvious indicators, such as the growth of its capitalization. Growth trends are emerging earlier due to market interest and investor analysis about cryptocurrency data providers.

CoinGecko summarized the weekly results in May and pointed out MANEKI (MANEKI) is at the top in terms of the number of requests. A month after listing was enough