If you missed Moo Deng’s 125% jump or GOAT’s 55% rally, don’t worry. The meme coin market still has plenty of action.

While Bitcoin remains the top cryptocurrency, its short-term growth may stay slow for now. Meme coins, on the other hand, are where traders still chase huge 10x or even 100x returns.

If you missed out on Moo Deng’s 125% in a week or GOAT’s 55% rally in a month, don't fret. The meme coin market in 2024 is still full of possibilities.

While Bitcoin is holding steady as the top cryptocurrency, its short-term growth may be limited. But meme coins are where traders can still chase huge 10x or even 100x returns.

Analyst Lark Davis has highlighted a few meme coins that could outperform in the coming weeks:

1. PENGU — The Pudgy Penguins Token

PENGU is the official token for the Pudgy Penguins NFTs on Solana. There are 8,888 cute penguins in the collection, and it even has its own toy line. The token launched in December 2023 with a maximum supply of 88.88 billion tokens.

Despite leadership changes and market ups and downs, it has survived and recently surged 160% from its lowest price. Traders have also noticed a bullish EMA crossover starting to form, which could signal more growth ahead.

However, Pengu is still down 75% from its all-time high, and at a market cap of $6 billion, it's not exactly a small-cap gem.

2. Popcat — From Viral Meme to Market Mover

Popcat, another Solana-based coin, was inspired by the famous “Oatmeal” cat meme from 2020. This meme coin shocked everyone with a huge 10,400% rally.

After falling for a while, Popcat has bounced back since early April. It recently formed a Golden Cross on its daily chart, a classic sign of a possible uptrend.

But it's facing resistance at the $0.50 mark, and some analysts think it could turn into a bull trap — where prices rise quickly, then fall just as fast.

3. WIF — The Dog With a Hat

WIF is a simple meme coin based on a fun idea: a dog wearing a hat. Despite its silly concept, it has remained one of the top 10 meme coins by market cap.

After a long downtrend, WIF has bounced back 140% since early April. A bullish EMA crossover seems to be forming, but it's still down about 75% from its highest price. This makes it a very risky, but potentially rewarding, investment.

4. BRETT — The OG Meme Coin on Base Chain

BRETT is another meme coin that some traders are following closely. It's built on the Base chain and is inspired by a character from the Boys Club comic (the same series as the famous Pepe meme). This makes BRETT one of the early meme coins in this ecosystem.

The token has surged 200% from its lowest point and with a market cap around $600 million, some traders believe BRETT is still undervalued — especially if the Base chain gains popularity.