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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

The Undeniable Rise Of The Memecoin, An In Depth Look Into DOGE, PONKE, BRETT, APORK

Bitcoinist
by Bitcoinist
Last Updated: September 16, 2024 12:20 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The meme coin space has recorded tremendous growth in the past few months, hitting over $64B in market cap sometime in the year.  Despite the volatility of memecoins, they are still considered a digital asset to acquire now.

However, not all meme coins are profitable. Based on the analysis of popular analysts, Dogecoin, PONKE, BRETT and Angry Pepe Fork as some of the meme coins to watch out for in the coming months. Here is why.

Angry Pepe Fork – The Memecoin to Watch in 2024

Topping the list of memecoins taking over the market is Angry Pepe Fork. The new Solana-based meme coin is on a mission to conquer useless meme coins that offer no value to its holders and community.

Unlike Dogwifhat and Dogecoin that offer no utility to its token, Angry Pepe Fork offers its holders utility from the start with its unique staking mechanism where buyers can stake their tokens straight away and earn high APYs while the presale is ongoing. There is also the conquer-to-earn model which fosters a community spirit, healthy competition and gives token holders the opportunity to earn additional rewards and tokens.

With the presale ongoing, APORK, the native token is sold for just $0.025. With its strict supply of 1.9B tokens, analysts anticipate the token to increase as APORK becomes scarce. As such, they project 20x rallies when Angry Pepe Fork hits a major crypto exchange. This makes it a project to watch out for.

Dogecoin Price Prediction – Can DOGE Achieve $1 by the End of the Year?

Dogecoin (DOGE) is an open-source blockchain that was created in December 2013. It is one of the most popular meme coins, with millions of holders worldwide. The $DOGE coin is used to tip content creators and for donations online.

The Dogecoin price grew by 62% in the past year, as per CoinMarketCap, to make the list of top-performing cryptos. While the coin is still in the corrective phase, investors are hopeful of a rebound soon.

Moreover, as per TradingView, the Dogecoin market cap is $14B, and experts believe it could reach $17B before the year ends. Popular crypto analyst Ali Martinez believes a bull run is on the way for Dogecoin. As such, there is a high chance of DOGE price hitting $1 in 2024.

Investors Bullish on Ponke Coin as Value Expected to Soar

Ponke (PONKE) is a unique token launched on the Solana network. It has a distinct approach to tokenomics and has more than 500 million tokens in circulation.

CoinMarketCap data shows over 200% growth in the YTD price metrics. While the Ponke token price has declined significantly in the past month, analysts believe it will bounce back soon as a result of its huge community. As such, experts see Ponke’s price hitting $0.5 in Q4.

Moreover, Ponke’s market sentiment is bearish, as per Tradingview. However, the Ponke coin could still surpass its all-time high of $0.7, which it reached in July 2024, if it successfully passes the resistance levels of $0.35 and $0.40.

Brett Coin Price Could Hit $0.2 with Strong Bullish Support

Brett ($BRETT) is one of the top memecoins that was built on the base chain. The Brett token comes with a fixed supply model of 10 billion. Also, the Brett coin can be used for speculative investments and peer-to-peer transactions.

Looking at the game’s price history, Brett price grew by 101% in the past year based on CoinMarketCap data. However, the meme coin has declined significantly in the past weeks with the Brett Coin market cap falling from $1.30B seen in late July to $752M.

As per technical analysis, the averages have shown a bullish convergence, which suggests a mixed sentiment for Brett in the market. The bulls are expected to test the resistance level of $0.122; if they succeed, it could head to $0.3 in the coming weeks.

Why Angry Pepe Fork, Dogecoin, PONKE, and Brett are the Best Memecoins to Invest in Right Now?

There is no doubt that meme coins have taken the market by storm this year. At various times in the year, market data has revealed traders who made millions trading meme coins. While meme coins are highly speculative, buying Angry Pepe Fork, Dogecoin, PONKE, and Brett might be a smart investment decision.

Visit the Angry Pepe Fork Presale:

Website: https://angrypepefork.com/

Telegram: https://t.me/AngryPepeFork

Socials: https://x.com/AngryPorkCoin

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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