This text breaks down a number of greatest meme cash, providing bullish market targets for the following 6 to 12 months.
The analysis makes use of a technical method, integrating Fibonacci extension zones and historic all-time highs.
Moreover, the article explores three greatest crypto presales in the present day that might doubtlessly ship bullish returns upon their launch this yr.
Dogecoin (DOGE)
Dogecoin serves as a place to begin as a consequence of its clearer historic price reference, in contrast to different meme cash like Pepe and Bonk, which have already peaked this cycle. Its earlier all-time excessive of $0.73 supplies a stable benchmark in comparison with its present price of $0.13.
Reaching this earlier peak would lead to a considerable 6x return on funding. Potential targets embrace the preliminary excessive of this cycle at $0.22, the unique all-time excessive, and a midpoint between the Fibonacci extension and the all-time excessive, which comes out to round $2.11.
This final goal represents a possible 17x return, a promising determine contemplating the upcoming market cycle.
Shiba Inu (SHIB)
Shiba Inu (SHIB) skilled a major price surge in its most up-to-date run. To foretell potential targets for the following cycle, a easy Fibonacci extension from the earlier low to the all-time excessive will likely be used. The primary goal is the height of this latest run at $0.00004518.
The second goal aligns with the general all-time excessive round $0.00008966. Lastly, the central level of the Fibonacci extension zone serves as a possible new all-time excessive goal for SHIB. These targets provide promising upside potential.
Brett Primarily based (BRETT)
Brett is a novel meme coin gaining vital traction on Base Chain. As one of many first meme cash to determine itself on this cheaper Ethereum various, it exhibits outstanding potential. With a present market cap of $1.4 billion, Brett has demonstrated its skill to climb quickly.
Potential beneficial properties of 10x to 20x the funding are attainable, equating to a staggering 900% return if the 10x mark is hit. This is able to place Brett at $1.31, a very achievable goal for the upcoming altcoin season.
To handle expectations, three price targets are set: a conservative estimate round $0.30, a extra aggressive one at $0.63, and the bold 10x aim at $1.32.
High Crypto Presales to Watch – Pepe Unchained, PlayDoge, and The Meme Video games
In search of your subsequent large crypto funding? Think about exploring these promising presale initiatives. With the potential to reflect the success of established meme cash, these new ventures may provide excessive returns for early buyers.
Pepe Unchained (PEPU)
Whereas established meme cash are bouncing again, newcomer Pepe Unchained (PEPU) is getting into the market with a recent method. This challenge has raised over $4.5 million in its ICO, catching the eye of retail buyers.
Nice Saturday information! We have raised $4.5M!
Pepe Unchained is breaking limitations and making waves 🐸⛓️ pic.twitter.com/3hK6JyGOy4
— Pepe Unchained (@pepe_unchained) July 20, 2024
Pepe Unchained isn’t simply one other frog-themed token. The builders plan to create a specialised layer-2 blockchain community for meme cash, addressing issues resembling excessive charges and sluggish transactions.
This layer-2 resolution may cut back these charges, making small trades extra viable for energetic merchants. Moreover, the community may pace up transactions from minutes to milliseconds, permitting merchants to capitalize on viral moments with out congestion.
Pepe Unchained’s early ICO success signifies robust investor curiosity on this thought. The challenge additionally presents huge staking rewards, at the moment yielding a formidable 408% APY, offering buyers with passive revenue alternatives that may double their funding.
Coinsult and SolidProof have totally audited the good contract, making certain its integrity. As with all new crypto challenge, Pepe Unchained might want to ship on its guarantees to keep up optimistic momentum after its launch. Nevertheless, it at the moment stands as an intriguing instance of innovation within the meme coin market.
To participate within the $PEPU token presale, go to pepeunchained.com.
PlayDoge (PLAY)
A brand new dog-themed meme coin, PlayDoge (PLAY), goes viral. This crypto gaming challenge on Ethereum is gaining traction in its presale section. PlayDoge combines meme cash, P2E gaming, and ‘90s nostalgia, attracting vital curiosity.
PlayDoge has raised a formidable $5.8 million in its presale regardless of the unpredictable market situations. Buyers are excited, however the market stays unforgiving. With $PLAY priced at $0.00521, its future efficiency is unsure.
PlayDoge encompasses a cell recreation with a digital Doge pet in 8-bit graphics. Gamers earn $PLAY tokens by feeding, taking part in with, and coaching their Doge, which they’ll commerce or stake.
Gamers can increase their $PLAY revenue via side-scrolling mini-games or by rating on the month-to-month leaderboard. Your entire ecosystem is designed to be simple to select up and play whereas on the go, interesting to each rookies and crypto veterans.
Along with the P2E recreation, PlayDoge presents a staking program for $PLAY holders, with present annual yields of 84%, considerably larger than most staking cash. SolidProof has audited PlayDoge’s good contracts, and the token presale is in full swing.
Go to playdoge.io to take part within the $PLAY token presale.
The Meme Video games (MGMES)
The Meme Video games (MGMES) is a standout crypto launch this yr, mixing meme cash with Olympic pleasure for a novel presale expertise. The challenge has raised over $200,000 since launch. $MGMES tokens are at the moment $0.00905, however the price will rise in 5 days, so this is perhaps your lowest likelihood to purchase.
The Meme Video games showcases high memes like Doge, Pepe, DogWifHat, Brett, and Turbo racing in a digital Olympic stadium. Buyers and meme followers can guess on the successful meme utilizing $MGMES tokens, with a 25% bonus on their tokens for proper bets.
The digital race will observe the $MGMES presale’s finish on September 8, aligning with the Paralympics closing. Bets are based mostly on presale purchases, with holders betting on one meme. The token launches on a DEX on September 10, 2024, which may entice sports activities followers and enhance beneficial properties.
Whereas presale buyers profit from the video games, long-term profit-seekers can stay up for staking perks. Merchants can “buy and stake” their tokens in The Meme Video games’ pool to earn a dynamic APY of 1,319%. Over 7.6 million $MGMES tokens have already been staked.
SolidProof has audited the challenge’s good contract, including substance to the hype surrounding this coin. To take part within the $MGMES token presale, go to memegamestoken.com.