Top Meme Coins To Buy March 26 – DogWifHat, Coq Inu, FLOKI
The cryptocurrency has gotten a boost after Bitcoin crossed the $70k mark. It indicates that bulls are back in control, and the next bull cycle could be underway. This means altcoins have the potential to start recording exponential returns on investment, and they are already beginning to show positive signals.
Meme coins mainly show bullish solid momentum, with some up by over 20% or more in less than 24 hours. With such momentum building up, it is only natural to wonder, which is the best meme coin to buy today?
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This is the question we seek to address in this article. The article answers this by looking at meme coins showing a solid build-up in momentum and having strong communities backing them up. That’s because these factors will likely trigger FOMO and take such meme coins to new all-time highs as momentum builds up.
Best Meme Coins To Buy Now
In this section, we take a closer look at meme coins that hold the potential to perform well now that bullish momentum is on the rise across the cryptocurrency market. The article touches on DogWifHat for the fact that it has a strong community and a low token supply, FLOKI’s parabolic growth potential driven by the recent token burn and strong growth potential, PEPE and its surging volumes pointing to more upside, and Dogecoin’s increasing probability of hitting $1 now that Elon Musk is turning X into an everything app.
The article also looks at Coq Inu and the momentum it is building up by being the most visible meme coin on the Avalanche network.
DogWifHat (WIF)
DogWifHat (WIF) is one of the top meme coins leading the way in gains after Bitcoin’s breakout. If Bitcoin continues its surge now that it has broken the $70k resistance, several factors could help drive DogWifHat to new highs. The most important one is DogWifHat’s low token supply of 998,920,173.
$wif is now being advertised in Miami pic.twitter.com/SpduGlrwNl
— Mr.Wzrd✨ (@0xMrWzrd) March 20, 2024
With such a low token supply and DogWifHat’s highly vibrant and dedicated community, the odds are that this meme token will capture most of the volumes flowing into the meme coin space. It is already sending such signals, with volumes up by over 150% in the last 24 hours. This is an undervalued meme coin today, with speculation that Bitcoin could be headed to $100k in the coming weeks.
FLOKI (FLOKI)
FLOKI (FLOKI) is another popular meme coin that has led the market in gains over the last 24 hours. With FLOKI’s volumes surging by more than 170% in just hours, the signals are there that a parabolic price run is underway. The critical factor that could see FLOKI outperform the broader market, including other meme coins, is its token burns.
$55.26 MILLION+ IN $FLOKI BURNED SO FAR IN MARCH THROUGH STRONG UTILITY DEMAND
A total of 214,774,104,953 $FLOKI tokens, worth $55,261,377.2 at the time of writing, have been burned so far in March.
That’s more burns than $DOGE, $SHIB, $PEPE, $WIF, $BONK and other top… https://t.co/JtSkD5RapL pic.twitter.com/wg5JZrwthh
— FLOKI (@RealFlokiInu) March 25, 2024
The FLOKI team seems keen on decreasing the number of tokens through burns and recently burned a trillion tokens. This has excited the FLOKI community because it means, going forward, the rising demand for FLOKI will be chasing a shrinking supply. This will likely drive FOMO as investors expect the decreasing supply to boost the price potential exponentially. Even better is that FLOKI is not your ordinary meme coin.
It also has strong fundamentals, including a fast-growing DeFi ecosystem and NFT marketplace. FLOKI’s use cases are pretty evident because the total value locked in FLOKI is now higher than the total amount locked in the top 5 meme coins combined, including PEPE, Dogecoin, and Shiba Inu. With such fundamentals, it is easy to see why FLOKI is among today’s hottest meme coins.
PEPE (PEPE)
PEPE (PEPE) has made quite a strong showing in the last 24 hours, sending clear signals that it has the potential to outperform the broader market. That’s despite PEPE’s recent rally, which saw it gain more than 1000% this year.
The circle will be complete
pic.twitter.com/QkT7K9QBJF— Elon Musk (@elonmusk) March 25, 2024
The surging buying volumes that have been up by more than 100% in the last 24 hours point to strong demand, and that’s a good signal that Bitcoin seems to have triggered the beginning of the next crypto rally. The surging volumes are a pointer to investors’ faith in PEPE as an investment. With Ethereum trading fees having gone down post-Dencun and PEPE now available on other networks such as Binance chain, the odds are that this token stands out as a high-potential meme coin to buy and hold today.
Dogecoin (DOGE)
Thanks to its close association with Elon Musk and his company, Dogecoin (DOGE) can’t miss among the top meme coins to buy today. Dogecoin is the only cryptocurrency that Tesla accepts for payments.
The circle will be complete
pic.twitter.com/QkT7K9QBJF— Elon Musk (@elonmusk) March 25, 2024
Elon Musk recently announced that he is building X into an Everything App, which means lots of payments will be made through the app. Since Musk’s other business – Tesla accepts DOGE; speculation is rife that Dogecoin will be a part of the superApp that Elon Musk wants to make out of X. This is likely to drive significant bullish momentum and could see it test prices as high as $1. Such potential is evident in Dogecoin’s signals on the monthly charts, which it last showed when it rallied to a high of $0.77.
Coq Inu (COQ)
Coq Inu (COQ) is another top meme coin with a price breakout in the last 24 hours. While it may seem like just another meme coin, Coq Inu stands out because it is the most visible meme coin on the Avalanche network.
$COQ Thesis:
– Coq jokes are universal 🐓
– The Coq is the national bird of France (population of 68 million people) 🇫🇷
– Suitable & relatable for everyone. COQ is French for Rooster & Inu is Japanese for Dog. Offers the humorous “In U” double entendre as well. 🇯🇵🇫🇷
— Wojak Satoshi (@WojakSatoshi) March 25, 2024
This has seen it gain a lot of attention from the Avalanche community, a factor that has given it strong upside momentum recently. Thanks to this market visibility and the fact that Avalanche is a low-fee yet highly stable network, the odds are that Coq Inu could see a build-up in FOMO as the market continues trending higher.
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Kamal Masri
Kamal is an experienced financial analyst with a demonstrated history of working in the Financial Market. Skilled in Equities, Capital Markets, Portfolio Management, Risk management, and Corporate Finance. Kamal has worked at some of the leading online finance publications providing his expert knowledge on cryptocurrency. Kamal has written widely on digital assets across the stock and crypto media space and beyond, including for Coindesk, Ethereum World News and The FinTech Times.
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