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meme coin You can explode with the highest percentage margins. This article highlights various meme tokens that are currently making waves on CMC and other exchanges.
Recent events in the cryptocurrency market have seen the global market increase by 0.5% to $1.847 trillion in the last 24 hours. Meanwhile, the memecoin market rose to $22.5 billion, up 1.1% from the previous 24 hours, thanks to the SEC’s approval of the Bitcoin ETF.
Current Best Meme Coins and New Meme Token ICO Calendar
Moreover, amid growing investor demand for lesser-known tokens, SPONGEV2 is gaining attention ahead of its upcoming exchange listing. Moreover, the acceptance of spot Bitcoin ETFs over the past 24 hours has led to significant gains in most meme coins.
outstanding actor, shiba inu, has surged nearly 12% since yesterday, reaching $0.0000104. Along with Shiba Inu, Dogecoin is on an upward trajectory, recording an 11% increase in the same period. SHIB and DOGE significantly increased their market capitalization, recording a combined spot trading volume of more than $1.1 billion.
1. Shiba Inu (SHIB)
Shiba Inu (SHIB) has achieved an important milestone by slashing another zero from its current trading value of $0.00001014. This reflects a 24-hour trading volume of $256,462,456.73 and a circulating supply of 590 trillion SHIB.
Clearing the concept of zero has become a symbolic celebration in the Shiba Inu community during the massive bull run of 2021. Moreover, this phrase implies that as the value of SHIB increases, it decreases to decimal places. This also indicates an increase in market value and investor interest.
Additionally, Shiba Inus have evolved into a mainstream meme coin. The token has garnered attention from developers building decentralized ecosystems, including the Shibarium L2 chain. Despite starting at $0.000000000056, SHIB reached an all-time high of $0.000084, representing an incredible 150,000x increase in just 8 months.
In response to this surge, Vitalik Buterin donated 10% of SHIB’s holdings to COVID-19 relief efforts in India, while the remaining 40% was permanently burned. Meanwhile, the donation, worth about $1 billion at the time, was one of the largest in the world.
🔥 Is it getting hotter here? Oh wait, we’re the only ones burning. $ceiling In just one month, we burned nearly 200 ETH worth of value.
TX details are in the first comment below. pic.twitter.com/YVEzb7SEPJ
— Shib (@Shibtoken) January 9, 2024
Additionally, the Shiba Inu team has been actively participating in token burning, recently burning 9.35 billion SHIB worth $92,953.36. This caused the daily burn rate to surge 28,659%, the highest in 2024, indicating a bullish start for the token.
2. Dogecoin (DOGE)
Dogecoin, currently priced at around $0.08, shows promising potential to surpass $0.1 in the next phase, especially after the approval of Spot Bitcoin. Moreover, this approval could take Dogecoin to new heights, erasing zeros from its value. Additionally, Dogecoin remains a top choice for investors seeking strong growth in the coming months.
However, in its derivatives operations, DOGE recorded a trading loss of 32%, or $1.33 billion, with recently opened short positions totaling $703.37 million, or 51.18%. The community’s optimism was further boosted by the announcement of the X platform’s P2P payment system. This raises hopes for Dogecoin payment integration.
Additionally, Dogecoin influencer @TOPDOGE007, who shared the news of the launch of X’s P2P payment service, expressed expectations that Dogecoin payments will be integrated.
Additionally, Elon Musk’s support for Dogecoin and his previous comments about integrating DOGE payments into X are consistent with the community’s expectations. These developments are poised to fuel a surge in DOGE price, attracting more investors to the token.
A community celebration celebrating Dogecoin’s 10th anniversary will be held on Spaces today at 6 PM CST. @djdoge69 – Join us for 10 years of Do Only Good Everyday and share your best memories as we remember where it all began. https://t.co/nSgkoB262d pic.twitter.com/8Jkp9u2dZg
— Dogecoin (@dogecoin) December 6, 2023
Bitunix also stands out as a popular centralized cryptocurrency exchange for those interested in trading DOGE. The most actively traded pair, DOGE/USDT, boasts a trading volume of $6,769,431 over the last 24 hours.
3. Kok Inu (COQ)
Coq Inu (COQ) quickly gained traction and hit an all-time high of $0.000001477 within its first week. Notably, this token experienced its most significant 24-hour price movement in USD on Thursday, surging $0.000000216064 (16.0%).
Additionally, the project’s ecosystem development has led to increased demand for Coq Inu, and some individuals have reportedly made significant profits by betting on this memecoin. Some of these developments set by the project team include:
- Introducing the Telegram sniper bot.
- Merger of COQ and Gambl.Computer
- Add mint
While the potential for profits may attract users, it is important to note that Coq’s creators themselves consider the project a shitcoin. The token’s creator published a disclaimer on its website, explicitly stating that Coq Inu has no intrinsic value and is provided purely for entertainment purposes.
Additionally, the price of Coq Inu (COQ) is $0.051535, reflecting a 24-hour trading volume of $11,646,431.97. This indicates that the price has fallen -7.31% in the last 24 hours and -1.93% in the last 7 days. Moreover, Coq Inu’s circulating supply is $69 trillion, giving it a market capitalization of $106,698,922.
Thanks to the generosity of an anonymous whale sponsor, the COQ Hackathon prize pool is now at 20 billion. $COQ.
Submitted on 24/15/01 4:20pm EST
Hackathon Judges: @gribbly_fire @CluckNorrisAVAX @luigidemeo @JohnNahas84
Let’s build! #0x420 #AVAX 🐓🔺https://t.co/UAFO7lh0kf pic.twitter.com/ca537e94Cv
— Coq Inu 🐓 (@CoqInuAvax) January 4, 2024
Additionally, centralized and decentralized exchanges provide options for those interested in trading COQ. KuCoin stands out as a popular centralized exchange hosting the most active trading pair, COQ/USDT, with a trading volume of $2,056,028 in the last 24 hours. Other notable choices include Dexalot and Trader Joe’s.
4. SPONGE V2 ($SPONGE V2)
Following Sponge V1’s market cap soaring from $1 million to over $100 million last year, the team is now looking to replicate this success with their next product launch. Sponge V2 Improved token economics. Moving beyond being a simple homage to SpongeBob SquarePants, Sponge V2 introduces a play-to-earn racing game to increase usability.
Moreover, anticipation for the launch of V2 is growing rapidly, as evidenced by the $4.3 million already invested in the token’s smart contracts. Investors have two ways to obtain Sponge V2 tokens: direct purchase and staking SPONGE in a staking contract on the project website.
📢Daily staking updates!
Today, a whopping 4,705,172,778 people $sponge Tokens are staked and have a total value of $3,944,150.86! 🤯
Plus, our holders enjoy an impressive 343% APY.
Don’t miss out on these amazing rewards! 🧽🧽🧽#AltSeason #SpongeV2 #Cryptocurrency pic.twitter.com/b4i7vD0uTY
— $SPONGE (@spongeoneth) January 12, 2024
Additionally, staking previously held Sponge V1 tokens will increase V2 rewards, creating a staking craze. However, any Sponge V1 sent to the smart contract will be permanently locked, making the transition to V2 seamless.
With solid brand recognition, solid enthusiasm, and real gaming utility, Sponge V2 has the essential ingredients for a potential meme coin launch. Moreover, with an exchange listing imminent, it has the potential to mimic the parabolic rise BONK witnessed last year.
The Sponge V2’s unique combination of features positioned it as a contender to fuel subsequent retail crazes. But with BONK off its peak, the stage is now set for a new meme token to step into the spotlight. Sponge V2 It looks like it will take center stage.
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