Amid the broader crypto market’s uptick in price, meme coins have made a notable resurgence, drawing analysts to give their predictions on which ones could perform best.
Notably, three analysts have provided price predictions for the next crypto that they think could 10x. With that in mind, let’s examine these three projects and their forecasts.
Meme Kombat: Newly Launched Presale Token With GambleFi Utility
Currently, Meme Kombat is in its presale, presenting a timely opportunity to buy at a fixed, discounted price before it potentially explodes.
According to Jacob Bury, Meme Kombat could explode because it blends the viral nature of meme coins with the upcoming crypto gambling trend, making for an engaging and compelling project.
Essentially, Meme Kombat enables users to gamble on the outcome of AI-generated battles between meme coin characters. It boasts several sophisticated gambling mechanisms and single and multiplayer game modes. There will also be different seasons that will comprise new characters, battle modes, and rewards.
Users require $MK to wager on battles, providing a stable demand stream not seen with other meme coins.
Nevertheless, because it is a meme coin, it should go without saying that the Meme Kombat X feed is packed with viral memes that are engaging and relevant to ongoing market events.
This has led to significant presale success, raising $1.8 million in seven weeks. Investors can buy the presale for $0.205, but they must be fast as its price will rise in four days.
The second crypto to receive a 10x prediction is Dogecoin. This may be a surprise given its already significant $11 billion market cap. However, it is currently 90% from its all-time high (ATH), giving room for a 10x to reclaim it.
Analyst The Coach is confident that Dogecoin will regain its ATH, instructing followers not to “sell on the way up”.
However, The Coach has even alluded to higher gains in previous tweets. In a statement published on 16 November, he predicted that Dogecoin could even reach $1 in 2024. If accurate, this would equate to almost a 15x from its current price.
Dogecoin has gathered momentum this month after a long period out of the spotlight. The asset is up 34% in the last month, showing buyers are beginning to take control once again.
In another tweet, The Coach pointed out Dogecoin’s 3-day time frame price chart. The chart shows a descending triangle breakout, strongly indicating a reversal to the upside.
Much of its recent bullish momentum stems from an announcement from the Dogecoin team, which told the community that a physical Dogecoin will be sent to the moon in a DHL moonbox in December.
Solana has recently become a hotbed for meme coins, with market leader Bonk surging 1,600% this month. Currently, Bonk holds a $170 million market cap, and while there remains room for growth, much of its near-term upside is likely already realized.
However, another trending Solana meme coin with much more upside potential is Myro. It currently holds a $10 million market cap, which makes it volatile and potentially higher risk.
Nevertheless, analyst LegacyApe recently predicted it could 10x, pointing out it presents a better risk:reward ratio than market leader Bonk because of its lower market cap.
At the time of LegacyApe’s tweet, Myro had a $6.7 million market cap, so the price has already increased since then, but it still holds significant upside potential.
Myro refers to itself as “The Solana Foundations dog.” This is likely due to the success of other dog-related meme coins like Dogecoin and Shiba Inu.
In recent days, Myro’s pump has enabled it to amass significant hype, with it recently topping the DEXScreener and DEXTools trending lists. This was highlighted in a tweet by the Myro team, followed by a simple statement that said, “The bears are in denial.”