2024 has been a considerably profitable year so far, thanks to the bullish momentum and an overall positive sentiment in the cryptocurrency market. However, experts believe that the rising market liquidity and investor confidence will prompt additional investment from traders and boost prices further.
In the run up to a profitable bull market ahead, crypto pundits speculate that memecoins like Pepe (PEPE), BOOK OF MEME (BOME), and Dogwifhat (WIF) are poised to rally. Meanwhile early stage tokens like NFT Finance (NFTFN) are expected to deliver 100x return to investors.
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Solana’s Rockstar Memecoins
The Solana ecosystem has given the crypto market some of the most popular memecoins. Dogwifhat (WIF), which launched less than four months ago, has witnessed rapid growth and is currently the third largest memecoin by market capitalization. At the time of writing, WIF was trading $3.3, with a market cap of over $3.3 billion.
BOME on the other hand, has been in existence for less than a month. However, this viral memecoin has reached a market capitalization of over $741 million. BOME has gained a whopping 1300% in just over two weeks, valuing it at $0.013. Crypto pundits speculate that despite their recent rallies, both BOME and WIF are poised for further gains in the next bull market.
PEPE Set To Rally?
PEPE boasts a market capitalization of over $2.7 billion, making it the fourth largest memecoin in the crypto market. Despite facing some volatility over the past week, PEPE’s daily trading volume has stayed steady at around $510 million, which is indicative of interest from investors. Based on PEPE’s meme worthiness and its unique status among dog themed memecoins, crypto pundits are projecting significant gains ahead of the bull market.
100x Profit With NFTFN?
NFTFN, a leader in the web3 fintech sector, is arguably the most promising altcoin that has emerged in 2024 so far. Its innovative approach towards NFT trading, and its emphasis on creating an inclusive trading ecosystem, has caught the attention of crypto enthusiasts and experts alike. NFTFN is backed by the likes of Polygon founder Sandeep Nailwal, who along with other investors raised $500k for the project.
NFTFN is currently in the second stage of its highly anticipated presale, where investors are eagerly lining up to buy the token for just $0.03 (supply capped at 1 billion tokens). As per analysts, NFTFN’s unique selling propositions and strong foundation position it for a potential 100x surge in the upcoming bull market.
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