Shitcoin season is well and truly upon us – every day, investors are making 10x gains by buying and selling trending coins on DEXTools, with new tokens like Pepe 2.0 seen huge price rises.
This article looks at the top meme coins that are trending and which ones could be ready to explode next.
Zoomer is the highest daily gainer on DEXTools, up 379% in the last 24 hours. After launching on 30 June, the price pumped before a substantial pullback. However, buyers have shown their strength, rallying behind the coin and causing the price to make a second higher high.
The project has a $2.88 million market cap, 1.47K holders, and a 24-hour trading volume of $3.1 million.
According to its website, Zoomer is “onboarding zoomers into brypto one step at a time”. While it currently presents no utility, it seems the team could be laying the table to implement new features if the project continues to succeed.
AK is currently the second-highest gainer on DEXTools, up 373% in the last 24 hours. After launching yesterday, the coin has pumped to a market cap of $478K and a 24-hour trading volume of $1.04 million.
The price is currently correcting, down 81% from its all-time high (ATH). Whether it bounces or continues to trend downward remains to be seen, but there is no sign of a reversal yet.
In the last hour, 20 ETH worth of sell pressure has occurred, with just one buy order of 0.0159 ETH. Still, this could be a healthy correction after a significant pump.
Pepe 2.0 aims to fix the Pepe meme coin’s mistakes and is the top trending crypto on the DEXTools trending list. Currently, on the DEXTools trending list, Pepe 2.0 is followed by, you guessed it, Pepe.
Pepe 2.0 is currently up 41% in the last 24 hours after a significant sell-off beginning on 29 June. The token launched on 28 June, aiming to give investors a second chance to profit from a Pepe run. It has 10K holders and a $18 million market cap.
As seen on the PEPE2.0 price chart above, the price formed a double bottom at a previous support level and has begun recovering. Still, it remains to be seen if the momentum will continue or whether this is a “dead cat bounce”.
After launching on 1 July, Son of Pepe quickly rose to prominence on the DEXTools trending list. After a colossal pump, the price entered a compression phase. This is where volatility reduces, with higher lows and lower highs.
The price is no longer on the DEXTools top gainer list but remains the fourth-highest trending coin.
The SOP price chart above shows that the price has recently broken out from its compression zone. A well-known trading rule is that expansion usually follows compression.
Son of Pepe has already amassed 11.5K Twitter followers and 1.24K holders. Considering it is just two days old, this is a significant indicator of a strong community and could mean a move to the upside is imminent.
What Meme Coins Could Trend & Explode Next?
Many of the coins which have risen to the top of DEXTools trending lists have already pumped. Generally, the proceeding pumps will be less profitable than the initial ones. However, we have identified two presale shitcoins yet to be listed on DEXTools.
Since they are in the presale stages, they are available at a fixed price and can only explode once they are listed on exchanges.
Wall Street Memes Presale Nears $12m – Could it be the Next Big Meme Coin?
Wall Street Memes is a popular new meme coin that has just surpassed the $12 million mark in its presale. The presale has a $30,577,000 hard cap, and the project is touted to be one of the biggest meme coins following its exchange launch.
Investors and analysts are bullish on Wall Street Memes because it already has an online brand with over one million followers. It was created in 2021 and began posting stock and crypto memes across Twitter, Instagram and other social platforms.
Also, in 2021, the Wall Street Memes team launched an NFT project – Wall St Bulls. The project sold out in 32 minutes and raised over $2.5 million.
Another reason for the market’s bullishness on Wall Street Memes is that the Dogefather Elon Musk has engaged with the project’s Twitter account on multiple occasions. As we saw with the price of Dogecoin, Musk’s support can propel a meme coin’s price to unprecedented heights.
Thug Life Also Attracting Attention with 14 Days Left to Buy on Presale
Thug Life is another new presale meme coin that is currently surging. Its website says it is a “movement fueled by humour, brotherhood, and the struggle of hustlin’ in this crypto game”. Essentially, it aims to make light of missed meme coin opportunities.
One thing that makes the Thug Life presale stand out is that it is a small-cap meme coin with a market cap at its exchange launch of $2,058,000.
The team’s goal for Thug Life was to create a truly-community driven project. This is illustrated by its entire presale priced at $0.0007. Thug Life’s aim of a single presale price is to prevent dumping at launch. Instead, it aims to build a long-lasting community that believes in the project.
After launching last week, Thug Life has already caused a stir on social media, fostering over 2.8K followers and getting over 1K likes on multiple tweets.
So far, the presale has raised $280K, but investors must be quick as the hard cap is set at just $2,058,000.