Donald Trump Memecoin ‘MAGA’ Hits All-Time High – The 5 Next Meme Coins To Explode

The post Donald Trump Memecoin ‘MAGA’ Hits All-Time High – The 5 Next Meme Coins To Explode appeared first on Coinpedia Fintech News

Donald Trump, the former president of the United States of America, is believed to have a soft spot for cryptocurrencies. The Trump campaign organization has publicly accepted meme coins and other digital assets. MAGA, one of the top meme coins associated with Trump’s name, has set a new ATH price record. The coin which got its initials from Trump’s slogan, “Make America Great Again, “ has been on a bull run. However, these meme coins aim to match $MAGA’s growth potential – KangaMoon, Dogecoin, Pepe, Floki, and Bonk.

While many of these are popular in the meme coin market, KangaMoon is new and expected to surpass others when listed in CEX exchanges. 

KangaMoon: The Hottest Memecoin to Buy in 2024 

KangaMoon (KANG) is set to dominate the meme coin space this year. The KangaMoon presale has seen over 10,000 buyers, and over 32,000 people have signed up in the community. Early buyers of KANG, the KangaMoon native token, have gotten 400% ROI as the price moved from $0.0050 to the current price of $0.025. Notably, the team has raised over $7M in presale which could hit $10M soon. 

What could be triggering this rally? Some analysts attribute the rally to KANG’s strong use case and whale activity. Unlike other meme coins that thrive on hype, KangaMoon has real utility. The KANG token is the currency of the ecosystem and is used to reward gamers. For context, the KangaMoon ecosystem is made up of GameFi and SocialFi structures, which combine to give users a seamless experience. 

With play-to-earn, users can connect with gamers globally and engage them in fights to test their skills. Also, the SocialFi model allows users to engage in weekly, monthly and quarterly challenges and win prizes. The team recently partnered with RaidSharksbot to boost engagement. At the same time, they unveiled the Kangameme contest, in which winners are also rewarded. 

Notably, the team has announced that KANG will hit exchanges soon, with BitMart set to list it in the coming days. Users can also track the market performance in CoinMarketCap and CoinGecko, as the coin is already listed on these platforms. With its surging momentum, KANG is one of the best meme coins to invest in June. As such, we recommend you check it out now. 

Dogecoin Market Cap to Hit $30B in June

Dogecoin (DOGE) is one of the top meme coins projected for a bull rally in June. Unlike other meme coins, Dogecoin wasn’t launched to solve an existing problem – it is an innovation developed to mimic Bitcoin. Despite this, Dogecoin has captured the interest of many people who see it as a valuable digital asset.

In the past few weeks, many companies such as Tsela have adopted DOGE as a means of payment. The token that came to the limelight from Elon Musk’s tweets has witnessed massive adoption over the months. In the past few days, the Dogecoin price has jumped after Billionaire CEO, Musk tweeted a tribute in honor of the late Kabosu, the Shiba Inu behind the popular DOGE meme who passed away last week. 

According to CoinMarketCap data, Dogecoin’s price gained 15% in the past month, and investors believe it will perform better in June. The Dogecoin market cap, which sits at the 8th position in the market, is projected to hit $30 billion in June as interest spikes. With the Dogecoin price currently trading above the 50-day and 200-day SMA, $1 is achievable in June.

Pepe Price Prediction: Could $0.000050 Be on The Horizon?

Pepe Coin (PEPE) is among the meme coins to watch in June after the latest market rally. Launched in April 2023, Pepe has become one of the most traded meme coins in the meme coin market. The Pepe trading volume is over $2.6B, and its market cap is over $7B, signalling massive adoption by whales. 

Pepe coin comes with several unique features, including the deflationary mechanism. With this feature, a small portion of PEPE tokens is burned to create artificial scarcity. Also, there is an amazing redistribution system where certain portions of transactions are distributed to every token holder. The aim of this is to foster better engagement and encourage long-term holders.

Meanwhile, there has been massive whale activity in the past weeks. Market data shows that Pepe’s price has surged by over 1000% in the past year. Zooming in, Pepe has gained 139% in the past month and 79% in the past week. Analysts attribute the spike to Ethereum ETF approval, which boosted the price of Ethereum-based meme coins. Pepe’s market sentiment is bullish, and analysts expect it to match the MAGA rally soon. 

Floki Trading Volume Surges After Massive Token Burn Activity

Floki’s (FLOKI) continuous positive bull run has gotten the attention of many investors. Experts see it as one of the top meme coins to invest in now for massive gains. Floki Coin is popular and has a great online community of around 500k token holders.

The interest in Floki tokens across the meme coin market has spiked in the past few days. The recent Floki news shows that Floki DAO, the organization behind the Floki meme coin has completed the burning of 15.24B FLOKI tokens after the community voted in favour of the burn. The Floki price is already reacting positively to the news with the token gaining 61% in the past month and 45% in the past week based on CoinMarketCap data. 

The Floki technical indicators are showing bullish signals with the coin trading above the 50-day and 200-day SMA. Analysts believe the Floki price will surpass the ATH of $0.00034 it reached in November 2021 in the coming weeks. Most Floki price predictions tip the coin to gain 20x in June. As such, if you are looking for a meme coin to buy now, Floki should be on your list. 

Bonk Price Prediction –  Could it reach $0.00009 by June?

Bonk (BONK) is another top meme coin that investors should keep an eye on.  Bonk is a unique coin that can be traded on different online platforms. However, Bonk has a unique tokenomics that is tied to its amazing burning feature. This burning feature aims to increase Bonk’s value over time, which has been successful. 

Based on CoinMarketCap stats, the Bonk price skyrocketed by over 9000% in the past year as the meme coin market witnessed massive adoption. The Bonk trading volume is over 730M, signalling massive trading activity. Meanwhile, the Bonk market cap is now closer to $4M. With the massive interest in Solana-based meme coins, Bonk will likely set a new ATH record in June. 

The majority of Bonk’s key market indicators are bullish with the Fear and Greed index showing greed (75). This shows massive whale activity. Based on analysts’ Bonk price predictions, it is projected that the price of Bonk will reach $0.00009 within June. This makes it one of the best meme coins to accumulate ahead of the altcoin season. 

Which of the Meme Coins To Invest in Now?

The above meme coins have the capacity to witness massive rallies in the coming weeks. With the approval of Ethereum ETF and the upcoming altcoin season, most of the meme coins will do 20x in the coming weeks. KangaMoon’s upcoming listing and launch in the coming weeks could see it return over 50x in the coming months. While investing, it is wise to conduct more research, as this is not investment advice.