As the majority of assets in the cryptocurrency market enter the green trading trend, it seems that the period of bearishness is finally over, and the meme coin part of the sector is no exception, with some of its members presenting a particularly lucrative opportunity.
Indeed, the next crypto bull run seems to be underway, and Finbold has analyzed the market to identify several meme coins that any crypto trader and investor should consider introducing into their portfolio to maximize their gains in the upcoming period of bullishness.
Gigachad 1-year chart. Source: CoinsKid
At the moment, GIGA is changing hands at $0.01259, recording a 6.37% increase on the day, climbing 14.96% over the week, while accumulating an impressive 598.61% growth in the last month, according to the most recent chart data retrieved on July 17.
Gigachad 7-day price chart. Source: CoinMarketCap
#2 Based Brett (BRETT)
Meanwhile, Based Brett (BRETT) has recently formed a bull flag on its daily chart, and professional crypto trader Ali Martinez has argued that a “sustained close above $0.15 could potentially propel BRETT by 300% to $0.63,” in an X post published on July 15.
BRETT price action analysis and prediction. Source: Ali Martinez
For now, the price of BRETT stands at $0.1373, which represents a decline of 1.15% in the last 24 hours but nonetheless, a gain of 11.15% over the previous seven days, as it moves to reduce the loss on its monthly chart to 5.20%, according to the most recent information.
BRETT 7-day price chart. Source: CoinMarketCap
#3 Dogwifhat (WIF)
Interestingly, Dogwifhat (WIF) has been so successful in 2024 that it has attracted mainstream attention, including that of Forbes, which named it as the best-performing crypto asset in the first half of the year, causing the meme coin to skyrocket even further. As Forbes wrote:
“Dogwifhat, an aptly named token whose logo is a Shiba Inu in a knitted beanie, is the top returner of the roughly 70 coins with market caps over $1 billion, gaining about 1,300%.”
Currently, WIF is trading at the price of $2.18, suggesting a 0.62% dip on its daily chart but still advancing 31.15% in the past week, reducing its monthly accumulated decline to 8.10%, according to the latest CoinMarketCap data accessed on July 17.
Dogwifhat 7-day price chart. Source: CoinMarketCap
#4 MAGA (MAGA)
Somewhat unsurprisingly, the Donald Trump-themed meme coin MAGA (MAGA) made a massive movement after the assassination attempt against the former United States President, and although it has now consolidated below $8, it shows it has major potential, especially if Trump wins the election in November.
?? Donald Trump themed memecoin $MAGA soars by nearly 40%. ?
— Bitcoinsensus (@Bitcoinsensus) July 14, 2024For the time being, MAGA’s price stands at $7.47, which indicates a 5.85% drop across the past 24 hours, a substantial weekly increase of 25.02%, as it moves to lessen the 30.03% drop on its monthly chart, as per the most recent price information.
MAGA 7-day price chart. Source: CoinMarketCap
#5 Dogecoin (DOGE)
Finally, the pioneer in its field, Dogecoin (DOGE), continues to take center stage in the growing meme coin arena, with pseudonymous crypto market expert Mikybull Crypto observing that there is “a post-halving wave of rally brewing” for DOGE in an X post on July 17.
Dogecoin price action analysis and prediction. Source: Mikybull Crypto
At press time, Dogecoin was changing hands at the price of $0.12455, recording an increase of 1.96% in the last 24 hours, adding up to the more significant 14.16% advance in the previous seven days, as it moves to recover from the 7.01% loss in the past month.
Dogecoin 7-day price chart. Source: Finbold
Conclusion
All things considered, the above-listed crypto meme assets indeed have a strong chance of making it big in the next bull run. However, things in this industry can sometimes change on a whim, so doing one’s own research and understanding all the risks is important when investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
