This article analyzes several of the top meme coins, and provides bullish market targets for the next six to twelve months.
The analysis is based on a technical approach, incorporating Fibonacci extension zones and historical all-time highs.
Additionally, the article explores the top three crypto pre-sales today that could deliver bullish returns when they launch this year.
Dogecoin (DOGE)
Dogecoin is a starting point due to its more obvious historical price reference, unlike other meme coins like Pepe and Bonk, which have already peaked in this cycle. Its previous all-time high of $0.73 provides a strong benchmark compared to its current price of $0.13.
Reaching this previous peak would result in a massive 6x return on investment. Potential targets include the initial high of this cycle at $0.22, the original all-time high, and the midpoint between the Fibonacci extension and the all-time high, which is around $2.11.
This last target represents a potential return of 17x, a promising figure considering the upcoming market cycle.
Shiba Inu (SHIB)
Shiba Inu (SHIB) has seen a significant price surge in its latest round. To predict potential targets for the next round, a simple Fibonacci extension from the previous low to the all-time high will be used. The first target is the peak of this latest round at $0.00004518.
The second target is in line with the all-time high around $0.00008966. Finally, the center point of the Fibonacci extension zone acts as a potential new target for SHIB’s all-time high. These targets offer promising upside potential.
Brett Bassed
Brit is a unique coin that is gaining significant momentum on Base Chain. As one of the first coins to establish itself on this cheaper alternative to Ethereum, it shows great potential. With a current market cap of $1.4 billion, Brit has proven its ability to rise quickly.
Gains of 10x to 20x on the investment are possible, which equates to a staggering 900% return if the 10x mark is reached. This would put Brett at $1.31, a very achievable target for the upcoming altcoin season.
To manage expectations, three price targets have been set: a conservative estimate of around $0.30, a more aggressive estimate of $0.63, and an ambitious 10x target of $1.32.
Top Crypto Presales to Watch – Pepe Unchained, PlayDoge, and The Meme Games
Looking for your next big crypto investment? Consider exploring these promising presale projects. With the potential to mirror the success of established meme coins, these new projects could offer high returns for early investors.
Baby Unrestricted (PEPU)
While established meme coins are starting to recover, a new coin called Pepe Unchained (PEPU) has entered the market with a fresh approach. The project has raised over $4.5 million in its initial coin offering, catching the attention of retail investors.
Great news on Saturday! We raised $4.5 million!
Pepe Unchained is breaking barriers and making waves 🐸⛓️ pic.twitter.com/3hK6JyGOy4
— Pepe Unchained (@pepe_unchained) July 20, 2024
Pepe Unchained isn’t just another frog-themed token. The developers plan to create a dedicated layer 2 blockchain for meme coins, to address issues like high fees and slow transactions.
This layer-two solution could potentially lower these fees, making small trades more viable for active traders. Additionally, the network could speed up transactions from minutes to milliseconds, allowing traders to take advantage of viral moments without congestion.
The early success of Pepe Unchained’s ICO indicates strong investor interest in the idea. The project also offers huge staking rewards, with an annual return currently at 408%, providing investors with passive income opportunities that can double their investments.
The smart contract has been fully audited by Coinsult and SolidProof, ensuring its integrity. As with any new crypto project, Pepe Unchained will need to deliver on its promises to maintain positive momentum after its launch. However, it currently represents an interesting example of innovation in the meme coin market.
To participate in the $PEPU pre-purchase offer, visit pepeunchained.com.
Play Dog
A new cryptocurrency called PlayDoge (PLAY) based on a dog character is gaining traction in its presale. Combining meme coins, P2E gaming, and 90s nostalgia, PlayDoge is attracting a lot of attention.
PlayDoge has raised an impressive $5.8 million in its presale despite unpredictable market conditions. Investors are excited, but the market remains tough. With $PLAY priced at $0.00521, its future performance is uncertain.
PlayDoge features a mobile game featuring a virtual pet Doge with 8-bit graphics. Players earn $PLAY tokens by feeding, playing with, and training their Doge, which they can trade or bet on.
Players can supplement their $PLAY income through side-scrolling mini-games or by ranking up on the monthly leaderboard. The entire ecosystem is designed to be easy to pick up and play on the go, appealing to both beginners and crypto pros.
In addition to P2E gaming, PlayDoge offers a staking program for $PLAY holders, with a current annualized return of 84%, significantly higher than most staking cryptocurrencies. SolidProof has audited PlayDoge’s smart contracts, and a token sale is currently in full swing.
Visit playdoge.io to participate in the $PLAY presale.
Meme Games (MGMES)
Meme Games (MGMES) is a unique crypto launch this year, combining meme coins with Olympic excitement for a unique presale experience. The project has raised over $200,000 since its launch. MGMES tokens are currently valued at $0.00905, but the price is set to rise in 5 days, so this might be your lowest chance to buy.
Meme Games showcase top memes like Doge, Peppe, DogWifHat, Brett, and Turbo racing in a virtual Olympic stadium. Investors and meme fans can bet on the winning meme using $MGMES tokens, with a 25% bonus on their tokens if they make correct bets.
The virtual race will follow the end of the MGMES pre-sale on September 8, coinciding with the conclusion of the Paralympics. Bets are based on pre-purchases, with holders of the token betting on a single meme. The token will launch on the DEX on September 10, 2024, which could attract sports fans and increase profits.
While pre-sale investors benefit from the games, long-term profit-seekers can look forward to staking privileges. Traders can “buy and stake” their tokens in The Meme Games pool to earn a dynamic annual return of 1,319%. Over 7.6 million $MGMES tokens have already been staked.
SolidProof has audited the project’s smart contract, adding substance to the hype surrounding the coin. To participate in the $MGMES token presale, visit memegamestoken.com.