Meme coin Dogwifhat (WIF) price explodes 50%, but what's the next big crypto to buy? The meme coin market is buzzing with new prospects, including Meme Games ($MGMES), Shiba Shootout ($SHIBASHOOT), PlayDoge ($PLAY), and WienerAI ($WAI), each enticing investors with various unique features
With the explosive surge of Dogwifhat (WIF), the meme coin market is trending again.WIF has climbed close to 50% on the monthly chart, outperforming Pepe, Dogecoin, Shiba Inu, and Bonk. As the crypto fear and greed index turned greener, WIF marked a dramatic rise to a $2.8B market cap, before it cooled off at around $2.6 billion.How high can WIF go?
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But the price is still around 45% down from the all-time high of $4.85, hit during the pre-halving rally of late March. The Solana meme coin has the potential to sustain the rally for a few more days.
It is currently the world’s 36th-largest crypto coin and fourth-largest meme coin, only behind Pepe, Shiba Inu, and Dogecoin.
Spotlight WireDogwifhat monthly price action, CoinMarketCapIf the broader market dynamics stay favourable, Dogwifhat could touch $3.5 soon.
The developments leading up to the US presidential election have worked in favour of the crypto market. The bullish wave is expected to sweep across the market toward August.
But WIF is unlikely to sustain the spotlight for long. As it frequently happens in the meme coin market, another meme coin is set to take centre stage soon.
Which is the next big crypto to buy? Here are the top four picks.
1. Memes Games ($MGMES) – Next meme coin to watch
The crypto market is welcoming the Paris Olympics 2024 with a new project.Meme Games ($MGMES is a gamified competition set to host the hottest meme coin race of the year.
Here, five iconic meme coins compete against each other in a 169m Sprint. Each meme coin represents a different country.
Spotlight WireThe contenders are Dogecoin, Pepe, Dogwifhat, Brett, and Turbo.
A massive 25% presale token multiplier awaits winners.
The presale games conclude on September 8, 2024, along with the Paralympics.
To get in on the action, investors need $MGMES tokens. In the ongoing presale, they are available for fixed discounted prices.
Winners are selected randomly by the blockchain to ensure fairness.
https://x.com/MemeGames2024/status/1815373166862057946
Since there are no minimum purchase limits, the flexibility allows investors to buy $MGMES tokens multiple times. It is a great way to boost the chances of winning.
Crypto staking offers another avenue for reward.
Staking is integrated into the gamified reward model, with 10% of the total supply allocated for staking rewards. 9.3% is set aside for game winnings.
As the Paris Olympics heats up, $MGMES is set to make waves in the meme coin market.
Buy $MGMES tokens
2. Shiba Shootout ($SHIBASHOOT) – best meme coin to buy now
Shiba Shootout is an exciting new player in the video gaming market.It penetrates the fertile meme coin community with a gripping theme set against the crypto Wild West.
The unique mobile crypto gaming experience features wild Western combats. The epic gun battles are waged in the town of Shiba Gulch, under the leadership of Marshal Shiba.
The viral theme underpins the growing traffic to the $SHIBASHOOT presale, which is on its way to $1 million.
Spotlight WireThe game is available for download on App Store and Google Play.
“Face off against formidable opponents in intense duels, using your quick reflexes and sharpshooting skills to outdraw your rivals,” notes the game description.
Skilled crypto enthusiasts ride alongside the charismatic Marshal Shiba. Sharpshooters are meme creators who have joined Marshal Shiba in the high-stakes battles.
The $SHIBASHOOT launch, likely to align with the next bull cycle, could trigger a meme coin pump. An attractive staking system (up to 1300% APY) is now live to stimulate presale interest and curb early sell-offs.
A thrilling P2E experience, combining high-stakes gameplay with meaningful rewards, sets Shiba Shootout apart from the crowd of meme coins.
Buy $SHIBASHOOT tokens
3. PlayDoge ($PLAY) – Retro gaming craze reignited
PlayDoge ($PLAY) blends nostalgia, play-to-earn, and the viral Doge craze.The presale, now edging towards $6 million, hints at the massive potential of PlayDoge.
The P2E Doge Companion Game reignites the Tamagotchi phenomenon of the 90s.
Here, players care for virtual Doge pets in a retro 8-bit universe. They can collect points as they progress through mini-adventures and trade them for $PLAY tokens.
Spotlight WireA staking system is also part of the compelling incentive structure. It best suits passive investors.
While the meme coin theme is driving $PLAY presale FOMO now, the P2E utility will come into full focus over time after the token launch. The release of the PlayDoge app and mini-games is much-awaited. They bring the project's core utility to the forefront.
In a recent video, crypto influencer ClayBro featured the mobile-based play-to-earn (P2E) game.
The PlayDoge community has expanded to more than 11,000 members on Telegram already.
Buy $PLAY tokens
4. WienerAI ($WAI) – Hot crypto to buy now
WienerAI is a new meme coin that redefines the genre with its AI superpowers.The WienerAI community has exploded to more than 15K users on Twitter, thanks to the hilarious memes centred around the cybernetic dog.
But WienerAI is more than a social media sensation. The powerful tool is designed to empower traders with quick research and insightful decisions.
Spotlight WireThe crypto trading bot springs into action and distils relevant data from the internet clutter. Suitable for investors of all levels and scales, WienerAI lowers the entry barrier to crypto trading.
The presale is scheduled to end on July 31st, having raised over $7 million already. $WAI tokens are now selling for just $0.00073 per unit.
Post-presale, $WAI will only be available on exchanges. The series of upcoming listings can potentially drive up the price as speculative and utility demand continues to grow.
Buy $WAI tokens
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This story originally appeared on: India Times - Author:Faqs of Insurances