As the market approaches another potential bull run, find out what strategic investors are adding to their watchlists now. Established players like Dogecoin and Dogwifhat are poised for potential gains, while Pepe Unchained, a new Layer-2 network focused on meme coins, is generating excitement with its presale and innovative features
The crypto market is expecting the arrival of another turbocharged bull run. The excitement has spilled over into the meme coin market. Strategic investors are not ready to wait until a break-out–– they’re already filling their portfolios.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Below are some cautiously optimistic price predictions for three of the hottest cryptos of this season.
1. Dogwifhat (WIF) price prediction
Dogwifhat looks like any other meme coin. The project is not adventurous in theme or utility. In fact, it banks on overused dog coin themes such as Dogecoin, Shiba Inu, and many others.WIF’s only striking feature is a hat. It is a meme coin with a hat. And that makes the difference, along with its Solana label.
Spotlight WireDogwifhat (WIF) all-time price action, source: CoinMarketCap
Dogwifhat had a strategic launch in late 2023, when Solana meme coins were gaining traction. It capitalised on the trend to climb up the charts and soon became an internet sensation. Now it is one of the top meme coins with a market cap above $3 billion.
While Dogecoin has recorded gains of over 250% in one year, and that is great, Dogwifhat has jumped more than 1,000% in a shorter time. At one point, WIF outstripped Pepe to become the third-largest meme coin. Although Pepe has reclaimed its position since then, Dogwfithat is still a favourite among degens.
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Whether WIF can fight the growing competition in the market remains to be seen. But it is a top altcoin to keep an eye on in the next meme coin pump. From an optimistic view, WIF could climb to $4.
2. Dogecoin (DOGE) price prediction
Dogecoin ($DOGE) is the original meme coin. That cements its market value. With the crypto market preparing for another surge, the DOGE community is pushing for a year-end rally.Speculation around DOGE’s price action has ramped up. Some influencers have set aggressive targets for the coin. According to crypto influencer Ali, Dogecoin could reach anywhere from $3.95 to $23.26 in the next rallies.
Given that DOGE is now selling a little over $0.3, and it already has a gigantic market cap above $50 billion, $23.26 seems a wildly ambitious goal. It is out of reach at this point.
Dogecoin’s all-time high (ATH) is $0.7376. Although it is currently 45% down from the ATH, there is room for optimism.
If DOGE builds strong momentum in the first quarter of 2024, it could see a return to its former highs. The long-awaited $1 mark—though a challenge—remains within the realm of possibility. However, growing competition from emerging new meme coins is likely to dampen DOGE’s hopes.
As it happened in early 2024, they could steal the spotlight from meme coin giants like DOGE and SHIB this season too. Relatively newer meme coins like PEPE, WIF, and POPCAT are not safe either, thanks to their heavy market caps.
3. Pepe Unchained (PEPU) price prediction
Pepe Unchained has raised over $40 million in its ongoing presale. It might seem like just another colourful meme coin on the surface, but there is more beyond the humorous façade.Pepe Unchained is creating a Layer-2 network that could bring more speed, efficiency, and fun to the wild meme-coin market.
Layer-2 networks work like express lanes on a busy highway. They offload transactions from the main blockchain. Pepe Unchained is fine-tuning this feature for the meme coin crowd. It caters to both thrill-seeking traders and serious investors.
In the white paper, Pepe Unchained’s branding cheekily declares: “PEPE Unchained means better speed, better rewards, and the same delicious Pepe flavour you've come to love.”
Spotlight WireThe project has launched a grant programme, the Pepe Frens With Benefits Collective, designed to attract creative developers through funding. Another exciting feature is Pepe’s Pump Pad. The launchpad streamlines the creation of new meme coins. For those who believe in PEPU’s long-term potential, there’s also a vault to lock in tokens and earn passive rewards right from the presale phase.
Pepe Unchained’s social media community is expanding. Features from popular crypto influencers like 99Bitcoins have added to the hype.
As the crypto market steps into 2025, a potential bull run is on the horizon. Meme coin giants like Dogecoin and Dogwifhat could be headed towards a surge. However, new altcoin projects like Pepe Unchained have the advantage of lower initial market caps, which means this could translate to higher upside potential.
If this meme coin manages to keep the presale momentum post-launch, it could shine.
Visit the Pepe Unchained (PEPU) presale
Name: Pepe Unchained
Email: [email protected]
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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This story originally appeared on: India Times - Author:Faqs of Insurances
