Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out

Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out

In this Q3, we have witnessed significant changes in the crypto market, altering investor decisions about the top altcoins to acquire. These changes include Bitcoin's price finally approaching $70K before consolidating slightly. This positive price movement has instilled hope in the altcoin market, with many investors seeking to hedge with the most promising tokens while they can.

Amid this optimism, the meme coin space is emerging as a potential treasure ground for tokens with high growth and adoption potential. Stirring further attention to the meme coin sector, a widely renowned crypto analyst, known as Crypto Tony, shared a tweet on X (formerly called Twitter). In his tweet, he predicted that Dogecoin (DOGE), Bonk (BONK), and Floki (FLOKI) could reach $1 this year, concluding with the statement "I don't make the rules."

Indeed, the meme coin market has witnessed a steady increase in recent weeks since the last GME token breakout. The market also anticipates Dogwifhat (WIF) to reach a new ATH, while KangaMoon (KANG) stands out among meme coins with significant growth potential this year.

Top Meme Coins to Watch for A $1 Valuation This Year

Beyond CryptoTony's positive predictions, these meme coins below inherently possess strengths and capabilities to garner further profits this year, amidst the growing market optimism. Let's delve into each one:

KangaMoon (KANG)

KangaMoon (KANG) is not merely one of the highest trending meme tokens in the market; this meme-backed GameFi token has already been listed on CoinMarketCap and CoinGecko, indicating a strong entry into the DeFi and GameFi markets. With an imminent listing on BitMart and Uniswap, there is heightened buzz in the crypto market surrounding KangaMoon.

Remarkably, the KangaMoon token is anchored in a novel Social-Fi and Game-Fi protocol that emphasizes community involvement while introducing utility to the meme coin sector. The $KANG token governs the Kangaverse, empowering users to seamlessly engage in community battles and challenges while purchasing in-game assets or additional features to enhance their gameplay experience.

Ranked among the top meme coins to watch, KangaMoon has already amassed over 32,000 community members, close to 10,000 token holders, and nearly $7 million in presale revenue. Throughout its presale phase, the KangaMoon token has surged by 400%, climbing from $0.005 to $0.025, generating substantial ROI for its early adopters. However, further growth is anticipated as KangaMoon exhibits exceptional adoption potential.

Given its impressive trajectory thus far, market analysts are currently speculating that KangaMoon will reach $1 this year, and the probability is far from negligible. As KangaMoon officially launches and fully enters the meme coin market, its token is poised to witness increased demand and valuation. With more individuals participating in its ongoing social media challenge for the $KANG token, KangaMoon has the potential to become the most sought-after new token.

Dogecoin (DOGE)

Dogecoin (DOGE) has consistently ranked as one of the most prominent meme coins in the market due to its pioneering efforts. With a substantial number of wallet addresses and a current market cap exceeding $24.1 billion, Dogecoin is often mentioned alongside newer meme coin competitors and is already the eighth largest cryptocurrency.

Meanwhile, the Dogecoin token has the potential to emerge as one of the highest-gaining altcoins this year, owing to its accomplishments to date. Dogecoin's current momentum, fueled by significant network growth and high-profile endorsements such as Elon Musk enabling DOGE payments for Tesla products, sets a promising foundation for its future.

Considering these factors, the Dogecoin token has the potential to reach $1 this year. For instance, sustained interest from new wallet holders, the expansion of $DOGE use cases, and potential integration into platforms like Twitter could drive demand. If market conditions stabilize and bullish momentum continues, Dogecoin could achieve the $1 milestone, leveraging its growing adoption and investor enthusiasm.

Pepe (PEPE)

The market capitalization of Pepe (PEPE) coin recently surpassed $5.6 billion after experiencing a dip below $5.3 billion. While this signifies a notable surge in investor interest and community support, it also heightens investment interest.

With a year-to-date price increase of over 700%, PEPE coin has demonstrated a remarkable growth trajectory fueled by social media buzz and the increasing popularity of meme coins this year. Meanwhile, this rapid ascent has sparked speculation about its potential to reach a $1 valuation for Pepe coin this year.

Considering that the hype and momentum behind meme coins can generate substantial short-term gains, sustaining such growth would depend on continued community engagement, broader adoption, and favorable market conditions. And these are aspects about Pepe that have substantially increased this year, so the token may eventually reach $1.

Floki (FLOKI)

After significant platform development, the Floki token is arguably regarded as one of the top altcoins to acquire in the Metaverse marketplace. Floki has witnessed impressive gains in both market cap and network activity, with its price rising over 600% in recent months.

Notably, Floki's meme coin allure, coupled with a robust community engagement approach, has successfully attracted substantial investor interest, further positioning Floki as a significant player in the meme coin market.

Floki distinguishes itself by transcending the boundaries of a mere meme coin and focusing on utility in the NFT, Metaverse, and DeFi sectors. This broader approach appeals to more investors seeking high-growth opportunities, which could drive demand and increase the coin's value. Given its recent progress and diverse applications, the Floki coin has the potential to reach a $1 valuation this year.

Dogwifhat (WIF)

The new Solana meme coin star is also one of the top altcoins that we can anticipate to soar further this year. After witnessing a staggering 1900% profit earlier this year, Dogwifhat (WIF) continues to trend as one of the most valuable meme coins, holding the 4th position on the list of largest market-capped meme coins.

Intriguingly, WIF token's potential for continued growth this year is immense. While its status as a top-rated and trending token is noteworthy, Dogwifhat's strength lies primarily in its network. Dogwifhat's presence on Solana's high-speed network also contributes to the token's sustained adoption and demand, potentially leading to new all-time highs this year.

KangaMoon To Surpass Top Meme Coins in 2024 With New ATH

The price of KangaMoon has surged by 400% during its presale phase alone. Following its listing on CoinMarketCap and CoinGecko, its potential to reach $1 this Q3 is slightly plausible, but a more realistic expectation would be for KANG to hit $1 by Q4.