Best Shitcoins to Buy in October 2024: Capitalizing Market Trends

October 13, 2024 at 02:45 AM GST

Updated:
October 12, 2024 at 04:37 PM

3 mins read

Market News

Top Meme Coins to Consider in October 2024

As the cryptocurrency market remains vibrant, October 2024 presents promising opportunities among meme coins. These tokens, initially launched as jokes, have gained momentum and value, offering intriguing options for speculation.

Dogecoin (DOGE): The Meme Coin That Captured the Crypto World

Current price: $0.1043
Market cap: $15.2B

Dogecoin, the original dog-themed meme coin, maintains its position among the top 10 cryptocurrencies. While initially a parody, DOGE has become one of the most valued coins, boasting a stable market capitalization. This stability is noteworthy in the volatile crypto market, making Dogecoin a potential performer in the next bull market.

Shiba Inu (SHIB): The "Dogecoin Killer"

Current price: $0.0000159
Market cap: $9.3B

Shiba Inu has emerged as a formidable competitor to Dogecoin, dubbed the "Dogecoin killer." Despite its lack of specific use cases, SHIB leverages its Ethereum blockchain base, offering smart contract functionality and dApp interaction. Its potential for real-world utility growth positions it as a strong contender in the coming years.

Pepe (PEPE): The Meme Coin with a Robust Community

Current price: $0.058576
Market cap: $3.6B

Pepe coin capitalizes on the meme status of the original Pepe the Frog. While its price has fluctuated, it remains in the top 100 cryptocurrencies by market cap. A key strategy involves listings on major cryptocurrency exchanges, increasing its visibility and credibility. PEPE's community-driven approach and transparency contribute to its popularity among meme coins.

ApeCoin (APE): Combining NFTs and Cryptocurrency

Current price: $0.6702
Market cap: $405M

ApeCoin, created by the Bored Ape Yacht Club founders, is a blooming utility token in the NFT ecosystem. As an ERC-20 governance token, APE empowers token holders to vote on matters concerning the Apes Coin DAO Ecosystem Fund. Its connection to one of the most prominent NFT projects gives it a potential upside.

Bonk (BONK): Solana's Community-Driven Coin

Current price: $0.00001976
Market cap: $1.4B

Bonk is a dog-themed coin on the Solana blockchain that emphasizes community. Launched in December 2022, BONK distributed 50% of its total supply to the Solana community, resulting in significant price increases. Despite anonymous founders, BONK maintains a strong community presence and drives innovation within the Solana ecosystem.