The post Top 3 Meme Coins That Could Make Investors Millionaires In 2024 appeared first on Coinpedia Fintech News
TLDR
- Dogecoin now has the second-largest trading volume on Korea’s top exchange.
- NuggetRush continues in its launchpad and last round, after which the token will get listed.
- Pepe retail investors and whales continue to show confidence in the meme coin.
According to CoinMarketCap, the meme tokens in the decentralized crypto list are worth about $60.8 billion by market capitalization alone. These coins have become more than an internet sensation, providing significant returns for investors. For new and experienced investors on the lookout for the right investment entry points, Dogecoin (DOGE), NuggetRush (NUGX), and Pepe (PEPE) are top meme coins they can capitalize on to make them millionaires in 2024.
NuggetRush is a fast-rising cryptocurrency ICO that links blockchain gameplay with real-time earnings while having various utilities. Dogecoin and Pepe, on the other hand, have reached an impressive milestone and seen large accumulations, respectively, making them enticing buys. Let’s look at the unique propositions and growth trajectory that make these meme coins the best cryptos to invest in to earn like a boss and become a millionaire.
NuggetRush’s (NUGX) Utility Heightens In-Demand
Built on Ethereum (ETH), NuggetRush’s play-to-earn (P2E) game is a collection of exciting challenges around building a fortune from artisanal mining. The project gives users decision-making power and data control while supporting miners in developing regions. With its GameFi approach, players can convert virtual rewards into real gold delivered to their location upon winning.
Interestingly, the gaming characters on NUGX also serve as non-fungible tokens (NFT). Upgrading your NFT character and workforce will boost your mining efficiency and reward eligibility. Also, the staking feature pays an interest rate of up to 20% APY, depending on how long you hold your NFTs.
All these enticing benefits have attracted many eyes to NuggetRush, translating to selling over 270 million tokens in its cryptocurrency ICO with token sale revenue exceeding $3.8 million. Further adding to the appeal of this project is that SolidProof has audited the smart contract, which will excitedly be renounced after its launch.
NuggetRush aims to hit $100 million in market capitalization by leveraging the high demand for blockchain gaming adventures. Following its price pump to $0.020 when it gets listed on decentralized exchanges, NUGX could remain bullish long after its launch. Big momentum could make NUGX one of the best meme tokens to invest in to become a millionaire.
Dogecoin (DOGE) Becomes The 2nd Largest Crypto Traded on Korea’s Top Exchange
Dogecoin is the pioneering meme coin that drew the crypto community’s attention to the potential of tokens born from internet memes. Along with its affiliation with Elon Musk, DOGE’s allure of a fun community and potential gains make its token’s journey interesting. Recently, Dogecoin became the second most-traded digital asset on South Korea’s biggest exchange, Upbit, trailing only behind Bitcoin (BTC).
Korea has long been known as a hotbed for cryptocurrency trading and innovation, and its market serves as a barometer for trends and shifts in global trading sentiment. This rise of Dogecoin to the second position in trading volume on Korea’s top exchange might suggest its popularity and widespread adoption. It may lead to a price pump above the current $0.19 level.
Pepe (PEPE) Investors Hold Steadfast
Despite a 23% monthly drop recently, Pepe’s outlook appears geared towards recovery, driven by its investors’ optimism. This sentiment is evidenced by the movement of PEPE tokens from short-term to mid-term holders, indicating a deeper commitment to holding onto their investments for future gains. Lately, 36 trillion Pepe, valued at over $232 million, were transitioned from short-term investors—typically holding for less than 30 days—to mid-term holders, who retain their assets for one month to a year.
This growing confidence in the meme coin’s prospects is not limited to retail investors alone. Crypto whales have also shown their bullish stance, amassing about 4 trillion PEPE, approximately worth $26 million, in a day earlier in April.
Conclusion
Meme coins have risen astronomically since the first meme coin, Dogecoin, grew in popularity. The meme coin sector, however, features these three meme coins, Dogecoin, NuggetRush, and Pepe, as the best cryptos to invest in for profit and growth. While Dogecoin and Pepe have had impressive performances, NuggetRush, which is quite new, presents a compelling approach to meme coin investments as it provides tangible utility. Beginner and seasoned investors can diversify their portfolios with NuggetRush to harness its seamless blockchain gaming and cryptocurrency combination.
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