Memecoins
Top 3 Low-Cap Memecoins Set to 10x in 2024?
Despite a significant correction in the cross-border market, with major tokens registering significant declines, mid- and small-cap altcoins have caught the attention of crypto investors by adding massive value to their valuations in a short period.
Are you planning to invest in memecoins for the upcoming memecoin craze? Scroll down because in this article, we have covered the top 3 memecoins that have the potential to register up to 10X growth in their respective portfolios in the coming years.
Mumu the Bull (MUMU) Price Action:
Built on the Solana blockchain, MUMU’s price has garnered considerable attention from the crypto space this year. Notably, this memecoin has surged 119% in the past week and 435% in the past month. Additionally, it has rewarded its long-term investors with a YTD return of around 1,000%.
TradingView: MUMU/USDT
With a trading price of $0.00009475, a circulating supply of 2.28 trillion, and a total supply of 2.33 trillion MUMU tokens, Mumu the Bull price has secured the 226th position in the global cryptocurrency list with a market capitalization of $215.71 million.
Moreover, this memecoin has formed a parabolic sar pattern in the 1D time frame with its technical indicators registering a bullish trend. This highlights the positive outlook of the MUMU memecoin in the coming years.
WHY (WHY) Price Action:
Built on the BNB Smart Chain (BEP20), the WHY memecoin instantly gained momentum and recorded a massive uptrend in its valuation. Notably, this memecoin has an all-time high (ATH) of $0.0000003202 and is currently trading at a discount of just 8.4%.
The stock’s value has increased by about 5% in the last day and by 17% in the last seven days. Moreover, it has gained 118.36% since its inception and is up 2,553% from its all-time low (ATL) of $0.00000001153.
Moreover, with a trading price of $0.0000003056 and a circulating supply of 420 trillion WHY tokens, this memecoin has secured the 295th position in the global cryptocurrency market list with a market capitalization of $128.37 million.
Mog Coin (MOG) Price Evolution:
The price of Mog coin has fluctuated within a range of ±10% over the past month. However, it is the best performing memecoin on the Ethereum chain this year and has rewarded its investors with a year-to-date (YTD) return of around 4,500%.
TradingView: MOG/USDT
On the positive side, it formed an ascending channel pattern in the 1D time frame and has continued to move within this framework since mid-June, highlighting a strong bullish sentiment for the memecoin in the cryptocurrency market. Moreover, its technical indicators are registering a bullish convergence in their respective charts.
If the market continues to trend in a bullish mood, MOG price will prepare to break out from its resistance level at $0.0000024725 and reach a new all-time high (ATH) in the coming time.