CandleFocus Top 5 Meme Coins to Watch This Month
2024-11-02
Author: Content Editor
The meme coin sector has seen a substantial rally in the past few months, with a market capitalization of over $70 billion. Currently, the market cap stands at around $64 billion after a recent correction. There are more than 2,300 meme coins, with some gaining attention due to price swings and other factors. Five meme coins are expected to experience enhanced volatility in the next 30 days. Dogecoin, the leading meme coin, has seen a 17% spike in the past week, potentially due to Elon Musk's interaction and support. The second-biggest meme coin experienced a pullback but may return to a positive trend due to the SHIB burning program. Trump-related meme coins may face turbulence depending on the US election results. The largest cat-themed meme coin, Popcat, has seen significant gains this year and is predicted to see further growth. Overall, the meme coin market remains unpredictable, and November's performance is yet to be seen.
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