Biden’s Campaign Team Search for Master of Memes; Top 5 Memecoins To Buy for Profits This Year

The post Biden’s Campaign Team Search for Master of Memes; Top 5 Memecoins To Buy for Profits This Year appeared first on Coinpedia Fintech News

The Biden reelection campaign team has entered the meme coin space through a job posting. The campaign, according to reports, posted a job ad for the hiring of a meme expert. The meme expert will reportedly manage the relationships with digital media companies, podcasters, and “meme pages” across a number of social media platforms.

This news demonstrates how far along the meme coin market has come. Earlier this year, the market surged to new all-time highs and yielded a higher return than many major altcoins such as Ethereum. Fortunately, the rally is not over yet, and there are five meme coins that analysts recommend to invest in for the highest returns this year.

Top 5 Memes Coins To Invest in This Year 

With another phase of the meme coin rally expected, the top 5 meme coins predicted to experience a major price surge are:

• KangaMoon: A memecoin project that mixes memecoin with gaming utility.
• Bonk (BONK): A Solana-based memecoin that benefits from Solana’s fast transaction speed and low fees. 
• Pepe (PEPE): A green frog-themed memecoin with no utility but has shown bullish price growth.
• Book of Memes (BOME): a Pepe-themed memecoin launched to revolutionize the meme coin market with decentralization and blockchain technology.
• Dogwifhat (WIF): The largest Solana-based memecoin in the market whose market cap skyrocketed to over $1 billion in less than a month. 

The Best Meme Coins To Buy Now 

KangaMoon (KANG)

KangaMoon (KANG), one of the most successful memecoin projects, has been making headlines since rumours of its listing on BitMart flooded the market. The project’s presale has been a massive success with over $7,285,962.194 raised and millions of KANG tokens sold.

KangaMoon aims to create a P2E ecosystem environment in which KANG token holders will be able to have fun and get paid. Every week, there will be matches and tournaments, along with monthly competitions, among other activities. Players get rewarded based on their levels of participation.

You can exchange these tokens in the game and purchase items for the game or boost up characters. In other words, to earn cryptocurrency, one plays games, and the assets earned can be exchanged for real-life products. However, the most exciting part of KangaMoon is its SocialFi approach. To explain, KangaMoon is rewarding its most active fans with KANG even before the launch. 

Over 32,000 users have already registered on KangaMoon, leveraging Social-Fi to like, share, and comment on KangaMoon’s social media platforms in order to get free KANG. The KANG token is still at $0.025 and this has been supported by market experts who have predicted that the price can rise up to $1 this year.

Bonk (BONK)

Bonk (BONK) is also another memecoin that could see massive gains this year. After losing its position as the largest Solana-based memecoin, many lost faith in its future potential. However, Bonk has recorded large inflows from investors.

CoinMarketCap price info shows gains of 44.5% and 55.3% on the 7days and 30days price charts. Thus, analysts have given a bullish price forecast of BONK. They expect the price of the meme coin to hit $0.00005147 this year.

Dogwifhat (WIF)

Dogwifhat (WIF) is staging a recovery on the weekly chart after a massive dip, which saw it lose its position as the third-largest meme coin to Pepe. Currently, the price of the Dogwifhat coin is fluctuating around the $2.46 – $3.17 price range. 

The Dogwifhat price has dropped 40% below its current all-time high of $4.83, which it reached at the peak of the memecoin rally in March. Market experts see Dogwifhat crossing this peak and setting a new ATH of $7 soon.

Pepe (PEPE)

Pepe (PEPE) is showing positive momentum across the price timeframes, making it one of the best meme coins to buy. A look at the price chart shows that Pepe Coin price is showing increases of 40.9% and 63.2% on the weekly and two-week price charts. 

There are also gains of 79.2% and 755.2% on the weekly and monthly price charts. At the time of writing, Pepe’s price is fluctuating between $0.000008987 and $0.00001454 on the weekly chart. Analysts are predicting a likely surge to $0.00002463 in the next few months. 

Book Of Meme (BOME)

Book Of Meme (BOME) is a memecoin that was created as an attempt in decentralizing the market. The price of Book Of Meme went higher after its release but the price was again lowered in the subsequent months.

It is encouraging to note that the positive trend has re-emerged in the BOME market. Price analysis from CoinMarketCap reveals that its value has grown by 12% on the weekly and monthly price charts. With this renewed surge, analysts have predicted that the value of BOME may reach $0.02589 soon.

What Are the Top Meme Coins To Buy Now?

The meme coin space has expanded over the years thanks to the forerunner, Dogecoin, who started everything. Today, there are more than 20 memecoins in the market. This makes it difficult to know which one to buy. Meanwhile, this article highlighted five of the top meme coins with the potential to give huge returns to investors, and they include Bonk, KangaMoon, Pepe, Book of Memes, and Dogwifhat.

Out of all the options, analysts selected KangaMoon as one of the best meme coins to invest in due to its decentralized and Play-to-Earn gaming project. In contrast to other meme coins, KANG holders can earn on the KangaMoon ecosystem.

Conclusion 

The market entry by the President’s campaign team proves that meme coins have evolved in the last few years and have drawn the interest of prominent personalities. 

Although Bonk, Pepe, Book of Memes, and Dogwifhat also have the potential, analysts are awarding the title of the top memecon to KangaMoon. Due to its versatility and ability to expand, KangaMoon is one of the best meme coins to buy for those who seek high returns this year.