The meme coin market is pumping this week, and Shiba Inu and Brett are in front with 17% and 22% gains, respectively.
While the likes of Pepe are also seeing strong growth, several emerging meme coins could be set for even bigger gains.
SHIB Catching Up After DOGE Rally
Shiba Inu has begun showing strength against Dogecoin this week, a signal that attention and liquidity will begin to rotate from the market leader in the weeks ahead.
Dogecoin has enjoyed monumental success this month, adding over $35 billion to its market cap. However, this week’s momentum has slowed. It’s gained 4.5%, while Shiba Inu is up 17%.
DOGE is up 172% this month, while SHIB is up 69%. There’s a big gap for Shiba Inu to fill. And that’s what analysts think is about to happen.
Currently, SHIB is trading at $0.00002992 with a $17.3 billion market cap and a $7.07 billion 24-hour trading volume.
The Crypto King notes that SHIB is now “breaking out of a 4-year downtrend.”
According to the analyst, the breakout will spark a run toward its ATH, a 174% gain.
https://twitter.com/thekryptoking_/status/1863218467757043736
Brett Preparing For Tier-1 Exchange Listings?
Prominent analyst and Brett proponent Crash suggests that a Binance or Coinbase listing is incoming for Brett.
He noted that Brett is now the largest meme coin to ever not be listed on either exchange. Currently, Brett has a $2 billion market cap and a $253 million 24-hour trading volume.
Crash suggests that Binance will list Brett with a market cap between $2 and $4 billion, while Coinbase may wait a little longer to promote activity on its Base Layer 2 blockchain.
https://twitter.com/CrashiusClay69/status/1863114931899355556
Brett has shown considerable strength this month, pumping 129%. Indeed, a tier-1 exchange listing would be bullish for Brett, but Crash also noted how bullish it is that Brett has reached a $2 billion market cap without big-name exchanges.
Best Meme Coins to Buy for December Rally
While established meme coins continue to grow, several new tokens look like they could provide bigger growth over the Christmas period.
Here are three meme coins to watch:
Pepe Unchained
Pepe Unchained is an Ethereum layer 2 blockchain designed for meme coins. Right now, it’s undergoing a presale, which means investors can buy at what could be the best-ever price. The presale has raised $63 million so far, showing massive demand.
The chain is expected to be 100x faster than Ethereum and much chepaer, which makes it ideal for trading meme coins.
It’ll also have a “Pepe Pump Pad,” a meme coin launchpad that allows anyone to create a token without coding.
https://twitter.com/pepe_unchained/status/1839304995465998825
Other features include a block explorer, staking, and a decentralized exchange.
The presale will end in 11 days, and then $PEPU will debut on the open market. According to the website, it will list on tier-1 exchanges.
With meme coins on the rise, Pepe Unchained is emerging at just the right time.
Catslap
Catslap is a new cat-themed meme coin on the Ethereum network. The project offers a Slap-to-Earn game that allows users to earn free tokens.
It launched on exchanges less than two weeks ago but has already seen significant success. At its peak, it pumped over 58x from its launch price. However, investors now have a second buying opportunity after $SLAP retraced with the rest of the market.
https://twitter.com/CatSlapToken/status/1863265620600422475
The project has almost $4 million in locked liquidity, 8,000 holders, $900K in 24-hour trading volume, and 12K followers on its social media channels.
Evidently, the market is paying close attention to this project. This early momentum could indicate $SLAP is the next cat-themed meme coin to explode.
It has a $24 million market cap, leaving massive room for growth to catch the top cat coins such as Popcat and Mog Coin.
Catslap is back on the rise, pumping 5% in the last hour and 4% in the last six hours.
Flockez
Flockerz is a meme coin all about decentralization. The project distributes control to its holders via a “Vote-to-Earn” decentralized autonomous exchange (DAO).
This means $FLOCK holders get to vote on all key decisions relating to the project’s future and get paid for it.
Self-appointed and centralized teams control many meme coins, and holders have no say in the projects’ future direction. Flockerz offers an attractive alternative, and its proving in popular demand.
https://twitter.com/FlockerzToken/status/1862874262769746259
And there’s more. Users can also stake their $FLOCK tokens to increase their rewards. Right now, Flockerz staking offers a 583% APY, but this will gradually decrease as the staking pool grows.
Flockerz is currently undergoing a presale and has raised $4.1 million so far. The current price is $0.0061997, but this will increase in one day.
