December begins with festive cheer as Bitcoin crosses $100K for the first time.
But despite Bitcoin’s bullish performance, meme coins have been the clear winner in 2024. So, what are the best ones to buy now that could explode as we approach Christmas?
Crypto All-Stars
Meme coins are risky. While they can provide big gains, they’re volatile and often take deep retracements. That’s why Crypto All-Stars is proving a fan favorite.
It’s not an average meme coin, it’s building the world’s first meme coin staking app, letting users generate passive revenue by staking cryptos like Dogecoin, Shiba Inu, Pepe, Bonk, and Brett.
By introducing an innovative and novel utility, Crypto All-Stars separates itself from other meme coins and creates a utility-driven demand stream for its token, helping offset some of the downside volatility.
Users who want to stake their tokens with Crypto All-Stars must hold $STARS, and the more they have, the more they can earn.
This means all the top meme coin communities are incentivized to buy as much $STARS as possible.
The project is undergoing a presale and has raised $9.1 million so far. However, the $STARS ICO ends in 14 days, so $STARS will be listed on exchanges just in time for Christmas.
Shiba Inu
Dogecoin has taken the market by storm recently, soaring over 100% in the past month. However, the tide is turning, and Shiba Inu is starting to outpace the market leader. Every dog has his day.
SHIB is up 57% in the past month, but swiftly closing the gap on DOGE. We are likely witnessing liquidity rotating from Dogecoin to Shiba Inu as DOGE investors rebalance their portfolios and aim to maximize their gains elsewhere.
Like Crypto-All Stars, Shiba Inu holds an advantage over other meme coins (like Dogecoin) in that it has real utility.
For instance, the project has a layer 2 blockchain, staking, and a Play-to-Earn game.
Currently, Shiba Inu is trading at $0.0000309. It’s down 1.5% in the past day but up 19.7% this week and 60.3% this month. It has an $18.2 billion market cap and a $2.97 billion 24-hour trading volume.
Flockerz
Flockerz is a newly launched meme coin introducing a concept of community governance.
With this project, all token holders can vote on every decision relating to its future via its “decentralized autonomous organization” (DAO).
This means that every decision will be democratized and should have the community’s best interests at heart.
Another impressive element of this project is that users will even get paid to participate in the DAO. They’re calling it “Vote-to-Earn.”
During the last bull market, Play-to-Earn and Move-to-Earn cryptos provided massive gains. Could Vote-to-Earn be this bull run’s viral narrative?
The project is currently undergoing a presale, meaning investors can buy $FLOCK at what could be the lowest-ever price.
The Flockerz presale has raised $4.6 million so far and is currently priced at $0.0062494. However, this price will rise throughout the ICO, with the next increase in one day.
Dogwifhat
In crypto, momentum is everything. And right now, Dogwifhat has it in spades.
After weeks of underperforming other meme coins, Dogwifhat is back on top. It’s the best-performing top seven, pumping by over 5% in the past 24 hours.
WIF is now veering towards its November high, and after that, the next target would be its all-time high (ATH), which was set in March 2024.
Currently, WIF is just 28% from its ATH. Just one or two strong daily candles could get it there.
Should we see WIF break through its ATH in the coming days, then its emergence into price discovery could enable significant gains amidst the upcoming Christmas rally.
Dogwifhat is currently trading at $3.47, up 5.1% today, 9% this week, and 43% this month. It holds a $3.4 billion market cap and a $1.1 billion 24-hour trading volume.
