Best Memecoins to Buy Before the October Rally
With October approaching, a historically positive month for the cryptocurrency market, investors are keeping an eye on the so-called memecoins. These cryptocurrencies, which started as jokes or memes, have gained popularity and market value in recent years, often exceeding expectations. For those looking to ride this wave, five promising memecoins stand out: Popcat, FWOG, Pepe Unchained, Crypto All Stars and Memebet Token.
Increased adoption and expectations of a general bull market make these memecoins interesting alternatives for traders looking to diversify their portfolios with higher volatility assets.
Popcat
Popcat, for example, is an internet meme from October 2020. The POPCAT token is a memecoin with no inherent value or financial expectations. As such, it is intended solely for entertainment.
Even so, the price of this memecoin is on the rise and, this Thursday (19), it recorded the highest daily appreciation among the 100 largest cryptocurrencies on the market. According to data from CoinGecko, at the time of writing Popcat is costing US$ 0.92, with a daily appreciation of more than 35%.
FWOG
Like fellow memecoin Popcat, FWOG is also on the rise today. At the time of writing, the meme cryptocurrency is trading at $0.069, up over 11% daily, according to CoinGecko.
KWOG is a memecoin that bills itself as “a token by the community, for the community.” The lack of a regular development team sets FWOG apart from other cryptocurrencies. This is because this particular setup gives the community the power to shape the future of the token.
Pepe Unchained
Unlike the memecoins mentioned above, memecoin Pepe Unchained has strong fundamentals. The cryptocurrency has not yet been launched on exchanges, but is available for pre-sale, costing $0.0098 per token. So far, the project has already raised $13.9 million, well on its way to reaching its next big milestone of $15 million.
Additionally, the project has just released a new update on its presale website, “Pepe Frens With Benefits.” This is an initiative that aims to encourage the community to build applications on its new Layer 2 blockchain. According to the website, the project will open grant applications in Q4 2024.
Bet Token
Just like Pepe Unchained, Bet Token has not yet reached the exchanges and is in the pre-sale phase. This memecoin has already raised more than US$ 247 thousand in the pre-sale, very close to reaching its next target of US$ 250 thousand, which should be reached today or tomorrow. At the moment, each cryptocurrency is costing US$ 0.0252.
The main difference of this project is the launch of Memebet Casino, the only casino on the web and on Telegram where you can bet using memecoins. MemeBet also has features beyond speculation. This week, the cryptocurrency is launching a campaign called “Casino Launch Gleam”. The campaign will run until the official launch of the casino and the start of the token airdrop. The goal is to reward the community for purchasing tokens, engaging on social media, and signing up to the casino.
Crypto All Stars
Finally, a potential memecoin that is also in pre-sale is Crypto All Stars. The project has raised over $1.40 million in pre-sale so far. In two days, the price of the STARS token will rise. At the moment, each crypto asset is priced at $0.0014535.
One of the main reasons for the success of the Crypto All-Stars ($STARS) presale is that it brings the meme community together in one place. This is because the project has developed a unique and unified staking protocol called MemeVault. The staking service is open to any memecoin, which gives users the power to lock up their coins and earn rewards for doing so.