Top 5 Meme Coins to Watch This Month, According to Analysts
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 02 2024Meme Coin Market Growth: The meme coin market has recently grown significantly, reaching a peak of over $70 billion before settling around $64 billion, with notable coins like Dogecoin and Shiba Inu showing potential for volatility influenced by factors such as Elon Musk's support and new burn initiatives.
Political Influence on Meme Coins: Political-themed meme coins like MAGA and KAMA are expected to experience high volatility linked to the upcoming US presidential election, while Popcat continues to gain attention due to its impressive price increase this year, highlighting both opportunities and risks in the evolving meme coin sector.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
