Despite the overall meme coin crash, some coins are trending due to sudden slight increases, giving investors hope that the overall market is recovering.
In this article, we review the best-performing meme coins of the day and highlight a promising new project called Pepe Unchained, which could be the next big thing in the cryptocurrency world.
Mog Coin (MOG)
MOG, the first internet culture coin, is an ERC-20 token on the Ethereum mainnet. Recently, MOG has seen a surge in price, making it a prominent presence in the meme coin market this week. MOG recently hit an all-time high, leaving investors wondering if the rally will continue.
Over the past week, MOG’s price has increased by approximately 15%, performing well despite changing market conditions. Although its market cap is still below $1 billion, MOG has significant growth potential. Currently, MOG is trading at $0.00000158 with a daily trading volume of $30 million.
After witnessing a 3.28% price drop over the past day, MOG has risen 15% over the past week, indicating a recovery and growing investor interest. Based on the BTC halving cycle and MOG’s past price fluctuations, the annual minimum price for MOG in 2025 is predicted to be $0.000001360.
The price could rise to $0.000006412 in the next year. It’s hard to choose the best meme coin to buy right now, but MOG’s performance makes it a strong choice.
Among meme coins with market caps over $500 million, MOG stands out due to its recent price surge and growth potential, but market conditions can change quickly, so investors should stay informed.
Brett
BRETT, a meme coin on the base network, is down 50% from its yearly high and is approaching a major support around $0.10. This support is important to sustain the bullish trend and any consolidation above this area could signal a possible recovery.
BRETT has fallen from around $0.17 to its current level of $0.1126, but van de Poppe’s chart analysis suggests it could rally again if the price breaks through the resistance at $0.1337.
In June, BRETT stood out in the meme coin rise, becoming the first meme coin on the Base network to reach a market cap of $1 billion. Despite the recent correction, BRETT’s market cap still stands at over $1.1 billion, up 3%.
With no issuance capabilities and the contract abandoned, the future of the token rests with the community. Continued interest and a possible listing on a major exchange indicate that BRETT’s growth trajectory is poised to ascend, strengthening optimism for future market performance.
BONK
Bonk is the pioneering dogecoin on the Solana blockchain, and as a pioneer it caught the attention of investors. It surged over 250 times to reach an all-time high of $0.00004547, but has since fallen by over 50% and is currently trading around $0.00002289, down 1% in the past 24 hours.
Despite market ups and downs, BONK has proven resilient and established itself as a major player on Solana. Its main utility is the Bonk trading bot on Telegram, notable for being the fastest trading bot during Solana’s dog season launch. This feature not only boosted its popularity but also generated revenue.
They grow up really fast https://t.co/xjsRwmaR4P
— Bonk!!! (@bonk_inu) July 12, 2024
BONK’s 24-hour trading volume is down 28%, illustrating recent market volatility. On July 9, BONK’s price surged 25% following a proposal from the treasury to burn 83.9 billion tokens (worth roughly $1.8 million).
Bonk has strong utility and could reach a market cap of $3-5 billion in the next bull market.
New Presale Set to Explode at Launch – PEPU Meme Token
While some meme coins are recovering in the market, Pepe Unchained is thriving in its ICO phase. Despite the uncertainties, Pepe Unchained has surpassed the $3.3 million funding milestone, signaling huge interest in the unique meme coin.
What makes Pepe Unchained unique is that it aims to establish a layer-2 blockchain for meme tokens. Unlike many trending coins that lack practical applications, Pepe Unchained plans to leverage a layer-2 network to achieve faster speeds, lower fees, and better transaction capacity compared to Ethereum.
This ambitious undertaking has the potential to revolutionize investor engagement in meme coins. Pepe Unchained also offers attractive staking rewards, with early investors potentially earning an estimated annualized return of 559%.
PEPU offers both the potential for price appreciation and the opportunity for passive income, increasing its appeal. With 20% of the 8 billion token supply reserved for ICO participants, Pepe Unchained places a high value on community engagement, as evidenced by the growing number of followers on its official X-page to over 6,700.
The key question is whether PEPU will see a significant price increase once it enters the open market, replicating the success of other meme coins. PEPU’s unique value proposition and strong ICO performance certainly point to promising prospects.
To participate in the $PEPU token presale, visit pepeunchained.com.
