Shiba Inu, Brett See Strong Weekly Gains
The meme coin market performed strongly this week, with Shiba Inu and Brett leading the way with gains of 17% and 22% respectively.
While coins such as Pepe have also seen strong growth, some emerging meme coins may see even greater gains.
SHIB catches up after DOGE rally
Shiba Inu is starting to show strength against Dogecoin this week, suggesting that attention and liquidity will start to shift away from the market leaders in the coming weeks.
Dogecoin has had a huge success this month, adding more than $35 billion to its market capitalization. However, momentum has slowed this week. It is up 4.5%, while the Shiba Inu is up 17%.
DOGE is up 172% this month and SHIB is up 69%. The Shiba Inu has a big void that needs to be filled. Here’s what analysts think is going to happen.
Currently, SHIB is trading at $0.00002992, with a market capitalization of $17.3 billion and a 24-hour trading volume of $7.07 billion.
Crypto King noted that SHIB is now “breaking out of a 4-year downtrend.”
The analyst said the breakout would trigger a 174% ATH jump in the stock price.
https://twitter.com/thekryptoking_/status/1863218467757043736
Is Brett preparing for a primary exchange listing?
Crash, a well-known analyst and Brett supporter, said that Brett will soon be listed on Binance or Coinbase.
He noted that Brent is now the largest meme coin never listed on either exchange. Currently, Brett has a market capitalization of $2 billion and a 24-hour trading volume of $253 million.
Crash indicated that Binance will list Brett with a market capitalization of between $2 and $4 billion, while Coinbase may wait longer to boost activity on its Base Layer 2 blockchain.
https://twitter.com/CrashiusClay69/status/1863114931899355556
Brett has shown considerable strength this month, with a rake rate of 129%. In fact, listing on a primary exchange is bullish for Brett, but Crash also pointed out how good it is that Brett has a market capitalization of $2 billion without a big-name exchange.
The Best Meme Coins to Buy in December Rally
While established meme coins continue to grow, some new coins look set to provide even greater growth over the Christmas period.
Here are three meme coins worth keeping an eye on:
Pepe is liberated
Pepe is liberated It is an Ethereum layer 2 blockchain designed specifically for Meme coins. It’s currently on pre-sale, which means investors can buy it at the best price ever. Pre-sales have raised $63 million to date, showing huge demand.
The chain is expected to be 100 times faster than Ethereum and much cheaper, making it ideal for trading meme coins.
It will also have a “Pepe Pump Pad,” a meme coin launchpad that allows anyone to create tokens without coding.
https://twitter.com/pepe_unchained/status/1839304995465998825
Other features include block explorers, staking, and decentralized exchanges.
The pre-sale will end in 11 days, followed by $PEPU’s debut on the open market. According to the website, it will be listed on a primary exchange.
With the rise of meme coins, Pepe Unchained comes at the perfect time.
cat pat
cat pat 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 the exchange less than two weeks ago but has already been a huge success. At its peak, it sold for more than 58 times its issue price. However, investors now have a second chance to buy after SLAP retreated along with the rest of the market.
https://twitter.com/CatSlapToken/status/1863265620600422475
The project has nearly $4 million in locked liquidity, 8,000 holders, $900,000 in 24-hour trading volume, and 12,000 followers on social media channels.
It can be seen that the market pays great attention to this project. This early momentum could indicate that $SLAP is the next cat-themed meme coin to explode.
It has a market cap of $24 million, leaving plenty of room for growth to catch up with top cat coins like Popcat and Mog Coin.
Catslap sales are on the rise again, up 5% in the past hour and 4% in the past six hours.
Flockz
Flockz is a memecoin about decentralization. The project distributes control rights to its holders through a “vote-earned” decentralized autonomous exchange (DAO).
This means that $FLOCK holders can vote and get paid on all key decisions related to the future of the project.
Self-appointed centralized teams control many meme coins, and holders have no say in the future direction of the project. Flockerz offers an attractive alternative and is proving popular.
https://twitter.com/FlockerzToken/status/1862874262769746259
There is more. Users can also stake their $FLOCK tokens to increase rewards. Currently, Flockerz staking offers an annualized yield of 583%, but this number will gradually decrease as the staking pool grows.
Flockerz is currently on pre-sale and has raised $4.1 million to date. The current price is $0.0061997, but it will rise one day.
