With a tailwind from the US elections and expected US interest rate cuts, November is anticipated to be a profitable month in the crypto market.
And in good times, meme coins typically perform the best as they attract liquidity from investors seeking to maximize their returns.
With that in mind, let’s explore five meme coins that could provide massive gains this November, even up to 100x.
Pepe Unchained
Pepe Unchained is leading the way among new meme coins by raising over $22 million through a token presale. The presale is still ongoing, allowing investors to buy ahead of its exchange launch.
But why is Pepe Unchained in such high demand? It’s because the project will be the first Pepe-themed token with its own blockchain.
They’re building an Ethereum layer 2 that will be cheaper and faster than the Ethereum main network. Moreover, it will have features like a staking mechanism, a DEX, a block explorer, and more.
While most meme coins are simply used for speculative entertainment, Pepe Unchained is building an entire ecosystem.
It has also revealed a developer grants program, which pays builders to launch projects on the Pepe Chain. This is expected to expedite Pepe Unchained’s ecosystem development, bolstering adoption and, therefore, the $PEPU price.
Currently, investors can buy Pepe Unchained for $0.01179, but this price will rise throughout the ICO.
Department Of Government Efficiency (dogegov.com)
With the US presidential election just eight days away, Department Of Government Efficiency (dogegov.com) has massive potential.
It’s a meme coin inspired by the position that Elon Musk will undertake if Trump wins the election.
Musk is expected to join Trump’s cabinet and lead a new unit called the Department of Government Efficiency (D.O.G.E), which aims to cut US government spending.
In a recent Trump rally where Musk appeared, the business mogul was introduced as “Co-founder of the Department Of Government Efficiency,” showing they’re dead serious about his prospective position.
BREAKING: @elonmusk INTRODUCED AS CO-FOUNDER OF DOGE (DEPARTMENT OF GOVERNMENT EFFICIENCY) AT @realDonaldTrump RALLY
— DEGEN NEWS (@DegenerateNews) October 27, 2024
pic.twitter.com/P9CfLjhsSU
So, should Trump be elected, there’s every chance that the new meme coin will see an explosive rally in the aftermath.
The project is currently trading at $0.0459, up 35% today, 2.9% this week, and 152% this month. However, with a $44 million market cap, significant upside potential remains.
Flockerz
Flockerz is another promising presale meme coin with a clear intent behind it. The project aims to tackle the centralization issue that plagues meme coins.
Many meme coins are led by centralized teams, which creates unnecessary risk. This even extends to Pepe, which saw team members steal $15 million from its treasury in 2023.
This goes against crypto’s core tenet of decentralization, but Flockerz solves it by putting power in the community’s hands.
It’s creating a Vote-to-Earn DAO, allowing users to vote on-chain about all decisions relating to the project’s future, including how to manage its treasury.
But that’s not all. The project has also set aside tokens to pay these DAO members, which is where the term “Vote-to-Earn” comes from.
The Flockerz presale solidifies these decentralization efforts by giving all investors an equal opportunity to buy at a fixed price.
Flockerz has raised $1.1 million so far. Investors can buy $FLOCK for $0.0058862, but this price will rise in one day.
SelfieDogCoin
SelfieDogCoin resembles Dogwifhat because it’s a funny dog coin with a ‘new angle.’
This is also interesting because we are seeing less and less dog-themed meme coins these days.
And like Dogwifhat, SelfieDogCoin is a Solana-based meme coin, making it easy for investors to buy with minimal fees from the comfort of a user-friendly Solana wallet.
Another factor in SelfieDogCoin’s favor is its recent strong performance.
It’s currently trading at $0.04117, up 23% today, 33% this week, and 117% this month. Despite that, it retains a low market cap of $40 million.
We should also note that SELFIE has shown strong trading volume for a low-cap meme coin at $1.1 million in the past 24 hours. This is a good sign, reflecting significant interest among investors.
Kitten Haimer
As mentioned, we’re starting to see less dog-themed meme coins emerge as new narratives take shape.
One of the strongest is the cat coin trend. Projects like Popcat and cat in a dogs world have experienced substantial gains and are now teetering on the $1 billion market cap mark.
This rising interest is good for emerging cat-themed meme coins like Kitten Haimer, which currently holds a market cap of just $16 million.
Despite its low market cap, Kitten Haimer has already been noticed by several leading analysts. For instance, TraderSZ, who recently backed First Neiro On Ethereum at a $1 million market cap, says that KHAI could be next to explode.
$KHAI @KittenHaimer is one of my strongest conviction plays to do a $Neiro $FWOG type of move
— TraderSZ (@trader1sz) October 7, 2024
Went to 100mil after calling it around 1 mil last time when it first launched
Think we should do 300-500mil cap easy if I’m correct
I know my risk. See how it goes. Looking forward to… pic.twitter.com/QmeyrfcSkj
Currently, KHAI is trading at $0.3095, down 6.6% today, 41% this week, and 26% this month.
While not without risk, its recent pullback potentially presents a lucrative buying opportunity ahead of its next leg up.