Book of Meme (BOME) is leading the meme coin growth trend up 12.10% to $0.01053 over the last week. With Bitcoin nearing the $70,000 mark up 2.73% over the last 24 hours to $69,791 per BTC, altcoins are inbound for massive pumps.
Other Pepe-inspired tokens like Brett (BRETT) and Hoppy (HOPPY) are also rising, showing rising investor interest in the meme coin space.
Meanwhile, investors looking for the next 10x token are eyeing a promising new ICO called PlayDoge, a doge-themed P2E and meme coin hybrid.
Pepe-Inspired Meme Coins Recording Meteoric Rise
BOME is in a massive resurgence at the moment, growing 15.81% over the last 24 hours. Its daily trading volume paints a stark picture of strong investor interest, up 174.28% to $351,323,889 today.
This is partly because BOME’s meme-collecting utility gives it an X factor for investors to trust in aside from its relation to the popular Pepe meme.
Certain personalities like Crypto Mechanic with over 5,000 X (Twitter) followers believe this to mainly be a consequence of Solana’s (SOL) growth, with SOL up 6,61% over the past week.
Solana is going up so sol based meme coins are picking up some volume.$BOME did nothing since it was launched on Binance and the chart is finally starting to look good.
— Crypto Mechanic (@CryptomechanicX) July 29, 2024
The daily candle is a little extended now so i think it's late to buy here. i'll wait for the pullback… pic.twitter.com/9eZoyt3uoH
However, other Pepe-based projects are also growing. BRETT, the mascot of the Base blockchain is up 11.53% over the last 24 hours, trading at $0.1431 per token.
Its investor activity is a lot more stable, with its daily volume only moving up 2.2% to $37,886,537.
Another major winner today is Hoppy (HOPPY) up 13.84% over the last 24 hours to $0.00009734 per token.
Despite daily trading volume going down 40% to $1,469,874, many experts including Cyril- a strategic crypto investor with over 110,000 followers on X (Twitter) remain bullish on the token.
$HOPPY probably one of my fav memecoins right now
— Cyril – DeFi (@cyrilXBT) July 26, 2024
It's been super stable
Aside from $WIF $POPCAT $HOPPY is definitely up next in line
RT and like if you hold $HOPPY pic.twitter.com/2r17pIzXJd
Will Doge-Themed Coins Regain Their Dominance?
While the Pepe side of the meme coin market has been on a steady upward push, the same cannot be said for Doge-themed coins.
Dogecoin (DOGE) the poster child of the meme coin space has only grown 1.7% over the last 24 hours trading at $0.1331 per token. Over the last 7 days, the token has actually gone down 4%.
Tokens like Shiba Inu (SHIB), Floki (FLOKI,) and dogwifhat (WIF) share a similar story, up single digits over the day, but down for the week.
However, experts expect the doge market to rise back up as Elon Musk endorses Donald Trump- the pro-crypto presidential candidate in the US elections.
Furthermore, as the Pepe hype dies down, investor’s funds will flow naturally into the doge side of the market. Analysts like CryptoPoseidon with over 120,000 followers on X (Twitter) share these bullish sentiments on Doge.
$DOGE D1
— Poseidon (@CryptoPoseidonn) July 29, 2024
Daily ema50-200 started to squeeze into each other again, this will lead to expansion.
$0.3 on the horizon, dog lovers. pic.twitter.com/2SZzbGYdVI
We can already see the doge meme coin space rebounding when we look at newer coins, Samoyedcoin (SAMO) is up 7.57% and DogeIon Mars(ELON) is up 4.33% over the last 24 hours.
With the market looking to Doge for the next meme coin to 10x, experts have identified a prime candidate for growth.
PlayDoge Raises Almost $6 Million in ICO as Investor Interest Grows
PlayDoge (PLAY) is an innovative doge-themed P2E meme coin and the native token of the titular P2E game.
Combining the memetic appeal of a doge mascot with familiar Tamagotchi-like gameplay, the token has captivated investors raising over $5.88 million in its presale so far.
The game will involve the player completing minigames while taking care of and playing with their virtual doge pet in a charming 8-bit environment.
PlayDoge greatly favors the early investor, with 50% of the 9.4 billion token supply allocated to the presale. Another 12% is dedicated to staking with an 82% P/A.
Selling for $0.00524 PlayDoge follows a dynamic pricing structure, increasing its token price and decreasing staking yields as more investors pour into the project.
To ensure early investor safety, PlayDoge has passed a SolidProof security audit with flying colors.
Austin Hilton, an expert crypto analyst and YouTuber with over 270,000 subscribers is extremely bullish on the token. He sees great potential in PlayDoge’s P2E aspects and how they connect with the token’s intrinsic memetic value.
DOGE COIN LOVERS – THIS IS FOR YOU! DOGECOIN PLAY TO EARN GAME! PLAYDOGE!
There are less than 3 days left until the next price increase, so investors need to act fast to get in at the current price.