Meme Coin Market In The Red - Can It Return To $135B This Week?

The crypto market cap is currently $3.88T, and it seems that it will keep increasing. Bitcoin (BTC) has again hit a new all-time high value, which is currently $107,370.70. Its value has increased by 15.18%% during the past month.

On the other hand, the market cap of the meme coin market has dropped from $135B, which it hit during the past week, to $117.55B on December 15th. Investors now wonder if it will return to the previous high this week. It is now sitting at around $130 billion, so it’s got just $5B more to go.

As we have seen so far, despite currently being in the red, things can change very quickly, which is why the new meme coins are extremely wanted these days. We will include five meme coins poised to explode in the following period, so let’s get to work!

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5 Meme Coins to Get Before the Market Recovers

The drop in the market cap value means that the values of many meme coins have dropped. We can now see that the values of Dogecoin (DOGE), Shiba Inu ($SHIB), Pepe (PEPE), Dogwifhat (WIF), and many other meme coins have decreased significantly. However, while these meme coins struggle to come out of the red zone, these meme coins are hitting milestones without any signs of stopping:

1. Wall Street Pepe ($WEPE)

2. Crypto All-Stars ($STARS)

3. CatSlap ($SLAP)

4. Flockerz ($FLOCK)

5. BTFD Coin ($BTFD)

Keep reading to learn more about these meme coins and why they are so popular now!

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1. Wall Street Pepe ($WEPE) - The Most Wanted Crypto On Presale That Hit $25M Milestone

After numerous whales generated massive wealth for themselves, one new crypto project aims to stop this and empower small traders: Wall Street Pepe ($WEPE). This project was recently launched, and its presale has already raised more than $27,4 million, showing enormous growth potential that $WEPE holders will profit from.

This project offers valuable insights into investing strategies that can give investors the information they need to stop relying on luck. With alpha calls, trading strategies, exclusive updates, and many other helpful features, the $WEPE holders can quickly gain an advantage in the market.

Considering that this project is oriented towards the success of the entire community, it is obvious why ClayBro, a popular analyst sharing his insights about meme coins, believes that this Wall Street Pepe is the hottest meme coin of 2024.

Joining the presale means joining the Wepe Army. The price of $WEPE tokens will soon increase, so secure them before the presale ends!

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2. Crypto All-Stars ($STARS) - Unique Meme Coin Just Days Away From Launch

Even though the prices of meme coins have dropped these past few days, interest in the Crypto All-Stars ($STARS) project has not waned. Crypto All-Stars introduces MemeVault, a feature that finally makes unified staking possible. This way, investors with multiple meme coins in their wallets can safely stake them on a single platform.

Buying the $STARS token is the initial step towards utilizing the advantages of this feature. Besides, staking during the presale brings 163% APY. Once the presale ends and the $STARS token gets listed, the MemeVault will be unlocked. This is the time when DOGE, PEPE, and nine other most wanted meme coins can be staked.

Interest in this meme coin has increased these past few days because the presale is nearing its end quickly. More than $19,5 million has been poured into the presale, and investors are in a rush to stack as many tokens as they can, so make sure you become one of them if you wish to explore the power of MemeVault!

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3. CatSlap ($SLAP) - Most Aggressive Meme Coin Introducing Fierce Cats

The meme coin market is dominated by meme coins introducing themes involving dogs and frogs. However, the success of $MEW, $MOG, and many others proves there is room for cats, too. CatSlap ($SLAP) is a meme coin that attracts attention with its interesting approach.

Launched without the presale phase, this project was exposed to many people right from the start. Its value is pumping today, as its value increased by 34.52% during the past week, only to drop by 19% in the past 24 hours after a massive selloff. It might be the perfect time to buy as $SLAP is likely to return to its previous ATH in the following days.

The $SLAP holders will be represented by a fierce cat that slaps Pepe, Kamala Harris, and Chris Rock. More characters will be available soon, which will make things even more interesting. With the slap2earn mechanism, the investors will have some fun and enjoy the rewards. If you want to do the same, get your $SLAP tokens in time!

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4. Flockerz ($FLOCK)- Meme Coin Embracing the Future of Decentralization

Flockerz ($FLOCK) disrupts the market and any expectations investors may have from a meme coin to deliver more than they expected. This project emphasizes decentralization through the introduction of a vote-to-earn mechanism. The $FLOCK holders have a chance to have their voices heard every step of the way.

No matter whether the decision must be made about the marketing strategy, token burn, or anything else related to the future of the project, every voice matters. This way, the investors are empowered to stay proactive and share their opinions continuously.

By doing so, the investors can become a part of the Flock, the community of $FLOCK holders ready to enjoy greater power while investing. This project's popularity is growing, and more than $7 million has been raised. Hurry and get your $FLOCK tokens before their price increases!

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5. BTFD Coin ($BTFD) - Play2Earn Meme Coin Inspiring Investors to Seize the Moment

BTFD Coin ($BTFD) embodies the principle that most whales live by: „Buy the dip.“ Now that the meme coin market cap has decreased, this motto might be mentioned even more than before. $BTFD combines the play2earn game with the staking rewards to deliver an exciting experience.

The characters introduced in this project are the Baby Bull, Raging Bull, Nerdy Bull, and Peoples Bull, which help investors enjoy the bull run in a new way. They also help investors lighten up when faced with the price drops that we are witnessing now.

Meanwhile, staking $BTFD tokens now during the presale brings 90% APY. Getting $BTFD tokens also means joining the Bulls Squad, which is attracting investors to the presale. So far, more than $4 million has been raised, showing its growing popularity.

Conclusion

As the end of the year approaches, the current meme coin market cap dip is an unpleasant surprise. However, it is not a reason to panic, either, because meme coins can recover just as quickly.

$WEPE, $STARS, $SLAP, $FLOCK, and $BTFD are the best meme coins to buy now, as they already show genuine potential to explode in the following period. Since these meme coins are at the beginning of their journey, it is an ideal opportunity to secure them now and watch them soar!

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Disclaimer: This story is not part of Outlook Money's editorial content and was not created by Outlook Money journalists.