Did you miss the increases in the meme coin market last week and did you also get FOMO after the huge profits crypto traders made with Pepe Coin and $TURBO?
Not surprising, because the meme coins came out of nowhere and managed to build up a huge market value in a short time. PEPE rose from scratch to a market value of more than $1.5 billion in 1 day, while TURBO currently lags behind with a market value of $90 million.
The rises of these two meme coins have caused crypto traders to regain massive interest in the meme coin market.
As a result, the past few weeks seem to be from all sides new crypto coins shoot the ground. For the crypto trader, this means a time of intense volatility, but also a time of very good opportunities.
Why Analysts Predict New Meme Coins Spongebob & AiDoge Will Be the Next Fastest Rising Cryptos
Two of the newest meme coins are about to experience a similar explosion to that of Pepe coin. It’s about AiDoge, a new Doge-based meme coin and Spongebob Token. It is not possible to guess what the latter is based on.
The first of the two is still available in a presale and is a meme coin that markets itself as crypto with a real function. The platform will offer you the possibility to have memes generated by AI.
All you need to do is provide a text prompt. The AI behind the project then starts working with this text by looking for a nice picture and coming up with a funny text.
You can then do whatever you want with the meme, such as sharing it on your own social media. In addition, you can also put the meme on the public AiDoge meme wall so that everyone can view your meme and rate it.
You can vote for your favorite meme on this wall. Subsequently, based on the number of votes, a ranking is drawn up and rewards are finally paid out based on this ranking.
These rewards will be paid out in the token of the AiDoge platform, AI. These tokens can become very popular and therefore increase in price. To take maximum advantage of this, you can already make an investment in the token.
AiDoge has recently started its presale and that means that you can buy the tokens extra cheaply. For example, you currently only pay $0.0000284 per token, while this has already risen to $0.0000336 at the listing.
>>> Now to the AiDoge Presale <<<
Another meme coin that has been talked about a lot by investors last week is SPONGE. The Spongebob token has risen by more than 1,000% out of the blue, following the aforementioned examples.
The token then had a small correction so that you can purchase the token again at an advantageous rate. At the moment, the token is only priced at $0.001 while the high of a few days ago was well above $0.002.
All in all, the market value of SPONGE is still relatively low, currently standing at around $25 million if you only include the coins that are in circulation. If you compare this with PEPE, the coin can flip over many times.
Pepe coin is currently worth about $800 million and wants the Spongebob token To match this, it will therefore have to be worth 32x as much. Even after that, there are still many opportunities for further growth.
SPONGE is all about the community, they try to push the coin to great heights by involving as many people as possible in the token. The team behind the coin itself shares many memes and other funny things on social media to attract attention.