In a market as unpredictable because the meme coin market, the enchantment of fast positive factors has made these low-cap cash a scorching subject amongst merchants on social media.
Given the saturated nature of the market, getting the lowdown from these within the know could make all of the distinction for these looking for the subsequent coin to blow up.
This text explores insights from three distinguished crypto merchants on which meme cash may very well be subsequent to skyrocket, guaranteeing buyers have a transparent overview of the market’s present state.
1. Michael Wrubel
First up is Michael Wrubel – an investor and analyst who has a YouTube following of over 310,000 individuals.
Wrubel has made a reputation for himself over the previous 4 years, importing greater than 1,900 movies on an array of cryptocurrencies, from low-cap tokens to established cash like Bitcoin.
Lately, Wrubel has been focusing extra on the meme coin market within the wake of Pepe Coin’s exponential rise earlier this yr.
One meme coin that Wrubel believes may very well be primed to blow up is Meme Kombat (MK), a brand-new presale venture making waves all through the funding group.
Designed for gaming fans, this Ethereum-based platform permits customers to wager on AI-powered battles between meme characters like DOGE and Pepe the Frog.
Wagers are positioned utilizing MK, Meme Kombat’s native ERC-20 token, with those that select the winner of every battle reaping the rewards within the type of further MK.
On high of that, Meme Kombat additionally permits customers to stake their MK tokens to earn yields of 112% per year.
Meme Kombat’s battling function can be cut up into seasons, with Season 1 anticipated to start later this yr.
Season 2 will convey new meme characters and battle modes, guaranteeing the platform stays participating all through its lifespan.
In his current video breakdown of Meme Kombat, Wrubel famous the dual-earning capabilities as one of many key the explanation why he’s “bullish” on MK.
Early-bird buyers can purchase MK by way of the continuing presale, with tokens priced at $1.667.
50% of the entire MK provide has been earmarked for presale buyers, with the funding objective set at $1 million.
Provided that the presale is already over 31% funded, it seems Meme Kombat is effectively on its option to hitting its goal – which means Wrubel’s optimism appears to be like to be well-placed.
2. Altcoin Samurai
Altcoin Samurai is a well known crypto dealer with a following of over 27,000 individuals on X (previously Twitter).
Identified for his meme coin experience, Altcoin Samurai typically posts about low-cap cryptos which might be breaking out or may have the potential to interrupt out sooner or later.
One new meme coin that Altcoin Samurai believes may very well be set to blow up is HairyPlotterFTX (FTX), which is currently trending in the number 3 spot on DexTools.io.
According to Altcoin Samurai, the worldwide headlines associated to Sam Bankman-Fried’s trial may very well be key to pushing FTX larger within the weeks forward.
Moreover, the variety of FTX holders is rising quickly – and Altcoin Samurai even claims that “whales” are asking for analysis through his DMs.
3. philipTheFirst
Lastly, one other dealer that has not too long ago given perception into the meme coin market is philipTheFirst.
Like Altcoin Samurai, philipTheFirst typically gives technical and basic evaluation of the meme coin market – and has beforehand turned $5,000 into $500,000 flipping NFTs.
philipTheFirst posted a thread on Calcium (CAL) on September 27, stating that it has “excessive potential as a meme coin.”
On this thread, philipTheFirst highlighted how CAL was initially created as a dummy token by the Shiba Inu builders but immediately took on a lifetime of its personal.
Moreover, 50% of the entire CAL provide has been burnt, including a deflationary ingredient that would assist value development over time.
With CAL token currently ranked fourth on DEXTools.io’s list of trending tokens, philipTheFirst’s evaluation may very well be a beneficial perspective for meme coin merchants.
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