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Fantom has announced a plan for much safer meme coin launches to address concerns about market volatility and risks. Fantom Foundation CEO Michael Kong announced a $6.5 million initiative that will revolutionize the industry. This announcement took place at the MemeGlobal event on April 30 and is a significant step towards a safer and more structured launch of meme coins moving forward in the crypto industry. In addition, Fantom Foundation announced 10 million FTM rewards for meme coin holders and their teams.
According to the sponsored content poster, it is clear that there is a huge interest in memecoins and their presence and dominance on Web3 may increase in the coming years. As a result, investors research and make their decisions in detail about KangaMoon (KANG), Floki (FLOKI), Bonk (BONK), Book of Meme (BOME) and Memecoin (MEME) projects, whose future is uncertain before the increase in value.
5 Following Meme Coins
According to the sponsored content poster, as we move towards the overall evolution and improvement of the meme coin space, some meme coins are likely to experience a price increase after all the changes are implemented.
KangaMoon (KANG)
KangaMoon (KANG), whose future is uncertain according to the sponsored content poster, is a project with an uncertain future that wants to enter the meme coin space. From the first phase of its presale to date, the crypto has risen from $0.005 to $0.025. In addition, the pre-sale has raised $6 million, and considering that more than 20,000 users have signed up, the interest and demand are huge, which could allegedly result in the project reaching $8 million by the end of the month. The future is uncertain, there is a risk of investment loss.
According to the content submitter, key catalysts for this massive level of growth include a unique Play-to-Earn (P2E) gaming implementation, as well as Social-Fi elements and a community-focused approach. These aspects could help redefine the meme coin space, as the KANG token also has a wide token usage and could experience further price gains as a result. In the P2E world, anyone can earn KANG tokens and other rewards by completing weekly, monthly and quarterly challenges. Players take control of a character, evolve it and unlock unique abilities, and can even buy, sell or trade NFTs with KANG on top of the private marketplace. It is uncertain whether it will be successful or not, there is a risk.
Allegedly, the team behind the project has formed a strategic partnership with RaidSharks, which could help increase overall community engagement as it will also offer a large monthly reward pool.
Floki (FLOKI)
Floki (FLOKI) is a cryptocurrency inspired by the Shiba Inu project, but with a major competitor. It was created by the community in response to Elon Musk’s love for meme coins and has grown into a full-fledged Web3 project.
Floki price has also experienced significant price increases, increasing by 360% in the past year. Moreover, over the past two weeks, the Floki crypto has increased by 12%, rising from a low point of $0.000145 to a maximum value of $0.0001977 over the past week. As a result, sentiment regarding its future is on the rise and according to the Floki price forecast, it could end Q4 2024 at $0.000380, positioning it as one of the most solid meme coins to watch.
Bonk (BONK)
Bonk (BONK) is a meme coin built on top of the Solana blockchain and has experienced massive growth over the past year. The project aims to be a community coin on Solana and will be used in many decentralized applications (dApps) at some point in the future.
For now, Bonk crypto is up 3,149.2% over the past year. In the past week alone, Bonk price has risen from $0.00002121 to a maximum of $0.00002924, positioning it for huge gains in the future as well. According to Bonk price prediction, it could close Q4 2024 at $0.000038, making it one of the most solid meme coins to invest in.
Book of Meme (BOME)
Book of Meme (BOME) is a memecoin that aims to revolutionize meme culture in the decentralized space. The project also has the goal of providing users with an optimized Web3 experience and even provide a safe and hassle-free platform for exchanging cryptocurrencies.
As for Book of Meme price performance, it has continued to rise throughout the past trading sessions. According to measurements on the chart, on a weekly level, Book of Meme crypto rose from a low of $0.008413 to a maximum value of $0.01145. According to Book of Meme price prediction, it could end Q4 of 2024 at $0.0147 and positioned as one of the best meme coins to invest.
Memecoin (MEME)
Memecoin (MEME) is a meme coin compliant with the ERC-20 token standard and has no functions, benefits or even any intrinsic value that promises financial returns. There is no roadmap and it is created just for fun.
However, this did not prevent the Memecoin price from gaining value and climbing to the top of the lists with its transaction volume. Over the past six months, Memecoin crypto has increased by 35%, rising from a low of $0.02264 to a maximum price of $0.03082 in the past week. According to Memecoin price prediction, it could end Q4 2024 at $0.0241, making it one of the best meme coins to buy now.
Making the Right Decision When Switching to Meme Coins
It’s clear that more companies than ever before are diving into the meme coin space. As a result, now is a solid opportunity to diversify assets and start accumulating meme coins. Floki, Bonk, Book of Meme and Memecoin projects may have a future, but it is unclear whether Kangamoon, which wants to be the new meme coin, will be successful.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
