Traders Are Focusing On These Meme Coins In June: SHIB, FLOKI, PEPE, and APORK
The post Traders Are Focusing On These Meme Coins In June: SHIB, FLOKI, PEPE, and APORK appeared first on Coinpedia Fintech News
The month of May continued the unprecedented surge of the meme coins. While there has been obvious stagnation occasioned by the market pause, traders are hopeful for a bullish June. As a result, some of the traders are focusing on accumulating the top meme coins that have been trending over the past few weeks. The meme coins are SHIB, FLOKI, PEPE and APORK. Let’s have a go at each of them.
Traders Eye Angry Pepe Fork (APORK) In JuneAlongside SHIB, FLOKI, and PEPE, APORK is a new meme coin that is currently attracting traders. The new meme coin boasts an incredible utility, allowing users to engage in physical challenges on the battlefield. The project aims to become the pioneer driver of the conquer-to-earn model with amazing rewards lined up for winners.
In a keenly contested battle, individuals can earn free APORK tokens and become designated members of the community. While most projects leave staking options by the presale end, APORK allows users to earn massive APY benefits right from the presale. With more functionalities expected through the various collaboration talks with new partners, APORK is one of the best meme coins that is projected to shine in 2024.
In the first stage of the presale, APORK is selling at $0.014. Considering the features of this meme coin, there is every possibility of improved price action in the coming weeks. Owing to its unique features as a Solana-based meme coin, analysts believe that APORK can dominate the $60 billion worth meme coin market and possibly surpass the early year jump of DogWifHat.
Investors Turn to SHIB as Price GrowsWith Shiba Inu’s big jump in recent weeks, many traders are beginning to accumulate the token. Looking at the Shiba Inu price trajectory, the meme coin price has jumped by more than 200% in the past year. Even though there has been a slight slowdown from the Shiba Inu market cap, its value remains high, ranking as the 11th largest crypto.
Over the last month, Shiba Inu’s price has made a gain of 19% reflecting its positive outlook. Shiba Inu’s growing community is also another reason traders are pumping their funds into the meme coin. Although the token is about 71% from its ATH record, a continuation of this momentum could take the Shiba Inu price to $0.00005 in 2024.
FLOKI Coin Attracts Buyers With Massive UpswingFloki is a vast ecosystem that combines a metaverse, a DeFi, an NFT marketplace, and an educational platform. This has led to its continued growth across the meme coin market. Floki price has increased over 700% in one year and currently has a huge 64% growth in the past month.
Even though the Floki market cap suffered some bearish pullback in the past week, there is growing optimism among buyers that Floki is one of the best meme coins to buy now. With Floki set to roll out a new trading bot, the token may set a new ATH in 2024.
Buyers Focusing On Pepe Coin After Clear LeadPepe’s biggest jump was in 2023, climbing by a massive 7000%. The Pepe token has continued its momentum with a 136% increase in the last month. This has led to a new all-time high record of $0.00001718 achieved on May 27, 2024.
In this timeframe, Pepe’s market cap has surged above $6 billion with Pepe’s trading volume also continuing the flow. Seeing this, traders are making smart moves and are getting drawn into the Pepe project to profit hugely in 2024.