Despite a shaky start, crypto traders expect a strong performance in November, fueled by the US presidential election and the anticipated interest rate cut that will follow two days later.
This could mark the perfect buying opportunity for accumulating gems that could explode throughout the remainder of 2024.
As such, here are our five top picks of what to buy now:
Pepe Unchained
Pepe Unchained is a viral presale meme coin preparing to launch on exchanges.
The project has raised a staggering $24 million in funding, illustrating immense investor demand, for building a meme coin-first Ethereum layer 2 blockchain.
Imagine that blockchain for meme coins that’s 100x faster and much cheaper than Ethereum, yet you could still access it with your Ethereum wallet.
That’s the “Pepe Chain” – it plans to be Ethereum’s home for meme coins.
It’s a tall feat, but there’s significant growth potential ahead if it can be achieved. And judging by its presale raise, traders have full belief that Pepe Unchained will reach its goals.
The Pepe Chain will come with features like an Ethereum bridge, a block explorer, a decentralized exchange, and more.
Investors can buy $PEPU at presale for $0.01219, but this price will rise throughout the ICO.
Michi
Meme coins continue to outpace the market, and today, one of the best performers is Michi.
It’s a Solana-based token and one of the favorites of popular meme coin influencer Ansem.
Ansem holds massive power in the meme coin sector, with his acknowledgement of projects often driving considerable investments.
However, that’s not the only reason Michi is pumping. Whispers are circulating that it may soon be listed on Binance.
While there’s no confirmation, it’s creating a significant buzz in the community.
Currently, Michi is trading at $0.34, up 17% today, 36% this week, and 54% this month. It holds a $188 million market cap and a $17 million 24-hour trading volume.
Crypto All-Stars
Crypto All-Stars is a new staking app for meme coins.
The project lets users stake their meme coins to generate passive income. It will start with 11 of the top projects, but plans to add more later.
Supported meme coins include Dogecoin, Shiba Inu, Pepe, and Bonk.
The native $STARS token holds a unique utility inside the ecosystem. Users must hold it to access the platform, and their rewards are proportional to how much they have.
Users can also stake their $STARS for more rewards. Currently, $STARS staking offers a 517% APY, but this will decrease over time.
The project is in its presale phase and has raised $3 million so far.
Currently, the Crypto All-Stars presale price is $0.0015432. However, this is set to rise in two days.
Spectral
Traders commonly use algorithmic bots to snipe cryptocurrencies at the best prices, among other strategies.
However, new project Spectral is taking things to the next level with specialist trading-focused AI bots.
Spectral allows users to build and customize their own AI agents or use other peoples.
The project has a marketplace for pre-built AI agents to suit the needs and trading goals of all users.
Alongside meme coins, AI has been a dominant narrative in 2024.
Spectral is one of those projects with a clear inside AI and a low market cap.
This creates massive potential, especially given its strong price action recently.
Currently, Spectral is trading at $10.06, up 13% today, 21% this week, and 63% this year. It has a $138 million market cap and a $9 million 24-hour trading volume.
Flockerz
Flockerz is a new meme coin that introduces a decentralized governance system and rewards its participants.
They’re calling it Vote-to-Earn, and it will allow every $FLOCK holder to have a say on all decisions relating to the project’s future and be paid for it.
This will even include managing its treasury, which accounts for 25% of the token’s total supply.
But controlling the project’s future isn’t the only utility of $FLOCK. It can also be used in the platform’s staking layer, which distributes passive rewards to holders over time.
A lot of meme coins are led by centralized teams, diverting from crypto’s core tenet of decentralization. Flockerz retains the fun of meme coins while reminding traders of the importance of distributed governance and decision making.
Flockerz is undergoing a presale and has raised $1.2 million so far. The current $FLOCK price is $0.0059334, but this will rise in two days.