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Expert Predicts Meme Coin Rally, Shares Top 5 Picks: MEW, WIF, MAGA, and Others

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2024-07-28 21:25:08786browse

The upcoming memecoin season in the crypto market is predicted to be the largest in history, according to Sjuul from AltCryptoGems.

Expert Predicts Meme Coin Rally, Shares Top 5 Picks: MEW, WIF, MAGA, and Others

Cryptocurrency influencer Sjuul is known for his enthusiasm for memecoins and his ability to identify promising coins early on. Recently, he shared his thoughts on the upcoming memecoin season and revealed his top five memecoin picks.

According to Sjuul, the upcoming memecoin season is shaping up to be the biggest in crypto history, presenting a unique opportunity for retail investors to capitalize on memecoins' massive potential. In a recent tweet, Sjuul highlighted the key reasons why memecoins are the best bet this cycle and shared his top picks.

Highlighting the current state of the crypto market, Sjuul points out how the market favors those with deep pockets, often leaving smaller retail investors behind. He notes that recent crypto ventures have seen starting fully diluted valuations (FDVs) as high as $15 billion, $5 billion, and $10 billion for projects like Wormhole, EtherFi, and Ethena, respectively.

In contrast to these high-ticket crypto projects, memecoins launch with FDVs of less than $5 million, presenting a unique opportunity for smaller investors to get involved on the ground floor. This accessibility, coupled with the fun nature of memecoins and their frequent listings on exchanges, makes them a crowd favorite among retail investors.

Sjuul went on to reveal his top memecoin picks, which he believes hold significant potential in the upcoming rally. These coins include $WIF, $BRETT, $MEW, $MAGA, and $COQ, each offering unique attributes that resonate with the crypto community.

$WIF is a memecoin that aims to connect people through decentralized Wi-Fi networks, a concept that has garnered attention and support within the crypto space.

$BRETT is another memecoin that has gained traction due to its association with Brett Favre, the legendary NFL quarterback. With its unique qualities and potential, $BRETT is poised to make waves in the upcoming memecoin season.

$MEW is a memecoin that has charmed the crypto community with its simplicity and relatability. As one of the OG memecoins, $MEW is expected to continue captivating hearts and minds throughout the upcoming memecoin season.

$MAGA is a memecoin that has polarized the crypto world with its political undertones. Despite the controversy, $MAGA has managed to rally a devoted following, setting the stage for an interesting journey in the upcoming memecoin season.

$COQ is a memecoin that has hatched its way into the crypto scene, embodying the spirit of memes and attracting a community of supporters. As the upcoming memecoin season unfolds, $COQ is sure to ruffle some feathers and spread its unique charm.

Keep an eye on these memecoins and be a part of the upcoming memecoin season. Don't forget to follow Captain for more crypto calls and updates.

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