The meme coins are making a comeback as the recovery rally in Bitcoin crosses the $66K mark momentarily. Further, the anticipations for a bounce
As the apex crypto, Bitcoin's price action largely determines the broader crypto market. Hence, the BTC rally is closely watched by traders and investors alike. Notably, a sustained BTC rally usually triggers a FOMO (Fear Of Missing Out) rally in meme coins.
As the meme coins mania rolls out, here are the top 3 coins to buy for a 10x rally to turn $100K to $1M in the October bull run.
Top 3 Meme Coins to Turn $100K to $1M
Floki (FLOKI)
With a market cap of $1.56 billion, Floki stands as the 53rd biggest cryptocurrency in the crypto world. Currently, the Floki token is trading at $0.001636, with a 22% surge in the last seven days.
On the technical front, the Floki price action showcases a trend reversal rally gaining momentum. As per the previous bull run in March 2024, the token has the potential for a 10x surge. Considering the ongoing rally, the 10x surge will hit the $0.0013.
Hence, with the massive upside potential, Floki is one of the top meme coins to turn $100K into $1M in the coming bull run.
Gigachad (GIGA)
The Gigachad meme coin has a market cap of $230M and the GIGA token has increased by 15.70% in the past 24 hours. Being a meme coin with a lower market cap, the GIGA token has a high possibility of a stronger bullish trend.
In the daily chart, the market cap of the meme coin showcases a potential of a 325% return in August 2024. Moreover, the logarithmic daily chart showcases a potential of almost 2000% with the recent rounding-bottom reversal and the Fibonacci retracement levels. Notably, the 3.618 Fibonacci level showcases a price target of $0.48.
Check out Coinpedia’s Dogecoin price prediction to learn about the biggest meme coin, DOGE, targets in 2024.
Dogelon Mars (ELON)
The Dogelon Mars is a meme coin that combines Dogecoin and Elon Musk. With a market cap of $76.81 million, the ELON token is trading at $0.000001398. In the weekly chart, the Elon token showcases a massive bull run in the 2021 market.
Concluding the long-coming downtrend, the Elon token is ready for a bounce back. Considering a potential similar bull run in late 2021, the ELON token will reach up to $0.000006399. Hence, with massive upside potential, the Dogelon Mars token is a top meme coin to turn $100K into $1M in the October bull run.
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