The cryptocurrency market shines a spotlight on several Ethereum meme coins to buy that are currently valued under one dollar. Notable among these are Pepe (PEPE), Shiba Inu Coin (SHIB), and Floki (FLOKI). Each of these digital currencies has seen impressive gains recently, attracting the interest of investors aiming for significant returns. Their growing popularity may suggest they are viable options for turning a small investment into considerable profits in the volatile crypto market.

1. Pepe (PEPE)

Pepe (PEPE), a new cryptocurrency on the Ethereum blockchain, is swiftly gaining traction. It aims to match or surpass the success of iconic meme coins like Shiba Inu and Dogecoin. Currently holding the 35th spot in market rankings, Pepe coin boasts a market cap of $3.22 billion. 

Enhanced support from platforms like Coinbase and significant acquisitions by large-scale investors have propelled its visibility and value. Market trends and a rise in similar meme coins also contribute to Pepe bullish momentum.

Pepe price chart

Presently, the Pepe price is $0.000007638, marking a 5% increase in the last 24 hours. This recent surge has positioned it as today’s most popular meme coin on CoinMarketCap. Over the last week, it has witnessed a substantial 47% increase. Over the past 12 months, PEPE value has skyrocketed by 3368%, highlighting it as a potential investment for significant returns this weekend.

2. Shiba Inu Coin (SHIB)

Shiba Inu Coin (SHIB) continues to flourish within the decentralized finance realm. As another Ethereum-based digital asset, it has recently seen a 3% rise in its value. The current price of Shiba Inu stands at $0.00002577, suggesting continued growth. With a 146% increase over the past year, SHIB remains a strong contender in the market.

Ranked 11th by CoinMarketCap, SHIB has a market capitalization of $15.18 billion. Factors such as enhanced trading volume, strategic token burns, and the introduction of Shibairum are driving its upward trajectory. This makes SHIB another attractive meme coin for potential investors looking for substantial gains.

3. Floki (FLOKI)

Floki (FLOKI), initially recognized as a meme coin, has evolved significantly in the web3 realm. It now engages prominently in the Metaverse, decentralized finance (DeFi), and non-fungible tokens (NFTs). Dubbed “The People’s Crypto,” Floki integrates popular internet culture with cutting-edge, practical projects. 

Floki price chart

As of now, Floki price stands at $0.0001885, marking a 4% increase in the last day. It holds the 55th position in global market capitalization, valued at $1.8 billion, and is showing promise for substantial future gains following trends seen in other Ethereum-based meme coins.

4. Grok (GROK)

Grok (GROK) is carving out a space in the meme coin sector. It gains its inspiration from the Grok AI project by Elon Musk’s X company. This association has significantly heightened its profile, pushing it to the forefront of AI-related meme cryptocurrencies. 

Grok price is trading at $0.008313, reflecting a slight 2% dip over the past day. With a market capitalization of $52 million, it is ranked 596th on CoinMarketCap, highlighting its position among the top Ethereum meme coins.

5. Bonk (BONK)

Bonk (BONK), a newly minted dog-themed cryptocurrency on the Solana network, has made a significant splash by allocating half of its tokens to the Solana community. This strategy has vaulted its market capitalization to a robust $1.74 billion. At the time of writing, the Bonk price is trading at $0.00002667, which represents an 8% increase over the past 24 hours. 

This trend reflects a 79% rise over the past week and an astonishing annual gain of 4100%. Such dynamics suggest BONK could be a lucrative investment, especially as it rides the growing popularity of Solana, positioning itself as a top meme coin with the potential for exponential gains.

6. CorgiAI (CORGIAI)

CorgiAI (CORGIAI) has carved a niche within the artificial intelligence sphere, fueled by a vibrant community-driven project. The introduction of its Corgi Cre8r tool, enabling users to generate text-to-image NFTs, showcases its commitment to innovation. 

CORGIAI price chart

Despite a slight 1% dip in its price today, CorgiAI’s token, currently valued at $0.001672, has surged 542% this year. This impressive performance highlights its appeal as a promising investment among Ethereum meme coins, hinting at substantial returns for future investors. The current CoinMarketCap ranking is 3097, with a market cap of 507 million.

Bottom Line

As the crypto market continues to evolve, these selected Ethereum meme coins represent promising opportunities for investors. With their low entry price and recent upsurge in popularity, they are prime candidates for potentially lucrative investments this weekend.

The post 6 Under $1 Ethereum Meme Coins To Buy This Weekend For 50X Gain appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am