Leading meme coins that have brought altcoin traders greater profits than Bitcoin in the first half of 2024 include Dogwifhat (WIF), Pepe (PEPE), Floki Inu (FLOKI), and Bonk Inu (BONK).
Could Flockerz (FLOCK), the new bird-themed meme token currently in presale, become the next penny cryptocurrency to fatten crypto exchange accounts and MetaMask wallets around the world?
With the meme coin market on such a high, altcoin gem hunters are pulling out all the stops. Memes have delivered ROI (return on investment) on par with many of the fast-growing Layer 2 utility coins that have “real use cases.” Of course, meme coins have a real use case: they’re money.
This is one of the most universally relevant use cases of information technology.
Meme coins to surpass Bitcoin in first half of 2024
See the list here From Forbes Some of the cryptocurrencies that achieved a higher ROI than Bitcoin in the first half of the year, many of which are meme coins (memes in bold).
- Dogwhif Hut: Up 1,306% to $2.1 billion market cap
- Pepe: Up 815% to $5 billion market cap
- Artificial Intelligence Alliance: up 545% to $3.6 billion market cap
- Floki: Up 392% to $1.6B market cap
- Jasmecoin: Up 343%, Market Cap $1.4 Billion
- Arweave: Up 188% to $1.8B market cap
- Core: Up 152%, market cap $1.2 billion
- Toncoin: Up 135%, market cap $18.8 billion
- Bigget: Up 100%, market cap $1.6 billion
- Bonk: up 90%, market cap $1.5 billion
So far this year, three of the top four cryptocurrencies with the highest ROI performance are major meme currencies with large market caps.
Like Bitcoin, we don’t know who started Dogwifhat, Pepe or Floki, they just appeared on the internet one day and were understood by those who could understand them.
Of course, Bitcoin is the poster child of all cryptocurrencies, it was very revolutionary and it was the beginning of the whole Web3 layer of the internet, so initially not many people understood what Bitcoin was.
But by the time meme coins like WIF, PEPE, and FLOKI emerged, the Web3 revolution had already scaled to millions, and smart contracts and currency issuance on base-layer blockchains like Ethereum and Solana had reached a critical threshold of general public acceptance and celebrity praise by the time DOGE and SHIB recorded their incredible rise in 2021.
(Check out Flockerz for reasons why altcoin traders should buy FLOCK in 2024. It has everything you need in a good starter meme coin: token staking for yield, decentralized organization, and earn by voting.)
The 2021 meme coin market replay is underway
2021 was a landmark year for the cryptocurrency market. Green candles on price charts everywhere were incredible by the standards of previous growth in asset prices in liquid markets. By that time, the Internet had consolidated a vast amount of financial resources that far exceeded the level of wealth ever accumulated in the entire history of mankind.
When the US central bank began an unprecedented balance sheet expansion in response to the 2008 financial crisis, the total currency supply of US dollars in circulation increased many-fold. This was a truly radical experiment in financial engineering.
But it ended up being a huge success, even though central bank econometricians worried it wasn’t radical enough.And in the years leading up to the pandemic, central bank technocrats worried that a deflationary spiral could upend financial markets by straining debt holders’ ability to earn weak dollar returns to repay nominally the same debt.
American history has once again demonstrated that the fundamental economic constraint on our productivity was not a lack of resources but a lack of sufficient capital to match them in an exchange economy.
Bitcoin was already launched during the financial crisis as a hedge against the inflation of money coming out of the printing presses. By 2021, currency issuance on smart contract platforms like Ethereum was meeting the economy’s need for more money, and providing more ways to track how participants in the economy organize and coordinate their resources.
Flockerz (FLOCK) Presale Soars
Behind the green door is an old piano, playing enthusiastically. Green door, what secret are you hiding?
As the free-market monetary revolution leads to a rising sea of new money, altcoin traders are finding green candles all over the place as they fill their bags with a variety of new issuances.
Flockerz has emerged to increase the wealth of the new currency and produce continuous green candles. The company’s new meme coin, FLOCK, follows in the footsteps of popular dog and frog memes such as Floki and Pepe.
The new FLOCK currency has been performing well in its presale, with the specially priced Early Bird token pool sale event getting off to an early start at $230,000.
Click here to get $FLOCK in the presale
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