Top Meme Coins to Keep an Eye on in September 2024

• Despite a strong recovery in mid-July, Dogecoin price has already dropped over 13% in August, reflecting the recent bearish trend in the crypto market.
• Dogecoin price is currently trading below both its 50-day and 200-day Exponential Moving Averages (EMAs), which have formed a bearish death cross, indicating the potential for further selling pressure.
• Dogecoin price is maintaining support around the $0.1 level, which corresponds with the S1 Fibonacci pivot point for September. A decisive break below this level could lead to further declines, possibly down to the S2 Fibonacci level at $0.087.
• To initiate a trend reversal, Dogecoin price needs to breakout and sustain above the psychological $0.1 barrier and then surpass the R3 Fibonacci pivot level near $0.15. Successfully doing so could set a target of $0.2 by the end of September 2024.
• Reaching $0.2 in September could pave the way for new targets, with the potential for Dogecoin price to rise to $0.3 by the end of June 2024.

Read more: Dogecoin Price Prediction

Shiba Inu (SHIB)

Shiba Inu is next on the list of top memecoins in 2024 by market cap. After Dogecoin, this is probably the industry’s most recognized meme-inspired crypto asset. From a technical point of view, while Dogecoin is a standalone blockchain, Shiba Inu is an Ethereum-based altcoin, which also happens to feature a Shiba Inu as its mascot.

Shiba Inu is widely regarded within its community as a “Dogecoin killer”, and was built by an anonymous individual or group known as Ryoshi as recently as August 2020. 

Shiba Inu has had a tough year in 2022 but has recovered moderately since the beginning of 2023, in a crypto market rally led by the heavyweights like Bitcoin and Ethereum. Shiba Inu’s community, however, has been strong as ever and it has continuously been engaged in support of the token, thanks to which the ecosystem is beginning to see newer and newer projects being built on it. Shiba Inu has its own metaverse, where players can interact in a decentralized way, earn rewards and enjoy.

Current Price	$0.000013
Market Cap	$8 billion
Circulating Supply	589.29 trillion SHIB
Max Supply	NA
Vol (24H)	$123 million
Change (YTD)	+31.5%
Founder	Ryoshi (anonymous)

• Following a lackluster 2023, Shiba Inu price has surged significantly since late February 2024, reaching a peak with nearly a 300% increase in March.
• In a notable rally, SHIB price soared from below $0.00001 to nearly $0.00004 in March before correcting back down to below $0.000015.
• Similar to Dogecoin, Shiba Inu price is currently trading well below both its 50-day and 200-day EMAs, primarily due to the ongoing bearish trend in the broader crypto market, which has also led to a bearish death cross.
• Currently, SHIB price is trading approximately 500% below its previous all-time high of around $0.000089. Psychological resistance may arise near this level, while the range of $0.00001 to $0.000011 could provide support, closely aligning with the S2 Fibonacci level for September 2024.

Read more: Shiba INU Price Prediction

Pepe (PEPE)

One of the most recent entrants into the list of top memecoins in 2024 is the Ethereum-based memecoin PEPE has to be one of the fastest-growing crypto assets since its launch. Despite the market humdrum, PEPE has delivered mind-boggling numbers in terms of growth in the token. PEPE is based on the very popular internet meme of a green cartoon frog, which has become a symbol of internet culture and humor. It was launched with the promise that the time of the dog-based memecoins was over and the frog was about to take over.

According to their official website, the PEPE memecoin has been designed to be the “most memorable memecoin in existence.”  The website also mentions that by design, PEPE has no intrinsic value:

“PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

It’s worth noting that this is nothing new in the world of crypto. Multiple memecoins have existed in the past, making no claims and outright alarming users that they have no value whatsoever. In the very brief time it has been trading in the market, it has shown a very rapid rally of over 400% since its launch, has managed to maintain that level, and is currently ranked 111 on CoinGecko. It had even managed to breach into the top 100 for a brief while before retreating back.

Current Price	$0.0000075
Market Cap	$3.18 billion
Circulating Supply	420.69 trillion PEPE
Max Supply	420.69 trillion PEPE
Vol (24H)	$367 million
Change (YTD)	+482.1%
Founder	Unknown

• In the midst of ongoing activity in the memecoin market, where established players like Dogecoin and Shiba Inu dominate, newcomer Pepe has emerged as a formidable contender. It has seen a significant price surge, securing its place in this competitive space.
• Pepe price surged from below $0.000007 to around $0.000014, effectively doubling in value before settling below $0.00001 after the recent crypto market correction. Previously, it held above $0.00001, indicating potential for a continued rally.
• Pepe coin price surged even further, briefly surpassing the key $0.000017 level before undergoing a minor correction and stabilizing just above $0.00001 last month in July.
• Currently, Pepe price is trading just below the 50-day EMA but above the 200-day EMA, with technical indicators suggesting a moderately bearish outlook in the short to medium term due to recent market corrections. The downward channel on the chart indicates a decline, and a breakout from this trend is needed to regain buying momentum.
• Pepe price trajectory is entering uncharted territory, with milestones like the $0.00002 mark emerging as potential targets by the end of September 2024, suggesting further upward movement and market expansion if key levels like the 50-day and 200-day EMAs are breached again on the upside.
• Conversely, if the market faces a downturn or correction, Pepe price is expected to find support at the psychological level of $0.000005, which aligns with the S3 Fibonacci level for September 2024. This level will be crucial for investors and analysts in evaluating price dynamics and market sentiment.

Dogwifhat (WIF)

Up next on the list of top memecoins in 2024 is Dogwifhat (WIF) has emerged as a significant player in the memecoin market, positioning itself as a top contender among the meme coin heavyweights. In 2024, WIF has swiftly climbed the ranks to become the third-largest meme coin by market capitalization, surpassing Pepe. This Solana-based meme coin made a remarkable debut in 2023, experiencing a substantial surge from a low of $0.2 to a high of $2.09, showcasing an impressive growth trajectory.

The success of Dogwifhat can be attributed to its strong community support, strategic listing on major exchanges like Binance, and the robust Solana ecosystem it operates within. Analysts have noted that the significant surge in WIF’s price is not merely a result of hype but also due to sustained interest from whales and the overall strength of the Solana network. With projections indicating a potential price target of $5 by the end of 2024, Dogwifhat stands out as a meme coin project to watch closely for further developments and price movements.

Current Price	$1.58
Market Cap	$1.58 billion
Circulating Supply	998,845,666 WIF
Max Supply	NA
Vol (24H)	$333 million
Change (YTD)	+941%
Founder	Unknown

• WIF price has been fluctuating within an expanding range, reflecting mixed market sentiments influenced by trading volume and overall market outlook. Currently, the sentiment leans moderately bearish, with the price stabilizing significantly below its recent high.
• Among the leading memecoins, WIF price has experienced the smallest decline during the broad crypto market correction in August 2024.
• Although Dogwifhat price is stable at present, there is potential for consolidation, which could lead to price stabilization before possibly resuming an upward trend.
• This period of stability could pave the way for a renewed upward movement, potentially allowing WIF price to revisit its $4.8 peak and break through the critical $5 resistance level. However, to achieve this, WIF price must regain bullish momentum by surpassing the $2.5 level, where it traded just weeks ago.
• The bearish death cross between the 50-day and 200-day EMAs may exert downward pressure on the memecoin, but a breakout above these EMAs, followed by sustained trading above them, could trigger a golden crossover, enhancing bullish prospects.
• For bullish momentum to take hold, WIF price must break through the R1 Fibonacci pivot level for September, around $2. Once this level is surpassed, the price could target $2.7 to $2.8 before the month’s end.
• On the downside, the area between the S1 and S2 Fibonacci pivots for September, near the psychological $1 level, should serve as a strong support zone. This level has previously held as support and represents a key psychological demand area.

Bonk (BONK)

Bonk (BONK) has swiftly emerged as a noteworthy token in the list of top memecoins in 2024. Characterized by its vibrant community and unique approach, Bonk has garnered attention due to its distinctive meme-inspired branding and active social presence. With its unmistakable logo and engaging community-driven initiatives, Bonk has cultivated a dedicated following.

The coin’s rising market cap positions it among the top memecoins in 2024 by market capitalization, showcasing its growing popularity among crypto enthusiasts. Backed by an active community, Bonk fosters engagement through memes, playful narratives, and social media interactions, contributing to its allure as a notable memecoin.

Investors and enthusiasts looking for the next big memecoin often consider Bonk due to its vibrant community engagement, growing market cap, and the potential for further expansion in 2024 and beyond. As the memecoin landscape evolves, Bonk remains on the radar as an intriguing player in this niche market segment.

Current Price	$0.000017
Market Cap	$1.22 billion
Circulating Supply	70.15 trillion BONK
Max Supply	100 trillion BONK
Vol (24H)	$89 million
Change (YTD)	+39.3%
Founder	Dexlab, Founders anonymous

• Among the top memecoins in September 2024, Bonk price has been one of the better performers, experiencing the smallest decline and continuing to trade above its long-term support level (highlighted in blue).
• Over the past year, Bonk price has shown robust performance, particularly gaining momentum since October 2023. As 2024 progresses, BONK price trajectory remains positive, benefiting from a broader memecoin rally.
• Currently, BONK price is trading above the S1 Fibonacci pivot level for September; a breakout above the base Fibonacci level of $0.00002 could target $0.000035 and potentially $0.000041, representing a possible 100% increase from current levels.
• If the market turns bearish, the $0.000015 to $0.000016 range is expected to provide support for BONK price, closely aligning with the S1 Fibonacci pivot level for September.

Floki Inu (FLOKI)

Well, as it turns out – almost every major meme crypto has some link back to either Dogecoin or the Dogefather, Elon Musk. This time around the next member in the list of top memecoins in 2024 is Floki Inu that was named after Elon Musk’s very own Shiba Inu puppy, and its popularity as a crypto project has skyrocketed. While, it is built on the idea of a joke and a meme, it attempts to wholly own that meme status to bring out utility in various forms to stand out from the thousands of other memecoins flooding the market.

Floki is a crypto project that was initially started as a meme but was soon fully transitioned into a living breathing Web3 project, spanning across sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and more recently, its own metaverse. Some from the community even like to call Floki, “The People’s Crypto”.

FLOKI, the native crypto token associated with this project is a multi-chain token that operates both on Ethereum and BNB Chain as it is built to be both ERC-20 and BEP-20 compliant. Thus, FLOKI tokens can be bridged between these two chains very easily allowing holders to be able to do more with their tokens, bringing about an extra level of interoperability. It’s metaverse, Valhalla has been gaining a lot of momentum recently, too!

Current Price	$0.000124
Market Cap	$1.18 billion
Circulating Supply	9.58 trillion FLOKI
Max Supply	NA
Vol (24H)	$165 million
Change (YTD)	+251.8%
Founder	B PetaByte Capital, Sabre and Mr Brown Whale (Anonymous)

• At the beginning of 2024, FLOKI price experienced an extraordinary rally, with its price soaring by 730% at its peak and and still maintaining a healthy 250% despite the marketwide correction.
• In March, FLOKI price surged impressively by 460% at its peak, breaking through the significant $0.0003 psychological barrier, which it surpassed again at the end of May 2024. However, since early August, the memecoin market, including FLOKI, has undergone a notable correction, with the price falling by over 30%.
• Currently, FLOKI price is trading just below the base Fibonacci pivot level for September 2024, hovering around the psychological level of $0.00015.
• For FLOKI price to regain bullish momentum, it must break above the base Fibonacci pivot level at $0.000128 and then break out and sustain its position above both the 50-day and 200-day EMAs. A subsequent breakout above the R3 level at $0.0002 could pave the way for new targets at $0.00025 and potentially $0.0003.
• On the downside, if the market turns bearish, the psychological level and the S1 Fibonacci pivot level for September at $0.0001 could offer support for FLOKI price.

Read more: Top Ethereum ERC-20 Tokens

DOGS Token (DOGS)

The DOGS token has rapidly emerged as one of the most talked-about memecoins in recent months. Created as a playful yet bold tribute to the internet’s obsession with dog-themed cryptos, DOGS capitalizes on the viral nature of memecoins while also introducing some innovative features. Unlike other memecoins that thrive purely on hype, DOGS aims to build a robust ecosystem with community-driven initiatives, staking opportunities, and utility-focused developments.

What sets DOGS apart is its aggressive marketing and the support it has garnered from influential figures in the crypto space, including nods from social media giants and endorsements from well-known personalities. The recent buzz surrounding DOGS intensified after the token was listed on major exchanges like CoinDCX, further legitimizing its presence in the market.

Moreover, the DOGS community has shown remarkable engagement, driving up trading volumes and maintaining the token’s visibility across various platforms. As more users flock to memecoins for quick gains and entertainment, DOGS has positioned itself as a serious contender, blending meme culture with strategic growth, making it one of the top memecoins to watch in 2024.

Current Price	$0.0011
Market Cap	$572 million
Circulating Supply	516.75 billion DOGS
Max Supply	NA
Vol (24H)	$81 million
Change (YTD)	+100%
Founder	Pavel Durov

• The DOGS token initially launched at a price of around $0.00055 and experienced a significant rally shortly after. This rally saw the token more than triple in value before undergoing a slight correction, though it remains over 100% higher than its launch price.
• Due to its recent entry into the open market, the DOGS price requires more time for comprehensive technical analysis and a clearer view of future price action. Despite this, the overall market structure for the DOGS price appears promising.
• Currently, the token is trading above the psychological price level of $0.001, suggesting strong market support. The next logical price target for the DOGS price, once it breaches its all-time high (ATH), is anticipated to be around $0.005.
• On the downside, the price region between $0.00055 and the S1 pivot point at $0.0006 is expected to serve as a key support zone. This support zone is particularly significant as it corresponds with the token’s launch price, indicating a strong foundation for potential price stabilization.

Read more: Top Crypto Airdrops

So, How can you invest in these memecoins?

Today, investing in these top memecoins in 2024 is extremely simple with the CoinDCX App! Just download the CoinDCX App crypto investment app, enter the required details, and wait for your profile to be verified. Once done, fund your wallet, and you can now buy any memecoin coin of your choice!

Conclusion

To conclude, this article compiles a list of some of the most well-known and well regarding projects in the crypto industry that belong to the very exciting world of memecoins and community fervor. While there is a lot of skepticism around these projects in the market, as mentioned earlier – the amount of community support these kinds of projects get is simply unparalleled.