The cryptocurrency market might be gearing up for a rally in November 2024. The US Presidential election on Nov. 5, 2024, may have positive consequences for the market. Many analysts anticipate a market-wide rally if Donald Trump takes charge of the Oval Office due to his pro-crypto and pro-business policies.
Also Read: Dogecoin Price Prediction: Can DOGE Hit $0.5 After US Elections?
Memecoins have had quite a year in 2024, with many new meme cryptocurrency assets entering the top 100 projects by market cap. With that said, let’s look at three meme coins that could give big returns in November.
Top 3 Meme Cryptocurrencies That May Rally Big In November ’24
1. Pepe (PEPE)
PEPE has performed incredibly well over the last year. Since its launch in April 2023, the cryptocurrency has gained quite a fan following. PEPE is currently down by nearly 48% from its all-time high of $0.00001717, which it attained in May of this year.
Also Read: Vitalik Buterin Defends Ethereum Strategy Amid Data Bloat Concerns
According to CoinCodex analysts, the frog-themed meme cryptocurrency could surge to a new all-time high of $0.00003088 on Nov. 25, 2024. Hitting $0.00003088 from current price levels will translate to a rally of about 242.3%.
2. Dogwifhat (WIF)
WIF is another memecoin that has witnessed stellar growth over the last year. The asset is currently down by nearly 50% from its all-time high of $4.83, which it attained in March of this year. The Solana-based meme cryptocurrency will enter a bullish leg in November 2024.
According to CoinCodex researchers, WIF could hit a new all-time high of $8.36 on Nov. 25, 2024. Hitting $8.36 from current price levels will translate to a rally of about 242.6%.
3. Popcat (POCAT)
POPCAT is another Solana-based meme cryptocurrency that may witness massive returns next month. The asset made a name for itself earlier in the year when its price skyrocketed. POPCAT is currently down by only 7.6% from its all-time high of $1.67, which it attained on Oct. 24, 2024.
Also Read: People on the Streets Know More About the Economy Than Kamala Harris
The analysts at CoinCodex predict the cat-themed cryptocurrency will hit a new all-time high of $5.18 on Nov. 25, 2024. A rally of about 236.36% will result from hitting $5.18 from current price levels.
