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Top 3 Memes to Generate Wealth in 2024: Floki, Dogecoin and 100x Coin Mpeppe
As we venture further into 2024, the world of cryptocurrency continues to be dominated by meme coins, which have not only captivated the imagination of investors but also offered substantial returns. Among the top contenders for generating wealth this year are Floki (FLOKI), Dogecoin (DOGE), and the emerging gem, Mpeppe (MPEPE). These three tokens are carving out their own unique paths in the market, each with the potential to deliver significant gains for those who invest wisely.
Mpeppe: The 100x Meme Coin Ready to Skyrocket
While Dogecoin and Floki have established themselves in the meme coin space, Mpeppe (MPEPE) is quickly emerging as a serious contender. Mpeppe’s unique approach, combining meme culture with online gambling, has resonated with a broad audience, propelling it to the forefront of the meme coin market. The coin’s presale has been a massive success, with 93% of Stage 3 tokens already sold, and analysts are predicting that Mpeppe could see a 1000% increase in value by the end of September.
What sets Mpeppe apart is its practical application within the online gambling industry. By integrating with a fully operational crypto casino platform, Mpeppe offers more than just hype; it provides a real-world use case that appeals to both retail investors and high-net-worth individuals. This unique value proposition has made Mpeppe one of the fastest-growing meme coins in 2024, with the potential to outpace both Dogecoin and Floki in terms of returns.
Dogecoin: Top Meme Coin Powerhouse
Dogecoin, often hailed as the original meme coin, remains a staple in the crypto world. With its roots as a lighthearted joke, Dogecoin has evolved into a serious contender, largely driven by its vibrant community and strong correlation with Bitcoin (BTC). The coin’s price movements have been closely tied to Bitcoin, with a correlation of 0.92, meaning that any significant change in Bitcoin’s price often results in a similar movement in Dogecoin.
Despite facing resistance at $0.118, Dogecoin has managed to maintain its position above the critical support level of $0.094. This resilience suggests that DOGE could be on the brink of a breakout, potentially leading to a 65% surge, pushing the price towards $0.182. The optimism surrounding Dogecoin and Mpeppe alike is fueled by its strong community support and the belief that the coin still has room to grow, especially if Bitcoin continues its upward trajectory.
Floki: Great Contender With Strong Backing
Floki (FLOKI) has made headlines recently, not just for its meme status but also for its strategic partnerships and marketing efforts. One of the most significant developments for Floki is its partnership with the University of Miami Athletics Department. This multi-year agreement will see Floki’s branding and its Valhalla NFT metaverse game prominently displayed across the university’s athletics platforms. This partnership is expected to increase Floki’s visibility and attract a new wave of investors, particularly among the younger demographic.
However, Floki has faced its own set of challenges. The coin recently experienced a significant drop, falling by 18.42% as market volatility took its toll. Despite this, Floki has managed to recover slightly, holding strong at the $0.00010 support level. The partnership with the University of Miami could be the catalyst needed for Floki to regain its momentum and push towards new highs.
Final Thought On Meme Market Today
The meme coin market in 2024 is brimming with opportunities for investors looking to generate substantial wealth. Dogecoin, with its strong community and correlation with Bitcoin, remains a reliable option. Floki, backed by strategic partnerships and a growing presence, offers a blend of meme appeal and real-world utility. Meanwhile, Mpeppe stands out as the most promising newcomer, with the potential for explosive growth that could surpass its more established counterparts.
For those looking to diversify their crypto portfolios with high-risk, high-reward assets, these three meme coins—Dogecoin (DOGE), Floki (FLOKI), and Mpeppe (MPEPE) —represent some of the best opportunities to generate significant wealth in the coming months. As always, investors should conduct thorough research and consider the inherent risks associated with meme coins before making any investment decisions.
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After a long-running streak of breaking down from support levels, Dogecoin (DOGE) is set to reverse the trend. Recent Dogecoin price action reveals that the bottom is in for the memecoin amid growing chatter for a strong rally.
Dogecoin Price Reclaims Breakdown Signaling The Bottom
Cryptocurrency analyst Trader Tardigrade says recent Dogecoin price action indicates a positive trend reversal following multiple support breakdowns. In his analysis on X, Tardigrade notes that DOGE has reclaimed a previous price breakdown at $0.15300 after a small rally.
After prices dipped below the support level, DOGE quickly recovered, powered by a rally that saw the asset record double-digit gains over the last day. Tardigrade notes that reclaiming the breakdown signals the end of a long-drawn price decline for Dogecoin.
Since the start of the year, the Dogecoin price has been in steep decline, recording three steep price breakdowns without an attempt to reclaim support levels.
“Dogecoin has successfully reclaimed its previous breakdown, marking the first time since the downtrend began in January 2025,” said Tardigrade. “This price action suggests that Doge is gaining strength and may have already reached its bottom.”
The claims that Dogecoin bottom has gathered steam with crypto analyst Master Kenobi predicting that DOGE price will bounce back. Master Kenobi goes on to predict a new all-time high for DOGE in early June, confirming the bottom as well.
Fundamentals Stoke Support For DOGE Bottom Claims
Apart from technicals, certain fundamentals suggest that the bottom is in for the Dogecoin price. 21Shares’ filing for a spot Dogecoin ETF is fuelling a small rally for the dog-themed meme coin.
A previous collaboration between 21Shares and House of Doge for a Dogecoin ETP on the SIX Swiss Exchange is a tailwind for the asset. DOGE has survived the scare stemming from Elon Musk’s imminent departure from DOGE as it eyes the $1 mark.
However, DOGE will have to contend with heavy selling pressure from whales and the broader macroeconomic pressures impacting the cryptocurrency markets to avoid slipping below the support level again.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Virgil Griffith, a former Ethereum developer who worked on the Ethereum Name Service (ENS), has been released from prison on parole and relocated to a halfway house.
Updates posted on X on Wednesday, April 9, 2025, disclosed that Griffith is now starting his return to civilian life after serving some of his sentence for violating US sanctions.
Ethereum Developer’s Prison Release Confirmed By Sources
Brantly Milegan, executive director of Ethereum Identity Foundation, broke the news with a photo of Griffith and his parents outside the prison. Alexander Urbelis, ENS general counsel and part of Griffith’s legal team, confirmed his release from FCI Milan in Michigan.
VIRGIL GRIFFITH IS OUT OF PRISON!!!
just released this morning! he’ll be in a halfway house for a few weeks, and parole after that with work restrictions (so a pardon is still important), but HE IS OUT
pic.twitter.com/Q4jRZmryGk
— brantly.eth (@BrantlyMillegan) April 9, 2025
Griffith was arrested in November 2019 after speaking at a cryptocurrency conference in North Korea. Prosecutors claimed his presentation provided information that could help North Korea evade sanctions and launder money.
From 63 Months To 56: The Sentence Journey
In 2022, Griffith was sentenced to 63 months in prison and meted a fine of $100,000 after pleading guilty to the International Emergency Economic Powers Act. In July 2024, US District Judge Kevin Castel lowered his sentence to 56 months, citing him as a first-time offender.
ETHUSD trading at $1,598 on the daily chart: TradingView.com
Crypto Return Faces Serious Hurdles
Griffith himself starts a several-year probation term. His attorneys are fighting to transfer him from the halfway house to home confinement, but returning to regular life is hindered.
The Department of Commerce placed severe export restrictions on Virgil that will extend until 2032, Urbelis explained. These limits could block his return to the cryptocurrency field.
Presidential Pardon Possibility Under Trump Administration
Before joining Ethereum, Griffith earned a Ph.D. from Caltech and created WikiScanner, a tool tracking anonymous Wikipedia edits. He also worked with Aaron Swartz on Tor2web.
According to Urbelis, Griffith is seeking a pardon from US President Donald Trump. Trump has previously granted clemency to others in crypto-related cases, including Ross Ulbricht and Arthur Hayes.
The case has triggered debate about sharing open-source information versus helping sanctioned nations. Ethereum co-founder Vitalik Buterin has supported Griffith, even signing a petition calling for his release in 2023.
Featured image from Thiessen Law Firm, chart from TradingView
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Cryptocurrency exchange Binance has revealed the listing of BABY, the native token of the Babylon Genesis blockchain. The listing comes as the Babylon Foundation finished its airdrop of 600 million BABY tokens to early adopters and contributors to the ecosystem.
Babylon Genesis Launches As First Bitcoin-Secured L1 Blockchain
The Babylon Genesis blockchain has officially gone live. The project has described itself as the launch of “the world’s first L1 blockchain secured by Bitcoin.” According to an X post by the Babylon team, this launch establishes the Babylon Bitcoin staking protocol as a “foundational infrastructure layer for Bitcoin.”
Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World
Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today.
This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for… pic.twitter.com/tPXa8npbWH
— Babylon (@babylonlabs_io) April 10, 2025
The project brings with it a fresh paradigm to securing blockchains as it employs Bitcoin as the Layer-1 blockchain’s security mechanism. In the system, the holders of Bitcoin are able to stake their BTC in order to secure the Babylon network and, as a reward, receive BABY tokens.
Babylon’s mission is to realize the maximum utility of Bitcoin by reconditioning “idle Bitcoin to be the foundation of the decentralized economy.” Such an approach helps fix Bitcoin’s lack of programmability without violating its security paradigm by using the staking protocol.
BABY Token Airdrop Successfully Launched
Babylon Foundation reported the completion of its airdrop of BABY tokens to early entrants in its ecosystem. According to official information, the airdrop distributed 600 million BABY tokens. This accounts for 6% of the total supply of 10 billion tokens.
In their announcement tweet, the foundation stated: “Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon.”
Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon. There is no transfer restrictions on your BABY. You could also stake your BABY to secure Babylon…
— Babylon Foundation (@bbn_foundation) April 10, 2025
The foundation confirmed that there are no transfer restrictions on the airdropped tokens. This gives recipients immediate freedom to trade or use their BABY holdings. Recipients also have the option to stake their BABY tokens to secure the Babylon Genesis network and earn additional tokens as staking rewards.
The airdrop acts as a reward mechanism for early adopters and as a way to distribute governance rights.
Binance Listing Details And Token Information
Binance’s listing of the BABY token provides immediate liquidity for airdrop recipients and other BABY holders. According to the exchange’s announcement, trading for BABY began on April 10, 2025, at 10:00 UTC. The tokens are available to trade against five different currencies: USDT, USDC, BNB, FDUSD, and TRY.
The leading crypto exchange has applied the “seed tag” to BABY. This generally indicates to traders that the token is in early stages and may carry additional investment risks. Deposits for the token will be enabled six hours after Binance’s announcement. This allows users time to prepare for trading. The exchange’s announcement comes after it unveiled its decision to delist 7 crypto pairs.
The total supply of BABY tokens is set at 10 billion, with the recent airdrop distributing 600 million tokens or 6% of this total supply. This distribution approach aims to establish a broad base of token holders who can participate in the network’s governance from its early stages. According to CoinMarketCap data, Babylon is trading at $0.1032 with a market cap of $234 million.
Vignesh Karunanidhi
Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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