Top Memecoins and Mid-Cap Tokens to Watch Out For Amidst Crypto Market Correction: Bitgert, Pepe Coin, and Shiba Inu
The crypto market has been experiencing a significant correction since Bitcoin’s trajectory took a turn. After reaching a remarkable milestone of $73,000, Bitcoin has struggled to regain its upward momentum and has been trading between $66,000 and $68,000 instead. Amidst this market volatility, it’s essential to identify the most promising altcoins with great investment potential in 2024. In this article, we will delve deeper into three memecoins and mid-cap tokens – Bitgert, Pepe Coin, and Shiba Inu – to shed light on their unique features and potential returns.
**Bitgert:**
Bitgert is a layer-1 blockchain that employs the Proof of Authority (PoA) mechanism to validate transactions and execute them at lightning-fast speeds. While Cardano and Solana have been present in the layer-1 blockchain space for some time now, they have yet to deliver a transaction per second (TPS) rate that could support mass adoption.
Bitgert, however, promises an impressive TPS of 100,000, which surpasses the capabilities of both Solana and Cardano. The memecoin frenzy on Solana has mainly contributed to its surge this bull season, with low gas fee requirements ranging from $0.003 to $0.005. But what sets Bitgert apart is its mind-boggling gas fee of just $0.000000000001!
Bitgert’s token, BRISE, operates with a deflationary mechanism and boasts a limited supply, granting it an edge over Solana and Cardano. The Bitgert blockchain boasts a well-established economy with several projects in operation, a dedicated community, and the potential for returns up to 20.000%.
**Pepe Coin:**
Pepe Coin made its debut in August 2023, aiming to celebrate the essence of the beloved meme Pepe The Frog. In just the last 30 days, Pepe Coin experienced a staggering increase of 651%, translating to an impressive return on investment ranging from 1x to 600x.
Pepe Coin’s appeal stems from its no-tax policy, price-burning mechanism to create a deflationary token, and a redistributive system that rewards long-term stakers.
**Shiba Inu:**
Shiba Inu is one of the most popular dog meme-themed coins, alongside Dogecoin. Launched in 2020, Shiba Inu has shown resilience and consistent growth within the crypto market space. The token experienced an impressive surge of 155% in the past 30 days alone, with no signs of slowing down.
Shiba Inu’s ecosystem includes native projects such as an NFT marketplace, games, and a DEX. Its dedicated community is one of its strongest assets and has been instrumental in driving its remarkable performance during the current bull season.
Though Solana and Cardano have already garnered substantial returns, it is crucial to keep an eye on these three memecoins and mid-cap tokens as they continue to offer exciting investment opportunities amidst the crypto market correction.
