Underrated Meme Coins Leading the Crypto Market Rally in 2024: BLAST and SMIDGE on the Rise
The crypto market is abuzz with excitement as underrated tokens experience a relief rally, with meme coins leading the way. In 2024, hype-focused, community-driven coins are set to dominate the market, with names like PEPE, WIF, and BONK taking the lead. However, it’s the low-cap, underrated meme coins that offer massive upside potential, with the SMIDGE token teasing a massive bull run ahead.
One of the standout performers in this space is the recently launched Ethereum layer-2 token, BLAST. With a unique selling point of offering native yield for both ETH and stablecoins, BLAST has quickly gained traction in the market. Currently standing at a market cap of $429,464,831 and trading at $0.025, BLAST has seen a 20% intraday rise, signaling a bullish trend in the early days of its launch.
Investors are keeping a close eye on BLAST as it has the potential to reach $1 in the near future, driven by key catalysts such as the Ethereum ETF listing and a broader market bull run. Meanwhile, the SMIDGE token, a smaller and cuter version of the popular meme coin PEPE, has also seen a surge in demand, with a 164% intraday gain. With its rising popularity and viral presence on platforms like 4chan and Reddit, SMIDGE is poised for a PEPE-like bull run in the coming weeks.
As the crypto market gears up for a recovery, these meme coins are certainly ones to watch for investors looking to capitalize on the anticipated bull run.