Cryptocurrency strategist identifies 10 digital meme tokens to watch in 2024

Not financial advice!

The well-known crypto blogger Lark Davis has published another post on the X platform. The analyst identified 10 most promising meme coins that crypto users should pay attention to in 2024.

The market researcher noted that there has been some «decent action in these asset classes over the past month.» Davis emphasized that this is only the beginning.

The analyst expressed confidence that market participants will see «crazy growth» in meme cryptocurrency quotes at the end of the bull run of 2024−2025. Davis said that he will be keeping an eye on the Bonk token (BONK) first. This digital currency is the top of its class based on the Solana blockchain SOL $138.64 Solana 1.07% Market capitalization $64.26 billion VOL. 24 hours $0.8 billion .

The crypto expert noted that the market capitalization of the meme coin is $ 738 million, which is still 50% below the historical price high (ATH) reached on December 23, 2022. According to Davis, if the blockchain and Solana’s native cryptocurrency continue to show strong results in the market, BONK «has huge potential.»

According to the data for the last 30 days, the value of Bonk has increased by almost 73%. The virtual asset was trading at $ 0.12. Its total supply amounted to $ 770.6 million, and the daily transaction volume reached $ 143.2 million.

The year before last, in September, crypto whistleblower ZachXBT created a Twitter thread accusing Lark Davis of Pump & Dump schemes. The author of the thread gave eight examples of how Davis' wallet (the address was publicly available) received tokens from new cryptocurrency projects with low capitalization. After publishing advertising posts, the blogger sold the coins he received. ZachXBT then claimed that Davis had fraudulently earned more than $ 1.2 million.