$DOGS Explodes to $700M: Which New Meme Coin Is Next?

$DOGS is the latest meme coin sensation. It has occupied the first place on the CoinMarketCap hot list this week, exploding to a $700M market cap.

Built on the TON blockchain, $DOGS is capitalizing on strong speculative momentum, unlocking Telegram’s massive user base and native meme culture.

$DOGS Explodes to $700M

Solana and Base meme coins were all the rage in the first half of 2024. The spotlight is turning to TON meme coins in the second half, as $DOGS exemplifies. The market cap of the new meme coin broke $700M. It has made its way to the top-100 crypto chart. Zooming in on the meme coin market, $DOGS has the eighth ranking. But the buying frenzy slowed down as TON blockchain and Telegram experienced outages. Whether it is temporary or the beginning of a sharp decline remains to be seen.

The key appeal of $DOGS lies in its wide user base. It welcomes investors who have long been apprehensive of crypto to join the meme coin community. The fun ecosystem prioritizes community ownership and fair reward distribution.

A Force to Reckon With

$DOGS has amassed around 17 million subscribers on Telegram, solidifying its position as a top meme coin to watch now.

TON faced a major outage this week as the demand for $DOGS grew to new heights. Within the first 10 hours of going live, the token raked in over $1.7 billion in trading volume. Touted as the “most Telegram-native memecoin”, $DOGS takes inspiration from Spotty, the pet dog of Telegram founder and CEO Pavel Durov.

Durov was arrested in France on Aug. 24 for unspecific charges. He is an influential figure in the decentralized community. But data privacy and cybersecurity concerns have been landing tech giants in legal hot water over the last few years. The outpour of support has worked in favor of $DOGS.

But investors are not ready to settle for DOGS. More meme coins are turning heads this season.

Which New Meme Coin Will Explode Next?

Crypto All-Stars ($STARS) is another meme coin sensation of this season. The project is making waves with MemeVault, a multi-token, multichain staking protocol dedicated to meme coin investors. Although MemeVault is set to launch after the presale and the token launch, investors can start earning passive income from $STARS tokens right away. The staking APY (annual percentage yield), at above 1400%, is too compelling to ignore.

After MemeVault goes live, $STARS tokens will earn investors 3X staking yields. Investors can stake top meme coins on the platform. MemeVault will be compatible with eleven trending meme coins in the first stage.

Being built on Ethereum’s ERC-1155 token standard, it has extensive compatibility that maximizes the reward potential.

The project is designed to fuel engagement in the meme coin market with attractive passive income. Top crypto channels like ClayBro (130K subscribers) and 99Bitcoins (700K subscribers) have been sharing confident outlooks for Crypto All-Stars.

They are drawn by the project’s mission to unite top meme coins under a single mechanism. It is a smart choice for anyone holding major meme coins.

$STARS Presale Window Is Open

Seasoned traders and new investors looking to capitalize on the next big meme coin have found a haven in $STARS. The presale is rapidly moving toward the $1 million milestone despite the bearish sentiments in the broader market.

The project has completed a thorough security audit by SolidProof and Coinsult to establish confidence on the technical front.

As a meme coin that breaks away from the usual themes, Crypto All-Stars stands out in the flooded market. The spotlight is turning to new meme coins like $STARS as icons like DOGE, SHIB, and PEPE fail to inspire strong price movements.

By simplifying the staking process, MemeVault makes it easy to manage a meme coin portfolio. Investors don’t have to navigate multiple protocols to earn lucrative staking yields on their meme coin investments.

Early participation in the $STARS presale is encouraged with heavy discounts and high staking APYs. $STARS can be bought using both fiat and cryptocurrencies, making it accessible to a wide audience.

To grab $STARS in the ongoing presale before the rest of the world catches on, visit the official website.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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