The top two Memecoins are predicted to reach new peak values, as stated by a cryptocurrency specialist.

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In 2024, the cryptocurrency market is experiencing a significant increase in Ethereum (ETH) and meme coins. The recent approval of Ether exchange-traded funds (ETFs) has triggered a market surge, with well-known names such as BlackRock and Grayscale showing confidence in the Ethereum ecosystem.

Some of the popular meme coins, including Pepe (PEPE), Floki Inu (FLOKI), and Turbo (TURBO), have seen a 4% rise in the last 24 hours, pushing the meme coin market cap to $66 billion. A prominent analyst, Bluntz, has identified Pepe (PEPE) and Floki (FLOKI) as top choices for 2024, forecasting significant growth potential for both coins.

Aside from meme coins, Bluntz has examined Ethereum’s performance against Bitcoin (ETH/BTC) and predicts a surge to $4,100. Currently, Ethereum is trading at $3,842, creating an attractive opportunity for investors.

Overall, the cryptocurrency market is abuzz with anticipation in 2024, and analysts are expecting new record highs for meme coins. Check out our guide, Top 13 Memecoins to Buy for 10-50x Profits in 2024, for more information on the top meme projects poised for profits.