Top Memecoins to Watch in November

Nobody wants to be left out of another bull run this November, most especially on memcoins that can make your money 1000X. Amusingly, the memecoins that have such potential might not be the ones you are aware of. So, how do you decide which meme coin is the best? 

Before we look at the top memecoins of November 2024, let’s find out how to know which meme coin is the best.

How To Know Which Meme Coin is the ‘Best’

Choosing the best meme coin isn’t just about picking the one with the cutest mascot (though that helps). Here’s what you should consider:

1. Community Engagement: Any meme coin needs a community, and this is the center of every meme coin. A strong, active, and lively community is probably the main reason to keep demand high, as well as hype. Look for tweets related to the product and service; use the Reddit search bar to find anything related to the brand.
2. Market Performance: Examine past data and examine the price trend diagrams. A coin that has had the ability to lose or gain value over the period of time it has been in circulation may be worth trading. There are sources such as the CoinMarketCap app, which displays elaborate line graphs and statistics.
3. Utility and Roadmap: Not all of the meme coins are jokes because some of them have real utility, and others promise more interesting developments in the future. Make sure the project does not have the ambition to be just a meme.
4. Liquidity: Make sure that the coin is liquid so that you do not buy and sell and get huge losses due to slippage. The general rule for trading is that higher volumes are associated with better liquidity levels.
5. Celebrity Endorsements: Now and then, a celebrity tweet with the appropriate community at the right time will give a meme coin wings. There is nothing wrong with having your ears open for any endorsement from any influencer, celebrities, etc.

Well, now that you know the gist of that, here are the leading meme tokens to look at as you prepare to trade this November.

Best Meme Tokens to Invest

So, considering all discussed above, what are the best memecoins of November 2024? These are 6 top contenders you should keep an eye on:

1. Goatsues Maximus (GOAT)

Goatsues Maximus (GOAT) has been quite the ride recently, and it is not because of the crazy name; it is true! This token has experienced rapid recent growth, and especially after being listed on exchanges such as Crypto.com, its price has risen by 444.19% in the last month. 

This ‘neo-religion’ cult meme coin gained attention at the new high of $0.902 before pulling back and building support around $0.560. The community for GOAT is engaged and alive, which ensures that it attracts more and more users and becomes one of the leading memecoins in November 2024. 

2. Dogecoin (DOGE)

Let’s not forget about DOGE — one of the most famous meme coins out there! It’s so obvious why Dogecoin is still considered a favorite for many users and traders. Not only for the design and the symbol of the Shiba Inu dog but also for the large number of transactions and new projects.

In the last month, this token has been exceptionally good to traders, providing a 44.71% price increase. Another reason why DOGE is a top memecoin of November is because it’s backed by a strong community. Recently, the coin has experienced a rebirth after the billionaire Elon Musk shared on Twitter about future developments of products based on Dogecoin.

3. Popcat (POPCAT)

The price of Popcat just keeps rising and rising, and you might wonder if it’s ever going to slow down. This player in the meme coin battle has been on an uptrend since it’s inception so it doesn't just stand out for its cute logo and name. This token has dared to live within the internet and has been able to keep a strong community.

Popcat’s product differentiation and fast-growing popularity are good enough reasons to buy more into your meme coin collection (CoinMarketCap). Recently, it has been used mostly because it has activities and events that entertain all its users with fun. In the last month, the token has seen a 58% price increase, and this could continue in November.

4. Simon’s Cat (CAT)

It’s hard to resist cats (and let’s face it, who can?), so Simon’s Cat comes bearing cute entertainment—but does it also be angling for your cash? This token's price has deepened so badly in recent times and looks like it might struggle to get back up like a dead cat. Technically, this token could also reach the support level in November, where traders might be willing to buy again.

Even though it’s down 22.5% in the last month, Simon’s Cat may have a future because of its online community.  This memecoin uses the cartoon that many would recognize to bring in the fans as well as traders. That's why we consider it a top meme coin in November.

5. SPX6900 (SPX)

SPX6900 has gone up 458% in the last one month, and you wonder why it’s a top memecoin of November 2024? This is unlike other meme coins as it seeks to unseat traditional markers through its rather audacious branding approach.

Being centered on finance and possessing aarfully set aims, SPX6900 raised interest not only among meme lovers but also among real traders. Recently, SPX6900 started to receive attention, as we’ve seen various crypto influencers who share it on social networks. Plus, considering the fact that the token is in a stable uptrend, it’ll be no surprise if this token surges in November.

6. Gigachad (GIGA)

Gigachad has been a symbol of strength and confidence in the meme market, fascinated by people who want to spend on something that represents might.

Internet culture is something that resonates with many people, especially when using the internet. This makes Gigachad’s branding a meme-worthy option for those who would like to climb on the interweb bandwagon. 

Even the price performance of this token has shown strength, as GIGA saw an 88.76% increase in the last month. Apparently, the current high price rise of Gigachad can be attributed to some memes that are spreading within the social media. Who knows,  prices might keep going up in November. 

7. Dogwifhat (WIF)

We still don't know why dogs wear hats, but WIF seems to have traded in a range in the last month, seeing only a 1.81% increase in price. But dont sleep on WIF; once it breaks out of the consolidation, we could see really high prices. Why is that?

We’ve seen Dogwifhat reach almost $5 in March, largely due to its unique branding that combines humor with community-driven initiatives. Many buy into this token because it creates a fun environment while promoting engagement among holders.

Recently, WIF has gained traction due to its viral marketing campaigns and hype on social media platforms where users share memes related to Dogwifhat's branding. With an active community rallying behind it, Dogwifhat could become one of those hidden gems worth considering for your next trading round.

Final Thoughts

November is here already; what memecoin would you be looking at? While memecoins offer exciting potential for high returns, they remain extremely volatile investments. If you should buy a coin with your hard-earned money, conduct thorough personal research and understand the speculative nature of these assets. You wouldn’t want your investment to vanish faster than you can say WIF. As general advice, only trade what you can afford to lose.

What Are the 5 Haunted Tokens You Should Beware Of? | HODL FM

Discover the spine-chilling tales of the top haunted tokens that spooked crypto markets—enter if you dare!

HODL FM: The Wildest Ride in the Crypto MarketHODL Team

Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.