Meme coins continue to play a key role in the crypto world. However, with new meme coins emerging almost daily, it’s hard to keep track of which ones are worth considering.
Jacob Bury, a popular crypto expert on YouTube, is closely watching two meme coins – Flockerz (FLOCK) and Pepe (PEPE). He believes they have potential for growth before the year ends.
Meme Coins: Why So Volatile?
The meme coin market has been unpredictable this week. Although the market started strong with positive gains, those gains quickly faded. The total value of meme coins fell back under $50 billion overnight.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two most popular meme coins, dropped by about 5%. POPCAT saw an even bigger fall of 15%. On the bright side, NEIRO remained strong, gaining 14% in the last 24 hours.
No specific reason has been identified for the sudden downturn, but many believe it was a result of profit-taking after Monday’s rally. Despite the volatility, the market still seems stable, with trading volumes rising by 33% to $7.7 billion. Some traders think this could be a temporary pause before another surge.
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Jacob Bury’s Optimism for Flockerz
Amid the market’s ups and downs, Jacob Bury is optimistic about Flockerz. Unlike most meme coins, Flockerz stands out due to its unique “Vote-to-Earn” model, where FLOCK holders are rewarded for voting within the platform.
Bury believes this model could be a game-changer. Flockerz also offers impressive staking rewards, with an annual yield of 3,570%. Such high returns are rare, especially for meme coins.
Currently, Flockerz is in its presale stage, having raised over $510,000 so far. Investors can buy FLOCK tokens at a price of $0.005724 each. What’s more, token holders can begin staking immediately, earning rewards even before the token is officially launched.
Bury is also confident about Flockerz’s roadmap and security audits from respected firms like Coinsult and SolidProof. He’s looking forward to Flockerz’s first listing on a decentralized exchange (DEX) once the presale concludes.
Although no meme coin can guarantee success, Bury sees Flockerz as one of the top meme tokens to watch.
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Bury’s Predictions for Pepe (PEPE)
In addition to Flockerz, Bury is also keeping an eye on the well-known frog-themed meme coin, Pepe (PEPE). PEPE had a big rally on Monday but saw a slight dip afterward. Despite the drop, it remains the second most traded meme coin after NEIRO, with a market cap exceeding $4 billion.
Bury believes PEPE has significant growth potential, with the possibility of reaching a new all-time high in the coming weeks or months. He’s targeting a price range between $0.00014 and $0.00017.
What sparked Bury’s excitement was a recent tweet from PEPE’s official Twitter account. Although usually quiet, the account posted a playful message, which energized the PEPE community.
While Bury is optimistic about PEPE’s future, he also advises caution. He notes that the 4-hour Relative Strength Index (RSI) showed overbought conditions, which may lead to short-term corrections. However, Bury remains bullish on PEPE overall.
For those interested, the Flockerz presale is still ongoing.
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