7 Best Meme Coins Outperforming Ethereum Amid Price Dip

While meme coins are thriving, Ethereum has shown significant weakness this week.

This reflects a macro trend of 2024, in which meme coins have outperformed the “safest” crypto assets. And this phenomenon shows no signs of slowing down. 

One prominent influencer says his sub $1 million market cap meme coins have held up better than ETH recently.

As such, let’s look at the seven best meme coins outperforming Ethereum right now.

FreeDum Fighters

The countdown to the US presidential election is on, and FreeDum Fighters is gaining pace.

It’s a brand new presale token that has raised over $265K in its opening days, reflecting a significant market appetite. 

The project is based the PolitFi narrative and introduces innovative utilities, such as staking pools that allow users to “vote” on who they think will win the election. Those who contribute to the winning candidate’s pool will earn rewards.

It has other political-themed utilities, like weekly debates, which allow users to battle it out with compelling political arguments to win rewards.

This underlines the innovative spirit of crypto as a whole, with the industry continually spawning new, disruptive use cases.

The FreeDum Fighters presale is ongoing, allowing investors to buy in from the ground floor.

Currently, traders can buy $DUM at presale for 0.000055, but this price will rise throughout the ICO.

Pepe Unchained

Pepe Unchained is building a scalable Ethereum layer 2 blockchain solely for meme coins.

It’s off to a scorching hot start, raising over $22 million in its presale campaign.

Investors are clearly interested, but it’s no surprise that Pepe Chain is solving Ethereum’s scalability issue with the power of memes.

This could well mark the evolution of meme coins into something more impactful in the broader crypto space. Investors are drawn to Pepe Unchained thanks to its relation to Pepe but the project is leveraging this attention to address a pervasive industry flaw.

Pepe Chain will cut costs and increase speeds compared to Ethereum, making it perfect for trading meme coins.

The project is also accessible via an Ethereum wallet, which opens it to massive liquidity not available on any other layer 1 blockchain.

The current Pepe Unchained presale price is $0.01177, but this will rise in under one day.

Goatseus Maximus

Picture this: a meme coin created by an anonymous developer, discovered (and shilled) by an AI agent (who became a millionaire from the token) – and it’s backed by a tech billionaire.

As wild as that sounds, that’s exactly the story behind Goatseus Maximus. 

An AI agent called Truth Terminal was trained on content from fringe social media platforms like Reddit and 4Chan and then set free. It created a new meme religion called Goatseus Maximus, based on an outrageous internet meme.

Truth Terminal began tweeting about this neo-religion, and then an anonymous crypto developer created a token about it and airdropped it to Truth Terminal, who began to shill it on X.

While all of this was happening, a16z co-founder and tech billionaire Marc Andreesen funded Truth Terminal with $50K for “research purposes.”

This drew significant attention, causing the Goatseus Maximus price to soar and making Truth Terminal the first AI agent millionaire.

GOAT has soared 1,070% this week, while Ethereum has remained underwater.

Crypto All-Stars

Most meme coins face the same issue: they have no utility. Pepe, Dogecoin – even Goatseus Maximus – all you can do is buy and sell them.

That was until Crypto All-Stars entered the market with a unified staking app for meme coins. Now, users can generate compound interest on their meme coins.

They must hold $STARS as a prerequisite, which makes the token inherently tied to the platform’s demand. But once they have that, they’re good to go.

Users can lock up their meme coins in Crypto All-Stars’ MemeVault and earn $STARS rewards in return. The amount of $STARS they earn depends on how much $STARS they already hold and how much of their respective meme coin they’ve staked.

Investors can also stake their $STARS tokens to further compound their earning potential.

The project looks to shake up the meme coin sector by providing a novel and long-term utility.

It’s currently undergoing a presale and has raised $2.7 million so far. Investors can buy $STARS for $0.0015188, but this price will rise later today.

Flockerz

While Crypto All-Stars fixes the meme coin utility problem, one other issue remains unaddressed: the inherent centralization of meme coins.

Many are led by self-appointed, centralized teams. And we almost never even know who the teams are. 

Flockerz solves this by handing complete control to its community via an on-chain, decentralized autonomous organization (DAO). What does this mean? Community members shape the project’s future, and it’s all secured by the Ethereum blockchain.

This solves the meme coin decentralization issue, democratizing power among all community members. But they’re not stopping there. They’ve also set aside a portion of the token supply to pay users for voting in the DAO.

Imagine shaping the future of your favourite meme coin, all while getting paid. That’s what Flockerz is enabling.

As such, it’s no surprise that its presale is soaring – it has raised over $1.04 million so far.

The current $FLOCK presale price is  $0.0058394, but this will rise in four hours.

Dogwifhat

Though Dogwifhat is not a new meme coin, it has shown strength in the past few days.

WIF is the leading meme coin on Solana, which happens to be Ethereum’s biggest competitor and is also expected to outpace Ethereum in this market cycle.

Yet, being Solana’s biggest meme coin, WIF will probably outpace SOL this cycle. As traders look for disproportionate gains, liquidity will rotate from SOL to WIF, and WIF’s lower market cap means it will grow faster. 

Beyond that, WIF is exhibiting strength on its lower time frame price chart. Prominent trader Bluntz – who accurately predicted its top in March, says that it is gearing for the next rally.