What happened?

The global cryptocurrency market is on the rise again and retail investors are evaluating the best meme cryptos to invest in under $1. Three such trending investment options are Maxi Doge ($MAXI), PEPENODE ($PEPENODE), and Wall Street Pepe ($WEPE). These coins have been generating considerable buzz due to their potential for high returns.

Who does this affect?

This primarily affects retail investors, particularly those looking for high-risk, high-reward investment opportunities in the recovering crypto market. Cryptocurrency platforms and wallets, like MetaMask and Best Wallet, are also impacted as they are used by these investors to buy and trade these new meme coins.

Why does this matter?

This matters because these new meme coins could potentially drive significant growth in the retail segment of the crypto market. Their growing popularity amongst investors not only impacts the market cap of these specific coins, but can also influence wider market trends, volatility, and investor behaviour within the cryptocurrency sector.