In Australia, almost 1 in 4 adults own some type of cryptocurrency. The crypto market in Australia has witnessed significant growth in terms of ownership and adoption, reflected in increasing demand for cryptocurrencies. On  June 2024, Australia has made a milestone progress in crypto industry-‘Australia’s only spot bitcoin ETF’ commenced trading on Cboe Australia Exchange in June 4,2024. Australia’s spot Bitcoin ETF entry into the market indicates a broader acceptance of Bitcoin as an institutional asset class.

Fueled  by the exciting news, more and more Australian investors dive into cryptocurrencies. When it comes to cryptocurrencies, the first come to mind may be Bitcoin, Ethereum and some most popular coins. However, meme coins draw great attention from investors and tide off a meme coin crazy since their emerge. Over the past few months, meme coins have seen good performance in price with increasingly growing popularity.

In this article,we will explore best meme coin to buy for Australians in June 2024 from following aspects, thus offering more information for Australian investors.

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BTCC, one of the longest-serving exchange in the world, offers 300+ virtual currency futures contracts with leverage ranging from 1Χ to 225Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC. 

＼Deposit and Receive Up to 10,055 USDT!／

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What is Meme Coin?

Best Meme Coin to Buy In Australia for June 2024

Dogecoin (DOGE)

Shiba Inu (SHIB)

Pepe (PEPE)

Conclusion

How to Trade Meme Coin on BTCC?

What is Meme Coin?

Meme coin is a category of cryptocurrencies inspired by memes, characterized by playful branding and often driven by social media buzz. As a unique genre of cryptocurrencies, meme coin has gained significant popularity in the digital asset market.

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Best Meme Coin to Buy In Australia for June 2024

With the rapid development of meme coin, all kinds of meme coins emerged. Investors may be confused when selecting the most potential meme coin to trade, especially for newcomers. This article will introduce top four meme coins to trade in April 2024 for Australian traders.

Dogecoin (DOGE)

If Bitcoin was the original cryptocurrency, Dogecoin was the original memecoin. Launched in 2013, Dogecoin (DOGE) was creadted by Jackson Palmer and Billy Markus, featuring a Shiba Inu dog. Unlike Bitcoin’s limited supply, Dogecoin does not have a limit on the number of coins that can be generated.

Dogecoin saw a plain start to 2024, however, from February to March, the price of Dogecoin surged as Bitcoin created multiple new all-time highs. In March 5, 2024, Dogecoin price reach a new high of $0.195 and its 24-hr trading volume reached $4.479 billion. As of June 5, 2024, DOGE traded at a price of $0.16243885, up 2.66 % over the past 24 hours.

As crypto market saw many optimistic factors in 2024, a bull run can be expected to occur in 2024. According to our market analysis, we are very confident about the outlook of Dogecoin. There is no doubt that Dogecoin is a promising option for Australian investors. It is predicted Dogecoin price would reach $0.32 on the high end and a lower end of $0.07825 and an average price of $0.1150 by the end of 2024.

For more information, please visit BTCC DOGE quote page.

The following sets forth the DOGE to USD Price Chart:

Dogecoin Chart

Click following button to buy DOGE coin now↓

＼Deposit and Receive Up to 10,055 USDT!／

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Shiba Inu (SHIB)

Created anonymously in August 2020, Shiba Inu (SHIB) was another dog-themed meme coin based on the same set of internet memes as Dogecoin. SHIB is an Ethereum-based ERC-20 token. Since launch, Shiba Inu has gained huge popularity and success.

Shiba Inu is considered as a direct challenger to Dogecoin, capturing the imagination of investors with its cute dog mascot and a massive supply. Since March, Shiba Inu price has seen huge rally, it reached a new high of $0.00004289 in March 5, 2024. As of June 5, 2024, Shiba Inu traded at a price of $0.00002565, up 7.75 % over the past 24 hours.

As SHIB is a relatively rich and potentially valuable meme coin, we believe it is a good option for Australian traders to invest in this June. It is anticipated Shiba Inu (SHIB) to be traded at a minimum value of $0.000000544, a maximum potential price of $0.0000463 by the end of 2024.

For more information, please visit BTCC SHIB quote page.

The following sets forth the SHIB to USD Price Chart:

Shiba Inu Chart

Click following button to buy SHIB coin now↓

Pepe (PEPE)

Falling way behind DOGE and SHIB in terms of market capitalisation, Pepe is a memecoin based on a meme popularised by the often-problematic image board website, 4chan. Since launched in April 2023, Pepe Coin has rapidly gone viral. Because of its unique deflationary mechanisms and redistribution systems, Pepe Coin received large large popularity among investors.

Since the approval of spot ETH ETFs by SEC, the overall crypto market is basically bullish. The initial bull run of 2024 was ignited by the PEPE price rally which FLOKI, BONK, WIF, etc later followed. In 2024, PEPE price experienced large spike. In early March, PEPE was only traded at a price of $0.00000272. PEPE price rapidly surged to $0.00000716 in March 5, then PEPE price increased amid volatility and reached a peak of $0.00001050 in March 14. As of June 5, 2024, PEPE traded at a price of $0.00001449, up 0.41 % over the past 24 hours.

Considering the current state of Pepe (PEPE) and its potential as an investment, there are huge attraction for Australian investors to explore this meme cryptocurrency, believing it is a good investment option for Australian traders in this June. It is estimated that by the end of 2024, Pepe coin price can be traded at a maximum price of around $0.0000124.

For more information, please visit BTCC PEPE quote page.

The following sets forth the PEPE to USD Price Chart:

Pepe Chart

Click following button to buy PEPE coin now↓

＼Deposit and Receive Up to 10,055 USDT!／

Conclusion

Given recent remarkable performance, meme coins emerge as potential candidates for investors seeking high returns in June 2024. Amid a favorable environment, we are confident that investing above-mentioned meme coins is a right choice for Australian traders looking for huge profit.

However, as the primary significance of meme coins is rooted in their association with meme culture, instead of possessing inherent value or a specific purpose, these coins are notably prone to price fluctuations. Therefore, traders are advised to be well-informed and cautious before making any investment choice.

＼Deposit and Receive Up to 10,055 USDT!／

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How to Trade Meme Coin on BTCC?

Just like you can open a brokerage account to buy and sell stocks, you can open an account with a cryptocurrency exchange to buy crypto. Choosing a suitable exchange is also crucial in the process of trading cryptocurrencies. For those with interests in meme coins, we would like to introduce BTCC, one of the longest-running exchanges in the world, for your trading.

BTCC stands out in many aspects, like high liquidity & volume, flexible leverage up to 225x, rich rewards, etc. We believe join BTCC would make your trading journey more delightful!

The following sets forth the guidance for buying meme coins on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite” > “Fiat Deposit”, and then fund your account.

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the meme coin trading pair.

Step Four: choose the contract trading order type. BTCC contract orders are divided into market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and the meme coin futures contract order is completed.

＼Deposit and Receive Up to 10,055 USDT!／