With the increasing interest of investors in this space, memecoins are most likely to be the best assets to maximize returns in this bullish market phase. Recently, memecoins have attracted a lot of attention in the crypto space, thanks to their virality and social media influence.
Investors are increasingly attracted to these coins due to their potential for explosive growth and outsized returns. While this volatility can be risky, it also provides ample opportunities for traders to take advantage of rapid price swings and market momentum.
As the entire crypto market enters a bullish phase, memecoins are expected to benefit greatly, providing investors with the opportunity to maximize returns in a fast-moving environment full of excitement and speculation.
Here is a list of the five best meme coins that could become the next Shiba Inu. To know more insights about these meme coins, watch the video below and subscribe to his YouTube channel for more cryptocurrency related content.
Jacob Crypto Bury also oversees a 21,000-member Discord community where users can get trading tips and learn about upcoming cryptocurrency presales.
Myro (MYRO) is named after Solana co-founder Raj Gokal’s dog. Myro aims to transcend its reputation as a cryptocurrency used only by humorists and pet lovers. Running on the Solana blockchain, Myro serves as a channel connecting experienced members and newcomers in the crypto community, promoting education and understanding of cryptocurrency.
Since its inception, Myro has gained an incredible growth of over 6,000%. Currently, $MYRO is valued at $0.230. Despite the recent pullback from its all-time high on March 9, 2024, Myro's momentum continues, benefiting from investor enthusiasm and anticipation for its listing on the Binance exchange.
$MYRO’s current market cap is under $300 million, showing great potential to grow 10x or more within this bullish phase. Myro is committed to providing several unique features and contributing to the long-term development of the Solana ecosystem.
Smog (SMOG) is a multi-chain memecoin that is considered one of the top memecoins to invest in right now. $SMOG is built on the Solana blockchain and was listed directly on the Jupiter decentralized exchange (DEX) in February 2024.
In just 24 hours of its launch, $SMOG’s market cap exceeded $28 million and has now reached $139 million. Currently, the $SMOG token is trading at $0.178. According to Smog’s developers, this token has the potential to become the largest coin on the Solana blockchain.
The team has executed a fair token distribution, and now those who purchase $SMOG are eligible to participate in one of the largest token airdrops on Solana. Interested investors can still purchase $SMOG on Smog’s website using $ETH or $USDT.
Once acquired, keep the tokens in your wallet or stake them to earn an annualized yield (APY) of 42%, and you can earn airdrop points. In addition, participating in Smog Zealy events and completing tasks can earn additional airdrop points.
Smog is expected to distribute 490 million tokens through an airdrop campaign, and active platform activity is expected in the next few months. Currently, individuals who purchase and hold $SMOG tokens can start receiving airdrop points.
Additionally, Smog plans to host missions and challenges that will allow winners to increase their airdrop points. To learn more about Smog’s airdrop activities, follow their Telegram channel and X account.
Solama (SOLAMA) is currently establishing itself in the memecoin space. Currently, the coin has over 28,500 holders and has recently become one of the hottest coins on Solana.
Despite being a newcomer to the cryptocurrency space, $SOLAMA has already garnered a market cap of approximately $25.5 million and has experienced significant growth of 10419.73% since its launch.
The growing interest in this new memecoin could have a significant impact on its market cap in the near future, causing a surge in value. In addition, the project has taken various initiatives aimed at maintaining the value of $SOLAMA in the long term.
The community and token holders can participate in the play-to-earn game using the Solama service as a medium of exchange and receive rewards in an equal manner. In addition, the project also features a Solama store where users can purchase branded goods, potentially increasing token demand and revenue for the platform.
Coconut Chicken Coin (CCC), created from the idea of Justin Sun, is more than just another meme token on the TRON network, it symbolizes a community-driven movement dedicated to success.$CCC has a unique ecosystem including ChickenSwap, ChickenBot, and an active DAO, making it transcend the status of just a token.
As the pioneering meme token on TRON, $CCC has quickly gained momentum, accumulated thousands of holders, and established innovative partnerships, solidifying its position as the leading meme token. Currently, $CCC is trading at $0.0008346, having grown by more than 59% in the past seven days.
With Coconut Chicken Coin recently surpassing 5,000 holders and entering Phase 2 of its roadmap, the token demonstrates significant upside potential in the memecoin space, especially with regards to upcoming developments and partnerships.
Dogecoin20 (DOGE20) is an emerging memecoin and an upgraded version of Dogecoin, launched in March 2024. A prominent feature of Dogecoin20 is its staking mechanism, which distinguishes it from Doge by utilizing the Proof of Stake (PoS) consensus.
As an ERC-20 token, $DOGE20 tokens can be securely stored in a self-custodial wallet. Unlike the energy-intensive mining process required for Dogecoin, increasing your holdings with Dogecoin20 only requires staking your tokens.
Over the initial two-year period, a total of 15% of the $ DOGE20 token supply will be distributed to stakers, with a focus on distributing 12.5% in the first year and the remaining 2.5% in the second year.
Currently, the annualized yield (APY) for staking is over 120%, with over 22.1 billion DOGE20 tokens staked. However, as more tokens are acquired and staked, the APY is expected to decline.
Dogecoin20 has raised over $8 million in the presale phase, with each token priced at $0.000208. To participate in the presale, connect your Ethereum wallet and purchase using $ETH, $USDT or a card. It is recommended to stake your tokens immediately to take advantage of the high APY.
Dogecoin20 has amassed a large following on its social media platforms, with the Dogecoin20 Telegram group having over 3,000 members and X having 4,200 followers. This increase in interest is not surprising given the low entry point of $DOGE20 and the expected Uniswap listing after the presale.
As the world’s largest decentralized exchange with over $2 billion in daily trading volume, getting listed on Uniswap is a major milestone for any early-stage crypto project. To participate in the $DOGE20 token presale, visit dogecoin20.io.
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