Solana

7 Best Meme Coins to Buy Now for 10x Gains

The meme coin market is taking centre stage within the crypto market, with a number of initiatives surging over 100% prior to now week, and way more positive factors anticipated.

With this in thoughts, we’ve compiled an inventory of one of the best meme cash to purchase now, we contemplate worth, hype, neighborhood, narratives and extra. Let’s dig in.

Meme Kombat 

Meme Kombat is a brand new GambleFi utility token-cross meme coin that provides holders a number of methods to earn crypto. The venture is presently present process a presale so buyers can get in from the bottom up.

It has already raised over $7 million, indicating great neighborhood curiosity. 

The platform lets customers wager on AI-generated battles between meme coin characters. It gives numerous sport modes and leverages conventional odds mechanics, creating a practical and charming playing expertise.

Moreover, Meme Kombat hosts an augmented battle enviornment the place customers can watch and wager on fights up shut. This gives a novel, gamified different to conventional crypto playing whereas nonetheless benefiting from the identical utility and excessive pleasure.

Customers will gamble with the $MK token, offering a gradual and predictable demand stream that would assist prop up its worth. Furthermore, the platform gives staking, enabling holders to compound their investments whereas furthering its demand.

This progressive use case has drawn immense optimism from knowledgeable analysts, with Michael Wrubel lately speculating it might be the “Subsequent 100x meme gaming token.”

However after elevating over $7 million with a $10 million arduous cap, the presale is promoting out quick, so these seeking to purchase the Meme Kombat presale should act rapidly.

Myro

After pumping 46% right this moment and 146% this week, Myro is gaining important notoriety within the meme coin market. The venture has lately garnered the quantity 2 spot on CoinMarketCap’s trending checklist and lately overtaken BSC’s main meme coin Child Doge Coin, by market cap.

Myro has skilled huge success lately, up 5,497% since November. Presently priced at $0.2189, the venture holds a $205 million market cap, making it the 229th largest crypto.

myro chart

Nevertheless, its 24-hour buying and selling quantity is $98 million, placing it within the 67th highest spot. This means that Myro is gathering important momentum and gives room for notable worth development.

Myro is the third-largest meme coin on Solana, following Bonk and Dogwifhat. Presently, Bonk holds a $815 million market cap, and Dogwifhat holds a $433 million market cap.

This provides Myro notable room for development, however is intensified because of its utility benefits over the opposite Solana meme cash.

For example, Myro has already launched a buying and selling bot that rapidly lets customers snipe new tokens on the Solana blockchain. Its web site additionally explains plans to implement new utilities, together with staking and different options that serve its neighborhood’s wants.

Sponge V2

Amid the meme coin mania in the summertime of 2023, an unassuming imitation of SpongeBob SquarePants referred to as Sponge rallied to a $100 million market cap and bagged early buyers a 100x ROI.

The venture additionally amassed listings on over ten main exchanges, 13K holders, and 30K social media followers in its first few days.

Sponge has additionally seen a staggering 7x development since November because the broader market situations have picked up. Nevertheless, the Sponge workforce is again to soak up the bull market liquidity with a second rendition, Sponge V2.

sponge v2

The token comes with new utility in a Play-to-Earn (P2E) racing sport and strives for “larger and higher exchanges.”

Sponge V2’s P2E utility will see the token profit from a brand new demand stream, serving to stabilize its worth and guarantee long-term sustainable development.

In the meantime, the workforce’s ambition for larger exchanges and its observe document may propel Sponge V2 to listings on tier-one platforms like Binance or Coinbase.

YouTuber Crypto Gains lately speculated that Sponge V2 may “100x like the primary one did.”

Presently, Sponge V2 is present process a prelaunch purchase and stake marketing campaign, offering merchants with a second shot at 100x positive factors the place they will get in from the bottom up.

The marketing campaign is stay on the Sponge.vip website and $SPONGEV2 purchases shall be locked within the staking contract and earn an extra yield till the marketing campaign ends.

Dogwifhat

Dogwifhat is one other trending Solana meme coin. Presently, WIF is the second-largest meme coin on Solana, following Bonk. However with a market cap virtually half of Bonk’s measurement and rising bullish momentum, WIF appears to be like to outperform Solana’s high canine.

The venture is priced at $0.4277, up 13.78% right this moment, 82.15% this week and 155.25% this month. It holds a market cap of $428 million, making it the a hundred and twenty fifth largest crypto.

In the meantime, it has a $148 million 24-hour buying and selling quantity, placing it within the forty seventh spot. Like Myro, its quantity to market cap ratio illustrates huge curiosity, bolstering its probabilities of an uptrend continuation.

cmc chart

Dogwifhat additionally created a brand new ATH earlier right this moment, placing it in worth discovery mode and opening the door to a possible important uptick in worth.

Main change Kucoin additionally lately listed Dogwifhat, offering the token with extra eyeballs and making it simply accessible to newbie buyers. The transfer additionally boosted speculation of a possible Coinbase or Binance itemizing to comply with.

One of many primary variations between Dogwifhat and Myro is that Dogwifhat is dedicated to conventional meme coin values. As per its web site, Dogwifhat  is “actually only a canine wif a hat.”

Shiba Inu

Buyers looking for a decrease threat meme coin with an extended observe document ought to contemplate Shiba Inu. 

SHIB launched in August 2020 however reached the top of meme coin prosperity in 2021, garnering a $43 billion market cap. Presently priced at $0.000009432, SHIB is down 89% from its ATH with a $5.5 billion market cap. This gives room for nearly a 10x if it recovers.

The Shiba Inu worth is down 1.37% within the final day, 8.53% this week and three.42% this month. 

One of many thrilling components about Shiba Inu is that it’s greater than only a meme coin; the venture hosts an ecosystem of decentralized merchandise, all of which give utility to the SHIB token.

For example, the venture boasts a metaverse, an Ethereum layer 2 scaling resolution referred to as Shiabrium, a decentralized change, NFTs, decentralized governance, and extra.

One other profit to Shiba inu is the Shib burn mechanism, the place customers and the Shiba Inu workforce can burn tokens to lower its circulating provide and bolster current tokens’ costs.

In December, 8.4 billion SHIB had been burned from Shibarium transaction charges.

Combining a number of utilities and deflationary tokenomics may make SHIB a powerful contender within the upcoming bull run. That mentioned, merchants ought to stay conscious that it has but to indicate indicators of a reversal after the final bull market.

Pepe

Pepe skilled a meteoric rise amid the depths of the 2023 bear market, surging to a $1.8 billion market cap and attaining meme coin stardom. Nevertheless, the worth offered off as early buyers took earnings, probably presenting a strong long-term entry level for brand new patrons.

Presently, Pepe is priced at $0.000001186, down 3.06% right this moment, 17.97% this week and 9.35% this month. It is usually down 72% from its ATH.

cmc chart

Pepe holds a $499 million market cap, making it the fourth-largest meme coin and the 112th-largest crypto by market cap. In the meantime, its 24-hour buying and selling quantity is $77 million, illustrating notable bullish momentum regardless of its struggling worth.

Apart from Shiba Inu, Pepe is the main meme coin on the Ethereum blockchain, so many analysts dub the venture a “leveraged play” on ETH.

Given the continued bullish broader market situations and asset supervisor BlackRock’s vocal interest in Ethereum, ETH may see important development, massively benefitting Pepe.

Pepe has been considerably quiet for the reason that starting of 2024, however Binance lately announced a brand new marketing campaign the place customers can deposit Pepe tokens to earn a yield.

The transfer illustrates Binance’s assist of Pepe, which holds important significance given Binance’s measurement and business prominence.

Meme AI

Meme AI is a newly launched meme coin with distinctive AI utility. The venture lets customers create memes with AI help, offering an progressive use case that has already garnered huge consideration.

The venture pumped over 400% yesterday however then offered off. Whereas it stays to be seen if it can recuperate, its compelling utility and early curiosity undoubtedly illustrate sturdy potential.

Meme AI is priced at $0.002766, down 26% right this moment however up 32% this week. 

cmc chart

The venture launched on Sunday and rapidly secured a list on the change BitMart, inflicting huge pleasure and notable buying and selling quantity for such a brand new venture.

Presently, Meme AI holds a $2 million market cap and a $2.3 million 24-hour buying and selling quantity.

Its low market cap opens the door to huge upside potential, with room for a 70x to change into a high ten meme coin.

Meme AI’s web site explains it can assist customers “Create, Promote, and Dominate with Distinctive NFTs on Our Unique Market.“

One of many benefits of Meme AI is its proximity to the AI and meme coin narratives, probably offering it with extra alternatives to pump.

That mentioned, like Shiba Inu, merchants ought to stay conscious of the potential for additional draw back given its latest selloff.

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