Release: 2024/08/03 13:04 Reading: 579
4 Promising Meme Coins to Watch in the Upcoming Month
In the current market cycle, meme coins have outperformed utility coins, propelled by the popularity of Dogecoin and Shiba Inu. However, investors seek higher gains and are exploring alternative meme coins with potential for significant growth. Here are four promising meme coins with substantial upside potential:
MYRO: A Solana Contender
BONK and Dogwifhat have made waves on the Solana network, but MYRO remains a promising option with a market cap under $200 million. Its early success alongside BONK and Dogwifhat suggests that it could experience significant growth, with a potential 10x return if it reaches a $1 billion market cap.
BONE: The ShibaSwap Utility Token
ShibaSwap's BONE token is a promising meme coin with a market cap of around $120 million. It serves as the utility token for the Shibarium network, enabling users to pay network fees. Growing adoption of Shibarium could drive demand for BONE, as users will require it for transactions.
WEN: A Solana Solana Star
While Shiba Inu has the potential for further growth, its limited upside may hinder returns. WEN, a meme coin on the Solana network, could offer better prospects. With an average daily trading volume of $10 million, it remains popular despite the market downturn, making it poised for growth when meme coin sentiment recovers.
NEIRO: Kabosu's Meme Legacy
The beloved Shiba Inu dog, Kabosu, inspired the Dogecoin logo. Following her passing, her owner introduced another Shiba Inu named Neiro, which has sparked a series of meme coins. The Ethereum-based NEIRO token has gained traction, reaching a market cap of over $150 million and a daily trading volume of over $100 million. src="/uploads/20240803/172266381566adc38739c6f.png">
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