7 Best Meme Coins to Buy with Explosive Potential This Year
Meme coins once again capture the attention in the crypto world this week, with traders actively seeking the latest viral phenomena that can bring significant gains.
While many meme coins emerge and disappear quickly, some have managed to create significant waves in the crypto market and attract sustained attention from the mainstream community.
From players who have long been in the market to gems emerging in the pre-sale phase, here are the seven best meme coins to consider as investments, each with the potential to explode in popularity and value.
7 Best Meme Coins to Buy with Explosive Potential This Year
1. Dogecoin20 (DOGE20)
Leading our list is the highly anticipated project, Dogecoin20 (DOGE20) operating on the Ethereum network, this token achieved a historic milestone this week by successfully raising $10 million (145 billion IDR) during the pre-sale period.
For investors who haven't participated yet, there's still one more chance to get involved before DOGE20 officially launches on Uniswap in April.
Currently, there are still limited allocations available at a set price of $0.00022 (3.19 IDR) per token. Investors have been rushing to get involved in this project, drawn by the laughter-inducing branding of Dogecoin20 and the utility of the blockchain manifested in the form of staking protocols.
DOGE20 holders have the opportunity to earn yields of up to 99% per year by holding long-term, providing a passive income stream in addition to potential speculative gains.
With the increasing enthusiasm leading up to the "Doge Day" launch of this project, and with over 5,400 members in its official Telegram group, DOGE20 has the potential to be a worthy candidate for future price spikes.
Interested investors can acquire DOGE20 tokens by visiting the dogecoin20.com website and making purchases using ETH, USDT, or through credit/debit cards.
2. Slothana (SLOTH)
Next on our list is Slothana (SLOTH), a new meme coin that has captured attention on the Solana blockchain.
Similar to the previous SLERF (SLERF), Slothana is a sloth-themed token that does not yet have specific utility, but that hasn't hindered the success of its presale, which started off very well.
In just two days, Slothana's presale raised over $650,000 (9.425 billion IDR), and the project has attracted hundreds of followers on its Twitter page.
The initial appeal of Slothana is largely due to its unique presale approach – instead of using a countdown timer and fund limits, their presale is entirely open. Investors only need to send SOL to the specified wallet address to receive SLOTH after the presale ends.
Based on the success of other meme coins using a similar approach, many early supporters believe Slothana has the potential to be the next candidate for a popularity explosion.
For those looking to purchase SLOTH tokens, it can be done by visiting the project's official website and using the wallet address listed on the homepage.
3. Sponge V2 (SPONGEV2)
Sponge V2 (SPONGEV2) is a token themed around SpongeBob on the Polygon network, which has had a rollercoaster year.
In early February, developers migrated this token from Ethereum to Polygon, leading to a massive increase in trading volume and token price. This success saw Sponge V2 reach an all-time high price of $0.00423 (61.33 IDR), marking a 673% increase from its initial price.
Although the token has experienced a significant price drop, long-term holders remain optimistic about a price recovery.
This optimism is largely based on the development of a Play-to-Earn (P2E) game being worked on for Sponge V2. Additionally, SPONGEV2 holders have the opportunity to stake their tokens and earn a yield of 170% per year.
Interested investors can purchase SPONGEV2 tokens through the widget available on the sponge.vip website, using ETH, USDT, or credit/debit cards.
4. Smog (SMOG)
Smog (SMOG) has positioned itself as one of the most prominent stars in the meme coin world in 2024, attracting attention with its outstanding debut on the Solana network.
Launched in early February, SMOG experienced an incredible surge, jumping over 3,000% in just four days of initial trading. This positive trend continued, with the token reaching its all-time high price on March 8th at $0.384 (5,568 IDR).
To date, SMOG has attracted over 106,000 holders worldwide and has a fully diluted market capitalization of $255 million (3.698 trillion IDR).
The future prospects for SMOG holders look promising, especially with plans for project development indicating potential "burning opportunities" and the possibility of migration to other blockchain networks in the future. If these plans are successfully implemented, SMOG has the potential for another significant price surge.
Prospective investors interested in participating in SMOG's success can acquire SMOG tokens through the project's official website or via the Raydium/Uniswap exchange platform. With its various potentials, SMOG remains one of the strongest candidates for meme coins worth considering in 2024.
5. Book of Meme (BOME)
Book of Meme (BOME) stands out as a top contender among meme coins with the potential for a massive explosion in the market.
In recent weeks, BOME has garnered widespread attention, emerging from obscurity to become a major focus in the crypto world since mid-March. Its success is not only measured by its popularity but also by its significant financial achievements, with a market capitalization reaching a staggering $1.4 billion (20.3 trillion IDR).
This figure makes BOME one of the most actively traded meme coins in the market, ranking just below Dogecoin (DOGE), the longtime ruler of the meme coin world.
Although BOME's value has currently dropped by about 53% from its peak price, there are still strong reasons to remain optimistic. The token is still held by a massive online community, whose activity could be key to recovering its value.
The ability of this community to come together and support BOME amidst the resurgence of meme coin frenzy could be a decisive factor in triggering another dramatic price spike. This indicates that despite the ups and downs, the potential for a rebound and achieving higher levels of achievement remains wide open for BOME.
Observers and investors closely watching market dynamics may witness an impressive price rally if market conditions once again support the meme coin phenomenon.
With a strong community foundation and a proven track record, BOME not only survives in the competition but also has the potential to become the next star in the ever-changing meme coin arena.
6. dogwifhat (WIF)
A list of the best meme coins for investment would certainly not be complete without mentioning dogwifhat (WIF). Operating on the Solana network, WIF has been a hot topic in the meme coin world throughout 2024, providing incredible returns reaching four-digit percentages for lucky early investors. The WIF-supporting community even managed to raise enough funds to feature their coin mascot in the famous Las Vegas attraction Sphere, demonstrating a high level of support and enthusiasm from its fans.
Currently, WIF is trading at $3.27 (47,415 IDR), experiencing 7% decrease from its all-time high reached on March 15th. However, this situation does not diminish the optimism of holders and observers, as the rekindling momentum signals the potential for dogwifhat to reach new record valuations. With a strong community backing and proven market performance, WIF remains one of the meme coins worth considering for investors seeking unique opportunities in the crypto market.
7. Brett (BRETT)
Closing our list of meme coins with explosive potential is Brett (BRETT). BRETT is the newest meme coin operating on the Base network, Coinbase's own blockchain. With this unique position, BRETT has attracted significant attention from meme coin traders looking for tokens that could potentially become the first viral phenomenon on the platform.
In the past 24 hours, BRETT's trading value has exceeded $21 million (304.5 billion IDR), placing it as the 16th highest-traded meme coin in the world. Although smaller in size compared to other coins on our list, BRETT has the potential to grow rapidly if it can attract mainstream attention, similar to what happened with meme coins based on the Solana network.
With support from major platforms like Coinbase and its position as a promising new meme coin, BRETT has the opportunity to grow and become a major player in the meme coin market. Investors and meme coin enthusiasts will certainly keep an eye on BRETT's developments in the future.
Source: https://cryptoharian.com/7-best-meme-coins-to-buy-with-explosive-potential-this-year/
