Top 3 Solana Meme Coins To Buy Amid The Bitcoin Crash That Could 10x
20 Marzo 2024 - 9:00PM
NEWSBTC
As the Bitcoin price crash has ravaged the crypto market and left
altcoins suffering, it has presented a unique buying opportunity
for meme coins that may never come after this time. So here are the
top 3 meme coins that could 10x your portfolio from here.
Solana-Based Myro Leads Meme Coins With Potential Solana-based meme
coins have been all the rave over the past year and with good
reason as well. These meme coins have done so well in such a short
time, coming up to compete with established Ethereum-based meme
coins which have been around for years. Related Reading: Dogecoin
Growth Hits Roadblock As Holder Activity Enters Dreaded Period Of
Stagnancy With the likes of WIF and BONK already crossing the $1
billion market cap market, the hunt is on for other Solana-based
meme coins that could achieve this same feat, and that is where the
Myro token comes in. Myro currently has a $200 million market cap,
which makes it a prime candidate for crossing $1 billion. However,
its most bullish developments have been its exchange listings. Myro
scored a Binance perpetual listing last month, which pushed its
market cap above $400 million for the first time. It has since
retraced, but this retracement is similar to what was seen with
WIF, which fell back down to $180 million at a point. If Myro
follows the WIF playbook, then its next leg up could see it rise
more than 5x above the $1 billion mark. Popcat: Another Solana Meme
Coin On The Rise Popcat is another Solana meme coin that has made
waves in the space over the past few months. After a long stretch
of consolidation, the price had eventually broken out in February
to reach a new all-time high price of $0.37 in mid-March. The price
has since retraced a little over 50% since then and is now back to
$0.17 with a market cap of $167 million. As with the majority of
other meme coins, the total supply of the token is in circulation,
which means there are no more unlocks coming up. At the current
market cap, reaching the $1 billion mark would be an over 500%
increase for the meme coin. And with the bull market coming up, the
price of Popcat could rally higher, bringing a more than 10x return
for investors. Wen (WEN) Meme Coin Wen (WEN) is another
Solana-based meme coin that has hit the crypto space in the last
few months. Starting out as an airdrop for users of the
Solana-based Jupiter decentralized exchange, it has quickly grown
among meme coin investors as one of the more stable investments.
Related Reading: Bitcoin Halving Retrace Spooks Investors: What Is
It And Why Does It Matter? Just like the other meme coins on this
list, the WEN token shows a lot of promise because it is still
under a $200 million market cap. This puts it at an at least 5x
move to $1 billion, with a possible 10x when it reaches the $2
billion market cap mark. SOL price shoots to $176 | Source: SOLUSD
on Tradingview.com Featured image from Blockgeeks, chart from
Tradingview.com
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