As a seasoned analyst with years of experience navigating the volatile and ever-evolving landscape of the crypto market, I find myself drawn to the potential of Solana meme coins. Having witnessed the meteoric rise of tokens like Dogwifhat, BONK, and POPCAT in 2023, I can’t help but keep a keen eye on their lesser-known counterparts, such as MYRO, WEN, and PENG.
After numerous blockchain-based tokens achieved significant success in 2023, Solana meme coins have emerged as a popular choice among crypto investors. Tokens like Dogwifhat, BONK, and POPCAT have yielded substantial profits for investors, sparking a search for other potential winners. Here’s a roundup of three up-and-coming Solana meme coins that might surge by 500% from their current values.
MYRO Still Promising Among Solana Meme Coins
It’s worth noting that while other popular Solana meme coins like BONK and Dogwifhat have seen growth in their prices, MYRO has not managed to follow suit. Interestingly, MYRO’s price used to mirror the upward trend of Dogwifhat quite closely, but it plummeted more significantly. This steep decline brought MYRO’s market value down below $70 million, as the market found it challenging to keep pace, based on data from CoinGecko.
Despite a recent dip, the MYRO token remains intriguing. Its daily trading volume consistently hovers near $10 million, demonstrating ongoing investor interest in this Solana-based meme coin. Moreover, the MYRO token has successfully gained listings on significant platforms like Binance Perps and ByBit spot and perps, which underscores its growing popularity.
When the bull run for Solana’s meme coins resumes, there’s much anticipation for tokens like MYRO, a dog-themed meme coin. If it manages to reach its previous all-time high of $0.44 once more, some experts predict a potential rally of 900%, making MYRO an intriguing investment choice.
WEN Still In The League Of Solana Meme Coins
Initially, the WEN token gained recognition by distributing substantial quantities to Solana users across numerous decentralized trading platforms. This move fueled its growth, propelling it up to $0.00051 and securing a market capitalization of $510 million.
After a crash, the cost of WEN has plummeted by 83.6%, making it an attractive option for investors who are keen to invest. Similar to MYRO, if WEN recovers and reaches its record high price again, investors could potentially earn five times their initial investment. In the event that Solana’s price hits a new all-time peak, WEN’s value might surge to reach a whopping $1 billion before any potential gains come to an end.
PENG: A Different Kind Of Animal
This year, the PENG meme token has been one of the successful Solana meme coins. Unlike other meme coins based on dogs and cats that were popular on the Solana blockchain, PENG stands out by using a penguin as its symbol. The coin rapidly built a solid fanbase, reaching a peak value of $2.14 and boasting a market cap of over $210 million before experiencing a drop.
At the moment, the value of PENG meme coin is about 94% lower than its peak price. If it were to return to this level, that would equate to a massive 1000% increase in its worth. This makes it an intriguing opportunity for investors who are on the hunt for Solana-based meme coins that are flying under the radar.
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2024-09-21 07:11