Right now, meme coins are getting more attention than utility coins, with Dogecoin and Shiba Inu still being popular. But since these two have already grown a lot, many investors think they might not have much more upside.
Instead, they’re looking at other meme coins that could offer better returns. Here are four meme coins that could do well in the coming month.
1. MYRO: A Meme Coin with High Upside Potential
Meme coins like BONK and Dogwifhat have already made a significant impact on the Solana network, reaching billions of dollars in market cap. However, one Solana meme coin that has yet to achieve such high valuations is MYRO.
MYRO initially gained attention alongside BONK and Dogwifhat, but it has since lagged behind, with its market cap remaining below $200 million, while the others have surpassed $1 billion. This lower valuation makes MYRO an attractive option for investors looking for meme coins with substantial upside potential, as reaching a $1 billion market cap would represent nearly a 10x increase from its current level.
2. ShibaSwap BONE: A Promising Meme Coin with High Return Potential
The ShibaSwap BONE token, launched by the Shiba Inu team, is emerging as a promising meme coin. Currently trending around a $120 million market cap, it presents an attractive investment opportunity for those seeking high returns.
BONE also serves as the utility token for the Shibarium network, used to pay for network fees. As adoption of the Shibarium Layer 2 network increases, demand for the BONE token is expected to rise, as users will need it to carry out transactions on the network.
3. WEN: A Meme Coin with Strong Growth Potential
While Shiba Inu could potentially see another 10x rise to reach a new all-time high, its growth may be limited, especially for investors with smaller portfolios. In this case, meme coins like WEN, which is popular on the Solana network, might offer better prospects.
WEN is currently hovering around a $100 million market cap but continues to attract investor interest with an average daily trading volume of $10 million, despite market downturns. This positions WEN well for a significant surge when meme coins start gaining traction again.
4. NEIRO: A Rising Meme Coin Inspired by Kabosu’s Successor
Earlier this year, the legendary Shiba Inu dog Kabosu, who inspired the iconic Dogecoin logo, passed away, leading to a global outpouring of grief from meme lovers. In response, Kabosu’s owner has since adopted another Shiba Inu named Neiro, and meme coin enthusiasts quickly created coins named after the new dog.
Among these, the NEIRO meme coin on the Ethereum network has gained significant traction, surpassing a $150 million market cap. With over $100 million in daily trading volume, NEIRO shows strong potential, and supporters are hopeful it could reach the $1 billion mark.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
Join Cryptos Headlines Community
Follow Cryptos Headlines on Google News
