.png){kind=logo}
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Meme coins are climbing the ladder among crypto investors. The number of meme coin holders has exploded in the past few months, and many experts believe they could replace Bitcoin in terms of daily trading volume. Q1 2024 has been incredibly successful for so-called "joke currencies" as top-ranked meme coins recorded average returns of 1312%.
Exciting projects such as Book of Memes (BOME), Cat in a Dogs World (MEW), Smog (SMOG), and many more emerged as top-traded digital assets, paving the way for a wave of new cryptos with high gain potential. The future of meme coin markets looks promising with the imminent arrival of Dogeverse, Slothana, Dogecoin 20, and Sponge V2, which are expected to make a significant impact in the near future.
Meme coins have been around for over a decade, but they have never had such an influx of new traders as they did since the beginning of 2024. According to the latest data, wallets containing meme coins reached an all-time high in the past month. The increase in traders willing to invest in meme coins indicates that the entire niche is growing faster than ever.
The first quarter of 2024 has been a game-changer for meme coins, as CoinGecko's latest report revealed an impressive average return of 1312%. This surge was led by Dogwifhat, which went viral, hitting a market cap of over $4 billion and returns of over 2721%.
Moreover, meme coins outperformed other crypto assets, including real-world assets and Layer 2, by up to 33 times in terms of profitability. Countless stories arose of traders investing a few dozen or hundreds of dollars into emerging cryptos, selling them for millions just a few days later. Yes, investing in meme coins is still risky, but the sudden expansion of the sector is showing tremendous potential. The meme coin markets gained a lot of momentum, so now is the perfect time to invest in emerging projects if you're looking for high returns.
The meme coin markets are still expanding, and more projects will launch in the next few weeks. Considering that memes are the focus of millions of traders worldwide, investing in emerging meme coins today could turn out to be the best decision you've ever made. So, let's look at the newest projects that are expected to explode in the upcoming period.
Dogeverse is the newest meme coin project that entered presale in the second week of April 2024. It's originally built on the Ethereum blockchain but will get an expansion to BNB, Polygon, Solana, Avalanche, and Base by the end of the week. The official $DOGEVERSE token presale raised over $250,000 minutes after going live and is the next meme expected to go viral and explode as Doge Day draws nearer.
Its unique design and interoperability features set it apart from all other projects on the market. It is inspired by COSMO, a character that symbolizes freedom within the cryptoverse, combined with Doge and the latest technology.
The platform will use Wormhole and Portal Bridge technology to allow holders to navigate between multiple blockchains, connecting them in one platform that combines the best features of all available networks. $DOGEVERSE token holders will also get a chance to stake their coins for high returns, so it's an investment you don't want to miss out on.
Slothana is the newest Solana-based meme coin expected to explode on Doge-Day. It entered presale in late March, pushing through the $10 million milestone in less than two weeks, and the newest meme coin to ride the Solana meme expansion wave.
The project is inspired by a lazy sloth who spends his days working a tedious 9-to-5 job at the office, getting lit up the rest of the day. He finally decided to enter the crypto world, aiming to reach a market cap of $420 million. The project will go live on April 20 and will explode in the following days.
Investors can get 10,000 $SLOTH for 1 SOL token, and the price will stay the same throughout the entire presale event, ensuring that all early investors have the same chances of getting high returns.
Dogecoin 20 is another emerging meme coin that has gained popularity among investors worldwide. It's a new version of Dogecoin with excellent token utility, allowing users to stake their coins for high returns. The platform entered presale a month ago, and the entire supply of 35 billion tokens was sold out in record time, raising over $10 million.
The presale sold out so quickly that the developers had to redirect a portion of the tokens reserved for marketing costs to allow more investors to get their $DOGE20 tokens at the lowest price possible. Dogecoin 20 will also launch on Doge-Day and is another project that could explode, resulting in 100x gains in the next few weeks.
Sponge V2 is another viral meme coin that is already showing high return potential. It will launch in the next few weeks with an excellent utility built around a P2E Mario-Kart-like Spongebob-themed racing game. The project builds on the existing $SPONGE community, which reported gains of over 2.000% in 2023.
Investors can get the new version of the $SPONGE token through a Stake-to-Bridge mechanism that requires them to stake original coins to receive 167% returns in SPONGE V2. Over $22 million worth of $SPONGE tokens have already been staked, and the current price of V2 is nearly 8,000% higher than V1's launch price. It's another highly anticipated meme coin going live in the next few weeks and another high-gain potential investment opportunity.
Now is the perfect time to invest in meme coins, as it is one of the fastest-growing cryptocurrency niches in the market. Countless memes experienced massive gains in the past few months, and upcoming platforms like Dogeverse, Slothana, Dogecoin 20, and Sponge V2 will likely ride the wave, becoming some of the highest-gaining cryptos in the next few weeks. Invest today and ensure you get the most out of the meme coin craze that could extend to the rest of the year.
