Solana-based meme coins are gaining attention in the crypto market. They’ve outperformed major cryptocurrencies like Bitcoin and Ethereum recently. One of the most notable coins, Bonk Inu (BONK), has reached nearly 7,000% this year. Market expert Leshka believes the potential approval of Solana ETFs in the US could boost these tokens even more.Â
Leshka’s analysis highlights how Solana memes are driving the current market cycle. There are expectations for their growth, especially if the US Securities and Exchange Commission (SEC) approves Solana ETFs. The best Solana meme coins to watch are listed below:Â
POPCAT
POPCAT is a cat-based meme coin that has increased 55% in the past two weeks. With a market capitalization of $441 million, it is now the fourth-largest meme coin on Solana, trading at $0.448. Leshka considers it a significant mid-cap meme with a strong community, despite lacking intrinsic value.Â
MICHI
Another cat-based meme coin, MICHI, is notable in the Solana ecosystem. The upcoming launch of MichiSwap, Michi NFTs, and the Michi NFT Marketplace could drive its price up in the coming months.Â
Bonk Inu (BONK)
Bonk Inu has gained significant attention, recording a 20% price increase in the past two weeks. It’s currently trading at $0.00002413. Originally supporting the Solana community, Bonk Inu has expanded its user base and integrated into decentralized finance (DeFi), cross-chain messaging protocols, and NFT marketplaces. This integration is key to its growth prospects.Â
Dogwhifhat (WIF)
Dogwhifhat is currently the top Solana-based meme coin by market cap, accumulating over $1.6 billion. Leshka believes Dogwhifhat symbolizes progress in futuristic transactions and appeals to forward-thinking individuals. Despite a 40% price drop in the past month, it remains a strong contender.Â
OBEMA
OBEMA is a political meme coin featuring Michelle Obama. It’s considered a risky investment with no inherent value or expected financial gain. However, Leshka notes the potential for a 10x-20x return if Joe Biden leaves the presidential race.Â
BODEN
BODEN, featuring Joe Biden, has seen its popularity decline. However, an unexpected event in the race for the White House could give it a boost, especially if Biden wins the election in November.Â
SOL
Solana’s native token, SOL, is also noteworthy. It was trading at $138.70, down over 13% monthly but up 540% year-to-date.Â
Summary Table of Top Solana Meme CoinsÂ
Coin | Current Price | Market Cap | Recent Performance | Key Features |
POPCAT | $0.448 | $441 million | 55% increase in past two weeks | Strong community |
MICHI | – | – | – | Upcoming launch of MichiSwap, Michi NFTs |
Bonk Inu | $0.00002413 | – | 20% increase in past two weeks | Integration with DeFi and NFT markets |
Dogwhifhat | – | $1.6 billion | 40% price drop in past month | Symbolizes progress in transactions |
OBEMA | – | – | – | Potential high returns based on elections |
BODEN | – | – | – | Possible boost from unexpected events |
SOL | $138.70 | – | Down 13% monthly, up 540% year-to-date | – |
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These Solana-based meme coins have captured the interest of many in the crypto market. With the potential approval of Solana ETFs, their future looks promising. Keep an eye on these coins for possible investment opportunities.Â
Disclaimer
FAQ
NFTs are unique digital assets stored on blockchains, representing various digital items.
To create a unique NFT, you mint it by uploading a digital file to a blockchain platform.
NFTs can be a good investment for collectors, but research and understanding risks are essential.
