Bitcoin trades at breakeven today, but meme coin prices are exploding.
Dogwifhat leads the top 100 cryptos by market cap with a 12% gain, while Popcat has rallied 13%. Some smaller tokens have seen even bigger gains. Neiro Ethereum is up 21%, and Osaka Protocol is up 20%, for example.
It’s also worth noting that Dogwifhat’s 24-hour trading volume has surged 79% to $435 million, reflecting the rising interest in meme coins among investors.
But what’s the best crypto to buy to capitalize on this trend? Here are five coins that could pump next.
Solaxy
Instead of identifying individual meme coins that could explode next, investors can bet on the entire sector’s growth by investing in infrastructure.
One way to do this is through $SOL, but that has limited upside potential with an $83 billion market cap. In comparison, Solaxy is currently undergoing a presale and has raised $43 million to date, leaving a lot of room for growth.
It’s building the first-ever Solana layer 2 blockchain, aiming to address the network’s congestion issue by utilizing off-chain computation and transaction bundling technology.
Congestion occurs on Solana during periods of peak network activity and causes longer wait times and increased rates of transaction failures. Solaxy aims to enable Solana to function properly regardless of how much demand it experiences.
Solaxy will be cheaper, faster, and more reliable than Solana, which makes it ideal for meme coin trading.
And considering the fact that it’s currently undergoing a presale, there’s real potential for $SOLX to explode this year.
Launch Coin on Believe
Launch Coin on Believe burst into the limelight last month as rumours surfaced that it’d be the native token of Believe, a new meme coin launchpad.
This is big news because Believe isn’t just another meme coin trading app; it offers something entirely new.
The project allows users to create tokens by posting on X and tagging @Launchacoin.
While Pump.fun and other meme coins trading apps are easy to use, Believe takes things to a new level. It’s integrating token creation into the social media application the industry’s heavyweight players converse. It could be the start of something huge.
Currently, $LAUNCHCOIN holds a $150 million market cap, having dropped 57% from its all-time high (ATH) around two weeks ago.
However, given its strong use case, there’s every chance it will reclaim this level and much more shortly.
Best Wallet Token
Continuing our look of infrastructure projects that could benefit from meme coin growth, Best Wallet Token may be one of the best options.
Best Wallet is a self-custody wallet that makes it easy to own crypto without relying on a centralized exchange.
It’s no secret that on-chain crypto transacting is complicated and far from user-friendly.
For newer investors (many of whom like to buy meme coins), trading on-chain is too complex. That was until Best Wallet.
With Best Wallet, on-chain trading has a completely new look. The app includes a cross-chain decentralized exchange (DEX), fiat on-ramping, a presale aggregator, and a staking aggregator. Everything you need to do on-chain, Best Wallet enables without you ever needing to leave the app’s dashboard.
It also allows users to sign up with Google accounts, removing the complexities of seed phrase management.
Best Wallet Token is undergoing a presale and has raised $12.9 million so far.
It’s early stage and powerful use case signal that $BEST could surge in the months ahead.
Kekius Maximus
When it comes to meme coins, there’s one man who holds more influence than anyone else: Elon Musk.
After sending Dogecoin to an $80 billion market cap in 2021, Musk has recalibrated his memetic focus this market cycle.
He’s paying homage to Pepe through an X profile moniker called “Kekius Maximus.”
This is a mashup between Pepe the Frog and Maximus Decimus Meridius from the movie Gladiator.
There was a Pump.fun meme coin called Kekius Maximus created about Musk’s profile rebranding when he first made the change in December.
He shifted his focus to other profile monikers later, but reverted to Kekius Maximus in May.
This is creating a lot of visibility for the $KEKIUS meme coin, causing its price to rise 65% this month. However, it remains 89% below its January ATH and thus has plenty of room for growth.
Zeus
When it comes to meme coins, Zeus is the new kid on the block. It launched just over one week ago and has early investors stoked.
It’s an Ethereum-based, dog-themed meme coin with a twist: more colorful branding.
In the grand scheme of things, that mightn’t seem like much, but in the meme coin space, it’s generating a lot of buzz. The project explains that its approach offers “divine chaos, unstoppable energy, and pure fun.”
Most dog-themed meme coins follow the same playbook, but Zeus tears it up. It’s doing precisely what a new meme coin should do to get noticed, and it’s working.
The price has soared 125% in the past seven days. But with a $46 million market cap, there remains plenty of untapped potential. It’s also worth noting that Ethereum offers the deepest liquidity among all blockchains, so there’s real potential for Zeus to explode if its current trend continues.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.
