ICO Rankings Blog

Meme coins have taken the cryptocurrency world by storm, and the Solana blockchain is no exception. Solana is one such ecosystem known for providing fast transaction speeds & low fees, and as a result new Meme coins nowadays being launched under the Solna blockchain. 

This article dives into the solana meme coins that have joined our list along with a description for what makes each of them unique and why they are trending in ant roleplay elements out there.

1. Bonk (BONK)

Bonk was one of the first and arguably most famous meme coin to be hosted on Solana. It got a lot of attention for its air drops targeted at the Solana community, working towards decentralization and reduced influence from venture capital. Subsequently, Bonk infiltrated distinct industries such as online games and decentralized finance (DeFi). 

Gamers would be able to play participate in BONK games and earn/ spend their points on a game, while using decentralized financial applications (DeFi) with the built-In yield. With Bonk, their community-first efforts are exactly the reason why it is quite a favorite for fans of Solana meme coins.

2. Myro (MYRO)

Founded by dog owner Raj Gokal during the initial development of Solana, Myro is a meme coin for dogs (in memes) meant to spur activity and involvement in crypto. Myro is a moderately useful token that can be used for transactions on the Solana blockchain and trading operations with other cryptocurrencies. 

Myro has also built a mobile social app that allow users to post their images and media as cNFTs (crypto non-fungible tokens) for sale. Users are also able to earn a cut of the sale price if their posts are liked or favorited. That utility makes Myro stand out, and explains why it has earned a market cap of over $100 million.

3. Fronk (FRONK)

Fronk is a Solana blockchain meme coin another type of instance for Pepe, one of the example-best examples in 2024. Fronk is a deflationary cryptocurrency with regular token burns to lower the total circulating supply. 

The price of Fronk, despite its deflationary mechanism being formed on the meme token market had experienced massive price reductions. Yet its fair distribution scheme and deflationary characteristics are intriguing for the value minded budget investors​​

4. Lucky Boo (BOO)

Lucky Boo is a relatively new project in the Solana meme coin scene that have made waves by giving out giant airdrops for sure and marketing themselves super hard. There are a total of 8.1 Billion Tokens and 40% would be given through Airdrops, most likely to early presale investors. 

Lucky Boo plan to get listed on Top exchanges and will dedicate a good part of the supply in share it with investors! The Token project already experienced the Beam presale rounds sell out within hours -​ signalling a robust community demand.

5. Jeo Boden (BODEN)

Jeo Boden is a Meme coin that jokes the President of United States, Joe Biden. As of today, they do not yet have a roadmap or utilities - and even an operating website by the time this article was published. 

To date BODEN has achieved a market capitalization exceeding $250 million. It ties into the new "PolitiFi" content category that mixes politics and meme culture. BODEN trades mostly on the Raydium decentralized exchange (DEX) and its success has underlined meme coins themed around political events as an emerging trend.

6. Dogwifhat (WIF)

Dogwifhat debuted on the Solana blockchain back in November 2023 to take advantage of a lot of hype about how far SOL had skyrocketed. This dog-in-a-hat based meme coin with a brand that pays hat-tip to an obscure internet memes. 

Despite a lack of purpose or roadmap, Dogwifhat's tongue-in-cheek attitude and minimalist aesthetic resonated with his followers. With more focus on making fun of the speculative frenzy that was building up in the crypto market, behind such jokes a lot of meme coin enthusiasts started to take after these projects.

7. Book of Meme (BOME)

Book of Meme is an experimental project that brings together meme culture, decentralized storage technologies and speculative trading. Their project is attempting to build the "Digital Library" of internet meme culture, where each specific meme is recorded on the blockchain. 

The BOME token is based out of the Solana blockchain with a pledge to be further using Arweave as its IPFS storage solution. So far, BOME have been very successful with listings at the big ones (like Beaxy.io and KuCoin) as well having a market cap of over $1 Billion for sometime.

8. Wen (WEN)

Wen is a meme coin and an offspring of Jupiter finance defi protocol. Wen is primarily here for the betterment of the Solana community. A large share of its supply is targeted to community-led efforts aspiring to build engagement and support in the ecosystem. 

Wen has been able to make inroads into the Solana meme coin territory thanks to its community-first approach and deep connections with some of the top DeFi powers out there.

Conclusion

The craze of meme coins is pretty evident on the Solana blockchain. Represented by the likes of community-driven Bonk to political-themed Jeo Boden, these meme coins come in a varied set of themes and utilities. 

These Solana meme coins well be top of the trend as long as we see more evolution in the meme coin market. If you are an investor searching for a coin that is more utility-oriented like Myro or one with a community-first focus, such as Wen - the Solana meme coin world has something to offer in each case.

Cryptocurrencies are far from the days of 2009 when Bitcoin began. Although much of the hype surrounding Meme coins fits within a larger trend in cryptocurrency towards solving real-world problems or providing groundbreaking technology, some other phenomena have materialized that center around these coins to serve more community-related and entertainment purposes. 

These tokens - many of which reflect internet memes and social trends at large - have attracted significant interest from investors. In this article, we explore the emergence of meme coins, what makes them interesting and where they can go from here.

What Are Meme Coins?

Meme coins are cryptocurrencies created as a joke or based on popular internet memes. While standard cryptocurrencies tend to be developed with technical improvements or financial solutions in mind, the value of a meme coin is driven chiefly (if not entirely) by online community participation and social media hype. The largest meme coin is Dogecoin, a parody that has commanded large market capitalization.

The Pioneers: Dogecoin and Shiba Inu

Dogecoin (DOGE)

Software engineers Jackson Palmer and Billy Markus founded Dogecoin in 2013. The logo of this token is based on popular meme "Doge" which also includes the Shiba Inu dog, and was created as a joke to provide an approachable and fun digital currency. 

While it began as a joke, Dogecoin has become worth billions of dollars thanks to help from the community and endorsements from people like Tesla's Elon Musk. Dogecoin with Proof-of-Work (PoW) and infinite supply mechanism (hence, higher trading volumes)

Shiba Inu (SHIB)

Shiba Inu, often dubbed the "Dogecoin killer," was launched in 2020 by an anonymous developer known as Ryoshi. It is an ERC-20 token on the Ethereum blockchain, so it can make use of powerful and complex smart contracts. 

This blend of relentless marketing and ecosystem creation (including the ShibaSwap decentralized exchange) has been a recipe for quick popularity among investors in SHIB. The market capitalization of Shiba Inu today stands in the billions, and is for sure a darling among meme coins.

Other Notable Meme Coins

Dogelon Mars (ELON)

Dogelon Mars is another meme coin revolving around combining the popularity of Dogecoin and space exploration. 

Dogelon Mars, which was released in 2021 offers a community of followers and employing social good such as making donations to charities. The goal is that it should offer a nice and entertaining experience for the users, while also contributing in a positive way.

Baby Dogecoin (BABYDOGE)

Baby Dogecoin, launched in 2021, is a spin-off of Dogecoin designed to improve transaction speeds and introduce deflationary mechanisms. 

It automatically enters the Binance Smart Chain, allowing it to be utilized with much lower transaction fees and faster processing speed than Ethereum-based tokens. Go to source Baby Dogecoin has a large community and ranks high on the market.

Floki Inu (FLOKI)

Floki Inu is a token created based on Shiba-Inu's sassy puppy "FLOKI" meme. One of these tokens works to constructing a whole ecosystem containing an NFT marketplace and various DeFi applications. 

It has made its mark in the already competitive meme coin market thanks to a strong user base, ambitious roadmap and more.

Samoyedcoin (SAMO)

Samoyedcoin is the first meme coin on Solana blockchain with high transaction speed and low fees. 

Samoyedcoin is launched in 2021 with real-time and instantaneous transaction capabilities due to the use of Solana network. CommunityStrong community and plans for DeFi integration on Solana​.

The Appeal of Meme Coins

Meme coins are targeted at a large audience for multiple reasons:

1. Community and Social Media: Meme coins live and die by the hype that comes from social media. Reddit, Twitter, and TikTok were all crucial in driving their popularity.
2. Accessibility: It is more economical to start with meme coins so accessible for many players. This is how these large, active communities form and mature.
3. Entertainment Value: Meme coins have a high entertainment value, making it appealing to everyday people who otherwise would not invest in traditional cryptocurrencies. These tokens have been quite endearing because of the broader appeal that they bring to them, due in part to how lighthearted these are.
4. High-Profile Endorsements: Meme coins derive a significant amount of there popularity and valuation from celebrity as well as influencer endorsements. Example: Dogecoin is useless and without any utility, yet it has been pumped repeatedly due to tweets from Elon Musk.

Risks and Challenges

Though meme coins might open up new possibilities, they also carry large amounts of risks:

1. Volatility: Meme coins have insanely high volatility and can experience massive moves on social media trends or market sentiment.
2. Lack of Utility: Many meme coins have no real-world utility and are not even remotely price-proof.
3. Regulatory Concerns: The most rapidly changing sector of the crypto market is that of regulations, and meme coins are likely to raise red flags with regulators.
4. Scams and Frauds: Over the past year, a lot of meme coins have emerged that are also on scams or fraudulent projects so it is extremely necessary for investors to do complete research whenever they decide to put their money.

The Future of Meme Coins

It is uncertain what the future of meme coins holds, but their effect on market seems clear. This is attractive, as an increasing number of people are getting interested in cryptocurrencies and meme coins serve as an entry into otherwise hard to access assets. 

They can also foster innovation and creativity, as it relates to crypto-space development, by pushing the boundaries of what digital assets are capable of.

The future of meme coins will ultimately be determined by a few different trends:

1. Integration with DeFi and NFTs: Meme coins could eventually integrate more with DeFi applications and non-fungible tokens (NFTs), bringing about new use cases for these projects and making them even more useful.
2. Community-Driven Development: The power of the community behind meme coins will remain essential for their further development and prosperity. The only way that they will stay popular is if the community works on initiatives and specific projects to keep them relevant.
3. Regulatory Developments: Since the cryptocurrency regulatory environment changes, meme coins really are forced to adapt comply with regulations and prevent litigation. Some humour coins could also benefit from clear regulatory guidelines.
4. Technological Advancements: One of the reasons that this trend will not go away, regardless of its legitimacy is because inevitably, there are always some new technological advancements happening which could fix scalability problems inherently in meme coins.

Conclusion

Meme coins are a novel and fun facet of the cryptocurrency space. From the original Dogecoin to up-and-comers like Floki Inu, these tokens have certainly caught imaginations. Though not always performant, their high market capitalization and loyal followings indicates the impact they have nevertheless.

Knowing the most popular meme coins by market cap and what makes them so juicy to investors shows how wild, weird, and wacky the world of these altcoins can be. Meme coins provide a glimpse into the future of digital assets - either for fun, profit or community engagement.

So as the crypto market grows, meme coins will still play an active role in shaping its ecosystem. Their surge to popularity has underscored the significance of community, ingenuity and social-media in the realm of digital assets; a legacy they are bound to leave behind for many years hence.

Meme tokens have been relatively popular over the past year and make up an interesting part of the cryptocurrency ecosystem. 

Where most credible cryptocurrencies have a focus on some kind of technological advancement or financial solution, meme tokens are just basically memes and internet jokes turned cryptocurrency.

Although they started as playful, meme tokens became notable enough to attract capital from players. In this article, we will explore the top memes tokens by market capitalization and dive into what makes them popular and their performance.

What Are Meme Tokens?

A meme token is a type of digital currency that begins as an internet joke. This usually means they have no underlying value or utility and are only popular because people in their community talk them up, get people to post about it on social media. 

While their origins might have been created with fun, some meme tokens have gone on to garner large market capitalizations which has captured the attention of both retail and institutional investors.

The Top Meme Tokens

Dogecoin (DOGE)

Dogecoin (DOGE) is the pioneer of meme tokens. The well-known Shiba Inu dog meme that adorned Dogecoin was first made as a joke in 2013 by software engineers Jackson Palmer and Billy Markus. 

Although it started off as a joke, Dogecoin soon amassed a large following and received celebrity endorsements from the likes of Elon Musk. It is a proof-of-work (PoW) coin, without liquidity constraints that trades with higher volumes than most alts. 

Dogecoin is still the most popular meme token and also has a market cap of $23.9 billion as it stands now.

Shiba Inu (SHIB)

SHIB was born in 2020, inspired by Dogecoin and created by anonymous person Ryoshi. They quickly emerged as one of the rising stars on Shiba Inu - self-branded "Dogecoin killer". 

Being an Ethereum-based token, Shiba Inu harnesses the powerful smart contract functions capable of uplifting beyond Dogecoin. 

It is the third-largest meme token with a market cap of approximately $20.8 billion after Shiba Inu was only supported by its DEV work this year.

PepeCoin (PEPE)

Launched in 2023, PepeCoin (PEPE) is a more recent addition to the meme token field. It started as a popular Pepe the Frog meme and soon elephanted in the cryptocurrency community. 

PepeCoin is an Ethereum-based ERC-20 token. Market capitalization to has reached nearly $3.5 billion, making it one of the leading memes tokens in a space yielded to play out over 36 months.

Dogelon Mars (ELON)

Dogelon Mars (ELON) is another meme token inspired by Dogecoin and Elon Musk. The token melds Dogecoin's base with the appeal of space exploration, an oft-discussed theme in Musk's tweets. 

The Dogelon Mars community is about having fun and keeping the engagement high while still helping out for a cause. It has a high market capitalization and is loved by many of the meme token aficionados.

Baby Dogecoin (BABYDOGE)

Baby Dogecoin (BABYDOGE) is a fast, high ROI Token in the vein of Poocake and Boobcoin that promises transaction speeds up to 100 times faster than traditional tokens while introducing better deflationary economics. 

Established in 2021 on the Binance Smart Chain (BSC), Baby Dogecoin has reaped well from its proximity to and partnership with the popular exchange, Binance. 

Even though recently released, it has gathered a great number of followers and decent market capitalization.

Floki Inu (FLOKI)

Floki Inu was inspired by Elon Musk's Shiba puppy Floki. The token aims to build a more extensive ecosystem that includes an NFT marketplace, DeFi apps and educational content. 

Floki Inu has captured a major market share for meme tokens primarily due to its true community-focused approach and an aggressive roadmap.

Samoyedcoin (SAMO)

Another popular pet-inspired meme coin is Samoyedcoin (SAMO). It is a meme coin on the Solana blockchain, which has been appreciated for its fast transaction speeds and cheap fees. 

Samoyedcoin aims to be more than just a meme by integrating with various DeFi applications on Solana. Its innovative approach has earned it a place among the top memes tokens by market capitalization​.

MonaCoin (MONA)

MonaCoin (MONA) is a Japanese meme token inspired by the ASCII art character, Mona. This is one of the first meme tokens, as it was created in 2014. 

MonaCoin is mined using Proof-of-Work and has been embraced by the Japanese community. The stability of their market cap comes from their cultural strength and the fact they were early to market.

Factors Driving Meme Token Popularity

Community Engagement

Meme tokens are community-driven. Reddit, Twitter and Telegram represent key platforms in their development. These tokens are crowned by communities producing viral campaigns and memes which feed an organic demand for the token.

Celebrity Endorsements

Endorsements from top celebrities or influencers can send the price and hype of meme coins to high places essentially with rat poison II trying Satoshi's game. For example, tweets made by Elon Musk on Dogecoin has caused significant price surges as well as media attention.

Accessibility

The entry threshold for most meme tokens is generally low. This accessibility promotes massive adoption, especially for inexperienced traders who want to get in the crypto space with little money.

Speculative Investing

Speculative investors hungry for fast profits are drawn in by the unpredictable nature of meme tokens. The wild price action can result in massive profits (or losses), making them attractive for high-risk, high-reward playbooks.

Social Media Influence

The influence of meme tokens would never have reached its peak without the aid of social media platforms. 

This sort of meme-ification and jokes around them quickly spiral out for the tokens, obviously because they end up being speculative bubble, it literally encourages investments as well. Buzz on social media often converted into financial business in the real world.

Risks Associated with Meme Tokens

Volatility

Otherwise, as you probably know because of their existence entirely to manipulation the meme token are nothing if they're not volatile. 

Notable for their extreme volatility that causes them to change in value within minutes on the whims of social media trends and speculative trading. Such volatility can lead to huge financial losses on the part of investors.

Lack of Utility

Most meme tokens have little to no utility or real world applications. They have no intrinsic business or technology play; their value pretty much come from community hype & market speculations.

Regulatory Uncertainty

The race to dig at the bottom of a pile is merely an artifact from these developing democracies, and the very nature has attracted regulators. 

Meme tokens, by their very speculative and volatile nature could be ripe for regulatory clampdown as well legal challenges or shutdowns.

Market Manipulation

Meme tokens generally have a low market cap and high trading volume, thus making them prone to manipulation in the markets. 

Whales (big holders) have the power to manipulate prices at an extremely high level and such pump-and-dump cases damage retail investors.

Why Meme Tokens Matter

Although meme tokens begin as a bit of fun their impact on the cryptocurrency market is substantial. 

Their engaging nature usually with fun accelerates this bringing in a lot of new investors into the crypto space. 

Meme tokens also showcase the strength of community in crypto, as these assets shift value based on social interaction and audience.

The Future of Meme Tokens

The fate of meme tokens is an uncertain one, but the demand for them is real and shows no sign of disappearing in future. 

Meme tokens are driving adoption of cryptocurrency; they make it easy to scam many new people entering the space. 

They also help foster new use cases for blockchains in creative ways, allowing cryptocurrencies to do more.

Conclusion

Meme coins are a rather interesting and extremely entertaining part of the cryptocurrency market. These coins range across the spectrum from Dogecoin, to Floki Inu. 

While to the majority of traders they might not always be taken seriously, their market caps and devoted followers does testify that a very real ripple effect is happening). 

Given the rapid evolution in this space, to expect these meme tokens to vanish completely would seem naive - and counterintuitive as they enrich market diversity.

Investors who focus on the top memes tokens by market cap will get an interesting snapshot of this volatile marketplace, which is packed with surprises. 

On the lighter side, or in terms of light-hearted entertainment and focusing on community involvement along with play-to-earn opportunities; meme tokens represent a window into what digital assets could be like heading in to the future.

Now that the Bitcoin halving has occurred, traders are preparing for the much-awaited “alt season.” 

After the halving, altcoins typically pick up steam and begin to rise parabolically in the early summer. Rekt Capital and other experts think this is the best time to hoard altcoins before they take off in late May and early June. 

One of the first cryptocurrencies to rise during the previously mentioned "altseason," according to analysts, was XRP.

Captain Faibik, a well-known cryptocurrency trader with over 88k X followers, says that the current XRP dip represents the final chance to purchase the coin before its explosive bull run. 

The demand for low-cap cryptocurrencies is likewise very high. For example, the recently launched cryptocurrency presale, Bitcoin Minetrix, has raised over $13 million, and experts believe it has the potential to generate 100 times the returns once it launches.

XRP Price Breakout Imminent - Is This the Last Chance to Buy?

Among all the altcoins, XRP has shown one of the longest sideways consolidating price actions; traders are frequently frustrated by its lack of upside. 

When the price chart of XRP is compared to that of BTC, this becomes very evident. Even though XRP experienced selling pressure during BTC's bearish moments, its level of bullishness has decreased significantly in recent months. 

Nevertheless, despite the disappointing price action, the bulls remain optimistic. More robust breakouts are frequently the consequence of more extended consolidation, and analysts think that a "God Candle" may soon be coming.

Key Resistance and Support Levels to Monitor for XRP

However, XRP is about to take off, but it certainly has a couple of key resistance levels to wipe aside before the next bull run.

The token would need to break above the 4HR 200 EMA which currently stands at $0. In addition, well-known trader CoinsKid says he will pull the trigger on a short of the XRP coin once it breaches the 4-hour 200 EMA.

Another level that a bullish speculator, Dark Defender, spotlights is $0.66. The $1 level is likewise indispensable and requires to be turned by the bulls for the $0.93 key rate area to be hit.

Crypto trader XRP Whale has identified $0.48 as a "steel wall" that is unbreakable when it comes to support levels. The cryptocurrency would also have to protect the $0.52 price point. 

Significant Day Today in Ripple vs. SEC Lawsuit

The cryptocurrency XRP may experience volatility today, April 22, as Ripple will submit its opposition brief in the ongoing hearing concerning solutions. 

The court will consider the arguments carefully before deciding how much of a penalty Ripple will have to pay for breaking the Securities Act through its institutional sales. The redacted version of this brief will be made publicly available on April 24, and the SEC will submit its response on May 6. 

Not surprisingly, XRP has still been significantly impacted by the Ripple v. SEC lawsuit. However, the big decision investors are waiting to see is whether the SEC will file an appeal against Ripple for its initial loss in July 2023. 

Could the New Crypto Bitcoin Minetrix Offer 100x Returns

The mining industry is expected to become highly profitable in the upcoming months, with the bull market predicted to resume in May. 

Experts are, therefore, optimistic about mining stocks and Bitcoin Minetrix ($BTCMTX), a new cloud mining token. Popular cryptocurrency YouTube channels like Predir Capital and OnlineHustleTV predict that Bitcoin Minetrix's value could increase by a factor of 100.

In fact, there has already been a lot of interest in Minetrix's decentralized cloud mining concept; during its presale, token sales raised over $13.2 million. With its initial coin offering (ICO) scheduled to conclude on April 28th, the project is experiencing growing hype and FOMO.

Purchasing the new cryptocurrency at its discounted price of $0.0148 might be your last opportunity. 

Minetrix enables investors to access BTC Mining Rewards and be drawn to the potential boost in BTCMTX value. In traditional crypto mining, users will need to invest a large amount of capital, but users who use Minetrix only need to stake $BTCMTX tokens to receive BTC rewards.

Investors will earn more passive income by participating in the staking process.

Analysts predict that Dogecoin will lead the next rally in the cryptocurrency market, which is gradually recovering from its recent selloff. A known trader believes a $1 price tag won't be far off.

The new ICO token Dogeverse seems promising because a reputable analyst has backed it 100x.

DOGE Could Lead the Next Meme Coin Rally and Reach $1

While it seems as if market leader Dogecoin is just getting started, the last attempt at a meme coin season has been puzzling.

Analysts say that a popular cryptocurrency like Dogecoin may soon see a huge price surge. This recent pull-back is welcome, as we are due for a breather right before the next push higher.

Although Dogecoin's price will be pressured to extend to lower lows sooner rather than later, Rafaela Rigo viewed new consolidation as the likely course for the eighth-largest cryptocurrency by market capitalization. Lastly, the analyst believes that a big pump will be led by Dogecoin.

This one has a price expectation of over $1.00 for the cycle. My first target is 25X of its lower price point to this. The entry may be at a lower price, and while the short-term forecast remains bearish. Nevertheless, I'm in," the analyst tweeted Wednesday, which went viral.

While Javon Marks stressed the importance of Dogecoin's recent pullback for its future trend, He said the Dogecoin price predictions for long-run are $0.65 and $1.3.

As per the analyst, the price of Dogecoin made an upside move of +234% after it breaks out the mentioned resisting trend before this potential healthful pullback.

"Price pullbacks may only assist prices in a >315% uphill run to the $0.6553 target," he said, adding that "prices still hold the support."

Reputable meme coin analyst and Because Bitcoin CEO Max Schwartzman believes Dogecoin will do better than the overall market because it was able to take advantage of a larger market share the last time Bitcoin went through price discovery.

Max added to his prejudice when he said, "Doge is the king altcoin... It was before ETH by even more. This quarter, if DOGE can gain significant traction, it will carry the majority of other altcoins with it. I believe the best is still to come, and we may be approaching a dangerous season."

However, some traders remain optimistic about Dogecoin and believe other cryptocurrencies related to it may do better than the leading dog.

“It's important to remember that holding strong Dogecoin betas is important. In terms of probability, they are rising over time.” said The CryptoBull.

Dogeverse is a popular presale that has raised over $8 million in its first two weeks and is one of the most promising Dogecoin betas.

Analysts Support Dogeverse to Surge as Project Approaches $8M Milestone

As it invites traders into a new world of interconnected memetic activity, Dogeverse is a new presale meme coin that challenges established industry norms.

Since most meme coins are exclusive to a single blockchain network, they become stagnant when traders move, for example, from Solana to Base. Not Dogeverse, though.

Cosmos the Chain Hopping Dog, the project's mascot, is accessible on the six most popular blockchains with smart contracts enabled, guaranteeing its adaptability to the constantly shifting meme coin market.

The launch will be after its quest on Polgon, BSC and Ethereum, and later launch on Solana, Base and Avalanche.

Dogeverse avoids the risk of user migration by dynamically forming connections between the previously separate meme coin communities, helping their brands to capture meme coins, where all the fun can take place.

The opportunity for investors to stake their tokens for passive rewards heightens the excitement. They can currently earn 133% APY, but this will drop as more tokens are staked.

Prominent gem hunter Jacob Bury believed that Dogeverse could 100x in a YouTube video on Thursday. Gains this size are certainly optimistic, but Dogeverse's unique use case suggests that things will improve.

The $DOGEVERSE presale price is currently $0.000299, but it will increase during the campaign. The next increase is scheduled to occur in one day, or when the total amount raised reaches $8.8 million.

The meme coin Slerf, based in Solana, has been trending with a recent price rise. Right now, it's trading 11% higher than yesterday.

On the other hand, as Slothana gets ready for its initial exchange offering (IEO), it is also gaining momentum as another promising Solana token.

Slerf Price Skyrockets as Team Launches Second Presale

Slerf raised $1.3 million in two hours for its second presale in Solana and has seen an 11% increase in the price today.

The presale supply was effectively burned, but the presale was reported in every market publication last month, not because the team raised $10m but because of the nature of the presale campaign.

Unfortunately, this added to the transmission pricing in the fewer remaining SLERF. You saw the market go into euphoria and such mania coins like Slerf traded more volume on-chain than Ethereum and the meme-ability of the coin got it on countless major mainstream outlets like Bloomberg.

But since the group has gone memetic, they appear willing to give it one more try, announcing that they will open a new line of NFTs in the near future, allowing the community to presale acquirement.

As previously reported by Whale Insider, an X news account, the presale netted a staggering 7,552 SOL ($1.3 million) in two hours.

The presale was only 19 hours ago, and there was not much posted via the Slerf X presale account - other than the fact that the MG is just that limited.

Meanwhile, the price of SLERF has also been rising amid the recent downtrend, and it jumped to the highest level in ten days.

May be, other than the presale, the LBank exchange supported SLERF. This is because it has already raised money from the first presale, which could give exits on exchange the opportunity to buy more Slerf from exchange.

LBank's CMO - Kaia W., announced that the amount of SOL reimbursed through the donation program exceeded $19,000.

Adding even more fuel to the fire, blockchain analytics account, LookOnChain, which tracks whales along the blockchain, indicated that they have been buying SLERF on the dip as well, signaling the smart money is very bullish on the project.

However, Slothana is another Solana meme coin that is seeing a lot of investment. Due to the presale currently taking place, investors can participate in the project from the beginning before it is listed on exchanges.

Could $SLOTH Be the Next SLERF After Raising $10M in 2 Weeks?

Slothana, a lazy sloth-themed meme coin gaining incredible popularity, is the next meme coin to join the presale meme coin meta.

The Slothana presale surpassed Slerf's total raise and Book of Meme, the original Solana meme coin, just two weeks after its launch.

With its IEO scheduled for nine days, Slothana is now focused. Exchange launches have opened up huge possibilities for traders of Book of Meme and Slerf.

Several BOME presale buyers made millions from five-figure investments, according to LookOnChain. Fast-moving Slerf traders, meanwhile, also made enormous gains by entering the market early.

Though there are rumors that Slothana was developed by the shrewd crew of developers and marketers behind Smog, it appears to be the most promising contender. 

Another meme coin based in Solana, Smog, debuted in February and has since grown 100x  to a $200 million market capitalization.

A connection between the two teams was immediately noticed by observers when Smog left a comment on Slothana's very first X post at a time when it had only 50 followers. 

With its remarkable presale success, memetic allure, and possibly first-in-class team, Slothana appears ready to rise following the exchange launch.

Analysts also support it; Crypto Wire recently stated, "Slothana meme project could 100x."