Memecoins
3 Solana Meme Coins to Keep Forever
Contrary to popular belief in the industry, the coin hype has not long since died down. This sector still offers select gems that can change the lives of ordinary investors. For example, Pepe Coin recently reached a new all-time high, proving that coins in this sector still have potential. Above all, Solana Coins like dogwifhat, Bonk and BOOK OF MEME tend to make great strides.
Solana is a layer 1 blockchain ecosystem that has grown to directly compete with platforms like Ethereum. The protocol is revered for its low-cost, lightweight transaction speeds and scalability.
According to CoinMarketCap According to the data, Solana is among the top ten cryptocurrencies worth $61 billion. The token that powers the ecosystem, SOL, attracted $2.5 billion in trading volume while trading at $133.
Investors who are looking for opportunities to grow small crypto portfolios and prefer to look beyond SOL can consider Solana meme coins like WIF, BONK, and BOME. This research also applies to deep-pocketed investors, but further due diligence is needed.
Solana Meme Coins to Buy – Dogwifhat (WIF)
Dogwifhat is the largest meme coin in the Solana ecosystem. It’s a token inspired by a dog like Dogecoin and Shiba Inu, however, relatively younger. Although new compared to DOGE and SHIB, WIF has seen impressive success since late 2023.
It has a vibrant community on various social media channels like X. The project carries the tagline “literally just a dog in a hat”.
Dogwifhat’s success is reflected in the growth in the value of WIF, the token that powers the project. Trading at $1.97 at the time of writing, WIF is up 2,805% from the all-time low.
However, due to the cryptocurrency price correction, dogwifhat is down almost 60% from its all-time high of $4.85. This means that investors who buy WIF are now getting a massive discount. Due to the following reasons, the meme coin could reach new highs in 2024 and 2025, making it a profitable investment in June.
Bonk (BONK)
Bonk is the second largest coin in the Solana ecosystem. It has a market capitalization of $1.43 billion and trades at $0.000021. The project draws liquidity from its burning mechanism, with a maximum supply of 93 trillion tokens and nearly 68 trillion in circulation.
The token was introduced via an airdrop to the Solana community in December 2024. It was the first meme coin to launch on the Solana blockchain. Beyond its burn mechanic, Bonk’s value depends heavily on its community.
As a highly speculative crypto, investors should expect volatility. Bonk has lost 55% of its value from the all-time high of $0.000047 reached on March 4, 2024.
MEME BOOK (BOME)
Still on the Solana Blockchain, the MEME BOOK stands out as a leading coin. It was launched in March 2024, attracting the attention of crypto enthusiasts with a focus on memes.
The project bills itself as the ultimate meme library offering long-term storage on the blockchain. It provides users with tools to create memes.
His association with the Solana The ecosystem has given the token a head start. This triggered a massive price increase and some investors reportedly made huge profits.
After exploding to its ATH of $0.028 shortly after launch, BOME lost value before stabilizing around $0.01. However, market headwinds this week pushed the meme coin lower to $0.0089. Although it is trading 940% above its all-time low of $0.000858, BOME is a meme coin with long-term holding potential.
Related Articles
✓ Share:
John is a seasoned crypto expert renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Forecast Editor for Market Content at CoinGape Media, he is dedicated to providing valuable insights into price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding On-Chain Data Analytics, Non-Fungible Tokens (NFT), Decentralized Finance (DeFi), Centralized Finance (CeFi) and the dynamic landscape of the metaverse. Through his constant reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.
The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.