As a seasoned crypto investor with a knack for identifying promising projects, I find this year’s bull market to be particularly intriguing due to the meteoric rise of memecoins. The extraordinary increases they have achieved make them an exciting space to explore. For memecoins, it’s essential to focus on those that are actively building a strong community and providing a solid foundation for future growth.
In 2021, memecoins have taken the bull market by storm, delivering extraordinary gains. To maximize success in this sector, it’s crucial to zero in on projects with a robust and dedicated community base, as they serve as a strong foundation for future expansion.
This article will describe 3 memecoins worth watching in June 2024.
Eddie Seal ($EDSE)
Marketcap: 362k USD
Eddie Seal ($EDSE) is a memecoin built on the Solana blockchain. Over the past two weeks, EDSE has experienced significant growth, boosting its market capitalization from approximately $20,000 to the current $362,000 within a short timeframe. This surge can be attributed to the project’s consistent sharing of animations and memes, an active community, and a competent team. Additionally, EDSE boasts a notable high liquidity-to-marketcap ratio. The Eddie Seal team’s approach bears resemblance to that of the successful PONKE project, which reached a valuation of over $300 million by frequently posting animations.
About $EDSE:
Tg: https://t.me/eddie_EDSE
X:
Dogwifhat ($WIF)
Marketcap: 3.5 bln USD
At the close of 2023, Dogwifhat (WIF) made its entry into the crypto world, built on the Solana blockchain. With an initial value of $0.000013, this token soon garnered attention and grew in popularity, mirroring the successes of Dogecoin and Shiba Inu. At present, technical analysis suggests a buy based on key indicators such as moving averages and MACD.
About $WIF
Tg: https://t.me/dogwifcoin
X:
SLERF ($SLERF)
Marketcap: 150 mln USD
One intriguing meme coin gaining traction among the community is Slerf. Surprisingly, before its debut, Slerf’s creator inadvertently destroyed over $10 million worth of Solana tokens. Despite this substantial mishap, the Slerf initiative sparked immense interest, reaching a market capitalization of an impressive $500 million shortly post-launch. Subsequently, the price settled down. Presently, with the price now steady, certain analysts forecast that Slerf still holds potential for additional expansion.
About $SLERF
Tg: https://t.me/slerfthesloth
X:
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2024-05-31 17:41