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The Solana meme coin craze has shaken the market in the past few months. Over half a dozen projects went live, and many reported gains of over 2.000%. The rally started with BONK, MYRO, and WIF and extended to other Solana meme coins. Those meme coins include SMOG, BOME, and a few others.
However, the release of new SOL-based meme coins slowed down in the past few weeks. However, projects such as Dogeverse, Slothana, and Sponge V2 are still in presale. They will go live around Dogecoin Day on April 20. So, use this final opportunity to invest early and enjoy the highest returns in the next few weeks.
Meme Coin Frenzy to Enter a New Stage Following April 20
The meme coin market became the leading crypto niche in 2024. The average gains of newly released meme coins in Q1 were over 1.300%, so it is safe to say that memes outperformed the rest of the market in 2024. Moreover, the focus of new meme coin projects has shifted to the Solana blockchain from a traditionally Ethereum-dominated market.
The sudden surge of Solana-based memes resulted in over 790% gains for the SOL token in the past year. That put a strain on the blockchain due to a significant increase in transactions. Solana is now working on upgrading its systems to improve transaction flow and smart contract capabilities. However, despite the issues with Solana, new meme coins are bound to enter the market in the next few weeks. If anything, the meme coin craze is ramping up as Bitcoin’s halving event draws nearer. Many experts are expecting further expansion of popular “joke” coins.
Out of the dozens of active meme coin presales, the ones with the most interest are built on Solana. However, the newest presale of the Dogeverse token is a bit different. It was originally built on the Ethereum blockchain but will be deployed on other chains. Thus, it will become the world’s first multi-chain meme coin. The meme coin niche is changing faster than ever. The following platforms are among the best cryptos you can invest in for the highest returns in 2024 and beyond.
Dogeverse – The First Multi-Chain Meme Coin Raising $3 Million in Days
Dogeverse is an excellent example of how meme coins evolve and improve over time. It is providing users with more value and potential than their predecessors. The world’s first multi-chain meme coin will allow the transfer of the $DOGEVERSE tokens to any of the six supported blockchains. The platform uses advanced technologies like PortalBridge and Wormhole to connect six blockchains into one versatile ecosystem.
The project is originally built on Ethereum but will get deployments on blockchains. Those blockchains are Solana, BNB Chain, Base, Avalanche, and Polygon. That gives it unprecedented flexibility and makes it easier for millions of users to buy and sell tokens. Moreover, it is built according to the best industry practices, with excellent tokenomics that ensure long-term sustainability and massive potential.
The official Dogeverse presale event went live on April 8, raising over $3 million in about 80 hours. The interest in $DOGEVERSE tokens keeps growing. Besides, the project shows that meme coins evolved much further than anyone initially thought. Apart from revolutionary multi-chain compatibility, Dogeverse offers high APYs for staking. Thus, it gives users another way of earning tokens for higher returns. The presale is among the fastest-selling events in 2024. If the current rate continues, the project will hit its $17 million market cap by the end of the month.
Slothana – New Solana-Based Meme Raised Over $10 Million in Two Weeks
Slothana is the newest Solana-based meme coin set up to explode on Dogecoin Day. It entered presale three weeks ago, raising over $10+ million in record time. The event exploded as soon as it went live, attracting new investors daily. The platform is based on a lazy office sloth who had enough of his tedious 9-to-5 job. So, he entered the crypto market to become a millionaire. His goal is to reach a market cap of $420 million. That makes sense as it will go live on 4/20.
The native $SLOTH tokens are selling like wildfire, primarily due to their affordable price. Investors get exactly 10.000 $SLOTH tokens for 1 SOL, and the price stays the same throughout the event. The presale is nearing its end. You still have a few days to invest in the next x100 Solana meme coin before the first listings. Investors will get the tokens they bought in an airdrop event a day before the listing. It will allow you to get the most out of the price explosion expected in the days to follow.
Sponge V2 – Upgraded Version of One of the Highest-Gaining Memes of 2023
Sponge V2 is another upcoming meme coin that will likely result in massive gains for all early investors. It’s an upgraded version of the existing $SPONGE token with better utility and impressive staking rewards. However, unlike other presales, investors can only obtain the V2 token by buying and staking the original $SPONGE during the event through a Stake-to-Bridge reward mechanism.
Everyone who stakes $SPONGE will get 166% in V2 after the staking period is over. Over $20 million worth of $SPONGE has already been staked, which suggests massive growth potential in the future. V2’s current price is over 7254% higher than V1’s launch price, so it’s clear that the new Sponge is on its way to the moon in 2024.
Wrapping Up
The meme coin craze is still active, and if you missed your chance to invest in previous cryptos with massive success, you can still get huge returns by investing in Dogeverse, Slothana, and Sponge in the next few days. All these memes will go live around the upcoming Bitcoin halving event, so invest early while you can and ride the next meme coin expansion in 2024.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
