Roaring Kitty’s re-emergence has also electrified the crypto world – with meme coin traders looking to benefit from the speculation.
From established tokens to new presale projects, here are five meme cryptocurrencies seeing sizable gains.
1. Dogeverse (DOGEVERSE)
Dogeverse (DOGEVERSE)has been one of the biggest meme coin winners this week, thanks to its ambitious multi-chain vision and well-timed presale.
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This project aims to be a ‘cross-chain doge’ by operating on Ethereum, BNB Chain, Solana, Polygon, Base, and Avalanche simultaneously.
The premise is that holders can easily move their DOGEVERSE tokens between these chains using bridging tech – allowing them to take advantage of opportunities as they see fit.
And this premise has piqued the interest of meme coin traders.
Over $15 million has been raised in Dogeverse’s presale phase, which is offering one final chance for traders to buy tokens at the low price of $0.00031.With staking rewards set at 56% APY and crypto whales reportedly getting involved, Dogeverse looks to be on the right path – making it an intriguing token to watch.
2. GameStop (GME)
The GameStop (GME) meme coin, which pays homage to the infamous meme stock of the same name, is roaring back to life in a major way.
Launched in January, GME had a short time in the spotlight before fading into obscurity. But with the recent buzz around GameStop’s stock reigniting, the crypto version has come along for the ride.
GME’s price has surged over 2,000% in the past week as meme traders pile in.
With spot volumes topping $175 million, it’s now the 8th most traded meme coin in the world – despite having no utility.
The coin’s entire value proposition rests on capturing hype around GameStop and capitalising on speculative buying. Whether that can be sustained is anyone’s guess, but for now, GME is clearly capturing the attention of the ‘degen’ crowd.
3. Sealana (SEAL)
The new Sealana (SEAL)token on Solana has also performed well lately. This ‘pure’ meme coin centered around a chubby seal character has captured retail investors’ attention – and their funds. Sealana’s ongoing presale has raised over $1.2 million so far, with investors able to scoop up SEAL tokens at $0.022 each.
Even though SEAL has no utility or use case, this hasn’t stopped investors from piling in, driven by the token’s hilarious branding. Furthermore, as recent meme coin success stories like dogwifhat (WIF) have shown, use cases aren’t necessary to produce eye-catching returns. And Sealana’s team seems to understand this dynamic.
With over 3,800 people now part of Sealana’s Telegram channel, the community is multiplying – setting the stage for SEAL’s first DEX listing in the coming weeks.
4. Pepe (PEPE)
Pepe (PEPE) is also making waves in the meme coin space this week. This frog-themed token hit a new all-time high of $0.0000114 on Wednesday morning. And this isn’t a one-off rally either – PEPE broke through its previous all-time high on Monday as trading volumes soared.
Over the past 24 hours, an incredible $2.4 billion worth of PEPE has changed hands, making it the 7th most traded cryptocurrency in the world.
Like the other coins on our list, PEPE’s rally is driven purely by hype rather than any fundamental updates from the development team. But with a market cap now over $4.4 billion, PEPE is quickly becoming a “blue-chip” pick for those seeking exposure to meme coin volatility.
5. WienerAI (WAI)
Rounding off our list of top meme coin gainers right now is WienerAI (WAI).This hilarious project pairs an AI-powered trading bot with dog-themed branding that’s both crude and ingenious. Despite its comedic nature, WienerAI has performed exceptionally well recently.
WienerAI’s presale has raised over $1.9 million as investors clamour to get their hands on WAI before the token hits the open market.
The promise of an AI assistant that can scan the market for opportunities and execute trades seems to be a big draw. WienerAI also has a staking protocol that’s attracting investors interested in securing a passive income stream.
Finally, with AI crypto coins receiving enormous attention lately, WAI looks in a great position to capitalise on that trend.
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Content Source: economictimes.indiatimes.com