Cryptocurrencies like Dogecoin and Shiba Inu have changed the cryptocurrency landscape with crazy runs, making these little to no interest assets become a highly desirable means of investment. However, with the market caps of Dogecoin and Shiba Inu already rising, meme investors are looking to lower-cap meme coins with the potential to rise and generate better returns. Hence, in this report, we take a look at three meme coins that are still below the $100 million market cap mark and that could hold the promise of higher returns compared to Dogecoin and Shiba Inu.
MYRO joins the meme coins with potential
The MYRO meme coin has made a name for itself on the Solana blockchain, following the success of its ilk Bonk. The meme quickly became a favorite among investors, as its market value rose to more than $400 million after it was registered on the Binance perps list.
However, since then, MYRO has been among some of the worst-performing memecoins, eventually falling below $100 million in market cap and now sitting just under $60 million at the time of this writing. However, this decline over the past few months has placed it among the meme currencies that could rise strongly after a bounce.
According to CoinGecko DataMYRO is 87% below its all-time high of $0.44. This means that a return to the highs would mean approximately 10x more. This gives it higher upside potential compared to the likes of Dogecoin and Shiba Inu with market caps of $1 billion.
Kekius Maxiumus joins the ranks of Dogecoin and Shiba Inu
Kekius Maxiumus is another meme coin with great potential and among the coins on this list, it is the only one to have backing from a billionaire. Elon Musk. After launching the meme coin in December 2024, Elon Musk He changed his profile picture to the Kekius Maxiumus Amulet, causing the price to rise in response.
This puts Kekius Maxiumus in line with the likes of Dogecoin, which has received public support from Elon Musk. Although the meme coin has since collapsed 80.8% from its all-time high of $0.4011 after Musk changed his profile picture Musk showed public support for once again.
Solana Meme Turns Coins with SLERF
The SLERF meme coin is one of many coins that rose to prominence during the legendary Solana period of 2024. Since then, SLERF has seen some twists and turns, and its market capitalization ended up falling below $100 million. However, all hope for this rapid rise may not be lost.
Last November, the SLERF token was listed on Binance perps, causing it to rise more than 40% in a single day. Currently, the meme is 87.6% below its all-time high of $1.30, offering a potential 10x upside if it returns to its peak. Backed by significant volume from Binance Perps, this could be one of the meme coins that eventually outperforms Dogecoin and Shiba Inu this cycle.
Featured image created with Dall.E, chart from Tradingview.com
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