Myro has continued to take the meme coin world by storm, climbing over 50% today and recently making a new all-time high.
But after rendering 50x gains since November, traders are eagerly searching for the Solana meme coin that could pump next.
Myro Outpaces Market and Hits $200M Valuation
While most of the crypto market remains in a tight range, Myro has enjoyed a long lead, currently up over 50% in the last 24 hours, and over 130% this week.
Currently priced at $0.22, Myro is trading at its highest-ever price, stoking community interest and propelling it to the number 2 spot on CoinMarketCap’s trending list for the second time this week.
The price also surged earlier this week, peaking at $0.17. But after a short-lived pullback to $0.1, Myro has doubled, garnering a $200 million market cap along the way.
This puts Myro as the 232nd largest cryptocurrency by market cap. Meanwhile, it is the 74th largest by 24-hour trading volume after accruing $78 million in 24 hours.
Myro’s recent pump has catapulted it above BSC’s largest meme coin, Baby Doge Coin, a notable feat considering Myro is just Solana’s third-largest meme crypto.
Due to its recent pump, Myro is now the eighth largest meme coin by market cap, standing above other renowned players like Shiba Inu’s Bone ShibaSwap and Avalanche’s premier meme coin, Coq Inu.
The growth of Myro is primarily attributed to the thriving activity on the Solana network. Thanks to its low transaction fees and a relatively streamlined user experience, Solana has seen a growing user base in recent weeks.
Data from Theblock shows Solana’s network activity is at its highest rate since October 2022.
This draws liquidity, enabling meme coins like Bonk, Dogwifhat, and Myro to outpace projects on other chains.
But with that in mind, traders are now seeking alternative Solana-based meme coins that could explode next. Let’s examine the top contenders showing 10-50x potential.
Which Solana Meme Coins Could Explode Next?
Outside of Solana’s top three meme coins (Bonk, Dogwifhat, and Myro), next up is Samoyedcoin. This project is one of Solana’s oldest meme coins, launching amid the explosive rise of Solana and meme coins in 2021.
It peaked at a $718 million market cap in 2021 but has begun making a resurgence in recent weeks as Solana meme coins pick up.
The project is a dog-inspired meme coin aiming to “Accelerate the adoption, development, and growth of the Solana ecosystem.”
Given its history and current low price, Samoyedcoin undoubtedly holds strong potential.
However, another upcoming project is POPCAT; this token is up 76% in 24 hours and 270% this week, even outpacing Myro. Nevertheless, it holds tremendous upside potential with a market cap of just $34 million.
There is no utility behind POPCAT, with its roadmap simply stating “PUMP, PUMP, PUMP, PUMP…”
However, one of the catalysts behind Myro’s recent pump is its notable utility. The project features a built-in trading bot, enabling investors to quickly snipe new tokens on the Solana blockchain.
This indicates that utility can be a crucial component of success even for meme coins. With that in mind, the highest-potential meme coin currently is Meme Kombat, a presale GambleFi token on the Ethereum network.
New Meme Coin to Watch: Meme Kombat is Backed Explode
Meme Kombat is a Play-to-Earn (P2E) meme coin with GambleFi, staking, and AI integrations, making it a hot topic across many crypto verticals.
The project lets users bet on AI-generated battles between meme coin characters using the $MK token. This provides a notable degree of utility, while it will also benefit from several narratives and a viral meme coin allure.
Meme Kombat hosts a captivating augmented battle arena where users can watch and wager on the fights from up close. It also harnesses traditional odds mechanics for a realistic and engaging gambling experience.
Another exciting feature is staking. Myro is also striving for this, but has yet to implement it. Meanwhile, Meme Kombat’s staking is live, currently offering a 134% APY, but this will decrease as the staking pool grows.
These factors have made top analysts significantly bullish on Meme Kombat, with Michael Wrubel recently speculating it could explode.
“This could be the next 100x meme gaming token,” he said.
Meme Kombat is currently undergoing a presale, meaning investors can get in from the ground up before it launches on exchanges.
It has raised $7 million so far, with a $10 million hard cap. But given the imminent rise of meme coins, this leaves little time for traders to buy the Meme Kombat presale.
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