The good times continue to roll for crypto investors as we enter another week of bullish conditions. Bitcoin (BTC) has set an all-time high and then some and as we all know, what is good for Bitcoin is going to be good for the whole market. Now that BTC has hit an all-time record high, profit-taking will surely follow soon.
For those not familiar with this process, historically, once Bitcoin pumps, and especially when it hits an all-time high, investors tend to cash out and reinvest their profits in altcoins. This year meme coins will likely be the top choices for those looking to reinvest. We found the coins with the most millionaire-making potential and they are as follows:
- Smog Token (SMOG)
- Sponge V2 ($SPONGEV2)
- Scotty the AI (SCOTTY)
- Peen Token (PEEN)
- Frog Wif Hat (FWIF)
- Pikamoon (PIKA)
Let’s get into what gives these projects so much potential.
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Smog Token- Leading the charge to be Solana’s next millionaire meme coin
A notable change over the last couple of years is how the Solana network has started to churn out the biggest gainers in the meme coin sector. Smog Token (SMOG) is the latest on a list that includes Bonk Coin (BONK) that could pump enough to make investors millionaires.
We are a little over a month since its launch and already, the coin has pumped by almost 500%. This is huge, considering the best is yet to come. The main element of Smog Token will be its huge airdrop events that will come down the line.
However, there is plenty for investors to do in the meantime. A massive 35% of the total allocation of SMOG is dedicated to airdrop rewards so investors can position themselves to earn the most of these rewards by completing daily tasks on Zealy and earning points. The more points they earn the more rewards they will get.
Sponge V2- A stake-to-bridge system will help this meme coin reach record highs
The people behind the Sponge V2 ($SPONGEV2) token are certainly demonstrating a supreme knowledge of the meme coin market. Their stake-to-bridge system will likely be adopted by many projects to come as it helps them build on the success of their meme coin last year; Sponge Token ($SPONGE)
One of the stars of 2023, Sponge Token, has the disadvantage of launching during the worst bearish conditions of last year. Despite this, it still managed to pump by hundreds of percent and grow a massive online following. This will be the foundation that Sponge V2 is hoping to build on.
If investors wish to get a piece of Sponge V2, they will first need to buy and stake Sponge Token, when they do so, an equivalent amount of Sponge V2 is also purchased. Once the total allocation of $SPONGE is sold out, they will then be able to claim their $SPONGEV2 and their rewards for staking.
Scotty the AI- The meme coin guard dog built to protect investors
While most dog meme coins exist for aesthetics only, that is certainly not the case for Scotty the AI (SCOTTY). While the Scottish terrier is just as fun a meme coin as Dogecoin or Shiba Inu, it has a lot more utility than its meme coin rivals.
While AI has been a fantastic development for the meme coin market, no projects have been using the technology for security. It is important to realize that while AI is great for the market, it will, unfortunately be a new tool for scammers and other wrongdoers. This is why a project like Scotty the AI is so important.
Its main features can be divided into two sections Scotty Swap and Scotty Chat. The former is a token exchange that fully takes advantage of AI’s capabilities by delivering a streamlined trading experience. Scotty Chat is where the guard dog nature of the project really comes out. A chatbot will act as a companion giving investors cutting-edge market data and, most importantly, security.
Peen Token- A meme coin that brings out the investor’s inner teenager
Sometimes with meme coins, projects make things too complicated. Of course, utility is great but there is room for more than one kind of meme coin in the market. Peen Token (PEEN) is a throwback project that embraces the immaturity that meme coin investors love.
Hoping to explode (excuse the pun) in price and market cap size, this is a very simple project that wants to embrace the simplicity of the meme coin market. Sometimes a joke can be all a project needs to be a success and we think this is the joke investors will love.
Frog Wif Hat- Another meme coin that is committed to virality and pumping
We have already mentioned how valuable it is to meme coins to be on the Solana network these days. Well, Frog Wif Hat (FWIF) is another meme coin that falls under this banner and it hopes to be as successful as its hat brother, Dog Wif Hat (WIF).
With no coins allocated to marketing or future projects, this is another real throwback coin that only cares about going viral and pumping in price. Another Frog meme, Frog Wif Hat can normally be seen with a baguette and a glass of wine and an annoyed look on his face. As you may have guessed, this frog is as French as it comes and it wants to pump as much as it wants to avoid talking to Americans.
Pikamoon- This P2E game and meme coin crossover is ready to explode
There are many ways we think a meme coin can stand out from the crowd. Adding the utility of a P2E game is a good start. Taking inspiration from one of the most popular traditional games of all time is an even better move. That is what Pikamoon (PIKA) has done with their project.
Inspired by Pokemon, players will be able to mint their own NFT sidekick to accompany them through the Pikamoon universe. Instead of winning badges and collecting Pokemon, however, players will be able to earn PIKA by completing tasks and battling against other gamers.
Conclusion
With conditions as good as they have ever been for the crypto market, we are ready to see some meme coin projects pump enough to make investors millionaires. The difficult part is finding which ones. We think the above piece contains the most likely coins to make investor’s dreams come through, as they all have the blueprint of projects ready to pump.