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Solana’s meme coin market is thriving, with new entries constantly being added to the growing ecosystem.
Whether Solana-based projects have been listed on a DEX or CEX or are still in the pre-sale phase, Solana-based projects have garnered tremendous attention while the Ethereum chain has been relatively quiet as ETH/BTC continues to bleed and SOL/ETH falls. It is common to see companies attracting capital. It has been showing an increase since January 2023.
If so, here are 10 of the best Solana meme coins you can consider buying or adding to your watchlist in May 2024.
Solana’s Best Meme Coins
Each of these Solana-based cryptocurrencies is either well-known or is quickly making a name for itself in the Solana meme coin sector. Here’s why:
SEAL (SEAL)
SEALANA (SEAL) is a new meme coin based on Solana’s network. The project recently launched pre-sale on Solana as the first seal-based meme coin and quickly captured the attention of cryptocurrency investors.
Like Dogecoin, Sealana is a full-blown meme coin with no utility or promises of huge returns.
This is a meme coin for its own sake, making it similar to several other meme coins that have been released recently to great success.
In a sense, this project represents an obsession with constantly seeking out new opportunities, to the point where even one’s own health is forgotten and replaced by ‘vendor’s chips and canned tuna’.
While it is a new Solana meme coin, its existence is also partly a critique of the cryptocurrency industry’s obsession with new opportunities and chasing white whales.
A cryptocurrency analyst from the YouTube channel 99Bitcoins recently covered the new Solana meme token, speculating that the token could explode with the expected rise in Solana’s price.
Slotana (SLOTH)
Slotthana is a sloth-based cryptocurrency that emerged during the ongoing conflict between cat-based meme coins and dog-based meme coins.
The project has established itself as a fun and lazy (in a good, fun way) cryptocurrency and a true meme coin, as it does not promise any utility or huge income.
A fun cryptocurrency based on funny animals for some light fun. But this may be just what the meme coin sector needs.
Slotthana distributed its tokens via airdrop on May 1st and has been on the rise since May 9th with several CEX listings including Poloniex and XT.com.
Check out the latest SLOTH price charts from DEXTools and DEXScreener.
Watch Slothana carefully. X Stay tuned for further updates on new listings and other project updates.
SMOG
Smog is a meme coin based on Solana that decided not to use dogs or cats as the face of the project.
Instead, this is a dragon-based meme coin that could earn you huge profits, as many people may purchase this meme coin simply for good luck, as 2024 is celebrated as the Year of the Dragon.
But even if you don’t believe dragons signify a lucky investment in 2024, SMOG is still worth considering as it’s offering a 10% discount.
Additionally, anyone who purchases SMOG can stake it and receive rewards by owning the tokens and keeping them locked.
Smog is also currently organizing community events. We recently conducted our first major airdrop and the Season 2 Community Quest is currently live.
To participate in these events and receive more rewards, investors must purchase SMOG and stake it. This is how you get XP.
Earning XP is a condition of participation. It is still possible to join SMOG or simply buy it and wait for the price to rise. Cryptonews, a cryptocurrency YouTuber mentioned, believes that SMOG has the potential to reach $1 in 2024.
WEN
Cat-based meme coins have become a huge trend in the meme coin sector recently, and Wen is one of the biggest and cutest coins around.
It is the first community coin based on fractional NFT.
Essentially, the project community splits @weremeow’s poem ‘A Love Letter to the One Brothers’ into one trillion pieces and trades each for regular tokens on Solana.
However, owning just one poem is enough to make one a partial owner of the poem.
Beyond that, WEN also has plans to push the boundaries of Solana.
To date, this makes it the first community coin based on fractional NFTs, the first official launch on Jupiter DEX’s LFT Launchpad, and the first NFT issued on the WNS NFT standard.
The project has done a lot for a cryptocurrency that was launched in late January 2024, so many expect it to become one of the leading cat coins once the market recovers and the bulls are able to dominate it once again. .
Dog We Pot (WIF)
Seeing the success of Dogecoin over the past few years, many meme coins have been released. In a much more competitive market, they decided they couldn’t afford to be ‘just a meme coin’.
Instead, they did things like introduce DeFi features like staking, emerge as symbols for something, or come up with unique new technologies.
But Dogwifehat claims otherwise.
Instead, it is simply and literally ‘just a dog in a hat’.
That’s all it is, and thus perfectly embodies the spirit of the original Dogecoin, which emerged as a fun meme-based cryptocurrency in 2013.
But that’s not to say that Dogwifehat has nothing to offer. Conversely, we’re currently developing a WIF Hat Generator so community members can create their own WIF Hat memes and take the fun to the next level.
Cat weep bag (BAG)
Catwifbag originally emerged as a sister project to Dogwifhat after the person behind the Dogwifhat meme created this meme coin.
The project’s creator is an Instagram user named ma_babezz, who posted a photo of a cat with a bag on its head about a week after the original Dogwifhat post.
This marked the birth of the Catwifbag meme and the project itself.
But Catwifbag, like Dogwifhat, is doing its best to become a meme, and its roadmap consists of simply meowing throughout the three stages of development.
The project is designed to be a fun cryptocurrency and has already attracted over 13.42 thousand holders as of this writing.
BAG isn’t the biggest or most popular meme coin, but it’s still in its infancy as it’s only been around for a few weeks, so it has plenty of time to grow.
SLERF
SLERF is another sloth-based meme coin, in fact older than the aforementioned Slotthana.
It emerged with the vision of a fun and attractive meme coin. But what really put it on the map and captured the attention of investors was an accident that occurred on the project’s launch day.
The project’s developers accidentally burned $10 million worth of SLERF tokens that were scheduled to be airdropped to pre-sale buyers.
Instead of going to the 25,000 pre-sale participants, they were permanently locked in a smart contract that could never be extracted.
However, the developer’s response to the error fascinated the community, promising refunds to anyone who did not receive tokens due to the error.
Meanwhile, the publicity the project received as a result of the incident made it explode anyway, and SLERF is now one of the most popular cryptocurrencies on Solana, often ranking high on trending lists.
Keaton Haimer (KHAI)
Kitten Haimer is one of the recently released cat-based meme coins. Its goal is to protect the cat community and embody a spirit of vigilance in all its efforts.
This project emerged in response to the dominance of dog coins at a time when cat coins, which had previously been a minority, were being separated and scattered.
Kitten Haimer represents part of the rallying point that seeks to unite all cat coins against dog coins and revolutionize this segment of the meme coin sector.
Of course, the project still emphasizes that it was designed with simplicity, accessibility, and security in mind, but that’s just for memes.
In other words, it may be a meme, but it still takes something seriously. The most important idea is to provide a seamless cryptocurrency experience for everyone, whether you are an expert or a beginner who is experiencing crypto for the first time.
DOGEVERSE
Dogeverse is a new dog-based meme coin that stands out for being the first multichain meme coin.
Currently, the new DOGEVERSE project is still in the pre-sale phase. The token is set to run on Ethereum, BNB Chain, Polygon, Avalanche, Base, and Solana.
By running on six chains simultaneously, DOGE20 allows users to transfer funds between chains quickly and easily.
You can also stake your tokens and earn passive rewards. Pre-sales began on April 8 and were a quick success, raising more than $15 million in the first six weeks.
Interested investors can purchase DOGEVERSE in exchange for ETH, USDT, BNB, MATIC, BASE or AVAX. Alternatively, you can purchase with fiat currency using your credit or debit card.
Commenting on the project recently, Jacob Crypto Bury, a cryptocurrency YouTuber with 37,000 subscribers, believes Dogeverse has 100x the potential.
Winner AI (WAI)
WienerAI is a new meme coin based on Ethereum, not Solana. However, as a hot new project, it might be on your watchlist.
WienerAI is a project that combines dogs, sausages, and AI into something new and innovative that pushes the boundaries not only of meme coins, but of cryptocurrency projects in general.
Thanks to its technology, the project serves as everyone’s personal and innovative AI trading partner with unparalleled capabilities.
It opens the door to enhanced trading powered by AI, enabling seamless swaps without fees. It’s also designed so that you can easily update your skills at any time.
That way, it can continue to evolve in line with new trends and market changes rather than being locked into a single form forever like other cryptocurrencies.
WienerAI also emphasizes its focus on community and loyalty. If you’re interested, it’s currently on pre-sale as of early May so you can become an early supporter and user.
conclusion
The meme coin sector is one of the most popular and popular sectors in the cryptocurrency industry.
While Ethereum’s meme coins have dominated the industry for the past few years, Solana is now emerging as a challenger as the meme coin sector grows stronger by the day.
Most of these cryptocurrencies are currently experiencing price declines, but this is most likely a result of the prevailing market-wide bearish trend. Some people may use this to buy meme coins at lower prices, while others may find it prudent to wait until the recovery begins.
Whatever you do, keep an eye out for the best Solana meme coins. That’s because it’s so popular that it’s likely to return at some point in the future.
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