Meme coins have emerged as the best-performing sector in 2024, with the largest six tokens seeing significant gains of up to 2300% year-to-date. However, as these top meme coins have already attained multi-billion-dollar market capitalizations, their potential for further explosive growth may be limited. Investors seeking higher returns are now looking at smaller, lesser-known meme coins, which have the potential to achieve gains of 50-100x. In this context, three notable up-and-coming Base, Solana, and Ethereum meme coins are highlighted as tokens to watch in April.
One such meme coin to watch is BRETT on Base, which is dominating the meme coin landscape on the Ethereum layer-2 scaling blockchain Base. Currently priced at around $0.68, BRETT has seen a nearly 500x increase from its initial launch price on DEX. With a market cap of approximately $680 million, BRETT has the potential for further growth as meme coin mania is just beginning on Base. Investors could potentially see gains of up to 50x with BRETT, making it one of the best Base meme coins to watch in April.
On the Solana blockchain, Slothana (SLOTH) is an up-and-coming meme coin that is attempting to follow in the footsteps of the successful Slerf token. Slothana is currently conducting an airdrop presale where investors can receive 10,000 SLOTH tokens for every SOL they send to the designated wallet address. The project has raised over $6.5 million so far, generating significant hype on social media. Interested investors are advised to act quickly as the presale may not last long, and Slothana has the potential for further growth.
Another meme coin to watch is Dogecoin20 on Ethereum, a rework of the beloved Dogecoin meme coin favored by Elon Musk. Dogecoin20 offers a staking option for investors, allowing them to generate passive income. The project has already raised over $10 million and is priced at $0.00022 during the presale period. Investors are rushing to get involved in Dogecoin20, as it has the potential to see significant multiples in its valuation. With a price target of $300 million for a 10x increase or $3 billion for a 100x increase, investors are eyeing the token as a lucrative opportunity.
It is essential to note that investing in crypto, especially meme coins, is considered a high-risk asset class, and investors should exercise caution and conduct thorough research before investing. The information provided in this article is for informational purposes only and should not be considered as financial advice. Investors stand to lose all of their capital when investing in high-risk assets like meme coins. As meme coins continue to gain popularity and see significant gains, investors must stay informed and vigilant to navigate this volatile market successfully. By closely monitoring trends and developments in the meme coin sector, investors can potentially identify lucrative investment opportunities and capitalize on the growing interest in these digital assets.
