The crypto market is quite lively lately: Hong Kong approving Bitcoin and Ethereum ETFs, the US approving Ethereum ETFs—and Solana is expected soon!—not forgetting the most recent Bitcoin halving.
There are plenty of movements to excite those who have their eye on this digital universe.
In times like these, which we could call crypto-bull —or even crypto spring, in counterpoint to the dreaded winter—, there are various strategies to position yourself in this market. But, beyond thinking about strategies, it is also worth keeping an eye on some specific projects. If they are cheap to acquire, much better. Don't be surprised by the fact that they are meme coins, find out more about the projects and take advantage of potential opportunities!
Below, we list seven projects that do not reach $1 per unit and that, taking advantage of the good news in the current market, could skyrocket. Before continuing, it is important to state that the data collected refers to the movements of May 23, 2024 and that, just to facilitate the calculation, we use 1 dollar instead of 1 real as a reference. Let's go there!
Dogecoin: the biggest meme in the world
Created in December 2013 from a fork of Litecoin, this project with the friendly face of a Shiba Inu dog attracts many eyes wherever it goes. In recent years, in addition to having appeared in Elon Musk's quotes on X (formerly Twitter) as his favorite cryptocurrency, it has begun to be accepted in certain places.
With a pleasant image that attracts so many eyes, Dogecoin is one of the ten largest cryptocurrencies in the world in market value and has a price of less than 1 dollar:
Shiba Inu: Doge's younger sister
This project is much more recent than Dogecoin, but we can call it the younger sister because both are inspired by the same image of the Japanese dog Shiba Inu. Here, the project started in August 2020 on the Ethereum blockchain network. In addition to being able to acquire its units on exchanges, you can also find this crypto on its own DEX, whose name is ShibaSwap.
Although less often, it was also cited by Elon Musk and also received praise from the creator of Ethereum, Vitalik Buterin.
Currently, its price is very far from the US dollar:
Mog Coin: meme raised to its maximum power
Ah, if it were possible to ride the wave of memes and other content that goes viral on the internet... Well, if we are not talking about likes and comments, but about some crypto project, in fact it is possible: with Mog Coin, a digital currency that literally started as a meme in a group of friends in 2023, this is possible.
There is no concrete definition of Mog Coin beyond "the meme currency of memes." It may seem strange to say it, but it is because the objective of this project is precisely to serve as the basis for this content. What is striking is that, unlike a simply open forum, blockchain technology comes into play to ensure the reliability of the records and promote technological updates in the project itself.
In reality, the current effect is more communal than in the price - which is still very far from 1 US dollar - but that is precisely why the potential is on the table:
Pepe: the nostalgic and billionaire toad
In the early 2000s, when memes were perhaps not yet known by this name, the figure of Pepe the Frog was already quite popular. In honor of this nostalgic figure, this project was created in the 2020s within the Ethereum blockchain network.
The three specific characteristics that draw attention to this crypto are: it has an internal policy of not having fees, it has a token redistribution system on the network that benefits stakers in the long run term and has a unit burning mechanism (which makes it a deflationary cryptocurrency).
And why "billionaire toad"? Well, this project currently has a market value of over $5 billion.
Adding all this together, it makes it into this list because it is still very far from 1 dollar:
Floki: The various uses of the People's Crypto
The dog and Elon Musk are inseparably linked when it comes to the Floki crypto: the name is precisely the same as that of the billionaire's Shiba Inu dog. Oh, it's worth noting that what inspired Musk to give his dog that name were the Vikings.
Don't worry, this will make sense very soon.
After starting out as a regular meme coin, Floki is a project that has diversified into various web3 possibilities, incorporating Decentralized Finance (DeFi) tools, NFTs, and even the metaverse. Another big difference is that this crypto is compatible with the ERC-20 and BEP-20 standards, which means that it is a project that not only works on the Ethereum and BNB Chain networks but also allows token transactions between them.
Also known as the People's Crypto, it has enthusiasts known as... Floki Vikings (I told you that would make sense, right?). And it has a quote quite far from 1 US dollar:
Bonk: He who arrives early, drinks fresh water
This crypto is the first dog meme coin — not from this list, but from the Solana network. Following the positive wave of other similar meme coins, such as Shiba Inu and DogeCoin, the idea of this project is to revitalize the environment of decentralized exchanges on the network where it exists.
There is no whitepaper and there is anonymity about who created this crypto, but the token is considered by enthusiasts to be the most direct means of being part of the transformations that the project is promoting.
As for the quote, it is also quite far from 1 US dollar:
Bome: recording the madness
If with Pepe it is possible to follow financial transactions involving memes, here the mission is different: Book of Meme, or simply Bome, is a cryptocurrency that, like the classic program Dirty Jobs (from the Discovery group), aims to immerse yourself in the depths of the riskiest and most volatile meme coins. To give you an idea, they have no qualms about admitting that they even look for shitcoins.
This project is on the Solana blockchain network and, through this technology that records things forever, its main objective is to be a memory book of meme culture, seeking to prevent the jewels formed in this world of internet effervescence from being lost. in the path.
Do you want to embark on this? With much less than 1 US dollar you can:
You probably already knew the first two, but: of the other five, how many did you know before reading this article? Are you going to add any to your wallet? Tell us!
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Image by VenDigitalArt, available on Freepik
