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The meme coin sector appears poised for another bull run, with the usual top performers beginning to show substantial strength.
For instance, the Popcat coin reached an all-time high billion-dollar market capitalization on Tuesday before a marginal pullback.
BREAKING: SOLANA MEMECOIN $POPCAT (@POPCATSOLANA) BECOMES A BILLION-DOLLAR CAT pic.twitter.com/lRmzKWyZ0e
— DEGEN NEWS (@DegenerateNews) September 24, 2024
POPCAT won’t be the only token hitting the $1 billion mark in the coming weeks as whales are stacking meme coins in preparation for the upcoming crypto bull market. Projects like Brett, DOGS, CAT and First Neiro On Ethereum are all in high demand.
Even low-cap coins like NPC and Pepe Unchained are showing bullish momentum and could offer outsized returns.
Popcat Hits $1B Market Cap – How High Can It Go?
The Popcat coin has been one of the top-performing meme tokens since March of this year.
Despite Dogwifhat’s higher market cap, POPCAT has outperformed the top Solana meme coin since the first quarter.
For instance, the Popcat price has soared by over 30% over the past month while WIF is up by a relatively modest 4%.
Experts are confident that it will be one of the highest gainers in the coming months. A few prominent crypto traders are even expecting the meme coin to peak at $10, which could mean a nearly $10 billion valuation.
$popcat to $10 with haste
— artsch00lreject (@artsch00lreject) September 24, 2024
There is also intense speculation that Popcat could soon secure a Binance Spot listing, owing to its continued outperformance.
POPCAT is already trading on Binance Futures and is seeing an excess of $200 million daily volume, which boosts its chances of a Spot listing.
However, the Solana meme coin will face stiff competition from other projects that are also competing for a $1 billion market cap.
Which Meme Coins Will Reach $1 Billion Next?
The top Base meme coin Brett is one of the top contenders for joining the billion-dollar club.
After all, BRETT’s all-time high market stands at $1.87 billion. It would not be a surprise if the meme coin surpasses this valuation in the coming bull run, especially since it has now breached a multi-month downtrend.
$BRETT teasing a break out
Base memes about to go through roof IMO pic.twitter.com/5yBL82ABzf
— CRG (@MacroCRG) September 24, 2024
The Brett coin also has some key similarities with Popcat. For one, both are listed on Binance Futures and are top candidates for Spot listing on the exchange.
Similarly, BRETT has impressed investors with its resilience during market uncertainty and could therefore see strong growth in the next bull market.
Experts are also bullish on First Neiro On Ethereum as the next multi-billion dollar meme coin.
$Neiro @neiroethcto has potential of 5-10 billion market cap minimum this cycle imo. https://t.co/6UnGH0I0D8
— TraderSZ (@trader1sz) September 23, 2024
NEIROCTO has already recorded a 37x growth after its Binance Spot listing, with its market cap soaring from under $15 million to $540 million in just over a week.
Thanks to the strong support from the Dogecoin community, experts believe that First Neiro On Ethereum could potentially hit the $1 billion mark in October.
Smart money investors also back projects like DOGS and Simon’s Cat to reach the billion-dollar club.
After all, quantitative easing in major economies like the US and China is expected to provide a strong uptick in market liquidity, a decidedly bullish scenario for risk assets like meme coins. It won’t be a surprise if several meme projects deliver outsized returns in such an ideal backdrop.
Experts Also Bullish On Low-Caps Like NPC and Pepe Unchained
Low-cap meme coins are also in extremely high demand, especially after Binance’s surprise Spot listing of First Neiro On Ethereum.
For instance, prominent crypto trader WIZZ is extremely bullish on Non-Playable Coin (NPC).
$NPC
Is there as #4
And people still sleep on the biggest meme in the making
Keep fading. https://t.co/GVNVvr6IDq
— WIZZ
( beware scammers ) (@CryptoWizardd) September 21, 2024
Indeed, NPC has rallied by nearly 64% over the past week and now has a market capitalization of $162 million. Analysts believe that it could potentially offer 10x returns and reach the $1 billion valuation.
Meanwhile, whales are also stacking Pepe Unchained (PEPU), another low-cap gem that has surprised investors with its robust presale funding.
Indeed, PEPU has raised over $15 million in its ICO, surpassing NEIROCTO’s pre-Binance valuation.
An incredible $15M raised! 
Get warmed up for the biggest launch of this bull season! pic.twitter.com/EyDn4uzZ6z
— Pepe Unchained (@pepe_unchained) September 24, 2024
Pepe Unchained isn’t an ordinary meme coin. It is launching a native Layer-2 chain, which will offer low trading costs and instant transactions. The project is also launching the Pepe Foundation, which will offer developer grants for new meme coins to be built on the chain.
Unsurprisingly, analysts are aiming for outsized returns with PEPU, with some calling it the next 100x crypto.
Visit Pepe Unchained Presale
*Cryptonomist did not write the article or test the platform.