Three Meme coins below $100 million could bring better returns than Dogecoin and Chiedog
2025-01-18 16:19
The frenzied trading of meme coins like Dogecoin and Shiba Inu has transformed the cryptocurrency landscape, turning these assets with little practical utility into highly desirable investment options. However, given the already high market capitalizations of Dogecoin and Shiba Inu, meme - coin investors hope that low - market - cap meme coins can perform even better and offer higher returns. Therefore, in this report, we examine three meme coins with a market capitalization of less than $100 million, which may bring higher returns compared to Dogecoin and Shiba Inu.
MYRO: A Promising Addition to the Meme Coin Ranks
The MYRO meme coin has gained significant popularity on the Solana blockchain. It quickly became a favorite among investors, and after listing on Binance perps, its market capitalization rose above $400 million. However, since then, MYRO has been one of the worst - performing meme coins, eventually dropping below a $100 - million market cap. At the time of writing, it is currently just under $60 million. This decline over the past few months has made it one of the meme coins that could potentially experience a significant rebound.
According to data from CoinGecko, MYRO is 87% below its all - time high of $0.44. This means that a recovery to the peak would imply nearly a 10 - fold increase. Compared to Dogecoin and Shiba Inu, which have a market capitalization of $1 billion, this gives MYRO a higher upside potential.
Kekius Maxiumus: Joining the Ranks of Dogecoin and Shiba Inu
Kekius Maxiumus is another meme coin with great potential. On this list, it is the only meme token backed by a billionaire. After the launch of the meme coin in December 2024, Elon Musk changed his X profile picture, and the price of the Kekius Maxiumus mascot skyrocketed.
This places Kekius Maxiumus in the same league as Dogecoin, which has received public support from Elon Musk. Although the meme coin has plummeted 80.8% from its all - time high of $0.4011 since Musk changed his X avatar, it is one of the meme coins that could potentially rebound ten - fold from here, especially if Musk shows public support again.
Creating Solana Meme Coins with SLERF
The SLERF meme coin is one of the many meme coins that emerged from the legendary Solana rally in 2024. However, since then, SLERF has experienced some ups and downs and eventually dropped below a $100 - million market cap. However, all hope may not be lost for this rapidly - rising coin.
As early as November, the SLERF token was listed on Binance perps, causing it to surge by over 40% in a single day. Currently, the price of the meme coin is 87.6% below its all - time high of $1.30, and a return to the peak could mean a ten - fold increase. With the support of trading volume on Binance Perps, this could be one of the meme coins that eventually outperforms Dogecoin and Shiba Inu in this cycle.
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