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The crypto market is on the verge of concluding the month of June on a bearish note, highlighting a rising bearish sentiment in the crypto space. Moreover, top tokens have entered into a consolidated phase, suggesting uncertainty in future price action.
However, mid-cap and low-cap memecoins have gained significant attention from the cryptocurrency market over the past few days, indicating a switch of interest among investors towards these memecoins to maximize their profits in the short-term prospect.
Let’s go, as in this article, we have covered the top 5 memecoins that have the potential to dominate the cryptocurrency market during the upcoming month.
BABYTRUMP (BABYTRUMP):
Built on the Solana chain, the BabyTrump is the latest release of the Trump-themed digital cryptocurrencies. Designed to integrate the world of memes with the robustness of blockchain technology.
With a trading price of $0.007829 and a circulating supply of 1.6 Billion BABYTRUMP tokens, this memecoin has secured the 3,725th position in the global crypto-list with a self-reported market capitalization of $12.59 Million.
Notably, the memecoin has jumped 34.31% within the past 24 hours with a change of -061% in its trading volume. Moreover, it has surged 11,814.85% within the past seven days and has added 9,612.32% to its portfolio since its inception.
Mother Iggy (MOTHER):
This Solana-based memecoin has gained significant attention from the cryptocurrency market over the past few days by recording a massive price surge within a short period.
Positively, the MOTHER price has surged 277.46% over the past month. With a market cap of $59.79 Million, this memecoin has secured the 2,556th position with a circulating supply of 990 Million MOTHER tokens.
SOL ETF (SOLETF):
With the rebound in the price of Solana crypto and the rising speculations of the Solana ETF, SOL-based tokens have recorded increased price action. SOL ETF (SOLETF) is one such project with the slogan “The fun way of Financial Freedom.”
The SOLETF price has recorded a jump of 125.70% within the past 24 hours with a change of -2.27% in its trading volume. Moreover, the memecoin has surged 378.55% since its launch, highlighting a strong bullish outlook during the upcoming time.
At the time of writing, the SOLETF had a circulating supply of 42,000 T SOLETF tokens. With a trading price of $0.000000000007484 and a market capitalization of $321,163 thousand, this memecoin currently stands at 3,510th position in the global cryptocurrency market list.
Hoppy (HOPPY):
Based on the famous book “The Night Riders” which was published in 2012 by artist and illustrator Matt Furie. The Hoppy is an anthropomorphic Frog character and one of the few characters of Matt, that can truly be considered unique.
Despite recording a correction of approximately 26% within the past 24 hours, the Hoppy memecoin has surged 27.83% within the past seven days and has recorded a 10X surge since its inception. Further, with a market cap of $32.53 Million, the Hoppy price has secured the 658th position.
WHY (WHY):
Built on the Binance Smart Chain (BEP20), the WHY project is a bipolar elephant, rampage, after FOMO. it is a playful token inspired by the memes of the internet and has gained a significant following following its launch.
With a trading price of $0.0000001349, and a circulating supply of 420 T WHY tokens, it has secured the 508th position in the memecoin category with a market capitalization of $56.66 Million.
The WHY memecoin has added 7.14% in valuation within the past 24 hours and 26.33% over the past week. Furthermore, the WHY price has surged 619.01% since its launch, indicating a strong bullish sentiment for the WHY crypto in the market.
#PriceAnalysis #Altcoins [Source: Coinpedia]