Solana meme coins such as MYRO and WIF are making considerable gains in early 2024 as the crypto markets get a surge of new memes. MYRO gained over 50% in the past 24 hours, reaching a new all-time high, while WIF gained over 120% in the past week, also hitting its ATH.
While both Solana-based memes are making their way to the moon, there are others you should watch closely in the next few months. SpongeV2 and Meme Kombat are also lining up for massive gains, so let's see the current situation with these four memes from up close.
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New Memes That Will Explode In The Next few Months
The situation with MYRO and WIF is a standard outcome for most newly released memes. Most of them make significant gains first, followed by a price correction phase, and finally, with slow but steady gains over months and potentially years. In other words, if you missed your chance to invest in MYRO and WIF close to launch, doing so now will not get you the high returns you want. Instead, it's best to invest in other coins still available in presale, as you can get them at the lowest price possible before they make any gains on the market. Let's look at a couple of platforms likely to result in 100x gains by the end of the year.
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SpongeV2 - The Next High Gainer Meme Coin with Excellent Utility
SpongeV2 is a new version of one of the highest-gaining meme coins of 2023 - $SPONGE. However, due to no utility and lack of features, after making gains of over 3,000%, the $SPONGE token lost most of its value and couldn't bounce back to previous all-time highs. The devs decided to do something about that, so they developed a new token built around a Play-to-Earn game, providing the platform with much-needed utility and ensuring long-term growth.
The new version is dubbed SpongeV2, and you can only get it through a Stake-to-Bridge reward system that requires holders to buy and stake original $SPONGE tokens. After the staking period, investors will get SpongeV2 in return, but they will receive at least 40% more tokens than they staked. The new version is likely to repeat and surpass the massive gains of the original token, so invest today and watch your investments multiply throughout the year.
Meme Kombat - Unique Meme Coin Combining Features of Multiple Growing Industries
Meme Kombat is another emerging meme coin that's likely to result in massive gains by the end of the year. The platform combines features of online casinos, gaming, and crypto platforms, providing users with excellent token utilization and plenty of growth potential.
The game allows players to select one of 11 available online meme characters in Season 1 and put them against each other in AI-powered arena battles. All battle outcomes are made by the AI system, providing a fair and fully transparent reward system. Namely, users can earn tokens by winning battles or betting on other people's battle outcomes. The official MK token presale event raised over $7.3 million during the ongoing presale, and it's likely to become one of the highest-gaining memes of 2024.
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MYRO Reaching New All-Time Highs
Myro has taken the world by storm, and everyone wants to get their hands on the newest Solana meme coin on the market. It entered the markets in November, and if you invested early, you would have over 50x returns in mid-January 2024. The best part is that MYRO tokens keep gaining value while most other memes and altcoins have entered a downtrend.
The token gained over 50% in the past day and an impressive 130% in the last week. MYRO tokens are selling for $0.22, which is their highest-ever price. It even managed to reach the number 2 spot on CoinMarketCap's trending list two times this week. The platform is ranked as the 232nd crypto by market cap, an awe-inspiring feat for a brand-new meme coin. The recent pump launched Myro to the 8th highest-ranked meme coin by market cap, overtaking established tokens such as Shiba Inu's Bone and Coq Inu.
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Myro and Dogwifhat are Solana meme coins, and their growth is mainly due to the increased Solana activity. As Ethereum's main competitor, Solana offers lower transaction speeds and a streamlined user experience. So, let's see what's happening with WIF tokens in more detail.
WIF Surging by 130% In The Past Week Entering a Price Correction Period
Dogwifhat or WIF has also been making considerable gains in the past week. As another Solana-based meme coin, it gained traction among investors, surpassing the most optimistic expectations in a matter of days. WIF tokens entered a bullish phase on January 18, surging past the price of $0.45, a new all-time high. The token gained an impressive 250% in the past month, a sign of enormous potential. At its highest, WIF tokens had a market cap of over $450 million, almost making it to the top 100 cryptos on the market.
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However, the sudden price surge was quickly followed by a significant dip to the $0.25 - $0.30 level. The sudden downtrend is an everyday occurrence in crypto markets and usually comes after substantial gains and increased trading volumes. The meme coin frenzy of early January has died, but things will turn around again in the upcoming months. That said, it will take some time before WIF tokens return to an uptrend, but on the positive side, you can get them at a lower price to enjoy higher returns.
Wrapping Up
Meme coin markets are showing signs of massive growth early in 2024, and if the current trend continues, token holders are likely to get some genuinely incredible returns by the end of the year. Coins like MYRO and WIF will likely gain, but their potential can't compare to emerging platforms like SpongeV2 and Meme Kombat. Visit the official sites today and invest in SPONGEV2 and MK tokens to get the highest returns after they go live later this year. Good luck!
