The volatility in the cryptocurrency market has displayed a significant rise over the past few days, indicating an increase in the buying and selling pressure. Moreover, following the approval of the spot Ethereum ETF, ETH-based altcoins have recorded the highest gains.
Furthermore, Ethereum-based memecoins have recorded the highest gains, indicating a switch of interest among investors toward these memecoins to maximize their profits during the upcoming bull rally.
In this article, we have covered the top 5 mid-cap and low-cap memecoins that have the potential to record a surge of up to 10X during the upcoming Bull market rally.
POOH (POOH):
The POOH project launched stealth with no pre-sale, 0 taxes, locked 95% of its maximum supply on Uniswap, and burned the keys. With only 5% allocated to the centralized exchange listings. With a primary goal to grow organically, the Pooh gives everyone an equal chance to own POOH tokens.
Positively, the POOH price has added 22.06% within the past 24 hours and 119.20% over the past seven days. With a circulating supply of 4.2 Trillion POOH tokens and a market cap of $19.47 Million, the Pooh price has successfully secured the 941st spot in the global crypto market list.
Furthermore, the price has added 546.79% since the year started, highlighting a positive outlook for the memecoin in the coming time. This makes it a top pick for the long-term perspective.
Mog Coin (MOG):
Mog Coin is a community-driven memecoin launched in July 2023. With a primary goal of building a user-friendly community by making memes and being silly, the MOG project has gained significant attention from the crypto market over the past few months.
At the time of writing, the price of the MOG coin token was $0.00000104 and was trading at a discount of approximately 20% from its previous all-time high (ATH). Moreover, it has surged 60.51% within the past seven days and 67.95% over the past 30 days.
With a YTD return of 2,109%, the MOG Coin has a market cap of $406.057 Million. Moreover, it has a circulating supply of 390.57 Trillion tokens and a maximum supply of 420.69 Trillion MOG tokens, making it a top pick for the coming memecoin mania.
Popcat (SOL) (POPCAT):
A cryptocurrency project inspired by a viral internet meme featuring a domestic short-hared cat named Oatmeal which went viral in October 2020. The meme featured 2 images of the cat, where one image showed a closed mouth and the other was edited in order to form an “O” shape with its mouth.
The POPCAT price has recorded a jump of approximately 17% within the past day. Despite experiencing a neutral trend within the past week, it has surged 38.42% over the past 30 days, indicating a strong bullish price action for the altcoin during the upcoming bull rally.
With a Year-to-Date (YTD) return of 5,133%, the Popcat (SOL) price has successfully claimed the spot in the top 12 memecoin by market capitalization. Moreover, with a market cap of $451.5 Million, this memecoin hints at a bullish outlook during the coming time.
Samoyedcoin (SAMO):
Built on the Solana blockchain during the Solana memecoin rally in 2021, the Samoyedcoin was born to promote, educate and support the Solana ecosystem.
With an intent to experiment with the potential of modern-day culture and underlying blockchain, the SAMO token evolved from memecoin to an experimental Web3 community coin.
The SAMO price has added 73.66% within the past day and 77.66% over the past seven days. Furthermore, it surged 78.53% within the past 30 days with a circulating supply of 6.65 Billion SAMO tokens.
Moreover, with a market cap of $54.711 Million, it has secured the 629th place in the global crypto market list. The Samoyedcoin price has an ATH of $0.246 and is currently trading at a discount of 93.58%. Positively, it has added 1,273% from its ATL.
KiboShib (KIBSHI):
Built on the Ethereum Contract, the KIBSHI token is the first Artificial Intelligence (AI) generated memecoin. Started as a joke, this memecoin is a result of Dogecoin (DOGE) and Shiba Inu (SHIB). Its native token KIBSHI is used for buying and selling services in the KiboShib Community.
With a market capitalization of $14.176 Million and a circulating supply of 1.00 Trillion tokens, KiboShib’s native token has successfully claimed the 1,046th position in the global crypto market list.
Positively, it has added 51.65% this week and 91.24% over the past 30 days. Furthermore, with a Year-to-Date (YTD) return of 1,231%, making it a top pick for this list.
Conclusion:
With the approval of the spot Ethereum ETF the crypto market has entered into a new bull market. Moreover, the consolidation of the Bitcoin price around the $68,000 level, highlights a switch of interest among investors toward memecoins.
Note: Investing in memecoins is highly risky as it is known to constantly record a dump-and-dump-like situation in the crypto market. Make sure to “DYOR” before investing in any memecoins as the market volatility is on a constant rise.
This article is not subjected to financial advice and is made for research purposes only. Tokens selected for this article are selected based on their historic market sentiments and social sentiments and are not subjected to promotion in any manner.
