The memecoin trend has taken off, fueled by the success of Shiba Inu and Dogecoin. Amid the bull cycle, many new memecoins have launched successfully, riding on the wave of existing hype. However, most memecoins rely on temporary buzz and endorsements from public figures.
Recently, Solana-based memecoins have started trending, capturing the interest of traders and investors. However, finding the best memecoins among the plethora of new Solana projects can be quite challenging. In this article, we’ll share the top 5 trending Solana memecoins.
So, let’s dive in!
1. BONK
BONK is the first Solana dog-themed coin and the biggest Solana memecoin by market cap. It was created to provide a fair and fun meme coin experience. It aims to boost liquidity within the Solana ecosystem through community-driven initiatives.
BONK gained popularity through massive airdrops to the Solana community, resulting in high trading volumes and integrations across Solana’s decentralized apps.
At the time of writing, BONK is trading at approximately $0.00002296 with a market cap of over $1.58 billion. The token has seen a recent surge in value by 18% in the last seven days, with a notable increase in its market cap.
2. WaterCoin
WaterCoin is a ‘charity meme coin’ inspired by a water-themed mascot of animated glass and aims to support water conservation projects. It leverages the power of community engagement to raise awareness about environmental issues.
The Water memecoin became an overnight internet sensation after two famous football superstars, Lionel Messi, and Ronaldinho Gaúcho endorsed it on Instagram. After this promotion, the price of Water memecoin increased by around 350% in just a few hours. At the time of writing, the current price of $Water is $0.0008164 with a $72.57M overall market cap.
However, the legitimacy of Watercoin has been questionable as many people are calling scams on social media platforms.
WaterCoin is gaining traction by partnering with environmental NGOs and engaging the community through water conservation campaigns.
3. dogewifhat
Dogewifhat is a playful meme coin featuring dogs in hats, combining humor with the excitement of cryptocurrency. It focuses on creating a vibrant and engaging community.
Detailed current price and market cap information will be updated after further browsing. supported by influencers such as Ansem and Hsaka, WIF’s value skyrocketed by 40,000% within a few months, reaching a peak market cap of $4.5 billion. This achievement makes it the third-largest dog-themed token after Dogecoin and Shiba Inu, showcasing robust community backing and significant speculative interest.
At the time of writing, the WIF meme coin’s price is $1.56 with an overall market cap of $1.59 billion.
4. BOOK OF MEME (BOME)
BOOK OF MEME (BOME) is a meme coin inspired by famous internet memes. It aims to create a decentralized platform for meme creators and enthusiasts to share and monetize their content.
BOME was launched by the crypto artist Darkfarms, who is known for creating popular memes like Pepe memes.
BOME acts as a digital archive for memes, preserving meme culture by storing these digital creations on blockchain technology. It’s more than just a typical meme coin; it captures the dynamic nature of meme culture in a digital format.
At the time of writing, the current price of BOME is $0.007271 with an overall market cap of $501,942,943
BOME’s popularity stems from its unique concept of blending meme culture with cryptocurrency, attracting meme enthusiasts and creators worldwide.
5. Popcat
Popcat is a meme coin based on the viral Popcat meme, featuring a cat with a hilarious expression. It aims to provide entertainment and fun within the crypto community.
The current price of Popcat (POPCAT) is approximately $0.4526. In the last 7 days, the price has seen a slight increase of about 16.4%, with a trading volume of approximately $65.73 million.
In terms of historical performance, Popcat reached its all-time high of $0.7221 on May 4, 2024, and has since decreased by approximately 38.28%. Despite this, the memecoin has managed to garner significant attention and maintain a steady market presence, leveraging its meme culture appeal.
Popcat has gained popularity through viral marketing campaigns and meme competitions, encouraging users to share and engage with the coin.
These memecoins are making waves in the Solana ecosystem, attracting both investors and meme enthusiasts with their unique concepts and community-driven initiatives.