Everyone wants to be the lucky winner, who spends $100 on some lesser known token and gets ungodly returns. Analysts weigh in some meme coins, which have the potential to bring that kind of profits this month.
Meme coins are a highly speculative type of crypto. They rely on trends heavily, and might go up and down regardless of what is happening to the general crypto market at the moment.
No one gets surprised when an unknown token, promoted by a questionable personality like Andrew Tate, suddenly surges to gain $300 million in market cap.
In such cases you wish you knew it in advance, right? Because a mere $100 could bring you fortunes.
Is it possible to know this?
Well, no one can give you any warranty, but some experts regularly come up with the list of tokens that may return ungodly profits. "May" is the key word here.
This time, it's the analysts from Cryptonews we are talking about.
They published a list of 9 meme coins that they think could deliver a potential return of 24,900%. Simply put, any of those tokens can transform $100 to $25,000 this June.
Katana Inu (KATA)
The Katana Inu (KATA) meme coin is embedded in the Battle Royale game and combines elements of DeFi and GameFi.
The game features realistic graphics, 3D characters, and weapons that can be minted as NFTs. There is a marketplace for NFTs.
Analysts think he game's native cryptocurrency - the KATA token, which fits into both the memecoin and GameFi sectors - could explode in the coming months.
Super Trump (STRUMP)
The Super Trump Token (STRUMP) is a meme coin that pays homage to Donald Trump.
The speculative project brings together supporters of the 45th POTUS and its native cryptocurrency is STRUMP.
In the last 30 days it has gained over 550% on Uniswap.
Sealana (SEAL)
The Sealana (SEAL) meme coin was recently launched on the Solana network . The project centers around Gamer Guy, a character from the South Park series. You probably remember that obese nerd, don't you?
Sealana aims to become the best-known memecoin on the Solana network, ahead of established cryptocurrencies such as Bonk and WIF.
Its native cryptocurrency, the SEAL token, is currently available in pre-sale at a price of $0.22.
Optimus AI (OPTI)
The Optimus AI meme coin is focused on artificial intelligence (AI).
Its native cryptocurrency is the OPTI token. And it could be an option to consider, given the huge potential that AI technology plays in the bull run. Anyways, this kind of meme coin is far more serious than the one Andrew Tate is promoting.
WienerAI (WAI)
Meme coin WienerAI is project built around a free AI crypto trading bot.
The project’s native cryptocurrency is the WAI token. The project has already raised more than $5.6 million in its pre-sale.
Maga VP (MVP)
Another President Trump-themed meme coin. It is called Maga VP.
The team behind the cryptocurrency is not officially linked to Trump.
Assuming all the support Trump has shown to the crypto sector, no wonder people are excited about this meme coin.
Some analysts even say Trump himself is holding some Maga VP.
PlayDoge (PLAY)
Remember the legendary Tamagochi? The PlayDoge is a new Tamagotchi-inspired play-to-earn project on the blockchain.
The idea is simple. You take care of a virtual pet to win prizes. Those are denominated in PLAY.
Pitbull (PIT)
This is a very ambitious project. The guys are already talking about their own NFT collection and even a metaverse.
As of now, Project Pitbull (PIT) is a meme coin launched on Binance’s Smart Chain. According to the meme coin’s website, the cryptocurrency is held by over 500,000 people. Impressive, huh?
Smog (SMOG)
Another meme coin that was launched on Solana blockchain. It focuses on a parody of the character Smaug, from the famous novel The Hobbit.
And the project is pretty huge. In its first month, Smog managed to reach a market cap of $100 million. The meme coin is currently held by over 119,000 people.