Solana competes with Ethereum to become the top blockchain for the creation of meme coins. The Solana ecosystem successfully launched thousands of meme coins, and some of them became very popular among the community.
With the large list of Solana-based meme coins, it is hard to determine which coin to choose and which coin can make profit in the long run. Btcpronews has shortlisted some of the coins, creating hype in the current market scenario.
- Ben the Dog
- Game Stop
- ALL BEST ICO
Ben the Dog (BENDOG)
The famous meme coin on the Solana blockchain, BENDOG, launched on February 4, 2024, with a total supply of 9.99 million coins. It started its journey with a price of $0.024 on as per CoinMarketCap, and hit its all-time high on May 5, by touching a milestone of $0.035.
While talking about the price of this token, the RSI is still above 50, which is a bullish sign for this coin, and it still has the potential to gain more in its price.
In a 4-house graph, the 50-day moving average is indicating an upward trend, and the same trend is followed by the 200-day moving average.
The MACD is also indicating a bullish trend in a 1-week trend, and giving a sign of trending coin.
As per all the indications, it has the potential to break the previous record, and can move to the mark of $0.01 by the end of this year; however, if the price declines, it can make a deep correction to $0.045.
At the time of writing, BENDOG is trading at a mark of $0.0367, with a market cap of $36.9 million, and gained price momentum by 167.77%.
Source: CoinMarketCap
GameStop (GME)
The GME coin was launched on January 31, 2024, with a total supply of 6.8 billion tokens and the opening price of this coin is $0.006149.
The GameStop (GME) token has been hitting new highs since Roaring Kitty came back in early May. Roaring Kitty, also known as Keith Gill, saw his GME investments reach an unrealized profit of $85,460,000 on Monday. Holders are expecting even more gains in June 2024.
At the time of writing, GME is trading at a price of $0.009506, up by 110.86% in a 7-day chart, and making its way towards its all-time high at $$0.015.
GameStop’s GME coin started June on a low note, but price predictions are confident that it will soon reach all-time highs. For the rest of 2024, GME is expected to keep a steady price with some down days. The recent surge has made investors very hopeful, leading to new predictions.
Based on the market analysis, the price of GME can reach the mark of $0.035 by the end of June, and throughout the year, GME will indicate bullish sentiments with some days of bearish trends.
Source: CoinMarketCap
ALL BEST ICO (ALLBI)
ALLBI is the top-gaining coin on the Solana blockchain, having gained 228899.43% in a 7-day graph, it is ranked #540 among the coins and has a market cap of $81 million.
Currently, the coin is trading at a price of $0.06093 and the total supply of this token is 1.3 billion. In a 7-day graph, the ALLBI coin RSI is above 50, showing it is the most trending coin and suggesting the potential of gaining price momentum. The 50- and 200-day moving averages are also indicating an upward trend, showing huge potential in the coin.
While doing the technical analysis, it can be predicted that the price of this coin can surge up to $0.01 by the end of this year, however, in case of deep correction, the price may fall to $0.0054.
Source: CoinMarketCap
Disclaimer: Please note, that the article written above is just for the knowledge of the audience and not financial advice. Please do your own research or contact your financial advisor before investing in crypto, as it is a high-risk asset.
