Solana

Bonk

Smog

Shiba Inu

<img src="https://cdn.thebittimes.com/images/2024/03/13/1710340182.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;">
The Solana memecoin wave was quick to attract the attention of investors across the globe. While there has been an influx of similar cryptos since, there were very limited options that managed to stay afloat even after their initial surge, with an excellent example being BONK.
Since the start of 2024, the project has seen a continuous uptrend, which recently resulted in a massive pump, ultimately causing investors to lookout for other options that could also lead up to similar returns in the upcoming days.
<h2 dir="ltr" id="span-220-pump-since-the-beginning-of-2024-before-correcting-span">220% Pump Since the Beginning of 2024 before Correcting&nbsp;</h2>
BONK entered 2024 at $000014, experiencing a small downtrend shortly after. After bottoming to $0.000010 it experienced a minor bounce. However, it wasn’t until Bitcoin’s massive surge that the token jumped by 220% before correcting recently.&nbsp;
<img src="https://lh7-us.googleusercontent.com/CD8ulyqnBKMijMInA_ofq-pyo2lFhHn_hW3JDP5YBf4zTucGr-6pd4IaQEcmmMgC54dX_WgR7cxXYuyZ55AvvC-10Etj2C0AypdacS1cZ1JYdCcMiI1CCiEkIV2NIdYDrNeo-NVql-3tEz6YakDfxw8" width="624" height="349" style="display: block; margin-left: auto; margin-right: auto;">
At present, the BONK price has corrected by 34% since. Even though there are multiple red candles being painted on the price chart, the community is strong enough to stabilize its price around the $0.00002 mark.&nbsp;
<h2 dir="ltr" id="span-why-was-bonk-pumping-span">Why was BONK Pumping?&nbsp;</h2>
Bonk was a part of the Bybit Web3's Solana Fiesta event and has also been promoting its BONK DAO, which creates conversations about further utility integrations within the project as well. On top of this, CoinMarketCap's memecoin of the year competition has also seen BONK taking the lead, which may have caused more investors to learn about the project and potentially become a part of the ecosystem by investing.
While there are many reasons why the project could be pumping, the most obvious one is clearly the highly speculative and surprising nature of memecoins, where tokens can simply shoot up from being worth almost nothing to massive market cap projects within just a few weeks.
<h2 dir="ltr" id="span-best-memecoins-to-buy-right-now-span">Best Memecoins to Buy Right Now</h2>
Naturally, the BONK pump has now incentivized investors to be on a constant lookout for memecoins in the space that could potentially end up giving the same kind of returns. Some projects that are still in their early stage with smaller market caps have seemingly been the crowd favorites, making them projects that may be worth investing in.&nbsp;
We have sorted from the list to come up with three tokens that one may want to be on the lookout for or buy right now, given their potential.
<h3 dir="ltr" id="span-smog-span">Smog&nbsp;</h3>
With a cartoon dragon’s lore as its central theme, one may look at <a href="https://shrt.care/1055c6b7?referrer=bonk-price-explodes-by-more-than-110-so-far-in-2024---3-best-meme-coins-to-buy-next" target="_blank" rel="noopener noreferrer nofollow">Smog</a> as an original memecoin that distinguishes itself from the common doge-imitator memecoins, much like Bonk itself. This uniqueness may also have been the reason why investors seem to be highly interested in the token, along with its exciting price movements so far.
<img src="https://lh7-us.googleusercontent.com/3B-2RMEWD-gHDGj_M3pSURdNjHLBub2AziFDi56zOSVgJ15Es11bAia2JcD00vjVGGfMPnspi6fCImYQvGoj4Gdc0P7nvEPj1s9ZcnxlV0fhDIrYBH2LpTr7y3C7wKF79spcF89vQhmcWccjj5GAQn4" width="602" height="401" style="display: block; margin-left: auto; margin-right: auto;">
While the launch of Smog was met with much interest with the price seeing a decent increase, the project had plunged in value right after. This would usually mean the end for many memecoins, but surprisingly, the project managed to rise up from its all-time low of $0.02 to more than $0.11 thanks to a reversal that was followed by an influx of investors looking to hop on the Solana memecoin trend.&nbsp;
However, a small dip happened recently, dropping the SMOG price by 54% from its recent all-time high.&nbsp;
However, Smog’s social media channels are getting continuous engagement. As a result, Smog still stands at a market cap of merely $287 million, which makes it a highly undervalued project, given its counterpart BONK's market cap exceeding a whopping $2.6 billion.
<h3 dir="ltr" id="span-scotty-the-ai-span">Scotty the AI&nbsp;</h3>
While <a href="https://shrt.care/755476cf?referrer=bonk-price-explodes-by-more-than-110-so-far-in-2024---3-best-meme-coins-to-buy-next" target="_blank" rel="noopener noreferrer nofollow">Scotty the AI</a> is still in its presale phase, its concept is what makes the project an excellent buy. With an interesting backstory visualized by an animated futuristic Scottish terrier as the mascot, Scotty the AI positions itself as a vigilant savior of the crypto realm.
<img src="https://lh7-us.googleusercontent.com/an4e7-6F-wA-bX6rIk2gHvpRRCox0gFIOUinw_K3HnUaesmE1m2pRLy9hlBUmd6nB9eVX5GHirziD9tiwQ0nefCXRVX2fjr97uwE_xBUSCnBPI-wfISpIN1HakDMavLhcQyV5aTsKGNnee7cpA4fP18" width="600" height="400" style="display: block; margin-left: auto; margin-right: auto;">
The Scotty AI ecosystem is propelled by two key features: Scotty Swap and ScottyChat. Scotty Swap offers a platform for swift and secure token exchanges, leveraging advanced AI technology to optimize trades for enhanced gains. ScottyChat, on the other hand, is an AI-driven chat companion, offering cryptocurrency discussions, market insights, and guidance in the complex crypto market, appealing to potential investors. These features lead to the platform's growth, which allowed SCOTTY to hit the presale target early. So far, over $9.3 million has been raised.&nbsp;
While embracing the memecoin hype, the project also strategically positions itself as a high-utility initiative, which has been successful thus far, evident from the interest surrounding the project despite it being yet to be launched. The project will land on exchanges as soon as the extended duration of its presale ends.&nbsp;&nbsp;
<h3 dir="ltr" id="span-shiba-inu-span">Shiba Inu</h3>
While this may seem like an obvious option when it comes to investing in memecoins, parking funds into <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">SHIB</a> may be a smart option too. Sure, there may be a lot less to be made from Shiba Inu in terms of ROIs, but it can be a good bet too, given the recent pump that its biggest competitor, Dogecoin, recorded recently.&nbsp;
<img src="https://lh7-us.googleusercontent.com/Ch9Nn_Oel-V3pV5A3qNQ_O0I50Plxfa7R7VMAanQlzr1_dvon0jTcBCIwk0MLWNRCG4-lQLqTush-pg2hiXoyAizjvX5iOxrpbt0rwHf7lIU7wlNRE9u0-0q6oNGdpgn_5Y_oi-P0OkCkRyOS7YITG8" width="602" height="349" style="display: block; margin-left: auto; margin-right: auto;">
The Shiba Inu token has been big on the integration of utility elements to its project, which is surprising given the inception of the token being solely to appeal to the degen community within the crypto space.
Now, the project stands with a massive market capitalization of more than $18 billion, with the highest ever being more than double that at $43 billion. Shiba Inu is a project of massive value though, which could be a great addition to one's portfolio if they are looking to invest with little risk. For instance, while <a href="https://shrt.care/1055c6b7?referrer=bonk-price-explodes-by-more-than-110-so-far-in-2024---3-best-meme-coins-to-buy-next" rel="noopener noreferrer nofollow">Smog</a> and <a href="https://shrt.care/755476cf?referrer=bonk-price-explodes-by-more-than-110-so-far-in-2024---3-best-meme-coins-to-buy-next" rel="noopener noreferrer nofollow">Scotty the AI</a> may be invested into with hopes of increasing profitability dramatically with some risk, a Shiba Inu investment may be relatively safer, although returns could be slightly on the lesser side.
We believe that all three projects could be excellent picks for the upcoming crypto season, given their growing popularity and user interest, along with the fact that all three projects have figured out how to navigate through the changing trends while still being seen as relevant and high-potential projects.
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bonk-price-explodes-by-more-than-110-so-far-in-2024-3-best-meme-coins-to-buy-next-tbt82443.html">https://thebittimes.com/bonk-price-explodes-by-more-than-110-so-far-in-2024-3-best-meme-coins-to-buy-next-tbt82443.html</a>

Bonk Price Explodes By More Than 110% So Far in 2024 - 3 Best Meme Coins to Buy Next

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