As the cryptocurrency market anticipates a potential bull run, investors are looking for profitable opportunities. An expert in the industry has compiled a list of meme coins that can turn a $1,000 investment into huge profits of up to $100,000.
Leading crypto investor Bitcoin China has handpicked several well-known projects. However, these projects can generate exceptional returns of more than 100 times the initial investment.
Turn $1K into $100K
Since the start of the year, most of these funds have shown impressive returns, with many posting triple-digit gains.
Dogecoin and Shiba Inu’s
Leading the pack are well-known meme coins like Dogecoin and Shiba Inu, which have grown exponentially in recent months. Dogecoin is up 106%, while Shiba Inu is up an impressive 167% in the past three months.
Meanwhile, for Dogecoin to grow 100x, the price would need to rise to $17.19, bringing in a market cap of $2.4 billion, almost the current size of the entire crypto market cap.
Similarly, a 100-fold increase in the value of Shiba Inu would generate a market capitalization of $1.63 trillion, highlighting the challenges associated with such massive growth.
Bonk, Dogwifhat, Pepe, Grok
Besides Dogecoin and Shiba Inu, other major coins also posted significant gains in January. Bonk (BONK), Dogwifhat (WIF), and Pepe stocks rose 53%, 1859%, and 530% respectively. With a lower market cap than peers, these funds offer investors great potential growth.
Another coin that appeared on the list, Grok, rose a whopping 260% in value over the same period. With a market cap of $100 million, Grok seems likely to grow 100x compared to larger stocks in the market like Shiba Inu.
BOOM, NINJA, COQ
Following its launch, the price of BOME got a lot of attention from the market, with this memecoin recording a huge jump in value. The Book Of MEME jumped 1,741% in value in the last month.
Another coin launched on the list, Ninja, which focuses on gaming and NFT, saw significant growth, boasting an impressive 339% since last year.
Last on the list is COQ, the flagship meme coin of the Avalanche blockchain, which has seen 1002% growth since last year. Given the impressive performance, COQ stands as a strong contender to reach the price target predicted by crypto investor Bitcoin China.
