According to the latest market data, the meme coin industry had a total valuation of about $68 billion and a daily average market value of around $8.3 billion, making the market bullish for meme coins. In a recent X post, popular crypto source WhaleInsider highlighted a dozen meme coins with the potential to skyrocket in 2024 based on market capitalization projections.
Let’s delve into each of these coins and explore why they might be worth keeping an eye on:
Top meme coins to Watch with 10-50x Return in 2024
WIF
With a significant market cap of $2.4B already, WIF stands out as a potential leader in the memecoin space. Its strong community and ongoing development could drive substantial growth.
BOME
BOME’s market cap of $519.9M positions it as a promising contender for significant gains. Its unique features and utility within the ecosystem may attract investors seeking exponential returns.
MEW
MEW has already captured attention in the memecoin market. Continued momentum and adoption could propel it to even greater heights. It has a market cap of $495M.
BODEN
Despite its lower market cap of $429.7M compared to others on the list, BODEN’s innovative approach and community support make it a notable candidate for substantial growth potential.
SLERF
SLERF’s market cap of $270M places it in the mid-range of Whale Insider’s picks. Its niche offerings and market presence could position it for considerable expansion in the coming year.
TOSHI
TOSHI’s moderate market cap of $156.3M suggests it has room for growth. Its unique value proposition and market appeal could contribute to its upward trajectory.
WEN
WEN’s market cap of $146M indicates it has already gained traction in the memecoin space. Continued development and community engagement could drive further appreciation.
MYRO
MYRO’s market cap of $142.8M places it among the mid-tier picks by Whale Insider. Its promising features and potential for widespread adoption could fuel its growth in 2024.
ROOST
With a smaller market cap of $30.9M, ROOST presents an opportunity for exponential growth. Its innovative solutions and market positioning may attract investors seeking high returns.
CAT
CAT’s market cap of $29M positions it as a smaller player in the memecoin landscape. However, its unique offerings and community support could drive significant appreciation in value.
SOLAMA
SOLAMA’s relatively low market cap of $11.3M indicates it is still in the early stages of development. Continued progress and market adoption could lead to substantial growth potential.
CWIF
CWIF’s market cap of $9.9M places it among the smaller memecoins on the list. Its novel features and community-driven approach may pave the way for notable growth in 2024.
POON
POON’s market cap of $2.4M is among the lowest of Whale Insider’s picks. However, its potential for disruptive innovation and market adoption could make it a dark horse for significant growth.
