Meme coins on the Solana blockchain have been capturing the spotlight in 2024 thanks to their insane gains and their minimal transaction fees by being hosted on Solana. There has been a flood of stand-out players, but three currently stand out in the sea of contenders.
How we determined the three top SOL meme coins to buy in 2024
Our experts analyzed the market positioning, the product technology, any market precedents, and more. After some serious investigation, they came up with this fine list.
- Poodlana (POODL): Where crypto meets couture
- BOOK OF MEME (BOME): The next big contender in Solana’s meme coin scene
- Bonk (BONK): 2024’s big gainer
- Poodlana: Where crypto meets couture
Sashaying onto the Solana blockchain, Poodlana emerges as the most stylish and sophisticated SOL meme coin in town. Branded as the “Hermès of cryptocurrency,” Poodlana is here to redefine the meme coin market with its unique blend of high fashion (a market with an estimated worth of $2.25 trillion by 2030) and Poodles, the must-have accessories for the meme coin hungry Asian market. The presale made its fabulous entrance on 17th July 2024 and runs for 30 days, offering investors a prime opportunity to buy POODL tokens before the masses at a starting price of $0.02. Prices increase every 72 hours until the presale concludes at $0.0539.
What makes Poodlana the icon that it is? As alluded to above, everything is down to its strategic focus on the Asian market, where meme coins thrive; 80% of trading volume occurs during Asian hours. The token’s no-nonsense approach complements this focus. All tokens will be immediately available in just 60 minutes after the presale with no lock-ups or vesting periods, ensuring total liquidity and immediate trading on Raydium.
Poodlana’s fresh take positions the coin to overtake the reigning dog-themed tokens like Shiba Inu and Dogecoin. Since they’ve made year-on-year gains of around 75% and 150%, respectively, at press time, Poodlana is well positioned to put them to shame on the gains front, thanks to its lower market cap.
Join the next big thing in crypto and fashion. Visit the Poodlana website to join the presale.
- BOME: The next big contender in Solana’s meme coin scene
The Book of Meme (BOME) meme coin has taken the crypto world by storm since its launch on the Solana blockchain. Looking to shake up the meme coin space, Book of Meme offers a novel ecosystem that combines memes, decentralized storage, and speculative trading.
BOME launched on 14th March and, at press time, has a market cap of $645 million.
Book of Meme features a unique blend of meme culture and decentralized storage, leveraging platforms like Arweave and IPFS to create a permanent digital repository for memes. This innovative approach has garnered significant attention, resulting in a strong community presence with over 19,000 members on their Telegram channel and more than 122,000 followers on X.
BOME’s roadmap includes developing meme creation tools, generative art, and interactive games, which, if rolled out successfully, could fuel another round of FOMO. Securing more exchange listings, such as on Coinbase, could further catalyze a price surge.
- BONK: 2024’s big gainer
Bonk is one of the most popular meme tokens on the Solana blockchain, with almost 650,000 wallets and a fully diluted market cap of over $2.5 billion. Unlike meme coins offering nothing but the coin itself, Bonk constantly builds new products. So far, the project has released an NFT collection, a trading bot, and a token swap.
Moreover, the BONK token is an accepted payment method within multiple Solana projects. You can pay with BONK for minting NFTs, NFT raffles, casino gambling, and more. This level of utility is rare among meme coins, making Bonk a unique and valuable asset in the meme coin sector.
Bonk’s journey began with an airdrop in December 2022, which spurred a massive rally not only for the BONK token itself but also for Solana (SOL) and many of its projects. The token peaked at $0.00003479 in December 2023, representing a significant gain from its initial price. While it experienced some declines, Bonk saw another rally in early 2024, reaching a new all-time high of $0.00004704 in March 2024.
