A potential SOL ETF future has injected a shot of adrenaline into traders and investors alike. And one sector primed to explode more than any other is meme coins.
While the OG meme coins are sharpening their claws, a crop of challenger meme coins on Solana is quietly waiting to pounce. Poodlana (POODL), Mini (MINI), dogwifhat (WIF), and Bonk (BONK) – these aren’t just internet jokes anymore. They’re about to become the new guard; some would argue they already are.
With the SOL ETF countdown likely on its way to a launch next year, and the recently volatile market that is often music to the smart trader’s ears, here is why these four tokens are positioning themselves as the potential breakout stars of the next crypto bull run.
SOL ETF fever – Here are the best meme coins in August
With a meme coin market cap of around $40 billion at press time (around half of it made up of OGs DOGE and SHIB), many of these challenger coins have the potential to reap serious numbers of their own should they capture a decent market share.
We’ve done all the legwork, read the whitepapers, analysed the market, and identified a new breed of tokens predicted to go ballistic this August. Here are four of the most promising meme coins to capitalize on the SOL ETF fever:
- Poodlana
- Mini
- WIF
- Bonk
- Poodlana – A wild mix of posh & 500x potential this August
This is the latest must-have accessory that’s turning more heads than a Birkin at Fashion Week. Poodlana is the SOL meme coin that’s redefining fabulous in the digital age. Forget those passé doge coins; they’re so last season.
Poodlana looks to capitalize on both SOL ETF hype and specific trends in the Far East. With Asia dominating 80% of meme coin trading, Poodlana’s chic appeal aligns perfectly with the region’s intense demand for luxury fashion and its long love of poodles.
This smart positioning move is craftier than you might expect. Poodlana is the first ever poodle themed token. And since the cryptosphere loves a project that is the first to do something, the fact that Poodlana is the first meme coin to give the most influential meme coin market the dog that its heart desires should not be ignored.
Plus, besides the insane numbers that many Sol meme coins are making some people, coins made in and geared towards the Asian market are starting to make names for themselves too. Coins such as Chinese Andy and zao an have made investors as much as +800% and +1500% respectively.
Compounding this is Poodlana’s guaranteed listing on DEX within 60 minutes from presale completion and its commitment to listing on a top exchange (name soon to be announced). This positions it as one of the best meme coins in August for explosive growth. And since it’s the only coin on this list that’s in presale and yet to get pumped by the open market, 500x gains for today’s investors are certainly within reach.
For more details, visit the Poodlana website.
- Mini – Small, but mighty catty meme coin in a dog-eat-dog world
The Solana-based meme coin has been so fortunate to see its trading volume skyrocket by over 100% in a single day, making it top the list of the best SOL meme coins. Despite its recent entry into the crypto arena, Mini has already surged over 700% from its all-time low, proof of the explosive potential of meme coins on the Solana blockchain.
With a market cap surpassing $13 million, Mini is firmly in bullish territory. The coin is capitalizing on the broader hype surrounding Solana, particularly with the impending launch of SOL ETFs.
While it may lack the explosive growth potential of Poodlana capitalizing on the market’s hunger for an exclusive presale, Mini has cleverly tapped into the enduring appeal of internet cat memes.
- dogwifhat – The SOL pup with a bite
Dogwifhat, the Solana-based meme coin, is, at press time, up +700% from its launch price.
This isn’t the first time WIF has basked in the Solana spotlight; it’s been a top-performing SOL meme coin for months. With institutional investors potentially flocking to Solana thanks to the ETF, WIF could be in for an even bigger ride.
While it might not have the explosive potential of new meme coins due to its already massive market cap, WIF’s consistent performance makes it a compelling watch. As the SOL ecosystem heats up, there’s a real possibility WIF could break out of its current range and set a new all-time high.
- Bonk – The OG Solana meme coin could make a strong comeback this August
While the explosive growth of Bonk, the Solana-based canine meme coin, might have cooled off from its initial frenzy, the coin still packs a punch. With a market cap exceeding $1.4 billion, it remains a top project in the meme coin space.
What sets Bonk apart is its grassroots approach. Unlike many tokens, Bonk distributed half of its total supply to the Solana community through an airdrop, fostering a loyal fanbase. Recent developments, such as a significant token burn that sent prices soaring and Coinbase Futures support, have further solidified Bonk’s position.
As the crypto world gears up for the potential impact of SOL ETFs, Bonk is poised to benefit. Its status as the first Solana-based dog meme coin gives it a head start in capturing the attention of investors looking to ride the Solana wave.
However, while Bonk has proven itself, the meme coin market is notoriously volatile. Bonk’s value could waver drastically, and for those who missed the initial Bonk boom, the opportunity for crazy gains might well have passed.
