Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes

10 months ago

Solana-based meme coins person emerged arsenic notable contenders successful the crypto market, outperforming the largest cryptocurrencies specified arsenic Bitcoin (BTC) and Ethereum (ETH) successful caller months.

With coins similar Bonk Inu (BONK) soaring astir 7,000% year-to-date, the imaginable support of Solana ETFs filed by plus managers VanEck and 21Shares successful the United States, is seen arsenic a imaginable catalyst for these tokens, according to marketplace adept Leshka.

In a caller analysis, Leshka explained that Solana memes person go the ascendant communicative of this marketplace cycle, raising expectations for their imaginable maturation pursuing a imaginable Solana ETF marketplace support by the US Securities and Exchange Commission (SEC).

Top Solana Meme Coins To Watch

Leshka started by depicting cat-based meme coin POPCAT, which has recorded a 55% terms summation successful the past 2 weeks.

Currently trading astatine $0.448, POPCAT is the 4th largest meme coin connected Solana with a marketplace capitalization of $441 million. Leshka considers it 1 of the astir applicable mid-cap memes connected Solana, highlighting a “strong community” contempt lacking intrinsic value.

Next, Leshka highlighted the MICHI token, different cat-based meme coin successful the Solana ecosystem. According to the analyst, the upcoming motorboat of MichiSwap, Michi non-fungible tokens (NFTs), and the Michi NFT Marketplace could catalyze further terms increases for MICHI successful the coming months.

Bonk Inu, different meme coin that has gained important attraction successful caller months, was besides mentioned by the analyst, which has recorded a 20% terms increase successful the past fourteen days, presently trading astatine $0.00002413.

Leshka highlighted however Bonk Inu, which primitively supported the Solana community, has expanded its idiosyncratic basal and integrated into decentralized concern (DeFi), cross-chain messaging protocols and NFT marketplaces arsenic cardinal to its maturation prospects, positioning Bonk Inu arsenic different meme coin with the imaginable for further gains.

Political Meme Coins

Moving on, Leshka spotlighted Dogwhifhat (WIF), presently the apical Solana-based meme coin successful the marketplace cap, which has accumulated implicit $1.6 cardinal successful grounds time.

Leshka believes that Dogwhifhat “symbolizes advancement successful futuristic transactions” and is simply a beacon for “forward-thinking individuals.” Nonetheless, the token has recorded a steep price driblet in the monthly clip framework of astir 40%.

Lastly, the expert highlighted governmental memes based connected the Solana ecosystem, specifically those related to US politicians, which person gained important traction arsenic the upcoming November elections approach.

Leshka noted OBEMA, a meme coin featuring Michelle Obama, arsenic a “risky play” lacking inherent worth oregon anticipated fiscal gain. However, the expert pointed retired the imaginable for a 10x-20x instrumentality if Joe Biden were to permission the presidential race.

Leshka besides mentioned BODEN, a meme coin featuring Joe Biden. Although its popularity has waned, an “unexpected event” successful the contention for the White House could springiness it a last boost, particularly if the president manages to triumph the predetermination successful November.