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The announcement of the Ether ETF endorsement resulted in a frenzy in the crypto market. This buildup seeped into the meme coin market, boosting demand for meme-based coins. Investors anticipate that Ethereum-based meme coins will experience a significant upsurge in the coming days.
In line with this positive outlook, the meme coins total market cap of meme coins has surpassed $52.9 billion. Trading volumes paint an even more impressive picture, with meme coin transaction activity exceeding $4.9 billion in the last 24 hours alone. This marks an 8.9% surge in volume compared to the previous day.
Best Meme Coins To Invest In Today
Today’s examination of the top meme coins to monitor includes Shibaken, SolanoApe, and Shih Tzu. We also analyze a presale token, Sealana, which is currently making waves amidst the Ether ETF approval. We will delve into recent developments, market trends, and other factors contributing to the upward trajectory of these meme tokens.
Furthermore, the Solana meme coin introduces a “send-to-wallet” feature alongside a traditional “Buy Now” widget to accommodate different investor preferences. Sealana will launch around the anniversary of the Pepe Coin surge, which might not be a mere coincidence.
1. Shih Tzu (SHIH)
Shih-Tzu Token is an ERC-20/BEP20 Token functioning on Ethereum and Binance Smart Chain. Its primary mission revolves around improving the well-being and happiness of animals on a global scale. Setting itself apart from other cryptocurrencies, the Shih Tzu token project aims to prioritize real-world adoption and use cases. It involves:
- Forming partnerships with businesses and platforms that accept the token as a payment method.
- Integrating it into existing ecosystems.
- Creating innovative use cases that harness the benefits of blockchain technology.
Shih Tzu is a decentralized, community-driven meme coin without founders and team tokens. The community assigns skills within the community to suitable roles in developing Shih Tzu and collectively determining decisions for the coin and its future roadmap. The project pledges instant rewards for users with
Shih Tzu Coin holders also receive profits from every transaction within the network. This approach ensures users accumulate rewards as they actively engage with Shih Tzu coins.
A recent trend gaining momentum is the integration of Shih Tzu tokens into various gaming platforms, allowing gamers to earn Shih Tzu tokens as rewards for their in-game achievements. Additionally, the growing popularity of Shih Tzu-themed merchandise among crypto enthusiasts is noteworthy, with individuals proudly displaying their affection for Shih Tzu.
Create and share $SHIH memes with @MemeDeckApp .. https://t.co/T147fwROKy
— SHIH TZU (@ShihTzuToken) June 10, 2024
The project’s collaboration with BYDFi offers a robust platform for liquidity and trading and enhances its credibility and trustworthiness. Aligning with BYDFi gives the Shih Tzu Token project a competitive edge, distinguishing it from other cryptocurrencies that might face challenges in establishing reliable exchange partnerships.
The token posted a bullish sentiment and a 9% price increase in 24 hours; SHIH is currently priced at 0.0000000007203, representing a 153.05% increase in the last thirty days. The token’s greed index of 71 (greed) and a perfect 30 green days in the previous 30 days show its potential for increase in the coming days. This is further supported by a trading activity increase of over 1400% in 24 hours.
2. Shibaken (SHIBAK)
Shibaken is the inaugural decentralized platform featuring a bridge project encompassing Ethereum, BSC, and Polygon. Inspired by the intelligent and protective Kia Ken dog breed, the project aims to embody these traits while serving global communities. Its objective is to build a comprehensive ecosystem by providing cross-chain bridges, yield farms, staking, and a swap platform.
Furthermore, Shibaken Finance is committed to supporting communities in need as a community-driven, decentralized financial entity. Beyond conventional crypto functionalities, the platform prioritizes addressing community necessities such as food, energy, water, security, and protection. The primary ecosystem token, SHIBAK, not only aids in fundraising for charitable causes but also facilitates cryptocurrency trading.
Moreover, the Shibaken Finance team of developers has demonstrated a steadfast commitment to the project, which is evident in their consistent updates and continuous development of new use cases. Additionally, the project prioritizes transparency by undergoing regular audits.
Meanwhile, introducing the Shibaken Bomb (sBOMB) underscores its dedication to innovation, intending to incorporate gaming and automate charitable giving. Additionally, Shibaken Finance unveiled a new venture called Shibakery, which is aimed at assisting new tokens in developing unique use cases. Furthermore, the project hinted at a significant partnership through its official Twitter handle.
Notably, the token displayed green days in the last 30 days. It also trades 7.25% above the 200-day SMA, demonstrating its growth potential. Furthermore, its price surge of 8.3% earlier in the week is partly due to its proposed partnership deal. SHIBAKEN is priced today at $0.0000000000001379.
3. Sealana (SEAL)
Sealana kicked off its presale on a strong note, raising over $200,000 within hours of going live. However, this strong start suggests that the presale might end sooner than expected due to the high traffic. Meanwhile, renowned crypto analyst and YouTuber Jacob Bury dubbed Sealana as a “new 10x potential crypto.”
The strength of Sealana lies in its unique and relatable story. It combines popular trends like integrating with Solana and sending coins directly to wallets while staying true to its original and amusing theme.
However, the project’s website indicates no predetermined hard cap, so potential investors should act quickly before it launches. Meanwhile, the project has raised over $4 million as of the time of writing.
Furthermore, the Solana meme coin introduces a “send-to-wallet” feature alongside a traditional “Buy Now” widget to accommodate different investor preferences. Sealana will launch around the anniversary of the Pepe Coin surge, which might not be a mere coincidence.
What better way to show your love of Lambos, Massive Gains & Freedom than getting a #USA tattoo to show for it! 🇺🇸 #Sealana knows what’s best for American made #Memecoins and has a plan to make them great again! 🦭
Send $SOL 💸 and let him be an example for all #Degens!💪 #MAGA pic.twitter.com/B4aBZ2wEbI
— Sealana (@Sealana_Token) June 14, 2024
Analysts believe that Sealana has the potential to replicate the success Pepe coin. It is expected to follow the trajectory of the popular meme coin in 2023 and become the next meme token to generate significant returns for investors.
4. SolanoApe (SAPE)
SolanaApe is a Solano-based token following in the footsteps of Pepe. The new meme coin aims to rebuild the glory days of Apec on the Solana chain. It has raised a vibrant community of degen investors. The project’s primary goal is to build wealth through mutually beneficial degen investments for its holders.
Following a stealth launch with zero taxes, $SAPE strives to be a coin for the people forever. Fueled by pure memetic power and utility, the token remains relevant. It also leverages the experience of the Pepe developers and innovative Blockchain technology.
Furthermore, it has undergone a full audit to ensure complete transparency and security. The token is deflationary, renounced, and liquidity is burnt forever. SAPE was developed to support the evolution of several sectors. It supports art, gaming, entertainment, digital and physical events, storytelling, and Web3 evolution.
Moreover, it serves as a medium of exchange for transactions on the platform and its marketplace. It also offers the benefits of decentralization, transparency, and a community DAO. The token has also entered into several strategic partnerships to expand its utilities and adoption.
Also, the developers have announced plans and concluded partnerships to create an NFT collection. The partners are set to be announced in the coming weeks. Despite being down in the last 24 hours, it has triggered a pattern that suggests it might enter a recovery phase while trading today at 0.0000678.
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