Top 5 Meme Coins with 10x Return Possible

It could be risky to invest in an unstable market. However, particular meme coins are popular among investors due to their potential. Meme coins are now a major cryptocurrency. These digital assets, first developed as parodies of online memes, have grown into a developing DeFi business on the market.

$SPONGE get listed on BitGet

It’s possible that many people would say it was a meme show before the general public had any idea what a meme was. In the official description of the SpongeBob coin, it is stated that it is a decentralized meme token that was constructed on the Ethereum network.

This meme coin sensation’s most recent release reveals that beginning on May 12, 2023, the SpongeBob Token will be accessible for purchase on top centralized marketplaces such as Bitget and Gate.io. Recently, the project announced that SPONGE was going to be listed on numerous tier-1 exchanges.

This week, SPONGE shattered records when it jumped from having a market cap of $2 million to $90 million in just four days. After a brief pullback, there has been an increase in demand for SpongeBob Token, which is one of the biggest driving forces behind the meme currency frenzy that is still going fast.

? $SPONGE will be listing on @bitgetglobal ?

? Details: https://t.co/OVp9tsgyP1

? More CEX listings coming your way ✅#Memecoin #Memecoins $PEPE $TURBO $MONG $HER $JEFF $RIBBIT $POOH $BOB pic.twitter.com/zDGNB7ZJOt

— $SPONGE (@spongeoneth) May 11, 2023

Meme coins like Pepe and SpongeBob Token are at the leading edge of the growing trend of using memes as inspiration for new digital currencies. SpongeBob Token still has some steam left in it, in contrast to Pepe, which has already reached its limit of potential.

On the other side, $SPONGE has a total market cap of $18.53 million, which is significantly smaller than other companies. In addition, there is further room for development. New investors in Pepe should anticipate a return of less than half their initial investment if the token’s market value exceeds $1 billion once more.

On the other hand, investors in $SPONGE have the opportunity to earn returns of 10X their initial investment if the token surpasses the $200 million threshold. And in the event that it reaches $1 billion, they stand to make returns of more than 50 times their initial investment.

See our guide on how to buy SPONGE token here.

Can Pepe coin’s value rise again?

Pepe coin has made an impressive rise into the top 50 most exchanged cryptocurrencies since it was introduced to the public in April 2023. Investors who had been successful in planning their purchases so that they bought cheap and traded high made returns that were more than 10 times their initial investment.

The significant price gain led to a lot of excitement among traders. After the first “pump and dump,” it’s probably likely that the token will lead to large gains in the near future. Despite the fact that the coin’s price is still significantly higher than where it started off, it’s obvious that this is due to supply and demand.

It might seem that the enthusiasm behind the Pepe meme coin is about to fade off, as the token is currently trading more than 70 percent below its all-time high. Throughout the course of the preceding week, cryptocurrency investors made an increased profit from meme coin.

As a result, the market price for the meme coin dropped from its all-time high of $1.65 billion to less than $500 million in just a few days. Pepe coin seems to be going through a phase of recovery recently, as seen by the fact that its price showed a major fall of the $0.00000170 supports on the within-day level.

This has given traders an extra barrier with which to meet demand from purchasers. Traders should watch for a breakout at $0.00000171 as the first sign of price recovery, but this will only occur if the market price of the coin recovers from the crucial support level of $0.00000140. 

It is very important to be aware of the possibility that $PEPE price could drop by 39% if it falls less than $0.00000140. This decline would be caused by a price fall. Visit and learn from our guide to the best meme coins to buy here.

Will Wojak survive the downward trend?

After it peaked on May 5 together with Pepe, the price of Wojak, an alternate meme token that has been increasing in recent weeks, has experienced a drop that is higher than 80%. The only change that has occurred in Wojak’s value in the past day and a half is a loss of 14%, while Pepe has seen an even worse drop of 26.5%.

The WOJAK token, on the other hand, became one of the most popular memes and launched just a short time before the $PEPE currency. It also shared a similar faith as the $PEPE coin. The fast rise of the meme coin market led to an incredible bullish trend for the token, which pushed its value from $0.00012 to as high as $0.001027 in just less than a week’s time.

This means that all early investors earned more than 10 times their initial investment. However, like $PEPE, WOJAK has begun to look like a token developed solely for pumping and dumping. With its high market cap and positive reviews, WOJAK will fall behind swiftly.

Over the course of the last 24 hours, the value of the token has decreased by over 30%. If this downward trend keeps going, the currency will become nothing more than an outdated meme coin, just like many others that came before it.

What is Bogdanoff?

$BOG is an Ethereum-based crypto project inspired by the Bogdanoff twins, aiming to create a decentralized platform for meme enthusiasts to connect, share, and trade. The project will make use of blockchain technology to establish an open and secure platform for anyone interested in memes.

This will give meme enthusiasts the opportunity to demonstrate their creative ability and speak their minds openly. Users will be able to engage with one another in a secure and transparent manner on the platform because of its easy-to-use interface, straightforward navigation, and strong security standards.

Their goal is to build long-term relationships with their network by promoting open dialogue, valuing input, and modifying techniques to meet objectives. The $BOG team is dedicated to maintaining their project’s integrity and providing users with a safe and satisfying platform.

The meme coin $BEN is promising yet volatile

Ben is a popular meme based around a dog’s imagination, and the Ben token represents that meme. Ben has only recently become aware of the fascinating world of cryptocurrencies, and he is currently exploring the opportunities presented by the technology known as blockchain.

In 2023, the $Ben coin will be one of the meme tokens with the most successful performance. Ben is well prepared to attract the attention of the meme world with his status as one of the latest meme token initiatives. As of right now, Ben tokens are tradable on a variety of the most well-known cryptocurrency marketplaces.

The value of $BEN Coin reached an all-time high shortly after it was listed on central exchanges. It is possible that $BEN coin will have another spectacular price increase in the future if it is listed on a number of additional major cryptocurrency exchanges.

However, it looks like the drive behind the $BEN coin has stalled, as the coin has been moving in a range that is rather stable, though unpredictable, for the majority of the past 24 hours. The volume of trades has also decreased, which is a red flag that the high might not be sustainable for very long.

Trading in $BEN began nearly a day before BitBoy announced that the token was online, leading a lot of supporters to believe it was a fraud. Another reason $BEN’s interest fell was that it was based on a crypto influencer rather than a meme.

Related

• Excitement Builds as $SPONGE Meme Coin Surges 67% After Being Listed on Bitget and Gate.io.
• $SPONGE Meme Coin Airdrop Video how to Participate and 2 New CEX Listings
• Will WOJAK Sustain Its Upward Trend
• Pepe Price Prediction as Coinbase Admits it ‘Screwed Up’ With Newsletter – Will Pepe Recover

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