{"id":628472,"date":"2024-07-09T02:00:47","date_gmt":"2024-07-09T02:00:47","guid":{"rendered":"https:\/\/uniquehot.com\/?p=628472"},"modified":"2024-07-08T18:05:49","modified_gmt":"2024-07-08T18:05:49","slug":"expert-reveals-7-top-solana-meme-coins-to-watch-amid-etf-approval-hopes","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/solana\/expert-reveals-7-top-solana-meme-coins-to-watch-amid-etf-approval-hopes\/","title":{"rendered":"Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Solana-based meme coins have emerged as notable contenders in the crypto market, <\/span><a href=\"https:\/\/uniquehot.com\/news\/solana\/solana-meme-coins-outperform-ethereum-800-ytd-top-winners-revealed\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">outperforming <\/span><\/a><span style=\"font-weight: 400\">the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With coins like <\/span><a href=\"https:\/\/uniquehot.com\/news\/can-bonk-break-the-mold-analyst-predicts-stellar-rise-for-the-solana-memecoin\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Bonk Inu <\/span><\/a><span style=\"font-weight: 400\">(BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a recent <\/span><a href=\"https:\/\/x.com\/leshka_eth\/status\/72150003\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">analysis<\/span><\/a><span style=\"font-weight: 400\">, Leshka explained that Solana memes have become the dominant narrative of this market cycle, raising expectations for their potential growth following a potential Solana ETF market approval by the US Securities and Exchange Commission (SEC).\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Top Solana Meme Coins To Watch<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Leshka started by depicting cat-based meme coin POPCAT, which has recorded a 55% price increase in the past two weeks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently trading at $0.448, POPCAT is the 4th largest meme coin on Solana with a market capitalization of $441 million. Leshka considers it one of the most relevant <\/span><a href=\"https:\/\/uniquehot.com\/news\/ethereum-goes-budget-friendly-transaction-fees-drop-to-lowest-since-2016\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">mid-cap memes<\/span><\/a><span style=\"font-weight: 400\"> on Solana, highlighting a &#8220;strong community&#8221; despite lacking intrinsic value.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-ico-project-to-blame-eth-price-slump\/\" target=\"_blank\" rel=\"noopener \">Is This Ethereum ICO Project To Blame For ETH\u2019s Price Slump?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Next, Leshka highlighted the MICHI token, another cat-based meme coin in the Solana ecosystem. According to the analyst, the upcoming launch of MichiSwap, Michi non-fungible tokens (NFTs), and the Michi NFT Marketplace could catalyze further price increases for MICHI in the coming months.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bonk Inu, another meme coin that has gained significant attention in recent months, was also mentioned by the analyst, which has recorded a 20%<\/span><a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/is-the-bitcoin-bottom-in-price\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\"> price increase<\/span><\/a><span style=\"font-weight: 400\"> in the past fourteen days, currently trading at $0.00002413.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Leshka highlighted how Bonk Inu, which originally supported the Solana community, has expanded its user base and integrated into decentralized finance (DeFi), cross-chain messaging protocols and NFT marketplaces as key to its growth prospects, positioning Bonk Inu as another meme coin with the potential for further gains.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Political Meme Coins\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Moving on, Leshka spotlighted Dogwhifhat (WIF), currently the top Solana-based meme coin in the market cap, which has accumulated over $1.6 billion in record time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Leshka believes that Dogwhifhat \u201csymbolizes progress in futuristic transactions\u201d and is a beacon for \u201cforward-thinking individuals.\u201d Nonetheless, the token has recorded a steep <\/span><a href=\"https:\/\/uniquehot.com\/bitcoin-news\/bitcoin-to-hit-new-heights-analyst-predicts-10x-growth\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">price drop <\/span><\/a><span style=\"font-weight: 400\">in the monthly time frame of nearly 40%.<br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-starts-july-cpi-data\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?<\/a><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Lastly, the analyst highlighted political memes based on the Solana ecosystem, specifically those related to US politicians, which have gained significant traction as the upcoming November elections approach.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Leshka noted OBEMA, a meme coin featuring Michelle Obama, as a \u201crisky play\u201d lacking inherent value or anticipated financial gain. However, the analyst pointed out the potential for a 10x-20x return if Joe Biden were to leave the <\/span><a href=\"https:\/\/uniquehot.com\/news\/mass-adoption-near-protocol-sees-over-12-million-unique-addresses-in-30-days\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">presidential race<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Leshka also mentioned BODEN, a meme coin featuring Joe Biden. Although its popularity has waned, an &#8220;unexpected event&#8221; in the race for the White House could give it a final boost, especially if the president manages to win the election in November.<\/span><\/p>\n<figure style=\"width: 1814px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/u6O8BAd0\/\" alt=\"Solana\" width=\"1814\" height=\"858\"><figcaption class=\"wp-caption-text\">The daily chart shows SOL&#8217;s price recovery in the past 24 hours. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/7W2R5XTA\/\" target=\"_blank\" rel=\"noopener nofollow\">SOLUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Solana&#8217;s native token SOL was trading at $138.70 when writing, down over 13% monthly, but up 540% year-to-date.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Featured image from DALL-E, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.\u00a0 With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka.\u00a0 In a recent analysis, Leshka explained that Solana memes have become the dominant narrative of this market cycle, raising expectations for their potential growth following a potential Solana ETF market approval by the US Securities and Exchange Commission (SEC).\u00a0 Top Solana Meme Coins To Watch Leshka started by depicting cat-based meme coin POPCAT, which has recorded a 55% price increase in the past two weeks.\u00a0 Currently trading at $0.448, POPCAT is the 4th largest meme coin on Solana with a market capitalization of $441 million. Leshka considers it one of the most relevant mid-cap memes on Solana, highlighting a &#8220;strong community&#8221; despite lacking intrinsic value. Related Reading: Is This Ethereum ICO Project To Blame For ETH\u2019s Price Slump? Next, Leshka highlighted the MICHI token, another cat-based meme coin in the Solana ecosystem. According to the analyst, the upcoming launch of MichiSwap, Michi non-fungible tokens (NFTs), and the Michi NFT Marketplace could catalyze further price increases for MICHI in the coming months. Bonk Inu, another meme coin that has gained significant attention in recent months, was also mentioned by the analyst, which has recorded a 20% price increase in the past fourteen days, currently trading at $0.00002413.\u00a0 Leshka highlighted how Bonk Inu, which originally supported the Solana community, has expanded its user base and integrated into decentralized finance (DeFi), cross-chain messaging protocols and NFT marketplaces as key to its growth prospects, positioning Bonk Inu as another meme coin with the potential for further gains. Political Meme Coins\u00a0 Moving on, Leshka spotlighted Dogwhifhat (WIF), currently the top Solana-based meme coin in the market cap, which has accumulated over $1.6 billion in record time.\u00a0 Leshka believes that Dogwhifhat \u201csymbolizes progress in futuristic transactions\u201d and is a beacon for \u201cforward-thinking individuals.\u201d Nonetheless, the token has recorded a steep price drop in the monthly time frame of nearly 40%. Related Reading: Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week? Lastly, the analyst highlighted political memes based on the Solana ecosystem, specifically those related to US politicians, which have gained significant traction as the upcoming November elections approach.\u00a0 Leshka noted OBEMA, a meme coin featuring Michelle Obama, as a \u201crisky play\u201d lacking inherent value or anticipated financial gain. However, the analyst pointed out the potential for a 10x-20x return if Joe Biden were to leave the presidential race. Leshka also mentioned BODEN, a meme coin featuring Joe Biden. Although its popularity has waned, an &#8220;unexpected event&#8221; in the race for the White House could give it a final boost, especially if the president manages to win the election in November. Solana&#8217;s native token SOL was trading at $138.70 when writing, down over 13% monthly, but up 540% year-to-date.\u00a0 Featured image from DALL-E, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":628473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[83626,86515,84595,87683,91216,90820,90998,86410,83627],"class_list":["post-628472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-solana","tag-solana-sol","tag-solana-blockchain","tag-solana-ecosystem","tag-solana-etf","tag-solana-meme-coin","tag-solana-meme-coins","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\n<title>Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes<\/title>\n<meta name=\"description\" content=\"Solana-based meme coins have 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