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With the “meme coin supercycle” gaining traction, investors are eyeing Neiro, Dogwifhat, and Mog Coin for potential returns.
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As the “meme coin supercycle” thesis gains market-wide recognition, investors want to know where the biggest returns lie.
Right now, three meme coins at center stage are Neiro, Dogwifhat, and Mog Coin. Let’s analyze all three and find which is the better investment.
All 3 could soar in the next bull run, but WIF may protect downside better
First Neiro On Ethereum, Dogwifhat, and Mog Coin are all major players in the ongoing meme coin rally, so they are each in a strong position for gains.
However, the driving forces behind their performances differ, and this must be considered.
Starting with NEIRO, it’s crypto’s new premier community takeover (CTO) token, this means that the project’s developers left, and the community now controls it. This makes it intrinsically decentralized and has been a significant tailwind in its recent growth.
NEIRO is currently trading at $0.001873 and is up over 43,000% since CoinMarketCap began tracking its price in August.
Regarding where its price could go, prominent community member TraderSZ is eyeing a $10 billion market cap by the bull market peak, marking over a 10x gain.
Moving to Dogwifhat, this holds a unique position as Solana’s version of Dogecoin. Many new meme coin narratives have arisen in 2024, but three of the top four meme coins by market cap remain dog-themed.
We should also note that Dogwifhat is Solana’s largest meme coin, which makes it a magnet for ecosystem liquidity inflows.
Moreover, Solana is the blockchain with the most daily active users, reaffirming the importance of Dogwifhat’s frontrunning position.
On growth potential, prominent meme coin analyst Ansem says it could hit a $100 billion market cap, surpassing Dogecoin’s ATH set in 2021. Ansem also dubbed it his “highest conviction” play, saying it is “best positioned to deliver a run akin to DOGE and SHIB.”
And lastly, we have Mog Coin, the world’s leading “culture coin.”
This is a new memetic category of tokens that reflect some aspect of social discourse. In Mog Coin’s case, it’s a response to an internet meme of people being “mogged,” which means they have been dominated or outperformed by someone else.
There is even an emoji relating to the term, which helps bolster Mog Coin’s notoriety every time it’s used.
Currently, Mog Coin has a $700 million market cap, and Ansem has it on his “highest conviction” list, with a long-term $30 billion market cap target. That’d be approximately a 22x gain.
However, in comparison, Ansem’s WIF prediction is closer to a 40x gain.
We should also consider risk-adjusted return. As mentioned, WIF is the largest Solana meme coin. It also has a significantly higher market cap and trading volume than NEIRO and MOG, which should theoretically protect it from downside volatility.
Meanwhile, its position as Solana’s leading meme coin and potentially this cycle’s Dogecoin is a juncture that could draw huge capital inflows.
In terms of probability, this makes Dogwifhat the best meme coin to buy of the three.
Yet, anything can happen in the meme coin market, and putting all your eggs in one basket is a fast track to excessive risk. That’s why the new meme coin Crypto All-Stars is thriving.
It’s a unified staking app, and its token provides indirect price exposure to 11 of the top meme coins.
Crypto All-Stars raises $2.3M in viral presale – best meme coin to buy now?
Imagine generating passive income on Dogecoin, Shiba Inu, Pepe, Mog Coin, and more. Now you can with Crypto All-Stars.
The project’s new app changes how people interact with meme coins. They no longer need to sell them to turn a profit.
Simply stake them in Crypto All-Stars’ MemeVault and generate STARS rewards.
But here’s the catch: users must hold STARS to access the platform, and their rewards correlate to how much they have.
It’s a unique concept incentivizing holders of all the top meme coins to invest and hold STARS.
Users can also stake their STARS tokens for more rewards. The project is undergoing a presale, but STARS staking is live and provides a 629% APY. However, this will decrease over time.
Crypto All-Stars is essentially a diversified bet on its supported tokens, but its early stage leaves up to 100x growth potential, according to analysts from 99Bitcoins.
Currently, investors can buy STARS at presale for $0.0015007.
However, this price is expected to rise throughout the ICO, with the next increase later today.
For more information, visit the Crypto All-Stars presale website.
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This article first appeared at crypto.news
