Emily Walker
Meme coins such as Dogecoin and Shiba Inu have transformed the cryptocurrency market with remarkable price surges, attracting investors to assets typically lacking in practical utility. As the market values of these well-known meme coins have surged, many investors are now looking for lesser-known, lower-cap meme coins that offer greater potential for profitability. This article highlights three meme coins, each with a market cap under $100 million, that may provide better returns than their more established counterparts.
MYRO: A Meme Coin to Watch
MYRO is a budding meme coin on the Solana blockchain, gaining attention following the success of other meme coins like BONK. Initially, MYRO surged to a market cap exceeding $400 million after securing a listing on Binance futures.
However, MYRO’s performance has since declined significantly, dropping below the $100 million mark and currently valued at roughly $60 million. Despite this setback, some analysts believe that MYRO could experience a robust recovery in the upcoming months.
Data from CoinGecko indicates that MYRO is currently trading at 87% below its peak price of $0.44, suggesting there’s potential for nearly a tenfold increase if it rebounds. This prospects for growth appear more enticing when compared to Dogecoin and Shiba Inu, which have market caps in the billions.
Kekius Maxiumus: The Next Big Meme Coin?
Kekius Maxiumus stands out as a meme coin with significant potential, especially since it has drawn attention from billionaire Elon Musk. After launching in December 2024, the coin’s price skyrocketed when Musk updated his profile picture to feature the Kekius Maxiumus mascot.
With this endorsement, Kekius Maxiumus joined the ranks of meme coins like Dogecoin, which has also enjoyed Musk’s public support. However, after the initial surge, the coin has since retraced by 80.8% from its highest price of $0.4011. That said, analysts are optimistic about the possibility of a 10x rebound, should Musk reiterate his support for the coin.
The Potential of SLERF in the Meme Coin Market
SLERF is one of the notable meme coins that gained traction during the notable Solana boom of 2024. Despite a rollercoaster journey that has seen its market cap dip below $100 million, there are still reasons for optimism regarding SLERF’s future.
The token witnessed a significant boost in November after being listed on Binance futures, causing its value to surge over 40% in just one day. Currently, SLERF is trading approximately 87.6% below its all-time high of $1.30, indicating a potential for a tenfold increase if it manages to regain its prior glory. With strong backing from trading activity on Binance Perps, SLERF might emerge as a top performer compared to Dogecoin and Shiba Inu in the coming cycle.