Emily Walker
The pace of crypto adoption continues to surge, showcasing a remarkable acceleration in the industry.
UBS, the largest bank in Switzerland, has recently begun experimenting with digital investments in blockchain-based gold through ZKSync, which is a Layer 2 solution on Ethereum.
UBS is not going solo in this venture; Tether is transitioning to the Bitcoin blockchain, and MicroStrategy is persistently accumulating Bitcoin. Additionally, Elon Musk’s X Payments may incorporate Dogecoin as part of its services.
Each bullish market has its unique theme, and it appears this one revolves around significant institutional investments in blockchain technology.
If this trend continues, the potential for the next major meme coin to rise could be imminent.
Here are five ERC-20 meme coins that might explode in this market driven by institutional investments:
1. $BEST – A Promising Name
For a meme coin that claims to be the “$BEST,” it must perform well.
So far, it’s off to an impressive start, raising nearly $9M in its presale phase, currently priced at $0.023825.
This kind of initial enthusiasm typically leads to a strong debut on exchanges.
$BEST is focused on sustained growth, featuring a deflationary supply model and passive income through rewards. Investors earn rewards just for holding tokens, while scheduled burns may help maintain price increases over time.
The project is also incorporating NFT projects and marketing strategies aimed at keeping interest levels high.
With this level of demand during the presale, strong performance is likely upon its exchange listing. Early investors may reap the benefits similar to previous successful meme coins.
2. $MEMEX – A Meme Coin Index Fund
Why choose just one meme coin when you can have exposure to multiple?
This is the concept behind $MEMEX—it functions as a meme index fund that distributes risk across various meme assets.
Having raised $3.2M in presale and priced at $0.0157812, it provides a more strategic approach to investing in meme tokens.
The timing aligns well with rising hopes that Ethereum staking ETFs may soon be approved under new SEC regulations.
If this becomes reality, it could incentivize capital influx into Ethereum projects, benefiting $MEMEX significantly.
This initiative merges meme speculation with staking rewards, allowing holders to earn passive income while diversifying their meme portfolio.
For those looking to invest in memes while mitigating risks, $MEMEX presents an intriguing opportunity.
3. $SLAP – Presale Ending Soon
In a landscape where institutions are driving crypto growth, now is the moment to act.
$SLAP is rising swiftly in popularity, with its presale nearing completion, presenting a final opportunity for early investments before its launch.
Currently priced at $0.00135629, $SLAP is leveraging social media marketing and meme challenges to build hype.
This project integrates deflationary mechanics with community incentives to elevate engagement. Token burns help reduce supply, while airdrops reward early supporters.
If buzz continues to build prior to its launch, early backers could see strong performance once it lists on exchanges.
In meme coin investments, timing is crucial, and with the presale finishing soon, $SLAP is one to keep an eye on.
4. $SHIB – The Resilient Original
$SHIB has been dismissed many times, yet it always manages to bounce back.
Even after downturns, it remains a leading meme token, and with potential new drivers ahead, $SHIB’s next surge may be on the horizon.
The involvement of Elon Musk is a significant variable. If X Payments integrates Dogecoin, it’s likely that $SHIB will follow suit since $DOGE and $SHIB often react similarly to market news.
In addition to speculative factors, $SHIB is gradually making meaningful strides.
The introduction of its Layer 2 network, Shibarium, is expected to enhance transaction efficiency, while ongoing token burns are expected to further decrease supply.
While $SHIB may not experience the explosive 100x rises of the past, it still has significant upside—especially if the market trend for meme coins intensifies.
5. $GFOX – A DeFi-Driven Meme Coin
Status at $0.00004795, $GFOX aims to blend meme culture with decentralized finance (DeFi) and gaming.
Unlike conventional meme coins that depend solely on hype, $GFOX incorporates staking incentives and a play-to-earn framework, making it a likely more engaging investment.
The initiative has been actively promoting its goals, drawing interest from early investors looking for the next big thing following $SHIB and $DOGE.
With its distinctive branding and collective growth approach, $GFOX is captivating meme enthusiasts seeking a fun yet viable investment opportunity.
History shows that strong community support can drive a token to remarkable heights, and with meme coin trends heating up in 2024, $GFOX could be a formidable contender.
Conclusion: Meme Coin Season is Heating Up
With UBS exploring blockchain gold investments, Musk planning to incorporate crypto, and Tether’s blockchain move, institutions are fostering greater crypto adoption than ever.
In such an environment, meme coins typically flourish.
Whether considering promising presales like $BEST and $SLAP or established tokens like $SHIB, the market is ripe with opportunities.
Just keep in mind—the potential for reward comes with significant risk. Timing your investments is key.