Exploring Top Meme Coins Set to Shine in August Beyond Shiba Inu and Dogecoin

Meme coins are taking the spotlight in the current market cycle, surpassing utility coins like Dogecoin and Shiba Inu. With the growth potential of Dogecoin and Shiba Inu getting limited, investors are turning their focus to other meme coins for greater returns. Here are four meme coins with promising potential for the upcoming month.

MYRO: A Contender to Surpass Dogecoin

While BONK and Dogwifhat have gained substantial traction on the Solana network, reaching market caps in billions, MYRO, another Solana meme coin, is yet to hit this milestone. With a market cap below $200 million compared to the billion-dollar marks of its counterparts, MYRO presents an opportunity for investors eyeing meme coins with high growth potential.

Exploring Top Meme Coins Set To Shine In August Beyond Shiba Inu And Dogecoin

ShibaSwap BONE: A Rising Meme Coin

The ShibaSwap BONE token, a creation of the Shiba Inu team, stands out among promising meme coins. Priced around $120 million, it offers a lucrative investment avenue for high returns. Serving as the utility token for the Shibarium network, BONE is essential for network fee payments. As Shibarium gains adoption, the demand for BONE is expected to surge with increasing network usage.

WEN: A Challenger to Shiba Inu

While Shiba Inu’s price may still have room to rise significantly, for investors with smaller portfolios, meme coins like WEN on the Solana network offer promising opportunities. Despite hovering around a $100 million valuation, WEN maintains a healthy average daily trading volume of $10 million, indicating sustained investor interest. This positions it well for potential growth when meme coins rally again.

NEIRO Emerges in the Meme Coin Realm

Following the passing of Kabosu, the Shiba Inu dog associated with the Dogecoin logo, earlier this year, meme enthusiasts have launched NEIRO coins named after Kabosu’s successor, Neiro. NEIRO tokens have emerged on various networks, with the Ethereum network hosting a prominent variant surpassing a $150 million market cap. The coin sees over $100 million in daily trading volume, garnering support for reaching the coveted $1 billion milestone.