News
3 Solana Meme coins to keep forever
Contrary to popular belief in the industry, the meme coin hype did not end long ago. This sector even offers selected gems that can change the lives of ordinary investors. For example, Pepe Coin recently reached a new all-time high, proving that coins in this sector still have potential. It is important to highlight that Solana meme coins like dogwifhat, Bonk and BOOK OF MEME tend to move forward in significant steps.
Solana is a layer-1 blockchain ecosystem that has grown to directly compete with platforms like Ethereum. The protocol is revered for its faster, low-cost transaction speeds and scalability.
According to CoinMarketCap data, Solana is one of the top ten cryptocurrencies worth $61 billion. The token that powers the ecosystem, SOL, attracted $2.5 billion in trading volume, trading at $133.
Investors looking for opportunities to develop small crypto portfolios and prefer to look beyond SOL can consider Solana meme coins like WIF, BONK, and BOME. This investigation also applies to well-endowed investors, but greater due diligence is required.
Solana Meme Coins to Buy – Dogwifhat (WIF)
Dogwifhat is the largest meme coin in the Solana ecosystem. It is a dog-inspired token like Dogecoin and Shiba Inu, however, relatively younger. Although new compared to DOGE and SHIB, WIF has seen impressive success since late 2023.
It has a vibrant community on various social media channels like X. The project follows the tagline of being “literally just a dog with a hat”.
Dogwifet price chart
Dogwifhat’s success is reflected in the growth in the value of WIF, the token that powers the project. Trading at $1.97 at the time of writing, WIF is up 2,805% from its all-time low.
However, due to the correction in cryptocurrency prices, dogwifhat is down almost 60% from its all-time high of $4.85. This means that investors who buy WIF are now receiving a huge discount. Due to the following, the meme coin could reach new heights in 2024 and 2025, making it a worthy investment in June.
Bonk (BONK)
Bonk is the second largest meme coin in the Solana ecosystem. It has a market value of US$1.43 billion, trading at US$0.000021. The project derives liquidity from its burn mechanism, with a maximum supply of 93 trillion tokens and almost 68 trillion in circulation.
Bonk price chart
The token was introduced via an airdrop to the Solana community in December 2024. It was the first meme coin to be released on the Solana blockchain. In addition to its burning mechanism, Bonk’s value depends heavily on its community.
As a highly speculative cryptocurrency, investors should expect volatility. Bonk has lost 55% of its value since the all-time high of $0.000047 reached on March 4, 2024.
MEME BOOK (BOME)
Again on Solana Blockchain, the BOOK OF MEMES stands out as a leading meme coin. It was launched in March 2024, attracting the attention of meme-focused crypto enthusiasts.
The project presented itself as the definitive meme library that offers long-term storage on the blockchain. It provides users with tools to create memes.
Its association with the Solana ecosystem gave the token a head start. This triggered a massive price increase, with some investors reporting that they made huge profits.
BOME price chart | Trading view
After exploding to its ATH of $0.028 shortly after launch, BOME’s value fell before stabilizing around $0.01. However, headwinds in the market this week pushed the meme coin to $0.0089. Despite trading 940% above its all-time low of $0.000858, BOME is a meme coin with the potential to be held long-term.
Related articles