Meme coins are probably going to pump the hardest.

Raise your hand if you missed Dog With Hat.
Don't worry, many of us, including me, missed that one too.
But based on previous cycles in the general hype around memes, there's no reason to be sad.
There will be many other memes that have the potential to give you insane returns, like 20x, 100x, or even more.
If you've been following our educational articles, you will remember our discussions on the potential of the altcoin season.
We talked about how money cycles from Bitcoin to Ethereum to other large-cap coins, and eventually down to altcoins.
This is great news for memecoins because when altcoin season comes, it will be one of the hardest and craziest pumps.
And guess what?
Meme coins are probably going to pump the hardest.

Exploring Lesser Known Meme Coins

Now, I know you guys are probably interested in meme coins because, well, dogs are great.
Obviously, there has been crazy money made from dogs like Dogecoin, Shiba Inu, Bonk, and our newest darling, Dog With Hat.
However, there are literally thousands of meme coins out there.
Most are absolute trash, but some of them could give us that big gain we're looking for, maybe even 100x.
Instead of just looking at dog pictures, maybe we can try to look into other animals and explore a little farther afield.
In the next few minutes, let's take a look at five lesser-known but potentially high-potential meme coins that have some surprisingly big backers.

Puff the Magic Dragon

Our first meme coin is Puff the Magic Dragon $PUFF.
No, it has nothing to do with the song.
It was launched on March 4th on the Mantle Network. The Mantle Network is an Ethereum layer-two scaling solution that enhances speed while lowering fees. What's interesting is that Mantle is backed by Bybit, which, by association, is beneficial to $PUFF.
What sets Puff apart is that it's a novel meme coin set to redefine the category. Most meme coins have zero utility.
You just buy them because you like dogs or find the meme funny, and then you hold them hoping the price will go up. But Puff is different.
It provides an interactive storytelling experience divided into six different chapters.
Holders get to make decisions along the journey. Puff also has a unique five-part airdrop happening over three months. Token holders will have a choice to either keep their meme coins or burn them and receive a non-meme token.
The exact details of the non-meme token are yet to be announced.
Being a community token on Mantle, Puff gives holders a real sense of belongingness.
The community is crucial when dealing with meme coins.
It can propel any project to success, as seen with the Shiba Inu army or the Flaky Vikings.

Coq Inu

If you're looking for a meme coin that sounds a bit more sophisticated and culturally appealing, there's Coq Inu COQ.
Inu is the Japanese word for dog, and Coq is the French word for rooster.
Don't let your mind go in the gutter.
The combination adds a layer of recognition and cuteness to the meme coin, playing on the popular dog-themed meme culture.
Inu Coq stands out because it's one of the first meme coins launched on the Avalanche Network. Avalanche is known for its fast speed of 4,500 transactions per second and significantly lower gas fees compared to Ethereum.
This is a significant advantage for investors and people looking to venture into the world of meme coins without high fees hampering frequent trading.
Inu Coq also enjoys the first-mover advantage within the Avalanche ecosystem, making it harder to dethrone.
In terms of tokenomics, Inu Coq has a total supply of 69.420 (a funny number).
The founders took no tokens for themselves initially, and there was no pre-sale event, ensuring a fair distribution of tokens on the market.
The backing from major exchanges like Kucoin, Bybit, and Crypto.com further adds to its potential.

Foxy on Linea

The third meme coin on our list is Foxy FOXY, based on the Linea Ethereum layer-two scaling solution.
There isn't much information available about Foxy online, but that's what makes it intriguing. It's one to keep on your radar.
Foxy is marketed as a community token for the Linea Network, which is a promising Ethereum layer-two solution.
Backed by $720 million from ConsenSys, the company behind the popular crypto wallet MetaMask, Foxy enjoys significant support from one of the leading Ethereum development studios.
The early interest surrounding the project is evident from its account on X, which already has over 400,000 followers.
Although Foxy is still in its early stages, it recently had an NFT minting campaign where participants were able to mint Foxy NFTs.
More events are expected as the project progresses before the actual token launch.
Keep an eye out for potential airdrops or other exciting developments.

Polkadot-Based Dead Deed

The fourth meme coin is the Polkadot-based Dead Deed, which is causing quite a stir at the moment.
The airdrop mechanics had a last-minute overhaul as the Polkadot governance board refused to fund the final funding request.
This led to the people behind Dead Deed taking the project private and significantly altering the tokenomics.
While this caused a reduction in the size of the airdrop and initial circulating supply, it also reduced the potential for price manipulation.
If you held DOT on any self-custody native wallet, such as Nova, Talisman, or The Fearless wallet, you would have been included in the snapshot for the airdrop.
Exchanges did not count for the airdrop, so make sure to check your wallet for any potential Dead Deed tokens.
Dead Deed has a fixed supply of 1 trillion tokens, with only 5% allocated for the airdrop.
The rest of the tokens are held for investors, the team, the growth fund, and a strategic reserve. While it may not be the first Polkadot meme coin to hit the market, it's one of the earliest and could be something to pay attention to, especially considering the success of other meme coins like Bonk.

Jupiter's Love Letter to the W Bros

Finally, we have Jupiter, a Solana-based DEX aggregator, with its meme coin titled "A Love Letter to the W Bros."
Jupiter's team turned the "when" phenomenon in the crypto space into a fractional NFT called the "when token."
Each when token represents fractional ownership of the poem titled "A Love Letter to the W Bros."
To make this happen, the team invented the When New Standard (WNS), an open-source creation system for NFT projects that can be used by any community member.
Jupiter's when token had a supply of 1 trillion tokens, with 70% distributed through an airdrop to over a million wallets.
A liquidity pool held 20% for trading and draining, while 10% went to the when treasury.
It's worth noting that about a quarter of the tokens were left unclaimed and subsequently burned, reducing the supply.
Jupiter's when token is a cat coin, adding to the variety of meme coins in the market.
If you're into cat coins and appreciate the humor around the "when" phenomenon, it's definitely something to check out.
Keep an eye out for potential airdrops or other upcoming events surrounding Jupiter and the when token.

To sum it up

While it's impossible to predict which meme coins will achieve 100x or more returns, it's clear that community-driven projects with the backing of major foundations and protocols have the potential for success.
The five meme coins we explored - Puff the Magic Dragon, Inu Coq, Foxy on Linea, Dead Deed, and Jupiter's When Token - all have unique features, strong community support, and backing from significant players in the crypto industry.
Remember, investing in meme coins comes with risks, and it's essential to do your own research before making any investment decisions.
The information provided here is for educational purposes only and should not be considered financial advice.