9 Meme Coins With Moon-Worthy Potential Ahead of the Halving
These meme coins are set to shoot upward as the Bitcoin halving approaches.
JasmyCoin (JASMY-USD): The IoT utility coin is trending at the moment.
Shiba Inu (SHIB-USD): Shiba Inu just exploded in value and very well may again.
Dogecoin (DOGE-USD): Dogecoin is getting bullish again. The excitement around the upcoming Bitcoin (BTC-USD) halving has the meme coin market extremely excited and bullish. The exact date of the next having is difficult to accurately predict. That is true because it is based on the date when the 840,000th block is mined. Forecasts currently expect it will happen in April.
Shiba Inu (SHIB-USD) is surging as I write this. In the past 24 hours, it has increased in value by nearly 50%. It’s up more than 280% over the last month. That is an excellent representation of its volatility. When that volatility works in investors’ favor, the results are very positive.
Pepe (PEPE-USD)
Crypto coins on a phone screen showing stats for various cryptocurrencies.. Cryptos to Buy Before the Market Swing. rising meme cryptos.
Pepe (PEPE-USD) is a relatively new meme coin having been around for less than a year. In that short time, it has produced two distinctive upward spikes that have resulted in lifetime gains of more than 13,500%.
Shiba Inu (SHIB-USD)
A concept token for the Shiba Inu or SHIB crypto with lights sparkling in the background.
Shiba Inu (SHIB-USD) is surging as I write this. In the past 24 hours, it has increased in value by nearly 50%. It’s up more than 280% over the last month. That is an excellent representation of its volatility. When that volatility works in investors’ favor, the results are very positive.
The Dogecoin (DOGE-USD) killer is relevant again. It is likely to only become more so as we approach the mining of Bitcoin’s 840,000th block.
Some speculators believe Shiba Inu can dethrone Dogecoin. Part of the reason is the number of new Shiba Inu accounts increased by 20 times in February compared to January. March is still relatively young, but the upward price trajectory during the month suggests that the trend is continuing.
Dogecoin (DOGE-USD)
Dogecoin coins with doge faces peeking out of brown leather wallet. The coins have the words "wow much coin how money" embossed on them.
Source: shutterstock.com/Igor Igorevich
Dogecoin is becoming bullish again in the approach to the Bitcoin halving. Expect to hear a lot more noise around the question of whether Dogecoin can hit $1 this time around.
That has long been one of the goals of the original meme coin. It reached a peak of 73 cents in May of 2021. Ultimately, however, Dogecoin proved incapable of reaching that threshold even with the support of Elon Musk and his social media influence.
Pepe (PEPE-USD)
Crypto coins on a phone screen showing stats for various cryptocurrencies.. Cryptos to Buy Before the Market Swing. rising meme cryptos. altcoins
Source: Chinnapong / Shutterstock
Pepe (PEPE-USD) is a relatively new meme coin having been around for less than a year. In that short time, it has produced two distinctive upward spikes that have resulted in lifetime gains of more than 13,500%.
I railed and railed against Pepe after its first spike and immediate decline in early May of 2023. I incorrectly believed it was going to die a slow death in which it would never again test those former highs. I was wrong. It has since risen nearly 300% above that initial high. It will likely continue to rise again as the Bitcoin halving approaches.
It’s hard to define Pepe’s utility, yet it does have some interesting aspects nonetheless. For example, Pepe is what is known as a deflationary meme coin. That simply means a portion of its supply is burned every time a transaction occurs.
Solama (SOLAMA-USD)
An image of different crypto coins imposed with binary code.
Solama (SOLAMA-USD) is a meme coin that leverages Solana’s (SOL-USD) blockchain. The project, like many others, uses humor and unique marketing to attract investors.
In Solama’s case, it marketed itself as the Unofficial Solana mascot. It may just be me, but the combination of the Llama mascot and the leverage of the Solana name somehow made me laugh. Frankly, that may be enough. The world of meme coins is all about whimsy and comedy. Projects that successfully leverage those factors have the potential to build large audiences quickly.
I have to assume that Solana supports the project to some degree: Solama’s homepage prompts users to create a wallet and get some SOL. It can really only help Solana by increasing its user base and, in turn, driving demand higher.
Dogwifhat (WIF-USD)
A photo of various crypto coins on a black surface.
Source: WHYFRAME/ShutterStock.com
Dogwifhat (WIF-USD) began trading just before Christmas. It is the youngest meme coin on this list. In its short life, it has gone from 17 cents to $2.
Like Solama immediately above, dogwifhat is another Solana meme coin. It is another coin with a bit of a strange origin story. The reason it has so much attention is its connection to a picture of a dog wearing a hat. The “wifhat” term has caught on.