Due to positive macroeconomic factors and the massive volume of new coins emerging each week, the meme coin market momentum is back.
Some coins like $THUG and $WSM have already carved a niche for themselves – even before their presale phases have ended. Others, like $FLOKI and $BONE, aim to surpass their previous highs.
This article explores five high-profile meme coins, while highlighting what prominent influencers and analysts have to say about their price potential.
1. Thug Life ($THUG)
The first is Thug Life ($THUG) – a major newcomer to the meme coin scene.
This gangsta-themed crypto is still in its presale phase, yet has now raised more than $1.4 million from early investors — all in less than two weeks.
Early investors can buy $THUG for $0.0007 and the token will launch on decentralized exchanges (DEXs) once the presale ends.
Many in the $THUG community expect these DEX launches to drive significant price increases given the instant success of the presale and Thug Life’s unique aesthetic.
Also, potential investors are keeping a close eye on the project’s trajectory, as the Thug Life roadmap details plans for a burn mechanism and a $100 million market cap.
Michael Wrubel, a prominent YouTube analyst with more than 310,000 subscribers, predicted that the token would grow 100 times and become the next Shiba Inu.
While this prediction may seem outlandish, the meme coin market has seen similar surges before – setting the stage for Thug Life’s value to skyrocket in the coming weeks.
2. Wall Street Memes ($WSM)
Wall Street Memes ($WSM) is another meme coin that is trusted by many in the crypto community.
Since its presale began in late May, Wall Street Memes has garnered more than $14.6 million in funding, which equates to roughly $300,000 raised per day.
The presale is now in phase 23 of 30, meaning investors can secure $WSM tokens for $0.0316.
However, the $WSM price will increase steadily between stages – meaning it is the lowest price prospective investors can buy.
The Wall Street Memes Telegram community is excited as the development team hinted at plans for Tier-1 CEX listings once the presale ends.
Moreover, the Crypto Pulse YouTube channel listed $WSM as one of the best meme coins to invest in – even to the point where it was said to be 1000x.
This prediction generated even more excitement from early investors, hinting that Wall Street memes could be the next big meme coin success story.
3. Floki ($FLOKI)
Floki ($FLOKI) is a meme coin inspired by Elon Musk’s Shiba Inu dog and shares the same name.
Like the many dog-themed coins flooding the meme coin space, $FLOKI aims to combine humor with real-world utility — while giving back to charity.
This latter aspect is a crucial pillar of Floki’s ecosystem, as evidenced by the fact that the developers have vowed to build a school on every continent.
The developers’ mission is well underway, with “floki schools” already located in Guatemala, Ghana and Laos.
According to CoinMarketCap, $FLOKI is currently the fifth largest meme coin in the world by market capitalization.
$FLOKI price has risen 12% in the past three days – low-cap crypto analyst Altcoin Daily believes it is headed higher.
Altcoin Daily recently released a video stating that $FLOKI could even reach the $1 price level in the coming years.
With its rising price and a ringing endorsement from Altcoin Daily, these signs are promising for Floki’s future.
4. Bone Shiba Swap ($BONE)
As its name suggests, the Bone Shibaswap ($BONE) is closely related to the Shiba Inu ($SHIB) habitat.
Simply put, $BONE serves as the governing token for ShibaSwap, a DEX created by the Shiba Inu community.
$BONE holders can vote on proposals and access NFT collections, although the token can also be used to provide liquidity on the DEX.
Investors looking for a passive income stream can even invest their $BONE holdings – the 24h APY is set at an attractive 0.44%.
Like the meme coins mentioned above, Bon Shibaswap has attracted widespread attention, cementing its position as one of the most traded tokens.
Lockridge Okoth, an analyst working at FXStreet, recently predicted that the $BONE price could reach $1.636.
If this happens, it will represent a 27% increase from the $BONE price at the time of writing.
5. Baby Dog Coin ($BABYDOGE)
Finally, Baby Dog Coin ($BABYDOGE) is another meme coin that aims to capitalize on the cultural appeal of the original Dogecoin ($DOGE).
This inflation token has a built-in reward system whereby 5% tax is taken from every $BABYDOGE transaction and distributed back to the token holders.
Additionally, the token’s ecosystem contains a “baby doge swap” feature that allows crypto traders to exchange tokens on the Binance chain.
The ecosystem even contains a branded NFT collection, which is now completely sold out.
YouTube analyst Crypto Galaxy has uploaded a complete breakdown of where he thinks the $BABYDOGE price will go in the coming years.
Interestingly, Crypto Galaxy predicts that by 2025, the value of the token will be $0.0000005 – which will be 36,000% higher than the current price.