thecryptobasic.com
Whale Insider, a crypto-focused X account with 211K followers, has outlined 14 cryptocurrencies in the meme coin market that could transform a mere $1,000 investment into a $100,000 fortune.
The X account sorted the meme coins based on their current market share. It suggested investors could potentially earn a 100-fold ROI from the tokens.
Remarkably, Whale Insider’s recommendation was largely dominated by meme coins developed on the Solana blockchain. Leading the pack was Dogwifhat (WIF), which has gained prominence for its extraordinary performance in the early stage of this bull market.
Established Solana Meme Coin Set for 100X
According to the latest figures, WIF now commands a market share exceeding $2.7 billion, ranking right behind industry contenders Shiba Inu and Dogecoin. Amid the crypto market’s relief rally, WIF has already recorded over 20% increase in the last 24 hours. However, its top rivals, SHIB and DOGE, witnessed below 8% gains.
Notably, WIF has proven its capability to turn $1K to $100K within the last five months alone. The Crypto Basic previously reported the story of an early adopter who realized a 630,000% return on investment via WIF.
Despite the Solana meme token’s established stance, Whale Insider believes individuals adopting the asset still stand a good chance for a 100X.
Next in line was another Solana meme coin, Book of Meme (BOME), which has a market cap of over half a billion dollars. BOME has also proven itself to be an attractive investment instrument in the meme space.
Remarkably, while BOME recorded an all-time low of $0.000858 on March 14, per CoinMarktCap data, the asset registered an all-time high of $0.02805 two days later. The trajectory represents an astonishing 3,169.2% growth in under 48 hours.
Interestingly, BOME is less than three months old but has secured a listing from the most prominent crypto exchange, Binance. Other leading trading platforms, such as HTX, KuCoin, and Gate.io, have also listed the meme coin.
Despite the current market dip, BOME has maintained a 925.39% gain in its two-month rally. Whale Insider expects BOME to soar by 10,000% this bull season.
Other Meme Coin Capable of 100X
Other notable Solana meme coins spotlighted include Cat in a Dogs World (MEW), which trails BOME with a cap exceeding $505 million, and Joe Boden (BODEN), which pays homage to U.S. President Joe Biden.
The recommendation also encompassed SLERF, WEN, MYRO, NUB, BLOOK, DUKO, SOLAMA, and LUIC, all of which are Solana meme coins. The two non-Solana meme coins featured were ROOT and TOSHI tokens, hailing from the BASE network.