Meme Coins With Potential: Three Undervalued Options to Consider

Introduction

Meme coins like Dogecoin and Shiba Inu have significantly impacted the crypto landscape with their remarkable price increases, making assets with minimal utility highly desirable for investment. However, with the market capitalizations of Dogecoin and Shiba Inu already substantial, meme coin investors are now focusing on lower-cap meme coins with the potential for higher returns. In this report, we will examine three meme coins under the $100 million market capitalization mark that could offer better returns compared to Dogecoin and Shiba Inu.

MYRO Joins the Ranks of Meme Coins With Potential

MYRO, a meme coin built on the Solana blockchain, gained popularity following the success of BONK. It quickly rose to over $400 million in market capitalization after listing on Binance perps. However, MYRO has since been one of the worst-performing meme coins, falling below $100 million market capitalization and currently sitting at around $60 million. This decline has placed it among the meme coins that could experience a significant rally after a price bounce.

According to CoinGecko data, MYRO is currently 87% below its all-time high of $0.44. A return to its peak would result in a nearly 10x increase, offering higher upside potential compared to Dogecoin and Shiba Inu with their billion-dollar market capitalizations.

Kekius Maxiumus Joins the Ranks of Dogecoin and Shiba Inu

Kekius Maxiumus is another meme coin with significant potential and is the only one on this list that has received support from billionaire Elon Musk. After its launch in December 2024, Elon Musk changed his X profile picture to the Kekius Maxiumus mascot, causing the price to surge. This puts Kekius Maxiumus in the same league as Dogecoin, which has also received public support from Elon Musk.

Although Kekius Maxiumus has since fallen 80.8% from its all-time high of $0.4011 after Musk changed his X profile picture, it is one of the meme coins with the potential to rebound 10x from its current price. If Musk were to show public support for it again, it could experience a significant price increase.

Cornering Solana Meme Coins With SLERF

SLERF is one of the many meme coins that rose to prominence during the legendary Solana run of 2024. Since then, SLERF has experienced a few twists and turns, ending up with its market capitalization falling below $100 million. However, all hope may not be lost for this fast-riser.

Back in November, the SLERF token was listed on Binance perps, resulting in a 40% surge in a single day. Currently, SLERF is sitting 87.6% below its $1.30 all-time high and presents a possible 10x rise if it returns to its peak. With the support of volume from Binance Perps, this could be one of the meme coins that outperforms Dogecoin and Shiba Inu this cycle.

Conclusion

MYRO, Kekius Maxiumus, and SLERF are three meme coins under the $100 million market capitalization mark that could offer better returns compared to Dogecoin and Shiba Inu. With their potential for higher upside and relatively lower market capitalizations, these meme coins may be worth considering for investors looking to diversify their portfolios.

FAQs

Q: What is a meme coin?

A: A meme coin is a type of cryptocurrency that is often created as a joke or a parody of existing cryptocurrencies. However, some meme coins have gained popularity and value in the market.

Q: Why are meme coins popular?

A: Meme coins are popular because they often have low market capitalizations and can experience significant price increases if they gain popularity. This can make them attractive to investors looking for high returns.

Q: Are meme coins a good investment?

A: Whether meme coins are a good investment depends on the individual investor’s risk tolerance and investment goals. It is essential to do thorough research and consider the potential risks before investing in any cryptocurrency, including meme coins.

Q: How can I invest in meme coins?

A: You can invest in meme coins by purchasing them on cryptocurrency exchanges or through other investment platforms. However, it is crucial to ensure that you understand the risks involved and have a solid understanding of the investment before proceeding.

Q: What is the potential for meme coins like MYRO, Kekius Maxiumus, and SLERF?

A: The potential for these meme coins is significant, with the possibility of 10x returns if they experience a price increase. However, it is essential to remember that investing in cryptocurrencies is a high-risk, high-reward activity, and it is crucial to do your research and understand the potential risks involved.

Q: Can I use my credit card to invest in meme coins?

A: No, it is generally not recommended to use a credit card to invest in cryptocurrencies, including meme coins. Credit cards often come with high interest rates and fees, which can make it difficult to manage your investment. It is recommended to use a debit card or other payment methods specifically designed for cryptocurrency transactions.