It’s meme coin season in the crypto market. Meme projects like Wojak and Pepe coin got the ball rolling with huge pumps, then Elon Musk jumped in with a tweet about memes, and the crypto market went into a frenzy.
Now, traders are on the hunt for the next explosive meme coins to buy while the market is hot. Crypto influencers and analysts have homed in on three new projects as having huge potential: Wall Street Memes, AiDoge, and $SPONGE.
Wall Street Memes Launches Presale with a Bang, Targets $30M Raise
Wall Street Memes is the newest meme coin to hit the market – and has done so with a bang.
The project’s presale launched on May 25, and raised more than $200,000 in its first 24 hours.
The project has enormous potential, with the developers behind previously responsible for the Wall St Bulls NFT collection, which sold out within 32 minutes when it launched in 2021. The team also has close ties to the r/WallStreetBets Reddit community, and across its social media channels has more than 400,000 combined followers.
As well as the token presale, hype is also building over an upcoming Ordinals NFT collection, with only 420 available to mint and fierce competition for whitelist places.
Wall Street Memes is also ambitious. The project plans to sell 50% of its 2 billion token supply, giving the presale a hard cap of $30.577 million. The project’s developers haven’t allocated any tokens to themselves, showing just how dedicated they are to the success of Wall Street Memes as a community-driven token.
Right now, Wall Street Memes is in Stage 1 of the presasle and early investors can buy $WSM tokens at $0.025 each. That’s a 35% discount from the planned list price of $0.0337, so there’s a lot of incentive to get in early.
But investors have to hurry if they want to lock in the best price. Stage 1 of the presale is already 40% sold out and the remaining tokens are going fast.
Visit Wall Street Memes Presale
AiDoge Presale on the Verge of Selling Out, Hotly Anticipated ICO Ahead
AiDoge, a meme project that’s leveraging generative AI to create new viral memes, has had one of the most successful crypto presales of the meme frenzy.
The project has raised more than $14.75 million and is just hours away from hitting its $14.9 million hard cap.
That means investors who want to buy AiDoge before it hits exchanges have to act right away. Once the presale is sold out, the only way to buy $AI tokens is through trading on the open market, with one crypto analyst predicting that $AI could skyrocket 50x once trading begins.
AiDoge has been so successful thanks to its unique utility. The project team is building an AI algorithm that will enable users to create viral memes in seconds. Users just need to describe the meme they want to create and the AI will take care of the rest.
So, users don’t need any graphic design skills to create the next viral meme. They can also mint their meme as an NFT, making it easy for individuals to verifiably prove that they are behind the next trending meme, while the best creations will be rewarded with $AI tokens.
Users who stake $AI tokens will earn daily credits to generate memes with the algorithm. This approach provides real utility behind this meme coin and incentivizes long-term investment in $AI.
The presale is 99% sold out, so don’t miss this final chance to grab $AI before the ICO.
$SPONGE Consolidates After Explosive Launch, Readies for Next Move Higher
Meme coin $SPONGE held an explosive launch earlier in May that saw the token jump more than 3,000% from its direct-to-Uniswap listing.
While $SPONGE has since fallen back to earth, the token appears to be consolidating rather than fading – another move higher could be in the works.
One of the key advantages $SPONGE has over other meme coins is that it’s available on a number of major centralized exchanges, with traders able to access $SPONGE on Gate.io, MEXC, LBank, Poloniex, CoinW, and more.
So, when $SPONGE begins its next pump, trading volume can shoot up exponentially.
The project also has the benefit of being based on a familiar, widely used subject for memes: the Spongebob Squarepants TV show.
The show was one of the longest-running and most popular kids’ TV shows in the early 2000s and many of the kids who grew up watching it are now in the prime mid-20s to early-30s demographic for crypto trading.
There are already signs of a $SPONGE resurgence, with the token up 8.7% in the last 24 hours and trading volume is up to $2.35 million according to CoinMarketCap.
$SPONGE remains 85% below its all-time high, so traders could consider that a potential price target for the next climb.