The meme coin supercycle is underway, with Popcat and First Neiro On Ethereum leading the rally and both hitting new all-time highs on Monday.
The NEIRO coin broke a multi-week descending trendline on Sunday and is up by nearly 90% since.
Meanwhile, Popcat has posted the second-highest monthly gains of any top 100 cryptocurrency, only behind NEIRO.
While both projects are regarded as blue chip meme coins, the key debate is which is the best meme coin to buy for the upcoming bull run.
Meanwhile, a few whales and smart money investors are stacking low-cap meme coins like Memebet Token and Flockerz, owing to their high upside potential.
NEIRO Coin – Next Billion Dollar Meme Token?
After a brief cooldown period of consolidatory price action, First Neiro On Ethereum has resumed its meteoric ascent.
It skyrocketed by more than 3500% after its surprising Binance spot listing, rallying from a $15 million market capitalization to $535 million. After breaking its multi-week descending trendline on Sunday, it recorded another 90% growth, reaching a peak valuation of $782 million before a marginal pullback.
Prominent crypto investor TraderSZ now projects that the NEIRO coin is headed to the $1 billion mark.
Considering the over 200% spike in its 24-hour volume – the majority of which is from Binance – there is a considerable possibility of a bullish continuation.
Popcat – Will It Reach $10 Billion?
Popcat has been one of the strongest-performing meme coins during this bull cycle. In particular, it has been an excellent beta play on Bitcoin, delivering outsized returns with every marginal bounce in the BTC price.
It has also outperformed every large-cap meme coin, including Dogecoin, Shiba Inu, Pepe and Dogwfihat. Furthermore, experts believe it is extremely close to flipping Floki and Bonk in terms of market capitalization.
Prominent investor artsch00lreject projects that the Popcat coin could hit the $10 mark sooner than expected, which would mean nearly 8x returns from its current price.
Neiro Coin Versus Popcat – Which Is The Best Meme Coin To Buy?
As previously stated, experts have both Popcat as well as First Neiro On Ethereum on their list of best meme coins to buy, considering each has its unique selling points.
For instance, the NEIRO coin has strong support from Binance. Not only did the exchange list it on its Spot and Futures platform, but Binance co-founder He Yi praised the project owing to its decentralized nature, calling it a “good meme”.
It is therefore not a surprise that the meme coin recorded a 24-hour trading volume of over $1.2 billion on Monday, the 10th highest of any top 100 cryptocurrency on CoinMarketCap.
First Neiro On Ethereum is also a relatively smaller coin with a current market cap of $700 million, as compared to Popcat’s $1.3 billion valuation.
However, experts believe that the Popcat coin could be on its way to becoming the largest Solana meme coin, considering its outperformance in comparison with WIF and BONK.
Furthermore, Popcat has already been one of the top crypto gainers during this bull cycle, without a Binance or Coinbase listing. However, experts believe that a Binance listing is imminent, which would only accelerate the ongoing rally.
Consequently, NEIRO and Popcat are excellent investments and a diversified portfolio comprising both projects could be ideal for reaping the maximum returns in the next bull run.
Low-Cap Meme Coins Are Also In High Demand
The aforementioned crypto investor TraderSZ purchased the NEIRO coin when it was a low-cap token, with a market cap of just under $2 million. Assuming he hasn’t taken any profits, his investment has already grown 400x.
Not every project offers such outsized returns. However, low-cap meme coins remain the quickest way to create rags-to-riches stories in the crypto market, hence the high demand.
For instance, the new Memebet Token (MEMEBET) already has over 1000 buyers in its presale and has raised over $384k in early fundraising.
MEMEBET is the native cryptocurrency of the Memebet Casino, the new meme coin-based gambling platform which recently became the regional sponsor for the Argentina National Football Team, champions of the footballing world.
With its Telegram-based UI, integration with top meme coins and attractive P2E airdrops, Memebet Casino is looking to compete for Rollbit’s market share. Considering its low-cap status, experts believe that MEMEBET could offer up to 100x returns.
Similarly, a new vote-to-earn meme coin Flockerz (FLOCK) is also in high demand, having already raised over $500k in its presale.
FLOCK is a utility-driven project, featuring attractive rewards for holders. At its core is the Flocktopia DAO, which largely comprises token holders. They can vote on key issues regarding the project’s governance and earn attractive rewards.
Meanwhile, presale FLOCK buyers can stake their coins and earn attractive passive income, currently at an APY of over 3700%.
Similar to MEMEBET, prominent investors are viewing Flockerz as the next 100x crypto.
