In a bearish market, the coins with the most upside potential are typically meme coins. The coins that move less with Bitcoin price action and more with the tides of social media trends and the tidal forces of memes online.
Pepe has already skyrocketed 1,000,000% in 2023. Purely due to the community’s love of memes and the power of apeing in on a popular project.
In today’s climate, similar projects might be the best bet for a major, outsized gain. But which meme projects still have room to make that kind of upward move?
While Shiba Inu is a widely-known meme coin project, SHIB coin has seen a major price correction following the price spike seen in 2021 and is now almost down to its original price range again.
This coin could be majorly oversold, with massive upside potential once again on the cards for a project that has already shown itself capable of massive gains.
El Hippo is a new meme coin, posted 109% gains in its first month.
While the project is not yet fully established, the early gains are promising, as is the team’s statement that funds are being spent on influencer relationships and exchange listings. With 30,000 followers on social media and $4 million in market cap, the project is off to a good start, although only time will tell if it has what it takes to make it to the big leagues.
Dogelon Mars is essentially between the SHIB and HIPP in size and popularity. With $73 million in market cap, the project is no small fish. It has seen similar price action as SHIB in terms of a major price spike followed by a heavy correction.
Many crypto users have already seen hefty returns with Dogelon Mars. And there’s no telling where the price will go from here. It currently sits 78% below its all-time high seen in 2021. Meaning the sky is the limit when restoring itself to its former glory.
Getting in on the right meme coin early is a one-way ticket to the best gains available throughout the entire crypto space, as evidenced by the success of PEPE coin.
While its easier said than done, the three coins listed here are either so new or so far below their all-time high that they have the potential for massive upside price movements under the right conditions.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Wall Street just witnessed a big milestone as the first-ever spot ETFs for Solana (SOL),…
Bybit, one of the world’s largest cryptocurrency exchanges, has announced that it will halt new…
The TAO price prediction 2025 outlook aims for $678 target before the year concludes. This…
Avalon Labs has made a big move in combining artificial intelligence and blockchain. The company…
President Trump's pardon of Binance's CZ has sparked broader debates in the industry. The decision…
Looking for the best penny cryptos of 2025? On the list of the best cryptocurrencies…
