As the entire crypto market says buy to Bitcoin halving, altcoins (especially memecoins) are back in action. With major companies like BlackRock, Vanguard, and Fidelity buying bitcoins, it is safe to say that altcoins are only available as true decentralized cryptocurrencies that have the loyal support of retail investors. During this bull run, most retail investors are looking to buy the 5 altcoins after they have course-corrected in the post-halving market.
- MAGA VP
MVP is a token on the Ethereum platform that falls under the new memecoin narrative dedicated to politics. By using buy/sell taxes, the MAGA VP token provides passive rewards to $MVP holders using TRUMP tokens. The second trump token helps grow the MAGA TRUMP community. The total supply of MVP tokens is set at 50 million, and it represents the Vice President candidate, marking an important milestone for MAGA VP holders.
A special tax system for tokens directs 2% towards parts of the Trump ecosystem; 1% is aimed at providing TRUMP rewards to MVP holders to boost community involvement, while an extra 0.5% is used for marketing efforts to increase exposure and visibility. Additionally, 0.25% goes into each of the TRUMP LP and MVP LP to strengthen liquidity and stability in the ecosystem. In just two months since its debut, MAGA VP has shown a growth of +320.97%, showcasing the steadiness of the supporters.
2. DOGEVERSE
Doge verse introduces a token serving as a cryptocurrency leveraging technology similar to established cryptocurrencies such as Ethereum Blockchain and EOS Blockchain. It is the world’s first multi-chain Doge token and is inspired by the escapades of Cosmo, the chain-hopping Doge. The DOGEVERSE represents an advancement in the technology domain, uniting different cryptocurrency communities that have a fondness for Doge memes and a shared objective of establishing a unified ecosystem spanning various platforms, like Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base. Currently, the meme token is in its third presale, which makes it a perfect opportunity for investors to diversify their portfolios.
3. Slothana
The SLOTH token, a meme coin, has managed to raise more than $15 million during its presale, showcasing the increasing fascination with meme coins in the Solana ecosystem. The project’s early stages have shown promise by drawing interest from many investors. With Slothana gearing up for its launch, the crypto community has been keeping an eye on the project’s development and how well the SLOTH token performs.
The goal in mind while creating the SLOTH token has been to redefine traditional work structures and showcase how daily trading can also be taken up full-time. Users have the opportunity to reserve SLOTH tokens by sending SOL tokens from their crypto wallets. The rate is set at 10,000 SLOTH per SOL invested. Slothana has garnered attention not only for its impressive advertising and marketing efforts but also for its potential for success as a memecoin, according to analysts.
4. Shiba Inu
Shiba Inu (SHIB) has become a well-known and successful meme token that has gained popularity recently. Originally starting as a memecoin it was created by developers who built an ecosystem around the token, which includes the establishment of Shibarium, a dedicated L2 chain. Shiba Inu is currently being traded at $0.00002203. The price increased by 4.47% in the last 24 hours after the FED interest rate decision, reflecting the market indecisiveness. However, when compared to other memecoins like DogeKiller and Slerf, Shiba Inu keeps leading the race.
5. SLERF
In the month of March, trading activity on the Solana chain hit a peak not seen in over two years, with memecoins like Slerf, Snap and Siba Inu experiencing trading volumes on decentralized exchanges (DEXs) as per reports from CoinMarketCap and DEX Screener. According to DEX Screeners data Slerf, the memecoin to Solana recorded a trading volume of around $2 billion on March 19 2024, contributing to Solanas transaction volume exceeding $11 billion. This uptrend brought momentum to the market after the FTX collapse in 2022.
The buzz around Slerf intensified when a developer accidentally sent $10 million in raised funds to a burn address leading to an increase in Slerf’s value. Currently, Slerf is priced at $0.34 showcasing a 18.33% increase in 24 hours.
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