Panda Swap Rises over 35%: What This Means for Investors and Upcoming Meme Coin Opportunities
The Solana network is having an amazing 2024 so far. Not so long ago it was being written off as a failed experiment. Now, it has come so far that a recent CoinGecko survey shows that it is the most popular network among investors by a large margin. Solana is hoping to capitalize on its popularity with their swap platform Panda Swap ($PANDA) which is pumping by over 35% at the time of writing.
Solana’s rise in popularity has a lot to do with the meme coins that have come from its network. This new coin, which will revolutionize trading on the Solana network, could mean big things for some meme coin projects. We decided to make a list of the meme coins that are best suited to be profitable in 2024 and thus could be worth looking into on Panda Swap. Here they are:
- PlayDoge ($PLAY)
- Sealana ($SEAL)
- WienerAI ($WAI)
- Dogeverse (DOGEVERSE)
- Sponge V2 ($SPONGEV2)
All of these are presale tokens as we believe this is where the best opportunities for meme coin investors currently lie. Let’s take a look at each project and see why they can be stand-out meme coins in the future.
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What you'll learn 👉
PlayDoge- The exciting Doge alternative with a P2E addition
You will notice in the list of coins that there are two Doge alternatives listed. This is no coincidence as the king of meme coins has been struggling for some time. It is the perfect time for coins like PlayDoge ($PLAY) to launch. While Dogecoin (DOGE) is a coin of the past, new projects like this that have utility and unique features are likely to steal investors away.
The presale of PlayDoge has just begun but it has already raised over $380k. At the center of the project is the mobile-based P2E game that transforms the Doge meme into a Tamagotchi-style virtual pet. This 90s nostalgia move is a very clever one as their main target audience is likely investors who would have had the original Tamagotchi games when they were kids.
Sealana- Another Solana meme coin destined for big gains in the future
One Solana meme coin that investors will be looking for on Panda Swap is Sealana ($SEAL). We mentioned that meme coins had been the main force behind the success of the network in 2024. One of the main meme coins involved in this was Slerf Token (SLERF) which hit an incredible 24-hour trading volume of $2 billion back in March. Rumors have it the creators are also involved with Sealana.
The Seal is actually based on a character from a South Park episode called ‘Make Love Not Warcraft’ This man is considered to have no life because all he does is play World of Warcraft every day. The seal is a playful dig at negative crypto stereotypes as all he does is trade crypto all day. Meme coin investors love a good joke and that’s reflected in the presale which has already raised over $3 million.
WienerAi- The meme coin with virality and AI utility
The presale of WienerAI ($WAI) has just surpassed $3.4 million and what is most notable is the speed at which it is raising funds has increased in the last two weeks. This is likely following the announcement that the coin will have AI trading capabilities. This is a huge addition to the project as it adds utility and also it is the kind of utility investors crave in today’s market.
We also love the detailed background of the meme. The story begins in 2132 where we meet a mad scientist called the architect in a place called New Silicon Valley. He is planning an elaborate experiment to combine pups and AI. However, he accidentally drops a sausage into the mix and the end result is WienerAI. We think investors will love this mix of utility and a great story behind the meme.
Dogeverse- one of the most exciting presales of 2024 is ending soon
Dogeverse (DOGEVERSE) has been one of the most successful meme coin presales in living memory. It has raised well over $15 million but will end in four days. Investors still have a chance to buy the token in that period before listings begin. The Doge alternative is the perfect rival for Dogecoin as it is better built for today’s market and tomorrows.
Staking is an important part of this but even more so is the fact it’s a multi-chain token. In fact, it’s the first-ever project that will be available on six chains. Ethereum, Avalanche, Solana, and BNB Smart Chain, will be the layer 1 chains alongside Layer 2s such as Polygon and Base. Given Solana’s sudden rise from nowhere, being this versatile is likely to be a huge asset in the future.
Sponge V2- We can’t wait to play this exciting Spongebob racing game
We love a good meme coin/P2E game crossover and that is exactly what we get with Sponge V2 ($SPONGEV2). We also get a proven track record as this token comes from the same ecosystem as Sponge Token ($SPONGE) which was one of the biggest meme coins of 2023. The new token will be hoping to build on its success and the inventors have come up with a clever way to help that.
It’s called stake-to-bridge and how it works is like this; Investors who wish to purchase $SPONGEV2 must first purchase and stake $SPONGE. When they do so an equivalent amount of Sponge V2 is purchased and stored for them. Once the total allocation of version 1 is sold out, version 2 will launch and investors will get their new tokens and their staking rewards over a four year period.
How Panda Swap can help the Solana network rise even higher
We have discussed throughout this piece how Solana has been thriving in 2024. This means it’s the perfect time to keep building while the iron is hot. With Panda Swap ($PANDA) they are trying to do just that. The SWAP platform can bring in a whole new wave of investors that will likely trigger runs on some of the network’s most popular tokens.
Panda Swap offers a comprehensive suite of features including trading, yield farming, liquidity pooling, and project launches, all in one place. It also has some additional features that will help it stand out from the crowd such as stop-loss orders and lightning-fast swaps.
Conclusion
That concludes our analysis on Panda Swap along with some of the best meme coin opportunities on the market right now. We focused on the presale market and for good reason too. The low prices, ground-level entry opportunities, and unique properties are the perfect ingredients for explosive gains once listings begin.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
