The online prediction marketplace, Polymarket, where users can bet with crypto, saw $1.1B in Superbowl bets yesterday. One person took home a tidy profit of $550K while another lost $718K.
Polymarket demonstrates that crypto is trickling down to the masses who can use it for anything, including betting on their favorite football team. That’s why potential profits are to be made by getting in now on the best altcoins to buy.
Below, we go over the five best meme coins you should be laser-focused on for your investment portfolio.
1. Solaxy ($SOLX) – Invest In The Next Generation Of Solana
The Solana blockchain is becoming immensely popular, especially with President Trump and First Lady Melania Trump launching $TRUMP and $MELANIA there. But it only served to highlight Solana’s underlying structural issues.
Solaxy ($SOLX) is a coin set to build Solana’s first Layer-2 (L2) chain, which will hopefully eliminate many of Solana L1 issues. This includes bottlenecks at peak times, failed transactions, and high transaction fees.
Holders of Solaxy will not only get a nice staking APY of 212% and a coin price of $0.00163, but also get voting and governance rights to take part in future Solaxy decisions, and influence the future direction of Solana.
Investing in Solaxy is like investing in yourself. By buying into a project that sets to improve one of the most popular blockchains in the world, you’re ultimately benefiting yourself in the long term.
2. Wall Street Pepe ($WEPE) – Get Unique Crypto Market Insights
Wall Street Pepe ($WEPE) isn’t a presale anymore, but it was one of the most successful presales in history, having raised over $70M. It’s about to go live on exchanges, which means lots of trader action and a good probability of making a nice return on your investment.
Since $WEPE is now out of presale, there’s no staking APY and no cheaper coin price to be had. However, once it hits exchanges, you can quickly buy some $WEPE and wait for traders to fight amongst themselves. If the price goes up, you could collect a nice little profit.
You will also get access to unique crypto trading insights as a side benefit, which only the big investors usually have access to. $WEPE developers have dubbed their community the ‘The Frog Army.’
3. Meme Index ($MEMEX) – Invest In One of Four Crypto Funds
Another coin still in presale is Meme Index ($MEMEX). Like Solaxy, Meme Index is investing in the future by making it easier to invest in meme coins.
Memecoin investments can sometimes be a rather risky affair.
If you back the wrong horse, you could lose everything. Meme Index aims to address this by introducing 4 investment funds with 8 meme coins in each , ranging from very safe to very risky.
Therefore, if one meme coin fails, the rest of your investment is spread over the others.
If you buy into the $MEMEX presale, you can currently collect 651% in staking rewards, and potentially profit from a current coin price of $0.0160352. Coin holders will also get voting and governance rights to decide on future ecosystem decisions.
4. Popcat ($SOL) – Ride the Feline Wave of a 40% Price Increase
The crypto markets took a bit of a dive last week, but the long-term viability of a crypto coin can be measured in how fast it’s recovering and rallying again.
Popcat ($SOL) is one such coin with it dropping to $0.02069 last week, and this week rising to $0.03032. This amounts to an almost 39% increase, and a market cap creeping up on $300M.
There doesn’t appear to be any real-world usage for Popcat (unlike Solaxy or Meme Index).
But with a bullish sentiment on CoinMarketCap of 77%, it looks to be a viable investment opportunity worth thinking about.
5. Vita Inu ($VINU) – Fast & Free Transactions to Compete With Other Blockchains
Another crypto coin doing an impressive job of a comeback from last week’s hiccups is Vita Inu ($VINU).
$VINU (which sounds like a fine Italian wine) has done a huge jump from $0.071338 last week to $0.074217 today. That’s an almost 200% increase and a respectable market cap of almost $38M.
According to its website, Vita Inu is a blockchain which offers ‘fast, free P2P payments, including cross-border remittances, improves gaming experiences through frictionless in-game trading, and promotes Web3 micropayments for content creators to monetize their work.’
Blockchains usually have to charge fees due to the costs involved in processing transactions, so fast free payments are sure to catch people’s eye.
While real-world utility is not always a guarantee of long-term success, a fee-less transaction selling point could turn this project into a winner.
Before Investing, Do Your Research!
Although we put a lot of analysis into each recommendation, we can’t possibly guarantee you’ll make a profit.
Do your own research, consult various authoritative sources, come to your own conclusions and don’t buy into the hype. Then, decide how much you can afford to lose if it all goes sideways.
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