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Meme coins have gripped the crypto market in 2024.
Thanks to tokens like dogwifhat (WIF) and Book of Meme (BOME), investors are seeing that the silliest projects can often yield the biggest gains.
With that in mind, this article examines five lesser-known (but promising) meme coins that, if all goes well, could hit the $1 milestone in 2024.
1. Sealana (SEAL)
Capturing the attention of Solana meme coin hunters is Sealana (SEAL) – a quirky project featuring a South Park-inspired seal character.
Sealana is a purely speculative play in its presale phase that has no real utility beyond its meme appeal.
Currently, investors who swap 1 SOL will receive 6,900 SEAL tokens.
Over $260,000 has been raised in just one week thanks to this presale setup.
Now, plans are in place to list SEAL on a DEX once the presale concludes – although specific details are being kept under wraps.
Despite the lack of fundamentals, Sealana’s low expected market cap at launch positions it as a potential meme coin lottery ticket.
If it can generate enough hype and continue to grow its Twitter following, SEAL could theoretically breach the $1 level this year.
2. Brett (BRETT)
Bringing internet culture to Coinbase’s Base chain is Brett (BRETT) – a meme coin inspired by the famous “Pepe’s Best Friend” character.
BRETT is currently the largest Base chain meme token with a price of around $0.038, up 5% in the past week.
The project’s tokenomics structure sees 85% of the total supply allocated to liquidity pools, 10% to the treasury, and 5% for further CEX listings.
With its Base blockchain roots and ties to the iconic Pepe meme, BRETT may have positive long-term prospects if the meme coin space experiences another bull run.
Although hitting the $1 price point would require a 26x surge from current levels, the right hype (combined with adding a use case) could make anything possible.
3. Dogeverse (DOGEVERSE)
Aiming to bring the iconic Doge meme into the multi-chain universe is Dogeverse (DOGEVERSE).
This new project will be available on six blockchains, including Ethereum, Solana, and Base.
Dogeverse’s team will make this possible through advanced tech like Wormhole.
As such, traders can seamlessly transfer their DOGEVERSE tokens between chains with minimal fees.
Traders can even stake their tokens to earn yields as high as 73% per year.
Like Sealana, Dogeverse is still in its presale phase yet has raised an incredible $13 million so far.
The developers are now preparing for DOGEVERSE’s first DEX launch, which many believe could send the token soaring.
From its current presale price of $0.00031, hitting the $1 target would require an exponential surge – yet stranger things have happened in the meme coin space.
4. ERC20 (ERC20)
Leaning into the Ethereum ecosystem is the aptly named ERC20 (ERC20) token.
This meme coin pays homage to the ERC-20 token standard that powers most of the cryptos on the Ethereum blockchain.
ERC20 is essentially a “pure” meme currency, with a current price of around $0.22 and a market cap of $250 million.
Its website touts the token’s “recognizable” name and listings on major DEXs like Uniswap as key reasons it could take off.
While the project is clearly trying to ride the coattails of Ethereum’s brand recognition, its low market cap means ERC20 theoretically has huge room to run – and hitting $1 would only require a roughly 4x increase from current levels.
5. WienerAI (WAI)
Rounding off our list of low-cap meme coins that could hit $1 this year is WienerAI (WAI).
This project is looking to tap into the growing popularity of AI-focused cryptos while offering a hilarious meme coin experience.
WienerAI’s main selling point is its custom-built trading bot.
Users can type in questions like “Which meme coins could 10x this year?” and the bot will analyze market data to provide an answer.
On top of that, WAI holders can also stake their tokens to earn above-average yields.
Taken together, these two features make WAI an exciting prospect in the world of meme coins.
Investors certainly seem to think so – WienerAI’s presale has raised over $1.1 million in just one month.
And with the project’s Telegram community attracting hundreds of new members daily, WienerAI could be another meme coin targeting the $1 level this year.
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