How Solana Meme Coin Trader Made 82,000% ROI in 5 Hours: Top 2 Solana Meme Coin Picks for 2024 - Disrupt Africa (2024)

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Solana meme coin Mother Iggy saw a trader achieve 82,000% ROI in 5 hours, while Sealana and Dogeverse are emerging as promising meme coins with successful presales and innovative features.

The cryptocurrency market is renowned for its volatility and potential for dramatic gains. Recently, a crypto trader turned a modest $800 investment into a staggering $657,000 in just five hours. This remarkable return on investment (ROI) of 82,000% was achieved through strategic trading on the Solana blockchain, specifically involving the meme coin Mother Iggy (MOTHER).

Crypto Trader Turns $800 into $657,000 in 5 Hours

On May 29, 2024, a crypto trader executed a series of transactions that resulted in extraordinary profit. Initially, the trader purchased 86.55 million MOTHER tokens for $861. Later, they sold 80.41 million of these tokens for 3,035.5 SOL, valued at approximately $509,000. Following these transactions, the trader retained 6.14 million MOTHER tokens worth $148,000. Blockchain analyst Lookonchain observed these trades and noted the trader’s impressive turnaround, despite a prior win rate of less than 25% across nearly 700 trades.

Mother Iggy, a meme coin on the Solana blockchain, has seen varied price movements since its launch. At the time of the trades, the coin was priced at $0.01959, showing a slight increase since its inception. The token’s association with a popular X (formerly Twitter) profile linked to the Australian rapper Iggy Azalea has also garnered attention, adding to its meme coin appeal.

Sealana (SEAL): A New Contender in the Meme Coin Space

Following the success of Mother Iggy, another Solana-based meme coin, Sealana (SEAL), has emerged, capturing significant interest during its presale phase. Sealana raised over $3 million, indicating strong investor enthusiasm. The coin’s mascot, a chubby seal named Sealana, represents a typical crypto trader, leveraging humor and internet culture to build a vibrant community.

Sealana’s presale success is attributed to its multi-chain approach, allowing purchases through Solana, Ethereum, and Binance Smart Chain. This accessibility has broadened its appeal, attracting diverse investor groups. Investors can acquire SEAL tokens by transferring SOL tokens through a Solana-compatible wallet. Each SOL token transferred during the presale yields 6,900 SEAL tokens, which will be airdropped post-presale.

PURCHASE $SEAL BEFORE IT BECOMES THE NEXT 100X SOLANA MEME COIN

The community-centric strategy of Sealana has been effective, with active engagement on social media platforms like Twitter and Telegram. Sealana’s Twitter account has over 6,300 followers, and its Telegram channel has 6,000 active members. Prominent YouTuber in the crypto space, Jacob Bury, has also endorsed Sealana, adding to its growing popularity.

Dogeverse (DOGEVERSE): Anticipation Builds as Presale Ends

Dogeverse, another promising meme coin, is nearing the end of its presale, set to conclude on June 3, 2024. This coin has already raised over $15 million, with a target of $17 million. Dogeverse will be launched on six different blockchain networks: Ethereum, BNB Chain, Polygon, Base, Avalanche, and Solana. This multichain approach is expected to provide significant advantages, allowing users to select their preferred blockchain based on speed, cost, and other attributes.

The price of Dogeverse tokens (DOGEVERSE) remains at $0.00031 during the presale, making it an accessible investment. Post-launch, the tokens will be claimable starting June 5, 2024, and investors will also have the option to stake their tokens on the Dogeverse platform. Staking has been popular, with over 34.3 billion DOGEVERSE tokens staked, promising an estimated annual reward of 47%.

Dogeverse’s multichain capability is a unique selling point, enabling seamless money transfers and broadening its appeal. The project’s viral and utility aspects have attracted attention from meme coin traders, crypto analysts, and blockchain developers. Several prominent YouTubers such as Jacob Bury and ClayBro have also highlighted Dogeverse, predicting significant growth post-launch.How Solana Meme Coin Trader Made 82,000% ROI in 5 Hours: Top 2 Solana Meme Coin Picks for 2024 - Disrupt Africa (2)

Market Potential and Community Engagement

The success stories of Mother Iggy, Sealana, and Dogeverse highlight the potential of meme coins within the cryptocurrency market. These coins leverage humor, community engagement, and innovative technology to attract investors. The rapid growth and substantial returns seen in these cases underscore the dynamic nature of the crypto space.

PURCHASE $DOGEVERSE AT LOW PRESALE PRICE POINT

The cryptocurrency market continues to evolve, with meme coins playing a significant role in its development. The impressive ROI achieved by the trader with Mother Iggy, the successful presale of Sealana and the anticipated launch of Dogeverse exemplify the diverse opportunities available within this sector. Investors interested in low market cap crypto may find these meme coins appealing for significant gains at low costs.

The stories of these three meme coins illustrate the potential for substantial returns and the importance of strategic investment decisions. As the market progresses, keeping an eye on emerging trends and new opportunities will be crucial for investors seeking to capitalise on the next big thing in the crypto space.

For those looking to invest in the next big meme coins, Sealana and Dogeverse present compelling opportunities. With Sealana’s strong community engagement and multi-chain accessibility, and Dogeverse’s innovative multichain launch and staking features, both tokens are well-positioned for growth. Visit the official Sealana presale website and Dogeverse’s platform to learn more and participate in their respective presales before they go live.

How Solana Meme Coin Trader Made 82,000% ROI in 5 Hours: Top 2 Solana Meme Coin Picks for 2024 - Disrupt Africa (2024)

FAQs

Can you make money making a meme coin? ›

Meme coins can be profitable investments but are as volatile as other cryptocurrencies and may have less liquidity than more popular coins. Meme coins might be more useful to people who are interested in the community of users or the meme itself.

Which meme coin can make you rich? ›

Flockerz – New Vote-to-Earn Meme Coin Offers Up to 29,300% Staking APY. Flockerz ($FLOCK) is a new decentralized meme token that offers Vote-to-Earn rewards and huge staking benefits and potentially the crypto that will make you rich in 2025.

Is trading meme coins profitable? ›

Meme coins are cryptocurrencies that often start as jokes or memes but can gain significant popularity and value through viral marketing and social media trends. Notable examples include Dogecoin (DOGE) and Shiba Inu (SHIB). While they can offer quick profits, their volatility makes them risky investments.

How many meme coins are made a day? ›

But do not be fooled, a dedicated following, real value and an enduring community keeps this OG of meme coins very much alive. According to DEX aggregator data, every day between 40,000 and 50,000 new crypto tokens are created; this can reach 100,000 during periods of intense viral hype.

Which meme coin can reach $1? ›

The Race to $1:

Dogecoin (DOGE) – The beloved meme coin with a robust community and endorsem*nts from high-profile personalities, known for its price swings and potential to soar.

Which meme coin will boom in 2024? ›

Top 5 Meme Coins of 2024
Coin NameMarket CapitalizationPrice
Dogecoin$14.18 billion$0.097
Shiba Inu$7.8 billion$0.00001323
Pepe Coin$2.96 billion$0.057039
Bonk$1.103 billion$0.00001572
1 more row
Sep 6, 2024

Which meme coin will 100x? ›

New meme coins $STARS, $SHIBASHOOT, and $PEPU are rising in popularity. Crypto All-Stars introduces a unified staking protocol, Shiba Shootout features a play-to-earn game, and Pepe Unchained offers a promising layer-2 blockchain.

Which coin makes you millionaire? ›

Bitcoin. Bitcoin accounts for nearly one-half of the total, with 85,400 millionaires. That's a stunning increase of 111% on a year-over-year basis. And it gets even better than that, because there are also 156 Bitcoin centi-millionaires (those with wealth of $100 million or greater), as well as 11 Bitcoin billionaires.

Which coin can make you a millionaire in 2024? ›

For 2024, two cryptocurrencies that stand out as strong investment choices are Ethereum (ETH) and Solana (SOL). Ethereum, with its significant network upgrades and dominant role in decentralized finance, offers robust growth potential.

What is the most successful meme coin? ›

Top Meme Coins Today By Market Cap
#Name7D
1Dogecoin ( DOGE )+9.93%
2Shiba Inu ( SHIB )+5.86%
3Pepe ( PEPE )+11.43%
4dogwifhat ( WIF )+3.97%
39 more rows

Does meme coin have future? ›

Memecoin continues its growth trajectory, and according to analysts, it will start the year with a price of €0.0622 and is projected to finish 2030 with a value of €0.0684.

Is it illegal to make a meme coin? ›

If your meme coin is structured like a security or investment, it may be subject to additional legal requirements. Consumer Protection: Authorities may be concerned about protecting consumers from fraud and ensuring that investments are transparent.

Which coin will pump 1000x? ›

Mega Dice is positioned as the next 1000x crypto by leveraging a $2,250,000 airdrop to attract online casino players. It offers $DICE tokens for use in games, sports betting, and bonuses while sharing profits and staking rewards with its large user base of over 50,000 players.

Which meme coin will explode in 2025? ›

Pepe Unchained ($PEPU) is first. It is the native crypto of Pepe Unchained, an upcoming layer-2 blockchain that comes with higher speed and cheaper fees for meme coin transactions. It is predicted to be a game-changer in the meme coin market.

What are the disadvantages of meme coins? ›

Memecoins, while entertaining and community-centric, are a high-risk investment option characterized by extreme volatility and speculative value. They can provide quick profits and a sense of community, but they also come with a risk of significant losses due to market manipulation, scams and a lack of intrinsic value.

Does making memes make money? ›

One of the most popular ways to make money with memes is to sell them on merchandise. This could include t-shirts, coffee mugs, stickers, and other products. You can create your own designs or use existing ones, and set up an online shop to start selling. This can be done through sites like Etsy and Redbubble.

How much to create a meme coin? ›

Most meme currencies add between 50% and 80% of total supply to the liquidity pool. The more liquidity you add, the more attractive your token will be. To get a successful meme coin, I would recommend adding at least 2000 USD. Your token will be "sniped" at launch.

How much is a meme coin worth? ›

MEM to INR
AmountToday at 5:40 am
1 MEM₹0.75
5 MEM₹3.74
10 MEM₹7.49
50 MEM₹37.45
4 more rows

Does meme coins have a future? ›

Conclusion. The realm of meme coins presents considerable risks, largely due to their ties to hype, social media, and inherent volatility. As of 2024, meme coins like Dogecoin, Shiba Inu, Pepe, Floki, and Bonk have gained prominence, drawing interest from dedicated communities.

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