The general outlook in the crypto market is green, with most of the top ten coins showing bullish signals. In past bull markets, those who invested in altcoins with strong usage areas made huge profits. Although huge returns are still possible today, meme coins stand out as the strongest candidates for making huge profits in this bull run. Speaking at the Token 2049 conference, meme coin analyst Murad Mahmudov stated that these coins will lead the market. Mahmudov said that meme coins are currently in a “supercycle” and can make huge profits.
Top 2 Meme Coins on Analyst’s List: SPX6900 and Mog Coin
Murad first proposed SPX6900 when it was only $0.04. The coin quickly rose to $0.98, gaining 24 times its value. It is currently trading at $0.67. However, Murad predicts that SPX’s market cap could reach $100 billion. This would mean a huge increase in the coin’s price. SPX is traded on both Ethereum and Solana networks. This strong infrastructure and growth potential continue to attract investors. Murad emphasizes that there is a greater upside potential for this coin.
MOG Coin has gained 50x in value in just two months. Currently with a market cap of around $1 billion, MOG is listed on major exchanges like Kraken and Crypto.com. Murad supports this coin because it has a strong community and sufficient liquidity. Community support and liquidity are critical to the success of meme coins. MOG Coin successfully brings these two factors together and attracts the attention of investors.
HarryPotterObamaSonic10Inu and Retardio
The name HarryPotterObamaSonic10Inu , which has a very interesting name , attracted a lot of attention. After Murad mentioned it in Token 2049, its price increased from $0.08 to $0.37. Murad said that the market value of this coin will reach $20 billion. He also stated that this means an 80-fold return. Although this coin has a loyal fan base, its potential seems quite speculative. Investors should be careful with such coins.
Retardio started out as a small coin with a market cap of $19 million, but has now reached levels of around $130 million. Murad calls the coin “the number one anti-PC clown coin” and notes that it has a strong community. Another factor that has increased its popularity is that the coin has its own NFT collection. This continues to attract the attention of investors.
The Last Meme Coin on Analyst’s List: Mini
Mini stands out as a smaller meme coin with a market cap of around $30 million. The token saw a big increase in price after 2049, but then fell again. Murad thinks this coin could reach a market cap of $2 billion, but this coin is quite volatile. The fact that Mini’s gaming features are not yet working makes this coin a riskier investment. However, the high-yield potential presents an attractive opportunity for brave investors.
As we have reported at Kriptokoin.com, meme coin projects are highly speculative assets. Therefore, it is important to do your own analysis and be aware of the risks before investing.
To stay up-to-date with the breaking news, follow us on Twitter, Facebook, and Instagram. Join our Telegram and YouTube channel
