Crypto Analyst Unveils 7 Memecoins To Turn $1,000 Into $1 Million
11 Mars 2024 - 3:00PM
NEWSBTC
In a post via X (formerly Twitter), crypto analyst cyclop
(@nobrainflip) has shared a bold prediction and personal success
story with his 370,000 followers. Cyclop revealed a staggering $2.5
million profit from an initial investment of $8,000 within a year,
attributing a significant portion of this success to investments in
Solana-based meme coins. Cyclop’s statement reads, “I made $2.5
million from $8,000 in a year. Most of the profit was made on $SOL
meme coins 3 months ago: x400 on ANALOS, x30 on POPCAT, x8 on
SILLY. Solana meme season is back, and many memes have 100x+
potential.” Before delving into the list of recommended meme coins,
cyclops issued a cautionary note, hinting at the volatile nature of
these investments. Despite acknowledging the inherent risks, cyclop
emphasized the unprecedented earning potential of memecoins,
stating, “Many believe that memecoins are just a gamble […]
However, I think it is the best way to earn in crypto if you learn
when to buy and what to buy. And here’s why: ‘Buy when the pump
starts.'” Related Reading: Crypto Analyst Identifies 8 Altcoins To
Turn $1,000 Into $1 Million Highlighting the distinct advantages of
meme coins, cyclop pointed out, “Unlike other tokens, memes have an
advantage: 100% of the supply is in the market, meaning there’s no
emission, and VCs won’t be dumping their sky-high bags on you.
Moreover, they have the biggest upside, and they are #1 rally
gainers during a bull market (where we currently are).” Reflecting
on previous successful calls, such as POPCAT, ANALOS, and SILLY,
which have seen returns ranging from 8x to 1000x, the analyst is
now sharing a new list of promising meme coins: #1 Wolf Wif (BALLZ)
With a $40 million market cap and $370,000 in liquidity, this coin
stands out as the analyst’s “biggest bet,” highlighted by its lack
of centralized exchange listings and partnerships, alongside the
significant market cap achieved in under 24 hours. “NFA, but it
looks like a new cult,” cyclop stated. The memecoin is obviously
inspired by DogWifHat (WIF), a memecoin that emerged on the Solana
blockchain, similar to called BONK, which also saw significant
gains and generated several millionaires. BALLZ may attempt to
build on the success of WIF. #2 SolChat (CHAT) Priced at $5.8, with
a $47 million market cap and $1.1 million in liquidity, SolChat has
garnered attention from “major influencers” and a notable mention
from the Phantom wallet, as remarked by cyclop. According to the
official website, SolChat is not merely a memecoin; it is a
communication protocol on the Solana blockchain that enables text,
voice, and video calls in a manner akin to traditional Web2
applications, but within a Web3 environment. It leverages the
Solana blockchain’s low gas fees and on-chain storage capabilities
for messages and group chats, positioning itself as a novel
application in the rapidly evolving landscape of decentralized
technologies. #3 Harambe (HARAMBE) A tribute to the beloved
gorilla, this meme coin boasts a $45.8 million market cap,
described as having “a real soul” by cyclop. HARAMBE is also based
on the Solana blockchain and pays homage to the spirit of Harambe.
It is driven by the community’s love for memes and a desire for
community-driven projects. Related Reading: Crypto Expert Says
Dogecoin, Shiba Inu, PEPE, Others Are About To Explode Beyond its
meme-centric nature, the Harambe meme coin aims to stand out by
incorporating advanced AI technology. It features an AI neural
network auto-trading bot designed to autonomously conduct trades in
the cryptocurrency market, aiming to transcend the typical meme
coin by leveraging AI hedge fund technology. #4 Pelfort (PELF)
Showing a remarkable day growth of +550%, this coin has a market
cap of $15.4 million and liquidity of $1.0 million, according to
the crypto analyst. It is a Solana memecoin parody based on Jordon
Belfort as Pepe. #5 Doland Tremp (TREMP) Like MAGA (TRUMP), TREMP
is another meme coin that builds on the popularity of former US
President Donald Trump and his potential success in the US election
campaign. With a playful nod to political satire, TREMP holds a $37
million market cap, under the slogan “Mek Memes Gret Agen!”
Rounding out the bottom of the analyst’s list are Brett (BRETT) at
#6 and PENG on Solana (PENG) at #7, each with unique appeal and the
potential for explosive growth, according to cyclop. Featured image
from iStock, chart from TradingView.com
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