3 Meme Coins To Buy Today If You Want To Turn $10,000 Into $200,000
The crypto markets are gearing up for a major bull run this June, potentially setting the stage for massive gains in meme coins. The meme coin to buy narrative is especially strong this cycle, with themed cryptocurrencies touching every sector of the blockchain, from AI, DeFi, and DePIN, to NFTs, Metaverse, and Gaming. With a big pool of meme coins to choose from, here are three that may boost your portfolio from $10,000 to $200,000.
1. Meme Coins To Buy – Turbo (TURBO)
Turbo markets itself as the first meme coin created entirely using ChatGPT-4, an AI developed by OpenAI. The developer of Turbo spent a total of $140, including liquidity (LP) and gas fees, to deploy the initial contract (TTT). Unfortunately, sniper bots quickly drained the pool. However, the community rallied behind the project, donating over $6,000 for the initial LP. Since then, Turbo has been a massive success.
TURBO price today is $0.006236, a 305% increase in the past two weeks. As we speed off into June, Turbo may add more gains since, according to Santiment, a popular on-chain analysis firm, the Market Value to Realized Value (MVRV) Z-score for the past 30 days is at 0.6. This metric suggests that TURBO may be in a favorable buying range as long as the Z-score remains below 1.48.
Turbo’s 24-hour trading volume is up 55% in the last 24 hours, signifying a recent uptick in market activity. Coming in at $431 million, Turbo gives contenders such as Bonk and Floki a run for their money as the hottest meme coin this half of the year.
2. GME (GME)
GME is one of the trending meme coins to buy on the Solana blockchain, inspired by the GameStop short squeeze saga. The project positions itself as a movement coin aimed at uniting people on the Solana chain. Initially starting as a meme, GME is now expanding its reach into the realm of education with the launch of GME University, which will educate people on blockchain technology. Historically, educational tokens have performed exceedingly well, making GME’s move into this niche a strategic one.
The price of GME is trading around $0.0094, a 103% increase in the last 7 days. With a humble market cap of $66 million, GME is ranked 10th meme coin with the highest volume on CoinGecko.
Even though its volume is 70% down in the last 24 hours, GME is the only meme coin with volume over $90 million and a market cap below $400 million. The meme coin has been receiving free listing from exchanges and is currently participating in getting listed on KuCoin. Currently up 2,257% from its all-time low price, GME may be a great meme coin to have in your portfolio for June.
3. ConsitutionDAO (PEOPLE)
ConstitutionDAO started as a project to crowdfund the purchase of a first-edition copy of the U.S. Constitution in 2021. The campaign successfully raised $42 million but unfortunately lost the auction in an intense 8-minute bidding war. Since then, the project has made arrangements to refund all 17,437 contributors.
However, some community members have chosen to hold onto their PEOPLE tokens, attracting outside investors to join the community. Out of the 11,613.39 ETH raised, 5,115 ETH remain in the community treasury.
PEOPLE price is hovering around $0.1, a 22% increase in the past 7 days. The project has a market cap of $524 million, which is a hefty 12X above what the contributors donated. This means investors who bought PEOPLE after the company failed to bag the Constitution are currently making 1200% in profit.
A project for the people, by the people, called PEOPLE may become the heart of the meme frenzy in the coming bull run. PEOPLE is a project to add to your portfolio if you are anticipating turning $10,000 into $200,000.
Conclusion
As the meme coin market matures this summer, we can expect to see many differently-themed coins experiencing significant pumps. The ones highlighted here are merely the tip of the iceberg, countless await discovery.
The post 3 Meme Coins To Buy Today If You Want To Turn $10,000 Into $200,000 appeared first on CoinGape.
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