Memecoins
3 Meme Coins to Buy Today If You Want to Turn $10,000 into $200,000
Cryptocurrency markets are gearing up for a major bull run this June, potentially setting the stage for huge gains in meme coins. THE memetic currency The buying narrative is particularly strong this cycle, with themed cryptocurrencies touching every sector of the blockchain, from AI, DeFi and DePIN, to NFTs, Metaverseand Games. With a large pool of meme coins to choose from, here are three that could boost your portfolio from $10,000 to $200,000.
1. Meme Coins to Buy – Turbo (TURBO)
Turbo presents itself as the first meme coin created entirely using ChatGPT-4, an artificial intelligence developed by OpenAI. The Turbo developer spent a total of $140, including liquidity (LP) and gas charges, to implement the initial contract (TTT). Unfortunately, the sniper robots quickly drained the pool. However, the community rallied in support of the project, donating over $6,000 for the initial LP. Since then, Turbo has been a huge success.
TURBO price today is $0.006236, a 305% increase over the past two weeks. As we get closer to June, Turbo could add more gains since then, according to Most Holy, a popular on-chain analytics firm, the Market Value to Realized Value (MVRV) Z-Score for the last 30 days is 0.6. This metric suggests that TURBO could be in a favorable buying range as long as the Z-Score remains below 1.48.
Turbo’s 24-hour trading volume increased by 55% in the last 24 hours, signifying a recent increase in market activity. At $431 million, Turbo gives contenders like 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 is positioned as a movement currency aimed at uniting people in 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 about blockchain technology. Historically, educational tokens have performed extremely well, making GME’s move into this niche strategic.
GME price has been trading around $0.0094, up 103% over the last 7 days. With a modest market capitalization of $66 million, GME is ranked the 10th highest volume meme coin on CoinGecko.
Even though its volume is down 70% in the last 24 hours, GME is the only meme coin with a volume above $90 million and a market cap under $400 million. The meme coin has received free listings from exchanges and is currently participating in the listing KuCoin. Currently up 2,257% from its all-time low price, GME could be a great meme coin to have in your portfolio for June.
3. ConstitutionDAO (PEOPLE)
ConstitutionDAO began as a project to crowdfund the purchase of a copy of the first edition of the United States Constitution in 2021. The campaign successfully raised $42 million but unfortunately lost the auction in an intense bidding war duration 8 minutes. Since then, the project has made arrangements to reimburse all 17,437 contributors.
However, some community members have chosen to hold on to their PEOPLE tokens, attracting outside investors to join the community. Of the 11,613.39 ETH collected, 5,115 ETH remains in the community treasury.
PEOPLE the price is hovering around $0.1, up 22% in the last 7 days. The project has a market capitalization of $524 million, which is 12 times more than what contributors donated. This means that investors who bought PEOPLE after the company failed to complete Constitution are currently making a 1200% profit.
A project for the people, made by the people, called PEOPLE, could become the heart of the meme frenzy in the next bull run. PEOPLE is a project to add to your portfolio if you plan to turn $10,000 into $200,000.
Conclusion
As the meme coin market matures this summer, we can expect to see many coins with different themes experience significant accelerations. The ones highlighted here are just the tip of the iceberg, countless waiting to be discovered.
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