Will these 5 meme coins be the next GME stocks?

Last updated: May 13, 2024 4:15 pm EDT | 4 minute read

GameStop icon ‘Roaring Kitty’ posts for the first time since 2021: Will these 5 meme coins be the next GME stock? / Source: Cryptonews

The iconic retail stock trader/investor “Roaring Kitty,” who rose to fame during the meme stock surge of 2021, just posted about X for the first time since 2021, igniting a wave of excitement for a new season of trading meme stocks/meme coins. be in, and with traders feverishly searching for meme coins that could be the next GME stock.

GameStop icon Roading Kitty—Keith Gill in real life—posted a meme about “blocking.” The implication could be that Roaring Kitty is about to refocus on its trading.

GameStop was up 70% on Monday, with GME hitting around $30 as expected Yahoo Finance. Roaring Kitty was a major champion of GameStop’s beaten-down stock before its 2021 stunner.

Roaring Kitty’s GameStop position is believed to have risen as high as $50 million in 2021 at its peak.

Other popular stocks during the 2021 meme stock craze have also seen a recovery. AMC holdings (AMC) grew 45% on Monday.

Roaring Kitty’s return hasn’t just sparked excitement in meme stock markets. In fact, there has been a surge in risk-taking activity throughout the crypto meme coin space.

Dozens of meme coins related to Roaring Kitty, Gamestop and the meme stock craze of 2021 are pumping.

Roaring Kitty (KITTY) rose 21,000% in 24 hours, as per DEXTools. Wall Street Betting (WSB) increased by 4,500%. And GamgeStop (GME) increased by 2,200%.

None of these meme coins have any official connection to the original people/communities/companies. They are simply borrowing the name.

Furthermore, none of these meme coins, beyond the names of 2021 meme stock links, have any real utility or long-term growth prospects.

Traders looking for the next GME stock should take a look at these meme coins instead.

Will these 5 meme coins be the next GME stocks?

Dogecoin (DOGE)

Dogecoin (DOGE) jumped 9% on Monday as traders get excited it could be the next GME stock.

Dogemoneta it is the largest and oldest meme coin by market cap and was last near $0.1550.

The market capitalization of the meme coin is a whopping $22.2 billion.

But many think DOGE it will one day reach $1, which would see its market capitalization rise to over $140 billion.

Investors willing to ride the DOGE roller coaster could see 6.5x gains if $1 is reached.

It may not be as impressive as GME’s gains in 2021. But Dogecoin remains one of the best bets on meme coins.

Shiba Inu (SHIB)

Cryptocurrencies’ second largest meme coin, Shiba Inu (SHIB), is another good bet for the next GME stock.

SHIB was up 7.5%, predicting an upside breakout from the pennant structure.

This could reignite a rapid rally to March highs above $0.000045.

Shiba Inu could be the next GME stock if it can break this pattern. Source: TradingView

This would be a close to 100% rally from current levels near $0.000024.

Like Dogecoin, Shiba Inu (SHIB) has a massive and dedicated community with over 3.8 million followers.

As a result, it is likely to remain a major player in the meme coin space for the long term.

Slothana (SLOTH)

Since its recent launch, an exciting new Solana meme coin called Slothana (SLOTH) has seen a surprising start to life.

The Sloth-themed meme coin has grown 550% since its May 1 launch and has a market capitalization close to $100 million.

Slothana seeks to replace its Sloth Slerf-themed predecessor meme coin (SLERF), which at one point had a market capitalization of nearly $500 million.

But Slerf has since fallen to $145 million. Slothana may soon take the crown as the biggest Sloth meme coin.

As meme coins’ risk appetite returns, they could become a multi-billion dollar coin. Slothana is a good bet for the next GME stock.

Dogeverso (DV)

Another exciting meme coin with new cross-chain features called Dogeverse (DV) is available for pre-sale.

Dogeverse is a multi-chain version of Dogecoin, launched on the six most used blockchains, excluding Bitcoin, with multi-chain bridge functionality.

There are a myriad of chains out there vying to be the go-to destination for meme coin flips: Dogeverse plans to fit the bill by being present on all the chains that matter.

The multi-chain meme coin has raised more than $15 million so far.

Potential investors don’t have much time to buy before the launch. Judging by Slothana’s success, they better hurry. Dogeverse could be the next GME stock.

Stay in touch with project developments X/Twitter AND Telegram.

Visit Dogeverse here

Vienna AI (WAI)

A new meme coin presale called Vienna AI (WAI) is positioning itself as potentially the next GME stock.

The Sausage dog-themed meme coin offers a number of convenient AI trading features and has already raised over $1 million.

Interested investors may want to act quickly, as the WAI price will rise when the pre-sale reaches $1.7 million.

Currently priced at $0.000706, investors are buying WAI with a market cap under $50 million and could see gains of 100x or more if WAI becomes a market leader.

20% of the offering has been allocated to staking rewards and investors are currently earning a massive 566% APY, according to the project’s plans Official site.

At this rate, investors can double their initial pre-sale investment in just over a month.

Purchase WAI here

Disclaimer: Cryptocurrencies are a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.

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