The post Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes appeared on BitcoinEthereumNews.com.

Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.  With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka.  In a recent analysis, Leshka explained that Solana memes have become the dominant narrative of this market cycle, raising expectations for their potential growth following a potential Solana ETF market approval by the US Securities and Exchange Commission (SEC).  Top Solana Meme Coins To Watch Leshka started by depicting cat-based meme coin POPCAT, which has recorded a 55% price increase in the past two weeks.  Currently trading at $0.448, POPCAT is the 4th largest meme coin on Solana with a market capitalization of $441 million. Leshka considers it one of the most relevant mid-cap memes on Solana, highlighting a “strong community” despite lacking intrinsic value. Related Reading Next, Leshka highlighted the MICHI token, another cat-based meme coin in the Solana ecosystem. According to the analyst, the upcoming launch of MichiSwap, Michi non-fungible tokens (NFTs), and the Michi NFT Marketplace could catalyze further price increases for MICHI in the coming months. Bonk Inu, another meme coin that has gained significant attention in recent months, was also mentioned by the analyst, which has recorded a 20% price increase in the past fourteen days, currently trading at $0.00002413.  Leshka highlighted how Bonk Inu, which originally supported the Solana community, has expanded its user base and integrated into decentralized finance (DeFi), cross-chain messaging protocols and NFT marketplaces as key to its growth prospects, positioning Bonk Inu as another meme coin with the potential for further gains. Political…

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Filed under: News - @ July 9, 2024 4:02 am