Our research revealed that the best Solana meme coins in December 18, 2024 are Bonk, dogwifhat, Popcat, Peanut the Squirrel, cat in a dogs world, and Goatseus Maximus. These projects are varied, catering to diverse SOL meme coin enthusiasts.
Before narrowing our list down to the top Solana meme tokens, we analyzed over 250 projects in depth, considering factors like community strength, virality potential, branding, and short-term price movements. Our data-driven approach allows us to provide you with legitimate, impartial, and promising recommendations.
Total Solana Meme Coin Market Cap: $20.3 billion (+6.4%)
Here’s our list of the best established and new Solana meme coins for December 2024:
đź’ˇ The information in this table is updated daily to ensure the most accurate and current data is provided. The table was updated on December 18, 2024.
Identifying the best meme coins to invest in is like finding a needle in a haystack. It’s essential to research extensively and ensure your portfolio is well-diversified. Below, is our analysis of the best Solana meme coins to buy in December 2024.
Our ranking methodology is thorough and data-focused. We update our list based on market capitalization, regulatory compliance, tokenomics, growth potential, and community strength, among other factors. Each criterion is weighted to reliably rate meme coins on Solana, providing you with legitimate and promising investment opportunities.
Launched in January 2021, Bonk is has retaken WIF’s spot as the largest meme coin on the Solana network by market cap as of December 18, 2024. BONK’s price surged -34.40% in the last 30 days — the BONK DAO’s announcement to burn 1 trillion tokens by December 25 increased scarcity and contributed to this rise.
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Bonk was initially priced at $0.000000109 per token, and hit an all-time high of $0.000058. It is currently trading at $0.000058, with a market capitalization of $2.56B. In terms of tokenomics, 50% of the Bonk supply was originally airdropped to the Solana community.
This includes Solana developers, NFT collectors, DeFi users, and artists. The remaining $BONK tokens are split between marketing, liquidity, and its DAO. Those who believe Bonk is the best crypto to buy can complete their purchase at 44 crypto exchanges, including Binance, Kraken, and Coinbase. Check out our article on whether Bonk will reach $1.
Why did Bonk make it onto our list?
Dogwifhat is one of the top Solana meme coins to buy in 2024, known for its explosive gains. Launched in late 2023, it has grown +1500.71% YoY, reaching an all-time high of $4.80. Its standout feature is the simplicity and humor of a “dog wif a hat,” which has garnered a substantial following.
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Crutially, dogwifhat has gained traction with major exchanges. For instance, Binance offers perpetual futures trading with 50x leverage for WIF. It got listed on Coinbase on November 13, 2024. Following the Coinbase listing, WIF’s price increased by 34%, rising from $2.99 to $4.05.
On November 25, 2024, Robinhood listed WIF, leading to a 7% price increase and a 50% surge in trading volume. Additionally, the $WIF community is vibrant, with over 121,000 followers on X and 55,100 members on Telegram. Dogwifhat is currently trading at $2.54, maintaining a strong market presence.
Why did dogwifhat make it onto our list?
Popcat is a Solana meme coin gaining attention due to its community-driven approach and unique backstory. Initially dormant, the project was revitalized when a community member made it 100% community-owned and immutable, sparking renewed interest. This move has helped Popcat become one of the top Solana meme coins to buy right now.
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In early 2024, Popcat’s price surged over 5,000%, going from $0.0076 to a high of $0.3882, driven by increased community engagement and a broader resurgence in Solana’s ecosystem.
Popcat’s recent growth has made it a standout performer in the meme coin market, attracting traders looking for high-potential projects. It reached a new ATH of $2.07 on November 17, 2024, showcasing potential for growth despite its high valuation.
Why did Popcat make it onto our list?
Peanut the Squirrel is a new meme coin on the Solana blockchain, gaining traction as one of the top meme coins to invest in December 2024. Born out of a tribute to Peanut, a pet squirrel euthanized under controversial circumstances, PNUT has rallied significantly. It captured attention with a recent 280% surge following its Binance listing and Donald Trump’s U.S. presidential victory.
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Since its launch, PNUT’s market cap has soared to $0.00, fueled by a powerful combination of community support and virality. High-profile mentions and community engagement has made PNUT one of the fastest meme coins to reach a billion-dollar market cap.
Mark Longo, the owner of the real-life squirrel that inspired PNUT, criticized the token’s community for profiting from his pet’s story without proper acknowledgment. In response, he launched his own meme coin, $JUSTICE, to support his animal sanctuary. If you’re seeking a high-growth meme coin, PNUT is an enticing option to consider during this meme coin supercycle.
Why did Peanut the Squirrel make it onto our list?
Cat in a Dogs World is another standout cat meme coin on Solana. Launched in March 2024, it quickly gained popularity by challenging the dominance of dog-themed meme coins. Its unique narrative and strategic tokenomics, including 90% of its liquidity pool burned and 10% allocated for community airdrops, have driven significant engagement and support​.
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The project has seen impressive market performance, reaching a market cap of $630.51M. It’s currently trading at $0.0070, having increased +215.12% in the last year.
The partnership with LOCUS to create a 3D animated series is set to boost its market presence further, aiming to reach mainstream audiences and expand its community​​. As per our cat in a dogs world price prediction, MEW’s ambitious roadmap and unique positioning make it a promising investment.
Why did cat in a dogs world make it onto our list?
Goatseus Maximus is a Solana-based meme coin that gained massive attention in 2024. Created by the AI Truth Terminal, it skyrocketed to over $700 million in market capitalization (now $648.71M) within just two weeks, making it one of the most promising Solana meme coins to buy.
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The coin’s origin is unique — Truth Terminal, influenced by its viral “Goatse Gospel” memes, launched the token on Solana through Pump.fun. With Binance recently listing GOAT, market interest remains high.
The story behind Goatseus Maximus blends AI experimentation with crypto culture, attracting both curiosity and speculation. It remains a noteworthy contender in the meme coin market, but GOAT’s long-term potential is still uncertain.
Why did Goatseus Maximus make it onto our list?
Book of Meme is a top Solana meme coin to invest in for 2024. Launched in March 2024, it saw a dramatic rise of +12732.30% in the last year. BOME’s standout feature is its integration of memes with decentralized storage solutions, aiming to create a digital repository for internet memes.
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Our Book of Meme price prediction shows an upward trend for this popular coin. The project gained substantial attention during its presale, raising 10,131 SOL. BOME continues to attract a strong community, boasting over 82,000 holders.
The token leverages Solana’s low fees and fast transactions, making it an attractive option for traders. With a market cap of $520.35M, BOME is currently trading at $0.0075, down from an ATH of $0.026.
Why did Book of Meme make it onto our list?
Gigachad, inspired by the viral Giga Chad meme, is a top Solana meme coin due to its strong cultural presence. Rooted in idealized masculinity, the meme has garnered widespread recognition. $GIGA gained traction with notable figures like UFC fighter Paulo Costa endorsing it.
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The meme’s deep-rooted online presence and relevance could drive its value. The future of $GIGA looks promising with upcoming developments like Giga Fitness — a luxury fitness brand. Profits from Giga Fitness will fund token buybacks and burns, boosting $GIGA’s value.
Partnerships with influencers and celebrities aim to expand its reach. With strategic marketing and a dedicated community, $GIGA could grow significantly. Its unique blend of cultural relevance and strategic initiatives makes $GIGA a compelling opportunity. Dive into our Gigachad price prediction for a detailed look at its potential.
Why did Gigachad make it onto our list?
Just a chill guy is a Solana meme coin inspired by a viral TikTok character created by artist Phillip Banks in 2023. The character, an anthropomorphic dog with a laid-back demeanor, resonates with audiences. Launched on November 15, 2024, CHILLGUY quickly gained traction, becoming one of the top Solana meme coins to consider in December 2024.
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The token’s popularity surged due to viral trends on platforms like TikTok, where users paired the character’s image with humorous captions about staying calm amid life’s challenges. This widespread appeal led to a significant increase in CHILLGUY’s value. For instance, a trader turned a $160 investment into $5.6 million within days.
However, potential investors should be aware of legal issues surrounding the token. Phillip Banks, the original artist, has announced plans to enforce copyright protection on his character, targeting unauthorized merchandise and related cryptocurrencies. This development could impact CHILLGUY’s future value and legality. As such, it’s better suited for short-term speculation than long-term investment.
Why did Just a chill guy make it onto our list?
When building a portfolio of memecoin supercycle tokens, you should look beyond the underlying blockchain and consider the legitimacy of the project, its tokenomics, and the size of its community.
Still not sure which coins to buy for maximum upside? Below, we explain our thorough methodology for ranking the top SOL meme coins, and the weight we assigned to each factor.
Our rating methodology is precise and data-driven, divided into two equally weighted parts. The General Methodology accounts for 50% of each rating and covers essential factors like liquidity and market capitalization. The remaining 50% is based on Solana meme coins-specific criteria.
For Solana meme coins, we assess community strength, branding, virality potential, and short-term price action to gauge investment potential.
We normalize data with Z-scores to ensure consistency across projects. This helps compare large and small projects fairly and prevents any single factor from skewing the rating. For more information, read our methodology page.
What Are Solana Meme Coins?
Solana meme coins are cryptocurrency tokens created on the Solana blockchain network, often with humorous or satirical themes. These coins mimic the behavior of mainstream cryptocurrencies but serve primarily as a form of entertainment.
They can experience volatile price fluctuations and attract speculative trading, similar to other meme coins on different blockchain platforms. Take dogwifhat as an example. It was launched in January 2024, and generated gains of +1500.71%.
Hundreds of meme coins have been launched on Solana, largely because of lower fees and more scalable transactions.
Meme coins allow high-risk investors to target gains when the broader markets are stagnant. That said, these coins come with high risk. In fact, investors should be prepared to lose some or even all of their investments. To counter this, consider diversifying across multiple meme coins, such as Polygon or Base meme coins.
Solana meme coins are currently pumping due to various critical factors. First, major exchanges like Coinbase and Kraken recently listed Solana meme tokens such as Moo Deng (MOODENG), driving massive trading interest. For example, Moo Deng surged 80% after its Coinbase listing.
Second, platforms like Pump.fun have enabled rapid creation of meme coins, with over 10,000 new tokens minted daily. Increased transaction volumes on the Solana network have further boosted visibility, despite leading to slightly higher fees.
Community engagement plays a big role too. The Solana community has rallied behind popular tokens like Gigachad and Peanut the Squirrel, driving viral marketing. This contrasts with other chains, where engagement has been slower.
However, the surge has drawn scrutiny. Industry leaders like Binance’s Changpeng Zhao warned about the risks of over-saturation in meme coins. Despite these risks, Solana meme coins continue attracting speculators, fueling short-term price pumps.
These factors create a confluence of accessibility, optimism, and utility driving speculative surges in Solana meme coin prices.
Solana meme coins operate on the Solana blockchain. They leverage its unique token standard known as SPL, or Solana Program Library, which is the standard for creating all types of digital assets on Solana, including meme coins.
The appeal of Solana meme coins stems from the blockchain’s ability to handle transactions quickly and at low costs. This efficiency is vital for meme coins, where timing and transaction fees can significantly influence trading strategies.
Moreover, these tokens are versatile, representing various assets and enabling a wide range of activities. Investors can trade these coins, engage in staking to earn rewards, or participate in decentralized finance activities — all while benefiting from Solana’s fast transactions and minimal fees.
Meme coins characterized by playful branding and driven by the passion of the communities behind them have garnered substantial traction within the Solana ecosystem. In recent times, Solana has become a breeding ground for sensationally popular altcoins such as dogwifhat, Bonk, Fwog, PONKE, and michi.
Some of the perks available to Solana ICOs and meme coins are low fees, fast transactions, and the ability to scale thousands of smart contract movements per second. In this section, we explore why meme coin investors are turning to the Solana blockchain.
With Solana meme coins generally being much newer to the spotlight in the crypto world, finding out how to find these meme coins early can prove to be a very powerful skill.
Solana gas fees are significantly lower compared to Ethereum. Transactions on Solana typically cost fractions of a cent, often less than $0.01, even during periods of high network activity. This is due to Solana’s high throughput and low transaction fees, making trading with SOL on exchanges, such as Raydium, very cost-effective.
Ethereum gas fees can vary widely depending on network congestion. During peak times, transaction fees can be significant, often ranging from $10 to $30 or more per transaction.
Even during less congested periods, fees typically range from $0.50 to $2 per transaction. These high fees are due to Ethereum’s limited scalability and high demand for transactions, resulting in bidding wars for block space.
Solana’s low transaction fees make it an attractive option for users looking to avoid the high costs associated with Ethereum’s network congestion. This is one of the main reasons why investors prefer Solana over Ethereum meme coins.
The Solana blockchain is able to handle approximately 65,000 transactions per second (TPS), with peak speeds of 100,000 TPS. For reference, Ethereum’s mainnet can only handle 12-15 transactions per second. That’s why its fees are often high.
This makes Solana ideal for meme coins, as transactions are processed quickly and at low fees. Polygon meme coins are also a good contender, as the blockchain is quicker than Ethereum’s, though not as quick as Solana.
Solana’s developer-friendly ecosystem enhances the appeal of its meme coins by fostering a culture of rapid innovation and creativity. Unlike other networks, Solana offers robust developer support through comprehensive tools, active community engagement, and accessible resources, enabling developers to experiment and launch projects more effectively.
This supportive environment has led to a diverse and vibrant ecosystem of meme coins, with unique features and use cases that stand out in the market. Additionally, Solana’s commitment to continuous improvement and developer retention ensures that projects on its platform benefit from long-term sustainability and growth.
This is further exemplified by decentralized exchanges like Raydium and Serum, which thrive within Solana’s open, developer-friendly ecosystem. These platforms support the growth of innovative projects and enhance liquidity and trading opportunities. This makes Solana meme coins a more attractive and stable investment compared to meme coins on other networks.
Solana meme coins are cryptocurrency tokens created on the Solana blockchain network. These coins are typically focused on hype, FOMO, and speculation rather than real-world use cases.
More than 1,500 coins run on the Solana network, including dogwifhat, Bonk, Popcat, Raydium, Peanut the Squirrel, Jupiter, Pyth Network, Goatseus Maximus, cat in a dogs world, and Helium.
The best meme coins on Solana are Bonk (BONK), dogwifhat (WIF), Popcat (POPCAT), Peanut the Squirrel (PNUT), Goatseus Maximus (GOAT), cat in a dogs world (MEW), Book of Meme (BOME), Gigachad (GIGA), and Just a chill guy (CHILLGUY).
The best Solana wallet for meme coins is Phantom Wallet. It offers a user-friendly interface, strong security features, and seamless integration with the Solana ecosystem, making it ideal for managing and trading meme coins.
The original Solana meme coin is Mememagic (MMMG). However, the most well-known SOL meme coins are dogwifhat (WIF), Bonk (BONK), and Myro (MYRO).
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Source: cryptonews.com
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