Meme coins like Dogecoin and Shiba Inu have changed the crypto landscape with insane runs, making these assets with little to no utility become a highly desirable way to invest. However, with the market caps of Dogecoin and Shiba Inu already so high, meme coin investors look to lower-cap meme coins with the ability to run higher and deliver better returns. Thus, in this report, we take a look at three meme coins still under the $100 million market cap mark that could carry the promise of higher returns compared to Dogecoin and Shiba Inu.
MYRO Joins Meme Coins With Potential
The MYRO meme coin made a name for itself on the Solana blockchain, following the success of the likes of BONK. The meme coin quickly became an investor favorite, rising to over $400 million market cap after scoring a listing on Binance perps.
However, since then, MYRO has been among some of the worst-performing meme coins, eventually falling below $100 million market cap and now sitting just below $60 million at the time of this writing. Nevertheless, this decline over the last few months has put it among the meme coins that could rally hard after a bounce.
According to CoinGecko data, MYRO is sitting 87% below its all-time high of $0.44. This means a return to peaks from would mean an almost 10x. This gives it higher upside potential compared to the likes of Dogecoin and Shiba Inu with billion-dollar market caps.
Kekius Maxiumus Joins The Rank Of Dogecoin And Shiba Inu
Kekius Maxiumus is another meme coin with a lot of potential and among the coins in this list, it is the only one that has gotten support from billionaire Elon Musk. After the meme coin’s launch in December 2024, Elon Musk changed his X profile picture to the Kekius Maxiumus mascot, causing the price to explode in response.
This puts Kekius Maxiumus in the ranks of the likes of Dogecoin, which has received public support from Elon Musk. Although the meme coin has since crashed 80.8% from its all-time high of $0.4011 after Musk changed his X profile picture, it is one of the meme coins with the potential to rebound 10x from here, especially if Musk were to show public support for it once again.
Cornering Solana Meme Coins With SLERF
The SLERF meme coin is one of the many meme coins that rose to prominence during the legendary Solana run of 2024. Since then though, SLERF has seen a few twists and turns, ending up with its market cap falling below $100 million. However, all hope may not be lost for this fast-riser.
Back in November, the SLERF token was listed on Binance perps, sending it soaring over 40% in a single day. Currently, the meme coin is sitting 87.6% below its $1.30 all-time high and presenting a possible 10x rise if it returns to its peak. With the support of volume from Binance Perps, this could be one of the meme coins that end up outperforming Dogecoin and Shiba Inu this cycle.
Featured image created with Dall.E, chart from Tradingview.com
