Best Solana (SOL) Memecoins to Watch in 2024

Solana has quickly grown to become one of the most competitive blockchain networks, offering high speeds and low transaction fees. Earlier this year, the network received a significant boost after SOL meme coins took over social media and sent investors into a frenzy. Projects built on the SOL network, such as DogWifHat and Bonk saw tremendous growth, rewarding early investors significantly.

Although the frenzy has calmed down, some investors believe that Solana meme coins could surge once again, during the upcoming altcoin season.

To help you prepare your portfolio, this guide will reveal the 7 best Solana meme coins to watch in 2024.

Top 7 Best Solana (SOL) Memecoins

Here is an overview of the best Solana meme coins to buy in 2024.

1. Tequila ($JULIO)

2. dogwifhat ($WIF)
   
3. Bonk ($BONK)
   
4. SOLJU ($SOLJU)
   
5. Popcat ($POPCAT)
   
6. cat in a dogs world ($MEW)
   
7. RETARDIO ($RETARDIO)

1. Tequila ($JULIO)

Tequila ($JULIO) is surging the beverage narrative that is absolutely exploding on Solana currently. As summer kicks off and the late nights and parties begin, $JULIO is primed to capture more attention than its peers. It is a memecoin for tequila lovers worldwide, and it has distinguished itself with savvy branding. ‘Holding $JULIO is not above value. It is about experience.’

It quintessentially captures the entire philosophy of the memecoin narrative, and the rampant growth of its underlying asset indicates that $JULIO could end up being one of the space’s largest memecoin by the end of the summer. This year alone, revenue generated from Tequila exceeded $32 billion. Boasting such an enormous total addressable market underneath is rocket fuel for $JULIO’s overperformance this summer. A perfect token for all the natural-born senders.

2. dogwifhat ($WIF)

Dogwifhat ($WIF) is the on-chain degen’s memecoin of choice and the fastest horse this cycle. ‘The hat stays on,’ and that is all that matters. $WIF is a leveraged play on $SOL, and anybody bullish on Solana’s continued dominance is de facto bullish on $WIF. Coinbase listed dogwifhat perpetual futures; it is only a matter of time before a spot listing. However, the party really starts when $WIF is listed on Robinhood. Then, it is away to the races.

$WIF has consistently led markets and shown phenomenal relative strength. It has already broken into the $1 billion club, and many forget that Dogecoin (DOGE) reached a market cap of $88 billion at its peak last cycle. It is the leading dog-meta token on Solana, and $WIF is still drastically underpriced and going much higher.

3. Bonk ($BONK)

Bonk ($BONK) was the originator of the Solana memecoin craze and completed its initial objective marvelously. Deployed to recapitalize the ecosystem, $BONK was the first Solana-native dog-themed token. It followed in Shiba Inu’s ($SHIB) footsteps, airdropping 50% of the total supply to the Solana community. Bonk’s success led to the Solana Saga selling out and a crazy secondary market erupting. Phones were reselling for thousands of dollars online, with people desperate to acquire the $BONK airdrop.

It owns one of Solana’s most-used trading tools, BonkBot, which charges a 1% fee on all transactions and sends 10% of this fee to the BONK DAO, which is periodically burnt. $BONK was the OG Solana memecoin in many respects and started the firing pistol on a fully Solana-native memecoin mania phase. $BONK is still undervalued on almost every metric.

4. SOLJU ($SOLJU)

SOLJU ($SOLJU) SOLJU is a 100% fair launch meme coin on the Solana blockchain. The fair launch mechanism has proven to be the most successful method for launching new tokens, thanks to its ability to guarantee distributed ownership. SOLJU has already managed to create a fully redacted community and fits perfectly into the alcohol narrative.

SolJu is the fusion of Soju and Solana. Solana is the world’s most accessible and commercially scalable blockchain. Soju is South Korea’s gift to the world and the most popular spirit ranked via volume sold. The token is represented by Classy one-liners, ‘Sip today, Celebrate tomorrow.’. And ‘Where innovation meets heritage.’ $SOLJU is drunkenly undervalued and has monstrous upside potential this cycle.

5. Popcat ($POPCAT)

Popcat ($POPCAT) is the cat that pops and the degen’s choice for the leading cat-meta token. It has one of the best distributions of any memecoin, meaning there are no insiders to dump and nobody who can wreck the chart in a single sell. The cat keeps popping and is the frontrunner for the next meme to break into the billion-dollar club. $POPCAT’s dev jeeted his tokens early, which is the holy grail for memecoin success.

Many do not know that Popcat is a popular meme on the Chinese platform Douyin. This crossover between Western and Eastern markets means the upside potential on $POPCAT is quasi-limitless. $POPCAT is arguably the most undervalued token on this list.

6. cat in a dogs world ($MEW)

Cat in a dogs world ($MEW) is a VC-backed memecoin that lacks an organic Twitter community but has gained mindshare through select KOL influence. How to know that it is a VC-backed token? The top ten wallets hold over 31% of the total supply and it has been heavily shilled by Arthur Hayes.

But whether it is VC-owned or not, the whole purpose of playing the meme game is to make money, and $MEW is another contender that could easily break into the billion-dollar range. It has professional management, and its social media promotion is slick, using the right figureheads. $MEW has plenty of gas left in the tank and is still one of the best cryptocurrencies to buy this cycle.

7. RETARDIO ($RETARDIO)

RETARDIO ($RETARDIO) is a memecoin leveraging the virality of a famous saying on Crypto Twitter. TradingAxe, one of this cycle’s fastest-growing Twitter accounts and an obvious main character, began by saying Remilio. This then turned to Retardio, and it has spread like wildfire. The intern for Polymarket was let go for using the term ‘retardio,’ but degens have banded together and doubled down on the use of the word. Adjacent to the wildly popular Miladies and Remilio ecosystems, $RETARDIO is undoubtedly a true degen’s coin and is loaded with latent potential this cycle.

Cabal Lines Says Welcome to the Memecoin Supercycle

Welcome to the memecoin supercycle. All of this cycle’s leading memecoins are still massively undervalued, and people’s targets are simply not high enough. Observe the current distance between $WIF and $DOGE. These value gaps will close. Attention is the most valuable commodity in the modern economy, and memecoins capitalize on this better than any other crypto vertical.

Capital follows attention, and where attention flows, liquidity will inevitably follow. Most investors do not care about true value, and memecoins took their fledgling steps last cycle. The entire vertical is going to be drastically repriced, and the only correct answer to price predictions is higher.

Cabal Lines is ground zero for on-chain alpha, delivering fair launches directly to your inbox and letting you front-run memecoin mania. Timing is everything when trading memecoins, and the cabal invites you to the other side of the curtain. Get daily updates, alpha segments, and first access to new projects going to market. If you want to make this cycle, you need to plug in, and Cabal Lines is the group serving on-chain degens first.

Don’t be exit liquidity apeing into memecoins that KOLs pump on Twitter. Be in the trenches buying before everybody else. Join Cabal Lines today.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.

Final Thoughts

The best Solana meme coins in 2024 are Tequila, Dogwifhat and Bonk. These tokens all have large communities and are positioned to see heightened demand during the next meme coin season. Never the less, there is no guarantee that you will returns by investing in these coins. Meme coins are notoriously risky and it is impossible to predict the future of the crypto market .