Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

A new emerging crypto has managed to conquer the hearts of many investors in a very short time: Hump Coin ($HUMP). This crypto meme managed to achieve a pump of more than 2500%, making it one of the best performing Solana meme coins of the moment. Should you also invest in this crypto with potential?

Hump ​​Coin: An emerging crypto with potential

Hump ​​Coin was just three days old when the token experienced a massive rise. The price of the token skyrocketed by more than 3000%. In the following days, Hump was able to rise a little further. On April 7, the provisional All Time High was reached, with $0.0258. Since then, the Hump price has proven to be very volatile.

Hump ​​is a new crypto, designed as a ‘dog meme coin’ around the popular Chihuahua dog breed. These funny and slightly flawed dogs apparently appeal to the crypto meme ‘degenerates’. A simple explanation for the token’s success, but not the only explanation.

After huge pump HUMP rocks. Source: DexScreener

What is striking about the token is that as an investor you do not pay taxes on transactions. This makes it simple and easy to trade the token, without any loss of costs. This makes HUMP a good joke coin with which investors are quickly inclined to transfer small amounts to each other.

The token is currently only for sale on a few major Solana exchanges, but the rumor mill suggests that some larger exchanges are considering a listing. Binance, Coinbase and Kraken, among others, are reportedly considering listings.

Solana crypto meme trend

The rise of Hump Coin falls in line with the Solana meme coin trend that has been going on for quite some time. In the past, tokens like Bonk and DogWifHat have seen huge increases. They were even partly responsible for the increase in the Solana price itself.

The advantage of Solana is that new crypto can be easily created and traded quickly (and at low costs). Now that more and more investors realize this, people are eagerly awaiting the next SOL crypto with potential.

The growth of the Solana price since October. Source: Tradingview

Currently, DogWifHat is by far the largest meme coin on Solana, with a market cap of $4.1 billion. Bonk is also a major player on Solana with a $1.6 billion market cap. Book of Meme ($816 million) and Jeo Boden ($544 million) may soon pass the magical $1 billion mark.

With a market cap of around $150 million, Hump is also well on its way to becoming one of the larger Solana meme coins. Of course, a lot will still have to happen before DogWifHat and Bonk are caught up, but nothing should be ruled out.

Should I join Hump?

Hump ​​Coin’s tremendous growth has created excitement among analysts and investors. However, it is very questionable whether investing in the coin now is wise. After all, we have now already completed the 2500% pump.

The token may experience steady growth towards a higher market cap and therefore a higher value. However, huge profits should no longer be expected. For example, if the token reaches a market cap of $1 billion, then there is a growth factor of x6.75.

The chance that Hump will not grow to $1 billion is very high. So far, only Solana coins Bonk and DogWifHat have succeeded. Other tokens that have done well (Cat in a Dog’s World, PopCat) have remained stuck around $400 million. This also seems like a more realistic target for Hump Coin, with gains of around x3.

Other emerging crypto meme projects with potential

As an investor you are of course always looking for new altcoins with the potential to achieve enormous profit factors. If you believe that Hump’s projected profits are not high enough, you would be wise to jump in with another token.

The crypto meme trend on Solana that is currently happening will continue for a while. More and more emerging cryptos with potential are being released, some of which have not yet experienced an initial pump. In that context, we recommend Slothana, Smog, SpongeV2 and the new crypto coin Dogeverse. What makes these tokens so special?

Slothana (SLOTH) – Emerging crypto meme in its purest form

The appeal of Slothana lies mainly in the fact that this is a crypto meme in its purest form. Slothana is themed around a sloth who plans to become a ‘Crypto Chad’ without putting any effort into it.

This comical reference to the accusations that meme crypto enthusiasts regularly hear is doing well among the ‘degens’. They stocked up on the token en masse soon after the start of the presale. To date, Slothana has already raised more than $10 million.

It is not known when the presale of this emerging crypto will end. This could literally be anytime. If you still want to participate in Slothana, now is the time to jump on this moving train.

By going to the Slothana website and depositing SOL tokens, you can purchase this new crypto meme. 1 SOL earns you 10,000 $SLOTH.

Now to Slothana

Smog (SMOG) – Solana crypto trend ready for new rally

Another emerging Solana crypto meme is Smog. This new crypto, themed around a fire-breathing dragon, plans to provide the largest crypto airdrop on Solana ever.

A total of 35% of the total number of tokens has been reserved for this airdrop. When you have more tokens, or put them in the staking contract for a long time, you build up more airdrop credits. These entitle you to a larger share of this airdrop.

In the run-up to the airdrop, the token has already risen significantly in value several times. After an x75 pump, many investors took their profits, making this the ideal time to strike before the airdrop.

Smog is for sale on various Solana exchanges, including Jupiter. By buying now you can quickly earn a lot of new tokens.

Now to Smog

Sponge V2 (SPONGE V2) – Improved version of successful crypto meme

Although SpongeV2 is not a Solana meme coin, it is a special crypto with the potential to reward early investors with high profits. SpongeV2 is the successor to Sponge, a crypto meme that managed to reward investors with x100 profit factors during the 2023 bear market.

SpongeV2 is a brand new token, which is the successor to Sponge. The team behind this token has made the necessary adjustments, which should allow SpongeV2 to increase considerably in value. The new token includes listings on major exchanges, its own P2E game and a huge marketing budget.

SpongeV2 has now adopted the ticker $SPONGE. The token is becoming increasingly popular, partly due to the huge APY (364%) you can get by staking. Everything is ready for enormous growth, only you are still missing. Invest in $SPONGE now to benefit.

Now to Sponge V2

Dogeverse (DOGEVERSE) – New crypto meme brings DOGE to multiple blockchains

Very recently, a new promising crypto meme has been launched: Dogeverse. This token brings Dogecoin to multiple blockchains for the first time in history. The multi-chain token will be suitable for BNB, Ethereum, Polygon, Avalanche, Solana and Base.

Investors can purchase the DOGEVERSE token via the presale. A total of 200 billion tokens have been developed, of which 30 billion will be available in presale. You can buy the token via the project’s website by swapping the token for one of the blockchain tokens on which DOGEVERSE operates (BNB, SOL, ETH, etc.)

DOGEVERSE tokens can be staked immediately after purchase at a nice APY. 10% of the total token supply has been reserved for the staking rewards. This way you are assured of a high APY for a very long time.

Furthermore, Dogeverse will use the remaining tokens to further develop the project, guarantee liquidity and start marketing campaigns. So quickly visit the website of this emerging crypto meme and join the new crypto trend.

Now to Dogeverse

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

Source: https://cryptobenelux.com/2024/04/09/opkomende-crypto-meme-hump-gaat-viraal-na-2500-pump-is-dit-de-volgende-nieuwe-crypto-met-potentie-x100-te-gaan/



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