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Smart money investors are making their final preparations ahead of what they anticipate to be an extremely bullish fourth quarter.
Unsurprisingly, meme coins are central to their investment strategy. In particular, two projects – Bonk and Brett – are receiving substantial interest, owing to their high upside potential and strong community backing.
While both projects have key points in their favour, we analyze which is the best meme coin to buy now for the upcoming bull run.
Bonk – Could It Be The Top Performing Solana Meme Coin?
The strength of Solana meme coins cannot be underestimated. There is a reason why Dogwifhat and Popcat are the first tokens to rally as Bitcoin starts to showcase bullish strength.
Solana flipped Ethereum on DEX volume on Wednesday. Meanwhile, asset management firm VanEck expects Solana to reach 50% of Ethereum’s market cap in the coming months.
Unsurprisingly, experts are bullish on Bonk, which is already up by 17% over the past week.
Despite trading 60% below its all-time high, the meme coin has a $1.3 billion market capitalization, which indicates its high upside potential. If Bonk only re-hits its current all-time high in the next bull run, new buyers could still earn greater than 2.5x returns.
However, experts project Bonk to surge to much higher levels. After all, it is one of the rare few meme coins that is listed on both Binance and Coinbase. Even Pepe and Dogwifhat cannot boast of this feat.
Brett – The Top Base Meme Coin
The Base chain boasts many of the same advantages as Solana. Owing to the high throughput on the blockchain, investors pay extremely low trading costs while benefitting from extremely quick transactions.
Unsurprisingly, Base sees substantial retail investment, much of which goes to Brett. Of the $1.2 billion combined market cap of Base meme coins, Brett constitutes $860 million of it.
Similar to Bonk, Brett is trading nearly 60% below its all-time high. However, a new all-time high is imminent, considering that it has flipped its multi-month downtrend.
While Brett hasn’t launched on the Binance spot market yet, it is live on Binance Futures. Additionally, it has the support of Coinbase, considering Base is the exchange’s Layer-2 venture.
Which Is The Best Meme Coin To Buy Now?
Bonk and Brett are both poised to deliver strong performances in the next bull run. ‘
While both projects have key similarities, Brett does appear to have some advantages over Bonk.
For instance, the Brett coin is the face of the Base chain, Coinbase’s Layer-2 venture. As the chain continues to gain traction in the coming months, it will give a massive boost to the BRETT price.
On the contrary, Bonk is expected to face stiff competition from Dogwifhat and Popcat on Solana.
Additionally, there is strong speculation that Brett could receive a Spot Binance listing, which would result in a strong surge in its valuation.
However, smart money investors aren’t choosing one project over the other. Meme coins are expected to dominate the next bull run and all high-potential projects can deliver strong returns. A diversified investment strategy can ensure that investors reap the maximum returns.
In fact, whales are also stacking low-cap meme coins, hunting for 10x to 100x returns.
Low-Cap Meme Coins Like PEPU and STARS Also In High Demand
While large caps like Brett and Bonk can offer 5x to 10x returns, whales are hunting for 100x returns with low-cap gems.
For instance, Pepe Unchained (PEPU) has raised over $15 million in presale funding, thanks to its utility-driven nature.
The project will come with its own Layer-2 chain, a native staking program and is also launching the Pepe Foundation which will offer developer grants.
Simply put, Pepe Unchained is introducing a new ecosystem and smart money investors are on board with the vision. Some analysts are already calling PEPU one of the best meme coins to buy right now.
Meanwhile, Crypto All-Stars (STARS) is also in high demand, having already raised over $1.5 million in its ICO.
Its MemeVault feature – which is the first-ever unified staking model – is one of the key factors behind its robust demand. It accepts 11 meme coins – including top projects like Pepe, Shiba Inu and Dogecoin – and offers attractive staking rewards to holders.
STARS presale buyers are already earning lucrative passive income, currently at an APY of over 900%.
Owing to its low-cap nature and in-demand utilities, prominent traders are aiming for as much as 100x returns with Crypto All-Stars.
Source: https://finbold.com/bonk-vs-brett-which-is-the-best-meme-coin-to-buy-now/