In a message via X (formerly Twitter), crypto analyst Cyclop (@nobrainflip) did this shared a bold prediction and a personal success story with his 370,000 followers. Cyclop announced a staggering $2.5 million profit within a year from an initial $8,000 investment, with a significant portion of this success attributed to investments in Solana-based meme coins.
Cyclop’s statement reads: ‘I made $2.5 million in one year from $8,000. Most of the profits were made on $SOL meme coins three months ago: x400 on ANALOS, x30 on POPCAT, x8 on SILLY. Solana meme season is back and many memes have over 100x potential.”
Before diving into the list of recommended meme coins, Cyclops issued a warning, pointing out the volatile nature of these investments. Despite acknowledging the inherent risks, cyclop highlighted the unprecedented earning potential of memecoins, stating: “Many believe that memecoins are just a gamble. […] However, I think this is the best way to earn in crypto if you learn when to buy and what to buy. And this is why: ‘Buy when the pump starts.’”
Highlighting the clear benefits of meme coins, Cyclop noted: “Unlike other tokens, memes have an advantage: 100% of the supply is in the market, meaning zero emissions, and VCs won’t run out of their sky-high bags dump the market. You. Plus, they have the biggest advantage and are the No. 1 rally winners during a bull market (where we are now).”
Looking back at previous successful calls such as POPCAT, ANALOS and SILLY, which have achieved returns ranging from 8x to 1000x, the analyst now shares a new list of promising meme coins:
#1 Wolf Wif (BALLZ)
With a market cap of $40 million and $370,000 in liquidity, this coin stands out as the analyst’s “biggest bet,” highlighted by the lack of centralized exchange listings and partnerships, in addition to the significant market cap achieved in less than 24 hours. “NFA, but it looks like a new cult,” Cyclop said.
The memecoin is clearly inspired by DogWifHat (WIF), a memecoin that appeared on the Solana blockchain, similar to the name BONK, which also made significant gains and generated several millionaires. BALLZ can try to build on the success of WIF.
#2 SolChat (CHAT)
Priced at $5.8, with a market cap of $47 million and $1.1 million in liquidity, SolChat has attracted the attention of “major influencers” and a notable mention from the Phantom wallet, as noted by cyclop.
According to the official website, SolChat is not just a memecoin; it is a communications protocol on the Solana blockchain that enables text, voice, and video calls in a manner similar to traditional Web2 applications, but within a Web3 environment. It leverages the Solana blockchain’s low gas fees and on-chain storage capabilities for messaging and group chats, positioning itself as a new application in the rapidly evolving landscape of decentralized technologies.
#3 Harambe (HARAMBE)
This meme coin pays tribute to the beloved gorilla and has a market cap of $45.8 million, described by cyclop as “a real soul.” HARAMBE is also based on the Solana blockchain and pays tribute to the spirit of Harambe. It’s driven by the community’s love of memes and desire for community-driven projects.
In addition to its meme-centric nature, the Harambe meme coin aims to differentiate itself by integrating advanced AI technology. It features an AI neural network auto trading bot designed to autonomously execute trades in the cryptocurrency market, aiming to transcend the typical meme coin by leveraging AI hedge fund technology.
#4 Pelfort (PELF)
This coin shows a remarkable daily growth of +550%, has a market capitalization of $15.4 million and a liquidity of $1.0 million, according to the crypto analyst. It is a Solana memecoin parody based on Jordon Belfort as Pepe.
#5 Doland Tremp (TREMP)
Like MAGA (TRUMP), TREMP is another meme coin that builds on the popularity of former US President Donald Trump and his potential success in the US election campaign. In a playful nod to political satire, TREMP has a market cap of $37 million, under the tagline “Mek Memes Gret Agen!”
At the very bottom of the analyst list are Brett (BRETT) at No. 6 and PENG on Solana (PENG) at No. 7, each with unique appeal and the potential for explosive growth, according to Cyclop.
Featured image from iStock, chart from TradingView.com
Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.