The meme coin market is experiencing a surge this week, with Gorilla (GORILLA) and Bonk (BONK) leading the charge.
Both of these tokens have developed strong online communities fueling their growth – yet they’re not the only meme coins making headlines.
This article will analyze the recent spikes for GORILLA and BONK before profiling three lesser-known meme coins that could be the next to explode.
Meme Coin Mania Continues as BONK & GORILLA Soar
As mentioned, Gorilla and Bonk have seen sizable gains since the start of the week.
In the past 24 hours, BONK is up over 5%, trading around the $0.000020 level.
The dog-themed meme coin has benefited from enormous traction on social media channels like Reddit and mentions in high-profile outlets like EdaFace.com.
Given that BONK is hosted on Solana, the network’s growth has also brought increased attention and trading volume to the token.
Meanwhile, GORILLA has also skyrocketed, with its price up over 35% in the past day to around $0.012.
This price surge is largely attributed to the news that GORILLA will be listed on the reputable exchange Gate.io on December 20.
The hype behind BONK and GORILLA shows no signs of slowing down, even as the broader crypto market continues to be range-bound.
Which Meme Coins Could Be Next to Explode?
With Gorilla and Bonk generating excitement and profits for early backers, the meme coin space is once again showing the power of online communities.
Now, let’s examine three under-the-radar meme tokens displaying solid fundamentals that could make them the next to explode.
1. Sponge V2 (SPONGEV2)
The first low-cap meme token that shows explosive returns potential is Sponge V2 (SPONGEV2).
This enhanced version of the popular Sponge (SPONGE) token builds on the strengths of its viral predecessor while bringing new utility through its innovative “Stake-to-Bridge” mechanism.
By staking SPONGE tokens, investors can earn SPONGEV2 tokens at a 40% APY over a 4-year staking period.
The strategic integration with the SPONGE ecosystem is expected to drive liquidity and momentum towards the new token.
Beyond the clever staking setup, SPONGEV2 benefits from the existing brand recognition and top-tier exchange listings of the original token.
The developers also plan to launch a play-to-earn (P2E) game that could prove hugely lucrative for early adopters.
Given the recent breakout gains from meme coins like BONK and GORILLA, SPONGEV2 seems primed for its own surge.
Its strong foundation has even led many in the project’s Telegram channel to predict it could provide higher returns than the original token, which rocketed over 300% in May.
For investors looking to capitalize on the momentum of emerging meme coins, SPONGEV2 presents an intriguing opportunity for sizable returns.
Investors can buy SPONGEV2 tokens using the widget on the Sponge.vip website.
2. Meme Kombat (MK)
The next meme coin that looks ready to explode is Meme Kombat (MK).
This new crypto asset has created plenty of buzz thanks to its unique blend of gaming, wagering, and staking elements.
Meme Kombat allows holders to watch battles between famous meme coin mascots in a virtual battle arena, with the scope to earn lucrative rewards by choosing the winner.
In addition to its gaming and wagering elements, Meme Kombat features a dynamic staking system that offers generous yields of up to 235% APY, enabling investors to earn passive income while holding the token.
The project has already raised an impressive $3.8 million in its ongoing presale – with plans to list MK on DEXs like Uniswap once it concludes.
Adding to Meme Kombat’s appeal is that Coinsult has audited the platform’s smart contracts, while the project itself is being led by founder Matt Whiteman, who has years of experience in the crypto-gaming space.
With meme coin mania returning to the market, this hilarious project seems to have the viral appeal and solid tokenomics needed to produce sizable returns for investors once it hits the open market.
Early investors can buy MK tokens through the presale for $0.246 using ETH or USDT.
3. Coq Inu (COQ)
Last but not least is Coq Inu (COQ), a new token on the Avalanche blockchain that brands itself as “the meme coin of the Chad chain.”
COQ sets itself apart from the crowded meme coin market through its intentional lack of structure – it has no development team, roadmap, or promises of financial return.
The supply of COQ is fixed at 69.42 trillion tokens with no taxes, allocations, or presale.
While solely intended as entertainment, COQ’s organic hype has already led to the token soaring 560% in the past month, giving it a market cap of over $197 million.
The buzzworthy COQ token presents a potentially explosive opportunity for investors seeking meme coin exposure on a growing chain like Avalanche.
