Shiba Inu (SHIB) and Dogecoin (DOGE) are two dog-themed memecoins that went viral and delivered massive gains to early investors.
Solana memecoins have been attracting huge investment from retail crypto investors in recent weeks, as early investors hope to generate similar returns to early Shiba Inu (SHIB) and Dogecoin (DOGE) buyers.
However, with hundreds of new memecoins being launched every day – and most of them being almost immediately rugpulled – it can be difficult to decide which coins to invest in.
In this article, we list four newly launched Solana memecoins that could potentially deliver astronomical returns to early investors, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Dapper Duck (DAPDUCK)
Market Cap: $3,000
Contract Address: Aeem6NMbRzcLCFxJWCYWatevYLEKEi1P1YkkYJv7dgUd
Doge With Hat (DOGEHAT)
Market Cap: $5,700
Contract Address: 2Tw3MJ2wCZZte6GvfaqVch3WQnwfdJByST7ih7e62yjb
Flying Penguin (FLYPEN)
Market Cap: $15,000
Contract Address: 37Tfn3F5E84KvitHHQVK37KzZZ3qAPCdxjGgBJd8XoVs
Joey Bonk (JOEBONK)
Market Cap: $19,000
Contract Address: AiqeRZVZgPkDVVXNTYqz7xGA7bgwuTgE1ShqCkC7C7Em
How to Buy Solana Memecoins
Solana memecoins, like the coins listed above, usually cannot be purchased on centralized exchanges, such as Binance and Coinbase.
Instead, they are purchased via decentralized Solana exchanges, like Raydium or Jupiter.
This is done by connecting your Solflare, Phantom or MetaMask wallet to the exchange, and swapping Solana for the token by entering its contract address in the receiving field.