The latest bull run sent Bitcoin to a new all-time high of around $73,000 – a height not seen since the 2021 bull market. As you’d expect, this surge lifted the altcoin market as well.
Solana-based meme coins were the real stars though. Projects like $SLERF, $WIF, and BONK skyrocketed over 100x at their peaks, earning early investors millions.
Now, every trader has their eyes glued on the new meme coin launches, hoping to capture the same crazy gains as previous investors did.
That’s why we thoroughly analyzed hundreds of these new tokens – evaluating their tokenomics, developer teams, and crucially, community support.
We found that Doge 20 ($DOGE20), Slothana ($SLOTH), Sponge V2 ($SPONGEV2), Smog ($SMOG), and 5th Scape ($5SCAPE) have the highest potential for 50x or bigger returns.
Let’s take a closer look at them.
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These 4 Projects Will Explode in April – Quick Overview
Before we do an in-depth analysis, here’s a quick look at the most important info about these hidden gems:
- Dogecoin20 ($DOGE20) – Dogecoin on Steroids Adds New Utilities & Raises Over $10M in Presale
- Slothana ($SLOTH) – Experienced Team Behind a New Viral Meme Coin
- Sponge V2 ($SPONGEV2) – Outperforming Its Predecessor Thanks to the Added P2E Mechanism and Staking Bridge
- Smog ($SMOG) – You Can Still Buy $300M MCAP Gem with 10% Discount
- 5th Scape ($5SCAPE) – Merging Blockchain & AAA VR Gaming for a Next-Level Experience
- ApeCoin (APE) – Monkey Coin Prepares to Go Bananas After Metaverse Launch
- Dogecoin (DOGE) – Massive Bull Run Expected Upon Halving & DOGE Day
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These 4 Projects Will Explode in April – In-Depth Analysis
With the basics out of the way, we can move on to a scrutinized inspection of each token:
Dogecoin20 ($DOGE20) – Dogecoin on Steroids Adds New Utilities & Raises Over $10M in Presale
DOGE20 draws inspiration from the OG Dogecoin, but it’s built on a whole different foundation – the Ethereum blockchain.
By shifting from Dogecoin’s energy-intensive Proof-of-Work mining to Ethereum’s more efficient Proof-of-Stake protocol, DOGE20 brings some key advantages to the table.
For one, it leverages Ethereum’s network for much faster transaction speeds compared to Dogecoin’s sluggish times.
It’s also an eco-friendlier choice since Proof-of-Stake uses way less energy than mining. Plus, as an ERC-20 token, DOGE20 taps into Ethereum’s established ecosystem and decentralized community.
But the real kicker is DOGE20’s staking rewards system. Unlike Dogecoin, DOGE20 lets investors stake their tokens and earn rewards from a 15% allocation of the total supply over two years.
The team is keeping things fully transparent too. The tokenomics breakdown shows clear allocations for the presale, marketing, project treasury, and exchange liquidity.
We get it, Dogecoin’s recent pumps have been wild. But it has its limits like slow transactions and zero staking rewards. DOGE20 addresses that head-on with faster transactions, a lucrative staking system, and an energy-efficient setup.
As Dogecoin whales inevitably look for higher ROI cryptos, DOGE20 is perfectly positioned to be the next big dog in the meme coin yard. It combines major upsides of the Dogecoin hype with a lower cap for much bigger gains.
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Slothana ($SLOTH) – Experienced Team Behind a New Viral Meme Coin
If you’re keeping tabs on the meme coin craze, you’ve likely heard about Slothana (SLOTH) – the latest Solana-based token with a lot of hype around it.
This sloth-themed project has managed to raise $5.6 million in just a few days through a presale funding that SLERF and others used.
Instead of tiers or stages, the team is keeping things simple – investors just need to send SOL tokens to a designated wallet address to receive an airdrop of SLOTH tokens upon launch. It’s a straightforward process that seems to be resonating well with the community.
But Slothana isn’t just relying on the presale to attract investors.
The project’s timing couldn’t be more perfect. The SLOTH token is set to debut on exchanges right before April 20th, a date widely celebrated as “Doge Day” between meme degens.
And this year’s Doge Day holds extra significance, as it coincides with Bitcoin’s highly anticipated halving event, a milestone that has historically preceded major bull runs.
Slothana’s team is also what’s driving the hype higher. Many believe that the same skilled team behind the wildly successful Smog project, is also at the wheel of Slothana.
With its unique presale approach, well-timed launch, and potential connections to a proven team, this sloth-themed token could be the next big thing on Solana.
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Sponge V2 ($SPONGEV2) – Outperforming Its Predecessor Thanks to the Added P2E Mechanism and Staking Bridge
The OG meme coin Sponge is making profits again with its updated Sponge V2 token. This new version isn’t just riding the coattails of its predecessor’s wild 100x rally to a $100 million market cap peak. Nope, Sponge V2 is bringing some serious utility to the table.
For starters, Sponge V2 is diving headfirst into the play-to-earn gaming space, adding P2E functionality to get those meme coin holders earning while they meme. But the real kicker is the new stake-to-bridge tech.
Here’s how it works: To get your hands on Sponge V2 tokens, you’ll need to stake and lock up your original Sponge V1 tokens indefinitely. Doing so scores you a fat stack of Sponge V2 rewards over four years.
But it gets better. Sponge is currently running a limited-time promo where you get a 100% bonus on any Sponge V2 tokens you purchase. Buy $100 worth, and you instantly double up to $200 – one half locked for staking V1, the other an airdrop of fresh V2 tokens.
The goal is to supercharge Sponge V2’s momentum by getting it listed on the big crypto exchanges like Binance and OKX. Like fellow meme coin hits like BONK and MEME, the Sponge team aims for the top.
With new gaming utilities, lucrative staking rewards, and a clear roadmap for major exchange listings, Sponge V2 is positioned to soak up some serious gains in the current bull meme coin market.
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Smog ($SMOG) – You Can Still Buy $300M MCAP Gem with 10% Discount
We already mentioned this coin earlier when we talked about its connection to $SLOTH. Well, as it turns out, Smog still has a lot to offer to the market.
Since hitting the decentralized exchange Jupiter, SMOG has been an absolute juggernaut. The token currently trades north of $0.20 with an eye-watering $300 million market cap. And it shows no signs of slowing, with sights firmly set on a Tier 1 exchange listing like Binance.
For SMOG holders and meme coin maniacs, Binance integration could be a huge catalyst to propel the dragon token even higher.
Especially as the broader crypto market embarks on a raging bull run, opportunities for tokens with solid community backing and utility are prime for explosive growth.
Speaking of its community, Smog is all about fostering a fervent following through continuous engagement and participation incentives.
From initiation tasks to daily giveaways, the project cultivates a sense of ownership that can lay the foundation for long-term sustainability – a key advantage in the volatile meme market.
But Smog isn’t just a one-trick Solana pony. The team is actively integrating multi-chain functionality to tap into the sprawling Ethereum ecosystem as well. It’s a strategic bid to broaden the token’s appeal and utility for a wider pool of investors
5th Scape ($5SCAPE) – Merging Blockchain & AAA VR Gaming for a Next-Level Experience
Virtual reality gaming is about to level up in a major way with 5thScape. This ambitious project is merging the immersive world of AAA VR titles with the power of blockchain technology, and it’s quickly gaining traction among crypto enthusiasts and gamers alike.
At its core, 5thScape envisions an entire ecosystem revolving around hyper-realistic VR games, cutting-edge hardware, and passive income opportunities through staking. The lineup includes adrenaline-pumping experiences like combat games, racing simulations, and even sports titles like Epic Cricket Arena.
But 5thScape isn’t just focusing on software. The team is developing its own VR headset and integrated gaming chairs, promising crystal-clear visuals, intuitive controls, and ergonomic comfort for those extended gaming sessions.
The 5SCAPE token will be the fuel powering this entire universe. Holders can earn attractive staking rewards and unlock lifetime access to 5thScape’s game library. There are even plans for a decentralized marketplace where creators can generate recurring income by developing custom content.
As an early mover in the rapidly growing VR gaming space, which analysts project could balloon into a $109 billion market by 2030, 5thScape is perfectly positioned for success. And it’s already generating serious hype and credibility checks.
The project went through a comprehensive smart contract audit and obtained KYC verification for its dev team.
With its groundbreaking vision, 5thScape’s ongoing presale has already raised $3.4 million from investors. And as exchange listings loom on the horizon, the anticipation only continues to build for this unique blockchain-based VR gaming platform.
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ApeCoin (APE) – Monkey Coin Prepares to Go Bananas After Metaverse Launch
Created by the team behind the Bored Ape Yacht Club NFTs, ApeCoin (APE) is an ERC-20 token granting governance rights to its holders within the ApeCoin DAO. But what has investors truly excited is APE’s potential integration into Yuga Labs’ upcoming Otherside metaverse.
Last year, a sneak peek at Otherside rallied APE’s price to $4.5, which points to a direction it will take once it Otherside launches
Even though APE retraced since then, currently trading around $1.85, lower price point might be good for long-term holding.
Once Otherside officially launches and APE’s role is cemented, the token’s value will more than likely blast past previous highs.
For traders looking to get in early on promising metaverse plays, keeping a close watch on ApeCoin’s developments could prove lucrative. With Yuga Labs’ pedigree and the Bored Ape empire’s loyal following, ApeCoin will most likely go bananas when Otherside goes live.
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Dogecoin (DOGE) – Massive Bull Run Expected Upon Halving & DOGE Day
Dogecoin needs no formal introduction. It was launched in 2013 and remained silent until the 2021 bull run when it sparked a big influx of capital into useless meme coins.
After that, hundreds of similar projects popped up overnight, Shiba Inu to name a few…
Today, DOGE transcended its meme coin origins and solidified itself as a legitimate cryptocurrency with increasing real-world utility. What started as an internet joke has evolved into a widely accepted payment method across the crypto ecosystem and beyond.
The upcoming Bitcoin halving expected on April 19th is perfectly positioned to give DOGE momentum right before the Doge Day on the 20th.
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Conclusion
The meme coin frenzy shows no signs of slowing down as the crypto bull run rages on. However, every bull market is flooded with worthless shitcoins, and finding gems among them can be extremely hard.
That’s why after hundreds of tokens and multiple weeks of scrutinizing them, we pinpointed Dogecoin20, Slothana, Sponge V2, Smog, and 5thScape as the best picks for massive profits in April 2024.
The best part? You can still get most of them in their presale for a much smaller price. Keep in mind that they’re expected to sell out soon, so you don’t have a lot of time to dwell on it.
