The top 8 cryptocurrencies that can grow by 1000% or more have been named, but there are nuances

BeInCrypto has identified 8 tokens that have a chance to repeat the success of the PEPE memcryptocurrency. Last week, the new digital asset reached an all-time high, rising by 39,000%.

Editor’s note: not financial advice! Experts do not advise users to invest in little-known digital assets, as bots and pump schemes are often behind their growth.

1. Love Hate Inu (LHINU)

LHINU is a token owned by the Love Hate Inu cryptocurrency platform for online voting based on the blockchain. The developers of Love Hate Inu position their token as a memcryptocurrency that offers its holders real-world use cases and rewards.

The CEO of Love Hate Inu, Carl Dawkins, is known for the Tamadoge (TAMA) project, another memtoken that has grown rapidly since its launch.

Currently, LHINU tokens are available for purchase only through the official Love Hate Inu website, but in the third quarter of 2023, they will be available on various centralized and decentralized exchanges.

2. Floki (FLOKI)

The FLOKI memecoin was created by members of the Shiba Inu (SHIB) community. It is a native token of the Floki ecosystem, which includes the Valhalla gaming metaverse, the decentralized financial platform FlokiFi, the NFT marketplace FlokiPlaces, and the educational platform Floki University.

Floki cooperates with such well-known crypto projects as Chainlink, Trader Joe’s, and ApeSwap under the FlokiFi Locker digital asset storage protocol.

The total supply of FLOKI is 10 trillion coins. The token can be purchased both on the decentralized exchanges Uniswap and PancakeSwap and on Binance, the world’s largest crypto platform that added it to the listing at the same time as PEPE.

3. Tamadoge (TAMA)

The Tamadoge P2E project is inspired by the popular Tamagotchi toy. The TAMA memecoin allows you to create NFT pets, sell them on the marketplace, and compete with other users.

The supply of Tamadoge tokens on the market is 2 billion coins. 50% of the tokens are intended for pre-sale, 30% for the project team, and will be unlocked within 10 years. the remaining 20% of TAMA will be sent to the exchange pool.

A 5% commission is charged for each Tamadoge purchase. Part of the commission goes to the development and marketing of the project, while the rest of the funds form a reward fund.

4. Wojak (WOJAK)

According to the developers of WOJAK, their cryptocurrency project offers users the opportunity to explore the world of memes, including their purchase and sale through a decentralized network. WOJAK was inspired by the cult internet meme of the same name in the form of a drawing with the face of a sad man.

The sharp increase in the value of the memtoken (690% in a week) occurred after the project team announced on Twitter on May 1 the release of the second collection of non-fungible tokens for the community.

5. Perry The BNB (PERRY)

The Perry The BNB team aims to revive the popularity of memecoins on the Binance Smart Chain. Over the past 24 hours, the token’s price has soared by 578.86%.

Perry’s daily trading volume is over $ 7 million. You can buy the memtoken on PancakeSwap v3 (BSC) and PancakeSwap v2 (BSC).

6. Turbo (TURBO)

The founder of the Turbo Token project is a digital artist known as Rhett Mankind. The user tasked the ChatGPT chatbot to develop a new virtual currency. The AI came up with the concept of a digital asset, wrote a white paper, and a smart contract code for issuing coins on the Ethereum blockchain. The digital artist turned to Midjourney for the logo for Turbo Token, the name of which was invented by ChatGPT.

According to CoinMarketCap, the Turbo Token rate has risen by 160% over the past 4 days, reaching a record high of $ 0.3 034. However, at the time of writing, the memecoin has significantly dropped in price, returning to $ 0.111.

7. POOH (POOH)

The POOH token was launched in late April. 95% of the memecoin supply is stored on Uniswap, and 5% is intended for listing on centralized exchanges. The project’s developers stated that their main goal is to ensure the organic growth and development of POOH, as well as to give token holders equal rights.

The current daily trading volume of POOH is $ 64,546,609. Over the past 24 hours, the price of the memcoin has increased by 83.79%. You can buy the coin on BitMart, Uniswap v3 (Ethereum), and Uniswap v2.

8. ArbDoge AI (AIDOGE)

AIDOGE is a deflationary token designed to be used in various applications within the Arbitrum-based ecosystem of the same name.

The total supply of AIDOGE tokens is 210 quadrillion. For each memecoin purchase, users receive Lucky Drop tickets that give them a chance to win a prize in the ARB, depending on the number of coins purchased.

It is worth noting that most memtokens are of interest only from a speculative point of view in the short term. An example of this was the BONK coin based on the Solana blockchain, which grew strongly for several days before a large-scale collapse in the asset’s price occurred, causing some investors to suffer losses.