The top two trending meme coins on Solana are Ponkei and Base Dawgz. The ongoing Base Dawgz presale has raised over $2.8 million.
Solana is a leading blockchain with a vibrant ecosystem. One of the main reasons SOL is a top performer is the surging adoption, especially considering the number of meme coins launching.
Interest can be zeroed in on how Solana is designed. Unlike Ethereum, the platform boasts low fees and high scalability.
Users can easily deploy smart contracts in a scalable environment and pay minimal fees, explaining the explosion of meme coins on Solana.
In addition to BOME and the rest, attention has been paid to two top meme coins, mainly Ponkei and Base Dawgz.
Ponkei: The “Angry” Meme From China
Ponkei is soaring, looking at Dextools data. In the past day alone, the meme coin is up by over 20X and continues to climb.
Like most meme coins like PEPE, PONKEI has no utility. All investors have to do is buy PONKEI and “embrace chaos.”
The goal is to HODL and hope prices rally. If more users FOMO, PONKEI might extend gains, pushing its market cap above the $295,000 market cap, days after listing on Raydium, a DEX on Solana.
The Ponkei community is passionate and wants to push the rebellious Ponkei persona to new levels, even to the top 50 most valuable meme coins on Solana.
Base Dawgz: A Multi-chain Meme Coin
While Ponkei on Solana is drawing attention and is among the top performers today, investors are also tracking another meme coin on Base layer-2, Base Dawgz.
What’s cool about Base Dawgz is that it is a multi-coin project, meaning it can be deployed on Base and Ethereum and on other chains, including Solana.
In the ongoing Base Dawgz presale, over $2.8 million has been raised.
Each token is available for $0.007414.
Users can buy DAWGZ using USDT, ETH, and other debit/credit cards.
Unlike PONKEI, which has zero utility, Base Dawgz holders can participate in liquidity provision and access multiple chains.
Additionally, holders can stake, receiving an APY of 889% as of August 12. To enable this, 20% of the total supply will be for rewarding stakers.
Coupled with its share-to-earn feature and a well-structured roadmap, supporters expect the token to fly higher on launch.
Analysts say Base Dawgz will benefit massively and even become one of the top performers. Currently, the crypto market is recovering and capital is flowing into meme coins.
A big part of this leg-up will be due to its vibrant community of over 14,000 followers across social media platforms like X and Telegram.
Act Now! The Base Dawgz Presale ends on September 5th at 10 am UTC. The Project has already raised over 6 million. Buy Base Dawgz Now!
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.