5 Best Memecoins on the Solana Network: There are ACT, PNUT, and LUCE

Bittime - The Solana network, known for its high transaction speeds and low fees, has become home to many interesting cryptocurrency projects. 

One category that is now attracting attention is the cryptocurrency memecoin which is usually created as a community-based project with entertainment purposes, but sometimes has the potential for huge profits. 

Currently, several memecoins on the Solana network are experiencing tremendous price spikes, and here are the top five trending memecoins:

1. ACT (Act I: The AI ​​Prophecy) – Amazing Jump +1732%

Act I: The AI ​​Prophecy (ACT) is one of the most prominent meme coins on the Solana network. Recently, ACT experienced an incredible price surge of 1732%, with trading volume reaching $334.9 million and a market cap of $378.7 million. 

This spectacular rise shows that ACT is not only attracting the attention of ordinary meme coin investors, but is also getting the attention of whales (big investors) who have the potential to continue pushing the price higher. This coin has a special appeal because it combines elements of artificial intelligence (AI), which is increasingly popular in the world of crypto and technology.

ACT Statistics:

• Increase: +1732%
• Trading Volume: $334.9 million
• Market Cap: $378.7 million

2. PNUT (Peanut the Squirrel) – Stunning Rise +336%

Peanut the Squirrel (PNUT) is a unique meme coin with a squirrel theme, which increasingly popular after several big influencers and viral posts on social media. 

PNUT price surged by more than 336%, driven by a huge increase in trading volume, reaching $277.2 million. The market capitalization for PNUT has also reached $436.1 million, making it one of the most popular meme coins on Solana.

PNUT's success is largely due to the huge support from the community and official listing on various leading exchanges, which makes it attractive to traders looking for opportunities in the world of meme coins.

Statistic PNUT:

• Increase: +336%
• Trading Volume: $277.2 million
•  Market Cap: $436.1 million

3. LUCE (LuceCoin) – Up 47.37%

LuceCoin (LUCE) has attracted attention with its recent solid price increase of 47.37%. With a trading volume of $42.2 million and a market cap of $92 million, LUCE appears to be starting to build a strong foundation in the Solana community. Although it has not achieved a spectacular surge like ACT or PNUT, LUCE shows steady growth potential with promising prospects.

With a more affordable price, LUCE could be an attractive choice for investors looking for a meme coin with further growth potential in the future.

LUCE Statistics:

• Increase: +47.37%
• Trading Volume: $42.2 million
• Market Cap: $92 million

Also read Major Airdrops: Token Supply, Pre Market Data, and Price Predictions

4. CENTS (SomewhereSystem) – Magic Increase +12033%

One of the coin memes that recorded an extraordinary increase is CENTS (SomewhereSystem). 

The token has seen an impressive price surge of 12033%, with trading volume reaching $81.1 million. Its market capitalization also reached $33.8 million, which shows how much interest there is in this coin.

This incredible price spike makes CENTS one of the most attractive meme coins on Solana, despite its extremely high volatility. Many investors see CENTS as an opportunity to make big profits in a short time, but the big risks must also be taken into account.

Statistics CENTS:

• Increase: +12033%
• Trading Volume: $81.1 million
• Market Cap: $33.8 million

5. Sui (SUI) – Layer-1 Altcoin with Huge Potential

Even though SUI is not one of the meme coins mentioned on this list, it is still one of the very popular tokens on Solana because it is a layer-1 blockchain token with a focus on speed and scalability. 

In the past week, the price of SUI has risen approximately 70%, reaching $3.21 per token. This price increase shows that SUI is attracting increasing attention as a promising altcoin, even though it is not included in the meme coin category.

Statistical SUI:

• Increase: +70%
• Trading Volume: $348 million (estimated)
• Market Cap: $2.1 Billion

Why Are Memecoins on the Solana Network Interesting?

The Solana network offers the advantages of transaction speed and low fees, which makes it an ideal choice for the development of various applications, including meme coin projects. 

With high transaction speeds and the ability to handle large volumes, Solana allows developers to create tokens with low gas fees, which is very important for meme coin traders and investors.

The success of several of these meme coins on the Solana network cannot be separated from the role of a large and active community. Communities on social media play a key role in introducing and promoting meme coins, which often increases their value and liquidity.

Conclusion

With various meme coins that are currently on the rise on the Solana network, such as ACT, PNUT, LUCE, and CENTS, the crypto market is again showing the potential for large profits even with risks that cannot be underestimated. 

Each of these coins shows how meme coins can gain immense popularity through listing on major exchanges, community support, and viral trends on social media.

For investors, it is important to always do research and be careful with the high volatility that often occurs in the meme coin market. However, for those who dare to take risks, significant profit opportunities may await.

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