After a somewhat difficult start to the week, stablecoins, meme coins, and the crypto market in general saw a glimmer of light yesterday, with the introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
Introduced by US senator Bill Hagerty, the bill aims to establish a regulatory framework for stablecoins. If passed into legislation, Tether ($USDT), USD Coin ($USDC), and other stable coins with market caps above the $10B mark would need to adhere to US Federal Reserve regulations.
Meanwhile, stablecoins with market caps below the $10B threshold would be regulated by the individual states.
Hagerty announced the introduction of GENIUS at yesterday’s White House press conference on digital assets.
At the same press meeting, AI and crypto adviser David Sacks noted that ‘Stablecoins have the potential to ensure American dollar dominance internationally to increase the usage of the US dollar digitally as the world’s reserve currency and in the process create potentially trillions of dollars of demand for the US Treasury.’
What Does The GENIUS Act Mean For Stablecoins, Meme Coins, And Other AltcoinsThe Trump administration being in support of stablecoins – or any type of cryptocurrency for that matter – is good news all the way. And while the market has seen a downturn, the community sentiment is bullish.
With prices generally down across the board, now’s a good time to buy the dip. That’s especially true when it comes to meme coins, which exploded last year. If you’re thinking of investing in meme coins, here are five that have high growth potential.
1. Solaxy ($SOLX) – The First-ever Solana Layer 2 EcosystemSolaxy ($SOLX) is grabbing a lot of investor attention – and for good reason. This meme coin, currently in presale, will power the world’s first-ever Solana Layer 2 ecosystem. Exciting news indeed.
Not only will it incorporate Solana’s outstanding characteristics (good speed and low transaction fees) but it will also get rid of the pain points that plague the Solana blockchain – congestion and failed transactions.
If that’s not enough good news, it will add even more speed and scalability to the equation. In all, it means a highly robust platform for meme coins and dApps.
$SOLX is also a multi-chain token, yet another reason why we have high hopes for Solaxy. It will exist on both Solana (renowned for the hottest meme coins) and Ethereum, which has a massive DeFi and asset tokenization ecosystem.
The Solaxy presale launched in December last year, raising an $5.8M in the first five days alone. That figure now stands at a hefty $18M. A price increase is imminent, but 1 SOLX currently costs $0.001626, with 224% staking rewards.
2. Mind of Pepe ($MIND) – A Powerful AI Agent With Valuable Insights For Token HoldersAnother meme coin we’re keeping a close eye on is MIND of Pepe ($MIND). More than just yet another iteration of Pepe the Frog, this is a powerful AI agent, and the first meme coin of its kind.
The Pepes of the crypto world often do very well for themselves. Take Wall Street Pepe ($WEPE), for instance – another Pepe-inspired meme coin currently on presale. $WEPU has become a phenomenon, having raised close to $69.5M (yes, you read that figure correctly). And as the presale draws to a close, all eyes will be on $MIND to see if it follows in $WEPE’s footsteps.
$MIND will set up autonomous X and other social media accounts, and it’ll use those to amass a follower base and identify upcoming crypto market trends, through the clever use of hive-mind analysis.
AI is the driving force behind this meme coin, enabling it to continuously learn and self-evolve. And as $MIND’s influencer status grows, it will shape conversations and gain valuable insights, which MIND of Pepe will share exclusively with $MIND token holders.
MIND of Pepe will even have blockchain access and the ability to launch tokens. And, of course, $MIND holders will have exclusive early-bird access to those.
The MIND of Pepe presale has already raised more than $5M, and right now 1 $MIND will cost you $0.0032662 (with staking rewards at 444%). To find out more about how you can invest in $MIND using $ETH, $BNB, $USDT, or $USD, take a look at our guide to buying $MIND.
3. Meme Index ($MEMEX) – Coin Baskets For Greater Exposure With The Benefit Of Diversified RiskExposure is the name of the Meme Index ($MEMEX) game. The meme coin market exploded last year, but as even the past week has reminded us, the crypto market is unpredictable. That’s why risk diversification is highly appealing to investors, and $MEMEX does just that.
$MEMEX has four meme coin baskets (in another word, indexes) to choose from, each with varying levels of volatility.
The Titan Index is the least volatile but with slower rewards. It’s home to $DOGE, $SHIB, $FLOKI, $PEPE, and more of the top and better-established meme coins.
Up next is the Moonshot Index, where you’ll find meme coins that are poised to rub shoulders with their counterparts in the Titan basket, but have market caps below $1B. $POPCAT and $PNUT are two of the meme coins in this index.
The Midcap Index, meanwhile, is where the risk factor is turned up a notch further. Tokens in this meme coin basket, among them $TURBO and $BOME, have considerable growth potential but, at the same time, are also prone to volatility.
Then, there’s the Frenzy Index, which cranks up the heat with high-risk tokens that have potentially explosive rewards. Think $ZEREBRO, for instance. Being Degen territory, however, this index is not for the faint of heart.
$MEMEX holders have the additional benefit of community governance, with ability to propose and vote on both the future of the project, as well as which meme coins are in the four indexes.
To date, Meme Index has raised close to $3.4M, and 1 $MEMEX costs $0.0159077, with 687% staking rewards. It won’t stay that price for long, though, with a price increase set for less than two days..
4. Fartcoin ($FARTCOIN) – A Humor-centric Meme Coin With Lots Of PotentialWhen the market takes a tumble, as it recently has, no one would be blamed for having a good cry. However, a good laugh thanks to Fartcoin ($FARTCOIN) is another alternative, one that could well pay off in the long term.
The premise of Fartcoin is simple – initial tokens could be claimed by submitting fart jokes and memes. Launched in late 2024 on the Solana blockchain, $FARTCOIN also features a ‘Gas Fee’ system, with each transaction accompanied by a digital fart sound.
As for utility? There is none. Yet after a CEX listing with a $978M market cap, and reaching the $1B market cap milestone in January, who are we to judge?
Like the rest of the market, Fartcoin has been left bruised by the recent downturn.
After an all-time high of $2.61 in mid-January, the price has since plummeted to $0.7015. But with the swings and roundabouts of the crypto market, we think $FARTCOIN could recover, with potential for, forgive the pun, explosive growth.
5. Pudgy Penguins ($PENGU) – The Resilient Meme Coin New To SolanaTechnically speaking, Pudgy Penguins ($PENGU) isn’t exactly new, having been on the Ethereum blockchain since 2021. But in December last year, in a move to extend its community and attract new investors, $PENGU launched on Solana. And it’s been (mostly) onwards and upwards ever since then.
Pudgy Penguins is an NFT collection of 8,888 pudgy little cartoon characters – representing love, happiness, empathy, and compassion, among other emotions. But don’t let that ‘awwwww’ factor fool you – $PENGU packs a punch.
To be fair, the recent downturn of the crypto market has been less than kind to our little penguin friend. Just under a month ago, for instance, Pudgy Penguins had a $2B+ market cap. That market cap has since dropped to a comparatively dismal $820M.
But – and it’s a big but – $PENGU has historically been a strong performer, and we expect this resilient little meme coin to recover in due course. After an all-time high of $0.05738 in mid December, it hit an all-time low of $0.01015 two days ago.
Right now, $PENGU is up +28.59% on that ATL, at $0.01298. And that price is an increase of 159.63% for the year, according to CoinMarketCap.
In A Nutshell…The recent ‘trade wars’ have hit the crypto market hard. So it’s a relief that the GENIUS Act and other crypto-focused legislation is being formalized to the market’s benefit. And the current downturn is a good time to buy the dip.
As for the best crypto presales, now’s the time to invest at a low private sale price before listing. But remember, it’s important to always DYOR before making any investment decision.