Meme coins have been on fire over the last few months, with one of the most profitable newcomers being Bull Coin (BULLS) – a meme coin based on the popular Chicago Bulls NBA team.
Despite a promising start in early June, the token’s fortunes took a downturn in the past week, experiencing a significant drop of around 70%.
Crypto experts have lost their faith in BULLS and advise investors to put their money in crypto alternatives that show more potential at the moment.
Bull Coin (BULLS) Goes Bearish – Investors Say These Alternative Meme Tokens Are Better for Profits
After a sudden soar in meme coins like PEPE, Bulls Coin (BULLS) was the next in line to bring some impressive returns to early investors.
It’s based on the infamous NBA team Chicago Bulls that won several championships with sports legend Michael Jordan.
Because of this connection with the iconic athlete and team, it caught the attention of many NBA fans in the crypto community.
However, even though it saw some solid returns at the beginning, its success was short-lived.
Over the last 7 days, we saw it trade in red and it’s currently down by over 70%.
Industry analysts have carefully examined the market situation, and their findings indicate that it is unlikely for BULLS to make a quick comeback anytime soon (just like in NBA).
Instead, if you’re looking for profits, it’s much better to invest in meme coins like WSM, $SPONGE, and COPIUM.
Let’s take a look at what they’re all about.
Wall Street Memes (WSM) – New Meme Coin with 50x Potential Set to Tokenize the “Greed Is Good” Movement
Wall Street Memes (WSM) is one of the hottest new additions to the crypto market and it’s already garnering attention for its efforts to tokenize the “Greed Is Good” movement.
This new presale meme coin originates from the monumental 2021 GameStop bull run.
Even though it’s been in the public for just a few weeks, Wall Street Memes already has over one million social media enthusiasts following its developments on different platforms.
Currently, the presale for WSM tokens is live so don’t miss your chance to be part of the crypto future!
SpongeBob Token ($SPONGE) – Meme Coin Capitalizing on Trader Nostalgia with Huge Profit Potential
The SpongeBob Token ($SPONGE) is another major contender on the meme coin crypto scene, with its connection to one of the world’s most famous cartoons in history.
$SPONGE came out of the blue and completely bypassed the presale phase, leaving the industry stunned. In a matter of days, it already secured listings on exchanges like Uniswap, Poloniex, LBank, BitGet, and MEXC.
Even though it already brought some solid returns, many believe that $SPONGE is just getting started.
On major social media platforms like Twitter, we see that the popularity of Spongebob character memes is evergreen.
That’s not surprising considering that many current crypto traders grew up watching this show.
If you want to get in further profits with $SPONGE, now is the perfect time to buy.
Copium (COPIUM) – Web3 Cryptocurrency with Support from Popular YouTube and Crypto Influencers
Copium (COPIUM) is an exciting new meme coin that takes a direct route to the decentralized exchange (DEX) scene.
The ability to capture the attention of many famous players and influential figures in the Web3 space is one of many factors that set COPIUM apart from the rest.
FaZe Banks, a renowned YouTuber and co-founder of FaZe Clan, recently revealed his commitment to this project, expressing his support to his impressive following of 3 million Instagram users.
Join the presale now for huge profits.
Despite Elon Musk’s legal disputes connected to Dogecoin, the most popular meme coin continues to garner investor interest.
While the current situation puts DOGE under pressure, many still view it as a favorable investment option.
If Elon’s case resolves positively, bullish runs may be on the horizon for DOGE, according to market speculations.
From what we’ve seen, the public sentiment around Bull Coin coin isn’t currently positive and it seems like its bullish run has come to an end.
However, this doesn’t have to be a bad crypto summer for all meme coins.
With expert teams behind them, innovative technology, ground-breaking ideas, and immense potential to grow, tokens like WSM, $SPONGE, and COPIUM are currently considered the best investments.
So, if you want to 20x your bank account in the following weeks, don’t miss your chance to get in early on the presales.