Crypto analyst Murad has identified Solana memecoins WIF, GIGA, and POPCAT as top contenders for substantial gains in 2025. His analysis focuses on a unique metric: the ratio of market capitalization to the number of holders with over $1,000 invested. This ratio aims to reveal which Solana communities have the most significant and effective high-value investors.
WIF Leads with Highest Market Cap and Holder Efficiency
According to Murad’s data, Dogwifhat (WIF) stands out as the leading memecoin with a market cap of $1.559 billion. It boasts 22,064 holders with over $1,000 invested, resulting in a ratio of 70,658.09. GIGA follows with a ratio of 52,958.58, and POPCAT ranks third with a ratio of 43,937.13. These ratios indicate that WIF, GIGA, and POPCAT have concentrated and influential holder bases, suggesting strong potential for future growth.
Memecoin Market Faces Double-Digit Declines
Despite the promising outlook for these memecoins, the broader memecoin market has faced significant declines over the past year. Data from Lookonchain reveals that the top 10 memecoins have suffered an average drop of 63.73% from their peak values. Notably, Dogecoin (DOGE) has fallen by 57.93% from its all-time high, while Shiba Inu (SHIB) has seen a 70.86% decline. Pepe Coin (PEPE) has dropped 58.16%, and BOME has experienced the most severe decline of 79.48%.
Over the past year, the top 10 #MEMEcoins have dropped an average of 63.73% from their peak.$DOGE: -57.93%$SHIB: -70.86%$PEPE: -58.16%$WIF: -70.93%$BONK: -64.63%$FLOKI: -65.97%$BRETT: -62.59%$POPCAT: -43.77%$BOME: -79.48%$MEW: -62.99% pic.twitter.com/GzRNI4dYaB
— Lookonchain (@lookonchain) September 2, 2024
In contrast, POPCAT has shown relative resilience, with a decline of only 43.77%—the smallest among the top 10 memecoins. This relative stability could position POPCAT as a notable contender in the upcoming market cycle.
As the memecoin market evolves, WIF, GIGA, and POPCAT are emerging as potential winners for 2025, offering investors intriguing opportunities for substantial returns.
