Crypto YouTube analyst and trader Jacob Bury has revealed the two meme coins he’s currently holding, which are in the presale phase. Bury anticipates that these coins will yield significant gains of up to 10x or even higher once they become accessible to the broader public.

The phenomenon of meme coins as viable investments revolves around the concept of buying low and selling high, a strategy that has yielded impressive profits for many. The monumental returns generated by well-known meme coins like Dogecoin and Shiba Inu highlight the substantial potential within this market.

These coins achieved significant value surges within short timeframes, setting impressive records in the crypto industry. Recently, Pepe coin also experienced significant rallies, including an impressive 525% increase within just two weeks of its market launch.

The success of Dogecoin and Shiba Inu can be attributed in large part to the strong support from their respective communities. This underscores the idea that meme coins backed by active communities tend to have a higher potential for remarkable growth and returns.

Discovering a meme token with a dedicated community emphasizes the project’s credibility and demonstrates that the community is motivated by more than just profit, often supporting nonprofit campaigns as well.

Outlined below are insights from renowned crypto YouTuber Jacob Bury, who shares his optimism about two specific meme coins. These coins are gaining interest as potential investment opportunities due to their inventive attributes and distinct stake-to-earn system, which offers users the chance to engage actively and earn rewards.

Wall Street Memes

Wall Street Memes (WSM) emerges as a novel meme token introduced by the creators behind the Wall St Bulls NFT collection. Notably, this NFT collection experienced a swift sell-out of all 10,000 Ethereum-based NFTs within its initial 30-minute mint during 2021.

Within just twelve weeks of its launch, the project has amassed over $26 million in funding, with the presale slated to conclude at the end of September. Having a dedicated following of over a million individuals, this legacy NFT project boasts a substantial online presence, including half a million followers on its dedicated Instagram page for internet memes.

The Wall Street Memes Twitter account dates back to 2019, and notable figures like Elon Musk have engaged with its community. Drawing from its prior experience, the project, which introduces a stake-to-earn mechanism, has now ventured into the realm of meme coins with the unveiling of its initial meme coin, $WSM.

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This mechanism plays a pivotal role in deterring abrupt sell-offs, thereby reducing the risk of potential market crashes. The swift accumulation of staked tokens, constituting a substantial portion of the circulating supply, clearly illustrates the community’s fervent enthusiasm for this incentive-driven system.

In the latest update on staking, the overall staked WSM quantity has surpassed 220 million, offering an estimated Annual Percentage Yield (APY) of 91%. The project allocates 75 rewards per block, while the total supply of WSM tokens stands at 1.6 billion.

Notably, $WSM possesses a total supply of 2 billion tokens, with 50% of this allocation designated for presale investors. Demonstrating a complete focus on the community, the remaining tokens will be allocated for community rewards and liquidity on exchanges.

This distinctive characteristic could potentially set this token apart from other meme coins, as it is exclusively committed to the community, mitigating the risk of a ‘rug pull’ – a predicament that many meme tokens encounter.

Presale investors have the opportunity to partake in the Wall Street Memes airdrop, where a total of $50k will be distributed across five prizes of $10k each. Participation involves following the community’s social media platforms.

Watch the video above for an in-depth overview of the two meme coins Jacob Crypto Bury is bullish on. Follow his YouTube channel for more crypto-related content. Additionally, Bury manages a Discord server with 15,000 members, offering trading insights and information about upcoming crypto presales.

Sonik Coin

Sonik Coin (SONIK) stands out as one of the most promising new meme coins in recent months, not only leveraging the popularity of Sonic the Hedgehog but also offering strong staking rewards.

Unlike other meme coins that often lack utility and experience brief life cycles, $SONIK sets itself apart with its four-year unlocking period, ensuring its longevity as it strives to achieve a $100 million market cap. Impressively, the first week of its presale has already garnered over $570k in funding.

Despite being freshly launched this week, the project is already generating considerable excitement within the crypto community, particularly due to the character’s widespread appeal. It’s essential to note that Sonik Coin is an independent creation and not affiliated with the Sega character.

Sonic’s immense popularity in Asia prompted the Sonik Coin team to make their website accessible in various languages, including Chinese, Japanese, Vietnamese, and Korean, in order to tap into that specific audience.

Speed of light is 299,792,458,000 m/s. They say $SONIK can run that quick 💨

👉 https://t.co/s1fTdXDQCK pic.twitter.com/3MTg2ilomG

— SONIK COIN (@Sonikcoin) August 26, 2023

The presale for this project features a low hard cap of over $2 million and could potentially reach full allocation within a matter of days. The presale, which is currently underway, offers tokens at a price of $0.000014 in a single round, ensuring equal opportunities for all prospective buyers.

SONIK boasts a maximum supply of 299,792,458,000 tokens, symbolizing the speed of light. Among these, 50% are available during the presale, with an additional 40% reserved for staking. The staking mechanism involves rewarding users over a span of four years.

The remaining 10% is allocated for DEX liquidity upon the token’s launch on Uniswap after the presale concludes. Notably, the staking pool has already witnessed around 20 billion tokens being locked in. Take part in the SONIK presale at sonikcoin.com.

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• Source: https://insidebitcoins.com/news/jacob-crypto-burys-top-picks-2-meme-coins-hes-bullish-on