Shiba Inu Highlighted by Expert as High-Conviction Pick for Life-Changing Returns

Aaron Arnold, the founder of the Altcoin Daily channel, highlighted Shiba Inu among the meme coins that he strongly believes are worth investing in to get rich in this bull market.

In a recent videoArnold teamed up with meme coin expert Rodney to discuss why cryptocurrency market participants should start taking meme coin investing seriously.

Why Take Meme Coins Seriously

Rodney pointed out that meme coins have the potential to deliver life-changing gains in a bull market. He argued that the cryptocurrency market remains speculative, with meme coins often driven by price speculation rather than technological fundamentals.

Rodney recounted the origins and evolution of meme coins, highlighting the success of Dogecoin and Shiba Inuwhich reached market caps of $80 billion and $40 billion, respectively, at their peak in 2021. He stressed that while these tokens may have started out as jokes, their staggering multi-billion dollar market caps are no joke.

Rodney also explained that the current trend has shifted from superficial usage to an approach focused on community, narratives, and content. He believes that this shift makes meme coins more sustainable and more appealing.

Shiba Inu among high-conviction picks

While acknowledging that most meme coins are scams or failed projects, Rodney pointed out that some can still bring significant gains.

When it comes to the top five meme coins that can generate substantial returns for investors, Arnold and Rodney have different lists.

Arnold includes Shiba Inu among his top five high-conviction picks. Meanwhile, Rodney presented his own selection of meme coins that could offer better returns than Shiba Inu.

PEPE

Rodney shared his top picks for meme coins, starting with Pepe, which he owns and thinks will do well in the future.

Grandpa Bitcoin emerged in a bear market and reached a market cap of $1.6 billion, earning it a listing on most major exchanges. It is part of the “Boys Club” narrative, a comic book meme older than Bitcoin itself.

Pepe has no intrinsic value, but its strong community has driven its market cap to $5 billion, with an all-time high of $7 billion. Rodney has invested about $90 million and believes Pepe will surpass most meme coins, potentially becoming the largest ERC-20 token. He considers Pepe his first high-conviction play.

Bonk Inu

Rodney’s second high conviction pick is Bonk Inu (BONK)which kicked off a new wave of meme coin craze on the Solana blockchain.

BONK was the first to launch on Solana, offering cheap meme coin fees, and brought Solana back from the dead. Rodney is 1000% bullish on BONK, holding and accumulating more when possible. BONK, the fifth largest meme coin, scales with Solana and has a market cap of $2 billion.

Brett on the base

Rodney’s next high conviction pick is Brett on the base (BRETT), the first to join the Base blockchain, which is the second layer of Coinbase. BRETT is also part of the “Boys Club” narrative and has a strong community.

Rodney is bullish on BRETT because of its association with Coinbase, the largest US exchange, as it could help drive mass adoption. He believes that when retail investors return to the crypto space, they will naturally move from the Coinbase exchange to their wallet, where they can buy BRETT.

At $1.5 billion, BRETT is currently the seventh largest cryptocurrency by market cap. Rodney predicts that BRETT will reach $10-50 billion in the next issuance.

Others

Other meme coins on Rodney’s list include PONKE on SOL and Coq Inu. He considers all of these meme coins as a valuable investment set to provide investors with life-changing returns.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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