Meme coin leaders Dogecoin DOGE/USD and Shiba Inu SHIB/USD were left out of a veteran trader’s top meme coin conviction list.

What Happened: Veteran crypto trader Free Electron listed his top ten meme coins for the bull run, outlining his thesis and long-term target for each.

The top five in his list are:

Dogwifhat WIF/USD : acknowledged by Elon Musk as the “top dog coin of the cycle.” The trader sees it as Solana's mascot and best leverage play, which may deliver a similar run-up like Dogecoin and Shiba Inu.

: acknowledged by as the “top dog coin of the cycle.” The trader sees it as Solana's mascot and best leverage play, which may deliver a similar run-up like Dogecoin and Shiba Inu. Pepe PEPE/USD : a leverage play for Ethereum with favorable unit bias and strong metrics. It is popular in many internet sub-cultures despite being the only frog in a sea of dogs and cats. The target is a $90 billion valuation.

: a leverage play for Ethereum with favorable unit bias and strong metrics. It is popular in many internet sub-cultures despite being the only frog in a sea of dogs and cats. The target is a $90 billion valuation. Popcat POPCAT/USD : considered the “Dogecoin of cats” and has high recognition, especially in Asia.

: considered the “Dogecoin of cats” and has high recognition, especially in Asia. Mog Coin MOG/USD : another strong “ETH beta play.”

: another strong “ETH beta play.” Gigachad GIGA/USD : seen as the “#1 lifestyle coin.”

: seen as the “#1 lifestyle coin.”

Michi MICHI/USD, Mumu MUMU/USD, Selfie Dog SELFIE/USD, Mini MINI/USD and Aura AURA/USD are the other meme coins mentioned in the list. Michi is termed the "WIF of Cats," as many celebrities have mentioned the meme on their handle.

Why It Matters: With a valuation of $45 billion, the meme coin’s market capitalization has been on the rise for some months. One crypto trader sees Dogwifhat approaching its first bullish cross on the weekly RSI chart soon.

The previous week, a crypto trader predicted Popcat to continue its uptrend and possibly become the fifth-largest meme coin.

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