The crypto landscape is an ever-evolving scene, and out of it emerged a new trend: meme coins. Meme coins have gained a lot of popularity with their promises of significant gains, capturing the imagination and attention of investors and enthusiasts, and making many wealthy.
Inspired by viral trends or internet meme culture, meme tokens have experienced explosive growth, making them not only fascinating investment opportunities but lucrative ones. Some meme coins have gone even further by adding real-world utility, giving them use cases that drive their value beyond the hype of social media platforms.
Meme Coins’ intense volatility has made them a playing ground for investors aiming for exponential growth. After analyzing the best meme coins in the crypto market today, we will explore and provide you with a buyer’s guide to the best meme coins
The best meme coin to buy is a mix of emerging and established cryptocurrencies. It is worth noting that the meme coin ecosystem is in a state of flux, with new meme crypto coins with large followings on social media platforms and strong communities always emerging to compete with established ones.
Based on our thorough research, we will be providing you with a list of the best meme coins to buy, which includes a mix of new and existing meme cryptocurrencies.
1. Bitcoin Dogs ($0DOG) – Best Bitcoin BRC-20 Token
2. Memeinator (MMTR) – Best New Memecoin
3. Metacade (MCADE) – A Platform for Play-to-earn Games
4. DigiToads (TOADS) – A Potential Key Player in the P2E and NFT Sectors
5. InQubeta (QUBE) – An AI Memecoin with Potential
6. Dogecoin (DOGE) – The Largest Memecoin by Market Capitalisation
7. Pepe (PEPE) – A Fast Growing Memecoin
8. Shiba Inu (SHIB) – The Dogecoin Killer
9. YooShi (YOOSHI) -A Community-Driven Memecoin with P2E and NFT Features
10. Floki (FLOKI) – A Memecoin with DeFi, NFT, and Metaverse Utility
11. Dogelon Mars (ELON) – A Dog-Inspired Memecoin
12. Samoyedcoin (SAMO) – A Top Memecoin on Solana
Here, we will give you a brief comparison of the top meme coins, including their blockchain, market cap, where to buy them, incentives, and purchase methods.
NOTE: The market cap is not constant but changes per market dynamics.
Meme Coins
Blockchain
Market Cap
Where to Buy
Incentives
Purchase Methods
Bitcoin
None yet
Buy $0DOG
Memecoins, nfts, social gaming
Cryptocurrency
Ethereum
Buy MMTR
Price appreciation
Metacade
$15,283,507
Buy MCADE
Staking, GameFi, Prize winnings and rewards, Increased ROI
DigiToads
$27,495,000
Buy TOADS
Bonuses, Rewards, Staking, and increased ROI
InQubeta
$14,700,000
Buy QUBE
Staking rewards and increased ROI
Cryptocurrency and Card
Dogecoin
$9,802,721,721
Buy Doge
Price appreciation, Support for charitable causes, community engagement
Cryptocurrency, Credit/Debit Card, bank deposit
Pepe
$685,243,963
Buy PEPE
Significant ROI and rewards for long-term stakers
Cryptocurrency, Credit/Debit Card, Bank deposit
Shiba Inu
$4,664,442,741
Buy SHIB
Increased ROI and Staking rewards
Cryptocurrency and Credit/Debit Card, Bank deposit
YooShi
Binance Smart Chain (BSC)
$20,518,541
Buy YOOSHI
Increased ROI
Floki
Ethereum and Binance Smart Chain (BSC)
$248,671,762
Buy FLOKI
Increased ROI, Charitable causes, and rewards
Dogelon Mars
Ethereum, Polygon
$90,034,231
Buy ELON
Increased ROI, Community-driven development, Early adoption
Samoyedcoin
Solana
$14,203,852
Buy SAMO
Potential for appreciation, and staking rewards
Cryptocurrency, Credi/Debit Card
Bitcoin Dogs’ native token, $0DOG, will launch as the first-ever ICO on the Bitcoin blockchain. Thanks to cutting-edge Bitcoin Ordinal technology, Bitcoin Dogs is pushing the boundary of what is being built on the Bitcoin network.
By combining memecoins, NFTs, and Ordinals, this project aims to go where none has gone before along with all who dare to run ahead of the pack. Given the industry’s love for breaking new milestones, this project will attract the interest of people within and outside the Bitcoin community.
Bitcoin Dogs keys into strong crypto narratives like BRC-20 and the Bitcoin halving that could place it in investors’ sights, and allow for innovation and significant upside; several BRC-20 projects that have launched have garnered traction from investors and Bitcoin enthusiasts.
Bitcoin Dogs has gone further than most other projects to build the first Bitcoin-native gaming ecosystem with tokens, a planned NFT collection, and even games further down the line.
Bitcoin on-chain metrics data from Dune Analytics show a significant increase in transaction count on the blockchain that started close to the end of January 2023, when Ordinals was launched.
Higher volumes combined with the Bitcoin halving in April 2024 could catalyze significant growth for the network and its most promising projects, like Bitcoin Dogs.
Bitcoin Dogs is a new project attempting a feat that has never been done before. As such, there are bound to be obstacles that are novel to this project, and a history of token launches shows that plans are hardly ever without hiccups.
$0DOG will be the native token of the Bitcoin Dog ecosystem. It has a maximum supply of 900 million units, 90% of which is allocated to the presale. This means that investors will get the bulk of tokens, making this as close to a fair launch project as possible.
To join this project early, head over to the Bitcoin Dogs website.
Memeinator is a memecoin with a twist. While other memecoins adopt an animal theme, either a dog or frog, Memeinator has chosen to adopt themes from the wildly popular terminator series. It features terminator dogs that have travelled back in time to dominate the meme market.
In the memecoin space, virality is the difference between success and failure. Memeinator has employed innovative marketing strategies, an engaging story, and an upcoming suite of products to keep its growing community engaged.
Despite the uncertainty of the memecoin space, Memeinator has displayed the potential to create a community of loyal supporters by offering innovative rewards. One of which is a trip to space on the Virgin Galactic, worth a whopping $250,000.
In the future, the MMTR token will be the key to unlocking the ecosystem which will include exclusive NFTs and an action game.
Big plans and hype are common tools that memecoins employ to get people onboard, and while Memeinator is making strides, it is still untested. Most memecoins fail, and there is a possibility that Memeinator will as well.
MMTR has a maximum supply of 1 billion tokens, 62.5% of which is on offer in the presale which is currently ongoing. This is suitable as most of the supply will be in the hands of the public, making it less prone to manipulation.
To join the presale, head over to the Memeinator site.
Metacade is an Ethereum-based token. After its successful presale, which ended on March 31, 2023, Metacade is fast becoming one of the most popular tokens in the P2E sector. It is hailed as a fun and accessible blockchain-based platform for playing play-to-earn games and has exploded in popularity as a result.
Metacade is one of the projects aiming to serve as a hub for users to network, share the latest gaming alpha, and play the latest blockchain-based games. One of the reasons Metacade made our list is because of its vision of becoming a central hub for the entire Web3 ecosystem. This makes MCADE a promising native token, even though it has experienced price fluctuations of late.
Metacade stands out from other meme tokens as it offers a plethora of additional earning mechanisms, besides the potential value increase that comes with holding this digital token.
Metacade is a newly launched coin susceptible to huge sales from presale buyers. But after it stabilizes, its market value is poised to soar.
DigiToads is a cryptocurrency built on the Ethereum blockchain. Its presale launched on March 9, 2023, and is scheduled to end on August 15. It is labeled a top alt-coin to buy.
DigiToads is more than a conventional meme coin, as it has a strong utility that spans P2E and NFT. It will be launching its thrilling P2E game and NFT staking on August 21, which has been met with huge enthusiasm by crypto investors. This has also contributed to this meme coin presale success so far, with $6 million raised, which is a testament to its strong community and huge Twitter following.
By combining two important and profitable sectors within the blockchain industry and crypto landscape, we believe its utility token, TOADS, will skyrocket after launch.
We believe the DigiToads meme project will become a key player in the crypto landscape with its unique combination of NFT, P2E, and memes.
DigiToads is a meme coin with immense volatility, meaning you need to have impeccable entries to enjoy significant returns.
Visit DigiToads Presale
InQubeta has been lauded for its perfect blend of blockchain, cryptocurrency, and AI to solve a pain point in the AI industry—funding. The presale launched in the first half of the year and has garnered strong community support. Its strong followership has contributed to raising over $1.3 million in presale.
As the world’s first blockchain-based crowdfunding platform for AI startups through cryptocurrency, InQubeta will experience a tidal wave of adoption by the crypto world. This makes the native token at the heart of its ecosystem, QUBE, valuable. You can also be a part of the InQubeta community and invest in the future of AI technology.
The InQubeta presale is ongoing and presents a great opportunity to be an early adopter and investor in the project, which is expected to soar for token holders.
InQubeta presents a unique opportunity as a project that aims to solve an important problem in the AI space. It will also introduce the crypto community to the burgeoning AI market.
InQubeta is a high-reward token, which also means you might be at a loss if you are not careful about your investment in these digital tokens.
Visit InQubeta Presale
Dogecoin is the first and original meme coin in the crypto verse with its own blockchain. It has built strong community support since its official launch on December 6, 2013. With about 3.8 million followers on Twitter, Dogecoin is one of the top meme coins in the crypto market.
Dogecoin is based on the popular internet meme “doge,” featuring a Shiba Inu on its logo. Forked from Litecoin in 2013, Dogecoin has become a key player in the crypto space, ranking 9th by market capitalization.
Although the fun and light-hearted meme coin is less volatile than other meme coins, it nonetheless presents an investment opportunity with a great ROI for crypto investors with its native coin, Doge.
Dogecoin appeals to millions of crypto enthusiasts, including the famous Elon Musk, who has shown his love for the token on numerous occasions, making it possibly the best meme coin.
Dogecoin has no real utility, meaning its value is largely fueled by its community hype and popularity.
You can buy Dogecoin on exchanges like eToro
Pepe’s PEPE coin launch was on April 15, 2023, at around $0.000000001, and it experienced an explosive surge after its launch, making millionaires from early investors. Pepe is a deflationary token launched on the Ethereum blockchain, created in tribute to the internet meme culture favorite, “Pepe the Frog.”
These meme cryptos are inspired by the success of other meme coins like Shiba Inu and Dogecoin, which it aims to emulate. Its strong community, which is over 400k strong on Twitter, has propelled it to become one of the leading and best meme currencies in such a short time.
Additionally, its appeal to the crypto community, which includes a no-tax policy, crypto burning mechanism, and reward system for long-term holders, will contribute to this new meme coins soaring market value soon.
Pepe coin has wild volatility and is capable of making millionaires in the crypto space. This makes it one of our favorite tokens, as it has the potential to go on strong rallies and create wealth for investors.
During Pepe’s launch, there were a lot of people who FOMOed and are currently bag holders. Significant rallies in Pepe coin might be followed by dumps as token holders aim to break even. Reaching new highs might be a bit challenging for the meme coin.
Buy PEPE on crypto exchanges like Binance
Shiba Inu was created in August 2020 by an anonymous figure, Ryoshi. It is an Ethereum-based meme coin that has grown from its inception to become a world phenomenon and a contender for the best meme coin. With 3.7 million followers on Twitter, its community engagement rivals many in the crypto market.
Shiba Inu’s charm and headlines were one of the first driving factors in its appeal to the crypto community. Huge personalities such as Elon Musk and Vitalik Buterin also contributed to its traction, which has grown to yield over 490,000% ROI for early investors.
Although Shiba Inu was initially designed to be a meme coin with use cases that primarily covered payment, the impending launch of its Shibarium will change that.
The impending launch of Shibarimu, which will add utility to the Shiba Inu ecosystem, is a bullish indicator and adds to its appeal. It is expected to create an upward trajectory, making it a promising standout amongst many meme tokens.
With an almost 500,000 ROI, Shiba Inu might not be the best meme coins to buy and crypto to invest in for investors aiming for wild volatility. You can read more in our Shiba Inu review.
You can buy Shiba Inu on crypto exchanges like Binance
YooShi was launched in May 2021 on the Binance Smart Chain (BSC) and skyrocketed to new highs. While originally designed to be a meme coin, it has evolved into a Metaverse-focused cryptocurrency with diverse functions.
As a community-driven meme coin that connects GameFi elements with NFTs, YooShi has a strong community engagement, even on Twitter. YooShi aims to be the world’s largest blockchain-based gaming NFT Metaverse, making its utility token, YOOSHI, a compelling investment.
Within its ecosystem, it hosts several play-to-earn games and an NFT marketplace, where gamers can bid for NFTs.
YooShi’s addition of real-world use cases with the launch of its gaming launchpad makes it appealing to investors and is likely to result in an uptrend in its price.
YooShi is a meme coin that is susceptible to the high volatility that characterizes meme coins.
You can buy YooShi on crypto exchanges like Coinbase
Floki is a meme coin compatible with both the Ethereum and Binance Smart Chain (BSC) networks. Floki tokens, inspired by Elon Musk’s pet dog and a Viking character, launched in July 2021. Floki was birthed by fans of Shiba Inu and has now grown a significant fanbase of community members on Twitter.
Floki is dubbed the “People’s cryptocurrency” and has gained large traction within the crypto landscape. This will also contribute to its future growth, with analysts predicting significant rallies for this digital token.
Floki was initially developed to be a meme coin but has evolved from its meme culture of fun and lightheartedness to having real-world applications. This includes NFTs and the Metaverse.
As a meme token with tangible use cases, we believe it will rally, particularly during the impending bull rally sometime this year.
As a meme coin, Floki is more volatile than many alt-coins, which makes it a risky investment.
Buy Floki on crypto exchanges like Binance
Dogelon Mars launched on April 23, 2021, as a fork of Dogecoin (DOGE). Dogelon Mars is a dog-themed meme token like Dogecoin and Shiba Inu, built on Ethereum and Polygon.
Dogelon Mars has built a strong community since its launch, with over 400k followers on Twitter. Dogelon Mars is a meme coin and doesn’t have much utility. This makes its value largely fueled by hype. Nevertheless, Dogelon Mars (ELON) is expected to appreciate rapidly, especially when the broader market appreciates and the meme coin frenzy picks up.
As a hard fork of Dogecoin, Dogelon Mars has the potential to rally like the former. So, it makes our cut for the top meme coins.
Dogelon Mars makes for a great investment due to its volatility.
Dogelon Mars is susceptible to high volatility, just like most, if not all, meme coins.
Buy Dogelon Mars on crypto exchanges like Coinbase
Samoyedcoin concludes our best meme coins, being one of Solana’s leading meme tokens. Samoyedcoin was born from the meme coin frenzy in 2021, which saw it soar and become a top coin within the Solana ecosystem and the broader crypto landscape.
Samoyedcoin was intended to promote, educate, and support the Solana ecosystem. Samoyedcoin brought the meme coin frenzy into the Solana ecosystem and has over 100k followers on Twitter.
We are confident about Samoyedcoin being a top meme coin because of the integral role it plays in the Solana ecosystem. It helps with onboarding Solana users and other activities that improve their experience.
Samoyedcoin has been in a downtrend, meaning it is close to its bottom. This makes it a profitable investment, as its rally will be significant.
At this point, the risks associated with meme coins shouldn’t be a secret, as they are very volatile assets, including Samoyedcoin.
Buy Samoyedcoin on crypto exchanges like Coinbase
A meme coin is a cryptocurrency whose value is derived from hype, popularity, viral trends, and internet memes. Meme coins are characterized by intense volatility, speculative value, fun, lightheartedness, and catchy names.
Meme coins have a unique appeal within the crypto space, which attracts passionate followings within the crypto landscape. While conventional meme coins weren’t created with utility in mind, emerging ones are now imbued with real-world applications, which span NFT, GameFi, AI, and Metaverse, to mention a few.
The history of meme coins can be traced to the emergence of Dogecoin in 2013. Dogecoin, created as a joke by Billy Markus and Jackson Palmer, was the beginning of what now makes up an ecosystem within the crypto landscape and the resulting meme coin frenzy.
The rise in Dogecoin’s popularity can be attributed to its fun nature, Shiba Inu dog logo, and internet meme references. Its emergence and rise sparked a meme coin movement. They followed suit and gained popularity through dedicated communities that were drawn to their humor, online trends, and potential for significant gains.
Meme Coin’s history is a mixture of fun, entertainment, decentralized finance (DeFi), and social engagement, which introduces a more relatable and lighthearted nature to the cryptocurrency and blockchain landscapes.
Just like with every commodity or asset, meme coins are chiefly determined by market dynamics. In this section, we will highlight how the value of a meme coin is determined.
The principle of demand and supply is the primary factor that determines the value of a meme coin. If demand surpasses token supply, the value is likely to soar, and vice versa.
Meme coins are subjected to more speculative token trading than their underlying value, which can lead to rapid price fluctuations.
Meme coins’ values are fueled by public perception and coverage from the media. A single tweet from an influential figure can make the value of meme coins skyrocket, as will endorsements. On the other hand, criticism can also significantly impact the value of meme coins.
Meme coins are built on the backs of active community interaction, which drives their value. Engagement within the community will create hype, which will spread across the crypto landscape and drive demand. This, in turn, will influence the value and community rewards.
Although meme coins are cryptocurrencies, they differ in some areas from other alternate or utility cryptos. What differentiates meme coins include:
The benefits of investing in volatile meme coins are:
Meme coins are digital currencies with the potential to skyrocket. Early investors are more likely to enjoy the bullish ride of meme coins, resulting in increased participation in presale tokens.
Strong and vibrant communities create an opportunity to network and engage with other enthusiasts with enormous interest.
Meme coin crypto projects are known to tap into internet trends and popular culture. This makes them appealing to certain demographics interested in the fun and entertainment part of cryptocurrency. As a result, investment in meme tokens is perceived as a fun way to participate in the crypto landscape.
Meme coins’ low prices not only make them appealing but also make them low-capital investments. Investors can invest with crypto brokers and a low capital investment, accumulate significant tokens, and enjoy huge returns on their investments.
Some of the risks of buying meme tokens are:
Meme tokens are characterized by extreme price volatility, which is a double-edged sword as they can experience rapid losses as well as profits.
One of the major reservations about meme tokens is the lack of fundamentals or underlying values. This makes them less appealing as long-term investments, and their value is often driven by short-term factors like trends or popularity.
As a novel innovation, cryptocurrency is largely unregulated, which makes the meme coin ecosystem more fraught with fraudulent activities, security breaches, and crypto scams. Investors are advised to do due diligence before investing in meme coins.
Meme tokens are significantly driven and affected by speculation, which makes them susceptible to manipulation and pump-and-dump schemes, which can lead to potential losses.
Some meme tokens feature low liquidity, meaning large purchases or sales tend to significantly affect the market price. If the latter happens, investors will suffer losses as they will be made to exit liquidity.
While there are several factors to consider before investing in meme coins, here are the key ones:
This should be the first step in your investment journey to buying meme coins. Do thorough research on the meme coin project, which should include understanding its whitepaper, roadmap, team, technology, and goals.
Evaluate the token’s supply and market capitalization. A high market capitalization means the meme coin has less growth potential, while a meme coin project with a low market capitalization presents higher volatility, which could either mean rapid growth or decline. So be smart about your investment.
The community’s strength says a lot about a project and its future sustainability. A supportive community will churn out positive sentiments that will drive demand and positively impact prices, and vice versa.
Factor in the meme coin’s liquidity before buying one. Higher liquidity means prices won’t be affected much by the whims of market dynamics, particularly large transactions.
Although the entire crypto landscape is characterized by volatility, meme tokens are considered riskier investments than more established cryptocurrencies. Nevertheless, meme coins cannot be categorized as inherently unsafe, even though they are susceptible to manipulation and a lack of regulations.
It is up to you to conduct due diligence and choose the best meme coins to invest in to enjoy the immense benefits that come with meme coins and put them in a safe crypto exchange. Just invest the money you are comfortable losing and watch how it pans out, which will likely be significant considering it is a solid meme token.
Meme coins can be purchased across centralized and decentralized exchanges, much like utility tokens. We will highlight detailed steps on how to purchase meme coins from eToro, a centralized crypto exchange.
Create a new account by visiting e-Toro and clicking on “Sign up” to create a free account. The account will allow you to purchase popular meme coins.
Once you have created an account by providing the necessary information, you will need to verify it. To do this, click “Verify” to begin the authentication process and enter the required information.
Before purchasing a meme coin, you need to fund your account first. Enter the amount you wish to fund your account with, select your payment method, enter card details, and then click on “Deposit.”
Explore the world of meme coins by searching for your favorite tokens. Select the meme token you wish to purchase and the quantity, then make payments.
New meme coins in presale stages can be purchased via crypto wallets with dApps like MetaMask or Trust Wallet. We will provide a step-by-step guide on how to purchase Shiba Memu via MetaMask.
MetaMask is a reputable crypto wallet that you can connect to the Shiba Memu website to purchase the token. After downloading it, create a wallet.
ETH, USDT, BNB, or BUSD are required to purchase Shiba Memu tokens. Consequently, purchase some in your crypto wallet.
Head to the Shiba Memu homepage, connect your MetaMask wallet and then select the preferred cryptocurrency you wish to purchase the token with. Next, choose the token quantity, then confirm the purchase.
The presale needs to be concluded before you can receive your Shiba Memeu tokens. After the presale’s conclusion, they will be claimable on the official website of Shiba Memu.
Meme coins make great investments as they can be in uptrends while the general market dips. This makes meme coins profitable investments thanks to their volatility. In this article, we provide you with the best meme coins with the potential for significant rewards while also hinting at the risks.
Considering how intense meme coin volatility is, you need to consider some key factors, including thorough research. Nevertheless, many meme coins present opportunities for significant gains by investing in crypto, the best of which were mentioned in this article.
Careful consideration and research were involved in choosing the best meme cryptos. For this guide, we put into consideration the project in which it operates, the appeal and use cases of the crypto, its market potential, the development team, platform security, regulatory compliance, its adoption rate, tokenomics, and supply of the tokens. These are the key factors involved in selecting the best meme tokens.
For more information about the process of selection, check out ‘How we test’ and ‘Why trust us’ to understand how we picked the best meme cryptos.