Although meme coins are always associated with risk, it cannot be denied that opportunities often arise with some meme coins and the hype surrounding them. Historically, meme coins are “anything goes” – meaning they have great potential to earn astonishing profits in bullish markets.
Finding potential meme coins for investment is not simple, as there are hundreds and thousands of different meme coins on the market. However, do not worry, this article will provide you with a list of the best meme coins currently available, along with reasons why they made it to this top list. Stay tuned.
Contents
- 1 Best Meme Coins to invest 2024
- 1.1 Dogecoin (DOGE)
- 1.2 Shiba Inu (SHIB)
- 1.3 PEPE (PEPE)
- 1.4 ArbDoge AI (AIDOGE)
- 1.5 Turbo (TURBO)
- 1.6 WOJAK (WOJAK)
- 1.7 Milady MEME Coin (LADYS)
- 1.8 Floki (FLOKI)
- 1.9 SafeMoon Inu (SMI)
- 1.10 Akita Inu (AKITA)
- 1.11 Tamadoge (TAMA)
- 1.12 Tora Inu (TORA)
- 1.13 Dogelon Mars (ELON)
- 1.14 Dogs of Elon (DOE)
- 1.15 Hoge Finance (HOGE)
Best Meme Coins to invest 2024
Dogecoin (DOGE)
Ever since the first meme coin craze, many people keep asking: “Is Dogecoin a good investment?”. Dogecoin may have started as a joke, but it has established itself as a formidable name in the cryptocurrency space. Unlike other currencies focusing on anonymity or transaction speed, Dogecoin is all about fun and community. Its symbol is a Shiba Inu dog, and its slogan is “fly to the moon” – How fun.
Despite its origin as a humorous meme, Dogecoin possesses substantial support. Early adoption of SegWit technology, along with its moderate fees and rapid transaction speeds, contribute to its strength. Crucially, Dogecoin’s vibrant and extensive user community plays a vital role in its success. Thus, what began as a joke has evolved into a significant cryptocurrency contender.
Elon Musk, CEO of Tesla and SpaceX, has been pivotal in Dogecoin’s recent surge. His influence in the tech world is undeniable, and his tweets about Dogecoin have significantly boosted its value. Musk’s decision to accept Dogecoin for payments on his company’s website further elevates its status. Consequently, Dogecoin has emerged as one of the world’s most popular cryptocurrencies, moving steadily towards mainstream acceptance, largely thanks to Musk’s backing.
The most exciting thing is that Elon Musk recently bought Twitter and declared to turn it into a Super App. This might integrate payment methods, and Dogecoin could be one of them. Integrating with Twitter will make DOGE one of the best potential meme coins to buy in 2023.
Shiba Inu (SHIB)
When the cryptocurrency market was experiencing unprecedented growth, a newcomer quickly drew the attention of investors and traders. Shiba Inu, also known as the “Dogecoin killer,” was launched in August 2020 by a group of anonymous developers. The mascot of Shiba Inu is based on the famous Shiba Inu dog breed.
While it remains to be seen whether Shiba Inu can dethrone Dogecoin to become the king of meme coins, there’s no denying that the project has created significant excitement in the cryptocurrency space. Only time will tell if Shiba Inu can sustain the strong support of its community.
Besides its strong community, Shiba Inu is one of the most potential meme coins to buy in 2024 due to its improving fundamentals. One of them is the Shiba Inu Metaverse – currently under development. The Shiba Inu Metaverse is still in its early stages, but it already has some popular features. These include a marketplace, where users can buy and sell items; a social media platform, where users can connect with others; and a gaming platform, where users can play games.
One of the most important issues to address in the blockchain world is scalability. As more and more users adopt blockchain technology, the need for quick and efficient transactions becomes crucial. A proposed solution is called Shibarium. Shibarium is a Layer 2 scaling solution that uses sharding to improve transaction speed and efficiency.
All these factors have kept SHIB among the top best meme coins to buy. With the market uptrend returning, there is a high possibility that SHIB could repeat its 2021 price surge.
PEPE (PEPE)
PEPE is one of best meme coins. It is a memecoin inspired by the famous internet meme of the same name – the green frog PEPE. The main slogan of PEPE coin is: “The time of dogs is over. The time of PEPE has come. PEPE is the memecoin that most embodies the spirit of memes in existence.” Meaning, PEPE coin will end the domination of dog-based MEME coins.
$PEPE World Order pic.twitter.com/jQyNxtf0GO
— Pepe (@pepecoineth) April 15, 2023
PEPE có tổng cộng 420.690.000.000.000 token tất cả. Nó hoạt động với nguyên tắc “No Taxes, No Bullshit” giúp đơn giản hóa đề xuất giá trị của nó.
The tokenomics of PEPE coin*** 420 trillion tokens. Why this number? This figure itself pays homage to the popular meme numbers 4:20 and 69. To explain, 4/20 is slang for communal “SMOKING WEED.”
The PEPE token has no utility whatsoever. This has been clearly stated on their official website. It is simply a speculative/store of value product, and its value is influenced by market sentiment and the community’s hype. Despite such weak fundamentals, PEPE has still managed to attract a wide user base and currently sits comfortably in the top 100 largest coins by market capitalization.
Read more: What is PEPE coin?
ArbDoge AI (AIDOGE)
AIDOGE is a meme coin on the Arbitrum network and is considered an experiment for this ecosystem. There are no venture capital organizations or investment funds here. AIDOGE coin was created to be distributed entirely to the community. The creators of ArbDoge AI are enthusiasts of AI and Arbitrum. They created ArbDoge AI (AIDOGE) with the purpose of collaborating with the community to develop a series of powerful products using AI+Web3.
The total amount of AIDOGE tokens is 210,000,000,000,000,000, and it will be distributed 100% to those who have received the Arbitrum Airdrop.
AIDOGE is a deflationary token. It will be used by AIDOGE ecosystem applications. AIDOGE has a 15% burn tax, so you should adjust your slippage to around 20% when buying/selling to ensure a successful transaction. Overall, AIDOGE was created as a reward for Arbitrum owners, encouraging users to hold AIDOGE to enjoy some of the benefits it offers.
Turbo (TURBO)
Turbo is a meme coin project featuring a frog from the future as its symbol, created by digital artist Rhett Mankind using AI GPT-4 for only $69. This project is an example of AI’s creativity in creating projects. Being AI-generated and part of the meme trend, which are both very hot areas currently, Turbo has attracted the attention of speculators and reached a market capitalization of $50 million in just a few days.
Notably, according to Rhett on Twitter, ChatGPT automatically selected the symbol, token name, and whitepaper for the project, including mechanisms like zero taxes, a renounced contract, no presale, and an anti-whale provision for TURBO coin.
There are a total of 69,000,000,000 TURBO tokens. It will allocate community fundraising: 60 billion TURBO, and the founders: 9 billion TURBO. There will be no tax on transactions. Later, the founders will renounce contract ownership to make this project community-owned.
WOJAK (WOJAK)
Don’t confuse it with Wojack Finance (WOJ), WOJACK is a memecoin named after a popular meme on cryptocurrency Twitter. It is also one of the best meme coins you should watch out for.
This Wojack meme is used to depict people who are either happy or suffering, and it’s often used to describe extreme emotions after buying a certain coin.
Notably, WOJAK aims to create a decentralized platform to connect people through the power of memes. The WOJAK token will serve as the native currency of the platform, allowing users to participate in various activities, including buying, selling, and trading memes, participating in community-driven events, and connecting with like-minded individuals globally. Currently, WOJAK is also available on several famous CEX platforms such as Bitget, BingX, BitMart, BTCEX, and MEXC…
Milady MEME Coin (LADYS)
Why is LADYS one of the best meme coins? Milady Meme Coin (LADYS) is a coin created to “piggyback” on the Milady Maker NFT collection. It is known that Milady Maker is an NFT collection designed by Charlotte Fang, and thanks to its unique & interesting style, it has become a widespread meme on Twitter and is chosen by many as their profile picture. Especially, on May 10, billionaire Elon Musk tweeted an image of a Milady NFT, which caused a stir in the cryptocurrency community and led to a search for Milady-related memes.
In fact, LADYS coin is not related to the Milady NFT collection. The project’s website clearly states that LADYS coin has no connection with Charlotte Fang or her Milady Maker creation. LADYS is simply a token of respect for this NFT collection. However, after Elon Musk mentioned Milady, all projects related to Milady have attracted FOMO. The community discovered the Milady Meme Coin (LADYS) project, created just a few days ago. A frenzy started around Milady Meme Coin, especially as many major CEX platforms decided to list this coin, like Bybit, MEXC, Gate.io, Bitget,… causing its price to skyrocket.
— Elon Musk (@elonmusk) May 10, 2023
According to the tokenomics of LADYS coin, it has a total of 888,000,888,000,888 tokens. And 1% of the supply was airdropped to all holders of $PEPE and Milady NFTs.
Floki (FLOKI)
FLOKI is not a new meme coin; it has been famous for a long time, alongside DOGE and SHIB. However, it received a lot of attention in this memeseason when the Binance exchange decided to list FLOKI on May 5. This caused a stir in the community, and FLOKI’s price surged by 55% immediately afterward.
Floki (FLOKI) is a meme coin but also a utility token of the Floki Ecosystem. It is a cryptocurrency born out of the fans and community members of Shiba Inu (SHIB) and was inspired by (and named after) Elon Musk’s Shiba Inu dog.
The community calls itself “Floki Vikings” to honor Floki (Musk’s dog), named after a Viking character. Floki takes its community efforts seriously and has been frequently listed in LunarCrush’s Top 10 social interaction rankings. Compared to other best meme coins listed here, Floki is the most “serious” coin, with positive development goals and efforts to expand its ecosystem with projects like Metaverse, Defi, NFT Marketplace…
SafeMoon Inu (SMI)
SafeMoon Inu is a cryptocurrency aimed at creating a gaming community inspired by meme culture. The project was founded by John Karony, who strongly believes in the power of memes and gaming to shape the world positively. Its token is SMI, and it runs on the Binance Smart Chain (BSC).
The team is also developing a platform called SMI Play, which includes various game genres like sports, action, adventure, puzzle, etc. Moreover, this platform will be fully integrated with the SafeMoon Inu economy, providing many applications and utilities for the SMI token. Currently, there are 1 trillion SMI tokens in existence, and they are continuously burned. This makes SafeMoon Inu a potentially deflationary meme coin, and its price will increase as demand rises.
Akita Inu (AKITA)
Akita Inu is a decentralized cryptocurrency that runs on Ethereum, designed to create a community-based ecosystem. Its AKITA token, following the ERC-20 standard, is used to incentivize participation in the Akita Inu community.
Akita Inu offers several features for its users, including a marketplace, a social platform, and a payment system. This meme coin is currently in development, and its team is actively working to build its ecosystem. The goal of the Akita Inu project is to create a supportive community ecosystem that can offer users a variety of services and products.
One aspect that makes Akita Inu a potential meme coin for 2024 is its token-burning mechanism. So far, 7% of Akita Inu tokens have been burned, with more to be burned in the future. This is positive as it will drive up the price of AKITA if demand increases.
Tamadoge (TAMA)
Tamadoge (TAMA), although a relatively new cryptocurrency, is one of the leading meme coins in terms of trading volume and is favored by many investors.
What exactly is Tamadoge? Tamadoge allows players to access various play-to-earn (P2E) features. With Tamadoge, players can earn rewards by playing games, staking tokens, or participating in governance. Additionally, TAMA can be used to purchase in-game items or traded on decentralized exchanges. Tamadoge is an integral part of the expanding Tamaverse P2E ecosystem.
With its strong use cases, Tamadoge’s tokenomics make it one of the best meme coins to buy in 2024. While most meme coins tend to have an inflationary supply, Tamadoge’s supply is capped at 2 billion tokens. As demand for TAMA increases in the Tamaverse and the broader market recovers, TAMA promises significant price growth.
Tora Inu (TORA)
Tora Inu is a relatively new altcoin that many are not yet familiar with. What makes Tora Inu one of the most potential meme coins to buy in 2024 is its deflationary token. This is an advantage for any project.
But beyond tokenomics, Tora Inu also offers unique features that help it stand out in the Play-to-Earn space. The Tora Inu ecosystem is designed to help users maximize their asset growth. One way to do this is through staking, which allows users to lock up their assets and earn competitive interest rates. It also has activity-based rewards and a referral program, helping users earn more from their stakes. Essentially, the Tora Inu ecosystem provides strong incentives for users to grow their assets and participate in the P2E economy.
As the cryptocurrency world becomes increasingly competitive, crypto teams are doing whatever they can to differentiate their coin. One area where Tora Inu excels is its focus on security. In today’s environment, hacking threats are a major concern for any cryptocurrency. But as the Tora Inu team explains in their whitepaper, they are committed to protecting this cryptocurrency from these dangers.
By continuously checking for vulnerabilities and weaknesses, investors can rest assured that their assets are safe. In an industry where hacking incidents are all too common, this added level of security is a welcome solution for both investors and users. That’s also why Tora Inu is one of the top meme coins to consider buying in 2024.
Dogelon Mars (ELON)
Dogelon Mars is a promising meme coin looking to capitalize on the popularity of Dogecoin and its most famous supporter – Elon Musk. The project was established by a group of Dogecoin enthusiasts who believe that this currency has great potential but is undervalued by the market. To increase its appeal, they combined the two most famous figures in the cryptocurrency world and created a new coin they hope will be more successful than its predecessors.
Dogelon Mars has gained some traction, with several exchanges listing it and many in the crypto community showing interest.
With its close connection to Dogecoin, if Dogecoin performs well in 2024, Dogelon Mars could also see significant growth. For this reason alone, Dogelon Mars is definitely one of the best meme coins to consider investing in for 2024.
Dogs of Elon (DOE)
When it comes to the world of non-fungible tokens (NFTs), there are many projects to choose from. However, one cryptocurrency quickly gaining attention is Dogs of Elon (DOE). Those behind Dogs of Elon describe this cryptocurrency as an improved version of CryptoPunks.
Unlike CryptoPunks, which feature human avatars, Dogs of Elon focuses on dog avatars. There are 10,000 unique NFTs in the project, each based on a different dog breed. Beyond the intriguing appeal of the avatars, Dogs of Elon also allows users to breed their own dogs, create kennels, and participate in races. As the popularity of NFTs continues to rise, it will be interesting to see how Dogs of Elon evolves.
However, one thing is certain: community engagement with Dogs of Elon is growing, makes Dogs of Elon one of best meme coins should you buy 2024.
Hoge Finance (HOGE)
Hoge Finance (HOGE) is an ERC-20 DeFi auto-staking token. This coin is also deflationary and has a capped supply. The project’s goal is to provide financial accessibility to everyone through the power of memes and staking. Its community has started working on developing dApps, leading to 25% of the total supply being locked.
The Hoge Finance team plans to use a portion of the total supply to fund the development of additional features and integrations, as well as to reward contributors. The remaining tokens will be available for purchase on exchanges. Hoge Finance has secured listings on several top cryptocurrency exchanges in the market.
With these developments and the fact that the broader market is declining, it’s very likely that Hoge Finance is an undervalued cryptocurrency at its current price. This makes it one of the best meme coins to buy for 2023.
In conclusion:
With nearly 20,000 cryptocurrencies on the market today, it can take time to choose the most potential best meme coins to invest in for 2024 – but we believe this list will help you somewhat. From a personal standpoint, I think Dogecoin (DOGE) is the most prominent name on this list. That’s because it has a strong brand, and any new investor looking for a meme coin is likely to choose it first. Above all, being one of Elon Musk’s favorite cryptocurrencies gives it an advantage over other meme coins.
However, all advice should only be taken as a reference, not as investment advice. We wish you wisdom in your decisions.