While funny by design, meme coins are no joke in a bull market—they have the potential to deliver huge returns for token holders when they pump. Right now, meme coins are soaring across the crypto market and we’ve seen several tokens with explosive potential.
In this guide, we’ll highlight 12 of the best meme coins to buy today and explain what to consider when investing in meme coins.
- Dogeverse is a trending multichain meme token that could 10x ahead of BTC halving event.
- As a PoS token users can stake their $DOGEVERSE tokens and earn passive rewards.
- Wormhole and Portal Bridge technology gives $DOGEVERSE holders access to other blockchains to maximize cheaper fees and faster transactions.
ETH
USDT
BNB- +1 more
- Brand-new meme ERC20 token integrating two hot niches AI and crypto meme culture
- Degens can buy and stake $WAI to earn passive rewards in excess of 1,950% p/a
- WienerAI's presale is currently trending having raised over $340k
- ETH
- USDT
Bank Card- +1 more
- Trending new SOL meme coin making headlines on social media with imminent CEX listings
- With over $500k raised in a matter of hours, $SLOTH aims to go viral like $SLERF and $BOME
- Degens can get their hands on $SLOTH by sending $SOL to the token address and waiting for the airdrop
SOL
- Previous version witnessed 100x pump in 2023
- Massive community of Spongers including +30k followers on social media
- Early investors can buy and stake $SPONGE tokens for 172% p/a rewards
- ETH
- USDT
- Bank Card
- Massively-hyped solana meme coin with unprecedented airdrops
- Buy and stake $SMOG tokens for 42% APY rewards
- Complete tasks, quests, and challenges to earn rewards
- ETH
- USDT
- Bank Card
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Top 12 Meme Coins to Invest in Today
Let’s dive straight into our list of the 12 best meme coins to buy right now.
- Dogecoin20 – Dogecoin reimagined with staking rewards, smaller energy footprint, and token supply cap.
- Slothana – Hottest new meme coin launched on the Solana blockchain.
- Sponge V2 – Relaunch of explosive meme coin with a highly engaged community of 13,000+ token holders.
- Smog – Solana meme coin up 13,000% since launch, now bridging to Ethereum at a 10% discount.
- Lucky Boo – Dog-themed meme coin built on Solana. 40% of the token supply will be offered via airdrops.
- Book of Meme – Explosive meme coin with $740 million market cap, surging as Binance launches futures trading.
- SLERF – Surging meme coin up 3,700% after founders accidentally burned $10 million worth of presale tokens.
- Dogecoin – World’s largest meme coin, endorsed by Elon Musk for future Tesla payments.
- Pepe – Massively popular meme coin coming off a pump, likely more action in store ahead.
- Bonk – Solana meme coin with tons of development, including 119 integrations across 10 chains.
- Dogwifhat – Fast-growing meme coin up 400% in past 3 weeks, approaching 5,000 token holders.
- Floki – Shiba inu meme coin named after Elon Musk’s dog, likely to pump with next Musk tweet.
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Analyzing the Best Meme Crypto Coins to Buy
Want to know more about the best meme coins to invest in? We’ll explain why each of these tokens offers high potential to deliver big returns.
1. Dogecoin20 – Dogecoin Reimagined with Staking Rewards and Supply Cap
Dogecoin20 is a new meme coin that’s re-creating $DOGE on the Ethereum blockchain. In the process, Dogecoin20 is reducing Dogecoin’s energy footprint by more than 99% and introducing staking rewards for investors. During the Dogecoin20 presale, token holders can earn an impressive 281% APY just for staking their coins.
Dogecoin20 is also making an important tweak to the original $DOGE by capping its token supply at 140 billion $DOGE20. By adding a supply cap, DOGE20 ensures that spikes in demand lead to sharp increases in price, creating more value for existing token holders.
Dogecoin20 is currently in its presale, and demand for the token has been insatiable. It’s already sold nearly $3 million worth of $DOGE20. The project plans to launch on Uniswap, putting $DOGE20 in front of a potentially huge audience of traders and investors. We think this meme coin has all the makings of a massive pump.
2. Slothana – Latest Solana Meme Coin
Slothana is the latest meme coin to be launched on the Solana network. Looking to build on the success of Bonk and Dogwifhat, Slothana has raised more than $540,000 already.
The team behind the project have opted for a no tiered presale meaning that all tokens are immediately available and everyone pays the same price.
Getting hold of the $SLOTH token is quick and easy. All you have to do is deposit $SOL in to the Slothana token address –
(EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA)
and your $SLOTH tokens will be immediately air-dropped to you. The current going rate is 10,000 $SLOTH for every $SOL you deposit. Once all of the tokens have been sold, the presale is closed.
Once the presale is over, the team will push for a listing on a major exchange such as Binance or MEXC.
Although we are unable to confirm, it is thought the team behind Slothana are the same team which brought us Smog. If this is true, we can expect a smooth and trusted presale.
As you may be aware, meme tokens hold no intrinsic value other than for speculative investment purposes. While this current trend may not last forever, the frenzy for Solana meme tokens is helping to fuel the positive hype currently around the crypto industry.
For more information on the project and all the latest news, be sure to follow Slothana on X.
3. Sponge V2 – Relaunch of Explosive Meme Coin with Large Community
Sponge V2 is an upgraded version of the $SPONGE meme coin, which exploded more than 90x when it first launched in May 2023. Now, Sponge V2 aims to break the 100x barrier and catapult into the ranks of top meme coins like Dogecoin, Shiba Inu, and Pepe.
Sponge is well on its way to achieving that. Heading into the V2 launch, the project already has a highly engaged community of more than 13,000 token holders. In addition, the team behind Sponge has announced a new play-to-earn crypto game, which is likely to draw in a wider audience including gamers.
The best indicator of $SPONGE V2’s likely success is that more than $23 million worth of V1 tokens have been permanently locked and bridged to V2. Token holders who buy V2 tokens now, ahead of the public launch, can earn staking rewards of up to 173%.
The Sponge team’s ultimate goal is to list $SPONGE V2 on exchanges like Binance and OKX. If the project achieves those listings, look for the price chart to turn vertical.
4. Smog – Solana Meme Coin Bridging to Ethereum at a 10% Discount
Smog is a new Solana meme coin that’s taken the crypto market by storm. Since launching on Solana in early February, the token is up more than 13,000% and has amassed a community of more than 100,000 token holders.
Now, Smog is expanding to the Ethereum blockchain, where investors can earn staking rewards up to 42% APY. For a limited time, investors who buy Smog on Ethereum and stake their tokens will get a 10% discount from the current $SMOG price.
Smog has kept its community engaged and built up hype by promising a series of token airdrops, the first of which will land in just 2 weeks. How much $SMOG token holders will receive in the airdrop depends on how much $SMOG they own and how long they’ve held it. So, investors won’t want to wait to get their hands on this meme coin.
5. Lucky Boo – Solana-Based Doge-Themed Meme Coin
The next top meme cryptocurrency to watch in 2024 is Lucky Boo ($BOO). Built on the Solana blockchain, Lucky Boo has recently launched its presale campaign. Early $BOO token holders can earn huge airdrop giveaways with this project.
Lucky Boo aims to be your crypto good luck charm, shaping up as a potential long-term investment opportunity. With the recent success of Solana meme tokens such as $BONK and $SLERF, investors are looking for the next big cryptocurrency to join.
Lucky Boo launched its presale campaign on 5th April 2024 and sold out the first round within days. Now, $BOO is available to buy during the second round. You can invest 1 SOL and get 178,444 $BOO tokens through the ongoing presale round. Connect to the presale with a compatible wallet like Phantom to invest in $BOO.
Lucky Boo aims to conduct one of the biggest airdrops on Solana. From the total supply of 8.1 billion tokens, 40% (3.24 billion) will be offered via airdrops. You can purchase and hold tokens through the presale and be eligible for the airdrop campaign.
So far, 5% of the token supply is being distributed through the presale. With $BOO set to conduct its initial exchange offering after the presale, investors have a final chance to purchase this cryptocurrency before it lists. For more information, go through the Lucky Boo whitepaper and join the Telegram channel.
6. Book of Meme – Explosive Meme Coin Surging as Binance Launches Futures Trading
Book of Meme is another explosive Solana meme coin that’s making huge waves among traders and investors. Since launching 2 weeks ago, $BOME is up more than 21,000% and has built up a community of more than 70,000 token holders.
The token has benefited from huge listings, including on Binance. In fact, Binance just announced that it will also start offering perpetual futures trading on $BOME with leverage up to 50x. That’s driven a renewed frenzy in Book of Meme, which now has a market cap of nearly $750 million.
Keep in mind that unlike some of the other meme crypto coins we’ve covered, Book of Meme has no utility, staking, or giveaways. This token is fully speculative, so it’s more suitable for short-term investing and trading than long-term investing.
7. SLERF – Surging Token up 3,700% after Burning $10 million in Presale Tokens
SLERF is one of the newest meme coins to hit the crypto market, having launched just over 24 hours ago. It’s already surged more than 3,700% in trading on Solana’s Raydium DEX and rocketed to a market cap of nearly $400 million.
The token’s success is thanks in part to an accident: the project team mistakenly burned $10 million worth of $SLERF tokens, which it had planned to distribute to investors in the project’s sold-out presale.
That accident has generated huge amounts of free publicity for SLERF. Virtually every major crypto outlet has run news stories about the screw-up—and driven huge interest in SLERF in the process.
After all, it’s perfectly in keeping with the ethos of meme coins to burn value without warning or reason. Meme traders and investors are enthralled with SLERF, and we expect to see that enthusiasm carry forward for a long time to come.
8. Dogecoin – World’s Largest Meme Coin Endorsed by Elon Musk
Dogecoin is the world’s largest meme crypto by market cap, and it’s fared extremely well in past crypto bull markets. In keeping with that trend, $DOGE is up more than 50% in the past month, outperforming top tokens like Bitcoin and Ethereum.
Dogecoin also got a recent boost from Elon Musk, the Tesla and SpaceX founder who’s massively popular within the crypto community. Musk announced that Tesla would consider accepting Dogecoin for payments in the future. If that happens, it would create a huge market for $DOGE and show that this token can be used successfully for real-world payments.
It’s worth keeping in mind that $DOGE already has a market cap of $18 billion, so this token isn’t likely to deliver explosive gains like other best meme coins. However, it’s consistently held its value and gone up over time, so it’s potentially a good option for long-term investors.
9. Pepe – Popular Meme Coin with More Pumps Potentially in Store
Pepe remains one of the only non-shiba inu-themed meme coins to challenge Dogecoin for dominance of the meme coin market. Today, it has a market cap of more than $2.75 billion and just experienced a pump of more than 800%.
We think there’s a lot more gas left in the tank for $PEPE even as its price recedes from the recent surge. Every time crypto media has declared Pepe ‘dead’ in the past, the token has come roaring back to life and hit new highs.
That could be the case again today, especially as the crypto bull market is expected to lift meme coins across the board. Investors in $PEPE may need to weather some ups and downs, but we think it’s never a good idea to count Pepe out as the next meme cryptocurrency to explode in.
10. Bonk – Solana Meme Coin with 119 Integrations across 10 Chains
Bonk was one of the first meme coins to put the Solana blockchain on the map for meme traders and developers. Now, $BONK has more than 660,000 token holders and a market cap of $1.4 billion. This is a meme crypto that’s here to stay, and we think it could have a lot of growth ahead in.
What’s exciting about Bonk is that it’s become more than just a meme coin. The project has taken development seriously and worked hard to integrate itself into DeFi projects, exchanges, crypto games, and NFT collections. Bonk now boasts more than 119 integrations across 10 different blockchains.
On top of that, Bonk is listed on major exchanges like Coinbase, Binance, and more. This meme token has built a solid foundation, and that base could pay off in huge price gains as the crypto bull market heats up.
11. Dogwifhat – Fast-growing Meme Coin up 400% and Nearing 5,000 Token Holders
Dogwifhat is a traditional meme cryptocurrency with no utility, but we think it’s one of the best meme coins to invest in today. The dogwifhat meme has proven incredibly popular and the $WIF token has exploded to a $2.5 billion market cap in just a few weeks after launch. In the past 3 weeks alone, $WIF is up more than 700%.
Dogwifhat is no longer a small-cap meme coin, but we think it still has a lot of room for further gains. The token is currently down from its surge high in what appears to be a period of consolidation. The next round of meme coin hype could send $WIF shooting to all-time highs.
One catalyst that could be on the horizon is Dogwifhat’s meme generator, which will enable users to add any hat they want to the meme’s dog. The meme generator has the potential to drive up engagement and encourage more traders to pile into $WIF for another pump.
12. Floki – Shiba Inu Meme Coin Likely to Pump with Next Elon Musk Tweet
Floki was one of the most popular meme coins launched during the last crypto bull market in 2021. While it pulled back sharply during the crypto winter, $FLOKI is back and better than ever.
In the last month alone, $FLOKI surged more than 420% and nearly matched its all-time high of $0.0003365. The project now has a $1.7 billion market cap, putting it in the ranks of top meme coins like Pepe.
What’s exciting about $FLOKI is that the meme is based on Elon Musk’s shiba inu, Floki. So, the token has a strong association with Musk and tends to see bullish price action whenever Musk makes positive comments about crypto. Considering Musk’s recent approving comments about Dogecoin, it seems likely he’ll continue encouraging crypto traders and boost $FLOKI along the way.
What Are Meme Crypto Coins?
Meme coins are crypto tokens based on a meme, image, or joke. They’re typically speculative in nature and may not have any inherent value, but can still be highly in-demand within specific communities of crypto traders and investors.
As an example, Dogecoin, the first meme coin, was designed to make fun of Bitcoin by removing limits on the amount of new tokens that could be created. It used an image of a shiba inu that was popular on the internet at the time as its mascot, which contributed to the humorous nature of the coin.
Meme coins aren’t always valueless, and a growing number of new meme coins have features that add utility. For example, new meme coins like Dogecoin20, Sponge V2, and Smog offer staking rewards for token holders, giving them the opportunity to earn passive income.
Meme coins can also evolve over time to introduce utility features. Shiba Inu, which didn’t make our list of meme coins, initially launched with no utility, but then developed its own decentralized crypto exchange after gaining popularity.
Still, meme coins are widely considered to be more speculative and more volatile than other types of cryptocurrencies. They frequently spike in value, then drop back down. Many meme coins never gain popularity and see their values steadily fall. Traders and investors can potentially find significant returns from meme tokens, but these coins should be considered high-risk, high-reward investments.
Why Buy Meme Coins?
Meme coins have several potential benefits for traders and investors that can make the risk of these tokens worthwhile. Let’s take a closer look.
Huge Potential Returns
The number one reason why many traders and investors choose to buy meme coins is that they can deliver enormous gains. It’s not uncommon to see a newly launched meme cryptocurrency skyrocket 10,000% in the first few days after hitting exchanges. It’s also common for existing meme coins to experience a pump that delivers 1,000% gains or more with little warning.
As a result, meme coins have been known to create new millionaires overnight. By one estimate, there are more than 500 Dogecoin millionaires, many of whom saw their fortunes minted when the token exploded upwards in 2021.
While other cryptocurrencies can deliver large returns, they typically do so at a much slower pace than meme coins. So, for investors who want an opportunity to make a life-changing investment, it’s hard to beat meme coins.
Passive Income
A growing number of meme coins now offer staking rewards. Investors who stake their tokens can earn passive income in the form of new tokens, increasing their holdings over time.
When comparing staking rates among meme coins, it’s important to remember that rates can change over time. Many meme coins offer the highest staking rates when they’re new or still in presale.
In addition to staking income, some meme coins also give token holders exclusive access to airdrops and giveaways. For example, $SMOG token holders qualify to join the project’s upcoming airdrop, which could give out millions of dollars worth of tokens.
Access to Exclusive Features
Meme coins that have (or have added) utility features often require users to hold the project’s native token. That means that some token holders buy meme coins in order to get access to these utility features, such as a DEX, crypto wallet, play-to-earn game, or blockchain network.
Meme coins that offer utility features could see bigger price gains in the long-run because they’re better able to keep their communities engaged. However, this isn’t always the case and utility is not a guarantee of a meme coin’s success.
Potential Risks of Meme Coins
The biggest risk investors face when buying meme coins is that their tokens could lose value. There’s no guarantee that the tokens you invest in are the next meme coins that will explode. Even if a meme coin has been pumping, it could lose momentum and make a sharp downward turn.
Investors should be especially cautious when considering new meme coins. While some new meme coins explode upwards after launch, others experience sharp price declines. There are many meme coins that lost most of their value after launch.
So, it’s important to be able to recognize which meme tokens have strong potential. In addition, investors need to know when to sell to lock in their profits.
One other risk to keep in mind is that there are many meme coin scams to avoid. Some scams offer tokens that are similar to established meme coins, but are actually different tokens. Other scams promise huge returns, but then the project team walks away with investors’ funds. Always perform due diligence on a meme coin before investing to make sure it’s legit.
Conclusion
Our list of the best meme coins to buy highlights tokens that we think have explosive potential in 2024 and beyond. Some of these tokens have proven track records of support, while others are new meme coins with the potential to explode after launch.
Based on our analysis, the best meme cryptocurrency to invest in today is Dogecoin20. This meme token reimagines the world’s most popular cryptocurrency with a token supply cap, staking rewards, and a smaller energy footprint. Investors who buy during the Dogecoin20 presale can stake their tokens to earn 281% APY.
References
- Binance Expands Trading Options with Listing of BOOK OF MEME and Launch of BOME Perpetual Contracts (Blockchain.news)
- Solana meme coin Slerf accidentally burns $10 million worth of funds raised from presale investors (The Block)
- Elon Musk forecasts Dogecoin payment option for buying Tesla cars ‘at some point’ (The Block)
- Data Shows Dogecoin Millionaires Are A Dying Breed Despite Crypto Market Recovery (Bitcoinist)
FAQs
What is a meme coin?
A meme coin is a cryptocurrency that’s based on an internet meme or joke. Popular examples include Dogecoin, Shiba Inu, Pepe, and Sponge. Many meme coins are purely speculative in nature, but some have real-world utility or offer staking rewards.
What are the best meme coins to buy?
Based on our analysis, the best meme coins to buy in 2024 are Dogecoin20, Slothana, Sponge V2, and Smog. Large-cap meme coins that could deliver strong returns include Dogecoin, Pepe, and Floki.
Are meme coins a risky investment?
Meme coins are a high-risk, high-reward investment. It’s common for meme coins to explode 10,000% or more, but it’s also common for meme coins to lose most or all of their value. It’s up to investors to determine which meme tokens will go up and to know when to sell to lock in profits.
