1. Dogeverse — Overall Best Meme Coin to Buy in 2024

Dogeverse (DOGEVERSE) is a unique dog-themed meme coin that’s compatible with six major blockchains: Ethereum, Binance Smart Chain, Polygon, Solana, Avalanche, and Base. This multichain support opens the way to many meme coin traders and communities and allows them to get their hands on this new meme coin.

One of its main features is the staking APY. Keep in mind, the APY will drop, which makes it important to stake as early as possible if you’re planning to participate in the presale and buy Dogeverse tokens. Early investors have already taken advantage of this as over $15 million has been raised since the ICO launch.

Only 15% of the 200 billion token supply will be made available in the presale, according to the Dogeverse whitepaper. This means only a small amount of tokens will be available early on, giving a massive opportunity to investors who buy the presale to potentially see huge gains during the bull run.

Dogeverse tokenomics

Follow Dogeverse on X and join the Dogeverse Telegram channel for the latest information.

Visit Dogeverse

2. Sealana — Solana-Based Meme Coin With Viral Potential

The next top meme coin on our list is $SEAL, the native token of Sealana. Built on the Solana blockchain, Sealana follows the story of an obese and lazy American Redneck seal. 

In hopes of moving out of his mom’s basement, Sealana starts to trade cryptocurrency tokens. This character is based on the popular South Park character, World of Warcraft Guy. Many investors may be interested in purchasing $SEAL due to the success of Solana-based meme tokens. 

In the past two weeks, Popcat and Solama are up by 260% and 80%, respectively. Therefore, there is a growing demand for new SOL-based projects. Solana also supports low gas fee transactions at high speeds. 

To join the presale, interested investors can send SOL tokens directly to the following wallet address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c. Alternatively, purchase tokens directly from the presale website. 

Currently, 1 SOL will get you 6,900 $SEAL tokens. Stay tuned for more project developments by joining the Sealana Telegram channel and following Sealana on X (Formerly Twitter). 

Visit Sealana

3. WienerAI — New Dog-Themed Meme Token Offering an AI Crypto Trading Bot

WienerAI ($WAI) is an amazing new meme token that looks set to become a hit in 2024. Gunning for the ‘top dog’ position among the rest of the market, WienerAI offers impressive staking rewards for anyone who buys the token at early presale stage.

Despite the AI tag, WienerAI is a meme coin with absolutely zero utility. Instead, the creators of the project are looking to create a massive internet frenzy for the native token $WAI, similar to what we have seen with other dog-inspired tokens such as $Doge, $Dogwifhat and $Bonk. What’s more, $WAI token holders can put their investment to work and immediately begin staking $WAI for passive rewards.

Buying the token is hassle free. All you have to do is head to the official presale website and connect your favourite wallet. You can buy $WAI using BNB, ETH, MATIC or USDT.

With the current trend for dog-inspired meme coins ongoing, an early investment in WienerAI might prove to be very lucrative indeed. The total token supply is 69 billion of which 40% (27.6 billion) have been reserved for the presale.

For more information check out the official WienerAi website. For all the latest news on the project be sure to follow WienerAI on X and join the exclusive Telegram group.

Visit WienerAI

4. Sponge V2 — Best Stake-to-Bridge Meme Coin With a Play-to-Earn Game

$SPONGE was one of the most popular meme coins in 2023, combining its whimsical meme charm with strong marketing strategies. Now, this popular meme coin is using the stake-to-bridge mechanism to introduce the Sponge V2 token, which could very easily be the the next meme coin to explode.

In 2023, investors saw $SPONGE move from just a $1 million market cap to nearly $100 million in a few months. Now, investors have another chance to capitalize off this popular meme coin.

On the newly launched V2 smart contract, V1 token holders can stake their holdings to earn an equal amount of V2 tokens. Those who don’t hold Sponge V1 tokens can buy Sponge V2 on the website, and automatically stake their holdings.

This meme token will offer a minimum of 40% in staking APY through the smart contract — currently standing at 164%. 

As part of its expansion process, $SPONGEV2 will be a playable token on a new play-to-earn platform. Sponge V2’s P2E racing game will allow players to access a free and paid ecosystem. The paid version will allow token holders to climb up an online leaderboard and earn $SPONGEV2 as rewards.

Sponge V2 will look to capitalize on the popularity of the original Sponge token, which got listed on some of the best crypto exchanges such as MEXC and Gate.io. As part of its roadmap plan, the project aims to get listed on multiple CEXs in the coming years.

Read the Sponge V2 whitepaper and join the Telegram channel to learn more about this project.

5. Smog (Market Cap: $54 million) — Trending Meme Coin Promising the Greatest Solana Airdrop of All Time

Smog, one of the latest meme coins on the market, takes our next spot in the best meme coins to buy. Built on the Solana blockchain, $SMOG was listed straight on the Jupiter decentralized exchange in February 2024 and now has a market cap of more than $54 million.

Currently as of May 5, 2024, SMOG is trading at $0.0681, which is up from previous 24 hour price by -7.76%.

In under 24 hours of its launch, $SMOG soared past a market cap of $28 million. In the last year, the token has appreciated more than 130%. The Smog developers state that this token has the potential to become the biggest coin on the Solana blockchain.

You can currently purchase $SMOG with ETH for 10% discount on the Smog token website, and stake it for a 42% APY. Alternatively, you can purchase the token on Jupiter, Raydium, or Birdeye at full price.

To increase its community following, Smog is running one of the biggest airdrop crypto campaigns. From its 1.4 billion token supply, 490 million meme tokens will be offered to token holders via airdrops.

Currently, those who buy and hold $SMOG can start earning airdrop points. Smog will also host quests and challenges, allowing the winners to increase their airdrop points.

This meme coin has the potential to offer similar gains as Pepe, which also launched with a $2 million market cap. Currently, 15% of the token supply has been set aside for future CEX and DEX listings.

Read the Smog whitepaper and join the Telegram channel to learn more about this cryptocurrency.

Visit Smog

6. Shiba Shootout — Best Wild West-Themed Meme Coin

Shiba Shootout is a Wild West-themed meme coin, aimed at both short-term traders and long-term stakers. It offers an immersive narrative where players, depicted as cowboys, engage in battles and quests within a digital frontier town led by characters like Marshal and Shiba Sharpshooters.

This lore translates into unique utilities such as Cactus Staking, Campfire Tales, and Lucky Lasso Lotteries, making it more than just a typical meme coin. Shiba Shootout differentiates itself with a strong community focus and a distinctive, engaging theme.

The presale of Shiba Shootout has kicked off with 35% of its total 2.2 billion token supply available. This initial offering is a critical phase for gauging market interest and community engagement.

Aside from the presale, the token allocation includes portions for community rewards, liquidity provisions, marketing, and project development, ensuring a balanced distribution that supports both growth and functionality.

Visit Shiba Shootout

7. Clair Meme — AI-Powered Meme Coin Avatars for Full Metaverse Integration

Clair Meme is the latest meme coin with massive potential to explode this year. After the launch of its first ICO, the Clair Meme token raised thousands of dollars in the first few minutes.  The development team behind the project is hoping the coin goes viral.

However, Clair is more than a meme coin. The Clair eco-system allows token holders to devise their own meme coins which can then be used as avatars in the metaverse. Moreover, with the integration of AI programming, you are also able to give your avatar a voice and use it to engage, compete, and earn with others in the metaverse.

Clair makes use of a profitable burn mechanism which seems 5% of the total supply burnt each quarter to help token scarcity and ensure price discovery. Out of the total supply of 100 billion tokens, just 1% is available for presale. Clair has been built on the Ethereum blockchain and so you can purchase the token with ETH, USDT, or USDC.

For all the latest information be sure to follow Clair on Twitter and Telegram.

Visit Clair Meme

8. Dogecoin (Market Cap: $20.2 Billion) — Most Iconic Meme Coin With Widespread Adoption

Dogecoin is the original meme coin. Created in 2013, it features the image of Kabosu, a female Shiba Inu dog. According to its founders, the coin was created as a joke, making fun of the frenzy surrounding cryptocurrencies at the time.

Ironically, Dogecoin went on to become one of the most successful cryptocurrencies ever created. The token didn’t see any notable price action in its first few years, but by the end of 2020, Dogecoin quickly rose in popularity, fueled by the Reddit army.

In 2021, along with the rest of the crypto market, the price of Dogecoin rocketed. The digital token hit an all-time high of $0.73 on May 08, 2021.

Since then the token has endured losses, but is currently undergoing a recovery, , reaching a market cap of $20.2 billion by May 2024, and giving hope to traders wondering if Dogecoin still a good investment in 2024.

Dogecoin remains the most famous meme coin, inspiring thousands of other meme tokens, including several on this list. It is widely accepted by various online merchants across the world. The token can be purchased from all the top crypto exchanges — check out our full guide on how to buy DOGE.

9. Shiba Inu (Market Cap: $14.2 Billion) — Popular Meme Coin Known as the ‘Doge Killer’

Following the success of Dogecoin, many other meme coins have performed well in the crypto market. At the forefront of this is Shiba Inu — a digital token created in 2020 that managed to succeed in mimicking the popularity of Dogecoin. The digital token is built on top of the Ethereum network, and as such, it can operate alongside smart contracts.

But is Shiba Inu a good investment? For many investors who view Shiba Inu as a more attractive investment when compared to Dogecoin, its biggest competitor, the answer is a resounding “yes.”

Shiba Inu is also compatible with a robust network of DeFi services, and is available on numerous exchanges and social trading platforms, allowing it to be easily integrated into other crypto ecosystems.

When Shiba Inu was released, the digital token was priced at $0.00000000051. The token’s value spiked in October 2021, reaching an all-time high of $0.00008 — translating to an increase of over 15,000,000%.

So, is it too late to buy Shiba Inu? Well, it’s still trading for a tiny fraction of a cent. With a market cap of $14.2 billion, a single Shiba Inu token is priced at $0.0000247.

10. Pepe (Market Cap: $3.4 Billion) — Top Meme Coin With Unique Cultural Appeal

Pepe Coin ($PEPE), a meme coin leveraging the infamous Pepe the Frog, has made significant waves in the cryptocurrency market since its launch in April 2023.

Built on the Ethereum blockchain, Pepe Coin quickly surpassed a $1 billion market cap within just three weeks, outpacing the growth trajectories of well-established meme coins like Dogecoin. Its market cap currently stands at $3.4 billion.

The coin’s volatility remains high, yet the strong holder base underpins its market resilience. Originally introduced with a deflationary mechanism where tokens are burned with each transaction, Pepe Coin aimed to reduce supply and increase value over time. However, the future of this feature is uncertain with recent project changes.

Investing in Pepe Coin carries typical risks associated with volatile meme coins, intensified by recent turbulence such as the unexpected transfer of 16 trillion tokens, which caused significant price drops and community concern.

Despite these challenges, the token saw a recovery after burning 6.9 trillion tokens and appointing new advisors, signaling ongoing project development and management’s efforts to stabilize and steer the coin towards growth.

Pepe Coin’s relationship with its community and the broader social media landscape has been pivotal. High-profile endorsements and social media discussions have spurred both positive spikes and negative dips in its valuation.

For those interested in purchasing Pepe Coin, it’s available through decentralized exchanges like Uniswap, where investors can swap ETH for $PEPE.

11. Dogwifhat (Market Cap: $3.0 Billion) — The Biggest Meme Coin Sensation in 2024

Dogwifhat, launched in late 2023, has quickly become a standout meme coin in the early 2024 crypto bull market. Ranking as the third largest meme coin by market cap, Dogwifhat’s dramatic rise is a testament to the renewed vigor in the meme coin sector.

Initially trading on the Raydium DEX for Solana, it captured the crypto community’s attention with a low entry price, and then surged to a high of $0.3252 in December 2023 as it gained mainstream traction. Despite experiencing a dip to $0.067 in early 2024, Dogwifhat rebounded robustly, finding a steady trading range between $0.21 and $0.45.

Its market momentum accelerated with listings on major exchanges like Binance and Crypto.com, propelling it to a new all-time high. Dogwifhat’s market cap soared to $3.0 billion, joining the elite ranks of meme coins with billion-dollar valuations. 

Unlike many meme coins that pivot towards utility, Dogwifhat remains true to its roots — it is simply a dog in a hat. This simplicity, paired with a strong community and forthcoming features like the “WIF Hat Generator,” continues to attract investors looking for pure meme enjoyment rather than utility.

12. Bonk (Market Cap: $1.8 Billion) — Leading Solana Meme Coin With High Transaction Speed

Bonk is yet another Shiba Inu-themed Solana meme coin that launched with a massive airdrop on the Solana blockchain in December 25, 2022 as a Christmas gift to the community. The token’s launch coincided — perhaps not accidentally — with the resurgence of the Solana blockchain over the course of 2023.

In the past year, Bonk rose by a whopping 3,200% and Solana is up 630%, an enormous gain for a large-cap crypto.

With a market cap of $1.8 billion, Bonk is more than just a meme coin at this point. It’s listed on some of the world’s biggest exchanges, including Binance and Coinbase, so traders have been using it to bet on the future of the Solana ecosystem with leverage.

In addition, Bonk has its own blockchain-based tools including BonkSwap and BonkBot. The project even has its own NFT collections.

Bonk doesn’t have a roadmap for the year ahead, so it’s difficult to say with any certainty what this meme coin will do next. However, time has shown that hot meme coins — especially ones with Shiba Inu themes — have surprising staying power.

We wouldn’t be surprised if Bonk is one of the biggest winners of the next crypto bull run, especially if the Solana ecosystem can keep up its momentum and attract more users.

13. Floki (Market Cap: $1.7 Billion) — Popular Meme Coin with Real Utility

Floki, initially inspired by Elon Musk’s Shiba Inu dog, launched in July 2021. The project saw significant traction following Musk’s tweets, particularly when he announced the arrival of his dog Floki, leading to an immediate price surge.

Despite an anonymous founder who left early on, Floki’s price skyrocketed by over 1.7 million percent from its all-time low to a high in November 2021. At the time of writing, it has accumulated a market cap of $1.7 billion.

Floki has a max supply of 20 trillion tokens, with nearly half currently in circulation. This distribution suggests potential price suppression in the future as more tokens enter the market. This is contrasted starkly with Shiba Inu, where all tokens are already circulating, presenting a different investment dynamic.

Community engagement is on the rise, and the coin’s integration into various utilities within its ecosystem hints at increased demand. Floki has transitioned from a simple meme coin to a utility-focused asset within its expanding ecosystem, which includes plans for a metaverse named Valhalla and a prepaid bank card.

This shift towards real-world applications and community-focused events like NFT rewards positions Floki as a promising yet risky investment.

What Is a Meme Coin? 

Meme coins are digital tokens that become popular due to their association with online trends. Initially, meme coins were produced as lighthearted jokes, heavily influenced by internet ideas and culture.

Meme coins generally don’t have any specific utility. Instead, the price of these meme coins is often influenced by social media, discussions on online forums, and even celebrity endorsements.

As we noted above, Dogecoin was the first digital token to call itself a ‘meme coin.’ Following its success, an explosion of meme coins began to appear in the crypto market. Some of these, such as Shiba Inu and Bonk, are well-known among crypto investors and can be easily accessed on the best P2P crypto exchanges.

On the other hand, many meme coins have resulted in investors losing their money. For this reason, investing in meme coins comes with outsized risks as there is no way to predict how the market will move — even in the short term.

8 Ways to Identify New Meme Coins

After trying out dozens of methods for identifying new meme coins, our crypto experts have narrowed them down to the eight most effective ways:

1. It’s community-driven. Meme coins often gain popularity through social media platforms, forums, and online communities.
2. There’s a lot of social media hype around it. If you see a cryptocurrency being heavily promoted through memes and online discussions without clear fundamentals, it’s probably a meme coin.
3. It doesn’t have a real purpose. Most meme coins don’t have a well-defined purpose or technology behind them and seem to be focused more on marketing or entertaining users.
4. It has funny or quirky branding. Memes, Elon Musk, Japanese dogs — if it’s been in the public eye, someone’s come up with a meme coin for it.
5. You don’t know who is behind it. Meme coins may lack transparency about their development team or have an anonymous team, rather than one that has been doxxed. An undoxxed team can be a red flag for investors.
6. It’s very volatile — and you can’t tell what’s causing it. Meme coin prices are driven more by speculation and hype than by their actual value or utility, so they’re usually volatile without a clear reason why.
7. Its tokenomics are as weird as its branding. Unusual tokenomics, such as a large total supply, a high inflation rate, or other features that deviate from more traditional cryptos are common features of meme coins.
8. It has a short-term focus. Since they’re often based on a short-term phenomenon, such as a meme, their emphasis is often on quick gains instead of long-term sustainability.

About the Author

Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides, exchange and wallet reviews, and covers new crypto projects for Cryptonews.com. His expertise includes asset valuation, portfolio management, and financial crime prevention. Pepi holds a Bachelor’s in Finance, a Master’s in Financial Crime, and is pursuing a Doctorate in money laundering in crypto and blockchain. Connect with Kane on LinkedIn.

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