In Q2 of 2023, the crypto space witnessed an explosive surge in the popularity of meme coins.
This came about after PEPE, soared over 350,000% in two weeks.
Several other meme coins, particularly Floki and Milady, also delivered noteworthy returns to investors concurrently.
Although meme coins do take a nosedive after massive gains, there is always a chance for them to recover if certain events unfold and act as catalysts.
Looking for meme coins to bag for high returns? In this post, I will uncover 7 meme coins that could potentially 100x in the next rally.
Post Summary
Top 7 Meme Coins To Buy Now
First things first: What is a meme coin?
Meme coins are a type of cryptocurrency that is inspired by internet memes.
For those unfamiliar, meme coins typically have no utility. Instead, they are created for fun, aiming to attract investors looking for a potential price increase in a short time.
Here are 7 meme coins you should consider if you looking to invest in meme coins:
1. Pepe
The Pepe coin (PEPE) has won the hearts of traders since its launch on April 16, 2023.
It is a meme coin on the Ethereum network inspired by “Pepe the Frog” by the cartoonist Matty Furie.
PEPE astonishingly soared by over 350,000% within two weeks of launch, minting some paper money for early investors.
The coin rose from a $0.00000002764 ATL to a $0.00000439 ATH, representing a total gain of over 15,000,000% ( data sourced from Coinmarketcap and Binance).
PEPE’s market cap also witnessed a rapid surge, surpassing $1 billion, although it currently stands at around $616 million as of May 17, 2023, at the time of writing.
The meme’s popularity in crypto, among other factors, was the reason for its outstanding performance.
{Suggested Read} Pepe Coin: Why I Am Bagging It Again!
2. ArbDoge AI
The ArbDoge AI coin (AIDOGE) is a meme coin on the Arbitrum network.
When the coin launched in April 2023, it distributed 100% of its tokens through an airdrop to eligible addresses for the ARB airdrop.
Since then, it has done impressively well—over 3,000% at the time of writing.
Interestingly, the AI-powered Doge reached its first ATH a few days after listing on the OKX exchange, although it has subsequently been listed on other tier-one exchanges.
AIDoge has gained immense traction among meme coins on the Arbitrum network, surpassing a market cap of $48 million at the time of writing.
3. FLOKI
FLOKI is a meme coin that identifies itself as the people’s cryptocurrency.
Launched in 2021, the coin draws inspiration from Elon Musk’s Shiba Inu.
FLOKI has drawn some attention lately after its listing on Binance triggered over 69% profit, resulting in a new ATH for the coin at $0.0003437.
Since then, FLOKI has ascended the ranks on CoinMarketCap and currently stands as the fourth-largest meme coin by market, right after PEPE as of this writing.
It is worth noting that CoinMarketCap shows FLOKI’s ATL as $0.00000002, indicating a remarkable overall gain of 1,618,400% for the coin since its launch.
4. Milady
Milady, identified by the ticker “LADYS,” is a meme coin that has garnered considerable attention in crypto.
Interestingly, top holders of LASDYS are currently enjoying combined profits exceeding $20 million at the time of writing.
Elon Musk’s involvement has been the primary driving force behind this token’s popularity. Recall how he ignited a frenzy for Dogecoin? Exactly!
Typically, Musk tweeted an image of a Milady with superimposed text that read, “There is no meme. I love you” on May 11, 2023.
LADYS boasts a market capitalization exceeding $68 million, solidifying its position as the 8th largest meme coin based on market capitalization at the time of writing.
5. Wojack
Wojak is a meme coin inspired by the famous Wojak internet meme.
For some time now, Wojack, also known as the “Feels Guy or Feelsbadman,” has garnered significant popularity among crypto enthusiasts.
Fortunately, on April 17th, 2023, some developers successfully launched the Wojack meme coin on the Ethereum blockchain.
I think, probably to solidify this recognition, smiles, don’t take me that seriously. I digress.
WOJACK performed astonishingly days after the PEPE price upswing, gaining over 100x so far since launch at the time of writing
Interestingly, among other factors to WOJACK’s impressive gains, a significant aspect could be attributed to its massive community, boasting over 31k followers on Twitter in a short time.
However, it is worth mentioning that despite this large following, the number of actual token holders stands at 11,000 as of the time of writing.
6. Shiba Inu
As you might know, Shiba Inu is a meme coin that gained significant attention in crypto during the 2020–2021 bull run.
It launched in August 2020 as an experimental decentralised coin on the Ethereum network.
While Shiba Inu derives its name from the Japanese breed of dog, it draws inspiration from another well-known meme coin, Dogecoin, positioning itself as the potential “Dogecoin killer.”
This is because it promises to outperform DOGE before reaching a value of $0.01. However, it doesn’t seem it has achieved this yet.
Although SHIBA hasn’t made a massive move in Q2 of 2022, it has gained over 10,000,000% since its launch.
Additionally, it maintains its position as the second-largest meme coin based on market capitalization.
Moreover, SHIBA has successfully introduced several additional projects and tokens, bolstering its ecosystem.
And did you know that it has an intimidating community of over 3 million followers on Twitter? That’s right.
6. DOGE
Dogecoin launched in 2013, thanks to the combined efforts of two software engineers, Billy Markus and Jackson Palmer.
Technically, Dogecoin was created as a soft fork Litecoin and operates as a decentralised digital currency on its own blockchain.
At first, Dogecoin started as a joke coin with little price action. Nevertheless, it gradually gained widespread attention during the crypto market boom of 2021.
However, its popularity is largely attributed to the influence of Elon Musk; that’s a story for another day.
DOGE has gained over 800,000% since launch, securing a position as the largest meme coin by market cap.
Interestingly, Dogecoin is widely considered to be the first successful meme coin and has spurred the creation of other successful meme coins to date.
Continue below!
Exchanges To Buy To Meme Coins
If you want to get your hands on these top potentially profitable meme coins discussed in this post, below are the exchanges where you can do so.
1. Bybit
Bybit is a highly reputed crypto exchange that is well-loved by traders.
The exchange has a global user base of 10+ million individuals, catering to users from around the world, with the exception of a few restricted countries.
Also recognised as one of the leading exchanges by trading volume, Bybit supports 500+ coins and regularly lists other low-market cap coins that appeal to degens.
You can trade PEPE, FLOKI, LADYS, SHIBA, and DOGE on Bybit.
2. OKX
OKX is a global cryptocurrency exchange platform and one of the largest in the industry.
The exchange stands out for its sleek and intuitive user interface, captivating both newbies and experienced traders.
With OKX, users can delve into the exciting realm of DeFi, access NFTs, crypto passive income streams, Web3, 800+ cryptos, a wide range of trading pairs, and more.
OKX supports the trading of AIDOGE, SHIBA, DOGE and PEPE.
3. Gate.io
Gate.io is known for its robustness and wide yet comprehensive set of features.
The exchange launched in 2017 and has since gained popularity among crypto traders worldwide.
Impressively, Gate.io supports all the meme coins discussed in this post.
Disclaimer
While it is quite true that you can make a fortune from meme coins, there is also a risk of losing your entire investment in them.
This is because meme coins are created for fun, and as such, their value is based on speculation rather than any tangible factors.
It is also important to note that this post is purely for entertainment. Investing in meme coins is at an investor’s discretion after thorough research.
I’m glad you made it to the end of the article.
What do you think about meme coins?
Have you made a bag with meme coins before?
Are you looking for a 100X meme coin to invest in?
Which other top meme coin is missing from the list?
Which meme coin do you think will explode soon?
Put your thoughts in the comment box below.
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Meme coins continue to surprise the crypto world with their explosive growth! It’s exciting to see which ones will soar next in the upcoming rally.
Don’t buy it