Meme coins are all the rave in the crypto market. These cryptocurrencies have taken the world by storm with popular public figures backing them for long term viability. While there are thousands of options, getting the best meme coins to buy can be a tad difficult especially if you are new to the space.
This guide explores some of the top meme coins that will explode and the best platform to buy meme coins for competitive fees.
Best Meme Coins to Buy in 2022
Selecting the best meme coins to buy can be hectic. Given this, we have curated the top 10 meme coins you can get started on in no time.
- Dogecoin – Overall Best Meme Coin to Buy
- Shiba Inu – Top Coin with Growing Utility
- Akita Inu – Best for Cross-Chain Interoperability
- Samoyed Coin – Best Meme Token to Buy for Solana Ecosystem
- Monacoin – Super Fast Transaction Speed
- Dogelon Mars – Huge Growth Potential
- Dogedash – Newest Meme Crypto for P2E
- SafeMoon Inu – Best to Invest in for Rewards
- Dogs of Elon – Best Meme Token for NFTs
- Hoge Finance – Popular Meme Coin for Staking
You can invest in these top meme coins on our recommended crypto trading platform, eToro.
A Closer Look at the Best Meme Coins to Invest in
We cover more details on the list of meme coins you should definitely add to your portfolio.
1. Dogecoin – Overall Best Meme Coin to Buy
Dogecoin is our number one for the best meme coins to buy for the long term. Started in 2013, Dogecoin is the foremost joke cryptocurrency and was meant as a joke on the sudden growth of alternative currencies (altcoins) following Bitcoin’s popularity. Dogecoin has since evolved and become a tipping crypto asset for holders.
Now, Dogecoin is considered the king of the meme crypto ecosystem and has been popularized by eccentric entrepreneur and billionaire Elon Musk. The Tesla and SpaceX CEO played a principal role in the boom of the meme coin niche and Dogecoin’s rise to nearly $1 in value as DOGE tapped out at 73 cents. Meanwhile, Musk has not given up and is still known to be a stalwart supporter of the meme coin.
Dogecoin is light-years from its 2021 high but the digital token is still part of the top 20 most popular meme coins in the world. Keeping in tandem with its popularity, Dogecoin has continued to see massive adoption. TV streaming company Sling TV recently announced that it would be accepting DOGE as payment for its services. This was corroborated by crypto payment company BitPay.
DOGE is currently trading at $0.13, up 1.41% in the last 24 hours. So if you want to buy cryptocurrency and are looking for the most promising memecoin, we recommend DOGE.
Cryptoassets are a highly volatile unregulated investment product.
2. Shiba Inu – Top Meme Cryptocurrency with Growing Utility
The meme coin race has been made even more interesting with Shiba Inu’s launch in late 2020. According to its anonymous creator Ryoshi, Shiba Inu is a spontaneous experiment on the community-driven initiative. This is a part-piece attempt to topple Dogecoin on the meme crypto crown and install Shiba Inu as the top meme coins for investors. This has seen Shiba Inu nicknamed the ‘Dogecoin killer.’ Despite playing second fiddle to Dogecoin, Shiba Inu surged over 21,000% in the climax of the 2021 price rally making the digital asset one of the best meme coins to buy this year.
However, Shiba Inu does not aim to take over the top spot with just social media hype and fanfare. The Shiba team has been churning several use cases to keep the project relevant and top-of-mind for investors. One of the most recent is a foray into the Metaverse. According to a blog post on its website, Shiba Inu is looking to introduce virtual real estate called Shiba Lands.
SHIB has kept in tandem with the broader crypto space and is up 4.38% in the past day while trading at $0.000026.
Cryptoassets are a highly volatile unregulated investment product.
3. Akita Inu (AKITA) – Best Meme Crypto Coin for Cross-Chain Interoperability
Akita Inu is another part of the list of meme coins that you should monitor closely. A decentralized community project, Akita Inu is based on the Ethereum network. The project has its humble beginnings like Shiba Inu and has largely been developed by a band of meme crypto enthusiasts rather than a core team.
The project is also a social experiment and aims to be a top meme coin that bonds people of like minds in a collective drive. Akita Inu claims that half of its token supply has been forwarded to Ethereum co-founder Vitalik Buterin and the remaining supply amount sent to a UniSwap account for liquidity. The project has continued to expand its appeal and now enjoys cross-chain interoperability with the Avalanche blockchain.
At press time, AKITA is seen making an upward push and is trading at $0.00000083, up 6.62% in the last 24 hours.
Cryptoassets are a highly volatile unregulated investment product.
4. Samoyed Coin – Best Meme Token to Buy for Solana Ecosystem
Samoyed Coin is a popular meme coin from the stables of the Solana blockchain. Samoyed Coin was formed from the combination of popular Solana backer and owner of FTX crypto exchange Sam Bankman-Fried and Solana creator Anatoly Yakovenko. The Samoyed Coin has become both a popular meme coin on the Solana blockchain as well as the larger crypto market due to its core mission of onboarding more users into the crypto space using a fun-themed digital asset.
However, the joke crypto focuses on bringing in new Solana users, educating market participants, creating personal connections, and helping token holders maximize their potential return. Samoyed Coin is the public face for meme coins on the Solana blockchain and has been one of the fastest rising meme star in the past year.
At press time, SAMO is trading at $0.021, up 3.27% in the last 24 hours.
Cryptoassets are a highly volatile unregulated investment product.
5. MonaCoin – Top Meme Crypto Coin for Transaction Speed
MonaCoin is one of the oldest meme crypto assets you can find around. The meme coin was famously launched in late 2013 and has a thriving community in Japan. The meme project is decentralized and open-source and operates using a peer-to-peer (P2P) network. A fork of the famous Bitcoin fork Litecoin, MonaCoin uses an algorithm called Lyra2RE (v2).
The major utility of the MonaCoin network includes its fast transaction processing speed of 1.5 minutes and a dedicated, thriving community. The meme crypto was popularized in Japan following a TV commercial promoting the joke crypto.
Price-wise, MONA is one of the most highly valuable meme crypto as it skyrocketed to an all-time high (ATH) of $20.33 in December 2017. Following a massive downtrend in the broader meme market, MONA is currently trading at $1, up 0.44% in the last 24 hours.
Cryptoassets are a highly volatile unregulated investment product.
6. Dogelon Mars – Best Meme Coin for 2022 for Interplanetary Travels
Dogelon Mars is a spin-off from the most popular meme crypto figure, Dogecoin. Seeking to boost its appeal, the founders have also tapped on Dogecoin’s principal supporter Elon Musk and have combined both figures to form the project.
As with most meme cryptos, Dogelon Mars is community-driven and decentralized. The major narrative around the project is around the planet of Mars and shows how the dog-themed in-game meme travels through the galaxy and meets new friends. Dogelon Mars also comes with no known figure as is the usual trend around meme coins.
Dogelon’s ELON token has largely traded for a fraction of a dollar but the meme coin has amassed a strong followership. The meme crypto comic has over 650K followers on Twitter and 90K+ on Telegram. At press time, ELON is trading at $0.0000009, up 3.64% in the last 24 hours.
Cryptoassets are a highly volatile unregulated investment product.
7. DogeDash – Newest Meme Crypto for P2E
DogeDash is a new spin on the overall meme crypto niche. Based on the Binance Smart Chain (BSC) network, DogeDash is a play-to-earn (P2E) that borrows strongly from the 90s Super Mario and Sonic movement. Players need to make a dash while collecting coins on the way.
DogeDash’s core mission is to onboard more users into the crypto gaming space and it aims to bring back fun and nostalgia to early gamers who may want to rekindle old memories. DogeDash was founded by crypto enthusiast Paul and has a budding development team backing the project.
At press time, DOGEDASH is currently trading at $0.00026, up 1.20% in the past day.
Cryptoassets are a highly volatile unregulated investment product.
8. SafeMoon Inu – Best Meme Coin to Invest In for Rewards
Following on the growing trend between blockchain and gaming, SafeMoon Inu focuses on creating a thriving meme and gaming community. The Safemoon Inu protocol is crafting a whole new gaming platform called SMI Play and also offers non-fungible tokens (NFTs) rewards to SMI token holders.
SafeMoon Inu borrows heavily from the penalty and reward system of most decentralized finance (DeFi) projects like SafeMoon. The protocol distributes 2% of every transaction to holders thereby rewarding long-term holders.
SMI token has been on a tear in the past day and is up an impressive 10.50%. The token price stands at $0.000008157 pointing to growing market sentiment.
Cryptoassets are a highly volatile unregulated investment product.
9. Dogs of Elon (DOE) – Best Meme Token for NFTs
The Dogs of Elon is a unique meme coin project. According to the project team, Dogs of Elon is out to create the popular NFT avatar alternative of the CryptoPunks movement. This comes with 10,000 unique NFTs in a toast to the Ethereum-based NFT avatar featuring K-9.
Also, Dogs of Elon comes with special NFT collections containing 30 Elons and 70 Zombie DOGEs. Adding to this, the meme coin is also moving into the gaming space and is working on a P2E gaming platform.
The DOE token has remained one of the best-performing meme coins to date and is currently trading at $0.04, down 0.27% in the last 24 hours.
Cryptoassets are a highly volatile unregulated investment product.
10. Hoge Finance – Top Meme Coins to Buy for Staking
Hoge Finance, previously known as Hogecoin, is a community-driven DeFi auto-staking ERC-20 token. The meme staking crypto is deflationary and comes with a hard-cap limit of only 1 trillion HOGE coins that will ever be in circulation.
Launched in early 2021, about 50% of its token supply was burnt at launch and the meme crypto goes as far as burning 1% of all transactions carried on the network. The remaining 1% is distributed to all wallets holding the HOGE token.
Hoge Finance is currently trading at $0.00008301, down 0.11% in the past day.
Cryptoassets are a highly volatile unregulated investment product.
What is the Best Crypto to Buy in 2022?
Making a choice on the best crypto to buy in 2022 out of the thousands of choices can be quite a chore. Several digital assets have posted over 1,000% increases in the past month pointing to the growing adoption of the nascent industry.
Understanding this confusion, we have taken the time to review some of the top-performing cryptocurrencies to find the best one for retail investors with huge potential.
Our research has led us to the fast-rising crypto lottery protocol, Lucky Block. Although not a meme coin, Lucky Block has posted impressive growth in the past month. Lucky Block aims to create a more inclusive online gambling experience that is void of demographic and financial encumbrances.
The protocol also ensures that the games are both fair and transparent and ensures that every player wins something always. This is due to the percentage that is shared amongst players from jackpot winnings. If you are thinking of payouts, you can easily tap into your winnings instantly. Added to this, Lucky Block enables zero transaction fees for operating on the protocol.
Price-wise, Lucky Block has shown an impressive track record. Launched in late January, 2022, Lucky Block has surged more than 1,500% in the past month from its presale price of $0.00015 to a record high of $0.009617. This follows a growing number of partnerships and listings. The LBLOCK token has continued to gather momentum in its runup to its March 25 launch and this crypto asset could present a leeway for value-driven investors to catch on early.
Cryptocurrency markets are highly volatile and your investments are at risk.
How to Buy Lucky Block
The Lucky Block protocol is currently working on a number of listings on the best cryptocurrency exchanges like Binance. For the time-being, you can easily buy Lucky Block on popular decentralized exchange (DEX) PancakeSwap. To do this, follow these quick-fire steps.
- Visit PancakeSwap website
PancakeSwap is one of the easiest and fastest means to get your hands on the LBLOCK token. To get started, visit the PancakeSwap website.
PancakeSwap allows users to interact with its protocol using a digital crypto wallet. You can download a Metamask Google Chrome extension and click on the ‘Connect Wallet’ icon to get started. Grant permission to the protocol and process to the next stage.
One of the accepted crypto payments is Binance Coin (BNB). If you want to buy LBLOCK with BNB, you will need to fund your wallet with a few. You can easily buy some on Binance or eToro and transfer to your Metamask wallet.
Once your BNB is deposited, click on ‘Trade’ and select the ‘BNB’ option on the ‘From’ section. Select ‘LBLOCK’ in the ‘To’ and insert how much BNB you want to exchange for LBLOCK. Set your slippage level and click on ‘Swap’ to complete the process.
Cryptocurrency markets are highly volatile and your investments are at risk.
What are Meme Coins?
Meme coins are joke digital assets that began with the Dogecoin movement in 2013. The popular parody coin aimed to shade several altcoins that began rolling out following the popularity of Bitcoin.
However, the meme coins niche has since become a form of social movement with social media platforms being a major contributor to their growth. These projects are more community-driven than other crypto projects and most come with little use cases.
Are Meme Coins a Good Investment?
When it comes to meme coins, it is worth noting that there are good sides and there are demerits. The demerit is the fact that many meme coins are simply held together by the communities supporting them. However, there are also a lot of good things about meme coins – including:
-
Getting a Broad Community
If you can find a meme coin that has a massive community, then you’re safe. Some of the top meme coins on our list are just this way. Dogecoin has a massive community – and so does Shiba Inu. Several other assets on the meme crypto coins list are also seeing their communities swell.
You can invest in the most popular meme coins while knowing that your funds are protected and will rise.
The Fear of Missing Out (FOMO) is one of the biggest drivers of growth for crypto. And, meme coins have been able to ride this to the moon.
When Dogecoin broke out in the early parts of 2021, it did so with the help of names like Elon Musk, who continued to promote it. The asset eventually caught on, and the FOMO was built. Soon, everyone wanted to get their hands on some DOGE.
As FOMO continues to build, there should be a considerable increase in the value of the coin a well. This makes memecoins some of the most popular tokens when it comes to day trading crypto.
Another impressive factor about meme coins is that they could always become more useful. The fact is that meme coins can only get so much help from their communities. But, if the asset doesn’t have a definitive use, then it might end up lagging.
To overcome this, some of the best meme coins for 2022 have already begun changing. Dogecoin is now accepted as a payment method at the Tesla store, and there are chances that other companies might accept it. Shiba Inu’s developers are also working on a decentralized exchange called ShibaSwap.
All of these are sure to give the meme coins more usefulness. Coupled with their already massive communities, they should be able to see impressive gains overall.
Meme Coin Price
Now, let’s look into the factors that drive the prices of some of the best meme coins to invest in.
Believe it or not, volatility is the primary driver for meme coins. Investors are enamoured with the fact that they can pout small amounts of money into an asset, and its value could balloon by multiples in just days. They’ve seen it happen time and again, and they’d want to get in on the next meme coins that will explode.
As explained earlier, the entire point of meme coins is to get hype from a broad community of people. Dogecoin blew up because Crypto Twitter began talking about it partly because of Elon Musk’s tweets. Today, it is one of the most valuable coins in the market. The same happened with Shiba Inu.
For most meme coins, it is important to always look at their social media mentions and what people are saying. This way, you get to know the market’s pulse about the coin.
Another huge factor that drives the value of a meme coin is relative affordability. Compared to established assets like Bitcoin (BTC) and Solana (SOL), meme coins are pretty cheap. DOGE still trades around $0.13 today, and other meme coins are even less valuable.
Investors with nothing to lose will feel confident spending money on meme coins because they’re worth relatively less. So, whatever happens, their portfolios are relatively fine.
Where to Buy Meme Coins
If you would like to find meme coins, we recommend that you use a crypto exchange. These platforms specialize inf facilitating crypto trades, offering access to the entire market from the comfort of your home.
Of all available exchanges, we recommend trading with eToro. The platform has everything you need to make crypto trades, including an easy-to-use interface, a low minimum trading balance, and zero-commission trading.
With eToro, you will be able to make payments using different channels – from cards to bank transfers and even payment processors. And, the broker offers a Copy YTrader feature that allows you to find the top traders on its platform and copy their trades. This way, you make money when they do. For beginners who are still learning the ropes, the eToro Copy Trader feature is a great way to make money while you sharpen your skills.
How to Buy Meme Coins on eToro
If you would like to find some of the best meme coins for 2022, eToro is your sure source. To use the platform, follow these steps:
Go to the eToro home page and click on “Join Now.” Enter your email and password, and confirm your email address.
As a regulated broker, eToro requires that you complete identity verification to access all of its features. To wit, go to the ID verification prompt on your screen and complete the form there.
To complete this step, you’d need to submit your government-issued ID card and proof of residence.
Next, find the “Deposit” prompt and click on it. Remember that eToro allows you to pay using cards, bank transfers, or payment processors. So, simply choose the option that suits you and proceed.
Also, eToro’s minimum balance for most countries is $10. You can check to see which minimums apply to you before proceeding with your deposit.
Finally, go to the search bar and search for the coin you’d like to buy. Once you find it, click on “Open Trade.” Enter how much you’d like to buy, and hit the “Trade” button.
Conclusion
Meme coins are all the rage for sure. These assets offer a great deal of potential for gains, and they could make you a fortune pretty quickly. But, finding the right asset can be a drag.
If you’re looking to secure your crypto investment, then you might want to consider LBLOCK. The asset is currently doing well, and there are several prospects for growth on it.
Cryptocurrency markets are highly volatile and your investments are at risk.
Frequently Asked Questions on Best Meme Coins in 2022
What are meme coins?
What are the top 10 meme coins?
What is the best meme coin to buy in 2022?
How do I buy meme coins?
How do I find new meme coins?
This news is republished from another source. You can check the original article here