Best Meme Coins to Buy Now: New Meme Coins to Invest In 2024

Inspired by internet memes and often backed by strong communities, meme coins are more than just digital currencies; they’re a cultural phenomenon. While many lack ordinary use cases, some experienced explosive growth, achieving multi-billion dollar market capitalization.

This article explores the best meme coins, including the factors driving their prices, why they are an attractive option for many investors, and the risks associated with such cryptocurrencies.

  • Exciting new multi-chain meme coin expected to explode during 'DOGE day' in April, also offers staking rewards.
  • Dogeverse offers seamless interoperability with Wormhole and Portal Bridge offering secure navigation between chains
  • Investors can choose their preferred chains that offer lower fees and instant processing times, boosting the trading process.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Matic
    Matic
  • +1 more
  • New Solana meme coin trending on Twitter with potential to go to the moon like $SLERF
  • $SLOTH presale has no price stages or timer. Simply send $SOL to token address and $SLOTH tokens will be airdropped
  • More than $500k raised in less than 24 hours
Project Launched
March 2024
Purchase Methods
  • SOL
    SOL
  • Hot meme coin project with play to earn utility and staking
  • Price has pumped 10x in last month, rumored to be listing on Binance
  • Over 12k holders and growing
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Next big Solana meme coin, emulating 100x success of Pepe, Bonk, Myro and Dogwifhat.
  • 35% of the total supply is set aside for airdrops distributed on Solana.
  • Earn airdrop points through Smog social interactions, quests, and on-chain activity.
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • USDT
    USDT
  • BONK
    BONK
  • ETH
    ETH
  • +1 more
  • Fresh off the meme shelves, Dogecoin20 packs a PoS punch with over 300% p/a staking rewards
  • Staked token supply will be locked at the end of the presale to protect the price against volatile dips when listing on exchanges
  • With $DOGE20 being built on the Ethereum blockchain it offers greater flexibility and a greener ecosystem
Project Launched
March 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Exciting new project building gaming ecosystem token
  • Holders can earn tokens via active participation
  • Deflationary token with proportion of transaction text going towards DAO
Project Launched
November 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • New stake-to-earn meme token following DOGE's pawprints
  • Current staking rewards stand at 1064 $POODL tokens per ETH block
  • Total token supply of 6.9Bn with 50% set aside for the presale
Project Launched
February 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • +1 more

List of Upcoming Meme Coins

  1. Dogeverse – Best new multi-chain meme coin to buy, raised over $250K within minutes.
  2. Slothana – One of the latest meme coins in 2024 based on the Solana network with over $10M raised.
  3. Dogecoin20 Next big meme coin offering a staking APY of over 50%.
  4. Sponge V2Renewed meme cryptocurrency offering over 160% staking APYs.
  5. SmogTop new meme coin with a $160 million market cap.
  6. Poodl InuThe latest dog-themed meme coin with over 90% staking APY.
  7. MollarsDecentralized ERC-20 token using gaming to build community engagement in finance.
  8. Lucky Boo – Dog-themed meme coin, offers 3.24 billion tokens via airdrops.
  9. Dogecoin One of the OG meme tokens supported by influential people like Elon Musk.
  10. Shiba InuOne of the top meme coins in the crypto space with a $15 billion market cap.
  11. FlokiPopular meme cryptocurrency with P2E and NFT environments.
  12. Dogelon MarsA community-driven meme coin built around Elon Musk’s space ventures.
  13. Baby Doge CoinHyper-deflationary meme cryptocurrency with its own DeFi swap platform.
  14. SamoyedCoinThe first meme cryptocurrency built on the Solana blockchain.

The Best Meme Coins: Detailed Analysis

Creating a cryptocurrency requires technical expertise, but transforming it into a widely popular meme coin is a distinct challenge. We will dive into the specifics of the top meme coins in today’s market, examining the key factors poised to propel their growth in the future.

1. Dogeverse – Best Meme Coin With Over 600,000% Staking APY

dogeverse-logo

Dogeverse ($DOGEVERSE) is the latest dog-themed meme coin set to dominate “Doge Day” this April 20th. This multi-chain meme coin just launched its ICO and raised over $250,000 within minutes, showing huge investor demand.

Why Do We Like Dogeverse?

This meme coin stands out with its multi-chain compatibility, currently available on Ethereum, Binance Smart Chain, and Polygon, with Solana, Avalanche, and Base support on the horizon.

Early investors benefit from an impressive staking APY of over 600,000%, vested over two years, currently unparalleled in the crypto market. To maximize gains, consider purchasing the token early to capitalize on the high staking APY while it lasts.

According to the Dogeverse litepaper, only 15% of the total token supply, which amounts to 200 billion, will be available during the presale. Additionally, 25% of the total token supply will be allocated for marketing purposes.

2. Slothana – Next Big Meme Coin On Solana That Could Go Viral

Slothana ($SLOTH), the next big meme coin built on Solana, raised over $10 million within weeks of its launch. Inspired by profitable Solana-based meme coins like SLERF, it aims to replicate its market success and bring potential growth to investors.

Why Do We Like Slothana?

Generally speaking, meme coins are expected to yield frequent returns in the coming months after Bitcoin’s halving on April 19.

That said, Solana-based cryptos tend to offer investors huge potential, as demonstrated by previous crypto projects like Book of Meme (BOME), Dogwifhat (WIF), and others that have delivered substantial returns.

Slothana also has a handy widget for buying its tokens. This widget allows you to accept SOL swaps by connecting your Phantom or other self-custody wallet. At the current rate, one SOL purchases 10,000 $SLOTH, valuing each token around $0.018599. However, this price is expected to increase as the presale goes forward.

3. Dogecoin20 – Leading Meme Coin With Over 60% Staking APY

Dogecoin20 logo

Dogecoin20 ($DOGE20) is one of the top meme coins in 2024 that aims to be as successful as its predecessor, Dogecoin. It introduces a new twist to meme coins with an exciting staking feature, allowing buyers to participate and earn passive income.

Why Do We Like Dogecoin20?

The platform operates on Ethereum’s PoS, offering faster, more accessible transactions and a greener solution compared to traditional PoW-based models. Additionally, using Ethereum’s ecosystem, Dogecoin20 ensures security and fosters an active community. 

Dogecoin20 has only one presale stage and a fixed price, which guarantees equal profit opportunities for all participants.

The project also locks the staked token supply at the end of the presale, which reduces the likelihood of price crashes upon exchange listing.

4. Sponge V2 – Popular Meme Coin, Soared by 100x in 2023

Sponge V2 is the resurgence of $SPONGE, a community meme coin that brought a 100x profit to early investors in 2023. With bigger and better exchanges on the horizon, Sponge V2 is set to become one of the best meme coins on the crypto market.

Why Do We Like Sponge V2?

Considering that the original version of the token still has a market cap of over $86 million, Sponge V2 has the potential to bring even more gains to investors. 

The platform uses a stake-to-bridge mechanism, which allows V1 tokens to be converted to their newly launched V2 counterparts. What’s more, upon staking the V1 tokens, holders receive a proportionate amount of V2 tokens as a bonus. Additionally, new buyers can get their tokens through the home page widget, where purchased tokens will automatically be staked in the V2 smart contract. 

Sponge V2 also plans to release a new P2E game in which users can earn $SPONGEV2 tokens by playing the game and achieving high rankings on the leaderboard. This will make the project one of the most popular P2E cryptos.

5. Smog – New Meme Coin Delivering the Greatest Airdrop on Solana

Smog ($SMOG) is one of the new meme coins to buy in 2024, aiming to take over the Solana ecosystem and outperform its peers Bonk, Myro, and Dogwifhat.

Why Do We Like Smog?

Smog logo

Probably one of the most impressive features of this coin is its launch of one of the greatest airdrops of all time, where users earn airdrop points by completing daily, weekly, and monthly quests, determining their position on a leaderboard. 

Points are also earned through interacting with Smog socials and on-chain actions like buying, holding, and staking. 

The project has a total supply of 1.3 billion tokens, 35% of which are allocated to airdrop rewards. Bridged $SMOG ERC-20 tokens can also be staked through the website, and users can earn an additional 42% APY. 

6. Poodl Inu – New Dog Meme Coin With Over 90% Staking APY

Poodl Inu logoIf you’re interested in meme coins like Shiba Inu and Dogecoin, Poodl Inu is the best meme coin presale you should participate in.

Why Do We Like Poodl Inu?

Since the project is still in the presale stage, investors can get the $POODL at the lowest price. All they need to do is connect their ETH wallet and use ETH, USDT, or a card to make the purchase. In addition, holders can stake their tokens and get a generous APY of over 100%. 

However, investors should remember that APY will drop when more tokens are staked. Once the presale ends, $POODL owners can claim their tokens and rewards. 

While the presale is progressing well, Poodl Inu has already raised over $2.4 million and has nearly 2 million tokens staked, leading the meme coin rally

7. Mollars – New ERC-20 Token with Potential Gaming Integration

mollars logoMollars, an ERC-20 token, aims to emerge as a newer and better Bitcoin alternative, exploring the possibility of introducing a gaming product alongside its integration into the Web3 ecosystem and potentially becoming one of ​​the best meme coins to buy today.

Why Do We Like Mollars?

Mollars aims to be a fully decentralized platform focusing on community control and engagement. Its primary features will serve as the main catalyst for the token’s growth.

Integrating gaming will extend Mollars’ vision, and the project will leverage entertainment to connect finance sectors. Although it is not the classic meme coin, which typically has no inherent use cases, Mollars aims to expand communal prosperity by shifting into autonomy.

Additionally, what makes Mollars the best meme crypto to buy now is that it has already raised over $1.2 million and sold over 2 million tokens.

8. Lucky Boo – Next Best Meme Coin on Solana With Airdrop Rewards

Lucky Boo ($BOO) is one of the best meme coins of 2024, recently launched on presale, and aims to be investors’ lucky charm in the crypto space.

Why Do We Like Lucky Boo?

Lucky Boo launched its $BOO token via a presale round, quickly selling out in just a few days. Investors are drawn to the project due to its airdrop campaign, where 40% of the total token supply of 8.1 billion tokens will be distributed to token holders.

Additionally, 5% of the token supply is allocated for the presale round, while another 10% is reserved for maintaining liquidity on crypto exchanges.

With the success of Solana tokens like $BONK, investors are eager to invest in $BOO through the presale, especially with 45% of the total supply dedicated to global marketing and promotion efforts.

9. Dogecoin – Original Top Meme Coin With a Significant Market Cap

Dogecoin, one of the best meme coins, unexpectedly evolved into one of the most highly-rated cryptos to buy for substantial returns.

Why Do We Like Dogecoin?

One of the most renowned supporters of Doge is Elon Musk, the CEO of X. He has publicly expressed his faith in the cryptocurrency on Twitter, even promoting it as a viable payment option, which significantly contributed to its market price surge.

$DOGE remains the most popular crypto meme and has amassed a faithful community of supporters over the years. Today, Dogecoin has a market cap of more than $26 billion.

Additionally, Dogecoin’s primary use is as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. Users can either get tipped Dogecoin by participating in a community that uses $DOGE or get tokens from a Dogecoin faucet, which will give them a small amount of Dogecoin for free as an introduction to this meme crypto. 

10. Shiba Inu –  Trending Meme Coin Known as the ‘Dogecoin-Killer’

Branded as the ‘Dogecoin-Killer,’ Shiba Inu is one of the top 10 meme coins that rapidly surged in value as investors were attracted by its cute appeal, fueled further by figures like Elon Musk and Vitalik Buterin.

Why Do We Like Shiba Inu?

The SHIB community’s ongoing efforts to create utility for the token contributed significantly to its price surge, leading to the emergence of a fully developed Shiba Inu ecosystem.

This meme token’s Ethereum compatibility could boost its adoption as a payment method, while its Shibarium layer-2 protocol promises faster transactions, reduced fees, and enhanced scalability, creating serious interest for the Shiba Inu ecosystem.

SHIB became increasingly popular among small investors, leading to its adoption as a payment method by retailers. Samsung-backed digital wallet provider ZenGo and a restaurant in Paris have both accepted SHIB as a payment option.

11. Floki – Next Big Meme Coin With Multiple Utility Projects

Floki has a mission to raise awareness about blockchain technology and digital tokens, bridging gaps within the crypto industry. To achieve this, the platform introduces FLOKI, one of the best meme coins that investors can buy today. 

Why Do We Like Floki?

Floki is driven by its four utility projects: Valhalla, a play-to-earn NFT gaming metaverse; FlokiPlaces, a facilitating cryptocurrency purchases of physical goods that uses FLOKI tokens as payment; FlokiFi, a range of decentralized finance products; and University of Floki, a content and education platform.

FLOKI is one of the most highly-rated cryptos that are worth a penny. It is currently available on both Ethereum and Binance Smart Chain, which makes it accessible to most investors. 

The project has a nearly $2 billion market cap at press time and over 9.5 trillion tokens in circulation. 

12. Dogelon Mars – Community-Driven Meme Coin

Dogelon Mars, a dog-themed meme coin based on Ethereum and Polygon, hints at the potential of becoming the next big meme coin. Despite its playful origins, Dogelon Mars boasts a substantial community, with thousands of followers on X and Telegram.

Why Do We Like Dogelon Mars?

The project’s team aimed to establish a fair and transparent market entry by avoiding allocating any ELON tokens for themselves. Instead, they transferred approximately half of the total supply to Vitalik Buterin, Ethereum’s co-founder, who subsequently donated it to the Methuselah Foundation.

The remaining half of Dogelon Mars tokens were placed in a Uniswap liquidity pool using an ELON/ETH pair. The team then burned the liquidity provider tokens they earned, confirming the project’s commitment to avoiding rug pulls.

ELON functions primarily as a meme coin with limited utility, typically held in wallets like Metamask. However, given its catchy combination of meme-worthy elements (Elon Musk, Doge, Moon/Mars), Dogelon Mars has the potential for rapid appreciation in a bullish cryptocurrency market with an increased risk appetite for meme coins.

13. Baby Doge Coin – Hyper-Deflationary Meme Token With a DeFi Swap Platform

Baby Doge is one of the top meme coins to buy now, aiming to impress the meme community with improved transaction speeds and redistribution.

Why Do We Like Baby Doge Coin?

According to the Baby Doge Coin whitepaper, the main purpose of this project is to spread awareness of animal adoption.

What intrigued us the most is that users can mint NFTs using BabyDoge and utilize its platform, BabyDogeSwap.com, which includes AMM, core farms, token locker, burn portal, AI image generator, NFTs, and more.

$BABYDOGE is a deflationary token intended to become scarcer with time. Holders can benefit from a 5% fee for every transaction within the Baby Doge ecosystem, increasing the number of Baby Doge coins in their wallets.

14. SamoyedCoin – First Meme Coin Built on the Solana Network

Samoyedcoin (SAMO) is the next meme coin to explode, created to strengthen the Solana ecosystem. SAMO fosters a community dedicated to Solana onboarding, education, and mutual support. 

Why Do We Like SamoyedCoin?

SamoyedCoin’s approach aims to provide users with the tools, support, and community necessary to navigate Solana and cryptocurrencies in general more effectively.

In 2024, the project will focus on launching mass marketing campaigns to enhance $SAMO awareness and introduce innovative methods for spending $SAMO in real-world scenarios. Additionally, they will focus on securing listings on centralized exchanges, integrating DeFi and dApp tools, fostering collaborations and partnerships within the ecosystem, and unveiling SAMO NFT V2.

As the fastest and most eco-friendly dog-themed cryptocurrency, SAMO not only aims to transcend its role, but it aspires to become Solana’s ambassador.

Why Do People Invest in Meme Coins? 

​​Should people invest in meme coins? This question weighs heavily on the minds of traders and investors amidst the meme crypto frenzy. However, exploring the pros and cons of meme coins and seeing the various features can significantly influence one’s investment strategy. 

High Upside Potential 

The remarkable returns generated by the best meme coins in the past cannot be ignored. As witnessed with Dogecoin and Shiba Inu, these coins surged in value, setting records in the crypto industry within a brief timeframe.

Consider the Community Support 

The strong market performance of Dogecoin and Shiba Inu is largely attributed to the support from their communities, suggesting that crypto memes with robust community backing stand a greater chance of achieving significant returns and growth. 

Popular meme coins often attract passionate crypto enthusiasts, fostering trust and awareness. In contrast, a lack of social media activity may indicate lower popularity and potential limitations for upcoming meme coins.

Discussions on Social Media and Online Forums

Social media mentions, along with engagement in leading crypto Discord groups and Reddit forums, manage significant influence over the performance of top meme coins in the market. This is evidenced by real-world examples such as Dogecoin (DOGE), whose remarkable price surge in early 2021 was largely driven by social media hype, particularly fueled by influential figures like Elon Musk. 

As seen with DOGE’s meteoric rise to an all-time high of approximately $0.70 in May 2021, social media traction can have a profound impact on meme coin prices. Investors who want to find new meme coins early with high upside potential often turn to YouTube channels like Jacob Crypto Bury, which has over 36k subscribers and provides insights into emerging projects such as Sponge.

What Drives the Price of Meme Coins?

Social media and online communities play a significant role in driving market value, but various other factors also influence the price of meme coins, including: 

  • Supply and demand: Like all cryptocurrencies, meme coin prices hinge on supply and demand dynamics. Increased buying pressure elevates prices, whereas heightened selling pressure lowers them. Additionally, supply abundance can suppress prices, while scarcity from restricted supply can drive costs higher. Still, these coins exhibit high volatility and are susceptible to swift price fluctuations influenced by market sentiment and external forces.
  • Adoption and acceptance: The adoption and acceptance of meme coins by merchants and businesses can significantly impact their prices. As more people use it for payments, the value of a meme coin can increase and drive up.
    • Speculation and investment: Speculation and investment play a significant role in driving meme coin prices, with some investors viewing them as potential opportunities to capitalize on price fluctuations. This can lead to market volatility, as prices fluctuate based on sentiment. For instance, Pepe coin experienced substantial rallies, including a 525% surge within 14 days of its launch. Early investors saw staggering returns, with one anonymous trader turning a $263 investment into $3.8 million in profits after purchasing trillions of Pepe coins on UniSwap.

    Are There Any Risks When Buying Meme Coins?

    Lacking inherent utility, meme coins depend on social hype and community backing for success. This makes them highly susceptible to market volatility and investor sentiment, and hence, they are considered one of the riskiest crypto investments. Some of the risks that come with these cryptocurrencies are:

    • Volatility: Although this might be the case with the crypto market in general, meme coins have been known to explode or crash at a moment’s notice. Given their nature, investors should only invest money they can afford to lose in these cryptocurrencies.
    • Pump and dump schemes: A crypto pump and dump scheme involves artificially inflating the price of a cryptocurrency, or “pump,” followed by a swift sale to unsuspecting buyers, leading to a sudden price decline, or “dump.” Manipulators sell their holdings at a predetermined level, resulting in financial losses for buyers who purchased during the pump phase.

    Conclusion

    While meme coins offer distinct investment prospects, they also carry substantial risks. Understanding their market dynamics and legal standing is crucial for potential investors in this popular crypto sector. 

    We’ve identified Dogecoin20 ($DOGE20) as one of the best meme coins in 2024. Positioned as one of the top crypto presale projects, it seeks to emulate Dogecoin’s success while providing attractive staking APY.

    References:

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    Michael Graw
    Editor

    Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.