Over the past few years, meme coins exploded in popularity and had a significant impact on the cryptocurrency industry. So much so that they have become an inseparable component of it. It’s probably reasonable to say that Dogecoin was the one meme coin that gave birth to a movement that would later expand to a multi-billion-dollar economy with a community like no other.
However, today Dogecoin is not the only meme coin worth looking into; there are some meme coins that have appeared alongside Dogecoin many years ago and those that have just popped up on the market. The following provides a quick look into the multi-faceted world of meme coins, including the most popular and trendy ones.
Best Crypto Meme Coins
Shiba Inu (SHIB)
Shiba Inu (SHIB) was once known as an alternative to Dogecoin, however it has a significant distinction. Shiba Inu is built on the Ethereum blockchain and can therefore execute smart contracts. Shiba Inu may interact with dApps using smart contracts. Dogecoin lacks this functionality, which limits its capabilities significantly.
Shiba Inu was launched in August 2020, with a total supply of one quadrillion tokens. Shiba Inu’s first major milestone occurred in May 2021, when its founder sent half of the supply to Ethereum co-founder Vitalik Buterin. This was widely regarded as a publicity stunt designed to capitalize on the popularity of a more popular cryptocurrency. Ryoshi explained in cryptic terms that ‘there is no greatness without a vulnerable point.’
Buterin ended up donating 10% of the tokens and burning (destroying) the other 90%. Because of that, Shiba Inu currently has a circulating supply of about 589,346,914,631,298 SHIB tokens. Shiba Inu launched its own decentralized exchange, ShibaSwap, in July 2021. In November, it partnered with David Folk to develop a cryptocurrency gaming project.
PEPE Coin (PEPE)
Pepe Coin (PEPE) is a well-known meme coin that runs on the Ethereum network. Pepe Coin has swiftly become one of the top 100 traded cryptocurrencies since its public launch in April 2023.
The Pepe Coin official website states that Pepe Coin is exclusively for fun reasons; its coins have no intrinsic value and no financial return should be expected. However, the meme coin has already been recognized by major exchanges, including Bybit, Gemini, and Binance, and many top investors have acquired $PEPE.
PEPE token has a maximum supply of 420,690,000,000,000 PEPE. The remaining 6.9% are allocated to a multi-signature wallet for future use, while 93.1% are in the liquidity pool. Pepe Coin uses a deflationary mechanism where a tiny percentage of tokens are burned with each transaction in order to generate scarcity and perhaps boost the value of the remaining tokens over time.
Dogecoin (DOGE)
Dogecoin (DOGE), the oldest meme token, began as a joke. Bitcoin, the original cryptocurrency, was an astonishing technological discovery that allowed anybody to exchange digital money for low fees and without requiring permission from anyone. But Bitcoin was also open source, which meant that anyone could replicate it, and at one time, a number of Bitcoin clones appeared on the market. Dogecoin was created as a funny response to this trend and was created in December 2013 by software engineers Billy Markus and Jackson Palmer.
Dogecoin was never particularly innovative. The project gets updated occasionally, but sometimes years pass before a new version comes out. Despite this, many have prospered when they bought DOGE in 2013 and later and sold it a couple of years ago, when DOGE soared in price following a massive promotion campaign headed by Elon Musk, who’s an avid supporter of this cryptocurrency. With a circulating supply of more than 140,318,646,384 DOGE coins, the market cap is now roughly 10.7 billion dollars.
ArbDoge AI (AIDOGE)
ArbDoge AI (AIDOGE) is one of the relatively new crypto meme coins. It’s an experimental endeavor and a meme coin created within the Arbitrum ecosystem. It was built autonomously without the support of venture capital firms or team shares. In the first stage of ArbDoge AI’s ‘Call to AIDOGE’ campaign, 100% of AIDOGE tokens will be distributed to the community for free.
AIDOGE, the deflationary token, is an essential component of the AIDOGE ecosystem applications. It is intended to be accessible to everyone in the Arbitrum community and paves the way for future advances in the AIDOGE narrative, with a total supply of 191,609,763,385,755,000 AIDOGE tokens. They are distributed according to the following scheme:
- 95% of the total amount of AIDOGE will go directly into the airdrop pool and will be claimed by users who are eligible for the ARB airdrop.
- 5% of the total amount of AIDOGE will be rewarded to the inviters while stocks last.
Tamadoge (TAMA)
Tamadoge (TAMA) is a meme cryptocurrency that aims to combine the rather fashionable nature of so-called dog coins with the potential of things involved in the world of Play-to-Earn games. Tamadoge is a system that mixes NFT trading with virtual pets. Indeed, its name is reminiscent of Tamagotchi. These tradable, mintable NFTs are pets that you can purchase with your Tamadoge token. Each Tamadoge Pet is minted as a baby, with its own set of attributes, strengths, and weaknesses. Players can buy NFTs, see them develop, and take part in player vs player battles if they want to win them.
Tamadoge is powered by the platform’s own native crypto token, TAMA, which is based on the Ethereum (ETH) blockchain. TAMA can be used to purchase items on the network. The TAMA project does have a named team behind it, which sets it apart from a number of other meme coins.
RichQUACK (QUACK)
RichQuack (QUACK) is a completely community-driven project with the goal of generating payouts and static benefits for its holders. This means you literally buy QUACK tokens, hold them, and gain more QUACK tokens the longer you have them.
RichQuack (QUACK) is more than just holding: with a play on words that mocks a growing trend of newbie crypto enthusiasts looking to get rich quickly, RichQuack (QUACK) has platform plans to launch a jackpot ruffle event, aptly named the ‘Quackpot.’ The project also offers a lottery game that can be played at hourly, daily, weekly, and monthly intervals, along with an Incubator and a Launchpad.
Dogechain (DC)
Dogechain (DC) has been launched quite recently, in 2022, and it’s a blockchain platform that lets users bridge over Dogecoin (DOGE) and use it for DeFi, NFTs, and more. It’s not a traditional layer-2 scaling solution for Dogecoin, and Dogecoin’s developers or creators were not involved in the project. Dogechain is a separate network based on Polygon Edge, which is custom blockchain software from Polygon, the most popular Ethereum sidechain. And it’s compatible with the Ethereum Virtual Machine, which means that it can run apps and games built for Ethereum. Dogechain enables users to create and manage their wallets and to participate in the Dogecoin mining process.
In addition, Dogechain provides a number of other features that make it an attractive option for those looking to get involved with the Dogecoin community.
The Dogechain blockchain is different from most others because it uses an alternative consensus algorithm known as Proof-of-Work (PoW). PoW allows for a decentralized network of computers to confirm each transaction rather than relying on a central authority. This makes Dogecoin more secure and resistant to manipulation and fraud.
Milady Meme Coin (LADYS)
Milady (LADYS) meme coin exploded the market just recently. Milady Maker is a set of 10,000 generating profile image NFTs that sparked outrage last year when creator Charlotte Fang admitted to posting abusive stuff under the alias Miya. Fang apologized to the community before announcing her departure from the squad. The Milady Maker collection features a retro Windows 3.0 aesthetic and nostalgic themes reminiscent of the 90s. It is part of Hologram Labs and Blur Blend trading, possibly due to connections between influential figures in the NFT space.
The ‘Milady’ trend was influenced by the Y2K Japanese fashion subcultures. The Milady (LADYS) meme coin pays homage to the Milady NFT collection, and was launched on May 7. Despite the previous controversy, Milady Maker’s popularity has slowly grown, attracting those who see involvement in the collection as a chance to resist the escalating global crackdown on the bitcoin field. Shortly after its release, Milady Meme Coin pumped by 5,250% because of Elon Musk’s tweet about the project. After the tweet, Milady, a meme coin inspired by the anime avatar from the NFT collection, surpassed $140 million in market cap.
Floki Inu (FLOKI)
Floki Inu (FLOKI) creators refer to it as ‘the people’s cryptocurrency.’ Elon Musk said in June 2021 that he will name his pet Shiba Inu Floki. This resulted in the creation of the Floki Inu coin. Floki Inu, now simply known as Floki, began as a dog-themed currency, similar to Dogecoin, but a closer look reveals that it is so much more.
Floki follows in Shiba Inu’s footsteps by providing usefulness and even charity to its ecology. Its founders consider it as more of a movement than a meme coin. It aspires to create schools in underdeveloped nations and has collaborated with the Million Gardens Movement, a gardening initiative founded by Elon Musk’s brother, Kimbal Musk. FLOKI is an ERC-20 and BEP-20 compliant token. This means that it’s a multi-chain coin that runs on both the Ethereum and Binance Smart Chain (BSC) blockchains.
Dogelon Mars (ELON)
Dogelon Mars (ELON) is a doge-themed token project that tries to recreate Dogecoin’s (DOGE) success while referencing Elon Musk’s idea of colonizing Mars. Dogelon Mars’ founders secured 50% of all ELON liquidity in a Uniswap liquidity pool. The remaining half was given to Vitalik Buterin, co-founder of Ethereum, who distributed the ELON to numerous DAOs and foundations.
To date, Dogelon Mars has published neither a white paper nor a roadmap; its collateral is primarily focused on media content, such as a Dogelon comic book. The Dogelon Mars community is highly active in directing Dogelon Mars to charitable efforts, with the biomedical charity Methuselah Foundation currently controlling 43% of all ELON.
Baby Doge Coin (BABYDOGE)
Baby Doge Coin (BABYDOGE) is yet another popular dog-themed meme coin. It’s Ethereum-compatible meme crypto that was inspired by the prominent meme cryptocurrency Dogecoin (DOGE). BABYDOGE was launched in June of 2021 and, like most meme coins, it is primarily driven by social media growth and a dedicated community.
Some of Baby Doge’s key features include the Baby Doge Swap, Babe Doge Card, and the BABYDOGE token itself. The platform also offers support for NFT functionality. In more detail, the Baby Doge Swap is an AMM (automated market maker). It is built on the BNB Chain and allows users to swap, earn, and save cryptocurrency, whilst helping to save dogs. Users can instantly swap tokens without the need for an account or registration.
Akita Inu (AKITA)
Akita Inu (AKITA) cryptocurrency began as an internet fad. The team’s goal is to transform the Akita Inu currency from a meme into a real coin with multiple applications. Akita Inu is an Ethereum blockchain ERC20 token that intends to enhance its capacity to transmit information and exchange data with other blockchains. As stated on the website, the Akita network has also connected to Avalanche for project governance thanks to community assistance.
AKITA network DAO is an essential initiative that Akita Inu intends to provide. The AKITA network DAO is a fork of Olympus and a decentralized autonomous organization. On Avalanche, the AKITA network DAO has a well-established reserve money protocol. The gAKITA token, the governance token of the AKITA network DAO, serves as the foundation for this proven reserve currency technology.
Bone ShibaSwap (BONE)
Bone ShibaSwap (BONE) is a governance token of the ShibaSwap ecosystem, which will allow the ShibArmy, its community, to vote on upcoming proposals. The more BONE the user holds, the more weight of their vote carries in these future endeavors.
SHIB, LEASH, and BONE come together to create ShibaSwap, the next evolution in DeFi platforms. ShibaSwap gives users the ability to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF Returns through our sophisticated and innovative passive income reward system. BONE holders are able to vote and submit proposals on the ShibaSwap ecosystem, primarily in relation to which trading pairs are introduced to the platform.
Since the ShibaSwap DEX requires user-generated liquidity pools (LPs), BONE holders are encouraged to provide liquidity through the distribution of rewards. Users can also ‘bury’ their BONEs in the staking pool for additional rewards. Staking rewards are contingent on the value and duration of your stake.
Volt Inu (VOLT)
Volt Inu (VOLT) is a hyperinflationary token, which means that its circulating supply is slowly dwindling. The project’s goal is to invest in a variety of market asset types. As a result, Volt Inu invests in NFTs, nodes, altcoins, staking, and stablecoin farming. Such investment diversification allows the project to minimize risks while capitalizing on the potential non-correlated growth of trending assets.
The token’s hyper-deflationary mechanism is one-of-a-kind. Essentially, all gains from treasury investments are utilized to purchase and burn $VOLT tokens. Aside from the basic deflationary mechanism, $VOLT has incorporated automated transaction taxes. The burn tax on ETH is 2%, and the burn tax on BSC is 4%. As a result of the decrease in circulating supply, the combination of these factors ensures a continuously rising price floor.
The project wants to develop an actual NFT ecosystem where all NFTs will be linked to VOLT. Basically, the token will be used as the primary means of payment in the case of NFTs. Additionally, users may be able to access the launchpad only by holding VOLT. The project has its own NFT collection called Volted Dragons Sailors Club.
Dejitaru Tsuka (TSUKA)
Dejitaru Tsuka (TSUKA) is a token based on the Ethereum blockchain. It’s a token rather than a coin. The project claims that its name comes from the Japanese Dejitaru Tsuka dragon that breathes vast flames of wisdom and prosperity to all who embrace its ferocity and strength.’ This dragon is seen as a sign of riches and wealth. There is no apparent whitepaper for the token, and the project was launched during the bear market, in May 2022.
The TSUKA token was created by one of the most beloved developers in the space, the Original Shiba Inu dev, Ryoshi Research. At the moment, Dejitaru Tsuka has a 37 mln dollar market value, all because of its community’s support and dedication. Following Ryoshi’s success with Shiba Inu, this currency is likewise expected to reach billions in market worth in the near future.
Conclusion
This is what the list of the best meme coins looks like today, with a focus on those that have generated the most excitement and attention. Although meme coins are still relatively new, just like the crypto industry itself, they have the potential to become fully recognized and well-established projects with solid ecosystems. All of these intriguing meme coins could be evaluated by crypto investors with a thorough understanding of the field.
Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.
