10+ Meme Coins to Watch in 2023

In the last couple of years, the world of cryptocurrency has witnessed a fascinating rise of meme coins, which, while often originating as jokes, have taken on a life of their own. They typically feature clever names and logos that play off popular internet memes and trending phrases, leveraging platforms like Twitter and Reddit for promotion through a viral marketing strategy.

Even though they may seem trivial at first glance, meme coins have surprisingly gained traction, achieving noteworthy market caps. Some have even reached multi-million dollar evaluations. This trend began with Dogecoin, which was introduced in 2013, inspired by the beloved Shiba Inu meme. It's arguably the most famous meme coin to date. What started off as a playful currency actually sparked a massive community, with notable figures like Elon Musk and Mark Cuban taking to social media to endorse it.

Elon Musk has been particularly enthusiastic about Dogecoin, famously bringing it up during his hosting stint on Saturday Night Live and at one point even altering Twitter’s logo to feature the Shiba Inu. This move sent Dogecoin's value soaring. Musk's promotion of Dogecoin has fueled considerable debate; some see his tweets as mere entertainment, while others argue they have a tangible impact on the crypto market. What’s undeniable is that Musk's social media activity has certainly illuminated Dogecoin and other meme coins.

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As crypto enthusiasts ponder if it's time for another meme coin surge, let's explore 11 meme coins that are currently gaining momentum in the market.

Pepe

Kicking off in April with anonymous creators, Pepe is a deflationary meme coin created as a homage to Pepe the Frog, a meme that took off in the early 2000s. This particular token, inspired by the iconic green frog, which has essentially become a cultural mascot within the crypto world, made headlines recently after experiencing a rapid increase in value from late April to May, peaking at an impressive market cap of $1.6 billion.

Pepe's goal is to ride the wave of the meme coin trend, striving to become a leading player like Dogecoin or Shiba Inu. One trader, under the moniker dimethyltryptamine.eth, invested a mere $260 for 5.9 trillion PEPE tokens, later boasting profits exceeding $4 million after selling off half of his stash. The token features a burning mechanism designed to ensure its scarcity in the market. Pepe is actively traded on exchanges like Binance, OKX, CoinW, Deepcoin, and Bitrue and currently holds the #66 position on CoinMarketCap, boasting a live market cap of $652,986,335. Its circulating supply stands at 391,790,000,000,000 PEPE coins, while the maximum supply caps at 420,690,000,000,000 PEPE coins.

Ben

Launched by NFT influencer @eth.ben Earlier this month, in the midst of PEPE and Milady excitement, $BEN managed to raise 55ETH from 329 wallets during presale . After the presale concluded on May 5, the coin saw a rapid decline before soaring again when well-known crypto influencer Bitboy began promoting it on May 8 and joined the $BEN team the following day. Within just 72 hours of launching the meme coin project, eth_ben transferred control to Bitboy while announcing another meme coin initiative, $PSYOP, on the same day. Building on the success of $BEN, $PSYOP successfully raised $1 million within an hour of its launch announcement. $6.9 million by the end of the presale.

According to CoinMarketCap, the maximum supply for $BEN is set at 420,690,000,000,000 tokens, and it's currently available on CoinW, SuperEx, LBank, MEXC, and Uniswap v3 (Ethereum).", ', the latest entrant making waves in the crypto space, was the brainchild of digital artist Rhett Dashwood, who also goes by the name Rhett Mankind. This project was launched at the end of April and is described by Mankind as a piece of digital performance art, blending the realms of creativity and innovation. Turbo's unique aspect lies in the fact that it was developed utilizing GPT-4 technology, giving it an initial edge in a market that is currently captivated by the intersection of AI and crypto.', "Following the typical rollercoaster pattern seen with many meme coins, Turbo's value fluctuated significantly. On May 6, it surged to $0.003034, up from $0.00068, with a staggering trading volume of $270.87 million in just 24 hours. However, it quickly dropped to $0.005982 by May 8. Turbo has a total supply cap of 69,000,000,000 TURBO coins and is now listed on platforms like CoinW, BTCEX, Bitget, Hotcoin Global, and BingX.

Turbo

Turbo Understanding Shiba Inu Coin: Its Purpose, Ecosystem, and History of SHIB Cryptocurrency (2023)

AIDOGE is a cutting-edge meme coin that emerged within the Arbitrum ecosystem. According to its

Read more: , this token is collaboratively developed by 'AI creatures' alongside its community; however, the mechanisms behind this are somewhat nebulous. AIDOGE aligns itself with the buzz surrounding artificial intelligence, featuring a deflationary structure that imposes a 15% burn tax on each transaction. Token holders can stake their assets for additional rewards.

AIDOGE

, stating that \"the survival and development of AIDOGE rely on coding,\" without elaborating on what that entails. The project enjoyed a peak trading volume of $483.13 million on May 1, but has since decreased to just above $30 million as of now. AIDOGE's maximum supply is set at 210,000,000,000,000,000 tokens, and it can be traded on platforms such as OKX, CoinW, BTCEX, Bitget, and Hotcoin Global. website Inspired by the beloved kids’ show Spongebob,

According to the badly written whitepaper is a community-driven meme coin that operates with zero transaction taxes and was launched in early May. It experienced a meteoric rise of 3,000% within just a week, reaching its peak at $0.002328 with a 24-hour trading volume of $45.3 million. Yet, it experienced a significant drop not long afterward, currently resting at $0.000515 with a 24-hour trading volume of $9,648,649.

Sponge

Sponge has 61% of its supply currently in circulation, with a total cap of 40,400,000,000 $SPONGE coins. It can be found on exchanges such as CoinW, Bitget, Cryptocurrencylistings.com, LBank, and MEXC. The project's website cautions potential investors that $SPONGE is merely a meme coin void of any intrinsic value or financial expectations and emphasizes its purely entertainment nature, lacking a formal development team or roadmap. Sponge Another meme coin inspired by an iconic animated series, Homer, was introduced in May and saw its value quadruple around May 14 with a 24-hour trading volume of $54 million, before subsequently crashing by over 50%. This venture not only hops aboard the meme coin train, but its

also includes plans for an AI chatbot on Twitter and Telegram named Homer Simpson, claiming it can deliver 100% accurate responses to user inquiries with superhuman efficiency.

Homer

This project has a maximum token supply of 420,000,000,000,000,000 SIMPSON coins and is trading on platforms such as BitMart, MEXC, Uniswap v3 (Ethereum), and Uniswap v2. website Shiba Inu is a cryptocurrency that was introduced in 2020 by someone known as Ryoshi. The coin quickly gained traction with high-profile endorsements, including that of Elon Musk. Its creators dubbed it the \"Dogecoin killer,\" aligning itself with the well-known meme-based cryptocurrency. The astonishing rise of Shiba Inu has led to the creation of over a hundred similar tokens, many incorporating 'Shiba' or 'Inu' in their names.

Although it started as a mere meme token, Shiba Inu has evolved into a comprehensive ecosystem featuring various tokens, including BONE, which serves as a governance token, and LEASH, which provides special benefits for dedicated supporters. LEASH holders are granted exclusive access to various features within the ecosystem. Shiba Inu is actively traded on ShibaSwap, its own decentralized exchange. Its visibility skyrocketed when it was listed on Coinbase in September 2021, resulting in a staggering price increase of more than 40% in just two days. Currently, it boasts a market cap of $5.2 million, with a circulating supply of 589,538,098,148,525 SHIB and a capped supply of 589,600,765,820,360. Shiba Inu can be found on prominent platforms such as Binance, Bybit, Coinbase Pro, and Kucoin.

Shiba Inu

The Shiba Inu team is diligently working on several exciting initiatives, including a metaverse project dubbed

, with hopes of partially launching by the end of this year. They are also in the process of developing their own Layer 2 network, Shibarium, currently in the testing stages.

The original version of SHIB – The Metaverse was initiated by an anonymous developer who abandoned it shortly after its launch. The project was later revitalized by fans and active members of the Shiba Inu (SHIB) community, with Floki branding itself as \"the people’s currency.\" It serves as the utility token within the Floki Ecosystem. The team is targeting four primary projects: early beta testing .

Floki

Valhalla, an NFT gaming metaverse; Floki A suite of DeFi products rolled out under the \"FlokiFi\" umbrella;

• FlokiPlaces, a marketplace for NFTs and merchandise;
• The University of Floki, an educational and content platform.
• Led by anonymous figures known as B, Sabre, and MrBrown Whale, Jackie Xu stands out as the lead developer of the project, recognized in the blockchain field with over a decade of experience.
• Currently, Floki has a market cap of $344,000, with a circulating supply of 9,711,319,933,775 FLOKI coins and a maximum supply of 20,000,000,000,000 FLOKI coins. The token can be acquired on platforms like Cryptocurrencylistings.com, Binance, Kucoin, Bitget, OKX, and others.

BONE functions as the governance token for the ShibaSwap decentralized exchange (DEX), empowering users from the Shiba Inu community, also known as the Shib Army, to participate in decision-making through voting on proposals and to suggest new ideas for the system, as well as earn NFTs in the process. The voting power of BONE token holders is proportional to the number of tokens they possess; the more tokens in hand, the greater the influence they wield.

10 Memecoins Worth Keeping an Eye On This Year - Metaverse Post

Bone Shibaswap

Recently, a unique category of digital currency has emerged, captivating the world of cryptocurrency - meme coins. These coins often sprout from a place of humor and carry quirky names that can make anyone chuckle.

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Milady Meme Coin

The meme coin of the Milady NFT collection In the last few years, a novel category of digital currency called meme coins has become a runaway success in the crypto market. Typically originating from playful jokes, these coins feature funny names and logos that nod to popular memes and trending topics online. They are heavily promoted across social media platforms with memes and catchy viral content. tweeted Even though meme coins began as a lighthearted joke, they've surprisingly captured the interest of many, amassing substantial popularity and market capitalization. Some of these coins have even surged to market caps in the millions! The trend kicked off with Dogecoin, a cryptocurrency birthed in 2013 that played off a well-known meme featuring a Shiba Inu dog. It stands out as the most recognized meme coin and, despite its goofy inception, has cultivated a huge following online, thanks in part to the likes of big names such as Elon Musk and Mark Cuban, who have shared their thoughts on the coin via Twitter.

Elon Musk has been a particularly enthusiastic advocate of Dogecoin, once mentioning it on Saturday Night Live and even altering Twitter's iconic blue bird logo to showcase the beloved Shiba Inu at one point. This move alone sent its value soaring! The discussions surrounding Musk's support of Dogecoin have sparked considerable debate; some see his tweets as mere amusement, while others argue they have a tangible influence on the crypto landscape. Regardless of one's perspective, it's undeniable that Musk's attention has amplified interest in Dogecoin and similar meme coins.

Tamadoge

Launched in Sep 2022, Tamadoge Stay informed about the ever-changing world of cryptocurrency distributions with our updates.

As crypto enthusiasts wonder if we're entering another season for meme coins, let’s delve into 11 rising stars in the meme coin universe.

FAQ

The Evolution of Pepe The Frog: From a Cherished Meme to a Controversial Symbol - NBC News

Unveiled in April by a group of anonymous creators,

is a deflationary meme coin paying homage to Pepe the Frog, a meme that gained traction in the early 2000s. The coin, inspired by this iconic green frog, which has found a place as one of crypto culture's mascots, has recently made headlines after experiencing an explosive surge from late April to May, pushing its market cap to a staggering $1.6 billion at its peak.

Pepe aims to ride the wave of the meme coin movement and carve out its niche among the most well-loved meme cryptocurrencies like Dogecoin and Shiba Inu. A trader known as dimethyltryptamine.eth famously invested $260 to acquire 5.9 trillion PEPE tokens and allegedly turned that investment into over $4 million by offloading half of his stake. This coin also features a burning mechanism to help preserve its scarcity. Currently, Pepe is available on Binance, OKX, CoinW, Deepcoin, and Bitrue. As of now, it ranks #66 on CoinMarketCap with a live market cap of $652,986,335 USD, boasting a circulating supply of 391,790,000,000,000 PEPE coins and a maximum supply of 420,690,000,000,000 PEPE coins.

Earlier this month, the buzz around PEPE and Milady reached new heights,

Conclusion

. Following the presale closure on May 5, the coin’s value dipped but skyrocketed after notable crypto influencer Bitboy started promoting it on May 8, leading to significant gains the following day. Without even 72 hours post-launch of the meme project, eth_ben transferred the project to Bitboy while simultaneously announcing a new venture, $PSYOP. Capitalizing on $BEN’s early success, $PSYOP managed to raise $1 million within just an hour of its reveal.

Read more:

• According to CoinMarketCap, $BEN has a maximum supply of 420,690,000,000,000 tokens and is actively traded on CoinW, SuperEx, LBank, MEXC, and Uniswap v3 (Ethereum).
• , the newest memecoin to capture the attention of crypto traders, was introduced in late April by digital creator Rhett Dashwood, better known as Rhett Mankind. As per Mankind's claims, Turbo was birthed as an exploration in digital performance art, also showcasing how AI can intertwine with cryptocurrency endeavors. Designed using GPT-4, Turbo leveraged the growing AI hype, making a splash in the crypto arena.
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