As more and more people become aware of the vast opportunities presented by cryptocurrencies, the sector surrounding them is rapidly gaining popularity. The fact that investors have seen returns of thousands of percentages in such a short period of time indicates that this market will continue to strengthen in the years to come.
Having said that, investing in the cryptocurrency market is still very much a game of chance, and investors have traditionally seen big losses on their investments. Despite this, you shouldn’t let it discourage you from investing in the market. In spite of the volatility, there are straightforward procedures that you can carry out to ensure your continued success in the cryptocurrency market.
It’s not hard to fathom why memes are such a cultural phenomenon in this day and age. The first meme coin was issued in 2013, and since then, there have been many more, all of which have provided investors with gains of thousands of percentages.
Regrettably, it may be challenging to keep track of numerous coins that are entering the market on a daily basis.
However, this should not be a cause for concern for you because we have compiled a list of the top 5 meme coins that you should consider investing in 2022 as there is a strong possibility that the value of these meme coins will increase exponentially in the year.
Tamadoge
After conducting research on the most popular meme coins now available, we have determined that Tamadoge is the currency that is currently the best investment. Tamadoge, often known as TAMA, is the native cryptocurrency and utility token of the Tamaverse, which is a play-to-earn (P2E) platform that integrates features of decentralized finance (FinTech) gaming.
The Tamaverse will include a virtual ecosystem that will allow users to build their own Tamadoge pets, breed them, and trade them with other users. The power of smart contracts is used to mint these pets as non-fungible tokens (NFTs).
The player’s canine-like virtual avatars each have their own distinct attributes, which they are required to utilize to their full potential in order to win tournaments. On a monthly basis, members of the community compete against one another to see who can climb higher on the leaderboards. Those who do so are awarded with TAMA coins taken from the Dogepool.
In the Tama shop, along with other tokenized products and assets, the Tamadoge pet NFTs may be purchased using TAMA just like any other item or asset. TAMA promises to be a unique meme coin owing to its deflationary supply. TAMA, on the other hand, has a maximum supply restriction of 2 billion tokens, in contrast to Dogecoin’s limitless supply of tokens.
When a player makes a purchase on the Tama shop using TAMA, 5% of all of the tokens that were spent are destroyed as a result of the transaction. This assures that the supply of TAMA will decrease over the course of time, which has the potential to increase the token’s value as a result of increased competition for it.
TAMA has begun its presale, with 50% of all tokens being made available for purchase at this time. The developers have set aside 20% of the total quantity of tokens for potential listings on both controlled and decentralized trading platforms in the future.
The remaining 30% was set aside for the minting process and the coins would be distributed gradually over the following ten years. Tamadoge has plans to develop an augmented reality (AR) app in the near future. This app will maintain the same P2E dynamics and functionality as the web-based platform.
Shiba Inu
In the year 2020, once Dogecoin began garnering media attention, creative coders devised meme coins that could ride the wave produced by the cryptocurrency. Even though there were a lot other companies beginning at the same time, Shiba Inu was one of the ones that completely dominated the industry.
After its launch in August 2020, Shiba Inu quickly established itself as one of the most successful alternative cryptocurrencies, with gains of more than 48,000,000% by November 2021.
Despite the fact that these kinds of increases have never been witnessed before, analysts are still hopeful that Shiba Inu is still one of the best meme coins to invest in if you wish to enter this segment of the cryptocurrency market.
This has a significant relationship to the work that has been put into Shiba Inu, which includes the actions taken to construct a Metaverse project. Shiba Inu meme cryptocurrency according to industry analysts predict that during the next five years, it will trade at $0.000112 per unit.
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Dogelon Mars
Dogelon Mars a well-known meme coin originating from the business. Since the year 2020, Elon Musk has emerged as a prominent player in the world of cryptocurrency, particularly meme coins.
Dogelon Mars is one example of a meme token that has a tight connection to Elon Musk. This meme coin was developed to follow the tweets of Elon Musk, and up to this point, it has been successful in doing so.
Dogelon Mars is almost usually one of the first cryptocurrencies to surge after Elon Musk makes encouraging statements regarding cryptocurrencies. Since Elon Musk is becoming more supportive of cryptocurrencies, there is little question that he will continue to say positive things that have the potential to drive up the price of ELON tokens.
The majority of analysts have a positive outlook on ELON. The Dogelon Mars meme token is anticipated to reach $0.000005 in the next five years.
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Baby Floki
One of the meme coins that was able to successfully harness Elon Musk’s influence on the cryptocurrency industry and ride on its coattails is Baby Floki. Baby Floki was given her name in honor of Elon Musk’s dog, Floki.
As a result of this connection, Baby Floki’s pumping tends to increase whenever Elon Musk tweets about his dog. Baby Floki is also deflating, which means that the greater the number of individuals who use it, the greater the likelihood that it will increase in value.
The Baby Floki meme token is forecasted among market watchers to reach a price of $0.0000000007 by the year 2030. Since it has the potential for such large returns, BABYFLOKI is a meme coin that investors in 2022 and beyond should keep an eye on.
Dogecoin
When it comes to the best meme coins to invest in for 2022 and the long term, Dogecoin is clearly in first place. It is also one among the cryptocurrencies that is the most undervalued on the market in the year 2022.
Dogecoim was the first meme coin to be released into circulation since it was created on December 6th, 2013, when the market opened. Dogecoin was created by Jack Palmer and his colleagues as a satirical commentary on the proliferation of several cryptocurrencies that were formed in an effort to capitalize on the success of Bitcoin.
Keeping in mind that so many people have a soft spot for dogs and because the company’s creator has always had a special place in his heart for canines, the company chose to use a dog as its emblem. This made promoting the company much simpler.
Since Elon Musk began spreading the word about it, Dogecoin has been widely recognized as the most popular meme coin. Dogecoin’s value hardly budged for years, and then in 2021, it suddenly skyrocketed for no apparent reason.
Due to its incredible growth of 10,900%, DOGE quickly rose to become one of the most successful cryptocurrencies. The price of one Dogecoin according market watchers is said to reach $0.6 within the next five years.
Due to this, making an investment in it right now is a smart decision because DOGE will continue to be the greatest meme coin. If you are interested in purchasing DOGE at the moment and are unsure how to do so, you may purchase Dogecoin on eToro without having to pay any commission costs.
Dogecoin is another choice to take into consideration if you are interested in purchasing cryptocurrencies and are seeking for the meme coin with the greatest potential.
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Should You Put Your Money Into Meme Coins?
When discussing meme coins, it is essential to keep in mind that meme cryptos are investments with a higher level of risk compared to more stable cryptocurrencies.
The future is looking bright for Dogecoin and Shiba Inu meme coins, according to the opinions of industry experts. Even though market analysts believe that some tokens will do well, you should be aware that in the cryptocurrency market, things may change in the blink of an eye.
It is not unusual to wake up to find that cryptocurrency prices have dropped by at least 40% since the previous day. The stock market may easily be brought down by just a few pieces of bad news. On the other hand, due to the obvious uncertain nature of the cryptocurrency market, high potential meme coins are excellent investments.
Due to the fact that they tend to pump hard and quickly, it is feasible to make and secure a substantial return on investment before the market starts moving against you. This is because they tend to pump hard and quickly.
Read More
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Capped Supply of 2 Bn, Token Burn
- NFT-Based Metaverse Game
- Presale Live Now – tamadoge.io
Source: https://insidebitcoins.com/news/5-must-buy-meme-coins-you-must-include-in-your-portfolio-in-2022