Crypto

Top 10 Memecoins to Buy and Hold in 2023 – Next 10x Crypto?

04/22/2023
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Meme coins are impressive because of their chance for better utility and the potential for quick exponential returns for investors. To help investors decide which meme coins to add to their portfolio that have a better chance of surviving in the market, we’ll explore the top meme coins to buy and hold in 2023 in this article.

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Shiba Inu (SHIB)

Shiba Inu (SHIB) was created by an unidentified creator under the nickname Ryoshi in 2020. It is an Ethereum-based token that was created as a direct competitor to Dogecoin. Shiba Inu is a recreation coin created to capitalize on Dogecoin’s 2020 excitement.

Despite being one of the most spectacular meme currencies available, its value has risen with time. The Shiba Inu team revealed a layer-2 solution that would improve scalability and make it even more suitable for frequent payments. Shiba Inu also developed a metaverse, establishing itself in a rapidly growing business.

The SHIB token can be used by investors for a variety of purposes. A few changes have made SHIB more useful and lucrative, such as the ability to stake SHIB tokens to receive rewards directly on ShibaSwap, the project’s decentralized exchange.

Shibarium, a layer-2 solution, will be released, allowing for scalability and decreased transaction and gas expenses. Flexa, a secure payment network, has joined forces with Shiba Inu. Following the integration with Flexa’s network, SHIB investors will be able to use their tokens as currency at 41,000 locations.

Dogecoin (DOGE)

Dogecoin was formally introduced in December 2013, employing a proof-of-work (PoW) method similar to that of Litecoin. The coin quickly attracted a large number of traders, causing the DOGE price to rise by more than 920% in January 2014. Dogecoin is the most well-known meme cryptocurrency.

The project has largely speculative worth, but as a result of the efforts of its developers, it has also gained fundamental value. In addition, as of April 2023, DOGE is ranked eighth on CoinMarketCap’s crypto leaderboard. On April 6th, Dogecoin values surged after Elon Musk’s Twitter made a Shiba Inu dog, the meme token’s symbol.

Although it is still significantly behind its peak in 2021, the value of currencies has surged, with Dogecoin increasing by nearly 30% in a single day when Twitter changed its logo. Elon Musk, the founder of Twitter, has been a vocal supporter of Dogecoin.

Dogecoin may still be a decent investment for those with a little extra funds and are willing to open a very speculative position. Dogecoin has the potential to generate double or triple digit returns, but it’s also possible that the coin will fall even more in the months and years ahead.

Due to this, investing in DOGE may be more suited to risk-takers than to those who desire low volatility.

Love Hate Inu (LHINU)

LHINU is an intriguing meme token that provides users with numerous valuable financial benefits. Its versatile endeavor is the primary driver of the meme token’s popularity and interest. The Love Hate Inu initiative on the Ethereum blockchain is the ultimate meme sensation.

The cutting-edge platform incorporates an innovative vote-to-earn (V2E) model that empowers its users to vote on polls and earn commercial ventures. However, Love Hate Inu claims that it is unique because it offers a secure digital voting system that is advantageous to global markets. Guide on how to buy LHINU token here.

Users can vote on debates and viral topics. Brands and institutions can also use the V2E project to run tamper-proof voting activities with their target audience to find out how satisfied they are with innovations or what they think about them, and to give participants goods, merchandise, and much more.

Love Hate Inu has reached a new milestone of $5.3 million in its toke presale from early supporters with the expectation of future high returns. At the time of writing, investors can purchase LHINU for $0.000125 per token.

The rest of the finest meme coins to buy and hold in 2023 can be found in the video above. Subscribe to his YouTube channel for more crypto-related contents. Also, Jacob Crypto Bury runs a Discord group with around 11k members where users can acquire trading tips and learn about upcoming cryptocurrency presales.

DogeBonk (DOBO)

DogeBonk is a token on the Binance Smart Chain (BSC) with autonomous yield production and deflationary characteristics. All distributions to DogeBonk holders simply for keeping their tokens are subject to a 5% tax.

A locked liquidity pool will automatically receive an additional 5% tax. DogeBonk is a meme coin initiative with a similar design to Dogecoin. The developers of DogeBonk have made an effort to take use of Dogecoin’s sizable community backing.

The SafeMoon token, which was regarded as one of the most promising cryptocurrencies, was forked to become DogeBonk. One quadrillion DOBO tokens are available in total, 300 trillion of which were destroyed at launch. In terms of utility, DogeBonk is mostly utilized for static rewards and to gain access to the meme tools feature.

Pitbull (PIT)

Pitbull (PIT) is a dog-themed meme coin that runs on the Binance Smart Chain (BSC). It is run by the community. It is proud of how it helps the community and calls itself a “unique social experiment” because it involves funders in both the project and the community’s growth.

Pitbull gives back to its investors through an auto-staking system that promises passive income by giving token holders fees from PIT transactions. The Pit community’s website already has a few projects, but it is always looking to add more.

The Pit Metaverse is one of the projects that are in the works. That will let gamers join a site where they can join the Meta and use play-to-earn games to their advantage. Investors can purchase PIT on OKX.

Related

Love Hate Inu – Newest Meme Coin

Love Hate Inu
  • Decentralized Polling – Vote to Earn
  • Early Access Presale Live Now
  • Ethereum Chain
  • Featured in Yahoo Finance
  • Mint Memes of Survey Results as NFTs
  • Staking Rewards
  • Viral Potential, Growing Community

Love Hate Inu


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Source: https://insidebitcoins.com/news/top-10-memecoins-to-buy-and-hold-in-2023-next-10x-crypto