Meme coins are a type of cryptocurrency based on or related to internet memes. Memecoins typically use decentralized blockchain technology, meaning they are not subject to government or financial institution control. Meme coins aren’t much more complicated than this dictionary definition of a meme—they’re just cryptocurrencies based on memes and internet jokes.
Dogecoin (DOGE) and Shiba Inu’s (SHIB) interests have faded due to the decrease in cryptocurrency prices. The old chain of the collapsed Terra (LUNA) ecosystem, Terra Classic (LUNC), appears to be taking over. There are several meme coins on the market. However, knowing which ones to invest in is essential. In 2022, Dogecoin (DOGE), Floki Inu (FLOKI), and RoboApe Token (RBA) are the top three meme currencies on the market.
Should you invest in meme coins? Let’s dive right in and see the features of each coin.
Meme Coins and Crypto Memes
These coins aren’t the same as other crypto-related themes. Crypto meme coins are simply memes that have been passed around on the subject of crypto. A meme coin is a fully functional cryptocurrency built around a particular meme.
A great example of why these coins might be valuable to look at on a list of meme coins is Dogecoin. Dogecoin generates a lot more new coins than is typical for a stable currency. Doge’s supply is somewhat restricted, with a few big wallets possessing most of the supply. This makes significant rug pulls a genuine danger and frequent events. It was also designed just as a joke with no practical application. Dogecoin is more popular than other mainstream altcoins because it has a use case as a meme cryptocurrency. Doge is a meme coin that has been around for several years and is still used and accepted today, despite being only a joke.
This post will look at several of the most popular meme coins that will explode in 2022. We’ll also go over the top meme coins to buy for 2022 and the best platforms for purchasing and trading these cryptocurrencies at a low cost.
1. Tamadoge
Tamadoge is the most promising meme coin to the meme coin market, coming in with a roar. Tamagotchi was a popular 1990s toy that let kids take care of a meme pet, much like this current phenomenon known as Tamagotchi.
Under the Tamadoge ecosystem, players mint “Tamadoge pets” that are built as Non-Fungible Tokens (NFTs). Every month, users will be able to breed, train, and combat their Tamadoge NFTs for the highest spot on the scoreboard. The TAMA token is the native currency of the Tamadoge ecosystem, which comprises play-to-earn games and NFTs.
So far, Tamadoge (TAMA) has raised $4 million in their beta presale- and if investors continue to invest at the current rate, the presale will end soon. This is a rare opportunity to buy TAMA before the effects of the presale on price kick in. Tamadoge beta presale ended on 2 September 2022, while the presale ends in the last quarter of 2022. The token will use the Ethereum blockchain and will be an ERC-20 token.
After the presale, LBank and Uniswap – well-known centralized (CEX) and decentralized exchanges (DEX), will accept the meme token. You’ll be able to buy, hold, and trade TAMA there.
Tamadogé has excellent potential with its fascinating play-to-earn features and impressive roadmap. It appears to be one of the most promising low-cap currencies of 2022.
The token sale for the ‘Yamato’ cryptocurrency, dubbed TamadogE, will conclude in the fourth quarter of this year. Tamadoge is expected to list on major exchanges in early 2022. Keep an eye out for this one- it has a lot of potential to be one of the top meme coins of next year.
2. Battle Infinity
Battle Infinity is an NFT game based on the Ethereum blockchain that will feature various games and genres, with the first game being an online brawler. The developers have plans to release additional games in the future, such as an online card game, a soccer game, and more.
The platform uses the ERC-721 standard for its NFTs, meaning each NFT is unique and can’t be replicated. The game will also feature a play-to-earn system in which players can earn the native BIN token for playing and winning matches.
The most popular league on the project, the IBAT Premier League, is an NFT-based sports fantasy competition. The platform also includes a meme coin that doubles as the platform’s utility token. The NFTs can be bought using the IBAT meme tokens.
The IBAT token was launched through a presale in the second quarter of 2022. It is now available on decentralized exchange PancakeSwap and CEX LBank, with more listings expected shortly.
The IBAT is a good meme coin, and the project has a lot of potential, with several games in development and a play-to-earn scheme that should encourage players to keep playing.
3. Kishu Inu (KISHU)
Kishu Inu strives to make crypto concepts accessible to the average person. It offers rewards for token holders, a decentralized crypto exchange, and non-fungible tokens (NFTs). The Kishu Inu meme currency debuted in August 2020 and claimed to be a joke currency. Dogemania is credited with initial popularity for the reason of Kishu Inu. However, it is expected to develop its following.
Kishu Inu was designed as a deflationary currency that gives discounts to buyers who purchase more coins. As the meme coin movement expands, we may anticipate seeing more of these alternative coins spring up and gain popularity, with meme coin values in India continuing to rise. Furthermore, because the emphasis on actual-world usage is more significant than ever, creators will most likely include functional characteristics.
4. Loser Coin (LOWB)
Losercoin is a project initiated by two poor guys from China, one is a father of two kids from a village, and the other is a coder living a miserable life by working 60 hours a week. In 2017, the two founders heard about Bitcoin for the first time, and they had lost a lot of money trading cryptocurrencies. This project began as an open path, and was prepared to lose everything.
On 21 April 2021 (no initial coin offering), the loser coin was made public, with two founders putting all of their life savings into the liquidity pool.
The most realistic price for one Loser Coin [LOWB] is $0.000022. Loser Coin trades on four exchanges with a total of six active markets. The volume for [LOWB] in the last 24 hours for 13 September was $241 652, putting it at 1055 on the list of cryptocurrencies. This meme coin was rated to be the best meme coin for staking.
5. Baby Floki (BABYFLOKI)
Baby Floki is one of the meme coins that successfully captured and rode Elon Musk’s influence on the crypto market. Elon Musk’s puppy, Floki, is the namesake of Baby Floki. This association makes Baby Floki gain value whenever Elon Musk tweets about his pup. This is adjudged as the Best Meme Coin for Big Rewards in 2022.
Baby Floki is also deflationary, which means it becomes more valuable as more people use it. As of 13 September today, the last reported BABYFLOKI price is $0.00005109. Baby Floki’s last market capitalization was unknown. 24-hour BABYFLOKI volume is also unknown.
Baby Floki is traded on one exchange and has a market cap rank of unknown. The top exchange for Baby Floki is PancakeSwap V2, where it trades at $283.07. Eight months ago, Baby Floki hit an all-time high price of $0.002217 per coin. In the last day alone, the volume has been transparent, and 5 active markets have used Baby Floki, with its highest trading volume coming from BNB ($283 .07).
6. Safemoon
SafeMoon is a cryptocurrency token created in March 2021 on the Binance Smart Chain blockchain. The token charges a 10% fee on transactions, with 5% going to token holders and 5% to wallets in a different currency, Binance Coin, controlled by the coin’s authors.
The objective of the Open Source Business Foundation’s SafeMoon initiative is to be a program that uses its resources to benefit people, as stated on its website: “We are now working toward the completion of our goal, the further development and distribution of our technology in order to help new advances for good become reality.” A Venture Philanthropy model will be used to get these ideas out into every corner of the globe.
The concept of Safemoon was designed to encourage long-term investment and discourage selling, but it has so far failed to take off. It does this by imposing a 10% fee on sellers, half of which is refunded to previous holders while the rest is used in a liquidity pool to enhance price stability.
Blockchain security firm CertiK found during an audit of Safemoon that its owners acquire tokens from the liquidity pool, giving them control over tokens created as part of the fee. CertiK flagged this as a significant issue in its report and recommended that Safemoon improve its security features.
7. Dogecoin (DOGE)
Dogecoin is a cryptocurrency named Dogecoin, created by software developers Billy Markus and Jackson Palmer as a “joke” to criticize the wild cryptocurrency speculation at the time. It is regarded as the first “meme coin” and, more specifically, the first “dog coin.”After Elon Musk began to support Dogecoin, it became one of the most well-known meme coins. Its value jumps to astronomical heights in a matter of months.
DOGE gained 10,900% and is currently trading at $0.068. Some analysts believe Dogecoin will be worth $0.6 per coin within five years. That is why DOGE is now a good investment opportunity since it will undoubtedly be the top meme coin. If you’re looking for a way to purchase Dogecoin right now, eToro allows you to do so with no fees.
8. Samoyed Coin
Samoyed Coin is a popular meme coin from the stables of the Solana blockchain. Samoyed Coin was created by Sam Bankman-Fried (a backer and owner of FTX crypto exchange) and Solana creator Anatoly Yakovenko. It has become popular due to its fun-themed digital asset and its mission to onboard more users into the crypto space; however, the joke crypto focuses on bringing in new Solana users, educating market participants, creating personal connections, and helping token holders maximize their potential return.
Samoyed Coin is the public face for meme coins on the Solana blockchain and has been one of the fastest-rising meme stars in the past year. This meme coin is adjudged as the Best Meme Token to Buy for Solana Ecosystem.
9. RoboApe Token (RBA)
RoboApe Token (RBA) is a brand-new cryptocurrency coin that has grand ideas for using voting to raise money for various projects. A flourishing community of coders and producers created the inventive meme coin RoboApe (RBA). RoboApe is set to provide its users with a unique environment brimming with numerous benefits. One of the many advantages accessible via Defi products is access, which includes several other features.
Users will appreciate it and be rewarded with a variety of freebies and perks as well. The token deflationary approach, for example, allows platform token holders to split half of the transaction costs incurred.
10. Hoge Finance (HOGE)
Hoge Finance (HOGE) is a Decentralized Finance (DeFi) auto-staking ERC-20 – not to be mistaken with ERC20 – token. Hoge was rebranded as Hoge on 7 February 2021. It was previously known as Hoge Finance.HOGE’s price is US$ 0.00002931, and the trading volume is around US$ 20,754 on 8 June 2022, according to CoinMarketCap.
The platform also shows HOGE ranking 758th with a market capitalization of $ 11.8 million. HOGE has a token supply of 402,276,464,812 coins in circulation and a maximum supply of one trillion.
Are meme coins a good investment?
When investing in cryptocurrency, you might ask yourself whether digital assets are a good investment. It is worth noting that meme coins have good sides and demerits. The demerit is that many meme coins are held together by the communities supporting them. However, there are also a lot of good things about meme coins – including:
You may safely invest in the most popular meme coins knowing that your money will be safe and grow.
Meme Coins could Rebrand
A key strength of meme coins is that they always have the potential to become more valuable. Although meme coin communities can proTo overcome this, some of the best meme coins for 2022 have already begun changing.
Dogecoin has now been accepted as a payment option at the Tesla store, and other firms may follow suit. Shiba Inu’s developers are also developing a decentralized exchange called ShibaSwap.
These are just a few of the many ways in which meme coins may help to benefit society. They should be able to make significant gains overall if they have a lot of support, and if an asset lacks a clear goal, it will most likely fall behind.
Where to Buy Meme Coins
It is recommended to use a cryptocurrency exchange to search for meme coins. These platforms allow crypto traders access to the entire market from the comfort of their homes by enabling them to trade across multiple exchanges.
If you’re looking for other meme coins that aren’t yet listed on centralized exchanges, try searching decentralized exchanges (DEXes) like Pancakeswap or Uniswap. Be careful when using those – visit the coin’s official website to get the correct contract address.
Of all available exchanges, eToro is most likely a recommendable platform with everything you need to make crypto trades, including an easy-to-use interface, a low minimum trading balance, and zero-commission trading.
Meme coins are undoubtedly popular. These assets have a lot of potential for profit and might quickly make you wealthy. Memecoins have shown great potential, but it is still a new industry with many uncertainties. Many things can happen and change in the space of a few minutes. No one knows what the future holds for meme coins, but they have shown great promise.
However, it would help if you were careful with meme coins and always remember to do your research. There are a lot of scams out there, and you don’t want to fall for one. If you’re thinking about investing in a meme coin, make sure you know what you’re doing first.
This guide has hopefully given you a better understanding of what meme coins are and how they work. If you’re still not sure, that’s okay. Just remember to do your research before investing in anything. Cryptocurrencies are risky, and you should never invest more than you can afford to lose.
Source: https://www.cryptopolitan.com/meme-coins-list/