Meme Coins, just like the term implies, are cryptocurrencies created from or as a meme or joke. In the 2021 bull market, the Memecoin frenzy kicked in hard, with Dogecoin and Shiba Inu recording massive gains. However, the bear market has affected the memecoins ecosystem, and many investors are already asking if memecoins are a good investment. Here’s our memecoin token pick for November 2022.
The total market capitalization of all Meme tokens sits at $15,901,485,933, with Dogecoin alone having $10B of that slack and a total trading volume of $752,549,903.
Note: This List is sorted by their market capitalization from lowest to highest
King Shiba (KINGSHIB)
- Price Unit: $0.003921
- Market Cap: $1,395,511
- Distinct Features: The NFT Marketplace, KingNft, enables users to create new NFTs, exchange them at the market, and stake them for exclusive $KINGSHIB rewards.
King Shiba has come to the Binance Smart Chain to offer his subjects prizes for their loyalty and safety for their money.
To give his kingdom the best chance of mooning, King Shiba bans all reward tokens from his territories and instead gives them daily burns and reflection.
The King Shiba Team has a track record of producing secure cryptocurrency projects and has the marketing connections to take us to the moon. Honesty and reliable performance build trust, and they look forward to gaining the community’s confidence in this project.
Exchange: KINGSHIB is currently trading live on CoinTiger, XT.COM, Gate.io, PancakeSwap (V2), and LATOKEN.
Hoge (HOGE)
- Price Unit: $0.00002215
- Market Cap: $8,957,463
- Distinct Features: HOGE has started minting NFTs for holders and is also a sponsor of rally racing trucks and eSports.
Formerly known as Hoge.Finance or Hogecoin, HOGE describes itself as a community-driven, deflationary, auto-staking ERC-20 currency.
Every transaction involving HOGE is subject to a 2% tax. 1% of that tax is transferred to the burn wallet and permanently taken out of circulation. All wallets that have HOGE outside of exchanges receive the remainder.
HOGE is one of the first DeFi memecoins to successfully finish a Certik audit.
Exchange: HOGE is currently trading live on BitMart, Gate.io, Biconomy Exchange, PancakeSwap (V2), and 1inch Liquidity Protocol.
Pitbull (PIT)
- Price Unit: $0.000000000433
- Market Cap: $17,419,430
- Distinct Features: Pitbull is an auto-staking token whose ownership was renounced at the creation time and handed to the community.
Pitbull (PIT) is a dog-themed, community-driven meme coin on the Binance Smart Chain. It prides itself on fostering community growth and bills itself as a “unique social experiment” by involving investors in both the project’s development and the community’s growth.
Pitbull pays out to investors through an auto-staking mechanism that ensures passive yield by paying out to token holders fees from transactions made in PIT.
Pitbull (PIT), in addition to having a vibrant community, has a relatively advanced ecosystem for a meme coin. It has created several use cases thus far.
Exchange: PIT is currently trading live on MEXC, Bitrue, OKX, CoinTiger, and Bitget exchanges.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-3-memes-tokens-to-watch-in-november-2022/