Top 4 Meme Coins to Look for in August 2023 for Higher Profits

The world of meme coins is repeatedly evolving and expanding. The concept of meme coin was introduced to the world in 2013 with the launch of Dogecoin featuring the image of Shiba Inu Dog. The advanced technology, the allure of meme culture, and the active community leading the meme coin industry to design a strong future.

Dogecoin (DOGE)

Dogecoin, the oldest and most valuable crypto meme coin, had maintained its strong position in the crypto market. The coin was launched in December 2013 and attracted over a million visitors to Dogecoin. The coin features a Japanese Shiba Inu dog meme, that made Elon Musk a center of attraction in the meme coin world. The coin is also operated as a decentralized means of payment and is one of the most valuable crypto assets. DOGE price at present is $0.062 with a market cap of $8.8 Billion. The total volume of DOGE is $778 Million in the past 24 hours, a hike of 81.36%.

Shiba Memu (SHMU)

Shiba Memu is categorized under the AI-powered meme coin and uses Natural Language Processing (NLP). It is a revolutionary cryptocurrency token combining blockchain and AI technology to design a self-sufficient and unstoppable marketing powerhouse. The coin was launched in Q2 2023 and managed to raise around $1.2 Million. AI technology made the coin more effective and popular in the crypto landscape. The current price of SHMU is $0.00016 and is predicted to hit heights in the near future.

Pepe (PEPE)

Another popular name in the list of top meme coins is the Pepe coin introduced in April 2023. It is one of the coins which went viral within a few days of launch and is inspired by the famous Pepe the Frog internet meme. Automatic liquidity generation and rewards make the coin the best option for higher profits. The value of Pepe coin will continue to expand in the near future, making it the best meme coin to invest in currently. The current value of PEPE is $0.0000011 with a market cap of $431 Million. The total volume of the PEPE is $175 Million, a hike of 31.48%.

Shiba Inu (SHIB)

Another option to look for in August 2023 in the field of meme coin is Shiba Inu, taking its name from a Japanese breed of dog. The coin was launched in 2021 and attracted millions of online memes. SHIB is a decentralized token designed to offer a more efficient approach to the blockchain. The current price of SHIB is $0.00000847 with a market cap of $4.9 Billion. The total volume of SHIB in the past 24 hours is $451 Million, a hike of 9.08%.

Conclusion

The Meme coin space is expanding rapidly and attracting millions of users, offering outstanding experiences. Pepe Coin, Shiba Inu, Shiba Memu, and Dogecoin are some of the top-rated and popular meme coins in the crypto market to look for in August 2023.