The meme coin space has witnessed renewed growth and interest as 2024 closes in, with established meme coins such as doge and Shiba Inu holding their top spots and clocking in 30 day growth figures, while newer and younger meme coins like Bonk, Corgi Ai, ApeMax and others have witnessed newfound popularity and hype.
Cryptocurrencies and meme coins are riding on a phenomenal comeback as bullish sentiment and optimism are once felt. This article looks at some of the top meme coins Web3 onlookers are buying for 2024. This piece is compiled based on the recent top meme coin trends, looking at some of the fastest growing meme tokens, while also exploring data from token aggregator sites and news on younger popular meme tokens such as presale coins like ApeMax. So without further ado, let’s jump right in.
Top Meme Coins To Buy in 2024: A Closer Look
ApeMax (APEMAX)
This new meme coin is leading the charge with its innovative tokenomics and unique features in the meme coin space. ApeMax introduces their novel “Boost-to-Earn” staking system wherein coin holders are able to earn rewards as they “boost” their favorite entities via staking. This adds a layer of utility to this meme coin, along with a fun mascot.
ApeMax users have immediate token access post-purchase, a feature not found in most meme coin presales. This gives its holders instant utility and enables them to participate in boost staking. Alongside its tokenomics, ApeMax has a growing presale phase. Moreover, limited discounts for early adopters can be had through Early Bird Loot Boxes.
Shiba Inu (SHIB)
One of the most popular meme coins, Shiba Inu gained fame in 2021 as a self-proclaimed “Dogecoin killer.” Its large and active community continues to drive its popularity, while the project expands into areas like gaming and the metaverse. This year, they introduced Shibarium, a Layer 2 blockchain running on top of Ethereum to reduce gas fees, congestion, and other future-proofing features.
Bonk (BONK)
A newcomer to the scene, Bonk emerged on the Solana blockchain in December 2022 and quickly gained traction due to its association with Solana meme culture and its meme-centric marketing. Focusing on the Solana ecosystem, Bonk, like ApeMax, distinguishes itself from other meme coins by utilizing a blockchain platform with lower transaction costs.
CorgiAI (CORGI)
Launched in 2021, CorgiAi combines the meme coin trend with artificial intelligence (AI) aspirations. The project aims to develop an AI-powered meme generator and a decentralized social media platform. Drawing inspiration from the beloved Welsh Corgi, a small herding dog recognized for its distinctive physique and playful demeanor, the CorgiAI project utilizes its native token, CORGIAI, as the primary medium of exchange within its decentralized community.
CorgiAI hit its all-time high just last month, on November 12th, with daily trading volumes reaching a whopping $2 million. And its market cap has grown steadily, now topping $400 million.
Coq Inu (COQ)
Coq Inu (COQ) is a meme coin operating on the Avalanche C-Chain, with a total supply exceeding 69 trillion tokens. Founded by community members, the entire coin supply was initiated with 150 Avalanche (AVAX) in initial liquidity. Currently the 9th biggest meme token based on market capitalization, COQ stands out as a trending meme coin within the AVAX ecosystem.
Snek (SNEK)
Launched in February 2022 on the Cardano blockchain, Snek aims to establish itself as Cardano’s most laid-back meme coin. This community-driven project stands out by eschewing pre-mining and team allocations, fostering a collaborative environment among users. Currently, Snek has a market cap in excess of $100 million.
Dogwifhat (WIF)
Another new face in the meme coin space, WIF emerged on the Solana blockchain back in November 2023, and quickly rose to popularity due to its funny mascot, a dog with a pink knitted hat. This meme coin reached $130 million in market capitalization, although it had a price decline in the past 7 days.
Dogecoin (DOGE)
The grandfather of meme coins, Dogecoin, started as a joke in 2013 but has garnered significant real-world value thanks to its association with Elon Musk and its large, dedicated community. As the first meme coin, it boasts a huge community and of course, market cap. As of December 2023, DOGE’s market capitalization was nearly $13 billion.
Pepe Coin (PEPE)
Launched in April 2023, Pepe Coin is a cryptocurrency inspired by the popular internet meme “Feels Good Man” frog, also known as Pepe the Frog. The official website states that the PEPE meme coin has no value or utility, and it remains a popular choice among meme coin enthusiasts due to its association with the iconic Pepe meme.
Closing Thoughts
The recent resurgence of meme coins, from the renewed interest in DOGE and SHIB, to the advent of newer meme tokens like Coq Inu, Bonk, and ApeMax, underscores the continued interest in this lighthearted and community-driven segment. Amongst the recent developments, one noticeable trend amongst top new meme coins is their move away from EVM to more affordable and efficient blockchains, as is the case with Corgi Ai, ApeMax, Snek and others.
Although meme coins can be fun, it is important to be cautious when considering meme coins or any crypto coins. Meme coins and all cryptocurrencies are inherently volatile and contain their share of risks. It’s vital to approach the blockchain realm with caution and due diligence. Moreover, entering the cryptocurrency market is not for everyone. This article should not be viewed as offering any financial advice or guidance. For those looking at ApeMax, visit the official website of this coin for complete details on buying requirements and other eligibility rules and constraints.
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Source: https://www.analyticsinsight.net/top-meme-coins-to-buy-in-2024-new-year-new-buzz-in-the-memecoin-market-with-shiba-inu-bonk-corgiai-apemax-coq-inu-snek-and-more/