Home Cryptocurrency 17 Best Meme Coins to Buy Now for Maximum Gains in May 2024
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Today, we’re sharing the top meme coins worth your attention in 2024. New meme coins appear all the time, and distinguishing between a legitimate project and a scam isn’t easy.

Furthermore, even trustworthy projects often fail within days from launch, which leads to large losses for investors.

To help you navigate this uncertain and volatile market, we dug into the background of the most popular coins, analyzed their performance over time, and researched their use cases.

We included both established meme coins like Dogecoin and new ones that are only available on presale.

Dogeverse, Sealana, WienerAI, SpongeV2, and Smog could be the best meme coins to buy now for rapid returns, while established tokens like Dogecoin and Shiba Inu might offer safer investments for long-term gains.

  • First Multichain Doge Coin
  • Interconnectedness on Six Major Blockchains
  • Lower Fees & Faster Processing Times for Multichaining
Project Launched
8 April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • Matic
    Matic
  • +1 more
  • Inspired by South Park's Take on a World of Warcraft Character
  • Raised Over $130k in Less Than 24h
  • No Tiered Price Increases
Project Launched
May 2024
Purchase Methods
  • SOL
    SOL
  • ERC20 Token on the Ethereum Blockchain
  • 3,440% Estimated staking APY
  • 3rd Party Audit by Coinsult
Project Launched
11 April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Card
    Card
  • +1 more
  • Stake-to-Bridge System
  • Play-to-Earn Game
  • 40% Staking APY
Project Launched
December 2023
Purchase Methods
  • Card
    Card
  • USDT
    USDT
  • ETH
    ETH
  • Hottest Solana Meme Coin on the Market
  • Stake $SMOG & Earn 42% APY
  • Airdrop-Focused Meme Project Up 1,400% After Fair Launch
Project Launched
February 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BONK
    BONK
  • SOL
    SOL
  • +1 more
  • Cat Meme Coin with AI Meta
  • Raised Over $150,000 in the First 24 Hours
  • Plans to Dethrone Doge Coins
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Card
    Card
  • +1 more
  • Newest Solana Meme Coin
  • Possibly Made by the Smog Founders
  • Instant Token Airdrop
Project Launched
March 2024
Purchase Methods
  • SOL
    SOL
  • Wild West meets crypto frontier digital universe
  • Untility ideas include referral program, governance discussions, savings, and more
  • 18353% estimated staking APY
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Supports the creation and sharing of memes through financial incentives
  • L2 network compatibility for low-cost transactions
  • Stake rewards for a potential APY of 107%
Project Launched
March 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • Matic
    Matic
  • USDT
    USDT
  • +1 more

Top 17 Meme Coins to Invest in 2024

  1. Dogeverse ($DOGEVERSE) – Multichain doge coin that raised over $10M in a matter of weeks on presale
  2. Sealana ($SEAL) – Solana meme coin with over $130K raised in less than a day
  3. WienerAI ($WAI) – Meme coin project offering high staking rewards and an AI trading tool
  4. Sponge V2 ($SPONGEV2) – Successor of the meme coin legend with stake-to-bridge mechanics
  5. Smog ($SMOG) – Generous dragon offers its holders Solana airdrops
  6. Slothana ($SLOTH) – New Solana token that raised $650K+ within 24h on presale, now available on DEXs
  7. Kai ($KAI) – AI cat meme token raises $154K on presale
  8. Shiba Shootout ($SHIBASHOOT) – Marshal Shiba offers solid community incentives, including staking rewards and lotteries
  9. ORACLE MEME ($OMEME)Upcoming meme coin offers meme AI generation
  10. Dogecoin ($DOGE) – The original meme coin trading at a 90% bear market discount
  11. Shiba Inu ($SHIB) – One of the most successful meme coin stories to date
  12. RichQUACK ($QUACK) – 12% sales tax shared with token holders for passive rewards
  13. Dogechain ($DC) – Bringing smart contracts and web 3.0 tools to the Dogecoin ecosystem
  14. Pepe ($PEPE) – The fastest-growing meme coin by market cap
  15. Floki ($FLOKI) – Native coin of the Valhalla metaverse offering high staking rewards
  16. Dogelon Mars ($ELON) – One of the earliest meme coins may see a revival
  17. Milady Meme Coin ($LADYS) – One of the hottest meme coins with 90% of the community bullish

Buy Meme Coins If

  • You’re comfortable with high-risk, high-volatility investments
  • You’re diversifying your portfolio
  • You’re like participating in short-term trading
  • You’re interested in meme culture and trends
  • You’re familiar with the team behind a particular project
  • You understand the coin’s tokenomics

Don’t Buy Meme Coins If

  • You prefer low-risk investments
  • You don’t understand the project
  • You aren’t ready to lose your investments
  • You’re looking for long-term stability

The Best Meme Coins in May 2024 Reviewed

While some meme coins go on to achieve phenomenal returns, many crash and burn.

One of the challenging aspects of meme coin investing is knowing which projects have the potential to explode. Investors need to consider many factors, such as the meme coin’s use case (if any), community backing, and tokenomics.

Below, we analyze the best meme coins to buy in 2024.

Diversification is even more important in volatile trading environments. Consider this when researching the top meme coins 2024 discussed below.

1. Dogeverse ($DOGEVERSE) – Likely the Best Meme Coin to Buy Now, Raises $10M in Presale in Record Time

  • First Multichain Doge Coin
  • Interconnectedness on Six Major Blockchains
  • Lower Fees & Faster Processing Times for Multichaining
Project Launched
8 April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Card
    Card
  • Matic
    Matic
  • +1 more

Dogeverse, a new Shiba Inu-themed meme coin, deployed on six major blockchains:

  • Ethereum
  • BNB Chain
  • Polygon
  • Solana
  • Avalanche
  • Base

Multichain interoperability potentially positions $DOGEVERSE for mass adoption, catering to investors across six networks.

It also future-proofs the project, opening a whole world of applications and ensuring it isn’t confined to a single blockchain’s performance.

This unique approach helped $DOGEVERSE raise over $10M on presale in a matter of weeks.

Currently, $DOGEVERSE is selling for $0.00031 and offers up to 84% staking APY.
Tokenomics Features $DOGEVERSE Tokenomics Data
Maximum Supply 200 billion
Total Staked 1 billion
Estimated Staking Rewards 1,435% APY
Allocated for Project Funds 25% (50 billion)
Allocated for Marketing 25% (50 billion)
Allocated for Presale 15% (30 billion)
Allocated for Staking 10% (20 billion)
Allocated for Liquidity 10% (20 billion)
Allocated for Ecosystem Funds 10% (20 billion)
Allocated for Exchanges 5% (10 billion)

The project’s roadmap outlines plans for DEX and CEX listings in the near future, along with continued marketing and community incentives for sustained growth.

You can follow Dogeverse on X to stay up-to-date with the project’s development.

Token Info $DOGEVERSE
Presale Started April 8, 2024
Purchase Methods ETH, USDT, MATIC, AVAX, Card
Chain Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base
Minimum Investment None
Maximum Investment None

2. Sealana ($SEAL) – Solana Meme Coin Raises $130K in Less Than a Day

  • Inspired by South Park's Take on a World of Warcraft Character
  • Raised Over $130k in Less Than 24h
  • No Tiered Price Increases
Project Launched
May 2024
Purchase Methods
  • SOL
    SOL
Sealana is a fresh meme coin in the Solana ecosystem, raising $130K+ in less than a day of going on presale.

The project doesn’t have utility, a roadmap, or detailed tokenomics, and it seems to conduct its presale similar to Slothana, another Solana project that raised $15M during the presale. Buyers can send $SOL to the developer wallet or connect to the presale widget on the site to buy $SEAL.

Sealana presale widget

Sealana’s mascot is an overweight seal based on a South Park character and plays on American culture to attract investor interest and FOMO.

Plus, with Solana’s 10% increase in the last 24 hours and 510% in the last year, Solana-based meme coins could see a revival.

The project’s X channel will keep you up-to-date on development and milestones. We have no whitepaper to verify, but this isn’t unexpected for a meme coin.

1 $SOL buys you 6,900 $SEAL, making one token worth around $0.0192.

To buy $SEAL, connect your wallet to the presale widget and send $SOL. You should receive the $SEAL after the presale is over.

Token Info $SEAL
Presale Started May 2024
Purchase Methods SOL
Chain Solana
Minimum Investment None
Maximum Investment None

3. WienerAI ($WAI) – AI Dog Token Raises $100K Within Minutes

  • ERC20 Token on the Ethereum Blockchain
  • 3,440% Estimated staking APY
  • 3rd Party Audit by Coinsult
Project Launched
11 April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Card
    Card
  • +1 more

WienerAI took the crypto meme community by storm when it launched April 11 on presale and raised over $100K in mere minutes.

It now sits at $370,000 with a token price of $0.0007, more than double the initial presale price.

The project combines two evergreen niches: meme coins and artificial intelligence.

Its ERC-20 nature also brings interoperability with dApps and all other Ethereum apps, alongside lower transaction costs. Further utility will be added by the upcoming trading bot feature, after the developers listened to community requests.

WienerAI’s token supply is 69B tokens, according to the whitepaper. Approximately 20.7B are allocated for presale and 6.9B go toward liquidity, building long-term stability for the project.

WienerAI’s tokenomics

$WAI also has a security audit by Coinsult with only one low-risk issue. All the important bits, like the owner’s ability to mint tokens or set fees, have passed all security checks.

The project also has over 4,400 followers on X, with a lot of organic engagement from crypto enthusiasts and self-proclaimed meme coin fanatics. The developers’ hype-y attitude also helps build loyalty in the community. The team clearly wants to have a strong launch, which could be why we’re seeing a lot of positive sentiment around the project.

Investors have staked over $547M tokens (73% of total presale allocation) with a rewards rate of 1,892% APY. More than $470M WAI have been rewarded to token holders.

You can buy WienerAI from the official presale website with ETH, BNB, USDt, or card. You’ll receive the tokens in your wallet on the website, where you can also stake them.

Token Info $WAI
Presale Started April 2024
Purchase Methods ETH, BNB, USDT, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

4. Sponge V2 ($SPONGEV2) – Successor of the Meme Coin Legend with Stake-to-Bridge Mechanics

  • Stake-to-Bridge System
  • Play-to-Earn Game
  • 40% Staking APY
Project Launched
December 2023
Purchase Methods
  • Card
    Card
  • USDT
    USDT
  • ETH
    ETH

Sponge V2 is a successor to the $SPONGE meme coin, which soared to a remarkable $100 million market cap. The new iteration introduced the Stake-to-Bridge mechanism that links Sponge V1 holders with the V2 ecosystem.

The original $SPONGE token saw a huge price spike of 340% within a week of its release. However, as the hype faded, we saw an equally sharp price decrease.

SPONGE coin price graph
The original SPONGE coin price graph

Still, there remain over 11K unique holders and over 23K  followers on Sponge’s X account. Community support led $SPONGE’s developers to rethink their approach and launch $SPONGEV2 in February 2024.

$SPONGEV2’s utility lies in staking rewards. The returns fluctuate depending on the number of staked tokens and stake duration but are estimated to be around 40% APY over four years.

SPONGEV2 coin presale
SPONGEV2 presale is ongoing

Importantly, V2 is supposed to replace V1 rather than coexist with it. The only way for you to get $SPONGEV2 tokens is by permanently locking your V1 tokens to the new smart contract.

The V2 token surged 40% within the first 24 hours after its launch on the Polygon network. This represents a +3600% return on investment for those who staked their V1 tokens in May of last year.

Currently, $SPONGEV2 is unavailable on crypto exchanges. However, developers plan to list the token on Binance and OKX in 2024, along with launching a play-to-earn blockchain game. This could add even more appeal to the project.

Token Info $SPONGEV2
Purchase Methods Only available through stake-to-bridge
Chain Ethereum
Minimum Investment None
Maximum Investment None

5. Smog ($SMOG) – Generous Dragon Offers Its Holders Solana Airdrops

  • Hottest Solana Meme Coin on the Market
  • Stake $SMOG & Earn 42% APY
  • Airdrop-Focused Meme Project Up 1,400% After Fair Launch
Project Launched
February 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BONK
    BONK
  • SOL
    SOL
  • +1 more

$SMOG token was launched in February 2024 but has already acquired a large and supportive community on X. Smog’s posts gain hundreds, often thousands of likes, with most users being hopeful about the coin.

Smog community forum
Smog community is bullish

$SMOG held a fair launch on Solana Raydium DEX, which means it had no presale like many other top meme coins.

Many crypto enthusiasts criticize presales for the centralization of tokens and the increased risk of rug pulls or exit scams, so a fair launch is another indication of trustworthiness.

It’s worth noting some Reddit users fell for a scam replicating Smog’s website. However, the coin itself has proven to be legitimate.

As with any popular crypto project, be cautious and only buy from the official website or trustworthy exchanges.

We briefly mentioned Smog’s Solana airdrops. Smog’s utility is the very reason it exploded 4,600% right after its launch. If you buy $SMOG on Solana, you can qualify for token airdrops.

The more you hold $SMOG, the more you can earn from the airdrop. You can also accumulate airdrops by completing Smog quests on Zealy.

While the first season of airdrops is almost over, the Smog X account announced more are coming in the future, so it’s worth following the project for more information.

Smog X account announced SmogSwap
Smog X account announced SmogSwap

If you buy $SMOG on Ethereum, you can stake it and earn rewards of 42% APY. On top of that, Ethereum investors get a limited-time 10% discount unavailable on Solana.

$SMOG total supply is 1.4 billion tokens distributed across the Ethereum and Solana ecosystems. The team behind the coin allocated 50% of the token supply to marketing efforts, 35% for airdrop rewards, and the remaining 15% for ensuring liquidity for exchange launches.

Smog performance trend graph
Smog coin price

In early March 2024, $SMOG reached a $263 million market cap, which has now fallen to around $175 million. There are rumors about a burning mechanism in the works, which is meant to increase returns for early investors.

Token Info $SMOG
Purchase Methods SOL, USDT, BONK
Chain Solana
Minimum Investment None
Maximum Investment None

6.  Slothana ($SLOTH) – New Solana Token that Raised $650K+ Within 24h

  • Newest Solana Meme Coin
  • Possibly Made by the Smog Founders
  • Instant Token Airdrop
Project Launched
March 2024
Purchase Methods
  • SOL
    SOL

Slothana, the newest meme coin running on Solana’s network, raised over $650K within one day of going live on presale.

Like with many meme coins, the team behind $SLOTH is anonymous, but community members speculate founders of $SMOG are behind it.

Slothana (SLOTH), the new presale meme crypto coin

Slothana took a different approach from the likes of $DOGEVERSE or $WAI, which hold presales with milestones and timers. Instead, it required investors to send $SOL to a dedicated token address and wait for an airdrop with $SLOTH tokens. The love for airdrops is another sign $SLOTH and $SMOG might be related.

The presale is now over, but you can buy $SLOTH on DEXs.

The project aims to build a strong community, which would ensure the its long-term viability. While the official X account hasn’t yet gained a large following, the engagement level is impressive, so the future looks bright for $SLOTH.

Furthermore, $SOL price has gone up 82% this month, and the same uptrend can be seen for many Solana-based tokens.

Solana crypto coin price

Token Info $SLOTH
Purchase Methods SOL
Chain Solana
Minimum Investment None
Maximum Investment None

7. Kai ($KAI) – AI Cat Meme Token Raises $154K on Presale

  • Cat Meme Coin with AI Meta
  • Raised Over $150,000 in the First 24 Hours
  • Plans to Dethrone Doge Coins
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Card
    Card
  • +1 more

$KAI is the latest ERC-20 meme coin featuring a cybernetic feline mascot. This purrfect project cleverly combines two crypto trends: meme coins and AI.

With sights set on dethroning the reigning $DOGE, $KAI beckons all cat lovers to join the revolution.

Fresh out on presale, $KAI raised $154K in a mere days, with one token now selling for $0.004.

Beyond its feline allure, $KAI attracts investors with up to 122,267% staking APY (the rate is dynamic and is expected to decrease as more investors join the pool).

Kai roadmap outlines plans for a launch on CEXs and DEXs once the presale is over.

Despite being a meme coin, $KAI talks serious business, passing a Consult security audit to fuel investor trust.

Read the project’s whitepaper and follow its X channel for more information.

Token Info $KAI
Presale Started May 2024
Purchase Methods ETH, BNB, USDT, Fiat
Minimum Investment None
Maximum Investment None

8. Shiba Shootout ($SHIBASHOOT) Marshal Shiba Offers Solid Community Incentives

  • Wild West meets crypto frontier digital universe
  • Untility ideas include referral program, governance discussions, savings, and more
  • 18353% estimated staking APY
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB

$SHIBASHOOT is a new ERC-20 meme coin inspired by the Doge phenomenon. Embodying the spirit of Marshal Shiba, it strives to conquer the crypto frontier with various community incentives.

Recently launched on presale, $SHIBASHOOT is currently selling for $0.0188 per token. Early momentum is evident, with over $263K raised to date.

Shibashootout meme coin

$SHIBASHOOT offers staking with up to 5,230% APY (expected to decrease as the pool grows), along with the Posse Rewards program that incentivizes community building by rewarding members for referring friends.

HODLers also get voting rights, access to ‘campfire story sessions,’ and a chance to participate in the Lucky Lasso Lotteries.

$SHIBASHOOT token allocation reflects the project’s commitment to long-term success.

Tokenomics Features $SHIBASHOOT Tokenomics Data
Maximum Supply 2.2 billion
Total Staked 1.7 million
Estimated Staking Rewards 18,353% APY
Allocated for Marketing 20% (440 million)
Allocated for Presale 35% (770 million)
Allocated for Staking 20% (440 million)
Allocated for Liquidity 10% (220 million)
Allocated for Project Funds 10% (220 million)
Allocated for Rootin’ Tootin’ Shooter Fund 5% (110 million)

Read the Shiba Shootout whitepaper and join the project’s Telegram channel for more information.

9. ORACLE MEME ($OMEME) – Upcoming Meme Coin Offers Meme AI Generation

  • Supports the creation and sharing of memes through financial incentives
  • L2 network compatibility for low-cost transactions
  • Stake rewards for a potential APY of 107%
Project Launched
March 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • Matic
    Matic
  • USDT
    USDT
  • +1 more

ORACLE MEME ($OMEME) is an upcoming meme coin that promises to be the ‘ultimate destination for meme enthusiasts.’

The token will enter presale on May 27, 2024, so there’s still time to DYOR and learn more. Read its whitepaper for more information and follow them on X to stay up-to-date with the latest developments.

ORACLE MEME offers several core features:

  • Meme AI generator with AI-powered suggestions, customization options, and sharing capabilities
  • L2 network compatibility, leading to faster and lower-cost transactions
  • Wallet on mobile and browser
  • Launchpad for other meme coins

OMEME’s total supply is 50B tokens, with 20B allocated for presale (40%) and 10B for staking rewards (20%). This should ensure the project’s initial popularity and stability beyond the presale.

ORACLE MEME X post

$OMEME’s tokenomics 107% APY in staking rewards, ensuring steady income during the presale phase, and the developers promise more features in the future.

$OMEME has seven roadmap phases, and the second phase begins in 19 days with the presale. Phase three will see the CEX and DEX listing, and the upcoming stages will deliver the promised features (like the meme AI generator).

ORACLE MEME looks like a promising project with positive community sentiment, but we’ll see if its presale succeeds.

Token Info $OMEME
Presale Started May 27
Purchase Methods ETH, BNB, MATIC, USDT
Minimum Investment None
Maximum Investment None

10. Dogecoin ($DOGE) – The Original Meme Coin Trading at a 90% Bear Market Discount

While many meme coins are favored by short-term traders, $DOGE is considered a long-term project. $DOGE was launched in 2013 and is the original meme coin. It was created as a joke with no use cases or roadmap objectives. As such, the value of $DOGE remained minimal for many years.

But today, $DOGE is one of the largest cryptocurrencies by market capitalization. It also has one of the largest number of token holders in the cryptocurrency industry. It wasn’t until early 2021 that $DOGE truly blossomed. This was in the midst of the prior bull market, combined with Elon Musk’s regular tweets about the meme coin.

Elon Musk’s Twitter account talks about Dogecoin
Elon Musk’s Twitter account talks about Dogecoin

To illustrate its unprecedented growth, CoinMarketCap notes that Dogecoin was priced at $0.005 at the start of 2021. By mid-2021, $DOGE was trading at $0.74. That converts into gains of over 14,000%.

Right now, $DOGE is trading 90% below its former all-time high. This makes Dogecoin one of the best meme coins to buy for a potential long-term upside.

DOGE meme coin price trend
DOGE meme coin price trend

It’s worth noting that there’s no cap on $DOGE tokens in circulation, and each minute, miners can earn 10,000 tokens as block rewards. This leads to high inflation and a loss of value over time. Furthermore, the top 10 holders have almost 46% of $DOGE’s supply.

On the other hand, Elon Musk has hinted he plans to integrate $DOGE into the X app as a form of payment in the future. If this happens, we might see a new price spike.

Token Info $DOGE
Purchase Methods USDT, ETH, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

11. Shiba Inu ($SHIB) – One of the Most Successful Meme Coin Stories to Date

Shiba Inu was created in 2020 by an anonymous developer calling himself Ryoshi in his Medium blog. The developer’s primary objective was to replicate the investment returns generated by Dogecoin. Although $SHIB initially had no use cases, the project was able to create an unprecedented amount of hype and demand.

As a result, $SHIB secured a billion-dollar market capitalization in under 12 months of launching. In fact, at its bull market peak, $SHIB was valued at over $40 billion. This translates into growth of millions of percentage points for early investors.

Today, $SHIB is trading at what some call a huge bear market discount of almost 90%.

SHIB meme coin price trend
SHIB meme coin price trend

Over time, the Shiba Inu developer team introduced Shibarium, a layer-two blockchain running on top of Ethereum. It lowered gas fees and allowed holders to stake their tokens, adding to $SHIB’s appeal. Still, $SHIB development and price mainly depend on community backing rather than utility.

One of $SHIB’s standout qualities is its total supply of a tremendous one quadrillion tokens. Right after its launch, 50% of the tokens were locked in the Uniswap exchange, and another 50% were transferred to Vitalik Buterin, the creator of Ethereum.

This raised concerns about centralization in the crypto space, but Buterin then burned 40% of the total $SHIB token supply.

The community is bullish for SHIB
The community is bullish for SHIB

Right now, $SHIB has a market cap of over $14 billion, and its 24-hour trading volume exceeds $1 billion. Despite the major price dip, the Shiba Inu community remains bullish about the coin.

Token Info $SHIB
Purchase Methods USDT, ETH, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

12. RichQUACK ($QUACK) – 12% Sales Tax Shared With Token Holders for Passive Rewards

Launched in late 2021, RichQUACK is a meme coin based on Scrooge McDuck’s character. It’s 100% community-driven, and there’s not a single mention of its creators.

RichQUACK official X account
RichQUACK official X account

Unlike many other top meme coins, RichQUACK targets long-term investors. Its native token, $QUACK, carries a huge sales tax of 12%. This was installed to demotivate day traders from manipulating the market. Of the 12% tax collected from sellers, 4% is distributed fairly to $QUACK holders.

This way, investors earn passive rewards simply for HODLing. The remaining tax is allocated for liquidity, marketing, and project development.

But being a part of the RichQUACK community isn’t limited to holding and waiting — members can also participate in a lottery to test their luck and win some tokens.

RichQUACK has also developed an anti-whale mechanism. This restricts any single wallet from holding more than 1% of the total $QUACK supply. Additionally, $QUACK has a hyper-deflationary mechanism where 50% of the tokens in circulation are set to be burned.

RichQUACK meme coin price trend
RichQUACK meme coin price trend

With this approach, $QUACK managed to maintain its price very stable for two years, with no sharp spikes since 2022 yet no dips like those seen by meme coins like $DOGE.

Although $QUACK is unlikely to bring you 100X gains with this approach, its low volatility makes it stand out on the meme coin market. $QUACK may be worth your attention if you prefer investments with moderate risk but like the meme culture.

Token Info $QUACK
Purchase Methods USDT, BTC, Card
Chain Binance Smart Chain
Minimum Investment None
Maximum Investment None

13. Dogechain ($DC) – Bringing Smart Contracts and Web 3.0 Tools to the Dogecoin Ecosystem

Dogechain is a layer-two blockchain network running on Polygon’s technology. This means that Dogechain is EVM-compatible and allows developers to build dApps and NFT platforms with $DOGE as part of their economic system.

It’s worth noting that Dogechain is not officially affiliated with Dogecoin, but is a separate project. It strives to complement rather than replace Dogecoin, which is only used for payments.

Dogechain’s native token, $DC, gives its holders staking and governance incentives. You can also use $DC to pay for gas fees.

Because $DC is a community-driven initiative, 58% of its total 1-trillion token supply is allocated for airdrops, staking rewards, and community grants. The rest of the tokens are reserved for marketing and development programs within the Dogechain ecosystem.

DC meme coin price trend
DC meme coin price trend

$DC price has been dropping since its launch in 2022. However, due to the token’s utility, the Dogechain community believes it may experience price spikes in the future.

Community members may have a point, because the $DC price grew 43% since last month and 17% within the last 24 hours. While it’s still 16% down from last year, the upward trend is evident.

Token Info $DC
Purchase Methods USDT, ETH, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

14. Pepe ($PEPE) – The Fastest-Growing Meme Coin by Market Cap

Inspired by the famous frog, Pepe coin claims to be “here to make meme coins great again. Launched stealth with no presale, zero taxes, LP burnt and contract renounced, $PEPE is a coin for the people, forever.”

With its strong community of over 25,000 unique holders, $PEPE was among the most promising coins in 2023. Indeed, investors saw massive returns in March 2024, when $PEPE price surged to its all-time high of $0.00000997.

PEPE meme coin community
PEPE community stays strong

$PEPE is also one of the most highly traded cryptos to date. To provide some perspective, $DOGE took over three years to reach a market cap of $1 billion. In contrast, $PEPE reached this benchmark within weeks of its launch.

Despite $PEPE’s success, it has no real utility or a detailed roadmap. However, we have to admit Pepe’s plans are ambitious:

  • Phase 1: Meme
  • Phase 2: Vibe and HODL
  • Phase 3: Meme Takeover

The coin has a maximum supply of 420,690,000,000 tokens, of which 93.1% were allocated to a liquidity pool, and the remaining 6.9% to a multi-signature wallet.

PEPE meme coin price trend
PEPE meme coin price trend

$PEPE also has a deflationary mechanism where a small percentage of tokens is burnt with each transaction to create scarcity and increase the price of remaining tokens.

Token Info $PEPE
Purchase Methods USDT, ETH, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

15. Floki ($FLOKI) – Meme Coin with Real Utility

$FLOKI is one of the latest Shiba Inu-themed meme coins to emerge. It’s named after Elon Musk’s dog, Floki. $FLOKI is now listed on several major exchanges including Binance, OKX, Deepcoin, CoinW, and Bitrue, which adds to the trustworthiness of the project.

The team behind $FLOKI consists of crypto influencers and developers, among which are Byte Capital, Jackie Xu, and BPeta.

Floki Vikings, the official community behind the coin, counts over 4000,000 unique holders on BSC and Ethereum combined. Floki’s X account has over 530,000 followers to date.

Floki official X account
Floki official X account

Such popularity is easy to explain. $FLOKI may be a meme coin, but it’s doing some serious work as well. Developers rolled out a play-to-earn gaming metaverse Valhalla, named after the Norse home of the gods.

Additionally, the Floki team launched:

  • A set of DeFi tools called FlokiFi
  • An NFT marketplace called FlokiPlaces
  • An educational platform called the University of Floki
  • Floki prepaid cards that allow you to fund Visa and Mastercard with FLOKI tokens

It’s evident that $FLOKI focuses on utility as much as on fun. Apart from using $FLOKI as part of the dApp ecosystem, you can stake it and earn its sister-token TOKEN as a reward.

FLOKI meme coin price trend
FLOKI meme coin price trend

$FLOKI has a total supply of 1 trillion tokens, over 90% of which are now in circulation. In March 2024, the Floki team burnt 2% of the tokens to maintain the coin’s value. The same month, $FLOKI saw a price spike, reaching its all-time high of $0.0002964.

Token Info $FLOKI
Purchase Methods USDT, BTC, Card
Chain Binance Smart Chain
Minimum Investment None
Maximum Investment None

16. Dogelon Mars ($ELON) – One of the Earliest Meme Coins May See a Revival

Dogelon Mars appeared in 2021, during the initial meme coin craze. It’s also a character of a comic series listed for sale as NFTs. The project’s official purpose was to create an intergalactic currency for future space colonizers.

Like many meme coins, Dogelon’s native token, $ELON, didn’t have a specific use case at launch. You could buy it and sell it, but that’s the case with every digital currency. In 2023, developers introduced a staking mechanism.

Despite the limited use cases, $ELON’s community is strong with over 100,000 unique holders and over 466,000 followers on X.

Dogelon Mars official X account
Dogelon Mars official X account

The starting supply of $ELON was 1 quadrillion tokens. Developers sent half of these tokens to Vitalik Buterin, copying Shiba Inu’s stunt. Buterin then donated 43% of $ELON tokens to the Methuselah Foundation, a non-profit organization focused on extending human lifespan.

The other half is allocated for the liquidity pool on Uniswap. Dogelon Mars team then burned the liquidity provider tokens to demonstrate they weren’t going to commit a rug pull.

ELON meme coin price trend
ELON meme coin price trend

Although $ELON’s price was dropping throughout the last two years, it started to gain traction in 2024, which has raised hopes for a revival in the community.

Token Info $ELON
Purchase Methods ETH, USDT, Card
Chain Ethereum
Minimum Investment None
Maximum Investment None

17. Milady Meme Coin ($LADYS) – One of the Hottest Meme Coins RN, With 90% of the Community Bullish

Milady Meme Coin is a prime example of how quickly a meme coin can explode when it creates FOMO (fear of missing out) and has celebrity backing. After its launch, $LADYS price surged more than 5,250% within 24 hours following Elon Musk’s tweet.

Elon Musk tweeted about the Milady meme
Elon Musk tweeted about the Milady

$LADYS has no real utility other than as a means of exchanging and facilitating transactions. It has purely memetic value, which doesn’t stop $LADYS’ price from growing consistently with several huge spikes since its launch.

The spikes seem to be mainly influenced by demand-generating factors within the community, such as the Women’s Day celebration or the overall hype around meme coins. Either way, 90% of the community seems to be bullish about the coin.

LADYS meme coin price trend
LADYS meme coin price trend

$LADYS has a total supply of 888,000,888,000,888 tokens, 94% of which were sent to the liquidity pool. Later, these tokens were burnt.

Another 1% of the supply was distributed to $PEPE and Milady NFT holders, and the remaining 5% is used for future centralized exchange listings, bridges, and liquidity pools.

It’s worth noting that the $LADYS token is not officially affiliated with the Milady NFT collection.

Token Info $LADYS
Purchase Methods ETH, USDT, Card
Chain Ethereum
Minimum Investment None
Max Investment None

How We Review and Choose the Best Meme Coins

There are hundreds, if not thousands of meme coins flooding the market, so it’s hard to identify those worth investing in.

The first challenge is figuring out if you can trust the teams behind these coins. Because of the decentralized nature of crypto projects, it’s too easy to fall for a scam.

Another issue is finding solid info on the coin performance, so it’s hard to know what’s real and what’s just hype.

That’s why we have a specific process of reviewing and vetting the best meme coins. Here are the key factors we consider.

  • Origin: We vet the teams behind each coin and look into the project’s history. While it’s not always easy, knowing the people involved can tell whether the project is credible and has potential.
  • Community engagement: A supportive community is an indicator of a sustainable project rather than an overhyped fad. Most importantly, the community should maintain its interest for a long time.
  • Functionality: Meme coins may or may not have real-world applications. For example, you can use DOGE to pay online and MEME to trade NFTs, but some meme coins have no purpose other than creating short-term hype that benefits their creators. That said, some meme coins with no utility can still generate returns on investment.
  • Tokenomics: We research how the tokens are distributed, their inflation/deflation rate, burning mechanisms, and the overall economic model of the project. Additionally, we analyze the performance trends of each coin to understand whether the project is reliable.
  • Expert recommendations: Finally, we rely on the expertise of our team. Their collective knowledge and experience allow us to make informed recommendations.

To help you compare the top meme coins of the year, we created a tokenomics table.

Token Info Chain Total Supply Token Utility (Beyond Transactions) Burning Mechanism Exchange Listings
$DOGEVERSE Multichain 220 billion Staking No Currently on presale
$SEAL Solana TBD No No Currently on presale
$WAI Ethereum 69 billion Staking No Currently on presale
$SPONGEV2 Ethereum 150 billion Staking No Only available through staking SPONGE tokens
$SMOG Solana 1.4 billion Airdrop rewards, staking No Raydium, Uniswap
$KAI Ethereum TBD Staking No Currently on presale
$SLOTH Solana TBD No No DEXs
$SHIBASHOOT Ethereum 2.2 billion Staking and other community incentives No Currently on presale
$DOGE Ethereum Infinite Real-world payments No Binance, BitGet, OKX, Bybit, Coinbase, and more
$SHIB Ethereum 1 quadrillion Staking No Binance, BitGet, OKX, Bybit, Coinbase, and more
$QUACK Binance Smart Chain 100 quadrillion Staking, lottery rewards Yes BitMart, DigiFinex, gate.io, and more
$DC Ethereum (Polygon) 1 trillion Staking, governance, gas fee payments No DigiFinex, gate.io, Kucoin, BitMart, and more
$PEPE Ethereum 420,690,000,000 No Yes Binance, OKX, Bybit, Bitget, Kucoin, and more
$FLOKI Binance Smart Chain 1 trillion Payments within the Floki ecosystem, staking Binance, OKX, Deepcoin, CoinW, and more
$ELON Ethereum 1 quadrillion Staking Yes Uniswap, OKX, Kucoin, Bitget, and more
$LADYS Ethereum 888,000,888,000,888 No Yes KuCoin, Bybit, gate.io, Crypto.com

What Are Meme Coins?

Put simply, meme coins are cryptocurrencies that follow a popular meme or trend. For example, the original meme coin, Dogecoin, is based on the Shiba Inu dog breed. Similarly, while Pepe is based on Pepe the Frog, Sponge has taken inspiration from the SpongeBob SquarePants franchise.

Either way, many meme coins are usually created without any real use case. In turn, investors usually buy meme coins for fun and for speculative reasons.

The hope is that more and more people buy the respective meme coin, pushing up its market value. This can happen when a meme coin project has a huge community following and media attention.

Meme coins with the highest market cap
Meme coins with the highest market cap

For example, consider that when Shiba Inu was launched to the public in 2020, its primary objective was to become a ‘Dogecoin Killer‘. Nonetheless, investors bought SHIB tokens in their droves, giving Shiba Inu a market cap of over $1 billion in under 12 months. Crucially, this highlights that the meme coin market is both unpredictable and irrational.

Some of the most successful meme coin projects have no utility or real-world uses, but have gone on to generate huge returns nonetheless. While meme coins won’t appeal to risk-averse investors, an effective strategy is to diversify across multiple projects. After all, only one meme coin needs to explode to make the process worthwhile.

Are Meme Coins a Good Investment?

We don’t give financial advice, so you should do your due diligence before purchasing any meme coin. While we thoroughly analyze each coin’s background and performance the crypto market is unpredictable, so meme coins are a high-risk investment.

In this section, we discuss why meme crypto coins are increasingly becoming popular with speculative investors.

High Growth Potential

It goes without saying that people buy meme coins to make significant returns. The hope is that the chosen meme coin will replicate the successes of Dogecoin and Shiba Inu. After all, these meme coins have created life-changing returns for early investors. These are returns that would take the S&P 500 many centuries to replicate.

For example, Markets Insider notes that Shiba Inu had generated returns of over seven million percent at its peak in 2021. This means an investment of just $10 would have been worth $70 million. While investors have missed the boat on Shiba Inu, there are many alternatives to consider.

Low Token Price

A key characteristic of most meme coins is they have a low token price. While this doesn’t increase the market potential of the meme coin, it does appeal to investors who want to purchase a large number of tokens.

Easy to Diversify

We mentioned earlier that there are hundreds of meme coins, and more are entering the market every day. While this makes it difficult to know which meme coin to buy, this makes diversification a breeze.

For example, suppose an investor has $500 to invest in meme coins. Investing the entire amount in one meme coin wouldn’t be smart.

After all, if the meme coin is not successful, the investor will be left with worthless tokens. Instead, a more risk-averse approach would be to buy 10 different meme coins at $50 each.

If just one of the chosen meme coins explodes, this can still yield returns.

Bear Market Discounts

There are some notable discounts available in the current crypto winter. This includes many of the meme coins discussed today. For example, Dogecoin is trading 90% below its former all-time high.

Some investors believe that when the next bull market arrives, Dogecoin will return to its prior peak. If it does, that would require an upside of over 900% based on current prices.

Top Meme Coins 2024: The Bottom Line

New meme coins appear almost every day, so finding those worth purchasing is challenging.

While many meme coins have no utility and lose their value right after launch, some, like Dogecoin and Shiba Inu remain on the arena for years.

Others, like Dogeverse and WienerAI, present novel use features and cases, integrating the latest technology to bring real value to the crypto community.

Although some meme coins can bring you profit under the right circumstances, it’s important to do your own research and understand the full risks associated with such high-volatility investments. Don’t invest what you can’t afford to lose is the rule number one.

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The Tech Report - Editorial ProcessOur Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

Lora Pance Crypto & Tech Content Writer

Lora Pance Crypto & Tech Content Writer

Lora is a writer based in Ireland. Her background in finance and interest in technology helps her present complex concepts in an intelligible and fun way, which is especially useful when it comes to the world of cryptocurrency and blockchain technology.

Starting as an agency writer, she soon branched out to freelance and later launched a family-run digital marketing agency. 

In her spare time, Lora attends dance classes or immerses in reading, preferring technology news or postmodern literature.