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Meme coins are one of the most prominent trends to emerge in the crypto space. In simple terms, these digital tokens are cryptocurrencies that are built off of internet memes or ideas – often as a simple joke.
Nevertheless, some meme coins have blown up in value, gaining multi-billion dollar market caps.
In this guide, we will explore the best meme coins to buy in 2022.
Best Meme Coins to Invest in 2022
Those looking for the next big crypto investment opportunity might be interested in the best meme coins for 2022.
Below, we list the top 15 meme coins that have the potential to grow in value:
- Dash 2 Trade (D2T) – Overall Best Crypto Coin on Signals Platform
- RobotEra (TARO) – New Metaverse-Based Token Available on Presale
- IMPT – Eco-Friendly Coin Rewarding Carbon Footprint Reduction
- Calvaria (RIA) – Play to Earn Gaming Coin with High Bandwidth and Low Fees
- Tamadoge (TAMA) – Popular Meme Coin with Huge Trading Volume
- Toon Finance (TFT) – Best DeFi Meme Coin Investment in 2022
- Tora Inu (TORA) – Meme Coin with the Highest Growth Potential
- Battle Infinity (IBAT) – New NFT and P2E Platform With Meme Coin
- Dogecoin (DOGE) – The Original Meme Coin with High Upside Potential
- Shiba Inu (SHIB) – Meme Coin With Smart Contract Functionality
- Vita Inu (VINU) – World’s First Light-Speed Dog Coin
- MonaCoin (MONA) – Meme Coin Facilitating Peer-to-peer Transactions
- Dogelon Mars (ELON) – Meme Coin With Comic Books as NFTs
- Baby Doge Coin (BabyDoge)- Digital Token Created by the Doge Meme Community
- Samoyedcoin (SAMO) – Experimental Web3 Community Coin
Invest in Best Crypto Coin
In the following sections, we will examine each of these meme coins, covering all essential information. This will ensure that an informed investment decision is made.
15 Best Meme Coins to Buy in 2022 – Full Analysis
There are hundreds of meme coins competing in the crypto investment space. As such, it is no easy feat for investors to select the best meme coins to buy for their portfolio.
Regardless, it is important that investors educate themselves about crypto meme projects before making an investment.
Below, we have included our analysis of 15 popular meme coins that could perform well in 2022.
1. Dash 2 Trade (D2T) – Overall Best Crypto Coin on Signals Platform
Dash 2 Trade is not a meme coin but has shown it has meme coin potential for gains after becoming an investor favorite during its presale.
The first stage of the presale sold out swiftly, raising $500,000 within 24 hours and the project has now raised around $6.5 million in just three weeks.
Now that Dash 2 Trade is in the third stage of the presale, investors can buy the coin for $0.0513 before its value increases throughout the remainder of the stages. Once D2T’s presale concludes, the token will appreciate by 39% from the launch price.
This platform was designed to help investors become more profitable with trading and ne way it has accomplished that is by sending buy/sell opportunities.
Investors also receive alerts about new crypto launches and coins listed on exchanges. Dash 2 Trade scores presales after manually reviewing them to help investors determine legitimacy.
Other tools investors can use are strategy builder and backtester. They enable traders to test out strategies in environments that emulate real market conditions to determine the most profitable ones. Investors can incorporate the automated trading tool from Dash 2 Trade.
The Dash 2 Trade whitepaper details two subscription packages, alongside a free tier with limited access:
- Starter: Provides investors with on-chain analytics, market sentiment and access to a members-only Discord channel, to name a few. The cost of this package is 400 D2T per month.
- Premium: Enables access to all the features such as trading competitions, monitoring of whale wallets and live streams. The premium package is 1,000 D2T per month.
Information about the D2T tokens and the platform are also sent out via the Dash 2 Trade Telegram channel.
The best time to buy coins is during their presale and we’ve rated D2T as the best crypto presale of 2022.
Investors can buy Dash 2 Trade tokens for $0.0513 while they’re still in the third stage.
|Presale Started||October 19|
|Purchase Methods||ETH, USDT, Transak|
|Min Investment||1,000 D2T|
Buy D2T Tokens
2. RobotEra (TARO) – New Metaverse-Based Token Available on Presale
The next top token on our list is TARO – the native cryptocurrency of RobotEra’s shared multiverse-like metaverse.
Again, RobotEra is not a meme coin but instead, one with huge potential as the project is currently in its early presale phase, available for a low price with the ecosystem offering players numerous ways to generate active and passive income.
RobotEra players have the opportunity to buy and sell various NFT assets, purchase virtual real estate, develop and monetize metaverse plots of land and join a decentralized body to implement decisions for the platform.
Still in its first presale round, TARO is currently available to purchase for the lowest price possible. This crypto token allows players to buy Robots, which are NFT avatars that exist within the Taro Planet.
The Taro Planet is RobotEra’s metaverse and features 7 continents on which the Robot NFTs exist and the game can be monetized and offer players rewards in a variety of ways.
That can come through mining the land for rewards, taking part in quests and events, hosting events and charging admission, selling billboard space to advertisers or creating new robot NFTs and customizing them before selling on the open market.
The TARO token also offers annual yield-earning opportunities through staking the token, while the RobotEra whitepaper also mentions plans to create a decentralized autonomous organization (DAO) -members will be allowed to gain voting rights within the DAO by staking TARO.
Unlike other meme tokens like Dogecoin, which offer an endless token supply – TARO has a fixed supply of 1.8 billion tokens with 270 million of the tokens (15%) allocated across three presale rounds.
The current price of TARO is $0.02 during stage one, with the price to rise to $0.025 and then $0.032 in stages two and three. RobotEra aims to raise $6.93 million throughout the presale and presale tokens will have no vesting period.
RobotEra is an LBank Labs project with doxxed and KYC-verified developers, while the token’s smart contract has been audited. Interested readers can join the Telegram channel to keep up with the latest developments.
|Presale Started||November 2022|
|Purchase Methods||ETH, USDT|
|Min Investment||1,000 TARO|
Buy $TARO Tokens
3. IMPT – Eco-Friendly Coin Rewarding Carbon Footprint Reduction
Investors value projects that are concerned about the environment, and IMPT rewards such individuals with investors rushing to buy into the project and raising $13 million since launch.
The first stage sold out four weeks ahead of schedule and investors not wanting to pay higher prices than $0.023 should buy IMPT tokens now.
This is another appreciating asset that increases in value as it enters the different stages of its presale, with stage 3 to sell IMPT tokens for $0.032.
What makes IMPT different from most platforms is that it rewards investors with IMPT tokens for shopping with its retail partners.
In return, the retailers will donate to environmentally-conscious causes. But investors and businesses can do their part to reduce their carbon footprint.
The platform’s social feature tracks each user’s environmental impact and rewards points to users that make a positive contribution. IMPT rewards higher points to users that retire their carbon credits to offset their carbon footprint.
The IMPT whitepaper also states that businesses receive points for integrating this platform into their operations.
IMPT tokens are converted into carbon credits. Investors can choose to retire them or mint them into NFTs, which can be sold. The project keeps investors up to date via the IMPT Telegram channel.
Investors shouldn’t wait for the next Telegram alert to find out that the second stage is sold out.
|End Date||January 31 (stage 2)|
|Vesting||Unlock Token Generation Event|
|Team||Denis Creighton (CEO), Mike English (CTO), Hugh Phelan (CLO)|
Buy IMPT Tokens
4. Calvaria (RIA) – Play to Earn Gaming Coin with High Bandwidth and Low Fees
Calvaria rewards victorious and highly-active players with two tokens: $eRIA and $RIA. Currently, $RIA tokens are on presale, and investors wanting low-priced assets should act now.
The presale has already raised close to $2 million and is now in stage 4, with tokens on sale for $0.025 – by the tenth and final stage, RIA will sell for $0.055, a 120% price increase from now.
Since Calvaria has already partnered with Kucoin and Gate.io, $RIA tokens will be listed on exchanges after the presale ends.
Calvaria chose to build its ecosystem on Polygon’s network to avoid scaling issues. As a result, this play to earn game provides high bandwidth and low fees.
It provides true resource ownership because it allows assets to be sold on secondary markets and used in third-party decentralized applications.
The two native tokens are also used for in-game purchases. Players defeat opponents in this battle card game by strengthening their decks. Each card represents a character that possesses unique abilities.
Players can combine cards of the same strength to buy higher-level cards. The game rewards players also with unique cards and power-ups.
$RIA token investors can participate in voting to decide vital aspects of the ecosystem to determine its future. Both of the coins are tradeable on exchanges and have a 0% sales tax, according to the Calvaria whitepaper.
Calvaria enables investors to stake their coins to receive daily rewards. Investors can also stay up to date with the coin’s latest developments by subscribing to the Calvaria Telegram channel.
To get the highest returns on $RIA tokens, investors should buy them while they’re priced low.
Calvaria Presale Overview
Total Supply: 1 Billion RIA
Presale: 300 Million RIA
|Stage 1||1 USDT = 100 RIA||Price: $0.01|
|Stage 2||1 USDT = 66.67 RIA||Price: $0.015|
|Stage 3||1 USDT = 50 RIA||Price: $0.02|
|Stage 4||1 USDT = 40 RIA||Price: $0.025|
|Stage 5||1 USDT = 33.33 RIA||Price: $0.03|
|Stage 6||1 USDT = 28.57 RIA||Price: $0.035|
|Stage 7||1 USDT = 25 RIA||Price: $0.04|
|Stage 8||1 USDT = 22.22 RIA||Price: $0.045|
|Stage 9||1 USDT = 20 RIA||Price: $0.05|
|Stage 10||1 USDT = 18.18 RIA||Price: $0.055|
Buy $RIA Tokens
5. Tamadoge – Popular Meme Coin with Huge Trading Volume
Tamadoge is one of the best new meme coins to hit the crypto market in 2022 and has pumped in price since its initial exchange offering (IEO) on OKX.
Unlike the majority of meme coins out there, Tamadoge is not without utility. TAMA is the native token of the Tamadoge ecosystem, which is made up of play-to-earn games and NFTs.
The project takes inspiration from Dogecoin, with each of its NFTs representing a unique dog pet. To get started, players will have to purchase and mint a Tamadoge NFT and other in-game assets.
This is where TAMA tokens come in – to function as the transactional coin of the ecosystem. For players, the goal is to keep their Tamadoge alive or risk becoming a Tamaghost themselves.
This means that players have to breed and feed their Tamadoge and, moreover, battle them against other users. Those with the highest points are offered rewards in the form of TAMA tokens by the end of every month.
The project is also blended with a metaverse concept and plans to add augmented reality to its gameplay. As such, Tamadoge has the power to attract not only investors but also avid gamers.
Although the project was only launched in July 2022, Tamadoge sold out its presale in less than eight weeks, raising $19 million, before pumping nearly 2,000% from its presale price during its IEO on OKX.
TAMA has since retraced amid the wider crypto chaos, but with the development of the project ongoing and an augmented reality app coming in 2023, Tamadoge appears to be an extremely good long-term crypto project to invest in.
All news on the project will be found first on the official Telegram or Twitter pages.
Buy TAMA on OKX
Buy TAMA on OKX DEX
6. Toon Finance – Best DeFi Meme Coin Investment in 2022
Toon Finance is another interesting meme coin to buy in 2022. The project is centered around a DEX, designed by an experienced team of market leaders and blockchain developers.
Their goal is to “fix the externality that surrounds the P2E gaming demand by ensuring a P2E metaverse backed by SHA256 encryption”. It is founded and funded by a leading angel investor.
Toon Finance taps into the growing decentralized finance community to introduce innovative applications that feature enhanced transparency and trustlessness. Here, you can trade NFTs, exchange cryptocurrencies, and bridge blockchains — all in one place. In future versions, you will be able to join Space Battle Grounds or go on an advance with your friends in the Toon Finance P2E lobby.
Space Battle Grounds is a gaming platform where you can play with other users and climb the leaderboards. If you’re lucky, you will win airdrops in the process. Users who join the Toon Finance Space Battle Grounds will also get an exclusive NFT Mint Pass Airdrop.
Rather than reinventing the wheel, Toon Finance sheds light on how DeFi stacks up against traditional and centralized financial services through a DEX purely built on the voice of the community. It will feature an advanced transactional accountability system, not just for DeFi users, but also for the crypto community as a whole.
The completely anonymous worldwide team, headed by a leading angel investor, consists of multidisciplinary experts and solidity developers who want to kindle a new DeFi revolution. The fact that the project has been listed and verified on CoinMarketCap and Crypto.com (for the presale ICO list), removes concerns about the credibility of the project. Moreover, the smart contract is completely audited. It will be followed by more audits and reviews selected by the community voting standard.
What we like
- Anonymous team & decentralized voting
- P2E & PVP Experience
- NFT & Token Pair Utility
- Leaderboards for PVP
- Noncustodial wallet
What we don’t like
- More Complex UI compared to CEXs
- Demanding learning curve
For the latest updates, join Toon Finance on Twitter and Telegram.
Visit Toon Finance Tokens
7. Tora Inu – Meme Coin with the Highest Growth Potential
Meme coins with long-term relevance are hard to come by, despite their massive community support. This is where Tora Inu stands apart. The latest crypto craze combines the meme coin and play-to-earn concepts to launch one of the most creative projects of this year.
Tora Inu’s long-term growth is underpinned by its utility-rich roadmap that features an array of NFT, play-to-earn, and metaverse integrations. Upcoming milestones from Tora Inu include the launch of a core skill-based play-to-earn game, additional mini-games with NFT integrations, lottery mini-games, and an NFT marketplace. The key defining feature of the play-to-earn ecosystem is its focus on gaming performance more than the initial capital investment.
Apart from the play-to-earn mechanisms, Tora Inu ensures sustainable growth through a three-pillared system:
- The first of these is Tora Inu’s deflationary tokenomics which grows the value of TORA over time, taking advantage of a supply squeeze.
- Long-term TORA investors can stake their tokens in the ecosystem in exchange for attractive interest.
- Tora Inu’s creative marketing campaigns further assist its meme coin mission. It boasts a wide network of partners that gives it a strong foothold in the industry. If rumors are to be believed, TORA has already secured high-profile CEX listings, which will make its public launch smoother.
Tora Inu’s ongoing presale is sprinting towards an early sell-out, thanks to the fast-growing TORA communities on Twitter and Telegram. Given that the token is predicted to climb 50X in the first quarter of 2023 upon public launch, the presale offers the most profitable way into the project.
TORA is expected to make the billion-dollar club by the first half of next year. If the roadmap unfolds as planned, a 100X growth from the presale price is a realistic forecast for TORA.
Tora Inu is currently running a giveaway worth $25,000 for presale participants on Gleam.
Buy Tora Inu (TORA)
8. Battle Infinity – New NFT and P2E Platform With Meme Coin
Battle Infinity is a blockchain-based NFT platform that enjoyed one of the best crypto ICOs of 2022.
It features play-to-earn (P2E) games that can be accessed via almost any modern browser. There are a total of six P2E games available on Battle Arena, the metaverse ecosystem of this project.
This includes the IBAT Premier League, the world’s first NFT-based sports fantasy league. The project also features a meme coin that doubles up as the utility token of the platform.
As with most other P2E platforms, Battle Infinity allows its players to take ownership of any in-game assets earned.
These NFTs can be bought using IBAT tokens. Battle Infinity supports the staking of IBAT coins by depositing and locking them up for a period of time. This allows investors to generate passive income just by holding IBAT tokens.
The IBAT token was launched through a presale in the second quarter of 2022 and is one of the best cryptocurrencies to buy now it’s now available on decentralized exchange PancakeSwap and CEX LBank – with more listings expected in the near future.
Visit Battle Infinity
9. Dogecoin – The Original Meme Coin
Dogecoin holds the title of being the ‘original’ meme coin. Created in 2013, Dogecoin was branded around ‘Doge,’ a Japanese dog breed named Shiba Inu. According to its founders, the coin was created as a joke, making fun of the frenzy surrounding cryptocurrencies at the time.
Ironically, Dogecoin went on to become one of the most successful cryptocurrencies ever created. The token did not see any notable price action in its first few years, but by the end of 2020, Dogecoin quickly rose in popularity, fueled by the Reddit army.
In 2021, along with the rest of the crypto market, the price of Dogecoin rocketed. The digital token hit an all-time high of $0.73 on May 08, 2021. But is Dogecoin still a good investment in 2022?
But since then, the price of Dogecoin has gone through extreme volatility with many investors asking is it too late to buy Dogecoin in 2022? Nonetheless, this cryptocurrency continues to be recognized as the most famous meme coin. In addition to this, the coin has also inspired a wide range of other meme tokens – which include Tamadoge and Shiba Inu.
Furthermore, Dogecoin is also widely accepted by online merchants across the world. At the time of writing, Dogecoin is trading at around $0.06 per token. The token can be purchased from popular online brokers and exchanges and we have a full guide on how to buy DOGE.
Buy Dogecoin on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
10. Shiba Inu – Meme Coin With Smart Contract Functionality
Following the success of Dogecoin, many other meme coins have performed well in the crypto market. At the forefront of this is Shiba Inu – a digital token that managed to succeed in mimicking the popularity of Dogecoin.
This digital token was created in 2020 and has the Japanese hunting dog Shiba Inu as its Mascot. The digital token is built on top of the Ethereum network, and as such, it can operate alongside smart contracts.
Is Shiba Inu a good investment? This is one of the reasons why many view Shiba Inu as a more attractive investment when compared to Dogecoin, its biggest competitor. On top of this, Shiba Inu is also compatible with a robust network of DeFi services and is available on numerous exchanges and social trading platforms, like eToro.
These attributes allow the token to be easily integrated into other crypto ecosystems. When Shiba Inu was released, the digital token was priced at $0.00000000051. The token’s value spiked in October 2021, reaching an all-time high of $0.00008 – translating to an increase of over 15,000,000%. So is it too late to buy Shiba Inu?
That being said, Shiba Inu is still trading for a tiny fraction of a cent. At the time of writing, a single Shiba Inu token is priced at around $0.000012. In other words, with just $100, investors can get over 8 million Shiba Inu tokens with the best crypto apps like eToro.
Buy Shiba Inu on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
11. Vita Inu – World’s First Light-Speed Dog Coin
Like Tamadoge, the team behind Vita Inu is also focusing on adding utilities to its native token. The Vite DAG network claims to be the world’s first fast and feeless dog-themed platform. Created in 2021, the VINU ecosystem comes with high TPS as well as smart contract functionality.
The team is also working to build a full-scale crypto world within the VINU ecosystem. This will comprise mini-games, crypto payment integration, and custom NFTs. In other words, VINU has plenty of room to grow.
The Vita Inu Coin, also known as VINU, is the governance token of this ecosystem. There is a limited supply of one quadrillion Vita Inu tokens, out of which 100 trillion is set aside for burning at regular intervals. This strategy can help the coin grow in value, given that investor demand also rises over the years.
However, when looking at the token’s price action – it is clear Vita Inu has gone through considerable volatility over the past year and is something to keep in mind when buying altcoins.
12. Dogelon Mars – Meme Coin With Comic Books as NFTs
Dogelon Mars is yet another meme token that follows a doge theme. The team behind the project has touted ‘Dogelon Mars’ as a character on its venture to space. There is even a line of comics that features this character, which can also be purchased as NFTs.
However, in simpler terms, Dogelon Mars is viewed to be influenced by Elon Musk’s plan to colonize Mars. And what’s more, the native token of the platform is called ELON.
Dogelon Mars was first launched in early 2021, and within the months to follow, the token saw its price go up by over 120%. However, its value plunged by June of the same year to below-ICO price levels.
By November 2021, the price of Dogelon Mars had hit its all-time high. The value of the token has gradually decreased since then. If the overall crypto market improves, there is a chance that the price of Dogelon Mars can also follow suit.
The biggest strength of this project is community support. That being said, Dogelon Mars, despite its popularity, does not have any utility whatsoever – which is something to be considered before making an investment.
13. MonaCoin – Meme Coin Facilitating Peer-to-peer Transactions
MonaCoin is one of the oldest meme coins in this space, with the project launched back in 2013. The digital token is based on a Japanese ASCII art character that looks like a cat. While this makes it a meme coin, there is one aspect that sets MonaCoin apart from the competition.
Unlike most of its peers, MonaCoin is a unit of trade in Japan, where it was created. In fact, MonaCoin can be bought using Japanese yen via smart ATMs in the country. The coin is widely accepted across stores and by online merchants in Japan.
MonaCoin is also approved by the Japanese Financial Service Agency, adding to the credibility of the token. However, this cryptocurrency is as volatile as other meme coins out there.
MonaCoin hit an all-time high of $16.45 back in 2017. Since then, its value has dropped significantly.
14. Baby Doge Coin – Digital Token Created by the Doge Meme Community
Baby Doge Coin is one of many meme tokens that was launched in 2021. Needless to say, this cryptocurrency touts itself as the successor of Dogecoin. However, the team also aims to spread awareness about dogs and donate money to animal charities.
This meme coin has gone through extreme volatility in the market. Immediately after its launch, the price of Baby Doge Coin shot up by over 900,000%. But, within the next couple of days, the price dropped by over 90%.
Through the last quarter of 2021 and the first few months of 2022, the price of Baby Doge Coin went through many volatile swings. The crucial point to remember is that there is nothing that makes Baby Doge Coin unique from other meme cryptos.
Instead, the price of this coin went up due to its close association with Dogecoin as well as a strong social media marketing campaign. Consequently, there is no way to predict how the coin will move in the future.
15. Samoyedcoin – Experimental Web3 Community Coin
Samoyedcoin dedicates its creation to Solana‘s co-founder Anatoly Yakovenko and crypto mogul Sam Bankman-Fried. The main purpose of the Samoyedcoin project is to accelerate the adoption, development, and growth of the Solana network.
The platform also boasts high transaction speed and low fees. Although originally focused on its meme coin, Samoyedcoin has evolved over time to add other Web3 attributes to its ecosystem. Today, it also features an NFT collection, which can be purchased via Solanaart.
The platform also plans to add more utilities for its token and NFTs. However, at the time of writing, it remains a meme coin with nothing unique to offer. Nevertheless, Samoyedcoin has managed to build a strong community, which might help to increase its price in the future.
What is a Meme Coin?
Put simply, meme coins are digital tokens that become popular due to their association with online trends. Initially, meme coins were produced as a lighthearted joke, which was heavily influenced by internet ideas.
And due to the nature of meme coins, they generally do not have any specific utility. Instead, the price of these meme coins is often influenced by social media, discussions on online forums, and even celebrity endorsements.
As we noted above, Dogecoin was the first digital token to call itself a ‘meme coin.’ Following the success of dog-themed Dogecoin, an explosion of meme coins began to appear in the crypto market.
Some of these, such as Shiba Inu and Dogelon Mars, are well-known among crypto investors and can be easily accessed on the best P2P crypto exchanges.
On the other hand, there are many meme coins that have resulted in investors losing their money. For this reason, investing in meme coins comes with outsized risks as there is no way to predict how the market will move – even in the short-term.
Should I Invest in Meme Coins?
As is evident from our list of meme coins, only a handful of these tokens come with unique value propositions. This makes it even more challenging to figure out the best meme coins to buy.
In the following sections, we will discuss why investors might want to consider meme coins.
Meme Coins Could Produce High Profits
As we have established, the majority of meme coins do not have any actual utility, unlike many of the top penny cryptos we have analyzed. Nevertheless, historically, a few of these tokens have produced some of the biggest moves seen in the crypto market.
For example, in 2021, Dogecoin saw its price go from around $0.009 to $0.68 – translating to gains of over 7,000%.
These extreme price shifts often happen due to the interest generated by supporting online communities. That being said, the price can also drop to extreme levels – when the frenzy and demand wanes.
After reaching its all-time high in 2021, the price of Dogecoin dropped to around $0.17 by the end of 2021. This is why investors have to be extremely careful when risking their money on meme coins.
Meme Coins Can Offer Utility
Not all meme coins are based on the latest internet trends. Instead, some of the new crypto meme projects discussed today are also adding utilities to their ecosystem.
For instance, take the case of Shiba Inu. This meme coin also integrates with smart contracts, which opens up a lot of possibilities.
Similarly, Tamadoge is another meme coin that has managed to add Web3 and P2E features to its platform. Therefore, when looking for the best meme coins for 2022, investors no longer have to base their decisions on wild speculations.
Rather, they can consider the top meme coins available in the market that offer utility. This way, it will be easier to identify coins that have the potential to grow in the future.
Strong Community Backing
When searching for the best meme coins to invest in, investors should attempt to find those with a large community support. As we have pointed out, the community can play a significant role in influencing the price action of a meme coin.
Individuals in the community can help spread the news of the coin, encourage others to invest, or make a token go viral. As such, social media platforms and online forums such as Reddit are good places to spot meme coins that might explode.
All that being said, there is no guarantee that a meme coin will increase in value exclusively due to its community backing.
While there are one or two exceptions, it is a highly risky move to invest in a meme coin just because the project has a lot of followers on social media.
Risks of Investing in Meme Coins
As a whole, cryptocurrency is a largely speculative asset class. Due to the lack of regulation and extraordinary volatility, cryptocurrencies carry a lot of risks. And in the case of meme coins, the stakes are even higher.
The majority of meme coins out there lack any real utilities, with only a few exceptions. As such, the value of these digital tokens is often based entirely on the frenzy fueled by social media platforms.
In addition to this, many meme coin projects have also turned out to be rug pulls. For those unaware, rug pulls are ventures where crypto developers abandon a project and run away with investors’ funds.
As such, investors should be extremely careful when looking for the best meme coins to buy for their portfolio.
If investors manage to buy and sell at the right time, they might be able to make money from meme crypto coins.
The best strategy would be to focus on cryptocurrencies that have strong fundamentals that are likely to stand the test of time.
What Influences the Price of a Meme Coin?
As with any other investment, the price of cryptocurrencies is also influenced by the supply and demand in the market.
However, in the case of meme coins, the factors that affect the general market sentiment are slightly different.
For instance, since many meme coins do not have any particular utility, the market performance of these tokens is often dictated by speculation.
To determine the best meme coins to buy, investors should look into its community as well as the influencers associated with the respective token.
Needless to say, popular influencers and a strong community can be viewed as positive indicators.
Sometimes, discussions on online forums can lead to a meme coin going viral. When this happens, the community grows, interest piques, demand rises, and the price of the coin may go up.
Similarly, even a tweet can have an effect on the performance of a meme coin.
If we take the case of Dogecoin – its pricing swings often go hand-in-hand with the tweets or actions of Elon Musk.
In December 2021, Musk tweeted that Tesla would accept Dogecoin as a payment method.
Following this, the price of Dogecoin increased significantly.
However, soon after the buzz from the tweets dies down, the price also falls.
In fact, an investor has even filed a lawsuit against Musk for influencing the price of Dogecoin.
All in all, if one thing is clear, it is that meme coins are notoriously volatile. One way to mitigate the risk is to get educated about the project and to diversify across multiple cryptocurrencies.
How to Invest in the Best Meme Coin
When searching for the best meme coins to buy, the most important factor is to get the timing right.
Early investors of Dogecoin who managed to HODL the tokens until 2021 would have managed to generate a significant profit – given that they sold the tokens at the right time.
Put otherwise, it might be a good idea to consider some of the newest meme coins when they are selling at a low entry price.
Presale projects also offer room for growth and Dash 2 Trade – although not a meme coin – looks set to offer meme coin returns given its huge potential and early interest in the project.
Visit Dash 2 Trade Presale
In this guide, we have discussed a list of meme coins that have the potential to grow in the future. We have also covered the benefits of buying meme coins and what risks to consider before making an investment.
Investors seeking the best crypto investment will want to get in on D2T tokens while they’re still in the early-round presale stages. Besides owning an appreciating asset, investors can access Dash 2 Trade’s signals and analytics platform.
Another top meme cryptocurrency is TARO, the native token of RobotEra. TARO is priced at $0.02 during its first presale round and will increase to $0.032 by the final presale stage – an increase of 60%.
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What is a meme coin?
Meme coins are digital tokens that are usually designed around a popular internet trend or an idea. These might pay homage to a meme or a celebrity. For instance, Dogecoin is inspired by the dog Shiba Inu.
What are the top 10 meme coins to buy right now?
The best meme coins to buy right now include Tamadoge, Battle Infinity, Dogecoin, Shiba Inu, Vita Inu, MonaCoin, Dogelon Mars, Baby Doge Coin, Samoyedcoin, and Hoge Finance. Bear in mind that this list is based on the market trends at the time of writing. So, when choosing the best meme coins to buy, investors should always conduct independent research.
What meme coin should I buy in 2022?
Those looking for the best meme coins to buy in 2022 should look for new tokens that are emerging in the market. Tamadoge, a new meme coin, also integrates a metaverse game with NFTs. This makes the token a meme coin with utility – which might make it an attractive choice for investors.
How do you invest in meme coins?
The most popular meme coins can be purchased via online crypto brokers and exchanges. Newly launched crypto projects also allow investors to buy their meme coins directly via a direct presale launch.
What is the best way to find new meme coins to buy?
One of the best ways to find new meme coins is by consulting social media platforms and crypto subreddits. This is where community discussions regarding the best investment opportunities often take place. Investors can also check out crypto aggregators such as CoinMarketCap to find out when new meme tokens are launching in the market.