The meme coin market is taking center stage in the cryptocurrency market, with several projects surging more than 100% in the past week and even more gains expected.
With that in mind, we’ve compiled a list of the best meme coins you can buy right now, taking into account price, hype, community, narrative, and more. Let’s dig in.
combat memes
Meme Kombat is a new GambleFi utility token cross meme coin that offers holders a variety of ways to earn cryptocurrency. The project is currently undergoing pre-sale to allow investors to participate from the beginning.
It has already raised more than $7 million, indicating tremendous community interest.
The platform allows users to bet on AI-generated battles between meme coin characters. It offers a variety of game modes and utilizes traditional probability mechanisms to create a realistic and engaging gambling experience.
Meme Kombat also hosts an augmented fighting arena where users can watch the fights up close and place bets. This offers a unique, gamified alternative to traditional cryptocurrency gambling, while benefiting from the same utility and high enjoyment.
Users gamble with their $MK tokens, providing a steady and predictable flow of demand that can help drive the price up. The platform also offers staking, allowing holders to compound their investments while increasing demand.
This innovative use case has sparked tremendous optimism from expert analysts, with Michael Wrubel recently speculating that it could be “the next 100x meme gaming token.”
However, after raising over $7 million with a hard cap of $10 million, the presale is selling out quickly, so those looking to purchase the Meme Kombat presale will need to act quickly.
maze
After pumping 46% today and 146% this week, Myro is making quite a name for itself in the meme coin market. The project recently ranked second on CoinMarketCap’s popularity list and recently surpassed BSC’s leading meme coin, Baby Doge Coin, by market capitalization.
Myro has had tremendous success recently, up 5,497% since November. At the current price of $0.2189, the project has a market capitalization of $205 million, making it the 229th largest cryptocurrency.
However, it ranked 67th with 24-hour trading volume of $98 million. This indicates that Myro is gaining significant momentum and has room for notable price growth.
Myro is the third largest meme coin on Solana after Bonk and Dogwifhat. Currently, Bonk has a market cap of $815 million and Dogwifhat has a market cap of $433 million.
This gives Myro notable room for growth, but is further strengthened by its utility advantages over other Solana meme coins.
For example, Myro has already launched a trading bot that allows users to quickly discover new tokens on the Solana blockchain. The website also outlines plans to implement new utilities, including staking and other features that meet the needs of the community.
Sponge V2
In the summer of 2023, amid the meme coin craze, Sponge, a humble knockoff of SpongeBob SquarePants, soared to a market capitalization of $100 million and delivered a 100x ROI for early investors.
Additionally, the project has amassed a list of over 10 major exchanges, 13,000 holders, and 30,000 social media followers within the first few days.
Sponge has also seen an impressive seven-fold growth since November as broader market conditions have improved. But the Sponge team is back to soak up bull market liquidity with its second version, Sponge V2.
The token comes with new utility in play-to-earn (P2E) racing games and strives for “bigger and better exchanges.”
Sponge V2’s P2E utility ensures that the token benefits from new demand streams, stabilizing prices and ensuring long-term sustainable growth.
Meanwhile, the team’s ambitions for larger exchanges and its track record could help get Sponge V2 listed on tier-one platforms like Binance or Coinbase.
YouTuber Crypto Gains recently speculated that Sponge V2 could be “100x like the first one.”
Sponge V2 is currently running a pre-launch buy and stake campaign, giving traders a second chance at 100x profits to start from scratch.
The campaign will run on the Sponge.vip website and your $SPONGEV2 purchases will be locked into a staking contract, earning you additional profits until the campaign ends.
Dog We Fat
Dogwifhat is another popular Solana meme coin. Currently, WIF is the second largest meme coin on Solana after Bonk. However, with a market capitalization of nearly half that of Bonk and growing bullish momentum, WIF looks set to outperform Solana’s top tier.
The price of this project is $0.4277, up 13.78% today, 82.15% this week, and 155.25% this month. With a market capitalization of $428 million, it is the 125th largest cryptocurrency.
Meanwhile, it ranked 47th with a 24-hour trading volume of $148 million. Like Myro, the market cap to volume ratio shows tremendous interest and increases the likelihood that the upward trend will continue.
Dogwifhat also created a new ATH this morning, putting it in price discovery mode and opening the door for the price to rise significantly.
Leading exchange Kucoin also recently listed Dogwifhat, giving the token more eyes and making it more accessible to novice investors. The move also amplified speculation about a potential Coinbase or Binance listing.
One of the key differences between Dogwifhat and Myro is that Dogwifhat is committed to traditional meme coin values. According to the website, Dogwifhat is “literally a dog wearing a hat.”
shiba inu
Investors looking for a lower-risk meme coin with a longer track record should consider Shiba Inu.
SHIB launched in August 2020, but reached the peak of its meme coin prosperity in 2021, hitting a market capitalization of $43 billion. At the current price of $0.000009432, SHIB has a market cap of $5.5 billion, down 89% from ATH. This provides almost 10x the space when recovered.
Shiba Inu prices fell 1.37% the day before, 8.53% this week, and 3.42% this month.
One of the interesting elements of Shiba Inu is that it is more than just a meme coin. The project hosts an ecosystem of decentralized products that provide utility to SHIB tokens.
For example, the project boasts a metaverse, an Ethereum layer 2 scaling solution called Shiabrium, a decentralized exchange, NFTs, decentralized governance, and more.
Another advantage of Shiba Inu is the Shib burn mechanism, which allows users and the Shiba Inu team to burn tokens to reduce circulating supply and strengthen existing token prices.
In December, 8.4 billion SHIB were burned due to Shibarium transaction fees.
Combining multiple utilities with deflationary token economics could make SHIB a strong contender in the upcoming bull market. That said, traders should keep in mind that there are still no signs of a reversal since the last bull market.
pepe
Pepe experienced a meteoric rise amid the deepening bear market in 2023, soaring to a market capitalization of $1.8 billion and achieving meme coin stardom. However, as early investors took profits, the price sold off, potentially creating a solid long-term entry point for new buyers.
The current price of Pepe is $0.000001186, down 3.06% today, 17.97% this week, and 9.35% this month. It is also down 72% from ATH.
Pepe has a market capitalization of $499 million, making it the 4th largest meme coin and 112th largest cryptocurrency by market capitalization. Meanwhile, 24-hour trading volume was $77 million, showing notable bullish momentum despite lackluster prices.
Besides Shiba Inu, Pepe is the leading meme coin on the Ethereum blockchain, leading many analysts to call the project a “leveraged play” for ETH.
Given the broad market conditions that continue to be strong and asset manager BlackRock’s strong interest in Ethereum, ETH could deliver significant growth, with huge profits for Pepe.
Pepe has been somewhat quiet since early 2024, but Binance recently announced a new campaign that allows users to earn profits by depositing Pepe tokens.
This move demonstrates Binance’s support for Pepe, which is very important considering Binance’s size and industry reputation.
Meme AI
Meme AI is a newly launched meme coin with unique AI utilities. The project allows users to create memes with AI assistance, offering an innovative use case that is already gaining significant traction.
The project rose more than 400% yesterday but was sold off. It remains to be seen whether it will recover, but its strong availability and early interest undoubtedly show strong potential.
Meme AI’s price is $0.002766, down 26% today but up 32% this week.
The project launched on Sunday and was quickly listed on the BitMart exchange, generating tremendous excitement and notable trading volume for such a new project.
Currently, Meme AI has a market capitalization of $2 million and a 24-hour trading volume of $2.3 million.
The low market cap opens the door to massive upside potential, with room for 70x to become a top 10 meme coin.
Meme AI’s website explains that it will help users “create, sell, and dominate unique NFTs in an exclusive marketplace.”
One of the advantages of Meme AI is its proximity to the AI and meme coin narrative, potentially providing more pumping opportunities.
However, like Shiba Inu, traders should remain aware of the potential for further declines given the recent sell-off.