In an era nuanced by a heated inclination for AI matters, meme coins like AiDoge are shooting for the stars, recording massive successes for an industry plagued with layoffs, bankruptcy, and vulnerability.
While the world has been busy with the meltdown of famous crypto institutions, AI has taken center stage. Its eventual launch in January dropped like a bomb, so reverberating that it drew the world’s attention from the crypto industry.
Following the drop in attention invested in the crypto industry, whispers suggested that cryptocurrency is about to reach the bottom of the barrel, which loosely translates to bowing into extinction and remaining irrelevant to the chart of the modern Gen Z world. Interestingly, this does not seem to be the present narrative, as several meme coins have begun to improve the momentum around the crypto ecosystem. For instance, PEPE, which launched in April, has achieved incredible success amidst the isolation suffered by the crypto space.
Memecoins are one of the most interesting outlets in the cryptocurrency ecosystem. They are cryptocurrencies created out of imitations of memes or jokes on social media and the internet. Though they are regarded as risky investments, their recent achievements in the crypto space have been nothing short of bewildering and flabbergasting.
In recent times, there has been an ensuing memecoin bull run inspired by PEPE. Since the PEPE token was launched this year by an unidentified group of developers, the token has risen to unimaginable heights. Per reports by Messari, a crypto research group, memecoin’s recorded blockchain holders surpassed 100,000 just 22 days after its launch. This metric outpaced that of several other prominent memecoins, like Shiba Inu.
The following below are some of the best meme coins to invest in as the year glides through:
- AiDoge (AI) – Overall Best New Coin Combining AI and Memes
- Wall Street Memes (WSM) – Fastest Growing Memecoin to Raise Over $2 Million
- Shiba Inu (SHIB) – Exciting Memecoin that is challenging Dogecoin for the top spot
- Dogecoin (DOGE) – Original and Largest Memecoin with a Notable Marketcap
- Pepe Coin (PEPE) – The Most Memable Memecoin
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AiDoge (AI) – Overall Best New Coin Combining AI and Memes
AiDoge, an AI-driven meme-generating crypto startup, generated over $14 million in presale. Currently, the presale is over, but there is still a chance to buy it before it goes live on exchanges, and the clock is ticking for potential investors looking to grab their stake at the lowest possible price.
The initiative, the first to establish a meme-to-earn (M2E) environment, has captured the crypto community’s attention, and the pace of fundraising has picked has even picked up the more now that the presale has ended. AiDoge took the stakes higher by introducing a voting mechanism to allow users to upvote or downvote memes on the Meme Feed which would determine which memes would stand the test of time.
This is definitely a coin you should add to your crypto wallet.
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Wall Street Memes (WSM) – Fastest Growing Memecoin to Raise Over $2 Million
Wall Street Memes is one the fastest growing memecoins in the cryptocurrency market. The project, which was launched in May, has got everyone talking. Wall Street Memes was built upon the ashes of the Gamestop saga, where a group of investors are set to rewrite the rules of finance by standing against the mighty giants of Wall Street with the only powerful weapon they know, “Memes”.
Currently, the project has raised over $2 million, and it is well on its way to raising more. The good news is that WSM is still on presale, and investors can purchase it for $0.0262.
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Shiba Inu (SHIB) – Exciting Memecoin that is challenging Dogecoin for the top spot
One of the hottest memecoins in the crypto space is Shiba Inu. Launched in August 2020, it is the brainchild of a pseudonymous developer known as Ryoshi. Per the words of Ryoshi, Shiba Inu is a crypto project that is particularly an experiment based on community governance and decentralization. In the early days of its launch, it was regarded as the “Dogecoin Killer.”
Not until 2021, February particularly did it begin to notice price movement in the market. Later in October that same year, it had risen so much alot of crypto enthusiast and investor spoke highly of it.
The current Shiba Inu price is $0.000009 USD, and the 24-hour trading volume is $102,788,680 USD. CoinMarketCap now ranks it as fifteenth, with a live market cap of $5,032,537,413 USD. The circulation supply is 589,353,678,695,772 SHIB coins, and the maximum supply is not known. The dog-themed memecoin is one of the best tokens you can add to your crypto wallet as an investor.
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Dogecoin (DOGE) – Original and Largest Memecoin with a Notable Marketcap
Launched in 2013, Dogecoin is a sort of lampoon of Bitcoin, piqued by the image of a Shiba Inu dog. Historically, it was the first ever meme coin. No one foresaw its emergence as one of the best cryptos to invest in for a massive ROI (return on investment).
For the uninitiated, Twitter CEO Elon Musk fueled the rise of Dogecoin and he is often regarded by many crypto enthusiasts as the father of Dogecoin. Recently, he reaffirmed hus love for Dogecoin (DOGE), stating that it is his favorite crypto due to the humor and dogs. Dogecoin has a market cap of more than $11 billion.
Dogecoin’s current price is $0.070969 USD, with a 24-hour trading volume of $239,206,130 USD. It is now ranked #8 on CoinMarketCap, with a live market cap of $9,898,935,904 USD. The circulation supply is 139,482,146,384 DOGE coins, and the maximum supply is not known. Dogecoin is now accepted as payment by many online shops and crypto gaming sites.
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Pepe Coin (PEPE) – The Most Memable Memecoin
PEPE, a new meme coin, has started making the rounds as one of the hottest and most promising tokens to invest in. Some weeks ago, many traders sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a ridiculous amount to join the train of traders captivated by the meteoric and mysterious rise of the now-trending meme coin, PEPE.
In the last few weeks, the price of PEPE has spiked by over 600%, a stunning rise through the rafters, taking the market by storm and reclaiming crypto’s almost irredeemable attention from users who have grown over the last couple of months to be interested in every news story about AI and ChatGPT.
The current Pepe price is $0.000001 USD, and the 24-hour trading volume is $271,792,292 USD. CoinMarketCap now ranks it as #70, with a live market cap of $567,252,709 USD. It has a total quantity of 420,690,000,000,000 PEPE coins and a circulating supply of 391,790,000,000,000 PEPE coins.
Bottom Line
Going by this train of thought, every wise crypto investor out there will waste no time investing their funds into these memecoins with amazing ROI (return on investment). Buy now!