‘Meme coins’ were all the rage in 2021, thanks to the incredible success achieved by Dogecoin. Although the crypto winter is still biting hard, several projects within this niche have begun picking up momentum – providing a ray of light for investors during these dark times.
This article takes a closer look at the 5 best memecoins pumping right now, covering what they are and how they work, before presenting a quick guide on how to invest in an exciting meme coin today.
The 5 Best Memecoins Pumping Right Now
Below are five meme coins that have begun generating traction in the market over the past few weeks. We’ll take a closer look at these coins in the following section, providing the information needed to make an informed investment decision.
- Tamadoge (TAMA) – Overall Best Meme Coin to Buy in 2022
- Shiba Inu (SHIB) – Exciting Meme Coin Project with Numerous Use Cases
- Dogelon Mars (ELON) – Meme Coin Linked to Elon Musk
- Samoyedcoin (SAMO) – Popular Meme Coin on the Solana Blockchain
- Dogecoin (DOGE) – Huge Meme Coin with Enormous Community Backing
A Closer Look at the Top 5 Memecoins to Invest In
Let’s take a more in-depth look at the coins listed above, exploring their use cases and price potential.
1. Tamadoge (TAMA) – Overall Best Meme Coin to Buy in 2022
Leading the way in the meme coin niche right now is Tamadoge, one of the most promising cryptos. Tamadoge is a brand new meme coin project that looks to combine exciting play-to-earn (P2E) features with metaverse integration. Unlike other meme coins, Tamadoge contains a real-world utility that provides the foundation for long-term growth.
The standout feature of the Tamadoge project is its tokenized rewards system. Within the Tamadoge platform, users can acquire ‘Tamadoge pets’, which are structured as NFTs. These pets can then be fed and trained until they reach adulthood, at which point users can battle them against other players’ pets.
This battle mechanic helps Tamadoge stand out from the crowd, as the winner of each battle will receive ‘Dogepoints’. The more battles players win, the more Dogepoints they earn, enabling them to place higher on the monthly leaderboard. The player who tops the leaderboard at the end of each month will receive prizes in the form of TAMA – Tamadoge’s native ERC-20 token.
The amalgamation of Tamadoge’s meme coin aesthetic and exciting P2E features has propelled the project into the limelight – and prompted more than 20,000 people to join the Tamadoge Telegram group. What’s more, excitement is already building around the project’s future plans, which include an augmented-reality (AR) app and even Tamadoge arcade games.
The Tamadoge platform is still in development, although investors can get their hands on TAMA tokens early through the Beta sale phase. This phase is scheduled to end on September 2nd, at which point the token price will rise by 25%. Given the nominal price of TAMA is just $0.01 during the Beta sale, now is an appealing opportunity for investors to acquire tokens at a discount.
2. Shiba Inu (SHIB) – Exciting Meme Coin Project with Numerous Use Cases
Another meme coin that has picked up momentum recently is Shiba Inu. Shiba Inu needs no introduction, as this project capitalized on the success of Dogecoin in late 2021 – causing the price to surge by over 1,100%.
The SHIB price has gradually fallen since October 2021’s highs, although the token remains in demand. Much of this demand is generated as a result of Shiba Inu’s growing ecosystem, which includes an NFT collection and yield-farming services.
SHIB is also now accepted as a payment method by over 650 merchants worldwide, including SandboxCasino and Ping Proxies. Given that Shiba Inu’s price has climbed over 75% in the past few weeks, this coin is certainly worth keeping an eye on going forward.
3. Dogelon Mars (ELON) – Meme Coin Linked to Elon Musk
As its name implies, Dogelon Mars is a meme coin project that looks to capitalize on Elon Musk’s close connection to the crypto market. As many investors will know, Musk was one of the main drivers of Dogecoin’s success, following his numerous mentions of the coin.
The founders of Dogelon Mars remain anonymous and donated half of the starting supply of ELON tokens to Ethereum founder Vitalik Buterin. This approach was similar to that of Shiba Inu’s founders and helped bring massive publicity to the project.
Fast forward to the present day, and the ELON token now boasts a market cap of over $187 million, according to CoinMarketCap. Furthermore, ELON’s price is currently up over 53% from June’s lows, hinting at a possible bull run.
4. Samoyedcoin (SAMO) – Popular Meme Coin on the Solana Blockchain
Another meme coin that has been making headlines recently is Samoyedcoin. Samoyedcoin occupies a specific place within the broader crypto market, as the token is hosted on the Solana blockchain rather than the Ethereum blockchain.
As such, SAMO is able to appeal to a new demographic of potential investors and aims to bring attention to the Solana network. Samoyedcoin’s team also ensure the token has real utility, as token holders can use it for staking and yield farming.
Furthermore, due to Solana’s inherent scalability, Samoyedcoin can be transferred to others much faster (and cheaper) than alternative meme coins. Given that SAMO is now tradable on numerous leading CEXs (including Gemini and Kraken), investors are hopeful that the bullish momentum continues.
5. Dogecoin (DOGE) – Huge Meme Coin with Enormous Community Backing
Rounding off our list of meme coins pumping right now is the project that started the whole craze – Dogecoin. Although the DOGE price is far below May 2021’s highs, the coin’s value has increased by 45% since mid-June.
Like all meme coins, Dogecoin retains immense community backing, which is vital to the coin’s bullish momentum. More than 2.3 million people are part of the Dogecoin subreddit (r/dogecoin), whilst the Dogecoin Twitter account boasts over 3.4 million followers.
Dogecoin is the most widely-accepted meme coin in the world, evidenced by the fact that more than 2,000 merchants worldwide accept DOGE as a payment method – including Tesla and SpaceX. So although the token has suffered over the past 15 months, these factors hint that there’s always the potential for a rapid rebound.
How to Buy Tamadoge (TAMA) Tokens
As noted earlier, Tamadoge is our number one pick when it comes to meme coins that are pumping right now. Tamadoge’s Beta sale is still ongoing, allowing investors to obtain TAMA tokens for a nominal price of just $0.01.
Those looking to participate in the Beta sale and buy TAMA tokens at a discount can do so by following the quick steps below:
- Step 1 – Set Up a Crypto Wallet: Set up a crypto wallet with a respected provider, such as Trust Wallet or MetaMask.
- Step 2 – Obtain ETH or USDT: Purchase ETH or USDT from a broker or crypto exchange. Alternatively, investors can buy ETH using their credit/debit card through the Tamadoge website.
- Step 3 – Connect Wallet to Beta Sale: Click ‘Buy’ on the Tamadoge homepage, click ‘Connect Wallet’, and follow the on-screen instructions.
- Step 4 – Buy Tamadoge: Enter the number of TAMA tokens to be purchased (minimum 1,000) and confirm the transaction.
- Step 5 – Claim Tokens: Once the presale phase has ended, investors can obtain their purchased tokens by clicking the ‘Claim’ button on the Tamadoge website.
This article has presented a comprehensive overview of the best memecoins that are pumping now, providing all the information needed to make an informed investment decision.
Tamadoge takes the top spot on our list of new meme coins since this project differentiates itself by offering innovative P2E mechanics and metaverse integration. Moreover, the Tamadoge team has also hinted at exciting plans, such as an augmented-reality (AR) app and physical rewards, which could provide the foundation for long-term success.
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