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- 1 Meme coins, and cryptocurrencies inspired by jokes, internet memes, and satire constructed a well-recognized position in the crypto space.
- 2 Dogecoin, Pepe, and Shiba Inu are some of the trending coins all set to skyrocket in the crypto world soon.
2023 observed explosive returns on the meme coins and feeling the stress of keeping pace with the upstart newbies. Increased use of social media platforms played a vital part in the popularity of meme coins in the world. With time, competitiveness is booming in the crypto world, making it more essential for investors to keep an eye on the best picks.
Want to invest in meme coins? Here are some of the best meme coins to consider, promising higher returns.
Dogecoin (DOGE)
Introduced as a literal joke in 2013 it has become a multi-billion-dollar crypto icon. Dogecoin emerged as one of the most popular names in the list of meme coins, introduced by IBM software engineer Billy Markus and Jackson Palmer, an Adobe engineer. A tweet by Elon Musk in the first half of 2021, boomed the value of DOGE. With a $0.48750 all-time high price, the coin holds a value of $0.06117, a hike of 0.53% in the past 24 hours with a market cap of $8.643 Billion. DOGE’s 24-hour trading volume is $112.357 Million with a circulating supply of 141.297 Billion.
Shiba Inu (SHIB)
Another powerful name in the list of top meme coins is Shiba Inu, inspired by a breed of hunting dog from Japan. The meme coin was launched by Ryoshiin in August 2020 to offer the world one of the most iconic meme coins. SHIB is one of the strong rivalries of DOGE, holding top ranking and room to run. Looking towards the current performance, SHIB’s current price is $0.00000721, a hike of 0.84% in the past 24 hours with a market cap of $4.243 Billion. Also, the coin holds a trading volume of $63.027 Million in 24 hours with a circulating supply of 589.347 Trillion. $0.00009000 is SHIB’s all-time high price.
Pepe (PEPE)
Pepe coin, inspired by “Pepe the Frog” is another powerful name in the list of top meme coins. To offer tough competition to DOGE coin, PEPE was introduced by Zachary Testa to the crypto world in April 2023. The coin has a total supply of 420.69 Trillion with a circulating supply of 391.79 Trillion. Considering the current performance, PEPE holds a current value of $0.00000073, a hike of 7.35% in the past 2 days with a market cap of $286.007 Million and trading volume of $45.498 Million in 24 hours. $0.001 is PEPE’s all-time high price.
In addition to this, all these meme coins and other coins are available on online platforms including Coinbase, Binance, ByBit, etc.
Conclusion
In the crypto world, the craze for meme coins is at its peak, offering ups and downs in the coin’s value. Dogecoin, Pepe, and Shiba Inu are some top-rated meme coins in the list performing well in the crypto market with promising higher returns in the future.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
