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SHIB, PEPE, and BONK are three well-known meme coins that have distinctive capabilities, benefits, and disadvantages. The MEME coin marketplace is reflecting bullish sentiments amid BTC’s rise and SHIB, PEPE, and BONK are leading the charge in this not-so-serious asset class.
PEPE Frog-Themed Meme Coin
PEPE is a deflationary meme coin released on Ethereum blockchain. The cryptocurrency was created as a homage to the Pepe the Frog internet meme, created by Matt Furie, which became popular in the early 2000s.
The Pepe intraday price is USD 0.000004 with a 24-hour buying and selling volume of $915.7 Million. Pepe is up 22.70% in the intraday 24 hours. The live market cap of $1.51 Billion.
Shiba INU (SHIB) Most Loved Meme Coin
SHIB is the primary token of the Shiba Inu ecosystem, bringing the strength of a decentralized, network-led currency to thousands and thousands across the globe. Since its inception in 2020, the Ethereum-based SHIB token has grown into a global phenomenon and is now usual as a form of payments at masses of places, either directly or through third-party intermediaries.
The Shiba Inu price in the intraday session is $0.000013 with a 24-hour trading volume of $1.21 Billion. Shiba Inu is down 3.01% inside the remaining 24 hours. The contemporary stay marketplace cap of $7.83 Billion.
Bonk The Solana-Based Meme Coin
According to the reports, BONK is the primary canine-themed coin on Solana “for the people, by the people” with 50% of the total supply of the cryptocurrency airdropped to the Solana network. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) meme coins, it was launched on December 25, 2022, and caused an increase on the SOL token chart (a rise of 34% in forty eight hours).
The live Bonk price today is $0.000024 with a 24-hour buying and selling volume of $796.2 Million. Bonk is up 6.01% in the closing 24 hours. Marketplace cap at press time was $1.57 Billion.
Conclusion
There is no definitive answer to which meme coin is the best, as each one has unique features. Each meme coin can suit different investors and traders and the ultimate decision lies on the investor’s alternatives, aims, and risk tolerance.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
