Meme coins are among the hottest tokens in the crypto market right now. Famously volatile, some of the most significant meme coins have jumped more than 10,000% in recent months. Investors have made fortunes by buying the right meme coin at the right time.
Of course, not every meme coin is destined for glory, so investors need to be able to find high-potential tokens before they start to skyrocket. In this guide, we’ll rank the 12 best meme coins to buy in 2024 and explain everything investors need to know about buying meme coins.
- Hottest meme token trending on the presale market right now with over $200k raised in first 24 hours!
- Early investors and degens can stake DOGE20 to earn passive income with +2,000% p/a rewards
- DOGE20 boasts a greener ecosystem as it's an ERC-20 token making it easy to store in any crypto wallet
ETH
USDT
Debit
- Hot Meme Coin Project With Play to Earn Utility and Staking
- Price has Pumped 10x in Last Month, Rumored to be Listing on Binance
- Over 12k Holders and Growing
- ETH
- USDT
- Debit
- Trending Solana Meme Coin Offering Exclusive Airdrops
- Buy And Stake $SMOG For 42% APY Rewards
- Within First Hour of Fair Launch Market Price Jumped 1,400%
- BONK
- ETH
- SOL
- +1 more
- New stake-to-earn meme token
- Staking rewards stand currently at 1064 $POODL tokens per ETH block
- Total token supply of 6.9Bn with 50% set aside for presale
- ETH
- BNB
- USDT
- +1 more
Top 12 Meme Coins to Invest in Ranked
We’ve evaluated dozens of meme coin projects to bring crypto investors the best meme coins to buy in 2024. Here’s our list of meme coins to check out today:
- Dogecoin20 (DOGE20) – Best meme coin with high staking rewards. Raised $270K on launch day.
- Slothana (SLOTH) – New meme coin launched on Solana. Over $500K raised within a few hours.
- Sponge V2 ($SPONGEV2) – Sponge V1 returned 100x to early investors, Sponge V2 aims to outperform.
- Smog ($SMOG) – Best meme coin on Solana, will offer 490 million tokens in airdrop rewards.
- Poodl Inu (POODL) – New dog-themed meme coin with over 800% staking APY.
- ApeCoin ($APE) – Meme coin inspired by the Bored Ape Yacht Club NFT collection.
- Dogelon Mars ($ELON) – Meme coin combining Elon Musk, shiba inus, and rockets to the moon.
- PepeCoin ($PEPE) – One of the most explosive meme crypto coins of 2023.
- Shiba Inu ($SHIB) – Tried and true meme coin, now with utility within the Shibarium network.
- Milady Meme Coin ($LADYS) – Explosive meme coin with volatile price action.
- Dogecoin ($DOGE) – The meme coin that started it all, currently with a $11 billion market cap.
- Floki Inu ($FLOKI) – Doge-themed meme cryptocurrency inspired by Elon Musk’s dog, Floki.
Analysis of the Best Meme Coins to Buy
Now that investors know more about what meme crypto coins are and why they’re so popular, let’s take a closer look at the 12 best meme coins to invest in for 2024.
1. Dogecoin20 (DOGE20) – Best Meme Coin With High Staking Rewards, Raised $270K On Launch Day
Dogecoin20 ($DOGE20) is currently the best meme coin to buy. It builds on Dogecoin’s legacy while offering a sustainable platform and passive income through its proof-of-stake (PoS) protocol on Ethereum.
This PoS model ensures faster, more secure transactions and is a greener alternative to the traditional proof-of-work (PoW) model.
The platform raised over $270K within just a day of its official launch, witnessing massive investor support. At the time of writing, buyers can grab the $DOGE20 tokens for only $0.00014. However, this price will increase during expected exchange listings in the coming weeks.
A key feature of the project is its highly rewarding staking mechanism. At press time, early buyers could earn an APY of over 1800%. However, this rate will decline as more people enter the staking pool.
The project’s tokenomics are designed for fairness and inclusivity. According to the Dogecoin20 whitepaper, it has a total supply of 140 billion tokens. 25% of these tokens are offered in the presale stage to early buyers at a relatively low price.
Moreover, the platform’s roadmap includes plans for a DEX launch on Uniswap and other exciting developments.
While the broader market and popular personalities like Elon Musk are excited about Doge-themed coins, Dogecoin20 is a top meme to buy right now.
Interested buyers can follow Dogecoin20 on X (Twitter) and join its Telegram group to stay updated on the latest progress.
Slothana ($SLOTH) is a meme coin that is fueled with laughter and huge earning opportunities. The main avatar of Slothana is an office sloth – deciding to quit its 9-5 job to start trading cryptocurrencies instead. In the last few months, SOL-based meme tokens such as $SLERF and $PUMP have been offering huge gains. Slothana is inspired by these projects and follows a similar presale campaign. Instead of allocating $SLOTH tokens across multiple rounds, Slothana allows investors to send $SOL tokens to its crypto wallet address. (EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA). Once your tokens are sent to the address, Slothana sends $SLOTH tokens as an airdrop. Therefore, you get instant access to $SLOTH tokens. This cryptocurrency may also receive huge attraction since it is built on the Solana blockchain – which can handle high throughput and charges low transaction costs. In only a few hours of the presale launch, Slothana has raised more than $520K. After the presale ends, this meme coin aims to secure listings on centralized exchanges. Follow the Slothana Twitter account to receive regular project updates.
Sponge V2 is the successor of the highly popular meme coin Sponge V1 that managed to get to $100 million market cap and return 100x to early investors who bought the presale. Sponge V2 aims to outperform by offering racing play-to-earn game with meme characters. The only way to get your hands on some SPONGEV2 tokens is by purchasing V1 tokens and staking them on the Sponge V2 website. Connect your Ethereum wallet and use ETH or USDT to complete the purchase. Alternatively, use MATIC to make the purchase. Once you have your tokens, stake them to convert to V2. By staking, you earn 186% staking APY. Once the conversion process ends, you can claim your tokens and sell them if you want to, or keep them for the upcoming play-to-earn game. The new token will have a supply of 150 billion, 26.93% of which are used for converting V1 tokens and 43.09% for staking rewards. This means most of the tokens will go in the hands of early investors. Make sure to check out the SpongeV2 whitepaper for more information. Also, follow SpongeV2 on X and join the Sponge V2 Telegram channel to stay up to date. Smog is the latest Solana meme coin, aiming to take over the blockchain and make higher returns than Bonk, Myro and Dogwifhat. To succeed, the team has dedicated 50% of the total token supply for marketing purposes and 35% for the greatest airdrop on Solana. Because of that, Smog could easily gain traction and see a listing on major exchanges like Binance and Kraken. To get a piece of the airdrop amount, you need to have $SMOG tokens in your wallet. This will earn airdrop points. Earn more points by completing Zealy quests. Since this token is on Solana, you need an appropriate wallet, such as Phantom or Solflare, and you need to connect your wallet to Jupiter. This is the largest aggregator on Solana. Use USDC, USDT or SOL to complete the purchase. All you have to do next, is hold your tokens in your wallet. With 85% of the total token supply dedicated to the success of the meme coin, this could easily be the best meme coin to buy in 2024. Read the Smog whitepaper to learn more, and follow Smog on X and join the Smog Telegram channel for the latest information for this meme coin.
Poodl Inu is the latest dog-themed meme coin aiming to emulate the success of Dogecoin, Shiba Inu, Bonk and Dogwifhat. The main difference between Poodl Inu and all the others is that Poodl Inu hasn’t launched yet, giving you the chance to buy at some of the lowest prices before listing on exchanges. To buy POODL, connect your Ethereum-based wallet to the presale site and use ETH, USDT or a card. There’s an option to buy with BNB as well, but you won’t be eligible for the staking rewards. Once you have your tokens, stake them to earn one of the highest APYs, which stands at over 800% as of this writing. Note, the APY will drop as more tokens are staked, making it prudent to stake as early as possible to get the most tokens while the high APY lasts. There will be a total of 6.9 billion tokens, with 50% dedicated for the token presale. An additional 30% will be used for the staking rewards, meaning the largest token supply will go in the hands of early investors. Read the Poodl Inu whitepaper for more information. Check out the Poodl Inu X profile as well as the Poodl Inu Telegram channel to stay up to date. ApeCoin is a meme coin introduced by Yuga Labs, the company that brought the world the ultra-popular Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections. $APE is more than just a meme coin. This ERC-20 token is designed to give its community governance over the ApeCoin DAO, which includes a community fund for future development. Development could include investing in new NFT projects, building out a metaverse or play-to-earn games, and much more. Notably, Yuga Labs is also working on its own metaverse separately from the ApeCoin project. There’s widespread speculation that $APE will be the official token of this new metaverse, known as Otherside, when it launches. $APE jumped 22% when Yuga Labs offered a sneak peak of the Otherside metaverse last summer. The price of $APE has been steadily declining since then as delays have held up the launch of Otherside. It’s currently trading at $1.47, down roughly 72% in the past year. While that’s bad news for long-term $APE holders, it presents a huge opportunity for investors today. Otherside is coming, and when it does, $APE could skyrocket in value well beyond the price it achieved during the sneak peek last summer. Dogelon Mars is a meme coin that launched in April 2021 to huge fanfare. Within days of launching, the token soared more than 4,500%, minting new crypto millionaires virtually overnight. $ELON quickly fell back to earth after its pump, but the token pumped again a few months later. It’s had remarkable staying power and could be setting up for another meteoric rise later this year. Part of the power of this token is that it combines so many elements that memesters love: Elon Musk, his obsession with going to Mars, the shiba inu meme, and the “to the moon” enthusiasm around meme coins. Dogelon Mars is down nearly 60% in the past 12 months, another victim of the crypto winter. However, as the crypto winter comes to an end, the token could see a major turnaround. Many investors see the current moment as an opportunity to buy $ELON at a steep discount. Signs of a turnaround are already there. The token has seen trading volume of nearly $20 million in recent days, a major uptick from last month. The token’s market cap sits at just under $70 million, so it has plenty of upside if momentum takes hold. PepeCoin is widely regarded as one of the most successful meme coins since Dogecoin and Shiba Inu. This token soared more than 10,000% in April and captured the attention of mainstream financial outlets like CNBC. It was a reminder for the rest of the world that even though the market is in crypto winter, there are still fortunes to be made in crypto. $PEPE is based on the Pepe the Frog meme, a meme that’s been popular on sites like Reddit and 4Chan for years. It was one of the first memes to break through that wasn’t based on a shiba inu and has inspired dozens of copycat tokens, including a Pepe v2.0 coin. At its peak, $PEPE was doing more than $3 billion in daily trading volume. While it’s come down since the spring, the token is still up 1,775% since launch and has a market cap of more than $415 million. It’s also seeing nearly $80 million in trading volume per day. Given its popularity and sustained trading volume, there’s every reason to think that $PEPE could pump again this year. Shiba Inu, the original ‘Doge killer’ token, has proven to be a meme cryptocurrency with staying power. The coin rocketed to fame in 2021, when it soared to an all-time high of $0.000080. Today, it’s down 90% from that high, but it still has a market cap of $4.8 billion. It’s the 15th-largest cryptocurrency by market cap and second only to Dogecoin in the meme coin category. The price of $SHIB was hit hard by the crypto winter, but things could be turning around for this project soon. The development team behind Shiba Inu recently launched the Shibarium network, a custom blockchain that will support ultra-fast and low-cost transactions. The launch of the Shibarium network also opens the door for $SHIB staking, which can increase the value of the token. A hitch in the Shibarium launch sent the $SHIB price downward, but don’t expect this pressure to last for long. The network is now fully operational and could deliver big gains for $SHIB investors in the long run. Milady Meme Coin is a meme coin that was inspired by a tweet from Elon Musk. Musk tweeted an image of a Milady Maker NFT with the caption, “There is no meme. I love you.” The internet immediately exploded and the floor price of the NFT collection more than doubled within minutes. Within a day, an unidentified developer launched the $LADYS token and saw its price skyrocket 20,000%. $LADYS has of course come down since then—that kind of price action is almost always unsustainable—but the token has retained a market cap of almost $20 million. It’s also seen a high degree of volatility, making it a favorite target for crypto traders. In the past few weeks, the token spiked more than 30% and saw trading volume more than double. These types of short-term jumps can be very valuable for active investors who want to trade for a quick profit. Dogecoin is the original meme coin, launched way back in 2013 as a joke. The meme coin uses the same source code as Bitcoin, but has no limitations on how many $DOGE tokens can be mined. While the tokenomics of $DOGE might seem poorly suited for retaining value, many believe that Dogecoin is actually the future of money. The token enables anyone to send money anywhere in the world instantly and with extremely low costs. For moving tokens around from one wallet to another, it’s arguably even better than Bitcoin. Today, Dogecoin is the 8th-largest crypto by market cap, with a capitalization of more than $8.8 billion. It sees more than $200 million in daily trading volume on an average day and routinely spikes over $1 billion. $DOGE is down 9% over the past year, which could represent an opportunity to buy the dip for investors. Look for this token to make a strong rebound when the crypto winter ends and prove that the market isn’t only about the newest meme coins. Floki Inu is one of many shiba inu-themed meme coins that launched in the wake of $SHIB’s explosive success in 2021. This token got its name from Elon Musk’s dog, Floki, who is in turn named after a Norse god. $FLOKI is all about having fun. There’s no utility behind this token, but that hasn’t stopped memesters from embracing it. The token jumped more than 7,000% in the weeks after its launch and saw trading volume as high as $225 million. $FLOKI has come down a lot from those highs, but there’s still a lot of potential in this token. It’s up more than 66% in the past 12 months, making it one of the strongest meme coins during the crypto winter. It also maintains a market cap of more than $170 million, showing that investors still love $FLOKI. A meme coin is a cryptocurrency that has its origins in an internet meme or that presents itself as a potential meme. Often, meme coins do not have utility or seek to solve a real-world problem. Instead, they’re designed to bring together the crypto community and encourage investors to take things less seriously. That said, meme coins have become a large part of the crypto market and many have seen explosive price gains. As a result, meme coins are also widely used as instruments for price speculation. Perhaps the best way to understand meme coins is to look at the original meme coin: Dogecoin. Dogecoin was created as a joke and was never intended to be traded as a real cryptocurrency with value. It was based on a meme that was popular at the time of a shiba inu with bad grammar. Many crypto tokens with utility are not considered meme coins, but still have meme properties. For example, they may use a shiba inu as their token’s logo or have a token supply based on the numbers 69 or 420. Meme coins can have their own blockchain (as is the case for Dogecoin), but most are built on existing blockchains like Ethereum. The majority of meme coins being built today are ERC-20 tokens that transact on the Ethereum blockchain. One of the biggest questions investors have about meme coins is whether they are good investments. Meme coins are notoriously volatile, which means they can produce huge gains but also have potential to leave investors with significant losses. So, it’s important to fully understand meme coins and the reasons why an investor might want to focus on them. Let’s take a look at some of the key benefits of investing in meme coins. One of the main reasons why investors flock to meme coins is that they have the potential to mint millionaires. Dozens of crypto investors—so-called ‘Dogecoin millionaires’—made fortunes when Dogecoin exploded in 2020-2021. The same happened when Shiba Inu took off in 2021 and again when PepeCoin pumped earlier this year. There’s no guarantee that any one meme crypto will explode in value after launch. But it’s happened so many times to so many different meme coins that investors have picked up on the pattern. There’s an art and a science to finding explosive meme coins, but this sector of the crypto market has a propensity for delivering huge short-term gains. While many investors are into meme coins for the potential monetary returns, many also enjoy investing in meme coins because of the community around this market sector. Meme coin investors tend to prioritize having a good time just as much as they prioritize winning, and the fun atmosphere around meme coins can be contagious. Psychologists have found that even meme coins with no utility become ‘real’ when investors band together behind them. This psychological effect not only plays into helping push up the price of the most popular meme coins, but also adds to the non-monetary value that investors receive from meme coins. Meme coin projects typically strive to build close-knit, loyal communities of investors. These investors may have a lot in common and can support each other through the wins and losses. This tight community is uncommon in the investing world, and it can be a big draw for investors. While many meme coins lack utility, a growing number offer staking rewards to investors. Investors can stake their meme tokens to validate transactions and earn additional tokens as a reward. Staking offers investors a chance to increase their investment over time. Even if the value of the token were to remain constant, the investor would earn returns just from their staking rewards. If the price of a meme coin increases, staking can lead to significant gains. The APYs that meme coins offer vary widely, but it can be in the triple digits. Volatility refers to the frequency and amplitude of price spikes in a cryptocurrency. Meme coins are famously highly volatile, meaning that they experience huge price swings in short periods of time. High volatility isn’t necessarily something long-term crypto investors want, but it’s perfect for crypto day trading. Crypto traders can find a meme coin that’s experiencing wild price swings and get in and out within the span of a single movement. Crypto traders can also place multiple trades on a single meme token in a day when it experiences very choppy price action. Meme coins have the potential to deliver life-changing gains for investors when things go well. But it’s important to remember that investors can also lose money on meme coins. Let’s take a closer look at some of the potential risks of meme coin investing. Volatility in meme coins is a double-edged sword. Prices can go up, leading to quick gains, but they can also go down and cause rapid losses. This is especially true in the early days of a meme coin’s life when the price is pumping. PepeCoin, for example, fell 70% in less than a week after hitting its all-time high. Investors who aren’t ready for these rapid price swings could see all of their gains from a meme coin’s pump wiped out. The good news is that it’s possible to defend against price volatility to some extent. Investors can limit their losses using automated orders like stop losses. They can also exit a position sooner than they might for a less volatile asset in order to lock in gains. Crypto investors need to be prepared for regulatory uncertainty that can impact prices across the market and hit meme coins especially hard. In the US, there is uncertainty over whether meme coins are unregistered securities. In a recent lawsuit between Ripple and the US Securities and Exchange Commission, a judge found that crypto tokens are not securities in many cases. However, the SEC is appealing this decision, which could lead to an altered ruling on the status of many meme coins. New lawsuits by the SEC and other regulatory agencies could cause meme coin prices to drop without warning. It’s also possible that new crypto legislation in progress in Congress could impact meme coin prices either positively or negatively. Scams are a frequent threat in the crypto industry, especially when investors are buying new tokens that have just been created. Scams are particularly prevalent in the meme coin market since so much of this market relies on investors piling into a token as early as possible before it launches on exchanges. One common type of scam to be aware of is a rug pull. A rug pull occurs when a meme coin’s development team takes the money raised during a presale, removing much of the liquidity from a project and leaving the token worthless. The $BALD token is a recent example of a rug pull. The development team ran off with $25.6 million after investors piled into the token’s ICO on Coinbase’s new Base launch platform. The value of the $BALD token dropped more than 90% when the rug pull was discovered. Long-term meme coin investors need to be careful about how long they hold onto a meme coin for. Some meme coins, like Dogecoin and Shiba Inu, have proven that they have years’ worth of staying power. But many meme coins pump shortly after launch and then begin a long and steady price decline. With so many new meme coins launching, investors simply lose interest in older projects and slowly sell off their holdings. Meme coin prices are highly dependent on trading volume and demand, so without new demand for a token there’s nothing to support the price. One of the most challenging parts of investing in meme coins is finding high-potential tokens before they begin skyrocketing. The most successful meme coin investors are the ones who spot promising projects early, before other investors realize how big they can become. There are several ways to find the newest meme coins that will explode after launch. Many meme coins hold presales where investors can buy a new meme token before it starts trading on exchanges. Usually, presales offer early investors a lower price than the exchange list price—meaning that presale investors could have unrealized gains from the moment a coin begins trading. Investors can find the best crypto presales by keeping their eyes open on social media. Most new meme coin projects announce their presales on crypto Twitter and Reddit. They also have websites where investors can join the presale. DexTools is a crypto data platform that tracks crypto tokens trading on decentralized exchanges (DEXs). It’s a great platform for finding meme coins that have recently launched on DEXs. It’s also one of the first places to find price charts and transaction data for newly launched tokens. DexTools has some useful tools for discovering new meme coins. The platform keeps a list of trending tokens based on trading volume, enabling investors to quickly find meme coins that are spiking in popularity. DexTools also keeps a list of the biggest daily gainers in the crypto market. This list often includes meme coins since these tokens are so volatile. Crypto influencers are often among the first to bring attention to new meme coin projects that could explode. They might highlight a new token on their Twitter feed, make a YouTube video explaining what a new coin is all about, or write a blog post highlighting the projects they’re watching right now. Examples of well-known crypto influencers include Jacob Bury and Ben Armstrong. Jacob Bury’s YouTube channel was one of the first to highlight massively successful meme coins like Tamadoge. Keep in mind that crypto influencers often have a financial stake in the projects they’re talking about. They want to build hype around these projects because they stand to earn a gain if the token pumps after launch. Of course, investors can also take part in this pump and earn returns—but it’s important to remember that influencers have skin in the game. Crypto launchpads like Coinbase’s Base, DAO Maker, Pancakeswap, and Uniswap often host initial DEX offerings (IDOs) for new meme coins. These platforms take part in the marketing effort around the coins they’re hosting, so following them can be a good way to find out about new launches. For example, DAO Maker keeps a list of all upcoming IDOs on the platform. Keeping an eye on the website for upcoming launches can be a good way to find out about new high-potential meme tokens. Meme coins have produced fortunes for savvy investors who got in on the ground floor of popular projects and sold at the peak. While not every meme coin will be successful, we’ve identified 12 projects that we think offer high potential returns for investors in 2024. One of the best meme coins for 2024 is Dogecoin20 (DOGE20). It’s a popular new meme token that offers high staking rewards to early buyers.
Hard Cap
$6 million
Total Tokens
140 Billion
Tokens available in presale
35 Billion
Blockchain
Ethereum Network
Token type
ERC-20
Minimum Purchase
None
Purchase with
USDT, ETH, BNB, Card
2. Slothana (SLOTH) – New Meme Coin Based on the Solana Blockchain, $500K Raised
Presale started
26 March 2024
Purchase methods
SOL
Chain
Solana
Hard cap
N/A
Min investment
None
Max investment
None
3. Sponge V2 ($SPONGEV2) – Sponge V1 Successor Offering High Staking APY and a Play-to-Earn Racing Game
4. Smog ($SMOG) – New Meme Token on Solana Delivering the Greatest Airdrop of 490 Million Tokens
5. Poodl Inu ($POODL) – Dog-themed Meme Coin With Over 800% Staking APY
6. ApeCoin ($APE) – Meme Coin Developed by Founders of the Bored Ape Yacht Club NFT Collection
7. Dogelon Mars ($ELON) – Token Combining Elon Musk, Shiba Inus, and Rockets to the Moon
8. PepeCoin ($PEPE) – Explosive Meme Coin that Gained 10,000+% and Retains a Market Cap over $400 Million
9. Shiba Inu ($SHIB) – Established Meme Coin with Newly Launched Shibarium Network
10. Milady Meme Coin ($LADYS) – Explosive Meme Coin Backed by Elon Musk and a Popular NFT Collection
11. Dogecoin ($DOGE) – The Meme Coin that Started it all, with an $8.8 Billion Market Cap
12. Floki Inu ($FLOKI) – Doge-Themed Meme Coin Inspired by Elon Musk’s Dog, Floki
What Is a Meme Coin?
Are Meme Coins a Good Investment?
Explosive Price Potential
Building Community
Staking Opportunities
High Volatility
Potential Risks of Meme Coins
Price Volatility
Regulatory Uncertainty
Scams and Rug Pulls
Decline in Investor Interest
How to Find New Meme Coins with High Potential
Crypto Presales
DexTools
Crypto Influencers
Crypto Launchpads
Conclusion
References
FAQs
What is the best meme coin to buy?
How do I find new meme coins?
