10 Best Meme Coins To Invest in 2024

Meme coins have created a lot of excitement since they entered the crypto market. These digital currencies are mostly for fun and don’t have the practical uses that other cryptocurrencies have. They are heavily influenced by public opinion, including celebrity endorsements and social media trends.

In the crypto market, meme coins are gaining attention. To help you make an informed decision on which meme coins to buy in 2024, identified 10 meme coins worth considering for investment. Each one has the potential to offer good returns.

List of 10 Best Meme Coins to Buy in 2024

1. Dogecoin: It is the largest meme coin by market capitalization. 
2. Shiba Inu: This is a popular meme coin with a high stability in the market. 
3. Pepe Coin: Pepe coin was inspired by Pepe the Frog meme. 
4. Floki Inu: It was inspired by the dog’s name owned by the tech giant Elon Musk.  
5. Bonk: BONK is a dog-themed meme coin made on Solana,
6. Book of Meme: It is a meme coin that came in the limelight due to a unique method for achieving popularity.
7. Meme Kombat: Meme Kombat (MK) combines gaming with cryptocurrency.
8. DogeWifHat: Dogwifhat is one other type of popularly recognized meme coin distinguishing itself within an overcrowded field with its funny concept.
9. Myro: Allows different blockchains to work together.
10. Brett: BRETT is one of the top ten meme coins based on the Base blockchain. It borrows from Brett, a character from the Boy’s Club comic book series.

Best Meme Coins To Buy in 2024

Dogecoin (DOGE)

• Current price: $0.1222
• Market Cap: $17.74Billion   
• Circulating Supply: 145.07Billion 
• Total Supply: 145.14Billion

Dogecoin was launched in 2013 as a joke, but grew spontaneously to become the most popular meme coin in the world.

The coin is used in tipping online content creators as a way of appreciating them for their digital artwork. Dogecoin is also used in charity events and fundraisers.

Shiba Inu (SHIB)

• Current price: $0.00001916
• Market Cap: $11.23Billion    
• Circulating Supply: 589.26Trillion 
• Total Supply: 999.98Trillion

SHIB is the second largest meme coin by market capitalization after Dogecoin. Based on the Ethereum blockchain, SHIB features a mascot inspired by the Japanese Shiba Inu dog breed.

Shiba Inu was launched in 2020 to compete with Dogecoin, and is often referred to as the “Dogecoin Killer”. 

Pepe Coin (PEPE)

• Current Price: $0.0000119
• Market Cap: $4.99 Billion 
• Circulating Supply: 420.69Trillion 
• Total Supply: 420.69Trillion

PEPE coin is an Ethereum-based meme coin inspired by the popular internet meme  “Pepe the Frog”.

One of the most appealing features of this coin is its no-tax policy, which lets users interact without any extra costs. Additionally, the coin uses a burning mechanism to destroy coins and maintain scarcity. 

The project’s official website is the main hub for its community, where members can find exclusive digital collectibles, including rare memes and digital artwork.

The ticker of this project goes with the name PEPE and crypto traders can trade these coins on various platforms including Binance. 

Floki Inu (FLOKI)

• Current price: $0.000188
• Market Cap:$1.82Billion
• Total Value Locked (TVL): $25.99Million
• Circulating Supply: 9.69Trillion
• Total Supply: 10Trillion

Floki Inu (FLOKI) is one of the most versatile meme coins in the market, also inspired by the Shiba Inu dog meme.

Iinfluenced by Elon Musk and named after his dog, Floki, the meme coin was created by anonymous developers who are avid fans of the Shiba Inu community.

Since launch, Floki Inu emerged to be one of the most popular dog-themed coins in the crypto market.

Floki Inu operates on both the Ethereum and the Binance Smart Chain (BSC) blockchains. The coin has a large community of supporters known as the “Floki Vikings.” 

 Bonk (BONK)

• Current price: $0.00002798
• Market Cap:$1.95Billion
• Circulating Supply:69.39Trillion
• Total Supply:93.53Trillion

BONK is another dog themed meme coin. Based on Solana, it brings together DeFi platforms, gaming projects, developers, and exchanges.

BONK has grown significantly since its initial airdrop phase. Those who received free coins during the airdrop reaped profits worth millions in crypto. 

BONK is listed on major exchanges including Coinbase and Binance. The project aims to be the “community coin of Solana,” that will be used across various decentralized applications (dApps). 

Book of Meme (BOME)

• Current price: $0.009023
• Market Cap:$623.49Million
• Circulating Supply: 68.99Billion
• Total Supply:68.99Billion

Book of Meme (BOME) is a meme project that aims to preserve meme culture on the Blockchain. It specially combines elements of Web3 culture, meme preservation, and decentralized finance.

BOME is a complete ecosystem created to celebrate and preserve meme culture. Its features include a digital book of memes with metadata linked to the BOME token, and stored across blockchains and decentralized platforms like IPFS, ARWEAVE.

BOME ecosystem includes a decentralized social network app for meme creation. It also offers spaces for storing unminted memes, and features like Genart Pages and meme-centric games. 

The BOME token operates on the Solana network, combining memes with decentralized storage solutions. The project plans to expand with Bitcoin captions in the future.

Meme Kombat (MK)

• Current price: $0.1414
• Market cap: $16.97 million
• Circulating supply:120 million
• Total Supply: 120 Million 

Meme Kombat is a play-to-earn (P2E) blockchain game that allows players to bet on battles. The meme coin is one of the most popular p2e meme coins in the market today. 

Meme Kombat offers users an engaging and transparent betting experience for users. Players use the native token, $MK, to bet, stake, and other in-game activities.

Meme Kombat has a rewarding staking program, which offers a generous 94% APY. This high staking reward contributed significantly to the project’s success in the early presale phase.

DogeWifHat(WIF) 

• Current price: $2.21
• Market cap: $2.2 Billion
• Circulating supply:998 million
• Total Supply:998 million

Dogwifhat is one of the numerous Shiba Inu dog memes that are closely related to the digital asset industry because of Dogecoin (DOGE), which was a pioneering meme cryptocurrency launched in 2013. 

WIF operates on the Solana network. The project’s team remain unknown, but they claim to have been inspired by Dogecoin (DOGE), which is the most popular meme coin. 

Unlike DOGE, which has some real-world use cases, the value of Dogwifhat is mostly driven by speculation.

WIF has no inherent value but relies on significant speculative interest and community support for its value. Moreover, its developers say they will neither burn tokens nor offer staking rewards. 

MYRO 

• Current Price: $0.1462 
• Market Capitalization: $137 million 
• Circulating Supply:994 million 
• Total Supply: 999 Million

This Dog-focused crypto project borrows its name from the dog of Raj Gokal who is Solana’s co-founder, with a general view of being part of the existing craze on pet-related crypto currencies.

MYRO token elevates itself above being just another meme coin by integrating entertainment and a purposeful utility within the Solana ecosystem.

This means it encourages more Solana users, investors as well as developers in order to make widespread adoption of this blockchain network across all demographics possible.

Drawbacks

• Also, MYRO could rise or fall in value very rapidly, which puts at risk capital invested by shareholders.
• Based on how much attention it gets from its various networks and how these are leveraged into market making and user acquisition, success depends on developing and sustaining customer base interest within an aggressive environment for crypto-currencies like this one.

BRETT

• Current Price: $0.1407 
• Market Capitalization: $1.39 billion 
• Circulating Supply:9.9 billion 
• Total Supply:9.9 billion

BRETT is one of the top ten meme coins listed on Base chain inspired by character Brett from “Boy’s club” comics series found online.

Renowned for his nonchalant approach to life and love for video games ties him closely with Pepe – a legendary figure in the world of cryptos. This link has seen BRETT become famous and frequently traded meme currency on Base chain.

BRETT, Base’s native token, leverages blockchain and smart contracts to improve real estate transactions. It does this by eliminating middlemen, automating ownership transfers through smart contracts, and keeping track of transactions on a decentralized ledger.

That lowers expenses, makes worldwide reach possible and introduces fractional ownership, thus making it easier for everyone to participate in real estate.

Key Points To Consider Before Investing In Meme Coins

• For in-depth research before investing in meme coins, it is a necessity. 
• Team and Reputation: It is the quality of the team that matters most on this approach. Their transparency and frequent communication show how credible they can be.
• Technology: You need to consider scalability, speed, security features, and consensus mechanisms. The coin’s technology must be advanced enough for it to compete with others.
• Community Support: Engaged community often means growth potential and continuous innovation. Social media platforms and online forums are ideal places to have a look at sentiments from members of communities.
• Regulatory Environment: Keep yourself updated about any changes in local regulations. Complying with laws reduces risks related to cryptocurrency investments being illegal.
• Market Demand: What is the current demand for this cryptocurrency? Collaborations as well as incorporation with other platforms are an indication of increased market interest which may result in its value going up later.