14 Best Meme Coins to Buy in 2023

Meme coins are all the rage in the crypto market and have enjoyed an incredible 2023 so far, with a number of projects seeing exponential growth and profits for early buyers.

Although the whole crypto market can be volatile, especially in comparison to other investment vehicles, meme coins represent the extreme end of that scale.

Picking the right meme coin is difficult but can lead to huge success and incredible gains, with Pepe a recent example in a long line of meme coins that grew several thousand percent.

Only launched in mid-April, Pepe grew nearly 7,000% in just 17 days and reached a peak market cap of $1.8 billion.

The token is also a perfect example of the risks of meme coin speculation, however – less than a month later its market cap has dropped by more than 72% to below $500 million.

This guide explores some of the top meme coins that could explode, how to buy them, the risks and the best platform to buy meme coins with low fees.

A Closer Look at the Best Meme Coins to Invest in

We cover more details below on the list of meme coins and crypto tokens you should definitely add to your portfolio:

1. Wall Street Memes – Newly Launched Presale With 1 Million Social Media Followers and $25m Raised, Soon to List on T1 Exchange

Wall Street Memes is an explosive new presale crypto launched by the creators of the 2021 Wall St Bulls NFT collection. That collection sold out in 32 minutes, netting the founders $2.5 million and the $WSM token presale is having a similarly explosive start.

At the time of writing, the presale – which is set to close on September 25 ahead of a hugely anticipated IEO – has now raised more than $25 million. Wall Street Memes also offers attractive staking rewards, with a current APY of 55%.

The team remained in the public eye following the NFT launch, posting crypto and stock-related memes across several social media channels.

Today, the project – which is also offering staking – has amassed over one million followers and received notable follows and mentions from figures like Elon Musk, who has interacted with the page on multiple occasions.

According to the Wall Street Memes website, the coin’s purpose is to ‘tokenize the movement’. This refers to the Wall Street Bets movement, which saw millions of retail traders come together and short-squeeze institutions, effectively beating them at their own game.

The Wall Street Memes token aims to repeat history by enabling its community to “get rich off useless meme coins”.

In Wall Street Bets fashion, 100% of the new presale coin will be allocated to the community, with none withheld for the team. 50% of $WSM will be sold at presale, with the remainder split between community rewards and exchange liquidity.

The first community rewards event has already begun, with the team offering $50k of $WSM in an airdrop. The reward will be split between five winners, who become eligible by completing a series of simple tasks. Learn more about the airdrop by visiting the Wall Street Memes Discord.

Alongside the recent presale, the project is also releasing 420 Bitcoin Ordinals NFTs. This shows that the team is at the cutting edge of crypto innovation and could lead to more hype around the Wall Street Memes presale.

With one million social media followers and just 420 NFTs, the collection will be in high demand and low supply. Many users who miss out on the NFTs could turn to $WSM instead.

Visit the Telegram to stay updated on Wall Street Memes news and announcements.

2. Chimpzee – Preserve the Planet and Wildlife With This Token and Earn Income

While numerous cryptocurrency projects are developing innovative financial solutions, there is a notable scarcity of practical environmental and social solutions. Fortunately, a new trend is emerging, led by a handful of pioneering initiatives.

Chimpzee is one such project, with a primary focus on preserving the planet and its wildlife, with more than $1.35 million now raised in its presale.

It offers a range of features that enable users to earn passive income while actively contributing to environmental causes. These features, including Play-to-Earn, Shop-to-Earn, and Trade-to-Earn, are accessible through the Chimpzee shop, NFT marketplace, and Zero Tolerance Game.

The project’s team has committed 10% of the token supply and a share of the profits to support organizations dedicated to these causes.

By owning a Chimpzee passport, users can generate passive income in a highly profitable manner, earning extra CHMPZ tokens through their interaction with different elements of the ecosystem.

Chimpzee will introduce a mobile application that utilizes AI technology to create personalized Chimpzee avatars for its users. These avatars can be utilized to create a distinctive Chimpzee NFT passport, which will share some of the same benefits of a Diamond NFT Passport.

To join the Chimpzee presale and obtain these exclusive passports, a total of 40 billion CHMPZ tokens will be distributed over four rounds. The price for 1 CHMPZ is in the current round is $0.00064 and will increase to $0.000655 soon. The final listing price will be $0.00185.

Acquiring the Chimpzee Diamond NFT passport during the presale phase offers users the greatest advantages, as the supply is limited. Those who miss out on the presale will have to pay a higher price for the passports and wait until after the whitelist NFT passport prelaunch, which is exclusively available to presale investors.

Chimpzee has the potential to have a significant impact on environmental initiatives and is worth monitoring. Seizing the opportunity to participate in the presale early on provides irresistible benefits.

3. Pikamoon – Promising Meme Token Powering a Play-to-Earn Metaverse With NFT Monsters

Pikamoon is a play-to-earn metaverse, a game where you get to create and empower Pikamoons, unique NFT monsters that are forever yours, thanks to the non-fungible token concept.

Pikamoons are used to explore the world of Dreva, an entire ecosystem with four regions, unique elements, NPCs, quests, and other Pikamoons.

This Pikaverse also features a battle system that pits you against other players’ companions. Your Pikamoon has four basic stats, a species, and a type, all determining how well it will fare in the turn-based combat system.

You can learn more about the details in the project’s whitepaper, but it’s important to know that these battles and other actions in the game yield $PIKA tokens, the in-game currency and the metaverse’s native crypto.

The tokens can be used in the Marketplace, the central hub for in-game trade. You can use $PIKA to buy items like capture devices, treats, and boosts. The interesting part is that 5% of tokens used are burned to create token scarcity in the future and, thus, increase their value.

As for the tokenomics, the total supply pool is 50 billion $PIKA. From those, 32% are held for ecosystem development and P2E rewards, 30% will be sold in the presale (10% per round), 12.5% is awarded to the development team and its advisors, 10% is held for staking rewards, 8% goes to marketing purposes, and 7.5% is reserved for the liquidity pool.

You can buy tokens using ETH or USDT – the project has already raised more than $3.3 million and is in the final stage of its presale. Follow the official Telegram to get the latest news.

4. Tamadoge – Emerging Meme Coin with Huge Upside Potential

Another meme coin to buy now is Tamadoge (TAMA), the native crypto & utility token of the Tamaverse.

TAMA sold out its $19 million presale in just eight weeks before pumping when it was listed on exchanges, reaching an all-time high of $0.194 – a near-2,000% increase from the presale and 550% increase from the list price.

The Tamadoge Arcade is now live with five games available to play and more than 25,000 unique monthly players – a higher total than Decentraland and The Sandbox combined.

This crypto is yet another addition to the doge community, but it separates itself from the likes of other meme tokens like DOGE and SHIB, with its gaming ecosystem and utility.

An augmented reality mobile app is on the way in 2023 and TAMA tokens have just been added as a payment method on leading crypto casino BC.Game.

Furthermore, TAMA will be a deflationary token. While Dogecoin has increased its token supply from 100 billion to 132 billion tokens – and has an unlimited supply – TAMA will have a maximum supply of 2 billion tokens. This will help in potentially making the token more valuable in the long term.

At the center of the Tamaverse is the Tamadoge pets – unique dog-like avatars which can be bought, bred and traded. The aim of the P2E game is to breed Tamadoge pets and use them to compete against other avatars to earn points on a monthly leaderboard. The top performers are rewarded with rewards via TAMA.

Each pet has its own characteristics, advantages, and weaknesses. Every time users purchase items on the Tama store, 5% of all tokens spent are burned.

One of the most promising cryptocurrency assets, Tamadoge has recently been listed on tier one CEX Bybit, with the project announcing that two more CEXs will list TAMA in June and July.

Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge. Telegram admins will never DM you first. Optionally buyers can also sign up to an email mailing list, or the project’s Discord.

5. RizzMonkey – This Meme Token is Priced at $0.000005367 on Presale, Price Rise by Nearly 17% After the Exchange Listing

The next meme cryptocurrency is $RZZMNKY, the native token of RizzMonkey. This new meme coin is similar to many other projects – based on engaging investors through the exciting tokenomics and potential earning opportunities. 

$RZZMNKY is currently available to purchase on the second presale round for $0.000005367 per token. In total, RizzMonkey has a token supply of 696 billion. 55% of the supply has been allocated across three presale rounds. 

The price will jump during each round, and eventually, $RZZMNKY will be listed at $0.00000696 per token during the initial exchange offering. This equates to a 16.7% price jump from press time. 

Interested readers can connect to the RizzMonkey presale website with a cryptocurrency wallet such as MetaMask. One can swap $RZZMNKY with other tokens such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Binance Coin (BNB). 

By the end of the presale, RizzMonkey aims to raise a presale hard cap of $2.17 million. So far, the project has raised more than $50K. By the time the exchange listing takes place, RizzMonkey will have a market cap of $4.85 million. Since many meme coins tend to explode after the exchange listing, now may be a suitable time to invest in the project. 

Go through the RizzMonkey whitepaper and join the Telegram channel to learn more about this meme coin. 

6. Dogecoin – Meme Coin with Highest Market Cap

If you’re asking yourself: ‘is Dogecoin a good investment?‘ you’ve come to the right place.

Dogecoin is our number one for the best meme coins to buy for the long term. It’s also considered one of the best shitcoins and most undervalued cryptos in 2023. Started in 2013, Dogecoin is the foremost joke cryptocurrency and was meant as a joke on the sudden growth of alternative currencies (altcoins) following Bitcoin’s popularity. Dogecoin has since evolved and become a tipping crypto asset for holders.

Now, Dogecoin is considered the king of the meme crypto ecosystem, one of the most and has been popularized by eccentric entrepreneur and billionaire Elon Musk.

The Tesla and SpaceX CEO played a principal role in the boom of the meme coin niche and Dogecoin’s rise to nearly $1 in value as DOGE tapped out at $0.73.

Meanwhile, Musk has not given up and is still known to be a stalwart supporter of the meme coin. If you’re wondering how you can get your hands on DOGE right now, you can buy Dogecoin on a range of platforms.

Dogecoin is far from its 2021 high but the digital token is still part of the top 20 most popular meme coins in the world. Keeping in tandem with its popularity, Dogecoin has continued to see massive adoption.

TV streaming company Sling TV recently announced that it would be accepting DOGE as payment for its services. This was corroborated by crypto payment company BitPay.

So if you want to buy cryptocurrency and are looking for the most promising meme coin, it’s worth researching. Elon Musk took control of Twitter in October 2022 which many have predicted will eventually allow for DOGE payments.

As an April Fool’s joke in 2023, Musk briefly changed the Twitter logo to the doge image – briefly sending the price soaring.

However, DOGE’s price continues to fluctuate and is currently way down from its all-time high, with many investors sceptical about its long-term prospects.

7.  Shiba Inu – Top Meme Cryptocurrency with Growing Utility

The meme coin race has been made even more interesting with Shiba Inu’s launch in late 2020. According to its anonymous creator Ryoshi, Shiba Inu is a spontaneous experiment on the community-driven initiative.

This is a part-piece attempt to topple Dogecoin on the meme crypto crown and install Shiba Inu as the top meme coins for investors. This has seen Shiba Inu nicknamed the ‘Dogecoin killer.’

Despite playing second fiddle to Dogecoin, Shiba Inu surged over 21,000% in the climax of the 2021 price rally making the digital asset one of the best meme coins to buy this year.

However, Shiba Inu does not aim to take over the top spot with just social media hype and fanfare. The Shiba team has been churning several use cases to keep the project relevant and top-of-mind for investors.

It has its own decentralized exchange, ShibaSwap, an NFT collection and a layer-2 blockchain coming called Shibarium.

According to Shiba Inu Price Predictions, this meme coin could edge closer to its all-time high of $0.00008845 by the end of the year.

8. Akita Inu (AKITA) – Best Meme Crypto Coin for Cross-Chain Interoperability

Akita Inu is another part of the list of meme coins that you should monitor closely. A decentralized community project, Akita Inu is based on the Ethereum network.

The project has its humble beginnings like Shiba Inu and has largely been developed by a band of meme crypto enthusiasts rather than a core team.

The project is also a social experiment and aims to be a top meme coin that bonds people of like minds in a collective drive.

Akita Inu claims that half of its token supply has been forwarded to Ethereum co-founder Vitalik Buterin and the remaining supply amount sent to a UniSwap account for liquidity.

The project has continued to expand its appeal and now enjoys cross-chain interoperability with the Avalanche blockchain.

9. Samoyed Coin – Best Meme Token to Buy for Solana Ecosystem

Samoyed Coin is a popular meme coin from the stables of the Solana blockchain.

The Samoyed Coin has become both a popular meme coin on the Solana blockchain as well as the larger crypto market due to its core mission of onboarding more users into the crypto space using a fun-themed digital asset.

However, the joke crypto focuses on bringing in new Solana users, educating market participants, creating personal connections, and helping token holders maximize their potential return.

Samoyed Coin is the public face for the best meme coins on the Solana blockchain and has been one of the fastest-rising meme stars in the past year.

10. MonaCoin – Top Meme Crypto Coin for Transaction Speed

MonaCoin is one of the oldest meme crypto assets you can find around. The meme coin was famously launched in late 2013 and has a thriving community in Japan.

The meme project is decentralized and open-source and operates using a peer-to-peer (P2P) network. A fork of the famous Bitcoin fork Litecoin, MonaCoin uses an algorithm called Lyra2RE (v2).

The major utility of the MonaCoin network includes its fast transaction processing speed of 1.5 minutes and a dedicated, thriving community. The meme crypto was popularized in Japan following a TV commercial promoting the joke crypto.

MONA reached an all-time high (ATH) of $20.33 in December 2017 but has struggled to get near that price since.

11. Dogelon Mars – Best Meme Coin for 2023 for Interplanetary Travels

Dogelon Mars is a spin-off from the most popular meme crypto figure, Dogecoin. Seeking to boost its appeal, the founders have also tapped on Dogecoin’s principal supporter Elon Musk and have combined both figures to form the project.

As with most meme cryptos, Dogelon Mars is community-driven and decentralized. The major narrative around the project is around the planet of Mars and shows how the dog-themed in-game meme travels through the galaxy and meets new friends.

Dogelon Mars also comes with no known figure as is the usual trend around some of the best meme coins.

Dogelon’s ELON token has largely traded for a fraction of a dollar but the meme coin has amassed a strong followership.

We’ve written an in-depth ELON price prediction.

12. DogeDash – Newest Meme Crypto for P2E

DogeDash is a new spin on the overall meme crypto niche. Based on the Binance Smart Chain (BSC) network, DogeDash is a play-to-earn (P2E) that borrows strongly from the 90s Super Mario and Sonic movement. Players need to make a dash while collecting coins on the way.

DogeDash’s core mission is to onboard more users into the crypto gaming space and it aims to bring back fun and nostalgia to early gamers who may want to rekindle old memories.

DogeDash was founded by crypto enthusiast Paul and has a budding development team backing the project.

13. SafeMoon Inu – Best Meme Coin to Invest In for Rewards

Following on the growing trend between blockchain and gaming, SafeMoon Inu focuses on creating a thriving meme and gaming community.

The Safemoon Inu protocol is crafting a whole new gaming platform called SMI Play and also offers non-fungible tokens (NFTs) rewards to SMI token holders.

SafeMoon Inu borrows heavily from the penalty and reward system of most decentralized finance (DeFi) projects like SafeMoon and is one of the best meme coins to invest in for rewards.

The protocol distributes 2% of every transaction to holders thereby rewarding long-term holders.

14.  Dogs of Elon (DOE) – Best Meme Token for NFTs

The Dogs of Elon is a unique meme coin project. According to the project team, Dogs of Elon is out to create the popular NFT avatar alternative of the CryptoPunks movement.

This comes with 10,000 unique NFTs in a toast to the Ethereum-based NFT avatar featuring K-9.

Also, Dogs of Elon comes with special NFT collections containing 30 Elons and 70 Zombie DOGEs.

Adding to this, the meme coin is also moving into the gaming space and is working on a P2E gaming platform.

What are Meme Coins?

Meme coins do not have a really strict definition but are mostly joke digital assets that began with the Dogecoin movement in 2013.

Many meme coins, also sometimes referred to as shitcoins, usually share common traits such as large token supplies, animated and comical depictions, with their growth based on large communities.

They often fail to have any utility and exist purely to act as a purely speculative investment vehicle – although there are some exceptions.

This makes it extremely difficult to select the right meme coin to buy, as they pump in price and dump based on little else than community sentiment and hype.

Kyle Doane, a notable trader for Arca, has described them as being like a “lottery ticket” and described meme coin buyers akin to playing at a casino.

DOGE was the first meme coin and is still the biggest, with a market cap of nearly $10 billion at the time of writing, although many thousands have followed in its path.

However, the meme coins niche has since become a form of social movement with social media platforms being a major contributor to their growth.

These projects are more community-driven than other crypto projects and most come with little use cases.

Are Meme Coins a Good Investment?

A question you might ask yourself when investing in cryptocurrency is whether or not digital assets are a good investment.

When it comes to the best meme coins, it is worth noting that there are good sides and downsides.

The major issue with many meme coins is that they are simply held together by the communities supporting them and have no real other value.

However, there are also a lot of good things about meme coins and they can earn investors huge returns on profit.

Dogecoin was one of the biggest success stories of the last bull run, gaining widespread mainstream attention in 2021 and famously making multiple millionaires.

Shiba Inu had a peak market cap of nearly $40 billion as it grew more than 20,000% in price in just a few months.

Getting a Broad Community

If you can find a meme coin that has a massive community, then you’re relatively safe. Some of the top meme coins on our list are just this way.

Dogecoin has a massive community, as does Shiba Inu, which is reflected in their market caps being worth a combined $15 billion at the time of writing.

Several other assets on the meme crypto coins list are also seeing their communities swell.

You can invest in the most popular meme coins while knowing that your funds are protected and will rise.

It is also important to look at engagement on posts rather than at just pure follower numbers – some projects buy accounts with big followings or use spam bots.

A lack of engagement could mean the account is not nearly as popular as it first seems.

Building on FOMO

The Fear of Missing Out (FOMO) is one of the biggest drivers of growth for crypto and the best meme coins have been able to ride this to the moon.

When Dogecoin broke out in the early parts of 2021, it did so with the help of names like billionaire Elon Musk, who continued to promote it.

The asset eventually caught on, and the FOMO was built – soon, everyone wanted to get their hands on DOGE.

When FOMO builds in a token, there is usually a considerable increase in the value of the coin as well.

This makes meme coins some of the most popular tokens when it comes to day trading crypto.

However, FOMO can often lead to retail investors buying near the top and then losing when a token promptly dumps in price.

Meme Coins Can Have Utility

Another impressive factor about meme coins is that they could always become more useful. The fact is that meme coins can only get so much help from their communities.

But, if the asset doesn’t have a definitive use, then it might end up lagging in the medium and long terms.

To overcome this, some of the best meme coins for 2023 have already begun changing.

Dogecoin is now accepted as a payment method at the Tesla store, and there are chances that other companies might accept it.

Shiba Inu’s developers have created a decentralized exchange, ShibaSwap, as well as the Shiboshi NFT collection and a layer-2 network, Shibarium.

Some meme coin projects – such as AiDoge, Chimpzee and Tamadoge listed below –  have been developed to have utility from the start.

What is the Best Crypto to Buy in 2023?

Making a choice on the best crypto to buy now in 2023 out of the thousands of obscure crypto choices on the market can be quite a chore.

Despite the wider bear market, a number of digital assets have posted huge gains in recent weeks. Furthermore, with hopes of a new internet era based on machine learning and artificial intelligence, many crypto enthusiasts are seeking the best Web3 coins.

Understanding this confusion, we have taken the time to review some of the top-performing cryptocurrencies to find the best one for retail investors with huge potential.

Given meme coins are community-driven projects, Wall Street Memes stands out as the best crypto coin to buy. Looking ahead, its team’s track record and its vast community provide everything it needs to thrive.

Meme Coin Price

Now, let’s look into the factors that drive the prices of some of the best meme coins to invest in.

Volatility

Believe it or not, volatility is the primary driver for meme coins. Investors are enamored with the fact that they can put small amounts of money into an asset, and its value could balloon by multiples in just days.

It has happened many times and investors are constantly searching for the next meme coin to explode.

Social Media Hype

As explained earlier, the entire point of meme coins is to get hype from a broad community of people.

Dogecoin blew up because Crypto Twitter began talking about it partly because of Elon Musk’s tweets, then that awareness and hype spread into the mainstream.

DOGE remains one of the most valuable coins in the market and the same happened with Shiba Inu.

For most meme coins, it is important to always look at their social media mentions and what people are saying. This way, you get to know the market’s pulse about the coin.

Price Bargain

Another huge factor that drives the value of a meme coin is relative affordability.

Compared to established assets like Bitcoin (BTC) and Solana (SOL), meme coins are pretty cheap. DOGE still trades around $0.06 today, and other meme coins are even cheaper to buy.

Investors with nothing to lose will feel confident spending money on meme coins because they’re usually priced low. So, whatever happens, their portfolios are relatively fine.

Where to Buy the Best Meme Coins

Key Points

• Using crypto exchanges to find meme coins
• Access coins not listed on centralized exchanges through DEXes like Pancakeswap and Uniswap
• Verify contract addresses on the coin’s official website

If you would like to find meme coins, we recommend that you use a crypto exchange. These platforms specialize in facilitating crypto trades, offering access to the entire market from the comfort of your home.

Some meme coins that are yet to be listed at larger centralized crypto exchanges, such as Floki Inu, can be found on decentralized exchanges (DEXes) like Pancakeswap and Uniswap. Be careful when using those – visit the official website of the coin to get the right contract address.

How to Buy the Best Meme Coins

If you would like to find some of the best meme coins for 2023, there are a range of places you can access them. To sign up for a trading platform, follow these simple steps:

Sign Up

Go to the home page of your chosen trading platform and fill in the sign up form. Enter your email and password, and confirm your email address.

Verify Your Identity

When you use a regulated broker, you’ll be required to complete identity verification to access all of its features. Go through the ID verification process, which will require you to submit proof of ID and address, such as passport and bank statements or utility bills.

Deposit Funds

Next, find the “Deposit” prompt and click on it. Different trading platforms will have different funding options, such as debit and credit cards, transfers, and e-wallets.

Choose your preferred payment method and fund your account with the minimum requirement.

Buy Your Coin

Finally, go to the search bar and search for the coin you’d like to buy. Once you find it, follow your chosen platform’s process to buy the coin or open a trading position. Your coin will be added to your portfolio on the platform.

Conclusion

Meme coins are all the rage for sure and the best meme coins offer a great deal of potential for gains, and could make you a fortune pretty quickly – however, finding the right asset can be time-consuming due to the sheer number of meme coins projects that pop up regularly.

There is also the need to avoid scam projects which are, unfortunately, more often associated with meme coin projects than any other.

Based on its explosive start and team track record, Wall Street Memes is our pick for the best meme coin. We found its links to Elon Musk, and its one million follower community give it the greatest upside potential.

The $WSM token presale, which is due to close on September 25, has now raised more than $25 million in its presale – the project also offers staking rewards, with the current APY around 55%.

The WSM IEO, which is expected to take place on a tier-1 centralized exchange, has not yet been confirmed but is one of the most anticipated of the year.

Wall Street Memes (WSM) - Newest Meme Coin

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• Community of 1 Million Followers
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References

• https://www.reuters.com/technology/cryptoverse-every-frog-has-its-day-pepe-pops-7000-2023-05-16/
• https://www.investopedia.com/meme-coin-6750312
• https://www.thenationalnews.com/business/money/2023/05/15/how-bitcoin-bulls-tripped-on-a-frog-amid-pepe-meme-coin-frenzy/
• https://www.reuters.com/legal/elon-musk-is-accused-insider-trading-by-investors-dogecoin-lawsuit-2023-06-01/
• https://www.reuters.com/legal/elon-musk-seeks-end-258-billion-dogecoin-lawsuit-2023-04-01/
• https://coinmarketcap.com/currencies/dogecoin/
• https://www.statista.com/statistics/1271617/shiba-inu-daily-market-cap/
• https://www.theguardian.com/technology/2021/may/11/goldman-sachs-executive-quits-after-making-millions-from-dogecoin
• https://coinmarketcap.com/view/memes/
• https://www.dextools.io/app/
• https://www.bbc.com/news/business-59129466

FAQs on Best Meme Coins in 2023