The crypto bullish trend has played a huge impact on meme coins. Because of this bullish crypto market, the meme coin is growing faster than expected. In this list, we came up with the top 10 best meme coins with extreme growth potential to skyrocket in 2024.

In this blog post, we'll dive into the fascinating world of meme coins. We'll explore what they are, how they work, and why they've captured the imagination of investors worldwide. We'll also unveil some of the top meme coins to invest in 2024, from established players to exciting newcomers. Get ready to explore the wild world of meme coins.

What is a Meme Coin?

Bitcoin is the biggest of all cryptocurrencies. A cryptocurrency other than bitcoin is known as an altcoin, where some altcoins are themed around internet memes, which is why they are called meme coins.

Meme coins are the fun, quirky side of cryptocurrency. Imagine combining the hilarity of internet memes with the potential of digital assets, and you've got the essence of a meme coin.

These cryptocurrencies are typically inspired by popular internet jokes, online trends, or even funny animals like Shiba Inu Dog for Dogecoin.

However, it's important to remember that meme coins are a highly speculative investment. 

Some meme coins have experienced incredible surges in value, turning early investors into overnight millionaires. So, while meme coins should be approached with caution, they can add a dash of excitement to your crypto portfolio.

10 Best Meme Coins in 2024

Here are the 10 best meme coins that have huge potential to give you extraordinary profits in 2024.

Best Meme Coins
Market Cap
Price
Dogecoin
$26.00 Billion
$0.181
Shiba Inu
$15.83 Billion
$0.00002687
Pepe
$2.95 Billion
$0.00000702
Bone ShibaSwap
$169 Million
$0.7386
DogWifHat
$3.89 Billion
$3.90
Floki
$1.93 Billion
$0.0002022
Bonk
$1.5 Billion
$0.00002308
Memecoin
$414 Million
$0.03535
Myro
$224 Million
$0.2378
Wen
$234 Million
$0.0003218

Dogecoin (DOGE)

With a market cap of $27.29 billion, DOGE is the world’s biggest meme coin. It currently trades at around $0.1898 per token as of April 2024.

Dogecoin (DOGE) holds a legendary status in the crypto space. Created in 2013 as a joke by software engineers Billy Markus and Jackson Palmer, Dogecoin quickly gained a cult following with its Shiba Inu dog logo.

Despite its comedic origins, DOGE surprised everyone by becoming a legitimate cryptocurrency with a passionate global community. It even received endorsements from celebrities like Tesla owner Elon Musk, which sent its price soaring on multiple occasions.

Technically, Dogecoin is based on Litecoin's codebase, making it relatively fast and efficient for transactions. Unlike Bitcoin, Dogecoin has an unlimited supply, with new coins continuously mined.

Shiba Inu (SHIB)

Shiba Inu token is a decentralized cryptocurrency that was created in August 2020 by an anonymous person or a group of people under the name "Ryoshi."

Shiba Inu (SHIB) has a huge market cap of $15.91 billion, which makes it one of the most important contenders in the meme coin. It currently trades at around $0.000027 per token as of April 2024. SHIB has a circulating supply of 589.26T coins and a max supply of 999.98T SHIB

Shiba Inu is built on the Ethereum ecosystem, which makes it fast and efficient during every transaction.

Pepe (PEPE)

The PEPE meme coin has made a big splash since its launch in 2023. Which was developed by an anonymous user.

PEPE has a total circulating supply of 420.69T, with a market cap of an impressive $3 billion. PEPE has experienced a remarkable 62.51% price increase in the past month, which shows the potential of the PEPE coin, and as of today's market, it is currently trading at the rate of $0.00000713 in April. This makes Pepe one of the top meme coins to consider in 2024.

PEPE operates on the Ethereum blockchain, known for its speed and security. Interestingly, the project embraces its meme coin nature by having a transparently deflationary model with no taxes and not charging any fees or commissions to its users. It focuses on being a community-driven cryptocurrency.

Bone ShibaSwap (BONE)

Bone ShibaSwap (BONE) adds some serious utility to the meme coin world. It is not just a meme coin, it serves a unique purpose within the Shiba Inu ecosystem.

Bone (BONE) is a governance token for the ShibaSwap decentralized exchange (DEX) and runs on the Ethereum blockchain. It's an ERC-20 token that allows users to vote on proposals that affect the ShibaSwap ecosystem, and earn rewards for providing liquidity to the DEX.

As of April 2024, BONE boasts a circulating supply of 229,923,351 tokens, with a maximum supply set at 250,000,000. Which also has a market capitalization of $169.29 million and is currently trading at $0.7301 per token. Which makes it one of the best meme coins to consider.

DogWifHat (WIF)

DogWifHat (WIF) experienced rapid growth in early February, rising from $0.2 to more than $2 in a matter of weeks, with an astonishing growth rate of 1152%. Experts predict that DogWifHat (WIF) will increase by $5 due to the bullish market momentum.

As of today, the DogWifHat (WIF) price is $3.75 per token, it reached a high of $4.80 in early April and is now surging. This fall could be a good time for you to reinvest or take a position in WIF meme coins.

DogWifHat (WIF) has grown by 200% over the last month, with a circulating supply of 998 million WIF and a market capitalization of $3.71 billion. It may look attractive compared to the other meme coins, but it is also highly volatile, so investors may have to take caution when dealing with DogWifHat.

Floki (FLOKI)

Floki (FLOKI) is a meme coin that also serves as the utility token for the Floki Ecosystem. It began as a joke coin inspired by Elon Musk's Shiba Inu dog but has since evolved into a web3 project that includes NFTs, the Metaverse, and DeFi.

Floki has seen a remarkable 81.50% price increase in the last month, which demonstrates the growth potential of the Floki meme coin, and it is currently trading at the price of $0.0002102. It also has a massive market capitalization of $1.98 billion.

Folki meme coin is bullish, but it is extremely volatile, so investors should be cautious before investing in it. Folki is at the top of the meme coin sphere and is rated as one of the best meme coins to invest in 2024.

Bonk (BONK)

Bonk is a fun and utility meme coin built on the Solana blockchain. While it started as a playful meme coin featuring a cute dog mascot, Bonk has evolved into a social and utility token with a surprisingly robust presence within the Solana ecosystem.

Bonk's utility extends beyond its meme coin origins. You can use BONK to pay for NFT mints and participate in raffles on various Solana platforms. Some projects, like Solcasino.io, even allow you to gamble using BONK.

Bonk has a circulating supply of over 65.19T, and the market cap is at an impressive $1.5 billion. with a total supply of 93.53T. Which makes it one of the top meme coin contenders to invest in 2024.

Memecoin (MEME)

Memecoin (MEME) is currently trading at the price of $0.0397, which gives a whopping 46.96% returns in the past year. which is currently trading at slightly lower than the all-time high of $0.05424.

Memecoin (MEME) also has a good market capitalization of $465.68 million, with a total supply of 69 billion, with only 11 billion representing 15% of its circulation. The meme coin is ranked 163 in the crypto market with a trading volume of $369 million.

Based on the market trend and this meme coin's growth, you can see the potential growth in Memecoin (MEME) in the next 2 to 5 years.

Myro (MYRO)

Myro is currently trading around $0.2438 with a market cap of 230 million, which is a 9.9% decrease from the previous week, but according to experts' predictions, Myro is expected to reach the value of $0.55 by the end of the month April.

But when you look at the yearly returns, you will witness an astonishing 6175.32% increase. This shows the recent fall in value might be an opportunity for long-term investors.  

The Myro market has been bearish for the past few days, and it also has a high volatility level of 72%. which is higher than any other meme coin, so investing in Myro is a high risk. Do your proper research before investing in Myro.

Wen (WEN)

Compared to all the other meme coins, Wen has a market cap of $234 million with a daily trading volume of more than $106 million. Wen has a total supply of 728 billion, but the currently circulating supply is 628 billion, representing 63%.

For the past month, the WEN token has given 68.36% returns, which is currently trading at the price of $0.000301. but based on the market cap and trading volume, the WEN is highly volatile. But it also has huge potential to skyrocket in 2024.

Future of Meme Coins

The future of meme coins remains promising. While they offer the potential for high returns, their success hinges on factors like community engagement, developing utility, and enduring popularity. But in the long run, there are a few potential meme coins that are going to rule the market. Now you may have a question, which meme coin will explode?

According to expert’s predictions, Dogecoin, Pepe Coin, Shiba Inu, Meme Kombat (MK), SPONGE, Floki, and Bonk are a few potential meme coins that are going to explode sooner or later.

These are the popular opinions that are currently trading in the market.

But there are also a few exciting upcoming meme coins that also have the huge potential to rule the meme coin market

“Smog token and Kangamoon” are some of the upcoming meme coins that pull everyone's attention and might be the next big thing in the meme coin market.

Conclusion

These are all the expert's lists of the top 10 meme coins to consider in 2024, but before investing in these meme coins, doing your proper research or consulting with financial advisers is highly recommended. Carefully consider your risk tolerance and conduct thorough research before investing in any meme coin.

The world of meme coins looks promising in 2024. If you are an entrepreneur looking for effective meme coin development services to make your presence in the meme coin market, this is the perfect time for you.

At Maticz, we offer comprehensive blockchain development services. Our team of experts can help you craft your meme coin, complete with compelling, strong tokenomics and the technical foundation for success.

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