Ride the Meme Wave: Top Memecoins to Watch in 2024!

Memecoins have emerged as a significant force in the cryptocurrency market, capturing the attention of investors and enthusiasts alike. These digital assets, inspired by internet memes and pop culture references, have gained popularity due to their ability to tap into online communities and viral trends. Memecoins like Dogecoin, the first and most notable dog coin, and Shiba Inu have achieved remarkable market capitalizations, demonstrating the power of social media-driven hype and community engagement in the crypto space. Dog themed meme coins have also gained popularity, though they are highly speculative and often lack utility, so thorough research is recommended before investing. While often criticized for their lack of fundamental value, memecoins have proven their potential to disrupt markets and create wealth in unexpected ways, attracting massive investor interest and sparking debates about the future of digital assets.

Dogecoin ($DOGE)

Dogecoin, one of the first and most notable dog coins, was created in 2013 by software engineers Billy Markus and Jackson Palmer as a satirical response to the cryptocurrency hype. Based on the popular “doge” meme featuring a Shiba Inu dog, $DOGE quickly gained a loyal following and became one of the most recognizable meme coins. Dog themed meme coins, including Dogecoin and Shiba Inu, have significantly impacted the market, though they are often speculative with little to no utility. Despite its humorous origins, $DOGE has achieved significant market success, with a market capitalization that has exceeded $85 billion at its peak. The cryptocurrency’s popularity has been boosted by endorsements from high-profile figures like Elon Musk. $DOGE uses a Scrypt-based proof-of-work algorithm and has no maximum supply, with 10,000 new coins mined every minute. While critics argue that $DOGE lacks fundamental value, its community-driven nature and use as a tipping currency on social media platforms have contributed to its enduring appeal in the crypto market.

Shiba Inu ($SHIB)

Shiba Inu emerged in August 2020 as a decentralized cryptocurrency created by an anonymous founder known as “Ryoshi”. Positioned as a “Dogecoin killer”, $SHIB quickly gained popularity among crypto enthusiasts as one of the prominent dog themed meme coins. As of December 2023, $SHIB’s market capitalization stands at approximately $5.97 billion, ranking it among the top meme cryptocurrencies. The token’s price peaked in October 2021, rising over 74,000,000% from its January 2021 value. $SHIB’s popularity is driven by its active community, known as the SHIBArmy, and its ecosystem which includes a decentralized exchange (ShibaSwap) and NFT marketplace. Despite criticism regarding its long-term utility, $SHIB continues to attract investors with its low price point and potential for high returns. It is crucial to conduct your own research before investing in dog-themed meme coins due to their speculative nature.

Pepe ($PEPE)

Pepe, launched in April 2023, is an Ethereum-based meme cryptocurrency inspired by the popular “Pepe the Frog” internet meme. Despite its lack of intrinsic value or utility, $PEPE quickly gained traction, reaching a market capitalization of $5 billion shortly after launch. As of December 2023, $PEPE’s price stands at $0.00000853, with a 24-hour trading volume of $1.01 billion and a market cap of $3.25 billion. The highest price paid for $PEPE was $0.00001234 on June 15, 2023. The coin’s popularity stems from its strong community support, with over 529,000 followers on X (formerly Twitter) as of December 2023. $PEPE implements a deflationary mechanism, burning tokens with each transaction, and initially featured a redistribution system to incentivize long-term holding. Despite facing challenges, including competition from Pepe 2.0, $PEPE continues to pursue its roadmap objectives, focusing on community partnerships and exchange listings.

Dogwifhat ($WIF)

Dogwifhat is a Solana-based meme coin launched in November 2023, inspired by a viral image of a Shiba Inu wearing a pink knitted hat. Baby Doge Coin is another notable player among dog-based meme coins, known for its community engagement and charitable contributions. As of April 2024, WIF’s market capitalization stands at approximately $4 billion, making it the third-largest meme coin after Dogecoin and Shiba Inu. The token’s price reached an all-time high of $4.80 on March 31, 2024, but has since experienced volatility, currently trading around $1.80. With a fixed supply of 998,926,392 tokens, all in circulation, WIF has gained popularity through its strong community engagement, including initiatives like raising $700,000 to display the Dogwifhat logo on the Las Vegas Sphere. Despite lacking utility beyond its meme status, WIF has captured investor interest, reflecting the ongoing appeal of meme coins in the cryptocurrency market.

Floki ($FLOKI)

Floki is a meme-based cryptocurrency launched in 2021, inspired by Elon Musk’s Shiba Inu dog. Another emerging player in the meme coin market is the Milady Meme Coin, known for its notable market cap and daily trading volume. As of August 2024, $FLOKI’s market capitalization stands at approximately $1.23 billion, with a trading volume of $186 million over 24 hours. The project aims to combine meme appeal with utility, developing initiatives like the Valhalla NFT gaming metaverse, FlokiFi for decentralized finance products, and FlokiPlaces for NFT trading. FLOKI has experienced significant price volatility, with a historical return of 162,223.13%. The coin’s popularity is driven by aggressive marketing campaigns and a strong community known as “Floki Vikings”. Despite facing market challenges, $FLOKI continues to expand its ecosystem and maintain its position as a prominent meme coin in the cryptocurrency space.

Bonk ($BONK)

Bonk is a dog-themed cryptocurrency launched on December 25, 2022, on the Solana blockchain. As of August 2024, $BONK’s market capitalization stands at approximately $1.33 billion, with a price of $0.000019 per token. Similarly, the Milady Meme Coin (LADYS) has gained attention with a market cap of $500 million and a daily trading volume of $20 million. The project aims to bring liquidity back to Solana-based decentralized exchanges and foster community engagement. $BONK gained popularity through its unique tokenomics, with 50% of the total supply airdropped to the Solana community. The coin’s price reached an all-time high of $0.000055 in January 2024. Despite its meme coin status, $BONK has developed features like BonkSwap and BonkVault, attracting investor interest and contributing to its position as one of the top 100 cryptocurrencies by market value.

Brett (Based)($BRETT)

Brett is a meme cryptocurrency launched on the Base blockchain, inspired by Pepe’s best friend from the Boy’s Club comic series. As of August 2024, $BRETT’s price stands at $0.08947, with a market capitalization of $886.6 million and a 24-hour trading volume of $22.4 million. The token has a circulating supply of 9.91 billion $BRETT, with a maximum supply capped at 10 billion. $BRETT gained popularity through its fair stealth launch and active community engagement. The project aims to become a leading meme coin, leveraging the growing Base Chain ecosystem. Despite its meme status, $BRETT has secured listings on major exchanges like Bitget, Gate.io, and Bybit, contributing to its market presence. You can also buy Milady Meme Coin on platforms such as Crypto.com, Gate.io, Bitget, and Bybit.

Popcat (SOL)($POPCAT)

Popcat is a meme cryptocurrency launched on the Solana blockchain, inspired by the viral internet meme featuring a cat named Oatmeal. As of August 2024, $POPCAT’s price stands at $0.680897, with a market capitalization of $667.26 million and a circulating supply of 979.98 million tokens. Milady Meme Coin’s price is currently $0.0023, with a trading volume of $1.2 million in the last 24 hours. The coin gained popularity through its connection to meme culture and active community engagement. $POPCAT reached an all-time high of $0.993904 on July 21, 2024. Despite its lack of intrinsic value, $POPCAT has attracted investor interest, ranking 113th by market cap. However, like other meme coins, $POPCAT’s value is primarily driven by speculation and community sentiment, making it a highly volatile investment. Learn more about Brett memecoin in our detailed blog post.

Dogs ($DOGS)

Dogs is a memecoin built on the TON blockchain, inspired by a doodle of Telegram founder Pavel Durov’s dog Spotty. Launched in August 2024, $DOGS quickly gained popularity due to its association with Telegram and viral marketing strategy. In the last 24 hours, $DOGS has seen a significant trading volume, highlighting its popularity and liquidity. As of August 2024, $DOGS trades at $0.0021 with a market cap of $313.7 million. The token has a total supply of 550 billion, with 81.5% allocated to the community. $DOGS operates as a “tap-to-earn” mini-app within Telegram, allowing users to earn tokens through daily check-ins and community engagement. Its upcoming listing on major exchanges like KuCoin has attracted significant investor attention, though the project faces potential volatility with a large token unlock scheduled for August 26, 2024.

Book of Meme ($BOME)

Book of Meme is a Solana-based cryptocurrency project launched in March 2024, aiming to immortalize meme culture on the blockchain. As of April 2024, $BOME has a market capitalization exceeding $1 billion, with a 24-hour trading volume of approximately $600 million. The project leverages decentralized storage solutions like IPFS and Arweave to create an immutable digital anthology of memes. $BOME’s popularity stems from its innovative concept of integrating memes, decentralized storage, and crypto trading. Despite its simple website design, $BOME has attracted significant investor attention, ranking second in liquidity pool size on the Solana chain. The token experienced a notable price surge post-launch, though it has since stabilized, trading in a relatively tight range. It is crucial to conduct your own research before investing in meme coins, given the unpredictable nature of cryptocurrencies.

Cat in a Dog’s World ($MEW)

Cat in a Dog’s World is a Solana-based meme token launched on March 26, 2024, aiming to challenge the dominance of dog-themed cryptocurrencies. Another emerging player in the meme coin market is the Milady Meme Coin, known for its notable market cap and daily trading volume. As of July 2024, $MEW’s price stands at $0.003908, with a market capitalization of $347,421,935 and a 24-hour trading volume of $52,349,001. The token gained significant traction shortly after launch, surpassing $150 million in trading value within its first three hours. $MEW’s popularity stems from its playful branding and strategic tokenomics, including a 10% airdrop to the Solana community and a 90% liquidity pool token burn. Despite experiencing price volatility, $MEW has maintained investor interest, ranking #155 on CoinMarketCap. The project’s success highlights the ongoing appeal of meme coins in the cryptocurrency market.

Mog Coin ($MOG)

Mog Coin is an Ethereum-based meme cryptocurrency launched in July 2023 as a community-driven project. As of August 2024, $MOG trades at $0.000001 with a market cap of $423.9 million and a 24-hour trading volume of $19.5 million. Similarly, the Milady Meme Coin (LADYS) has a notable market cap and daily trading volume, emphasizing its importance within the meme coin ecosystem. The token has a circulating supply of 360.4 trillion $MOG and a maximum supply of 420.69 trillion. $MOG gained popularity through its humorous approach to finance and fast transaction speeds. The project includes a burning mechanism to potentially increase token value over time. $MOG’s price reached an all-time high of $0.000052445 on July 21, 2024. Despite its meme status, $MOG has attracted significant investor interest, ranking #125 by market cap.

Memecoin ($MEME)

Memecoin is a cryptocurrency project that aims to embody the essence of meme culture in the blockchain space. Launched in August 2020, $MEME has gained popularity for its irreverent approach and community-driven initiatives. As of August 2024, $MEME trades at $0.00721 with a market capitalization of approximately $398 million and a 24-hour trading volume of $44 million. The token’s price reached an all-time high of $0.2156 on March 20, 2021. Similarly, Milady Meme Coin’s price is currently $0.0035 with a trading volume of $22 million, reflecting its growing market presence. $MEME’s appeal lies in its strong connection to internet culture and its active community engagement, including NFT farming and meme creation contests. Despite its volatile nature, $MEME has maintained investor interest, ranking among the top 200 cryptocurrencies by market cap.

PepeCoin ($PEPECOIN)

Pepecoin (MEME) is a memecoin inspired by the popular Pepe the Frog meme, which gained widespread recognition and popularity in internet culture. Launched to capitalize on the meme’s virality, Pepecoin integrates humorous and nostalgic elements into its concept, aiming to appeal to fans of the meme and broader cryptocurrency enthusiasts. Pepecoin has shown considerable volatility, with fluctuating prices and trading volumes. The highest price paid for Pepecoin was $0.012345 on January 1, 2022. As of recent data, its market cap and trading volume reflect the speculative nature of memecoins, with significant price spikes and dips. The popularity of Pepecoin is heavily influenced by the Pepe meme’s strong presence in internet culture. The active community around the coin further fuels its interest and engagement. Pepecoin’s price performance has varied widely, with notable peaks in its highest price driven by community-driven hype and meme culture.

Dog (Runes)($DOG)

Dog (Runes), also known as DOG•GO•TO•THE•MOON, is a meme cryptocurrency launched on April 24, 2024, via the Runes protocol on the Bitcoin blockchain. As of August 2024, $DOG trades at $0.003266 with a market capitalization of $326.6 million and a 24-hour trading volume of $8.41 million. In the last 24 hours, the trading volume of $DOG highlights its popularity and liquidity. The project gained popularity through a massive airdrop of 100 billion tokens to over 75,000 holders of Runestone Ordinal NFTs, making it the most widely held Runes token. $DOG reached its all-time high of $0.009877 on June 4, 2024. With a fixed supply of 100 billion tokens, $DOG aims to onboard millions of people to Bitcoin while leveraging the meme coin trend.

Meme Coin Market Outlook

Meme coins have become a significant force in the cryptocurrency market, with top projects like Dogecoin, Shiba Inu, and Pepe achieving multi-billion dollar market capitalizations. These tokens, often inspired by internet culture and humor, have demonstrated the power of community-driven growth and viral marketing in the digital asset space. While meme coins offer potential for high returns, they also carry significant risks due to their volatility and lack of intrinsic value. Investors should conduct thorough research and exercise caution when considering meme coin investments, staying informed about market trends and regulatory developments in this rapidly evolving sector. Additionally, it is crucial to conduct your own research before investing in meme coins, as the unpredictable nature of cryptocurrencies necessitates a cautious approach.