Top Meme Coins To Invest In For A Massive Return In Q3 2023
With their unique branding and marketing techniques, meme coins, a new sort of cryptocurrency inspired by well-known memes, have taken the cryptocurrency world by storm. It might be difficult to ascertain what factors contribute to a meme coin’s success and to pinpoint the ones that have the potential to experience the next significant pump. The meme currency market has already seen numerous exciting occurrences as the halfway point of the year approaches. Given that Q3 is rapidly approaching, timing is essential. It’s important to note that meme coins are now leading the pack of cryptocurrencies that demand attention.
- The most widely used meme currency available at the moment is Dogecoin (DOGE). Despite being first developed in 2013 as a joke, it has a sizable following as a result of its distinctive branding and marketing initiatives. Dogecoin has a 1,244,231 social volume and a 22,030 social engagement score. The market figures for Dogecoin during the last week have been spectacular, with a market valuation of US$47.6 billion, a trading volume of US$30.7 billion, and price performance of 38.6%.
- Another well-known meme coin in the blockchain industry that seeks to compete with Dogecoin is called Shiba Inu (SHIB). Its main objective is to unseat Dogecoin as the leader in the market for meme coins. Therefore, its accomplishment is essential to achieving this ambitious goal. With a sizable following, it provides a variety of services, including a Decentralized Exchange (DEX), Non-Fungible Token (NFT) collection, Metaverse, and more. Shiba Inu has a social volume of 1,027,707 and a social engagement score of 28,125, according to statistics from Lunarcrush. With a market capitalization of US$7.6 billion, a trading volume of US$11.9 billion, and a price performance of 23.8% during the previous week, Shiba Inu has displayed amazing stats.
- The key center for all transactions inside the Dogemiyagi ecosystem will be the future meme currency Dogemiyagi (MIYAGI). It will enable peer-to-peer cryptocurrency exchanges, international payments, the purchase of Dogemiyagi NFTs, network administration, and more. The Dogemiyagi project is based on the Ethereum Blockchain, making it not just well-known but also comprehensive and green. It is also completely decentralized, safe, and community-driven. The Killer Swap Machine and Dogemiyagi NFTs are the two key elements that Dogemiyagi offers. The creators of Dogemiyagi are now working on a new project in addition to the Killer Swap Machine to build an exclusive NFT club that provides members with an immersive experience and access to exclusive privileges.
- Based on our analysis, Love Hate Inu is yet another of the top meme tokens to buy. With just 10 days before its initial coin offering, the wider market appears to agree, as more than US$1.2 million in capital has already been obtained. The project is already one of the top cryptocurrency presales of 2023 and is creating a lot of buzz in the industry. Investors are thrilled by the project’s tremendous potential as well as its core idea, which is a first for Web3: vote-to-earn.
- One of the most recent meme currencies to enter the cryptocurrency market is Tamadoge. The concept draws inspiration from the meme coin’ craze, but it also has a play-to-earn ecosystem that includes the primary Tamadoge game, five arcade-style games, and even an augmented reality app, which makes it likely to stand apart. The meme coin TAMA, which rocketed 1,900% from its presale price in late 2022 and has since been a top 5-10 meme coin by daily trading volume, powers the metaverse-integrated gaming environment, one of the greatest metaverse initiatives in the field.
