10 Best Meme Coins to buy in May- June 2022 | Next Crypto that will explode in 2022
In the crypto world, meme coins are all the rage. These cryptocurrencies have swept the globe, with well-known public personalities endorsing their long-term sustainability. Even though there are thousands of possibilities, finding the best meme coins to buy can be difficult.
Keeping this problem in mind, we have come up with some of the best meme coins to buy in May-June 2022.
Top 10 meme coins
Here are the best meme coins that you can buy for getting in the luck of being an overnight millionaire ( Do your research before investing, Not financial advice). Let’s take a look at these coins.”
Dogecoin – The king of Meme coins
Dogecoin is our top pick for the best meme coins to invest in overtime. Dogecoin was created in 2013 as a parody of the rapid emergence of alternative currencies (altcoins) following Bitcoin’s success. Since then, Dogecoin has exploded into a valuable crypto asset for its owners.
However, Elon Musk, the CEO of Tesla and a crypto enthusiast, plays a vital role in Dogecoin’s rise. He collaborates with Dogecoin developers to improve transaction speeds, and he is constantly tweeting about the token. That was enough to drive the DOGE/USD exchange rate soaring. Tesla’s CEO has even stated that his company will take Dogecoin as payment for items.
As a result, Dogecoin’s price is rising due to various external reasons. Certain upgrades, on the other hand, will instill confidence.
Shiba Inu – Queen of Meme coins
Shiba Inu (SHIB) is a cryptocurrency created back in 2020 by an anonymous developer named Ryoshi. So far, Shiba Inu has had a crazy ride. In many aspects, SHIB is attempting to follow Dogecoin’s lead in establishing a community through social media. So far, the technique is effective. In 2021, the coin’s market capitalization surpassed Dogecoin’s for a brief period. At the start of the year, SHIB was worth $0.000000000077. However, the coin did not catch the interest of many people at the time. However, a recovery in May gave Shiba Inu a much-needed lift, allowing it to secure its position. In October, the SHIB coin reached an all-time high of $0.00008616 and a market capitalization of $40 billion. Shiba was trading at $0.00003407 at the end of December.
Unlike other coins, their success is based on the amount of engagement they can create rather than any real utility or use case. Investing in bitcoin through memes is a fun method to do so. The most significant factor for determining a meme coin’s success is the amount of involvement or attraction it creates. It can be through a famous actor or overhype on social media because of a funny name.
Donelon Mars – The ELON coin
As discussed above, the attention a coin creates raises its value. It can be from an attractive name (like this one) or a famous person promoting it to another level and manipulating the crypto market (Elon Musk).
Among crypto enthusiasts, the Dogelon Mars is a popular meme coin. Due to its rapid surge in value, it has quickly become one of the most sought-after coins on today’s cryptocurrency exchanges. The rationale is understandable. Elon Musk has been generating news for years, and it appears that he has finally discovered his true calling. Tesla’s (and SpaceX’s) chief executive officer is an electric vehicle visionary and a crypto enthusiast.
Musk has mentioned sending Dogecoin “to the moon” on several occasions, and his company, SpaceX, is working on space travel. As a result, some people decided to gather everything together. Donelon Mars is a mix of Dogecoin, Elon Musk, and Mars.
Doge Dash — The digital game
Since the 1970s, the video game industry has thrived. Unfortunately, people didn’t pay attention until a pandemic hit. DogeDash is a play-to-earn (P2E) game heavily influenced by the Super Mario and Sonic games of the 1990s. Players must sprint while collecting coins along the way.
DogeDash’s primary goal is to get more people into the crypto gaming market by bringing back fun and nostalgia for early players who want to relive their childhood memories. DogeDash was started by crypto enthusiast Paul and is backed by a young development team.
Gaming Doge– The DOGECOIN Game
GamingDoge is a meme coin that strives to be more than just meme money, inspired by the popularity of DOGE. The coin brings together DOGE fans and gamers.
The coin’s creators hope to create an ecosystem that includes an exchange, an NFT marketplace, and NFT Games as a one-stop shop for gamers. Eventually, they grow into the crypto world’s largest community. The coin aspires to be a “lighthouse” for gamers on the Defi system. It has a market capitalization of almost $2.5 million.
Gamers —- The meta coin
Gamers are the new home for the metaverse social economy and gaming NFT. The fragmented NFT gaming ecosystem is unified via cross-chain, cross-domain, and cross-verse solutions.
Gamers is a meme coin with potential real-world applications. The Gamers platform’s cryptocurrency seeks to be the go-to location for gamers, both socially and as a marketplace for trading NFTs. Over the last two weeks, Redditors also have flocked to the currency, making it one of the most talked-about meme coins on the site.
The Gamers social network, which will serve as the foundation for the marketplace developed by the founders, already has features like groups, live feed, and direct chat.
At the end of the third quarter of 2021, 16 hedge funds in Insider Monkey’s database held holdings in MicroStrategy Incorporated (NASDAQ: MSTR) worth $181 million, compared to the same number of funds owning stakes in MicroStrategy Incorporated (NASDAQ: MSTR) worth $91 million the previous quarter. So it is worth investing in and can become the next Dogecoin.
Safe moon — Way to the Moon
The Safe moon (SAFEMOON) is a March 2021 meme currency. It generated a lot of buzzes and overhyped on social media, but things have slowed down since then. On the Binance Smart Chain, it is a BEP20 token. It’s also odd in a world where cryptocurrencies aim to lower transaction fees to encourage trading because it taxes sellers, thus penalizing users who trade the token.
SafeMoon also released a new version of the token, SafeMoon V2, in December 2021. The new cryptocurrency promises to consolidate the original by a factor of 1000, lowering transaction costs dramatically.
However, SafeMoon is a risky investment due to its extreme volatility because the price can swing substantially up and down. While this is true of any cryptocurrency, if you sell SafeMoon, you will lose not just your investment but also an additional 10% in selling fees.
Floki Inu — Dog themed meme coin
It was founded in June 2021 and is named after Elon Musk’s Shiba Inu dog, Floki.
Loki’s price has increased by nearly 1,800% since its inception. However, it has a lot of potential in 2022, and we believe it will hit the moon!
In terms of market value, the creators of the dog-themed coin hope to surpass both DOGE and Shiba Inu. Although nothing is known about the coin’s creators, they are thought to have been active members of the Shiba Inu fandom and community on Reddit.
Floki is a cryptocurrency that works on the Ethereum blockchain, and its supporters are known as Floki Vikings.
However, its price history and characteristics appear to be an excellent meme currency to invest in. For example, in the third quarter of 2021, 83 hedge funds in Insider Monkey’s database held holdings in NVIDIA Corporation (NASDAQ: NVDA) worth $10 billion, compared to 86 in the previous quarter at $9 billion.
Hoge Finance —- Top Meme coins
Hoge Finance, previously known as Hogecoin, is a Defi auto-staking ERC-20 currency created by the community. The meme staking cryptocurrency is deflationary, having a hard cap of just 1 trillion HOGE coins in circulation at any given time.
When it was launched in early 2021, over half of its token supply was burned. The meme cryptocurrency even goes to burn 1% of all transactions carried out on the network.
The remaining 1% is dispersed evenly among all HOGE token wallets. The company managed to give a supply of 1,000,000,000,000 coins when it initially began operations, with over 500 billion of them being irreversibly burned at launch. They also ensured that they wouldn’t run out of resources very soon, with a total of over 1,000,000,000,000 tokens on the market.
Each purchase of a single Hoge coin costs $0.000100, with a total return rate of 2.63 percent. While this may not appear to be much, keep in mind that the coin was just recently created, and many individuals have already invested considerably in it.
Wakanda Inu ——- Not the real Wakanda
Wakanda Inu (WKD) is the first meme coin in Africa. The coin, which was created in November 2021, has gained popularity. Wakanda Inu is a digital meme token representing the best parts of what it means to be alive — truly alive as a community – daily.
WKD has increased by 20% since its launch two months ago. That’s certainly not awful. According to the coin’s developers, more heat is on the way, so we’re excited about this one. The purpose of this meme token was to put Africa on the map.
Asians created and may have forced a native African meme token into global consciousness to compete with other meme tokens.
Here is a short overview of all the cryptocurrencies that we have discussed. Make sure you have done complete research before investing in these cryptocurrencies.
- Shiba Inu – Queen of Meme coins Shiba Inu is a cryptocurrency created in 2020 by an anonymous developer named Ryoshi.
- Dogelon Mars – The ELON coin As discussed above, the attention a coin creates raises its value.
- Among crypto enthusiasts, the Dogelon Mars is a popular meme coin.
- Gaming Doge- The DOGECOIN Game GamingDoge is a meme coin that strives to be more than just meme money, inspired by the popularity of DOGE. The coin brings together DOGE enthusiasts and gamers.
- Floki Inu – Dog-themed meme coin It was founded in June 2021 and is named after Elon Musk’s Shiba Inu dog, Floki.
- The meme staking cryptocurrency is deflationary, having a hard cap of just 1 trillion HOGE coins in circulation at any given time. One of the best investments that you can count on in next years
- Wakanda Inu — Not the real Wakanda, Wakanda Inu is the first meme coin in Africa.
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