11 Best Meme Coins to Buy in 2024

Meme coins are one of the most prominent trends to emerge in the crypto space. In simple terms, these digital tokens are cryptocurrencies that are built off of internet memes or ideas – often as a simple joke. 

Nevertheless, some meme coins have blown up in value, gaining multi-billion dollar market caps. In this guide, we will explore the best meme coins to buy in 2024. 

Best Meme Coins to Buy 2024

Those looking for the next big crypto investment opportunity might be interested in the best meme coins for 2024. 

Below, we list the top meme coins that have the potential to grow in value:

Top Meme Coins List 2024

1. Scotty the AI (SCOTTY) – Best AI meme coin project with over $800k already raised through ICO
2. Smog (SMOG) –  Popular new meme coin offering unprecedented Solana airdrops.
3. Sponge V2 (SPONGEV2) – New stake-to-bridge meme coin. Get 202% staking APYs. 
4. PEEN (PEEN) – New trending ERC-20 meme token with humorous twist.
5. Doge Uprising (DUP) – Inventive token presale that combines digital art and memes.
6. Poodl Inu (POODL) – Latest meme coin with over 9,000% staking APY in its presale.
7. Dogecoin (DOGE) – The original meme coin with a market cap of more than $11 billion. 
8. Shiba Inu (SHIB) – Meme coin known as the ‘Doge Killer’, $5.4 billion market cap.
9. Bonk (BONK) – Solana meme coin making a huge splash with 1,700% gain since launch.
10. Putin (PUTIN) – Newly launched meme coin up 95,000% in 24 hours.
11. Solama (SOLAMA) – Massive Solana meme coin with 4,500 token holders.

In the following sections, we will examine each of these meme coins, covering all essential information. This will ensure that an informed investment decision is made. 

Ranking The Best Meme Coins to Buy in 2024

There are hundreds of new meme coins competing in the crypto investment space, so it’s no easy feat for investors to select the best meme coins to buy for their portfolio.

Regardless, it is important that investors educate themselves about crypto meme projects before making an investment. Below, we have included our analysis of promising and popular meme coins that could perform well in 2024. 

1. Scotty the AI – Best AI Meme Coin Project With Over $800k Already Raised Through ICO

Scotty the AI ($SCOTTY) is an innovative crypto project merging advanced AI with blockchain. It aims to be the ‘Guardian of the Crypto Universe,’ focusing on fraud detection and safeguarding the integrity of blockchain transactions.

The platform uses sophisticated AI algorithms to analyze complex blockchain data, effectively detecting and neutralizing suspicious or fraudulent activities. 

At the heart of Scotty the AI is its native token, $SCOTTY, currently available to buy during the project’s presale. The token has a fixed supply of 1,734,567,890 and has no plans for additional minting to ensure its long-term value.

Also, investors in $SCOTTY can benefit from staking mechanisms, with over 346 million tokens set aside for staking rewards.

The upcoming ‘Scotty Swap’ launch will allow quick token swaps, improving the platform’s utility. Also an innovative chatbot using natural language processing is also in the pipeline, which will assist users with blockchain-related inquiries.

Scotty the AI shows its commitment to community trust by ensuring ERC-20 compatibility for ease of use and renouncing token ownership by the team. 

Following the presale, $SCOTTY is set to be listed on major exchanges like Uniswap and BitMart, potentially increasing its liquidity and market presence. Those interested in this AI crypto platform can enter the Scotty the AI Telegram channel for the latest updates and insights.

Visit Scotty the AI

2. Smog – Trending Meme Coin with Big Airdrop Incoming

Smog is one of the newest meme coins on the market, built on the Solana blockchain. In February 2024, $SMOG listed straight on the Jupiter decentralized exchange and now has a market cap of more than $265 million. 

In under 24 hours of its launch, $SMOG soared past a market cap of $28 million. Now, the token is up by 1201.11% from its all-time low of $0.02619.

The Smog developers state that this token has the potential to become the biggest coin on the Solana blockchain. Despite that, you can still buy $SMOG with ETH or USDT on the Smog website, and you can stake it for a 42% APY. To increase its community following – Smog is running one of the biggest airdrop crypto campaigns. 

From its 1.4 billion token supply – 490 million meme tokens will be offered to token holders via airdrops. Currently, those who buy and hold $SMOG can start earning airdrop points. Smog will also host quests and challenges – allowing the winners to increase their airdrop points. 

This meme coin has the potential to offer similar gains as Pepe – which also launched with a $2 million market cap. 

Currently, 15% of the token supply has been set aside for future CEX and DEX listings. Read the Smog whitepaper and join the Telegram channel to learn more about this cryptocurrency. 

Visit Smog

3. Sponge V2 – Stake-to-Bridge Meme Coin Offering High Staking Yields 

$SPONGE was one of the most popular meme coins in 2023 – combining its whimsical meme charm with its strong marketing strategies. Now, this popular meme coin is using the stake-to-bridge mechanism to introduce the Sponge V2 token. 

In 2023, investors saw $SPONGE move from just a $1 million market cap to nearly $100 million in a few months. Now, investors have another chance to capitalize off of this popular meme coin. On the newly launched V2 smart contract, V1 token holders can stake their holdings to earn an equal amount of V2 tokens. 

This is the only way of getting your hands on $SPONGEV2, ahead of its exchange listing. Those who do not hold Sponge V1 tokens can buy it on the website – and automatically stake their holdings. This meme token will offer a minimum of 40% in staking APYs through the smart contract. 

As part of its expansion process – $SPONGEV2 will be a playable token on a new play-to-earn platform. Sponge V2’s P2E racing game will allow players to access a free and paid ecosystem. The paid version will allow token holders to climb up an online leaderboard and earn $SPONGEV2 as rewards. 

Sponge V2 will look to capitalize on the popularity of $SPONGE V2- which has listed on top-tier exchanges such as MEXC and Gate.io. As part of its roadmap plan – the project aims to get listed on multiple CEXs in the coming years. 

Read the Sponge V2 whitepaper and join the Telegram channel to learn more about this project. 

4. PEEN – Newly Launched Meme Coin With A Fair Launch Strategy And High Growth Potential

Next on our list of the best meme coins is PEEN ($PEEN). It is a recently launched meme token on Ethereum with a total supply of 800,813,569 tokens.

With an initial price of $0.00062436, the token launched with an initial market cap of $500,000. It aims to blend humor with the opportunity for massive gains, especially for early buyers.

Launched as a high-impact, humorous project, $PEEN gets inspiration from mainstream pop culture references such as Seth from Superbad. By leveraging these nostalgic and playful ideals, $PEEN is set to bring in traders from diverse backgrounds.

Per the PEEN whitepaper, the platform’s roadmap, or “PEEN Map,” highlights the meme token’s long-term growth plans. $PEEN aims to reach a $100 million market cap in the final roadmap phase.

What distinguishes $PEEN is its commitment to a fair launch that gives everyone in the community equal access to all the $PEENs. The launch combined with the token’s potential for rapid growth and its relatable, humorous branding, positions $PEEN as a strong contender in the meme coin market for 2024.

You can enter the PEEN Telegram channel and follow it X (previously Twitter) to get the latest listing and other updates.

Visit PEEN

5. Doge Uprising – Best Storytelling-Based Meme Token 

Doge Uprising ($DUP) is a meme coin that is bringing something new to the overall industry. It is based around a particular story. In 2045, in a dystopian era, the planet is governed by Mark Zuckerberg in a surveillance-based world.

The only thing stopping Zuckerberg from taking complete control is a group of Doge Mechas, robotized machines that are designed to fight the forces of darkness and tyranny. Ultimately, led by Elon Musk, these forces win out to free the population. But soldiers are needed to man the $DUP-powered machines, or the battle will be lost. 

These soldiers are investors, who purchase the NFTs and pilot the machines. So investors can benefit from price appreciation, can purchase the NFTs, or can stake the ERC20 token for rewards, three means of ROI. This meme presale has also undertaken a rigorous smart contract audit from SolidProof, a reliable independent provider.

The Doge Mecha NFT, however, is more than a simple investment. It is a symbol of defiance to global surveillance. The NFT will be minted over Ethereum in the near future. This is a community led movement, and will be hosting multiple AMAs, as well as networking with world-renowned influencers in the Web3 space.

The price in the current presale stage is $0.000013, doubling to $0.000026 in the next stage. So early investment is clearly a better choice from the perspective of price appreciation. 

The token could also rise further when listed on Uniswap, after presale completion. There is a total token supply of 450 billion, of which 270 billion is allocated to the presale.

Users can learn more about this meme coin by looking through the Doge Uprising Whitepaper, and by joining the Telegram channel.

 

6. Poodl Inu – Latest Dog-Themed Meme Coin With Over 9,000% Staking APY

Poodle Inu ($POODL) is a new meme coin that rides the hype train of other dog-themed tokens like Dogecoin, Shiba Inu, Bonk and Dogwifhat. The main difference is you can buy $POODL in a token presale at discounted prices before listing on exchanges.

Moreover, there’s a generous staking APY of over 9,000% as of this writing, which can quickly fill your bags with more tokens. Of course, the APY won’t last for long – the more tokens are bought and staked, the more the APY will drop. Because of that, buying and staking as early as possible could be a prudent move, especially if you’re planning to buy the presale anyway.

To buy $POODL, connect your Ethereum wallet and use ETH, USDT or a card to make the purchase. You can buy with BNB coins as well, but it’s not recommended as you won’t be eligible to earn the staking rewards. Once the presale ends, claim your tokens.

Learn more about the presale on the Poodl Inu X profile or join the Poodl Inu Telegram channel.

 

7. Dogecoin – The Original Meme Coin

Dogecoin holds the title of being the ‘original’ meme coin. Created in 2013, Dogecoin was branded around ‘Doge,’ a Japanese dog breed named Shiba Inu. According to its founders, the coin was created as a joke, making fun of the frenzy surrounding cryptocurrencies at the time. 

Ironically, Dogecoin went on to become one of the most successful cryptocurrencies ever created. The token did not see any notable price action in its first few years, but by the end of 2020, Dogecoin quickly rose in popularity, fueled by the Reddit army. 

In 2021, along with the rest of the crypto market, the price of Dogecoin rocketed. The digital token hit an all-time high of $0.73 on May 08, 2021. Since then the token has endured huge losses and is currently trading for $0.07 – but is Dogecoin still a good investment in 2024?

Many investors also ask if it is too late to buy Dogecoin in 2024? Nonetheless, this cryptocurrency continues to be recognized as the most famous meme coin. In addition to this, the coin has also inspired thousands of other meme tokens – including those on this list.

Furthermore, Dogecoin is also widely accepted by online merchants across the world. At the time of writing, Dogecoin is trading at around $0.06 per token. The token can be purchased from popular online brokers and exchanges and we have a full guide on how to buy DOGE.

8. Shiba Inu – Best Meme Coin With Smart Contract Functionality

Following the success of Dogecoin, many other meme coins have performed well in the crypto market. At the forefront of this is Shiba Inu – a digital token that managed to succeed in mimicking the popularity of Dogecoin. 

This digital token was created in 2020 and has the Japanese hunting dog Shiba Inu as its Mascot. The digital token is built on top of the Ethereum network, and as such, it can operate alongside smart contracts. 

Is Shiba Inu a good investment? This is one of the reasons why many view Shiba Inu as a more attractive investment when compared to Dogecoin, its biggest competitor. On top of this, Shiba Inu is also compatible with a robust network of DeFi services and is available on numerous exchanges and social trading platforms.

These attributes allow the token to be easily integrated into other crypto ecosystems. When Shiba Inu was released, the digital token was priced at $0.00000000051. The token’s value spiked in October 2021, reaching an all-time high of $0.00008 – translating to an increase of over 15,000,000%. So is it too late to buy Shiba Inu? 

That being said, Shiba Inu is still trading for a tiny fraction of a cent. At the time of writing, a single Shiba Inu token is priced at around $0.000008. In other words, with just $100, investors can get over 80 million Shiba Inu tokens with the best crypto apps.

9. Bonk – Hot Solana Meme Coin Up 1,700% Since Launch

Bonk is a shiba inu-themed meme coin that launched on the Solana blockchain in February 2023. The token’s launch coincided – perhaps not accidentally – with the resurgence of the Solana blockchain over the course 2023. In the past year, Bonk is up a whopping 1,700% and Solana is up 376%, an enormous gain for a large-cap crypto.

Bonk is more than just a meme coin at this point. It’s listed on some of the world’s biggest exchanges, including Binance and Coinbase, so traders have been using it to bet on the future of the Solana ecosystem with leverage. In addition, Bonk has its own blockchain-based tools including BonkSwap and BonkBot. The project even has its own NFT collections.

Bonk doesn’t have a roadmap for the year ahead, so it’s difficult to say with any certainty what this meme coin will do next. However, time has shown that hot meme coins – especially ones with shiba inu themes – have surprising staying power.

We wouldn’t be surprised if Bonk is one of the biggest winners of the next crypto bull market, especially if the Solana ecosystem is able to keep up its momentum and attract more users.

10. Putin (PUTIN) – Newly Launched Meme Coin up 95,000% in 24 Hours

$PUTIN is a new Solana-based meme coin featuring an image of Vladimir Putin, the president of Russia. Putin is a controversial figure for a meme coin, especially in the US where Donald Trump recently praised the leader.

That controversy seems to have lit a fire under $PUTIN, as this is one of the most explosive meme coins of 2024 so far. Within 24 hours of hitting exchanges, $PUTIN is up an astounding 95,000%. 

This is still a small-cap meme coin, with a market cap of just over $500,000 and fewer than 750 holders. So, it remains to be seen whether the token can hold onto its gains.

Either way, the token likely has some momentum left in it. Most explosive meme coins grab the spotlight for several weeks, and $PUTIN has only been around for less than a day. 

11. Solama (SOLAMA) – Massive Solana Meme Coin with Fast-growing Following

Solama is another Solana-based meme coin that launched at the start of 2024. It quickly gained attention, in part because many investors are predicting that 2024 will be the year Solana gets back into its heated competition with Ethereum for the title of best smart contract blockchain.

Solama surged in value, gaining nearly 400,000% at the height of the coin’s initial post-launch pump. It’s since lost a lot of ground, but that’s relative – it’s still up more than 85,000% since launch just 6 weeks ago. 

Importantly, Solama has been able to match its growing market cap with a growing following. It now has more than 4,500 token holders, which is a sign that this meme coin is likely here to stay.

Solama recently launched a play-to-earn game and is offering merchandise. Both efforts are expected to further boost community engagement and provide additional incentives for meme coin enthusiasts to buy into $SOLAMA. The project is fully community-owned and has no transaction taxes.

What is a Meme Coin? 

Meme coins are digital tokens that become popular due to their association with online trends. Initially, meme coins were produced as a lighthearted joke, which was heavily influenced by internet ideas. 

Due to the nature of meme coins, they generally do not have any specific utility. Instead, the price of these meme coins is often influenced by social media, discussions on online forums, and even celebrity endorsements. 

As we noted above, Dogecoin was the first digital token to call itself a ‘meme coin’. Following its success, an explosion of meme coins began to appear in the crypto market. 

Some of these, such as Shiba Inu and Dogelon Mars, are well-known among crypto investors and can be easily accessed on the best P2P crypto exchanges. 

On the other hand, many meme coins have resulted in investors losing their money. For this reason, investing in meme coins comes with outsized risks as there is no way to predict how the market will move – even in the short term.  

8 Ways to Identify New Meme Coins

1. It’s community-driven. Meme coins often gain popularity through social media platforms, forums, and online communities. 
2. There’s a lot of social media hype around it. If you see a cryptocurrency being heavily promoted through memes and online discussions without clear fundamentals, it’s probably a meme coin.
3. It doesn’t have a real purpose. Most meme coins don’t have a well-defined purpose or technology behind them and seem to be focused more on marketing or entertaining users.
4. It has funny or quirky branding. Memes, Elon Musk, Japanese dogs – if it’s been in the public eye, someone’s come up with a meme coin for it.
5. You don’t know who is behind it. Meme coins may lack transparency about their development team or have an anonymous team, rather than one that has been doxxed. An undoxxed team can be a red flag for investors.
6. It’s very volatile – and you can’t tell what’s causing it. Meme coin prices are driven more by speculation and hype than by their actual value or utility, so they’re usually volatile without a clear reason why.
7. Its tokenomics are as weird as its branding. Unusual tokenomics, such as a large total supply, a high inflation rate, or other features that deviate from more traditional cryptos are common features of meme coins.
8. It has a short-term focus. Since they’re often based on a short-term phenomenon, such as a meme, their emphasis is often on quick gains instead of long-term sustainability.

Should I Invest in Meme Coins?

As is evident from our list of upcoming meme coins, only a handful of these tokens come with unique value propositions and many have sudden rises then fall and never return – this makes it even more challenging to figure out the best meme coins to buy. 

In the following sections, we will discuss why investors might want to consider meme coins. 

Meme Coins Could Produce High Profits 

As we have established, the majority of meme coins do not have any actual utility, unlike many of the top penny cryptos we have analyzed. Nevertheless, historically, a few of these tokens have produced some of the biggest moves seen in the crypto market. 

For example, in 2021, Dogecoin saw its price go from around $0.009 to $0.68 – translating to gains of over 7,000%. 

These extreme price shifts often happen due to the interest generated by supporting online communities. That being said, the price can also drop to extreme levels – when the frenzy and demand wanes. 

After reaching its all-time high in 2021, the price of Dogecoin dropped to around $0.17 by the end of 2021. This is why investors have to be extremely careful when risking their money on meme coins. 

Meme Coins Can Offer Utility 

Not all meme coins are based on the latest internet trends. Instead, some of the new crypto meme projects discussed today are also adding utilities to their ecosystem. 

For instance, take the case of Shiba Inu. This meme coin also integrates with smart contracts, which opens up a lot of possibilities.

Therefore, when looking for the best meme coins for 2024, investors no longer have to base their decisions on wild speculations. 

Rather, they can consider the top meme coins available in the market that offer utility. This way, it will be easier to identify coins that have the potential to grow in the future.   

Strong Community Backing 

When searching for the best meme coins to invest in, investors should attempt to find those with a large community support. As we have pointed out, the community can play a significant role in influencing the price action of a meme coin. 

Individuals in the community can help spread the news of the coin, encourage others to invest, or make a token go viral. As such, social media platforms and online forums such as Reddit are good places to spot meme coins that might explode. 

All that being said, there is no guarantee that a meme coin will increase in value exclusively due to its community backing. 

While there are one or two exceptions, it is a highly risky move to invest in a meme coin just because the project has a lot of followers on social media.  

Risks of Investing in Meme Coins

• Lack of utility – Most meme coins lack any real utilities, with only a few exceptions. The value of a new meme coin is often based entirely on the frenzy fueled by social media platforms, which can fizzle out as quickly as it appears. 
• Extremely volatile – All crypto is volatile to some degree, but meme coins, which rely almost entirely on social media hype and the community’s enthusiasm for it, are even more volatile and unpredictable than most.
• Potential scams – Many meme coin projects have turned out to be rug pulls – in other words, ventures where crypto developers abandon a project and run away with investors’ funds.
• Limited information on the development team – Meme coins may lack transparency about their development team or have an anonymous team, in contrast to reputable cryptos that are usually backed by identifiable development teams.
• Lack of regulation – Many meme coins operate in a less regulated environment compared to more established cryptos, making them a perfect breeding ground for malicious actors to manipulate markets and engage in fraudulent activities.
• Poor security measures – Many meme coins are much more concerned with marketing than security, and end up launching without having robust security measures in place. This opens them up to hacking and other security breaches, which puts investors’ funds at risk.

Investors should be extremely careful when looking for the best meme coins to buy for their portfolio. If investors manage to buy and sell at the right time, they might be able to make money from meme crypto coins – but they could also lose absolutely all the funds they invested. The best strategy would be to focus on cryptocurrencies that have strong fundamentals that are likely to stand the test of time. 

What Influences the Price of a Meme Coin?

As with any other investment, the price of cryptocurrencies is also influenced by the supply and demand in the market. 

However, in the case of meme coins, the factors that affect the general market sentiment are slightly different. 

For instance, since many meme coins do not have any particular utility, the market performance of these tokens is often dictated by speculation. 

To determine the next meme coin to buy, investors should look into its community as well as the influencers associated with the respective token.

Needless to say, popular influencers and a strong community can be viewed as positive indicators. 

Sometimes, discussions on online forums can lead to a meme coin going viral. When this happens, the community grows, interest piques, demand rises, and the price of the coin may go up. 

Similarly, even a tweet can affect the performance of a meme coin. 

For example:

• If we take the case of Dogecoin – its pricing swings often go hand-in-hand with the tweets or actions of Elon Musk. 
• In December 2021, Musk tweeted that Tesla would accept Dogecoin as a payment method. 
• Following this, the price of Dogecoin increased significantly. 
• However, soon after the buzz from the tweets dies down, the price also falls. 
• In fact, an investor has even filed a lawsuit against Musk for influencing the price of Dogecoin. 
• A more recent rise saw Musk change the Twitter logo to a doge – prompting a huge surge in price and then a dramatic drop.

All in all, if one thing is clear, it is that meme coins are notoriously volatile. One way to mitigate the risk is to get educated about the project and to diversify across multiple cryptocurrencies. 

Top Meme Coins – The Bottom Line

In this guide, we have discussed a list of meme coins, and how to find the next big meme coin that has the potential to grow in the future. We have also covered the benefits of buying meme coins and what risks to consider before investing, including the fact that they are driven more by in-jokes and trends rather than fundamental value or technology. 

Scotty the AI is our top-rated meme coin right now. As one of the top-trending AI-driven crypto projects, degens and crypto enthusiasts can buy and stake $SCOTTY tokens for 140% estimated rewards. Follow the link to explore Scotty the AI today!

Visit Scotty the AI

Top Meme Coins FAQs

What is a meme coin? 

Meme coins are digital tokens that are usually designed around a popular internet trend or an idea. These might pay homage to a meme or a celebrity. For instance, Dogecoin is inspired by the dog Shiba Inu. 

What are the top meme coins to buy right now?

The best meme coins to buy right now include Scotty the AI, Frog Wif Hat, Smog, and Sponge V2. Bear in mind that this list is based on the market trends at the time of writing. So, when choosing the best meme coins to buy, investors should always conduct independent research. 

What meme coin should I buy in 2024?

Those looking for the best meme coins to buy in 2024 should look for new tokens that are emerging in the market. Scotty the AI is a PoS meme token offering high staking rewards of 140% p/a. 

How do you invest in meme coins? 

The most popular meme coins can be purchased via online crypto brokers and exchanges. Newly launched crypto projects also allow investors to buy their meme coins directly via a direct presale launch. 

What is the best way to find new meme coins to buy?

One of the best ways to find the next meme coin that’s going to blow up is by consulting social media platforms and crypto subreddits. This is where community discussions regarding the best investment opportunities often take place. Investors can also check out crypto aggregators such as CoinMarketCap to find out when new meme tokens are launching in the market.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.