10 Meme Coins That Will Explode in 2023
Meme coins are a category of crypto to watch. They don’t get their worth from underlying principles, fundamentals, or standard valuation methods used to assign value to an asset. Instead, meme coins get their worth based on the community that supports them. In the past few years, several meme coins have skyrocketed to soaring highs. Their growth have opened the doors for investors to make a killing by embracing this new way to invest in cryptocurrency.
Here are the meme coins that will explode, as supported by the analysis and recommendations of crypto experts.
1. Shiba Inu (SHIB)
Shiba Inu was the most viewed token two years ago, and in 2021, more popular than Bitcoin or Ethereum. For the richest crypto investors, Shiba Inu has been a meme coin to watch. It serves a growing community, has several Metaverse initiatives building around it, and its value is set to increase based on expert predictions.
2. YooShi (YOOSHI)
YooShi runs on the Binance Smart Chain and is supported by several interesting initiatives. The YooShi Lab allows for new game and app creation. Its Play To Earn Guild Alliance allows users to earn money by playing games. This is more than just a token. There is a lot of talk about it, and YooShi’s community is attracting very positive attention.
3. Tamadoge (TAMA)
Tamadoge is a utility token of the Tamaverse. It is a new meme coin with a large trading volume. It’s one of the top meme coins by volume. TAMA will top out at a maximum supply of two billion tokens, helping to boost value long-term, but it’s still early days.
After a $19 million presale, Tamadoge saw a 550% increase from its list price. Tamadoge is set to grow later this year, so expects its prominence in the best crypto exchange Canada.
4. Mehracki (MKI)
Mehracki is a meme coin community-driven project built on Solana and designed to organize activities or initiatives with purely a feel-good tone. Mehracki’s creators want a system where active MKI token holders control the platform, allowing each to send amendments proposals and self-develop. There’s some strong momentum behind Mehracki pushing it into another year.
5. Dogecoin (DOGE)
Dogecoin was a revolution when it started. As an experiment in 2013, Dogecoin has since grown in popularity and become a serious asset. The cryptocurrency is expected to grow x10 by 2030, yielding a significant return for the crypto investor willing to wait for it to the peak. Fortunately, this meme coin’s price remains relatively low while still providing decent gains.
6. Baby Doge (BABYDOGE)
First launched in the summer of 2021, Baby Doge is supported by initiatives such as a pet charity, NFTs, GameFi, and more. Built off the Binance Smart Chain (BSC), Baby Doge is a meme coin probably best suited to long-term holding. It rewards its holders in the long-term by providing 5% from the 10% charged on trades, discouraging the pumping, dumping, and selling of it.
7. Monacoin (MONA)
Monacoin is a fairly older meme coin, first released in 2013. It is designed after a Japanese ASCII art identity that resembles a cat. Monacoin is built on Lyra2RE proof-of-work and is an open-source money transfer system utilizing peer-to-peer. A miner receives 25 tokens for every 90 blocks analyzed. Despite having stumbled in value over the past five years, analysts are still watching Monacoin.
8. Dogelon Mars (ELON)
Another dog-themed meme coin, Dogelon Mars, was built to resemble Dogecoin and Shiba Inu and to piggyback off their popularity. It has no fundamentals behind it.
However, this is another meme coin investors have pegged for growth over the next few years. Its value is currently low, making it an easy buy-in for someone who may not yet want to invest much in meme cryptocurrency.
9. Akita Inu (AKITA)
Akita Inu is one of the best meme coins for cross-chain interoperability. Based on the Ethereum network, Akita Inu is a decentralized community project with half of its token supply forwarded to Ethereum co-founder Vitalik Buterin and the rest in the hands of a UniSwap account for liquidity. Akita Inu has continued to expand with the Avalanche blockchain and is on an upward trajectory.
10. Doge Dash (DOGEDASH)
Doge Dash is a sort of spin on the meme coin. It’s predominantly a gaming and NFT ecosystem designed on the Binance Smart Chain, using a play-to-earn dynamic borrowing from 1990s-era Super Mario and Sonic. Players travel through the game, dashing along the way and collecting coins.
The goal of Doge Dash is to onboard users into crypto gaming while tapping into feelings of nostalgia and fun for gamers who came up in the 1990s.