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We now explore some of the best meme coins to buy based on the latest market movements and potential future bull runs.
The meme sector has witnessed the rise of Dogecoin, Shiba Inu, Pepe, and even a new entrant, Bonk. These tokens surged beyond imagination, yielding substantial returns for investors. After these popular meme coins rose to prominence, other meme coins followed in their path. Today, we spotlight three meme tokens that promise to become suitable investments for investors.
Best Meme Coins Now and New Meme Tokens ICO Calendar
Today’s analysis of the best meme coins to watch covers the likes of Baby Doge Coin, Kishu Inu, and Solabrador. It also takes a sneak peek at the new presale, Sponge V2, currently shaking the entire crypto market, having raised over $5 million in its presale. We will look into the recent activities, market trends, and other factors responsible for the uptrend in the price of these meme tokens.
1. Baby DogeCoin (BabyDoge)
Baby DogeCoin (BabyDoge) emerged from the Doge meme community in June 2021, aiming to support animal adoption. It uses a deflationary model, decreasing the total coin supply over time through a 10% transaction fee.
Furthermore, half of this fee is redistributed to BabyDoge holders, while the other half is sold and added as liquidity on Pancake Swap. Operating on the Binance Smart Chain, BabyDoge promotes community involvement through Proof of Staked Authority consensus.
BabyDoge goes beyond meme crypto, fostering a meme community promoting animal welfare. Its ecosystem includes a swap, aggregator, chess game, NFT collections, and partnerships with payment apps. It features a BabyDoge card and mobile app and integrates with e-commerce platforms. A charity wallet receives redistributions for donations to animal rescue.
Moreover, BabyDoge gained over 1.3 million token holders. The team’s roadmap includes efforts for pet charities, NFTs, and GameFi. BabyDoge reached a peak value of $0.000000007695 on July 4, 2021.
BABYDOGE trades on various exchanges, with PancakeSwap being popular. The BABYDOGE/WBNB trading pair on PancakeSwap (v2) has a volume of $34,942.05 in the last 24 hours. Other options include Deepcoin and OKX.
Next, BABYDOGE’s trading volume is $1,611,968, up 23.90% from the previous day, indicating increased market activity. Despite a -2.70% price decline in the last seven days, BabyDoge’s current price is $0.081196, with a 3.56% increase in the previous 24 hours. With a circulating supply of 150 Quadrillion BABYDOGE, its market cap is $174,761,109.
The #BabyDoge Community is proud to announce the launch of its "Token of Appreciation 2024" campaign, aimed at making a significant #BabyDogeImpact on animal rescue and welfare organizations.
This campaign exemplifies Baby Doge's dedication to making the world a better place for… pic.twitter.com/IYCmQqlc36
— Baby Doge (@BabyDogeCoin) January 18, 2024
Also, with a commitment to charity through a dedicated wallet, BabyDoge exemplifies its mission of supporting animal rescue and shelters. Despite a recent price decline of 2.80%, the coin’s diverse offerings and community-oriented initiatives make it an interesting consideration in the evolving crypto landscape.
These initiatives include the introduction of the “Token of Appreciation 2024” campaign. The campaign is focused on impactful contributions to animal rescue and welfare organizations.
Furthermore, the campaign emphasizes key highlights of donations, mobile units, and Baby Doge Yards. Within the BabyDoge ecosystem, there’s a swap, aggregator, chess game, NFT collections, and partnerships in payment and wallet apps.
2. Kishu Inu (KISHU)
Kishu Inu (KISHU), a dog-themed meme cryptocurrency, draws inspiration from Dogecoin (DOGE) and aims to transcend the meme coin realm. It distinguishes itself by relying on community donations rather than reserving tokens for the team. The mission is to empower the KISHU token as a genuine, community-owned, and long-standing currency.
However, unlike typical meme coins, Kishu Inu operates on the Ethereum blockchain as an ERC-20 token. The token draws inspiration from Dogecoin and Shiba Inu.
Again, Kishu Inu works on a deflationary model, redistributing a portion of each transaction to existing holders. This model encourages long-term holding, creating a passive income stream. The native cryptocurrency, KISHU, powers the Kishu Inu ecosystem and is used for transactions, staking, and community initiatives.
The tokenomics of Kishu Inu incentivizes holding, with a percentage of each KISHU transaction redistributed among all holders. Staking involves locking up KISHU tokens to earn rewards, contributing to network health and security.
KISHU tokens have various use cases within the ecosystem. These utilities include transactions on the KishuSwap decentralized exchange, staking for rewards, and participating in community governance.
With a maximum supply of 100 quadrillion coins, Kishu Inu gave 1% for burning in each transaction. It also airdropped 50% to holders, burned 45%, and allocated 5% to the development team.
Concurrently, Kishu Inu’s ambitious roadmap includes launching a decentralized exchange (DEX) and creating a metaverse. It also comprises a virtual reality space where users interact with Kishu Inu-themed characters.
Kishu Inu operates as a decentralized transactional network. It emphasizes community-driven decision-making and introduces next-gen concepts like NFTs and decentralized finance. The ecosystem includes:
- KISHU token.
- Kishu Swap (a Uniswap-powered DEX).
- Kishu Crate (an NFT marketplace).
- Kishu Paw Print (an app for token statistics).
- Kishu Swag (a non-profit merchandise store).
Tokenomics incentivizes holding, with transaction redistribution and staking offering passive income avenues. The distribution model involves burning, airdropping, and allocation to the development team. Future plans include launching a DEX and establishing a Kishu Inu metaverse for user engagement.
3. Solabrador (SOBER)
The SOBER token, a community-driven meme coin on the Solana Blockchain, departs from the Ethereum-dominated meme coin landscape. Known for its focus on community-driven initiatives and lower transaction fees, SOBER stands out as an efficient and scalable project built on Solana. As Ethereum-based meme coins experience a decline, Solana’s rise creates an opportune moment for robust meme coin projects like SOBER.
The project’s commitment to user-friendliness and affordability aligns with the accessibility ethos of meme coins. Furthermore, SOBER aims to foster a more inclusive and engaging experience for Solana ecosystem users. Further, it presents unique advantages of operating on Solana.
With a price of $0.000902 and a 24-hour trading volume of $288,956.99, SOBER represents a recent 0.75% increase and a -19.09% decline in the past seven days. This price uptrend makes it a noteworthy investment in the evolving cryptocurrency landscape.
4. Sponge V2 ($SPONGE V2)
Sponge V2 is gaining momentum as more investors participate in its relaunch. Per a post on X, SPONGE has achieved a significant milestone, with over 5.39 billion tokens staked, totalling $5.23 billion. These tokens were staked at an APY of 300%, each valued at $0.0009663, reflecting an 18% increase.
📢 Daily Staking Update!
Today, a staggering 4,705,172,778 $SPONGE tokens are staked, with a total value of $3,944,150.86! 🤯
Plus, our holders are enjoying an impressive 343% APY.
Don't miss out on these remarkable rewards! 🧽🧽🧽#AltSeason #SpongeV2 #Crypto pic.twitter.com/b4i7vD0uTY
— $SPONGE (@spongeoneth) January 12, 2024
With the migration and relaunch, users must re-stake their SPONGE tokens from the Version 1 staking pool to Version 2. Users purchasing tokens will also automatically have them staked in the Version 2 staking pool. Interested users can swap their USDT or ETH for $SPONGE or buy tokens using a bank card.
Furthermore, Staked V1 tokens will be exchanged for an equivalent amount of V2 tokens as a starting bonus. Introducing a Play-to-Earn (P2E) game model, Sponge V2 enhances utility within its ecosystem. Users can directly earn Sponge V2 tokens through gameplay, providing an engaging and rewarding experience.
However, it’s worth noting that Sponge V2 is unrelated to Nickelodeon or SpongeBob SquarePants but aims to carve out its unique identity. Early token purchasers may have an advantage as the price will increase after listing.
Learn More
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- SolidProof Audited - playdoge.io
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