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We explore some of the best meme coins to buy now, recently listed on exchanges and featured on CoinMarketCap.
Meme coins faced challenges in the past 24 hours, witnessing a 2.51% and 5.2% slide for PEPE and BONK, respectively.
Best Meme Coins Now and New Meme Tokens ICO Calendar
However, despite this, Sponge V2 is gaining trader support. Its buy-and-stake campaign reached $1.9 million, hinting at a potential rally. A market-wide flash crash impacted crypto prices, particularly affecting leading meme coins like PEPE and Bonk, which saw double-digit drops.
While the broader market is on the path to recovery, PEPE and BONK remain in the red, with PEPE down 9.58% for the week and 10.35% for the month. Despite the downturn, some analysts view these declines as potential buying opportunities.
1. Pepe (PEPE)
Pepe (PEPE) operates as a deflationary meme coin on the Ethereum blockchain, paying homage to the famous Pepe the Frog internet meme from the early 2000s. PEPE is a distinctive meme-based digital asset. It stands out by adopting a no-tax policy and maintaining transparency about its lack of utility.
PEPE is an ERC-20 token on the Ethereum blockchain. It implements a redistribution system to reward long-term stakes, fostering commitment and stability. The burning mechanism periodically removes a portion of coins from circulation, ensuring scarcity despite the maximum supply.
The Proof-of-Stake (PoS) consensus mechanism on the Ethereum blockchain uses decentralized validators. They stake 32 ETH to process transactions and support the network. PEPE’s primary use case is being a digital asset. It is used for acquisition, holding, and exchange within the cryptocurrency community.
Furthermore, the project’s no-tax policy and straightforward approach as a meme coin contribute to its appeal. The redistribution system encourages stability and may attract users interested in holding the token for extended periods.
Launched as a tribute to the Pepe the Frog meme, PEPE gained popularity and a substantial market cap, creating a dedicated community. The anonymous founders garnered attention and built a community around the meme coin.
As of today, Pepe (PEPE) is priced at $0.00000118 with a 24-hour trading volume of $58,585,890.74. Experiencing a 6.50% price increase in the last 24 hours but a -10.40% decline in the past week, Pepe has a market cap of $496,634,685 with a circulating supply of 420 Trillion PEPE.
Year of the Dragon $PEPE pic.twitter.com/0kjt7EStXO
— Pepe (@pepecoineth) January 2, 2024
PEPE tokens are tradable on various centralized exchanges, with Gate.io being the most popular option for buying and trading Pepe. The PEPE/USDT trading pair on Gate.io has a 24-hour trading volume of $2,588,027. Other exchanges, including MEXC and Binance, offer PEPE trading options.
Despite a -10.40% price decline in the last seven days, Pepe (PEPE) is underperforming the global cryptocurrency market, up 0.70%. It also lags behind similar Ethereum Ecosystem cryptocurrencies, which have seen a 12.70% increase.
2. SolDoge (SDOGE)
SolDoge (SDOGE) is a next-generation meme coin. It operates on the eco-friendly Solana blockchain. SolDoge gets inspiration from internet memes and jokes. As detailed on its official website, the project positions itself for the future of the web and cyber shades.
However, using the proof-of-work algorithm, it distinguishes itself by claiming lower energy costs per transaction than meme coins. Unlike its counterparts, SolDoge emphasizes speed and low transaction fees on the Solana blockchain.
The token holders, traders, and users form an engaged community. They seek rewards through token liquidity and yield farming incentives. Liquidity, crucial for converting assets into real-world currency without impacting market prices, is a key focus for SolDoge.
SolDoge is committed to community involvement. They plan to allocate 51% of tokens through minting. This involves creating new blocks and validating the blockchain. Additionally, 10% of the fund is earmarked for token buybacks for liquidity, marketing, development, and other purposes.
Additionally, SolDoge also allows users to generate profile picture-style non-fungible tokens (NFTs). SDOGE, SolDoge’s ticker symbol, had a fair and transparent launch, offering 100% of the total token supply on decentralized exchanges (DEX).
However, of the total supply, 89.5% is for public sale, while 10.5% goes to team funds as a donation. Traded on decentralized and centralized exchanges, the most popular Raydium, SolDoge, offers an active trading pair (SDOGE/USDC) with a 24-hour trading volume of $1,297.85.
A new Liquidity Pool is now live on @RaydiumProtocol ‼️
You can swap $SOL for $SDOGE or you can start earning income from trading fees 🎉
👉 Liquidity Pool: https://t.co/bCGHitWm52
👉 Swap: https://t.co/dOLmjBgt4VMarket🆔 6HKak64vNN9bkm2oYg4uX6V8fLYTQUBcbxnmtVYBadJb #solana pic.twitter.com/E9SZ24MGGY
— SolDoge 🐕 | $SDOGE (@SolanaDoge) January 3, 2024
Today, SolDoge (SDOGE) is valued at $0.00006402, reflecting a -1.70% decline in the last 24 hours and a -31.10% drop in the past seven days. With a circulating supply of 10 billion SDOGE, the market cap stands at $642,975.
In the last seven days, SolDoge dropped 31.10%. This underperformance contrasts with the global cryptocurrency market’s 0.70% increase. Furthermore, it lags behind similar Solana Ecosystem cryptocurrencies, which show a 16.20% gain.
3. Aped (APED)
APED Token is a unique cryptocurrency. Also, the token harnesses robust blockchain technology. APED boldly enters the decentralized finance arena. It offers a distinctive mix of features and benefits. This sets the project apart from the myriad of cryptocurrencies in the market.
Today, the price of Aped (APED) stands at $0.434957, exhibiting a remarkable 27.01% surge in the last 24 hours and an impressive 26.50% increase in the past seven days. Unfortunately, the current market cap remains unavailable due to unreported circulating supply.
However, enthusiasts can explore decentralized and centralized exchanges for trading APED tokens. Uniswap V2 (Ethereum) emerges as a favored platform, with the APED/WETH trading pair experiencing a robust trading volume of $14,706.77 in the last 24 hours. Other noteworthy options encompass Gate.io and MEXC.
Additionally, in the last seven days, Aped (APED) has outpaced the global cryptocurrency market, which reflects a modest 0.70% increase. This data underscores APED Token’s dynamic performance. It positions the token as a notable player in the cryptocurrency space. Whether you’re a seasoned investor or exploring new opportunities, APED’s active and thriving nature warrants attention.
4. Wall Street Memes (WSM)
Wall Street Memes (WSM) emerges as a noteworthy crypto project, integrating memes with blockchain to reshape the financial landscape through community power. WSM has a colossal social media presence and over a million traders in its network. It introduces $WSM, a crypto token. The token achieved a remarkable $50 million market cap post-presale.
ANNOUNCEMENT! 🚀
To celebrate our first fully operating month as a casino (@wsmcasino), over the next three days, WSM is committed to a minimum of $100K per day in $WSM 🔥
Just over $4,000 every hour will be bought back 💰
Transaction details here ➡️ https://t.co/IUgPgv4xhI pic.twitter.com/wWb8QOlT7M
— Wall Street Memes (@wallstmemes) December 4, 2023
The project expands its horizons with the Wall Street Memes Casino on Telegram, delivering secure and anonymous gaming, a substantial welcome bonus, and a unique 10% token buyback feature. $WSM is already the fourth-largest meme coin by volume. It stems from the success of its NFT predecessor.
However, a strong community and endorsements, including engagement from Elon Musk, back it. With 400 million tokens locked and a competitive 40% APY, the token’s foray into staking further adds to its appeal.
The project’s strategic use of Net Gaming Revenue and the ongoing $50,000 WSM airdrop contribute to its unique value proposition.
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