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Explore the latest meme coins and new meme tokens you could add to your investment portfolio. Discover the best opportunities for meme-inspired investments in the cryptocurrency world.
The crypto community’s attention has been firmly fixed on the Cardano meme coin, SNEK. This intrigue began when Charles Hoskinson, the CEO of InputOutput (IO), posted a tweet on May 11 inquiring about the mysterious #Snek phenomenon.
Many initially interpreted this as a potential endorsement of SNEK by Hoskinson and IO, but he later clarified that there was no collaboration, and he did not possess any tokens.
Best Meme Coins Now and New Meme Tokens ICO Calendar
In a notable development, Input Output Global (IOG), the driving force behind Cardano (ADA), has made strategic moves in the stablecoin arena.
On Oct 23, IOG made a significant announcement, appointing Sean Ford, the former CEO of Algorand, to head their undisclosed stablecoin venture. Joining him is David Markley, another Algorand alumnus, who assumes the role of Chief Operating Officer.
While this venture signals IOG’s interest in stablecoins, specific details regarding the project remain undisclosed. It is clear, however, that Cardano faces an uphill battle to capture a substantial market share in the stablecoin realm despite the introduction of initiatives like DJED and USDA.
At present, stablecoins on Ethereum and Tron continue to dominate the market, boasting an impressive 90% market share, according to DeFillama data. Adding to Cardano’s challenge is the heightened global regulatory scrutiny on the stablecoin sector, stemming from the failure of Terra’s algorithmic stablecoin last year.
1. Pepe (PEPE)
PEPE is a deflationary meme coin launched on the Ethereum blockchain, paying homage to the iconic Pepe the Frog internet meme created by Matt Furie.
Unlike many cryptocurrencies, PEPE doesn’t claim utility; instead, it embraces its role as a straightforward meme coin, appealing to the crypto community with its no-tax policy and transparency about its purpose.
What sets PEPE apart is the explosive growth it experienced from late April to May 2023, briefly achieving a $1.6 billion market cap, creating early millionaires and forming a dedicated community. This surge ignited what some call a “memecoin season,” prompting a wave of similar tokens.
$PEPE has surpassed 155k+ on chain wallets including all tokens bridged to Arbitrum and BSC. 🐸 pic.twitter.com/szPKLV3lso
— Pepe (@pepecoineth) October 25, 2023
PEPE’s roadmap is divided into three phases, including listings on major platforms and exchanges. What makes PEPE interesting is its unique connection to Pepe the Frog, a character with a storied history, setting it apart from other meme-inspired cryptocurrencies.
Today’s live Pepe price is $0.000001, with a 24-hour trading volume of $379,679,870. Pepe is up 31.40% in the last 24 hours. The current CoinMarketCap ranking is #77, with a live market cap of $470,078,543. It has a circulating supply of 391,790,000,000,000 PEPE coins and a maximum supply of 420,690,000,000,000 PEPE coins.
2. FLOKI (FLOKI)
Floki (FLOKI), often called “Floki Inu,” is a cryptocurrency that has garnered attention for its unique origin and ambitious objectives. It emerged from the Shiba Inu (SHIB) community, drawing inspiration from Elon Musk’s Shiba Inu and his association with Dogecoin. Floki stands out by aiming to combine meme culture with utility.
The coin’s mission is to create an autonomous and decentralized ecosystem with a focus on four flagship utility projects: Valhalla, an NFT gaming metaverse; FlokiFi, a suite of decentralized finance products; FlokiPlaces, an NFT and merchandise marketplace; and University of Floki, an education platform.
Floki’s Valhalla project, described as a play-to-earn gaming metaverse, is particularly intriguing. It draws inspiration from successful games like Pokémon and Skyrim, allowing players to earn rewards through gameplay, asset trading, and NFT sales. This combination of meme-driven appeal and actual utility in the form of the Valhalla metaverse sets Floki apart.
However, potential investors should approach meme-based cryptocurrencies’ volatility and speculative nature cautiously while also considering the value and innovation behind the project’s utility-driven objectives.
Solid article from Crypto News Flash about $FLOKI's sister token and its partnership with WTT. 🔥
“#FLOKI’s strategic partnership with World Table Tennis marks a significant leap forward in the project’s quest for global recognition and adoption.”
👉 https://t.co/FjmuhTmaSV pic.twitter.com/UNzDGoLju0
— FLOKI (@RealFlokiInu) October 25, 2023
Today’s live FLOKI price is $0.000031, with a 24-hour trading volume of $97,758,574. FLOKI is up 19.95% in the last 24 hours. The current CoinMarketCap ranking is #104, with a live market cap of $293,370,560. It has a circulating supply of 9,492,860,514,689 FLOKI coins; the maximum supply is unavailable.
3. Shiba Inu (SHIB)
SHIB, the primary token of the Shiba Inu ecosystem, is a decentralized cryptocurrency with a global community-driven mission. Initially created in 2020 by an anonymous figure known as “Ryoshi,” SHIB has become a worldwide sensation.
It distinguishes itself through its acceptance as a form of payment at numerous locations. The appeal of SHIB lies in its cute charm and association with prominent figures like Elon Musk and Vitalik Buterin, although the latter denied being its originator.
SHIB’s journey includes trading on its decentralized exchange, ShibaSwap, and a listing on Coinbase, which significantly boosted its visibility.
The coin’s extraordinary rise to fame was marked by Vitalik Buterin’s decision to burn a substantial portion of his SHIB holdings and donate the rest, which temporarily impacted SHIB’s value. The resilience of the SHIB community and its philanthropic initiatives set it apart, making it an intriguing investment.
However, potential investors should approach cautiously, acknowledging the speculative nature of meme coins and the cryptocurrency market’s inherent volatility.
#SHIBARMY We know we’re top dogs, let’s prove it 🐕💪 https://t.co/4c3oaxvgt4
— Shib (@Shibtoken) October 7, 2023
Today’s live Shiba Inu price is $0.000008, with a 24-hour trading volume of $207,632,824. Shiba Inu is up 6.20% in the last 24 hours. The current CoinMarketCap ranking is #19, with a live market cap of $4,575,191,871. It has a circulating supply of 589,346,914,631,298 SHIB coins; the maximum supply is unavailable.
4. Meme Kombat ($MK)
Operating on the Ethereum blockchain, $MK holders can stake their tokens, earning an impressive 112% APY. Meme Kombat is unique in its Battle Arena, where users can engage in player-vs-player and player-vs-game battles.
Users can also place bets on battles between characters representing different meme coins. The blockchain ensures fairness and transparency throughout the gaming experience, including side bets.
🔥 #MemeKombat UPDATE 🔥
Staged Presale = ON
▪️ NOW: 0.1667 USD
▪️ Nov 2nd: JUMPS to 0.1833 USDThe timer is set! Secure your $MK before the rise! ⏰ pic.twitter.com/LMreT8M2Ce
— Meme Kombat (@Meme_Kombat) October 23, 2023
The developers are publicly known and maintain a seasonal approach to the game, continually introducing new characters and modes. This approach keeps the platforms engaging for players.
Another distinguishing feature is the limited supply of 120 million tokens, with 60 million available during the presale at $0.1667, resulting in a hard cap of 10 million.
The allocation of funds includes 50% for the presale, 30% for staking and battle rewards, 10% for DEX liquidity and 10% for community rewards, with no team allocation. The presale has garnered significant interest, racing towards $450k within its first few hours.
5. Dogecoin (DOGE)
Dogecoin (DOGE) is a unique cryptocurrency, initially born as a lighthearted and meme-inspired digital asset. Created by Billy Markus and Jackson Palmer in 2013, it set out to differentiate itself from the more serious tone of Bitcoin by embracing the popular “doge” Internet meme and featuring a Shiba Inu on its logo.
Over the years, DOGE has gained attention, large thanks to endorsements from figures like Elon Musk. Its mission was not solely about financial gain but rather as a tipping system to reward quality content on platforms like Reddit and Twitter, fostering community and positivity.
Investing in DOGE may suit those who appreciate its cultural significance and user-friendly nature. Still, it should be a part of a diversified portfolio rather than a sole focus due to its inherent volatility.
It's time to remind shibes of the concept of Not Your Keys, Not Your Coins again.
During this extended 'crypto winter', the crypto scene has seen more questionable activities from shady-behaving central exchanges, and many decentralized swap setups that exist currently put… pic.twitter.com/5YxYVfpwzB
— Dogecoin (@dogecoin) October 11, 2023
Today’s live Dogecoin price is $0.071687 with a 24-hour trading volume of $746,554,610. Dogecoin is up 9.82% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $10,148,584,687. It has a circulating supply of 141,567,836,384 DOGE coins and the maximum supply is unavailable.
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