In addition to Dogecoin and Shiba Inu, Web3 is full of other exciting meme coins. In the old days, many meme coins were useless, and holders couldn’t do anything with them other than watch the price go up or down. Now Metacade, Shiba Inu, Dogecoin and many others are changing the game for meme coins on Web3. Here is the list of top 10 meme coins to buy in early 2023: Metacade (MCADE) Dogecoin (DOGE) Bonk (BONK) Floki Inu (FLOKI) Dogelon Mars (ELON) Dogechain (DC) Shiba Inu (SHIB) YooShi (YOOSHI) SamoyedCoin (SAMO) Bone ShibaSwap (BONE)
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1. Metacade (MCADE)
Metacade (MCADE) is a fun and accessible platform for play-to-earn games on the blockchain. The project has exploded in popularity after a successful pre-sale event, and users can enjoy a range of benefits by joining the ecosystem early.
The project aims to be a central hub for the entire Web3 ecosystem, providing a central location for users to meet, share the latest alphas, and play some of the best blockchain games. All games in the Metacade ecosystem will have built-in financial rewards. In fact, Metacade will offer the largest collection of play-to-earn titles of any similar project, setting it up to be the biggest arcade on the blockchain. Metacade offers a variety of additional profit mechanisms that make it stand out from other meme coins. Compete2Earn allows users to earn MCADE tokens in online championships, Create2Earn rewards content creators for sharing their ideas on the platform, and Work2Earn will create blockchain jobs for the crypto community.
>>> You can participate in the Metacade pre-sale here <<<
2. Dogecoin (DOGE)
Dogecoin, or DOGE, is an individual-to-individual decentralized currency that was created in 2013. The DOGE meme coin was the first of its kind – a fun cryptocurrency that was created as a joke before being mass adopted. Dogecoin provides its users with a convenient way to send and receive payments without the need for third-party services or banks. The meme coin has the largest user base and an active community promoting it, putting Dogecoin in the top 10 of all cryptocurrencies by market cap. Dogecoin was created as a fork of Lucky Coin, which was created as a fork of Litecoin, which in turn was created as a fork of Bitcoin. This means that Dogecoin is the only meme coin to have the same consensus mechanism as the Bitcoin blockchain.
3. Bonk (BONK)
Bonk (BONK) is a new meme currency created on the Solana blockchain. It was designed to bring liquidity to decentralized exchanges (DEXs) based in Solana after the FTX collapse. That’s because FTX and Alameda Research had too many investments in the Solana ecosystem, which hurt investor confidence and caused many to leave the network. Bonk is up 1000% after being created in December 2022. As the main meme coin in the Solana ecosystem, it has the potential to grow substantially in the coming years as the Solana network recovers. Bonk is a community-centric project that allows any Solana user to access a fun, peer-to-peer digital currency. The token is mainly traded in DEXs, which helps to recover the volume of the Solana ecosystem.
4. Floki Inu (FLOKI)
The Floki Inu (FLOKI) is a multichain meme coin that has grown a lot since it was launched in 2021. The FLOKI project has established great partnerships with sports teams around the world, including Napoli SSC, which is one of the great teams in the Italian Serie A. FLOKI has many uses as a meme currency. The project is developing a metaverse NFT game called Valhalla; which features a selection of DeFi services where users can invest in staking, “farm” income, lend and borrow; and an educational initiative called Floki University that aims to explain to new blockchain users the future of cryptocurrencies. Utility is rare for meme coins, which makes the Floki Inu stand out as one of the best meme coins to buy right now. The project continues to build in bearish market conditions, and its lucrative sponsorship deals with world-famous organizations could lead to huge levels of FLOKI token adoption.
5. Dogelon Mars (ELON)
The Dogelon Mars (ELON) is a community-focused meme currency that references many of the biggest memes in the Web3 world. The name is a combination of Doge, who was the first meme coin, and Elon Musk, who is a famous supporter of the meme coin movement. While Dogelon Mars has little additional utility such as apps or services, meme currency can be traded from user to user without the need to consult centralized institutions. Users can send ELON through Ethereum, Solana, BSC and other major blockchains to transact freely around the world. The project launched a series of comics that tell the story of the Dogelon, the fictional dog that ELON is based on. These comics focus on narrative and community stories that recount Dogelon’s journey to Mars (one hell of a journey!).
6. Dogechain (DC)
Dogechain (DC) is a scalable solution for Dogecoin that solves the biggest problem of the Dogecoin ecosystem – namely that Dogecoin does not support decentralized applications (dApps). Despite being among the top ten coins by market cap, the lack of usefulness of the Dogecoin ecosystem may have held back its growth for years. Dogecoin is compatible with the Ethereum Virtual Machine, as the developers modified a Polygon sidechain stack to provide a more robust, scalable, and programmable blockchain to provide more utility for Dogecoin. The network utilizes the proof-of-work consensus mechanism, which provides lucrative rewards to validators. All Dogecoin holders are eligible for a Dogechain airdrop. Dogecoin can also be encapsulated and migrated to the Dogechain blockchain. This allows Dogecoin holders greater access to DeFi services, blockchain gaming and more; without having to buy other tokens or join other networks.
7. Shiba Inu (SHIB)
Shiba Inu (SHIB) is a cryptocurrency that was created as a fork of Ethereum. This makes the Shiba Inu “Turin complete”, allowing developers to create smart contracts and launch dApps on the blockchain. Naturally, this gives the Shiba Inu an advantage over many meme coins that have no native use. Since it was created in 2020, Shiba Inu has grown to become the second most popular meme coin, and one of the top twenty cryptocurrencies by market cap. The price skyrocketed after 50% of Shiba Inu’s total supply was sent to Vitalik Buterin, who then burned through six billion worth of tokens.
The Shiba Inu is now home to an ecosystem of apps, including the Shibaverse, a virtual reality metaverse that contains many unique applications. The Shiba Inu will also have a scalable layer-2 solution called Shibarium, which will improve blockchain performance and provide high transaction volume for the Shiba Inu network.
8. YooShi (YOOSHI)
YooShi (YOOSHI) started out as a classic useless meme currency. However, the community that adopted YOOSHI soon started building more apps that were compatible with the YOOSHI token. Now, YooShi is focused on recreating the long-term success of the Shiba Inu project. The YooShi ecosystem supports a variety of play-to-earn games that reward players with YOOSHI tokens. One of the core goals of the YooShi ecosystem is to become the biggest NFT game in the metaverse, offering a huge number of collectibles that can be used to earn crypto rewards in online games. YooShi is inspired by Yoshi, a character from the Super Mario games. This reflects the project’s desire to be a gaming-focused meme currency, as the ecosystem has already started to support a selection of different blockchain-based titles.
9. SamoyedCoin (SAMO)
SamoyedCoin (SAMO) is a meme coin based on the Solana blockchain. It was created during the 2021 bull market, right in the middle of Solana’s meme coin frenzy and explosive price movements. The SAMO project states that the project’s vision is to accelerate the “adoption, development and growth” of the Solana ecosystem. At this time, Solana has little appeal in terms of meme coins, and SAMO can be seen as a pioneer of Solana-based meme coins. After an explosive price move in 2021, SAME has been suffering during the bear market. The token has dropped significantly in value, but it could regain its previous highs if there is a return in demand for the token. This can happen during big bullish moves in crypto markets, as meme coins are an affordable entry point for new crypto users.
10. Bone ShibaSwap (BONE)
Bone ShibaSwap is one of three tokens that facilitate enhanced DeFi functionality in the Shiba Inu ecosystem. The BONE itself is the governance token for ShibaSwap, which is a DEX built into Shiba Inu to facilitate user-to-user trading on the network. Bone can be used to vote on ShibaSwap governance proposals. ShibaSwap has advanced reward mechanisms that provide passive income to users when they buy and sell digital assets on the platform. Users can provide liquidity, reap rewards and freely trade on ShibaSwap brokerage. BONE was created when the Shiba Inu started to take off. He helped provide more utility to the ecosystem and remains an integral part of how the Shiba Inu operates to this day. It is a unique meme coin that can produce significant returns for investors over the next few years.
What is the best meme currency to buy right now?
Without a doubt, Metacade is being considered as the best investment opportunity in early 2023. It is much newer than Dogecoin or Shiba Inu and offers a lot of utility for its community. The project could become a leader in the blockchain gaming space thanks to its vast collection of play-to-earn titles gathered in one place. For now, Metacade is still on pre-sale. This means that it has massive potential for future returns as pre-sales are the first phase of crypto investments. MCADE price is rising from $0.008 to $0.02 over the course of the event, so check it out before it’s too late.
You can participate in the Metacade pre-sale here.