Best Meme Coins to Buy in 2024: The Ultimate Shill List

Meme coins have seen a remarkable rise in popularity, and 2024 is shaping up to be an exciting year for meme coin enthusiasts. That’s why today we discuss a list of the best meme coins. With the market cap soaring past $62.3 billion and forecasts predicting that it could reach one trillion dollars by mid-2025, the meme coin space is booming. This meteoric rise signals the start of what many are calling the “meme coin supercycle,” where both well-established and emerging tokens are outperforming other categories of crypto.

With Solana breaking $200, and Ethereum surging past $3200, we notice meme coins are catching bids all over the place. This surge is driven by crypto enthusiasts who are rallying around community-driven tokens that offer more than just financial gain. Meme coins provide a sense of fun, belonging, and collective purpose, and their growing cultural influence is something to watch. From humble beginnings as internet jokes, meme coins have evolved into robust movements with loyal communities and significant market presence. So, what are the best meme coins to buy in 2024? Let’s dive into some of the top contenders.

Study this guide on how to Trade Meme Coins in 2024.

Let’s get started with the top dog of the bunch.

1. Dogecoin (DOGE)

When it comes to meme coins, Dogecoin (DOGE) is undoubtedly the leader. As the largest meme coin by market capitalization, DOGE has garnered massive attention and investment, especially since 2021. Celebrities like Elon Musk and Mark Cuban helped catapult DOGE into the spotlight, giving it widespread exposure. Originally created as a joke, DOGE has proven its staying power by being used for real-world transactions and accepted as payment across various platforms.

Dogecoin’s appeal lies in its simplicity and fun-loving community. Over the years, it has solidified its place in the crypto world with a loyal fanbase. It’s more than just a meme – it’s become a cultural phenomenon. Its low transaction fees and widespread adoption make it one of the most practical meme coins in the market. If you’re looking to enter the meme coin space, DOGE is a strong contender with a proven track record.

It has pumped tremendously in the past week with Bitcoin leading the charge. However, it’s still about 2.5x away from its ATH of 2021. So lots of wiggle room.

2. Dogwifhat (WIF)

Dogwifhat (WIF) has been making waves in the meme coin market, especially after a rough dip of nearly 12.03% in October. Despite this setback, WIF is showing strong signs of a price reversal and remains one of the meme coins to watch closely in 2024. Earlier this year, WIF made history by being the first meme coin to break the $1 mark, peaking at an all-time high of $4.85 on March 31.

The key to WIF’s success is its enthusiastic community. With nearly 190,000 holders who are deeply committed to the project, WIF has the backing of a robust group of investors. The coin is known for its high-energy culture, encapsulated by its slogan “a dog wif a hat.” The token has also garnered significant attention due to its high concentration of large investors, with many holding $1,000 or more worth of WIF. Projections suggest that WIF could see even greater highs, with some analysts forecasting a potential price of $100 per token. This makes WIF one of the safest bets for those seeking meme coins with massive upside potential.

Needless to say, this is one of the most popular memes on the Solana blockchain.

3. Pepe (PEPE)

Pepe the Frog has been a cornerstone of internet culture for years, and its meme coin counterpart, Pepe (PEPE), has quickly become one of the most popular tokens in the space. Despite its humble beginnings as an internet meme, the Pepe coin has grown into a formidable player in the meme coin market.

Pepe doesn’t hide its nature as a meme coin. It has no official roadmap or plans to create tangible utility – it thrives purely on its meme status. This lack of seriousness has only added to the charm and appeal of the coin. Pepe’s community is large and highly dedicated, and this has propelled the coin to greater heights, showing that meme-driven tokens can have staying power even without traditional use cases. If you’re looking for a meme coin with a cult following and a longstanding internet presence, Pepe is a solid choice.

The meme community argues this could be the biggest meme on the Ethereum Blockchain, that title is currently held by Shiba.

4. Peanut the Squirrel (PNUT)

Peanut the Squirrel (PNUT) is leading the charge among meme coins inspired by viral internet moments. Following the controversial death of Peanut the Squirrel, meme coins related to this viral pet have exploded, with some reaching market caps over $100 million. PNUT, in particular, has been a standout, with its market cap recently surpassing $130 million and hitting an all-time high of $0.145 on November 6th.

What sets PNUT apart is its growing popularity across major exchanges like KuCoin, BingX, and Gate.io. These listings have significantly expanded the coin’s reach, increasing its accessibility to more traders and investors. PNUT has also gained attention for its bold social media presence, especially during the U.S. presidential election, where the coin publicly endorsed Donald Trump. This level of political engagement has fueled further interest in the token, making it a compelling short-term trading opportunity.

With the potential for more exchange listings and its growing fanbase, PNUT is primed for another wave of growth. If you’re looking for a meme coin with explosive potential and a unique, politically charged narrative, PNUT could be the one to watch in 2024.

Just this morning it got listed on Binance, which made the market cap explode from 100M to 400M overnight.

5. Popcat (POPCAT)

Popcat (POPCAT) has emerged as one of the most exciting meme coins of 2024. The coin saw an astronomical rise, skyrocketing by a staggering 41,139.68% since January and hitting an all-time high of $1.81 on October 29. With a market cap surpassing $1.26 billion, POPCAT has cemented its place as a major player in the meme coin space.

The coin’s success can be attributed to its unique and humorous theme, based around the internet-famous Popcat meme. This clever twist on the typical meme coin has helped POPCAT attract over 87,000 dedicated holders. The project’s deflationary model, including a fixed supply and burn mechanism, adds an element of scarcity that could drive future demand. POPCAT is more than just a meme – it has the potential for long-term growth as it continues to reward loyal holders and capitalize on its massive community.

6. Shiba Inu (SHIB)

Shiba Inu (SHIB) is often considered the “Dogecoin killer” and remains one of the most promising meme coins on the market. Created in 2020, SHIB quickly gained fame, even producing a billionaire along the way. While the token began as a joke, it has since evolved into a multifaceted ecosystem that includes staking, NFTs, a decentralized exchange, and metaverse capabilities.

The SHIB community is one of the most active in the crypto space, and its growing popularity shows no signs of slowing down. SHIB has established itself as more than just a meme coin by offering real utility and value to its users. If you’re looking for a meme coin with a broad range of use cases and a dedicated following, SHIB is a top contender.

7. PX6900 (SPX)

PX6900 (SPX) has seen explosive growth in the fourth quarter of 2024. Starting with a modest market cap of $150k in August, SPX has skyrocketed to $808.34 million by November, with a peak price of $0.989. SPX’s success can be attributed to its playful and rebellious branding, encapsulated in the slogan “6900 is bigger than 500.” This slogan resonates with a growing movement within the crypto community that seeks to challenge traditional finance.

SPX’s defiant spirit and catchy meme appeal have captured the imagination of investors. The token taps into the community-driven ethos of crypto, with many believing that it has the potential to surpass the S&P 500 in market cap one day. SPX is a great choice for those looking to invest in a meme coin with both humor and rebellion at its core.

This was the fastest-growing meme in October, and we believe it can continue this momentum. It’s on our content list to do a deeper dive soon. So stay tuned!

8. MAGA (TRUMP)

MAGA (TRUMP) is one of the first tokens to combine the worlds of politics, memes, and cryptocurrency. The token’s focus is on charitable initiatives, such as supporting veterans and combating child trafficking. While its name and focus on Donald Trump may appeal to a specific political group, the project has broader appeal due to its charitable mission and meme-driven nature.

MAGA is part of the emerging PoliFi (political finance) trend, where political themes and memes intersect with cryptocurrency. The token’s ability to connect with a politically-engaged audience while offering a charitable component makes it unique in the meme coin space. If you’re interested in a token that blends politics with fun and purpose, MAGA could be a token to consider.

This market cap still sits under 1M, so keep in mind that it’s highly risky. More than other memes.

Learn how to trade breakout patterns with our recent guide. This can be very helpful when you decide which memes to buy at what time.

Other Notable Meme Coins

A few that didn’t make the list, but are worth putting on your radar.

• $BRETT
• $BONK
• $FLOKI
• $NEIRO
• $GOAT
• $MEEDONG
• $MEW
• $MOG
• $BOME
• $DOGS
• $RETARDIO

Full disclosure, my personal meme coin bag contains the following (in order of size): $DOGE, $PEPE, $WIF, $POP, $PNUT $FLOKI, $MEEDONG, $GOAT, $MONKEY, $ROCKY.

Risks of Investing in Meme Coins

While meme coins present exciting investment opportunities, it’s essential to be aware of the risks involved. Due to their speculative nature, meme coins can be highly volatile, and the market sentiment often drives their value rather than inherent utility. This can lead to significant price swings.

Scams: Some meme coin presales are fraudulent. Always ensure you’re investing in a legitimate project.

Market Manipulation: The meme coin market is largely unregulated, which opens the door to pump-and-dump schemes.

Poor Liquidity: Low trading volumes can make it difficult to buy or sell meme coins at favorable prices.

Loss of Investment: Given their volatility, meme coins can experience sudden drops, risking significant losses for investors.

The rule of thumb is, that the younger the coin the more risk. The smaller the market cap, the more volatile it will be. Earlier this week we purchased some $MONKEY at a 6M market cap. At the time of writing this dropped down to 1.5M market cap. Which results in a 75% loss for now. But hey, it ain’t a loss if you not selling, right?

Are Meme Coins a Good Investment?

Meme coins can offer substantial returns, but they are highly speculative. It’s essential to evaluate your risk tolerance and investment goals before diving in. The meme coin market is unpredictable, but for those who can handle the volatility, it can be an exciting and potentially lucrative area to explore.

In conclusion, meme coins continue to capture the imagination of investors, combining fun, community engagement, and speculative opportunity. Whether you’re looking for a well-established coin like Dogecoin or a rising star like PX9900 or PNUT.

Conclusion

Meme coins have proven to be more than just a passing trend in the world of cryptocurrency. While many started as jokes, they have quickly evolved into powerful communities that drive market value and intrigue. With the potential for explosive growth, meme coins like Dogecoin, Dogwifhat, Popcat, and others are leading the charge in this new era of crypto. As we move through 2024, these coins continue to attract attention from both casual investors and seasoned crypto enthusiasts.

However, it’s important to remember that meme coins are highly speculative and can be volatile. They can experience rapid growth, but they can also fall just as quickly. If you decide to invest in meme coins, make sure you’re prepared for the ups and downs that come with this dynamic market. Always do thorough research and assess your risk tolerance before diving in.

Whether you’re in it for the fun, the community, or the potential for big returns, meme coins offer something for everyone. The market continues to expand, and who knows which meme coin will emerge as the next big breakout star. Stay informed, stay cautious, and enjoy the ride as meme coins continue to shape the future of cryptocurrency.

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