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Memes are a popular source of enjoyment available on the internet and meme coin is a type of cryptocurrency that associates itself with the trending memes. These coins often feature mascots inspired by these memes. As we stay updated about the popular online memes, it is also necessary to stay informed about the meme coins that are circulating in the market as nowadays it serves as a great passive income option. Meme coins have the potential to generate significant profit for crypto investors and traders. Here is the list of 5 Meme coins that can bring you fortune in 2024:
Dogecoin or DOGE is the first Meme coin. Launched in December 2013, the coin has been the most stable coin when compared to others. It has resisted fluctuations and has constantly increased in value over time. Till date, the coin hasn't faced any significant drop in its market capitalization. The coin is currently trading at approximately $0.062. It had dropped to $0.050 before but has since gone up in value again.
Shiba Inu or SHIB, is a popular meme coin. This recently launched meme coin is one of the competitors of the established cryptocurrency, Dogecoin. The newly launched Layer 2 technology for Shiba Inu, Shibarium, makes the transactions related to the coins faster and cheaper. In 2021, Shiba Inu's price went very high, i.e., $0.00008845, but it later dropped significantly to $0.0000044 in June this year. Many investors are keeping their Shiba Inu tokens because they believe the value of the tokens will go up significantly in the near future.
POMD, also known as Pomerdoge, is a type of digital currency that allows people to play games or engage in various activities. Crypto investors and traders can earn coins as rewards by participating in games. It facilitates making money through fun activities. The presale event of POMD has begun. Initially, the POMD token was sold at $0.007 each. As more people bought these tokens the price went up. Now each POMD token costs $0.009. According to experts, the coin has the potential to be more valuable than the two other popular coins, Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepecoin is another popular meme coin which came into play in April, 2023. Matt Furie created the coin inspired by "Pepe the Frog" memes. PepeCoin has 420 trillion coins in circulation. Most of them have been put into a liquidity pool, where they are not easily accessible. 6.9% of the coin is kept in a special wallet, which will be used for getting PepeCoin listed on cryptocurrency exchanges (CEX). This makes it available on different platforms, and provides more liquidity. Pepecoin is considered a valuable cryptocoin nowadays. The market capitalization of the coin is $550 million. Its price has gone up a lot in recent months, increasing by more than 1,962%. At its peak, one PepeCoin was worth $0.00000134.
The meme coin, Digitoads, facilitates both stakes to earn and play to earn features. It was launched on 21, August 2023 and within two months it has become a social media trend. Toads, the native token of Digitoads has collected over $4.4 million in funds even before being listed in the cryptocurrency exchanges, Uniswap and Bitmart. There are around 293 million TOADS in circulation, currently, each of them is being sold for $0.036.
