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Meme coins made a huge comeback recently after the incredible success of the PEPE token. The coin was released recently, giving early investors over 2,000% in returns in less than a month. Unfortunately, like other meme tokens, $PEPE was launched on Ethereum without real-world utilization or a roadmap. Nevertheless, the token exploded, paving the way for more meme coins expected to offer similar results.
While $PEPE coins had a total market cap of over $2 billion at one point, the token has since dropped back to the $630 million level. However, a few other meme coins, such as $AI and $SPONGE, appear at the perfect timing, signaling a massive bull run for all early investors. So, let's see what's going on with these three meme coins and why you should invest in $AI and $SPONGE ASAP.
Like other meme coins, PEPE is based on a popular internet meme with no value, utility, or roadmap. Instead, it's designed for entertainment purposes, and despite the lack of features or a clear roadmap, the token became one of the highest-growing new cryptos on the market.
The token appeared on CEX/DEX listings without presale stages, ICOs, or airdrops, which are standard approaches practiced by thousands of existing cryptocurrencies. The platform also has zero taxes and is entirely community driven. After it appeared on the first CEX listing, $PEPE became available on major exchanges, including Binance, KuCoin, BTCC, and many others. THE $PEPE price surged by over 60% after its OKX listing, leading to a massive bull run of 2,000% in returns.
However, after the initial success, $PEPE lost almost 3/4 of its all-time high. While the tokens are still selling for $0.0000016, a massive increase from the starting $0.00000009131, the price movements slowed down, so if you missed your chance to invest early, $PEPE wouldn't be the coin that turns you into a millionaire. That said, two more coins, $AI and $SPONGE, are still in their earliest stages and will likely repeat the massive success of $PEPE tokens. So, let's see what makes them one of the best investment options in 2023.
AiDoge is another emerging meme coin likely to bring huge returns for all early investors. Unlike PEPE, AiDoge offers some utility for native $AI tokens and is built around an AI-powered meme-generation platform that allows users to create viral memes in seconds. The AI pulls relevant information from the internet, ensuring the memes are funny and worthy of sharing across social media.
Users can generate the memes by providing keywords, and the AI will create the meme instantly. However, meme creation requires on-platform credits users get by exchanging their tokens or staking them for daily credit rewards.
Furthermore, AiDoge offers a detailed Roadmap, announcing CEX/DEX listings, advanced staking features, and in 2024, the ability to vote on published memes. Therefore, AiDoge offers way more than PEPE, which makes it an excellent investment option in 2023.
The first word about AiDoge arrives just as $PEPE was coming down from the initial bull run. However, unlike $PEPE tokens released without any presales, AiDoge took the traditional approach to launch its native crypto – $AI. The presale took off, and $AI tokens started selling like crazy. The platform completed the first five presale stages in just a few days, raising the price of the tokens during every stage. AiDoge raised over $9.5 million, and judging from its success so far, it will sell out completely in the next few weeks.
$AI tokens are available for $0.0000308, but their price will increase to $0.0000312 during the next presale phase. The listing price will start at $0.0000336, so if you invest right now, you will get higher returns, even if the price stays at the lowest point. However, AiDoge has much higher growth potential, likely leading to 100x, possibly even 1000x, gains by late 2023.
The SpongeBob Token or $SPONGE is another meme coin inspired by a popular children's cartoon with the same name. It used the same approach as $PEPE, and naturally, it saw similar growth during the first two weeks of appearing on Uniswap. $SPONGE tokens became available for trade on May 4, gaining an impressive 1,500% in three days. The token was released at $0.00007262 and quickly grew to $0.002328 in just four days. $SPONGE tokens lost about 50% after the initial bull run, but after the price stabilized, it's expected to explode again in the next few months.
Like AiDoge, $SPONGE uses advanced AI software to generate funny memes. According to the platform itself, the SpongeBob Token aims to become the "Krabby patty of cryptocurrencies," if successful, that means massive gains for all investors. $SPONGE is currently in talks with multiple major exchanges, including Binance, MEXC Global, Poloniex, and others, so it's safe to say that the new meme coin will continue to be an excellent investment option in 2023 and beyond.
2023 is turning out to be one of the best years for meme coins on record. PEPE helped revive a dying niche, inspiring even more meme coin projects to appear on the markets. However, while the SpongeBob meme platform is almost the same as PEPE, AiDoge offers superior utilization and other advanced features to ensure long-term success and massive gains for all early investors. So, visit the official AiDoge and SpongeBob sites to learn more about the hottest cryptos in the meme coin niche.
