With the cryptocurrency market currently in an extensive bear market, meme coins have taken a big hit. Reasonably expected, given that memes, coins rely heavily on hype. However, if the history of meme coins is anything to follow, then these cryptocurrencies also have the greatest earning potential in bull markets.
Based on this potential, this guide explores the best meme coins that will explode in 2023. The guide will also give you an idea of where to invest in meme coins with low fees.
What are the best meme coins to invest in 2023?
Finding the best meme coins to buy in 2023 takes work. This is because there are many scams in the market and it is easy to lose money by investing in random cryptocurrencies.
Luckily, you’ve come to the right place for information on the best meme coins to buy today.
- Dogecoin (DOGE) — Coin meme popularized by Elon Musk
- Shiba Inu (SHIB) – Top Meme Coin That Is Rapidly Growing in Adoption
- SafeMoon Inu (SMI) – A growing meme coin that has passive income potential
- MonaCoin (MONA) – A perfect meme coin for payments due to its high speeds
- Akita Inu (AKITA) – Meme Coin that is working on cryptographic interoperability
- IMPT – cryptocurrency that is trying to help tackle carbon emissions
- Calvaria (RIA) – Low-cost cryptocurrency targeting the growing P2E market
- Tamadoge (TAMA) — Meme Coin with growing trading volumes
- Toon Finance (TFT) – Meme Coin with explosive price potential in 2023
- Tora Inu (TORA) – Growing meme coin with a solid roadmap
- Samoyed Coin (SAMO) – A fast-growing meme coin in the growing Solana ecosystem
- Dogelon Mars (ELON) – A meme coin that tends to gather together with Dogecoin
- Dogedash (DOGEDASH) — A new meme coin focused on the P2E market
- Dogs of Elon (DOE) – One of the best meme coins for NFT investors
- Hoge Finance (HOGE) – Top Meme Coin for Passive Income through Staking
- Battle Infinity (IBAT) – A growing P2E gaming cryptocurrency
An In-Depth Look at the Best Meme Coins to Buy in 2023
In this section, we look at each meme coin above in more detail.
1. Dogecoin – Meme coin that Elon Musk popularizes
Since the meme coin craze of 2021, many people constantly ask: “Is Dogecoin a good investment?”.
Dogecoin It may have started as a joke, but it has established itself as a force to be reckoned with in cryptocurrency. Unlike other coins focused on anonymity or transaction speed, Dogecoin is synonymous with fun and community. Its logo is a Shiba Inu dog and its slogan is “to the moon”. But beyond its carefree approach, Dogecoin has serious support. It was one of the first coins to adopt SegWit technology and has moderate transaction fees and fast transaction times.
It also has a large and active community of users, which is one of the most important factors in determining the success of any coin. In short, Dogecoin may have started as a meme, but it has since become a serious player in cryptocurrency.
While community has been an integral part of Dogecoin’s growth, Elon Musk has been the most crucial factor in Dogecoin’s growth in recent years. As CEO of Tesla and SpaceX, Musk is one of the most influential figures in the tech industry. His tweets about Dogecoin have helped increase its visibility and value. In addition, Musk has also added Dogecoin to the list of accepted currencies on his companies’ websites. As a result, Dogecoin has become one of the most popular cryptocurrencies in the world. Thanks to Musk’s approval, Dogecoin is well on its way to becoming a mainstream currency.
The best part is that it recently acquired Twitter and announced to make it a super app. This will likely be integrated with payment methods, and Dogecoin could be one of them. Even for those who consider Dogecoin a shitty coin, Twitter’s integration would make DOGE one of the best shitty coins to buy in 2023. Dogecoin is also available on most major exchanges, which could contribute to its volumes in a bull market. For example, you can buy Dogecoin on eToro, one of the most trusted cryptocurrency brokers globally.
2. Shiba Inu – The top meme coin that is rapidly growing in adoption
When the cryptocurrency market was experiencing unprecedented growth, a new competitor emerged that quickly captured the attention of investors and traders. Shiba Inu, who is often referred to as “the Dogecoin killer,” was launched in August 2020 by an anonymous team of developers.
Shiba Inu’s mascot is based on the popular Shiba Inu breed of dogs, which has become synonymous with the crypto community due to its widespread use in memes. While it remains to be seen whether Shiba Inu will be able to dethrone Dogecoin as the king of meme coins, there’s no denying that the project has generated great excitement in the crypto space. Only time will tell if Shiba Inu will live up to the hype.
In addition to the hype factor, Shiba Inu is one of the best meme coins to buy in 2023 for its improving fundamentals. An indicator of the growing Shiba Inu fundamentals is the Shiba Inu Metaverse. The Shiba Inu metaverse is still in its early stages, but it already has several popular features. These include a marketplace, where users can buy and sell items; a social media platform, where users can connect with other users; and a gaming platform, where users can play. The Shiba Inu metaverse uses Ethereum, which can be used to buy items on the marketplace or pay for social media services. The launch of the Shiba Inu metaverse represents a major step forward for cryptocurrency. It could see SHIB emerge as one of the best-performing cryptocurrencies in 2023.
One of the most critical issues facing in the blockchain world is scalability. As more and more users adopt blockchain technology, the need for fast and efficient transactions becomes increasingly essential. One solution that has been proposed is known as Shibarium. Shibarium is a Layer 2 scaling solution that uses horizontal partitioning to improve transaction speed and efficiency.
Essentially, it breaks transactions down into smaller pieces, or partitions, and then processes them in parallel. This can help improve the overall scalability of a blockchain network without sacrificing security or decentralization. In addition, Shibarium is compatible with a wide range of existing blockchains, making it a potentially valuable tool for increasing the efficiency of Shiba Inu. By extension, it will increase the value of Shiba Inu as a payment network.
With all the developments and the hype factor, there is no doubt that Shiba Inu is one of the best meme coins to invest in 2023. The chances of him repeating his 2021 rally are quite high.
3. SafeMoon Inu – A growing meme coin that has passive income potential
SafeMoon Inu is a cryptocurrency that aims to create a gaming community inspired by meme culture. The project was founded by John Karony, who firmly believes that the power of memes and games can shape the world forever. SafeMoon Inu’s native cryptocurrency is an SMI token and runs on the Binance Smart Chain (BSC).
The team is also developing a platform called SMI Play that will have different categories of games such as sports, action, adventure, puzzles, etc. The USP of this platform is that it would be simple to develop Games on this platform compared to others.
In addition, the platform would be fully integrated with the SafeMoon Inu economy, thus providing greater adoption and utility to the SMI token. There are currently 1 trillion SMI tokens that are continuously burned. This makes SafeMoon Inu a deflationary currency that would appreciate over time as demand increases.
The deflationary aspect and the fact that the community is growing make SafeMoon Inu one of the most underrated meme coins to buy in 2023. The chances of an exponential rally are high.
4. MonaCoin – A perfect meme coin for payments due to its high speeds
Next on the list of undervalued meme coins to invest in 2023 is MonaCoin. MonaCoin operates on a peer-to-peer (P2P) basis and runs on the Lyra2RE algorithm. This algorithm is a big problem as it makes MonaCoin resistant to ASIC mining.
This allows people to mine MonaCoin with GPUs and CPUs, making it more accessible and democratic than other crypto projects. In addition, MonaCoin has a smaller block size than Bitcoin, making transactions faster and cheaper. This makes it ideal for everyday use, as well as for payments and micropayments. With a strong community supporting it, MonaCoin is poised to become a major player in cryptocurrency.
What makes MonaCoin one of the best meme coins to buy in 2023 is that it is very popular in Japan, an important market for cryptocurrencies. With its popularity in such a major market, chances are that MonaCoin is an undervalued cryptocurrency that could become parabolic in 2023.
5. Akita Inu – Coin meme that is working on cryptographic interoperability
Akita Inu is a decentralized cryptocurrency that runs on Ethereum. Akita Inu is designed to create a community-based ecosystem powered by the Akita Inu token. The Akita Inu token is an ERC-20 compliant token that will be used to incentivize users to participate in the Akita Inu community.
Akita Inu has several features that will be available to users, including a marketplace, a social platform, and a payment system. This meme coin is currently under development, and the team is working to continue building the ecosystem. The goal of the Akita Inu project is to create a community-powered ecosystem that can provide users with various services and products.
One thing that makes Akita Inu one of the best cryptocurrencies to watch in 2023 is its token burning feature. So far, 7% of all Akita Inu tokens have been burned and more will be burned. This is a big problem as it increases the odds of exponential gains for Akita Inu if the market turns bullish in 2023.
6. IMPT – Cryptocurrency that is trying to help manage carbon emissions
IMPT is a cryptocurrency that has made waves in the investment community for its dedication to environmental causes. The company behind IMPT has pledged to use a portion of its profits to fund carbon offset projects, which help reduce the amount of carbon dioxide in the atmosphere.
In addition, IMPT has gained popularity because more and more people are becoming aware of the dangers of climate change. In the short period in which it has existed, IMPT has partnered with retailers selling environmentally friendly products. Tokens can be used to buy other products from retailers or they can be sold on fiat currency exchanges or Bitcoin. As more and more people become aware of the importance of protecting the environment, IMPT is likely to become increasingly popular.
IMPT is also developing a blockchain-based platform that will allow companies and individuals to offset their carbon emissions through NFTs. With its commitment to fighting climate change, IMPT is making a big impression on investors who want to make a positive impact on the environment.
Since IMPT was only launched in 2022, deep in the bear market, chances are that it will trade at a huge discount to current prices. This makes it one of the best meme coins to buy in 2023 for investors looking for exponential gains.
7. Calvaria – Low-Cost Cryptocurrency Targeting the Growing P2E Market
For the uninitiated, Calvary may seem like just another game. However, those who know understand that it is much more than that. Launched through a successful presale, Calvaria is an opportunity for investors to enter an asset that appreciates during the various phases. The game itself is designed to be highly rewarding, with a variety of challenges and tasks that must be completed to earn virtual currency. In addition, the Calvaria team is constantly working on new content and updates, ensuring that the game remains fresh and exciting. With a strong community of players already in place, there’s no doubt that Calvaria is poised for success.
When it comes to gaming, one of the biggest challenges is overcoming scalability issues. Too often, games are bogged down by high transaction fees and low bandwidth, making for a bad experience. Calvary is built on the Polygon network to help address this issue. Using Polygon’s extensive network, Calvaria can provide high bandwidth and low transaction fees. This, in turn, allows for a smoother gaming experience that is free from the problems that often plague other games. As a result, Calvaria has established itself as a top-tier game that offers players an enjoyable and hassle-free experience.
With the cryptocurrency market declining and the growing popularity of P2E games, chances are that Calvary will be a meme coin to watch out for in 2023 and beyond.
8. Tamadoge – Meme coin with growing trading volumes
Tamadoge (TAMA) is the native token of a new metaverse called Tamaverse. Although it is a relatively new cryptocurrency, Tamadoge is one of the best meme coins by trading volumes, an indicator that investors love it. So, what exactly is Tamadoge about?
Tamadoge tokens allow players to access different play-to-earn (P2E) features. With Tamadoge, players can earn rewards by playing, wagering tokens, or participating in governance. In addition, Tamadoge can be used to purchase in-game items or traded on decentralized exchanges. By offering a variety of P2E features, Tamadoge gives players more ways to earn rewards and increases the usefulness of the token. As a result, Tamadoge is an essential part of Tamaverse’s expanding P2E ecosystem.
In addition to its strong use cases, Tamadoge tokenomics makes it one of the best meme coins to buy in 2023. While most meme coins tend to have an inflationary supply, Tamadoge’s supply is limited to $2 billion. With the increase in demand for TAMA tokens in Tamaverse and the wider market rebounds among the most promising cryptocurrencies to invest in today.
9. Toon Finance – Meme coin with explosive price potential in 2023
Toon Finance is a DeFi protocol that aims at true decentralization, something that many cryptocurrencies lack today.
Toon Finance is a new blockchain project that seeks to solve the problem of common externality in play-2-earn games. The team behind Toon Finance can do this because they have extensive experience in both the gaming and blockchain industries, and they are confident that they can provide a solution that will benefit both players and developers.
To give an idea of what the Toon Finance team looks like, they built Toon Finance’s DEX on top of the SHA256 encryption standard, which is incredibly secure and has proven reliable in several previous projects. In addition, the team is committed to transparency and provides a fair platform for all users. With its experienced team and innovative approach, Toon Finance has the potential to revolutionize the way we think about games and digital assets.
DeFi has seen explosive growth in recent years, and chances are it will be even bigger in 2023. Toon Finance is positioning itself to be a major player in this fast-growing market. Its focus on community-driven development sets Toon Finance apart from other DeFi Projects. Rather than trying to create new protocols from scratch, Toon Finance builds on existing protocols and adds new features that meet the needs of the community. This approach has already produced some impressive results in terms of user engagement.
With its strong commitment to community-driven development, Toon Finance is well positioned to thrive in the competitive DeFi market. That’s why it’s on the list of the best meme coins to buy in 2023. Once the broader market regains momentum, this is a cryptocurrency that could easily have a 10x value.
10. Tora Inu – Growing meme coin with a solid roadmap
Tora Inu is one of the newest altcoins and there is everything to love about this cryptocurrency. One thing that makes Tora Inu one of the best meme coins to buy in 2023 is its deflationary tokenomics. This is a big problem as it means that as demand increases, the price could rise to prices never seen before.
But it’s not just tokenomics that make Tora Inu a meme coin to watch in 2023. Tora Inu also has many unique features that give it a foot in the play-to-earn game space.
The Tora Inu ecosystem is designed to help users maximize the growth of their resources. One way to do this is through a staking technique that allows users to lock in their assets and earn a competitive interest rate. This helps encourage users to maintain a long-term view and grow their resources over time. The system also features other mechanisms, such as activity-based rewards and a referral program, which help users earn more from their participations. Essentially, the Tora Inu ecosystem provides a powerful incentive for users to grow their resources and participate in the play-to-earn economy.
As cryptocurrency becomes more and more competitive, crypto teams are doing everything they can to distinguish their coin. One area where Tora Inu is excelling is in its focus on safety. In today’s climate, hacking threats are a big concern for any cryptocurrency. But as the Tora Inu team explains in their white paper, they are committed to protecting this cryptocurrency from these dangers. Part of their strategy is to conduct regular audits of smart contracts.
By constantly checking for vulnerabilities and weaknesses, investors can rest assured that their assets are safe. In an industry where hacking incidents are all too common, this extra layer of security is a welcome relief for both investors and users. It is also a reason why Tora Inu is one of the best meme coins to buy in 2023.
11. Samoyed Coin – A fast-growing meme coin in the growing Solana ecosystem
SAMO is more than just a cryptocurrency; It is a community dedicated to building personal connections and assisting each other in navigating life. The Solana blockchain is the perfect home for SAMO because it is fast, scalable and secure. With SAMO, users can submit suggestions, pay for goods and services, or show their support to the community. Best of all, SAMO is easy to use; Even those who are new to cryptocurrency can easily get started.
While Samoyed Coin is backed by the founder of the now-defunct FTX exchange, it is still going strong. This is an indicator that the community behind it is strong. This, along with the growing community, makes it one of the best meme coins to buy in 2023.
12. Dogelon Mars – A meme coin that tends to gather together with Dogecoin
Dogelon Mars is a new cryptocurrency that seeks to capitalize on the popularity of Dogecoin and its most famous backer, Elon Musk. The project was founded by a group of Dogecoin enthusiasts who believe that the currency has great potential but is undervalued by the market. To increase its appeal, they combined the two most popular figures in the cryptocurrency world and created a new coin that they hope will be more successful than its predecessors.
Dogelon Mars has already gained some traction, with several exchanges listing it and many members of the crypto community showing interest.
Because of its close association with Dogecoin, chances are that if Dogecoin does well in 2023, Dogelon Mars could also post significant gains. For this reason alone, Dogelon Mars is, without a doubt, one of the best meme coins to invest in 2023.
13. Dogedash – A new meme coin focused on the P2E market
DogeDash is a new game that runs on the Binance Smart Chain network. The Super Mario and Sonic movements of the 90s heavily inspire the game. In the game, players have to run while collecting coins along the way. The objective of the game is to collect as many coins as possible and then exchange them for Dogecoin. The game is still in its early stages, but it has already attracted a lot of attention from gamers and cryptocurrency enthusiasts.
One of the reasons for its popularity is that it allows players to earn real money by playing. In addition, the game has an interesting storyline and cute graphics, which makes it even more attractive. Nostalgia for old-school games has also added popularity to DogeDash. So far, DogeDash is a promising addition to the world of play-to-earn gaming.
As more and more players become interested in the game, the value of Dogedash (DOGE DASH) could emerge as one of the best meme coins to buy in 2023. If the hype builds up around meme coins, DOGE DASH could easily do 10x or more in 2023.
14. Dogs of Elon – One of the Best Meme Coins for NFT Betting Investors
When it comes to the world of non-fungible tokens (NFTs), there are a wide variety of projects to choose from. However, one cryptocurrency that is rapidly gaining attention is Dogs of Elon. The people behind Dogs of Elon describe this cryptocurrency as a better version of CryptoPunks.
Unlike CryptoPunks, which feature human avatars, Dogs of Elon focuses on K-9 avatars. There are 10,000 unique NFTs in the project, each of which is based on a different breed of dog. In addition to the visual appeal of avatars, Dogs of Elon also allows users to breed their own dogs, create kennels and participate in competitions. As the popularity of NFTs continues to grow, it will be interesting to see how Dogs of Elon evolves.
One thing is certain though; Community involvement is growing. This and the fact that the price took a hit in 2022 makes Dogs of Elon one of the best meme cryptocurrencies to invest in 2023.
15. Hoge Finance – The Best Meme Coin for Passive Income Through Staking
Hoge Finance, is an ERC-20 token self-staking DeFi. The meme-staking cryptocurrency is deflationary and one of the few meme coins with a limited supply. The mission of the project is to provide financial availability for everyone through the power of memes and staking. The community has already started working on dApp development, with the result that 25% of the total supply has been blocked.
The team plans to use a portion of the total supply to fund the development of additional features and integrations and reward contributors. The remaining tokens will be available for purchase on exchanges. Hoge Finance has already secured listing on some of the best cryptocurrency exchanges on the market, and more are likely to come to the market.
With these developments and the fact that the broader market is bearish, there’s a good chance that Hoge Finance is an undervalued cryptocurrency at current prices. This makes it one of the best meme coins to buy for 2023.
16. Battle Infinity – A Growing P2E Gaming Cryptocurrency
In a world where the boundary between digital and physical reality is becoming increasingly blurred, Battle Infinity offers a unique gaming experience that combines the best of both worlds. Built on Web 3.0 Battle Infinity is a decentralized platform that allows players to earn rewards for their gaming activity.
In addition, the platform’s metaverse-based features allow players to explore a vibrant and ever-changing world. As a result, Battle Infinity offers an immersive and immersive gaming experience unlike anything currently available. With its cutting-edge technology and innovative gameplay, Battle Infinity is poised to revolutionize the gaming industry.
A key factor that makes Battle Infinity one of the best meme coins to buy in 2023 is its Metaverse, popularly known as Battle Arena. This Metaverse allows players to participate in up to 6 play-to-earn games and earn different rewards. Players can compete against each other in various games, such as shootouts, races, and strategy games. In addition to making cryptocurrency rewards, players can also use the Battle Arena to bet on real-world events using the platform’s virtual currency, battle tokens. In essence, The Battle Arena is a safe and secure environment for users to play and earn rewards and offers an innovative way for players to earn cryptocurrency.
Battle Infinity also allows users to earn interest on their time. By betting tokens earned through gameplay, users can monetize their time and have a chance to earn interest. This not only provides an additional income stream for players, but also offers a way to offset gaming costs. In addition, the interest earned can be used to purchase in-game items or withdrawn from the game altogether. As such, Battle Infinity is providing a unique way for users to maximize their time and earn some extra money. This is likely to attract more users to the Battle Infinity and increase the value of IBAT tokens in the future.
So, what is the best meme coin to buy in 2023?
With nearly 20,000 cryptocurrencies on the market today, it can take some time to choose the best meme coin to invest in 2023. The good news is that the above cryptocurrencies are chosen based on extensive research, and each of them is worth investing in 2023.
We believe that Dogecoin is the best meme coin to buy in 2023. This is because it has strong brand recognition, and any new investor looking into meme coins will likely interact with DOGE first. In addition, the fact that it is one of Elon Musk’s favorite cryptocurrencies gives it an advantage over other meme coins on the market.
What is a cryptocurrency meme?
In 2013, a new type of digital asset emerged: meme coin. These coins are based on internet memes and their main purpose is to serve as a vehicle for entertainment. Unlike other digital assets, which are often associated with serious investments and high goals, meme coins are all about fun and humor. The most famous example is Dogecoin, which started as a joke but quickly gained a devoted following. While meme coins may not be taken seriously by the financial world, they have nevertheless managed to capture the imagination of many internet users. And who knows? One day one of these coins will achieve mainstream success. After all, strange things have happened.
Benefits of investing in meme coins
Investing in cryptocurrencies, whether meme coins or anything else, is a risky venture. This is because it is one of the most volatile markets out there. That said, the potential benefits of investing in meme coins outweigh the disadvantages. Some of them are as follows:
UFMO
Anyone who has been in crypto for a while knows that a cryptocurrency can easily go up by hundreds or even thousands of percent in times of FOMO. For example, in 2021, Shiba Inu made history after buying FOMO pushed it up by more than 40,000,000%.
Community involvement
The best meme coins tend to have strong communities around them. The larger the community, the better the engagement, and the more likely the meme coin is to do well in a bull market.
What determines the price of meme coins?
Below are some key factors driving the price of meme coins.
Social media
Most meme coins are created with the sole purpose of generating hype, and as such, their prices are often highly volatile. For example, Dogecoin, which was created as a parody of Bitcoin, saw its price rise by more than 400% in just one day after Tesla CEO Elon Musk tweeted about the coin.
Volatility
It’s no secret that investors are attracted to meme coins mainly because of their volatility. The potential for quick and massive gains is too tempting to resist. Of course, with these potential gains comes the risk of equally steep losses. But for many investors, the allure of getting rich overnight is too strong to pass up. In the past, this volatility has made people rich, so it’s understandable.
Expedience
Most investors find meme coins attractive because they are extremely affordable. Unlike more expensive cryptocurrencies like Bitcoin, you can invest in a considerable amount of a meme coin starting at $100.
How to invest in meme coins
You can buy meme coins on most major cryptocurrency exchanges. One of the best for beginner investors is eToro. eToro is regulated, which makes it safe. eToro also has a low minimum deposit, making it perfect for meme coin investors.
Conclusion
Meme coins continue to attract investor interest, and for good reason. They have proven to have the potential to dramatically magnify any small investment in a massive investment. From our analysis, Dogecoin is the best meme coin in 2023. That’s because Musk could integrate it into Twitter as a payment method.
Frequently Asked Questions (FAQ)
What is the best meme coin to buy in 2023?
While there are plenty of good meme coins to buy in 2023, Dogecoin’s connection to Elon Musk gives it an edge over the rest.
What is the best way to buy meme coins?
While there are many exchanges where you can buy meme coins, eToro is best. It has a low minimum deposit, and you can buy meme coins as low as $10.