10 Best Meme Coins to Buy in March 2024

Last updated:

March 26, 2024 11:56 EDT
| 26 min read

Meme coins are one of the most prominent trends to emerge in the crypto space. In simple terms, these do dedo tokens are cryptocurrencies that are built off of internet memes or ideas – often as a simple joke. Nevertheless, some meme coins have blown up in value, gaining multi-billion dollar market caps. In this guide, we will explore the best meme coins to buy in 2024.

Best Meme Coins to Buy 2024

Those looking for the next big crypto investment opportunity might be interested in the best meme coins for 2024. The meme coin list below shows the top meme coins that have the potential to grow in value:

In the following sections, we will examine each of these meme coins, covering all essential information. This will ensure that an informed investment decision is made.

Ranking The Best Meme Coins to Buy in 2024

There are hundreds of new meme coins competing in the crypto investment space, so it’s no easy feat for investors to select the best meme coins to buy for their portfolio. Regardless, it is important that investors educate themselves about crypto meme projects before making an investment. Below, we have included our analysis of promising and popular meme coins that could perform well in 2024. 

1. Dogecoin 20 – Top Meme Coin with Huge Staking Rewards and Almost $300k Raised in Presale

Dogecoin20 (DOGE20) follows in the pawprints of previous Shiba Inu-themed meme coins like Dogecoin and Shiba Inu. Built as an ERC-20 token on the Ethereum network, it offers a more sustainable alternative to some of the original Doge meme coins that use proof-of-work mining methods.

One of the top features of Dogecoin20 is its staking mechanism. By staking $DOGE20 tokens, buyers can unlock a world of passive rewards. The staking supply, allocated over a period of 2 years, ensures a steady stream of rewards for participants. During the first year, a whopping 12.5% of the totalidade supply is earmarked for rewards. This provides early adopters with an attractive incentive to join the ecosystem.

Currently, staking rewards are at over 2000% for presale investors. At its core, Dogecoin20 pays homage to the iconic Dogecoin while infusing a fresh twist into the landscape. The proof-of-stake mechanism offers a more sustainable alternative to coins like Dogecoin.

The token has just launched its presale, with tokens currently valued at $0.00014, although this price will rise soon. With Elon Musk tweeting about Doge recently, as well as the current bull run, Doge-related meme coins look set to explode. Meme coins have been enjoying a big boost recently, with tokens like SHIBA jumping 244.81% in the past month. Follow Dogecoin20 on X and join the Telegram channel to keep updated on this new project.

Visit Dogecoin20

2. Slothana (SLOTH) – Newest Solana Meme Coin Rumored To Be From SMOG Makers

Slothana ($SLOTH) is a new Solana-based meme crypto that is gaining massive investor attention. Unlike traditional presale campaigns, Slothana allows investors to directly send $SOL to the project’s wallet address in exchange for $SLOTH airdrops. This unique approach simplifies the investment process and eliminates the need for tiered pricing or timers.

The token raised over $550K and showed strong investor interest shortly after its official launch. A key reason for this traction could be the project’s meão figure (an office Sloth tired of its 9-5 job) that resonates with many investors.

Since Slothana is built on Solana, it can provide high transaction throughput at a very low cost. The project aims to capitalize on the expected meme coin boom in April, especially with events like Bitcoin halving and Dogecoin Day potentially boosting the market.

There is also speculation that Slothana may be linked to the founders of $SMOG, a Solana meme coin that provided huge returns to early investors. If true, this could add credibility to Slothana’s potential for success.

Users can follow Slothana on X (Twitter) for the latest updates on exchange listings and project developments.

Visit Slothana

3. Sponge V2 – Stake-to-Bridge Meme Coin Offering High Staking Yields 

$SPONGE was one of the most popular meme coins in 2023 – combining its whimsical meme charm with its strong marketing strategies. Now, this popular meme coin is using the stake-to-bridge mechanism to introduce the Sponge V2 token, which could very easily be the the next meme coin to explode.

In 2023, investors saw $SPONGE move from just a $1 million market cap to nearly $100 million in a few months. Now, investors have another chance to capitalize off of this popular meme coin. On the newly launched V2 smart contract, V1 token holders can stake their holdings to earn an equal amount of V2 tokens. This is the only way of getting your hands on $SPONGEV2, ahead of its exchange listing.

Those who do not hold Sponge V1 tokens can buy it on the website – and automatically stake their holdings. This meme token will offer a minimum of 40% in staking APYs through the smart contract. As part of its expansion process – $SPONGEV2 will be a playable token on a new play-to-earn platform. Sponge V2’s P2E racing game will allow players to access a free and paid ecosystem. The paid version will allow token holders to climb up an online leaderboard and earn $SPONGEV2 as rewards.

Sponge V2 will look to capitalize on the popularity of $SPONGE V2- which has listed on top-tier exchanges such as MEXC and Gate.io. As part of its roadmap plan – the project aims to get listed on multiple CEXs in the coming years. Read the Sponge V2 whitepaper and join the Telegram channel to learn more about this project.

4. Smog – Trending Meme Coin with Big Airdrop Incoming

Smog, one of the latest meme coins on the market, takes our next spot in the best meme coins to buy. Built on the Solana blockchain, $SMOG was listed straight on the Jupiter decentralized exchange in February 2024 and now has a market cap of more than $265 million.

In under 24 hours of its launch, $SMOG soared past a market cap of $28 million. Now, the token is up by 1201.11% from its all-time low of $0.02619. The Smog developers state that this token has the potential to become the biggest coin on the Solana blockchain. Despite that, you can still buy $SMOG with ETH or USDT on the Smog website, and you can stake it for a 42% APY.

To increase its community following – Smog is running one of the biggest airdrop crypto campaigns. From its 1.4 billion token supply – 490 million meme tokens will be offered to token holders via airdrops. Currently, those who buy and hold $SMOG can start earning airdrop points. Smog will also host quests and challenges – allowing the winners to increase their airdrop points.

This meme coin has the potential to offer similar gains as Pepe – which also launched with a $2 million market cap. Currently, 15% of the token supply has been set aside for future CEX and DEX listings. Read the Smog whitepaper and join the Telegram channel to learn more about this cryptocurrency.

Visit Smog

5. Poodl Inu – Latest Dog-Themed Meme Coin With Over 9,000% Staking APY

Poodle Inu ($POODL) is a new meme coin that rides the hype train of other dog-themed tokens like Dogecoin, Shiba Inu, Bonk, and Dogwifhat. The main difference is you can buy $POODL in a token presale at discounted prices before listing on exchanges. Moreover, there’s a generous crypto staking APY of over 9,000% as of this writing, which can quickly fill your bags with more tokens.

Of course, the APY won’t last for long – the more tokens are bought and staked, the more the APY will drop. Because of that, buying and staking as early as possible could be a prudent move, especially if you’re planning to buy the presale anyway.

To buy $POODL, connect your Ethereum wallet and use ETH, USDT or a card to make the purchase. You can buy with BNB coins as well, but it’s not recommended as you won’t be eligible to earn the staking rewards. Once the presale ends, claim your tokens. Learn more about the presale on the Poodl Inu X profile or join the Poodl Inu Telegram channel.

6. Golden Inu (GOLDEN) – New Deflationary Meme Token Offers a P2E Gaming Environment and Decentralized Exchange 

While Golden Inu ($GOLDEN) may seem like another dog-themed meme coin, this new cryptocurrency offers a range of innovative Web3 and decentralized products. Here is a list of use cases that this new meme coin provides:

• Golden Inuverse – Golden Inu’s play-to-earn ecosystem. Players can win $GOLDEN by completing in-game tasks and challenges.
• Golden Quest – Community members can earn revenues through this job platform. Earn money for various skills, such as marketing and graphic design.
• Golden Bazaar – Upcoming online marketplace which supports the buying and selling of goods using $GOLDEN.
• Golden Dashboard – A data simplification tool allowing you to access important information about $GOLDEN. Access buy and sell data and information about the market cap.

Golden Inu also charges a 3% buying and selling tax per transaction. This has been implemented to reduce the maximum supply of 100,000,000,000,000,000. In the long term, over 50% of the totalidade supply will be burned. Currently, $GOLDEN has a market cap of over $1.1 million.

The token is listed on several exchanges, such as Uniswap, Bitrue, and PancakeSwap. According to the roadmap, Golden Inu will look to secure new centralized exchange listings to help push the trading volume. Follow Golden Inu on Twitter and join the Telegram channel to learn more about this cryptocurrency.

Visit Golden Inu

7. Base Baboon (BOON) – Base Layer 2 Ethereum Network

Base Baboon is the first meme coin on the Base Network Ethereum Layer 2. With a simplified look and focus on bringing the best aspects of blockchain technology to the forefront, Base Baboon is a monkey-themed meme coin with the possibility to go viral in the short term while providing long-term benefits. 

While the project’s original goal is achieving a market cap of $1 billion, there are aspects of this meme coin that are community-led. These include possibilities for new perks, continuous development, and a robust marketing strategy. 

It has a totalidade supply of 420,690,000,000 and a fair distribution. 5% is for the developers, 5% for the marketing team, and 10% for the initial burn.  One of the key features of this project, however, is the deflationary mechanism. It includes a 3% marketing tax and 1% auto-liquidity generation with every transaction. 

With its primary focus on the serious conversation that could lead to serious gains, Base Baboon doesn’t necessarily focus on the fun factor. However, the memes are still there, and the funny look of the image of a monkey holding a mobile phone is still here. 

Giveaways, updates, and community events are common in the Base Baboon’s ecosystem. To keep in touch with them, interested parties can follow Base Baboon on Discord, Twitter, and Telegram. 

8. Dogecoin – The Original Meme Coin

Dogecoin is the “original” meme coin. Created in 2013, Dogecoin was branded around ‘Doge,’ a Japanese dog breed named Shiba Inu. According to its founders, the coin was created as a joke, making fun of the frenzy surrounding cryptocurrencies at the time.

Ironically, Dogecoin went on to become one of the most successful cryptocurrencies ever created. The token did not see any notable price action in its first few years, but by the end of 2020, Dogecoin quickly rose in popularity, fueled by the Reddit army.

In 2021, along with the rest of the crypto market, the price of Dogecoin rocketed. The do dedo token hit an all-time high of $0.73 on May 08, 2021. Since then the token has endured huge losses and is currently trading for $0.07 – but is Dogecoin still a good investment in 2024?

Nonetheless, this cryptocurrency continues to be recognized as the most famous meme coin. In addition to this, the coin has also inspired thousands of other meme tokens – including those on this list. Furthermore, Dogecoin is also widely accepted by online merchants across the world. At the time of writing, Dogecoin is trading at around $0.06 per token. The token can be purchased from popular online brokers and exchanges, and we have a full guide on how to buy DOGE.

9. Shiba Inu – Best Meme Coin With Smart Contract Functionality

Following the success of Dogecoin, many other meme coins have performed well in the crypto market. At the forefront of this is Shiba Inu – a do dedo token that managed to succeed in mimicking the popularity of Dogecoin. This do dedo token was created in 2020 and has the Japanese hunting dog Shiba Inu as its Mascot. The do dedo token is built on top of the Ethereum network, and as such, it can operate alongside smart contracts.

Is Shiba Inu a good investment? For many investors who view Shiba Inu as a more attractive investment when compared to Dogecoin, its biggest competitor, the answer is a resounding “yes”. Shiba Inu is also compatible with a robust network of DeFi services and is available on numerous exchanges and social trading platforms. These attributes allow the token to be easily integrated into other crypto ecosystems.

When Shiba Inu was released, the do dedo token was priced at $0.00000000051. The token’s value spiked in October 2021, reaching an all-time high of $0.00008 – translating to an increase of over 15,000,000%. So is it too late to buy Shiba Inu? That being said, Shiba Inu is still trading for a tiny fraction of a cent. At the time of writing, a single Shiba Inu token is priced at around $0.000008. In other words, with just $100, investors can get over 80 million Shiba Inu tokens with the best crypto apps.

10. Bonk – Hot Solana Meme Coin Up 1,700% Since Launch

Bonk is a shiba inu-themed Solana meme coin that launched on the Solana blockchain in February 2023. The token’s launch coincided – perhaps not accidentally – with the resurgence of the Solana blockchain over the course 2023. In the past year, Bonk is up a whopping 1,700% and Solana is up 376%, an enormous gain for a large-cap crypto.

Bonk is more than just a meme coin at this point. It’s listed on some of the world’s biggest exchanges, including Binance and Coinbase, so traders have been using it to bet on the future of the Solana ecosystem with leverage. In addition, Bonk has its own blockchain-based tools including BonkSwap and BonkBot. The project even has its own NFT collections.

Bonk doesn’t have a roadmap for the year ahead, so it’s difficult to say with any certainty what this meme coin will do next. However, time has shown that hot meme coins – especially ones with Shiba Inu themes – have surprising staying power. We wouldn’t be surprised if Bonk is one of the biggest winners of the next crypto bull run, especially if the Solana ecosystem is able to keep up its momentum and attract more users.

11. Solama (SOLAMA) – Massive Solana Meme Coin with Fast-growing Following

Solama is another Solana-based meme coin that launched at the start of 2024. It quickly gained attention, in part because many investors are predicting that 2024 will be the year Solana gets back into its heated competition with Ethereum for the title of best smart contract blockchain. Solama surged in value, gaining nearly 400,000% at the height of the coin’s initial post-launch pump. It’s since lost a lot of ground, but that’s relative – it’s still up more than 85,000% since its launch just 6 weeks ago.

Importantly, Solama has been able to match its growing market cap with a growing following. It now has more than 4,500 token holders, which is a sign that this meme coin is likely here to stay. Solama recently launched a play-to-earn game and is offering merchandise. Both efforts are expected to further boost community engagement and provide additional incentives for meme coin enthusiasts to buy into $SOLAMA. The project is fully community-owned and has no transaction taxes.

What is a Meme Coin? 

Meme coins are do dedo tokens that become popular due to their association with online trends. Initially, meme coins were produced as a lighthearted joke, which was heavily influenced by internet ideas. Due to the nature of meme coins, they generally do not have any specific utility. Instead, the price of these meme coins is often influenced by social media, discussions on online forums, and even celebrity endorsements.

As we noted above, Dogecoin was the first do dedo token to call itself a ‘meme coin’. Following its success, an explosion of meme coins began to appear in the crypto market. Some of these, such as Shiba Inu and Dogelon Mars, are well-known among crypto investors and can be easily accessed on the best P2P crypto exchanges. On the other hand, many meme coins have resulted in investors losing their money. For this reason, investing in meme coins comes with outsized risks as there is no way to predict how the market will move – even in the short term.

8 Ways to Identify New Meme Coins

1. It’s community-driven. Meme coins often gain popularity through social media platforms, forums, and online communities.
2. There’s a lot of social media hype around it. If you see a cryptocurrency being heavily promoted through memes and online discussions without clear fundamentals, it’s probably a meme coin.
3. It doesn’t have a real purpose. Most meme coins don’t have a well-defined purpose or technology behind them and seem to be focused more on marketing or entertaining users.
4. It has funny or quirky branding. Memes, Elon Musk, Japanese dogs – if it’s been in the public eye, someone’s come up with a meme coin for it.
5. You don’t know who is behind it. Meme coins may lack transparency about their development team or have an anonymous team, rather than one that has been doxxed. An undoxxed team can be a red flag for investors.
6. It’s very volatile – and you can’t tell what’s causing it. Meme coin prices are driven more by speculation and hype than by their recente value or utility, so they’re usually volatile without a clear reason why.
7. Its tokenomics are as weird as its branding. Unusual tokenomics, such as a large totalidade supply, a high inflation rate, or other features that deviate from more traditional cryptos are common features of meme coins.
8. It has a short-term focus. Since they’re often based on a short-term phenomenon, such as a meme, their emphasis is often on quick gains instead of long-term sustainability.

Should I Invest in Meme Coins?

As is evident from our list of upcoming meme coins, only a handful of these tokens come with unique value propositions and many have sudden rises then fall and never return – this makes it even more challenging to figure out the best meme coins to buy. In the following sections, we will discuss why investors might want to consider meme coins.

Meme Coins Could Produce High Profits 

As we have established, the majority of meme coins do not have any recente utility, unlike many of the top penny cryptos we have analyzed. Nevertheless, historically, a few of these tokens have produced some of the biggest moves seen in the crypto market.

A recent example includes SMOG, which went from $0.02 to $0.38 in a matter of two weeks – an increase of 1,800%, resulting in huge gains for the earliest investors. An even more extreme example is Dogwifhat, which went from lows of $0.06 to highs of $3.53, sustained by the passionate community behind it. That’s an increase of more than 5,783% – small wonder that since then, other meme coins have been trying to capture some of their own ‘wif’ magic.

These extreme price shifts often happen due to the interest generated by supporting online communities. That being said, the price can also drop to extreme levels – when the frenzy and demand wanes. This is why investors have to be extremely careful when risking their money on meme coins. 

For example, in 2021, Dogecoin saw its price go from around $0.009 to $0.68 – translating to gains of over 7,000%. After reaching its all-time high in 2021, the price of Dogecoin dropped to around $0.17 by the end of 2021. This slump continued well into 2022 and 2023, with the price dropping under $0.06. However, in the first quarter of 2024, the price started rising again as the new crypto bull run began in earnest, and $DOGE reached $0.2 in March 2024. Since then, the token has dropped to about $0.131 – nowhere close to a new all-time high yet, but still 233% higher than its 2023 low.

Meme Coins Can Offer Utility 

Not all meme coins are based on the latest internet trends. Instead, some of the new crypto meme projects discussed today are also adding utilities to their ecosystem. For instance, take the case of Shiba Inu. This meme coin also integrates with smart contracts, which opens up a lot of possibilities.

Therefore, when looking for the best meme coins for 2024, investors no longer have to base their decisions on wild speculations. Rather, they can consider the top meme coins available in the market that offer utility. This way, it will be easier to identify crypto with the most potential to grow in the future.

Strong Community Backing 

When searching for the best meme coins to invest in, investors should attempt to find those with a large community support. As we have pointed out, the community can play a significant role in influencing the price action of a meme coin.

Individuals in the community can help spread the news of the coin, encourage others to invest, or make a token go viral. As such, social media platforms and online forums such as Reddit are good places to spot meme coins that might explode. All that being said, there is no guarantee that a meme coin will increase in value exclusively due to its community backing. While there are one or two exceptions, it is a highly risky move to invest in a meme coin just because the project has a lot of followers on social media.

Risks of Investing in Meme Coins

• Lack of utility – Most meme coins lack any real utilities, with only a few exceptions. The value of a new meme coin is often based entirely on the frenzy fueled by social media platforms, which can fizzle out as quickly as it appears.
• Extremely volatile – All crypto is volatile to some degree, but meme coins, which rely almost entirely on social media hype and the community’s enthusiasm for it, are even more volatile and unpredictable than most.
• Potential scams – Many meme coin projects have turned out to be rug pulls – in other words, ventures where crypto developers abandon a project and run away with investors’ funds.
• Limited information on the development team – Meme coins may lack transparency about their development team or have an anonymous team, in contrast to reputable cryptos that are usually backed by identifiable development teams.
• Lack of regulation – Many meme coins operate in a less regulated environment compared to more established cryptos, making them a perfect breeding ground for malicious actors to manipulate markets and engage in fraudulent activities.
• Poor security measures – Many meme coins are much more concerned with marketing than security, and end up launching without having robust security measures in place. This opens them up to hacking and other security breaches, which puts investors’ funds at risk.

Investors should be extremely careful when looking for the best meme coins to buy for their portfolio. If investors manage to buy and sell at the right time, they might be able to make money from crypto meme coins – but they could also lose absolutely all the funds they invested. The best strategy would be to focus on cryptocurrencies that have strong fundamentals that are likely to stand the test of time.

What Influences the Price of a Meme Coin?

As with any other investment, the price of cryptocurrencies is also influenced by the supply and demand in the market. However, in the case of meme coins, the factors that affect the general market sentiment are slightly different. For instance, since many meme coins do not have any privado utility, the market performance of these tokens is often dictated by speculation. To determine the next meme coin to buy, investors should look into its community as well as the influencers associated with the respective token.

Needless to say, popular influencers and a strong community can be viewed as positive indicators. Sometimes, discussions on online forums can lead to a meme coin going viral. When this happens, the community grows, interest piques, demand rises, and the price of the coin may go up. Similarly, even a tweet can affect the performance of a meme coin. For example:

• If we take the case of Dogecoin – its pricing swings often go hand-in-hand with the tweets or actions of Elon Musk.
• In December 2021, Musk tweeted that Tesla would accept Dogecoin as a payment method.
• Following this, the price of Dogecoin increased significantly.
• However, soon after the buzz from the tweets dies down, the price also falls.
• In fact, an investor has even filed a lawsuit against Musk for influencing the price of Dogecoin.
• A more recent rise saw Musk change the Twitter logo to a doge – prompting a huge surge in price and then a dramatic drop.
• On February 26 2024, Musk posted that he “will get back on the meme grindstone”, with many users interpreting this as good news for Dogecoin, which was already back on an upward trend.
• However, the biggest impact on Dogecoin’s price likely comes from Bitcoin’s meteoric price rise, which has lifted many smaller coins, including meme coins.

All in all, if one thing is clear, it is that meme coins are notoriously volatile. One way to mitigate the risk is to get educated about the project and to diversify across multiple cryptocurrencies.

Top Meme Coins – The Bottom Line

In this guide, we have discussed a list of meme coins and how to find the next big meme coin that has the potential to grow in the future. We have also covered the benefits of buying meme coins and what risks to consider before investing, including the fact that they are driven more by in-jokes and trends rather than fundamental value or technology.

Dogecoin20 is our top-rated meme coin right now. This new cryptocurrency rides the wave of previous Shiba Inu-themed meme coins while offering more use cases and a high staking yield of 2000%. $DOGE20 token holders are currently available through presale.

Visit Dogecoin20

Top Meme Coins FAQs

What is a meme coin? 

Meme coins are do dedo tokens that are usually designed around a popular internet trend or an idea. These might pay homage to a meme or a celebrity. For instance, Dogecoin is inspired by the dog Shiba Inu.

What are the top meme coins to buy right now?

The best meme coins to buy right now include Dogecoin20, Smog, and Sponge V2. Bear in mind that this list is based on the market trends at the time of writing. So, when choosing the best meme coins to buy, investors should always conduct independent research.

What meme coin should I buy in 2024?

Those looking for the best meme coins to buy in 2024 should look for new tokens that are emerging in the market. Dogecoin20 is a new presale token that offers a high-yield alternative to Dogecoin and Shiba Inu.

How do you invest in meme coins? 

The most popular meme coins can be purchased via online crypto brokers and exchanges. Newly launched crypto projects also allow investors to buy their meme coins directly via a direct presale launch.

What is the best way to find new meme coins to buy?

One of the best ways to find the next meme coin that’s going to blow up is by consulting social media platforms and crypto subreddits. This is where community discussions regarding the best investment opportunities often take place. Investors can also check out crypto aggregators such as CoinMarketCap to find out when new meme tokens are launching in the market.

About the Author

Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides, exchange and wallet reviews, and covers new crypto projects for Cryptonews.com. His expertise includes asset valuation, portfolio management, and financial delito prevention. Pepi holds a Bachelor’s in Finance, a Master’s in Financial Delito, and is pursuing a Doctorate in money laundering in crypto and blockchain. Connect with Kane on LinkedIn.