- Regarding investment, all investors and traders are becoming more and more discerning.
- Also, all meme coins are losing steam as projects with little speculation.
In the dynamic cryptocurrency market, all investors and traders are always drawn to the novelty of meme coins. Also, it is always important to identify the top contenders as of 2023, and that too within the niche market. Keep reading this content piece, as it will take a deep dive into some meme coins and examine some of the most promising options for the whole potential investment.
Top Meme Coins to Consider in 2023
The below meme coins are analyzed according to market performance, community engagement, and technological innovation. Every meme coin has very different characteristics, which keep them different from one another. Here’s a detailed view of the top meme coins of the year 2023.
After a rocky road so far, Floki is the meme coin that finally gained traction in 2023. Also, there is no purpose for this meme coin; all the team members have quickly realized that there is a crypto-investing community. Floki tokens serve different purposes.
So, the three purposes of Floki are the native token of Valhalla, FlokiPlaces, a marketplace where one can very easily use Floki to buy different items, and the last purpose, the play-to-earn game.
- Shiba Memu
So, this is the second meme coin on the list. Shiba Memu is the one that is promising meme coin investments that will gain a lot of attention in the cryptocurrency market in the year 2023. Given the current frenzy around meme coins interested in artificial intelligence (AI), Shiba Memu stands out by using AI-based software to differentiate itself. Develop its marketing strategy and promote its platform in various online social networks and communities.
This was the meme coin that was launched in April 2023. The Pepe meme coin is based on the popular frog meme, which dates back to 2005. This is also a decentralized cryptocurrency that is not subject to the government or some other financial institution’s control.
To make a successful cryptocurrency, all the Pepe team members are actively working towards the same goal.
This is the first successful meme coin on the market. Dogecoin is the one that has been defying all the different expectations for some time. Despite the lack of money and benefits, its community continues to have continued support, which is the main factor contributing to the growth of the viral meme coin industry. There are also current discussions about various developments that could improve Dogecoin and ultimately create problems for dog-themed defi tokens that could lead to a year of the bull race.
Launched in May 2023 by the Bored Ape Yacht Club (BAYC) along with Animoca Brands, ApeCoin is a cryptocurrency that eventually runs on the Ethereum blockchain. This is also used to power the Bored Ape metaverse and some other projects that Yuga Labs develops.