15 Best Meme Coins to Buy in 2024 – New Meme Coins for December

Meme coins might have started out as a joke, but they’ve quickly made a name for themselves in the crypto world, with some seeing gains of over 10,000%. With Bitcoin hitting $86K after Trump’s victory in the 2024 US election, the meme coin market has already started seeing some big gains, too.

As Bitcoin nears the $100K mark, the demand for meme coins is rising. This makes it even more important to carefully search for the best meme coins to invest in.

Fortunately for investors, we’ve already done the research. This guide lists 15 of the most popular meme coins that could explode in 2024.

Wall Street Pepe ($WEPE)

• Hold $WEPE to get access to Wall Street Pepe's exclusive trading insights and signals
• Become a trading alpha and join the Wepe Army
• Earn even more by submitting your best trades and staking $WEPE

Project Launched

November 2024

Meta

Meme

Purchase Methods

• 
  BNB
• 
  Debit
• 
  ETH
• 
  USDT
• +1 more

Learn More

Crypto All-Stars ($STARS)

• Stake all the top meme coins on one platform
• Earn staking APY of over 5,000% for staking $STARS
• $STARS holders get 3x the rewards

Project Launched

August 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  BNB
• 
  Debit
• +1 more

Learn More

Catslap ($SLAP)

• Cat themed meme coin here to dethrone the top dogs
• Stake $SLAP tokens to earn high rewards
• Fair launch straight to DEX meaning everyone has access

Project Launched

November 2024

Meta

Meme

Purchase Methods

• 
  USDT
• 
  Debit
• 
  ETH

Learn More

Flockerz ($FLOCK)

• Innovative Vote-to-Earn protocol where users can vote on the projects direction and earn $FLOCK
• Decentralized meme coin puts power back in the hands of the community
• Earn a huge ROI by staking $FLOCK tokens

Project Launched

September 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  BNB
• 
  Debit
• +1 more

Learn More

Pepe Unchained ($PEPU)

• Pepe Unchained - the first meme crypto project running on its own Layer 2 blockchain
• Viral presale has raised $11 million with staking rewards currently at 175% APY for early investors
• $PEPU's Layer 2 blockchain means reduced operational costs, faster speeds, and lower fees

Project Launched

June 2024

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Debit
• 
  BNB
• +1 more

Learn More

Sponge V2 ($SPONGE)

• Hot Meme Coin Project With Play to Earn Utility and Staking
• Price has Pumped 10x in Last Month, Rumored to be Listing on Binance
• Over 12k Holders and Growing

Project Launched

December 2023

Purchase Methods

• 
  ETH
• 
  USDT
• 
  Debit

Learn More

Meme Index ($MEMEX)

• First decentralized meme coin index with community governance
• Invest in four different meme coin baskets depending on your risk tolerance
• Meme coin with serious staking rewards and yield farming options

Project Launched

December 2024

Meta

Meme

Purchase Methods

• 
  ETH
• 
  BNB
• 
  Debit
• 
  USDT
• +1 more

Learn More

DOGE² ($DOGE²)

• Layer-2 Solution for Dogecoin blockchain with huge staking rewards
• Bridge instantly from Ethereum to Dogecoin with cheap transaction fees
• Meme coin bringing DeFi to the Dogecoin universe

Project Launched

November 2024

Meta

Meme

Purchase Methods

• 
  ETH
• 
  Tether
• 
  BNB
• 
  Debit
• +1 more

Learn More

Table of Contents Table of Contents

1. Top 15 Meme Coins to Invest in Ranked
2. Expert Reviews of the Best Meme Coins
   1. 1. Wall Street Pepe ($WEPE) - Best Pepe-Themed Meme Coin Offers Exclusive Trading Insights
   2. 2. Crypto All-Stars (STARS) - Join the First-Ever "Memevault" and Stake Iconic Meme Coins
   3. 3. CatSlap ($SLAP) - Exciting Cat-Themed Meme Coin With Viral Community Game
   4. 4. Flockerz ($FLOCK) - Decentralized Meme Coin With Vote-To-Earn Rewards
   5. 5. Pepe Unchained ($PEPU) - Ethereum L2 Meme Coin That Offers Fast Transaction Speeds
   6. 6. Sponge V2 ($SPONGEV2) - Next-Level Polygon-Based Meme Token That Provides 21% APY
   7. 7. MemeLife ($MEMELIFE) - Meme Coin Offering Utility Through a Telegram Bot
   8. 8. TravelPETE ($PETE) - Trending New Meme Coin That’s Disrupting the Travel Industry
   9. 9. HappyHamster20 ($HPH20) - New Meme Coin Rewarding Presale Investors with a Tesla Model S
   10. 10. Brett (Based) ($BRETT) – Popular Meme Coin on the Base Blockchain
   11. 11. First Neiro on Ethereum ($NEIRO) – Meme Cryptocurrency Hailed as $DOGE's Successor on Ethereum
   12. 12. Pepe ($PEPE) – Explosive Meme Coin That Gained 10,000+% and Retains a Market Cap Over $9.14 Billion
   13. 13. Shiba Inu ($SHIB) – Tried-And-True Meme Coin Now Offering Utility on the Shibarium Network
   14. 14. Dogecoin ($DOGE) – The OG Meme Coin That Now Has a $60 Billion Market Cap
   15. 15. Floki Inu ($FLOKI) – Doge-Themed Meme Cryptocurrency Inspired by Elon Musk’s Real-Life Dog
3. Our Meme Coin Review Methodology
4. What Is a Meme Coin?
   1. How Many Meme Coins Are There?
5. Are Meme Coins a Good Investment?
   1. Explosive Price Potential
   2. Low Prices
   3. Building Community
   4. Staking Opportunities
   5. High Volatility
   6. Fun and Entertainment
6. Potential Risks of Meme Coins
   1. Price Volatility
   2. Regulatory Uncertainty
   3. Scams and Pump-and-Dump Schemes
   4. Decline in Investor Interest
   5. Lack of Transparency
7. How to Find New Meme Coins With High Potential
8. Where Can Meme Coins Be Traded?
9. Meme Coins Are More Than Just Memes Now
10. FAQs

Show Full Guide

Table of Contents

1. Top 15 Meme Coins to Invest in Ranked
2. Expert Reviews of the Best Meme Coins
   1. 1. Wall Street Pepe ($WEPE) - Best Pepe-Themed Meme Coin Offers Exclusive Trading Insights
   2. 2. Crypto All-Stars (STARS) - Join the First-Ever "Memevault" and Stake Iconic Meme Coins
   3. 3. CatSlap ($SLAP) - Exciting Cat-Themed Meme Coin With Viral Community Game
   4. 4. Flockerz ($FLOCK) - Decentralized Meme Coin With Vote-To-Earn Rewards
   5. 5. Pepe Unchained ($PEPU) - Ethereum L2 Meme Coin That Offers Fast Transaction Speeds
   6. 6. Sponge V2 ($SPONGEV2) - Next-Level Polygon-Based Meme Token That Provides 21% APY
   7. 7. MemeLife ($MEMELIFE) - Meme Coin Offering Utility Through a Telegram Bot
   8. 8. TravelPETE ($PETE) - Trending New Meme Coin That’s Disrupting the Travel Industry
   9. 9. HappyHamster20 ($HPH20) - New Meme Coin Rewarding Presale Investors with a Tesla Model S
   10. 10. Brett (Based) ($BRETT) – Popular Meme Coin on the Base Blockchain
   11. 11. First Neiro on Ethereum ($NEIRO) – Meme Cryptocurrency Hailed as $DOGE's Successor on Ethereum
   12. 12. Pepe ($PEPE) – Explosive Meme Coin That Gained 10,000+% and Retains a Market Cap Over $9.14 Billion
   13. 13. Shiba Inu ($SHIB) – Tried-And-True Meme Coin Now Offering Utility on the Shibarium Network
   14. 14. Dogecoin ($DOGE) – The OG Meme Coin That Now Has a $60 Billion Market Cap
   15. 15. Floki Inu ($FLOKI) – Doge-Themed Meme Cryptocurrency Inspired by Elon Musk’s Real-Life Dog
3. Our Meme Coin Review Methodology
Show Full Guide
4. What Is a Meme Coin?
   1. How Many Meme Coins Are There?
5. Are Meme Coins a Good Investment?
   1. Explosive Price Potential
   2. Low Prices
   3. Building Community
   4. Staking Opportunities
   5. High Volatility
   6. Fun and Entertainment
6. Potential Risks of Meme Coins
   1. Price Volatility
   2. Regulatory Uncertainty
   3. Scams and Pump-and-Dump Schemes
   4. Decline in Investor Interest
   5. Lack of Transparency
7. How to Find New Meme Coins With High Potential
8. Where Can Meme Coins Be Traded?
9. Meme Coins Are More Than Just Memes Now
10. FAQs

Expert Reviews of the Best Meme Coins

Some of the things we took into consideration while reviewing our top meme coins of 2024 included:

• Market potential
• Whitepaper
• Tokenomics
• Community engagement
• Trading volume

There were a couple of other factors as well, and we have explained these at the end of this guide. Let’s take a closer look at the 15 best meme coins to buy:

1. Wall Street Pepe ($WEPE) – Best Pepe-Themed Meme Coin Offers Exclusive Trading Insights

We have picked Wall Street Pepe ($WEPE) as the best meme coin to watch in 2024. This hilarious project aims to bring a loyal community of followers who will take on the Wall Street degens. 

With a goal to provide users with potentially profitable outcomes in the crypto space, Wall Street Pepe will offer trading insights, alpha calls, and trading strategies to $WEPE token holders. Furthermore, a VIP group will be formed, allowing token holders to interact with each other and discuss strategies. 

$WEPE, the native token, has a total supply of 200 billion tokens – of which 40 billion are being allocated through the ongoing presale. At press time, $WEPE is priced at just $0.000202 per token. Within just a few days, the presale has raised over $640K. 

To learn more about the project, go through the Wall Street Pepe whitepaper and join the Telegram channel. 

2. Crypto All-Stars (STARS) – Join the First-Ever “Memevault” and Stake Iconic Meme Coins

Launched in August 2024, Crypto All-Stars ($STARS) is the latest crypto project to enter the meme coin space. When it launches, MemeVault will be the first-ever multi-chain meme token staking ecosystem for holders to stake their favorite coins.

Priced at $0.0015997 in presale, $STARS tokens offer plenty of benefits for people who choose to hold and stake them. For example, early participants in the project can stake $STARS for over 365% APY.

$STARS holders can enhance their meme coin earnings with a 3x APY boost when staking the native token. By staking or “vaulting” in the MemeVault, investors can also receive $STARS rewards.

Make sure you give the Crypto All-Stars whitepaper a read, and also join their Telegram channel to stay updated with new features and community events.

3. CatSlap ($SLAP) – Exciting Cat-Themed Meme Coin With Viral Community Game

CatSlap ($SLAP) is a new trending crypto project that’s centered around its community-engaging slap game and feline figurehead. $SLAP, the native token, recently had its fair launch where it was listed on the Uniswap decentralized exchange (DEX).

Currently, $SLAP is priced at $0.00220942 per token and can be purchased from leading crypto wallet Best Wallet’s “Upcoming Tokens” page, featuring early and trusted crypto projects. With a 99% DEXtools score and a SolidProof audit, CatSlap shows high reliability as a meme coin.

Although CatSlap’s highly addictive slapping game is globally competitive and inclusive, there is currently no way of earning from slaps. However, 10% of the total $SLAP supply is reserved for community rewards, making it possible for a “Slap to Earn” game to be developed in the future.

Stay updated with CatSlap, especially as the $SLAP token could get listed on top exchanges like Binance. For the latest news, follow CatSlap on X and join the Telegram channel.

4. Flockerz ($FLOCK) – Decentralized Meme Coin With Vote-To-Earn Rewards

Flockerz ($FLOCK) is one of the best meme coins to buy as it’s fully decentralized and offers an incredibly high staking APY of 764%. Once the presale is over, token holders will get voting rights in the Flocktopia DAO, where they can vote on important decisions like new features, token burns, marketing strategies, and more.

By voting, DAO members earn more $FLOCK tokens – and 25% of the total supply is allocated for this purpose. Another 25% is reserved for staking rewards.

With an impressive dynamic staking APY of over 764%, early investors have a great opportunity to grow their holdings quickly while also playing an active role in the governance of this meme cryptocurrency. It could very easily be the next meme coin to explode.

Check out the Flockerz whitepaper and Telegram channel for more information.

5. Pepe Unchained ($PEPU) – Ethereum L2 Meme Coin That Offers Fast Transaction Speeds

Pepe Unchained ($PEPU) is an innovative new meme coin that leverages its own Ethereum-based Layer 2 (L2) blockchain for higher scalability, faster transactions, and increased staking rewards. By offloading transactions from the main network, $PEPU reduces operating costs and boosts efficiency, allowing for higher staking returns.

For example, $PEPU holders can earn a live annual yield of 69% by staking their tokens. Long-term stakers benefit from continuous passive income, as 30% of the total $PEPU supply is allocated to staking pools.

These are just a few reasons why $PEPU is one of the most promising altcoins of 2024. You can follow Pepe Unchained on Telegram and read the team’s whitepaper to learn more about their vision, tokenomics, and future plans.

6. Sponge V2 ($SPONGEV2) – Next-Level Polygon-Based Meme Token That Provides 21% APY

Sponge V2 is the next step for $SPONGE, a meme coin that hit a $100 million market cap in 2023. Although the V1 token has seen a drop in value since then, Sponge V2 aims to bring the project back to life and reconnect with the community, bringing new opportunities for growth and engagement.

This Polygon-based meme token employs a bridge-to-stake mechanism, so that Sponge V1 investors can convert their tokens to the new V2 iteration. As a result, holders who swap their tokens receive an additional 21% staking APY. Since the bridging process is now complete, $SPONGE tokens can be purchased directly from the project’s official website.

Sponge V2 plans to launch a Play-to-Earn (P2E) competitive racing game, which will be released as both a free and paid version. If you’d like to read about it, take a look at the Sponge whitepaper and subscribe to their Telegram channel.

7. MemeLife ($MEMELIFE) – Meme Coin Offering Utility Through a Telegram Bot

MemeLife ($MEMELIFE) is one of the best meme coins to buy now while it’s in presale. During the presale, there will be several stages – and each stage will have a higher token price than the previous one. The first stage gives investors the chance to buy the token at $0.001, while the last stage will offer the token for $0.01.

Unlike most meme coins that have no utility, MemeLife provides a Telegram bot for launching new tokens that doesn’t require coding knowledge. It will also help investors buy tokens while providing real-time data.

The $MEMELIFE token is built on Solana, but investors on Ethereum and Binance blockchains can buy the token with their native coins or stablecoins. The project also has a Medium page where the team actively shares updates, news, and insights – and you can also follow them on Telegram and X.

8. TravelPETE ($PETE) – Trending New Meme Coin That’s Disrupting the Travel Industry

Another promising meme coin to consider is TravelPETE ($PETE). It’s an innovative crypto project that wants to disrupt the travel industry by incorporating AI and blockchain. The platform’s goal is to make an AI-powered travel assistant that can help people plan their trips and make the process more convenient.

It’s worth noting that 50% of the 20 billion supply is set aside for the presale phase. The current presale price is set at $0.00052 per token. Early buyers can also capitalize on the high staking APY during the presale (currently 13,250%), which will decrease over time.

To learn more about this meme coin project, check out the TravelPETE whitepaper and subscribe to the team’s Telegram channel.

9. HappyHamster20 ($HPH20) – New Meme Coin Rewarding Presale Investors with a Tesla Model S

HappyHamster20 ($HPH20) is a cheerful meme coin bringing positivity to the crypto space, inspired by the viral sad hamster meme but reinvented with a vibrant, happy mascot. Unlike typical meme coins, HappyHamster20 focuses on creating value for its community and making a global impact.

The project has committed $100,000 to global charities, blending humor with meaningful contributions. For its token holders, HappyHamster20 offers monthly rewards and exciting incentives, including a chance to win a brand-new Tesla Model S during the presale. 

With a total token supply of 200 billion, 25% is reserved for the presale, while 15% is allocated for community rewards via airdrops. This ensures a strong focus on engaging and rewarding its growing community. So far, the $HPH20 presale has raised over $30K in a couple of weeks. 

By combining laughter, innovation, and philanthropy, HappyHamster20 aims to set itself apart in the world of meme coins. Join the HappyHamster20 Telegram channel to learn more about the project.

10. Brett (Based) ($BRETT) – Popular Meme Coin on the Base Blockchain

Brett (Based) launched on the Base blockchain as a tribute to the iconic character from Matt Furie’s Boys’ Club comic. With a market cap of $877 million and a current price of $0.165176, Brett has established itself as “the blue mascot of the blue chain.”

It’s worth noting that Brett’s launch was met with high investor enthusiasm, partly driven by its strong partnerships with important players in the crypto space. Coinbase’s Base L2 ecosystem is expanding rapidly with numerous projects being built, enabling meme coins like $BRETT to leverage its resources and build a solid foundation for growth.

Brett’s strong community support also plays a crucial role, as many community members have a bullish outlook for the token’s future. Follow the $BRETT team on X for the latest updates.

11. First Neiro on Ethereum ($NEIRO) – Meme Cryptocurrency Hailed as $DOGE’s Successor on Ethereum

First Neiro launched on Ethereum in August 2024. With strong investor support, the meme coin reached an all-time market cap of $731.92 million in October 2024. It aims to follow in the footsteps of blue-chip meme coins like Dogecoin, led by community-driven growth.

Neiro’s origin story is inspiring. It was once abandoned, but found a second chance through a community-driven resurgence. After Vitalik Buterin donated $500K to animal welfare, the team and community behind Neiro gained credibility among meme coin enthusiasts – and became the first meme coin collective since Shiba Inu to interact directly with the Ethereum co-founder.

Follow Neiro on X to stay informed about the latest updates and announcements.

12. Pepe ($PEPE) – Explosive Meme Coin That Gained 10,000+% and Retains a Market Cap Over $9.14 Billion

Pepe ($PEPE) is one of the most successful meme coins since Dogecoin and Shiba Inu. It increased by over 10,000% in April, capturing mainstream attention and demonstrating that significant gains are still possible in crypto, even amid a market downturn.

Based on the Pepe the Frog meme, $PEPE has inspired many copycat tokens. Nonetheless, this memecoin remains one of the biggest in the world – and maintains a market cap exceeding $8 billion, with over $5.3 billion in daily trading volume. Given its popularity and trading activity, $PEPE still has the potential for further growth this year.

13. Shiba Inu ($SHIB) – Tried-And-True Meme Coin Now Offering Utility on the Shibarium Network

Shiba Inu, known as the original “Doge Killer,” rocketed to fame in 2021, when it reached an all-time high of $0.000080. With a market cap exceeding $14.13 billion, it ranks as the 11th-largest cryptocurrency and is the second-largest meme coin after Dogecoin.

The crypto winter hit $SHIB hard, but the 2023 launch of the Shibarium network signaled the start of a powerful turnaround. The Shibarium custom blockchain supports ultra-fast, low-cost transactions and enables $SHIB staking, which helps to boost the token’s value.

Following the resurgence of the crypto market in 2024, $SHIB is an important memecoin to watch for the foreseeable future.

14. Dogecoin ($DOGE) – The OG Meme Coin That Now Has a $60 Billion Market Cap

Dogecoin is the original meme coin, launched way back in 2013 as a joke. It was originally a fork of Luckycoin (itself a fork of Litecoin), and has no cap on $DOGE tokens that can be mined.

Despite its unlimited supply, many see Dogecoin as the future of money due to its ability to facilitate instant, low-cost transactions worldwide. It has also attracted the attention of the world’s richest man, Elon Musk, who has collaborated with the token’s development team since 2019 and expressed interest in expanding Dogecoin’s future utility.

Following the election of Donald Trump as the next President of the United States, and Elon Musk’s approved goal of establishing a US Department of Government Efficiency (D.O.G.E.), Dogecoin pumped from $0.22 to over $0.39 – and it looks likely to move even higher as the new US government elaborates on its future plans.

15. Floki Inu ($FLOKI) – Doge-Themed Meme Cryptocurrency Inspired by Elon Musk’s Real-Life Dog

Floki Inu ($FLOKI) is a Shiba Inu-themed meme coin named after Elon Musk’s dog, Floki. While it has no inherent utility, the token gained massive popularity, jumping over 7,000% shortly after its launch and reaching a trading volume of $225 million.

Despite a significant drop from its peak, $FLOKI remains strong, up more than 690% in the past year. Since Donald Trump’s election, and Elon Musk’s involvement in the next US government, $FLOKI has emerged as yet another prominent meme coin with no limits in sight. Its market cap stands at $2.48 billion as of November 2024, and looks set to pump even further.

What Is a Meme Coin?

A meme coin is a cryptocurrency inspired by an internet meme or designed to become one. These coins usually lack utility and don’t aim to solve real-world problems, focusing instead on uniting the crypto community with humor.

Despite their light-hearted nature, meme coins have become significant in the crypto market, often experiencing massive price spikes, making them popular for speculative trading.

The original meme coin, Dogecoin, started as a joke based on a Shiba Inu meme. While some tokens with utility might exhibit meme properties, true crypto meme coins often use playful elements like a Shiba Inu logo or symbolic numbers like 69 or 420. Although Dogecoin has its own blockchain, most meme coins today are ERC-20 tokens on the Ethereum blockchain.

How Many Meme Coins Are There?

Pinpointing the exact number of meme coins is challenging because new ones are constantly being created. However, there are thousands of them, reflecting their widespread popularity and the frequent introduction of new tokens.

At the time of writing, the combined market capitalization of meme coins is over $106.68 billion. This impressive figure highlights the significant interest and investment in this unique segment of the cryptocurrency market.

Are Meme Coins a Good Investment?

Whether meme coins are a good investment or not largely depends on how risk-averse you are. These cryptocurrencies are extremely volatile, which means they offer the potential for huge gains but also significant losses. On top of that, early investors get the largest profits, and knowing how to find new meme coins early is immensely important.

Here are some benefits of investing in a meme coin:

Explosive Price Potential

Investors are drawn to meme coins for their potential to create millionaires. Many, known as “Dogecoin millionaires,” made fortunes when Dogecoin soared in 2020-2021. The same happened with Shiba Inu in 2021 and Pepe earlier this year.

While there’s no guarantee that any meme coin will skyrocket, it’s happened often enough that investors recognize the potential for huge short-term gains.

Low Prices

The market is flooded with numerous meme coins, leading to high competition and low individual coin prices. Many meme coins, particularly new ones, have low prices. This affordability allows you to buy large quantities with a relatively small investment. This is especially appealing to those looking to hold a significant amount of digital assets in the hope of profiting from a future price surge.

Building Community

Investors are drawn to meme coins not just for potential returns, but also for the vibrant communities they foster. Meme coin investors often value the fun and camaraderie as much as financial gains, creating an enjoyable atmosphere.

Psychologists highlight that a strong sense of community is the biggest draw of meme coins. This collective backing can boost the coin’s price, and adds non-monetary value through the community experience.

Meme coin projects aim to build loyal, close-knit communities where investors support each other through highs and lows – a unique aspect in the investing world that appeals to many.

Staking Opportunities

Many meme coins now offer staking rewards, allowing investors to earn additional tokens by validating transactions. Staking provides a way to increase investment returns over time, regardless of token value fluctuations.

The potential gains from staking are substantial, especially if the token’s price rises. Meme coin APYs can be very high, often reaching triple digits.

High Volatility

Volatility refers to the frequency and amplitude of price spikes in a cryptocurrency. Crypto meme coins are highly volatile, experiencing significant price swings in short periods.

While high volatility might not appeal to long-term investors, it’s ideal for day trading. Traders can capitalize on these price swings by entering and exiting positions quickly, sometimes making multiple trades on a single token in a day.

Fun and Entertainment

Another reason investors are drawn to meme coins, both old and new, is the enjoyable and light-hearted engagement they provide within the crypto community. The entertainment value adds a unique appeal to the investment experience, making it more enjoyable than traditional investments.

Potential Risks of Meme Coins

Meme coins have the potential to deliver life-changing gains for investors when things go well. However, it’s important to remember that you can also lose money if you’re not careful. Let’s take a closer look at some of the potential risks of investing in meme coins:

• Price Volatility

Volatility in meme coins can lead to quick gains, but also rapid losses. Prices often spike early in a meme coin’s life, then drop sharply. You can mitigate losses with automated orders like stop losses or by exiting positions early to lock in gains.

• Regulatory Uncertainty

Crypto investors need to be prepared for regulatory uncertainty that can impact prices across the market, and hit meme coins especially hard.

In the US, there is uncertainty over whether meme coins could be considered unregistered securities. However, following the election of Donald Trump (who has indicated powerful support for the crypto industry and its regulatory landscape), it seems likely that this uncertainty will soon pass. That said, risk management will always remain an essential aspect of any investor’s trading and investment strategies, as unexpected events could cause meme coin prices to drop without warning.

• Scams and Pump-and-Dump Schemes

Scams are a frequent threat in the crypto industry, especially with new token launches. Meme coins are particularly susceptible, since their success relies on early investor interest. A prevalent scam is the rug pull/pump and dump, where developers withdraw funds raised during a presale, draining the project’s liquidity and rendering the token worthless.

The $BALD token is a classic example of a rug pull. The development team ran off with $25.6 million after investors piled into the token’s ICO on Coinbase’s new Base launch platform. The $BALD token had plunged over 90% in value by the time it became clear it was a rug pull.

• Decline in Investor Interest

Meme coin investors should be cautious about holding the tokens over long-term. While some, like Dogecoin and Shiba Inu, have lasted for years, many quickly decline in value after an initial surge. New meme coins constantly emerge, leading investors to lose interest in older ones, resulting in sell-offs. Prices rely heavily on trading volume and demand – so without new interest, prices can fall.

• Lack of Transparency

The lack of transparency is a major issue with many meme coins. As the tokens are often created by anonymous developers, it’s hard for investors to gauge their credibility. These projects usually lack clear roadmaps and have opaque token distribution, raising concerns about manipulation.

Communication from meme coin teams is often limited, making it difficult to get reliable updates. Additionally, marketing materials can be exaggerated or misleading. This opacity increases regulatory risks and potential for fraud. Investors should be cautious and thoroughly research before investing in meme coins due to these transparency issues.

How to Find New Meme Coins With High Potential

One of the most challenging parts of investing in meme coins is finding high-potential tokens before they begin skyrocketing. The most successful meme coin investors are the ones who spot promising projects early, before other investors realize how big they can become.

There are several ways to find the newest meme coins that will explode after launch:

Where Can Meme Coins Be Traded?

Meme tokens can be traded on top cryptocurrency exchanges, both centralized and decentralized. Major exchanges like Binance, Coinbase, Kraken, HTX, KuCoin, Bybit, and Bitget all have lists of meme coins that you can view.

Decentralized exchanges such as Uniswap, PancakeSwap, and SushiSwap also offer trading for these tokens. Always do your own research to choose the best platform for buying crypto meme coins.

Finding an upcoming Binance listing can be very useful, since it’s the largest exchange and meme coins tend to experience a price boost as soon as they’re listed there.

Meme Coins Are More Than Just Memes Now

Meme coins have produced fortunes for savvy investors who got in on the ground floor of popular projects and sold at the peak. While not every meme coin will be successful, we’ve identified 15 projects that we think have the potential to offer high returns for investors in 2024.

One of the best meme coins for 2024 is Wall Street Pepe ($WEPE) – a utility-driven token that offers trading insights and alpha calls to investors, along with staking rewards.

FAQs