7 Best Meme Coins To Buy This Week For Massive Gains
The Best Meme Coins to Buy for Your Investment Portfolio
The crypto world has seen explosive growth in recent years, with meme coins taking a front-row seat in this vibrant ecosystem. These digital assets, inspired by internet memes or popular culture, have skyrocketed in popularity, thanks to their fun, community-driven nature. But with hundreds of new meme coins flooding the market, how do you choose the best meme coins to buy?
In this article, we’ll explore; what meme cryptocurrency are, the top meme coins to buy right now, and factors to consider when choosing meme coins to buy. So whether you're curious about meme coins to buy or seeking insights into how to buy meme coins, this article has got you covered!
What Are Meme Coins?
Meme coins are cryptocurrencies inspired by internet memes or pop culture trends. Unlike bitcoin or other established digital assets, meme cryptocurrency often begins as a joke or parody. However, some of these meme tokens have grown into serious contenders in the crypto market as they’re backed by an active community and significant market capitalization.
Dogecoin, the first and most iconic meme coin was created in 2013 by Jackson Palmer and Billy Markus. This meme coin was based on the popular Shiba Inu dog meme and its success has inspired and laid the foundation for other meme coins like Shiba Inu and Floki Inu.
Why Invest in Meme Coins?
Investing in meme coins is not just about money, it’s about participating in a movement fueled by meme culture and community engagement. Here are some reasons why you should invest in meme coins;
1. High Returns for Early Investors
Many early investors who invest in meme coins have seen incredibly high returns. For example, Shiba Inu turned some small investments into fortunes during its peak.
2. Community Support
An active community is the backbone of any successful meme cryptocurrency. Dog meme coins like Dogecoin and Shiba Inu thrive because their communities promote them tirelessly.
3. Fun and Humor
Unlike traditional investments, meme coins bring an element of fun and humor to the crypto space, making them appealing to Gen Z audiences.
4. Low Price Entry
Many meme coins have a low starting price, making them accessible for new crypto investors looking to diversify their portfolios.
The Top 7 Meme Coins To Buy Right Now
Here’s a top 7 list of the best meme coins to buy right now.
1. Dogecoin
Launched in 2013 by Billy Markus and Jackson Palmer as a joke, Dogecoin has become one of the most widely known meme coins in the market. Dogecoin is the first meme coin to exist and it has managed to maintain a significant following, partly thanks to Elon Musk’s endorsement.
DOGE is currently trading at $0.38 per DOGE/USD and this meme coin has seen a +11.90% increase in the past week making it one of the best meme coins to buy now for both new and seasoned investors.
2. Shiba Inu
Shiba Inu often referred to as the "Dogecoin killer” has now become a powerhouse in the meme coin world. Thanks to an incredibly active community and frequent announcements around the project’s ecosystem, Shiba Inu has managed to capture a large portion of the meme coin market.
SHIB has built a robust ecosystem, including its decentralized exchange, ShibaSwap. This dog coin is currently trading at $0.00002170 per SHIB/USD and it has seen a 0.65% increase in the past week.
3. Bonk
Bonk is a meme coin that trades exclusively on the Solana blockchain. Its fast growth has been noted for garnering organic attention and virality on social media platforms.
Bonk's rise highlights the impact of combining internet culture with speculative financial instruments. This meme coin is currently trading at $0.00003360 and it has seen a massive +18.71% increase in the past week.
4. Army
The XRP ARMY is a movement token that operates on the XRP Ledger and is dedicated to supporting and promoting the XRP coin and Ledger.
This XRP meme coin is currently trading at $0.12 per ARMY/USDT. Army has seen a +41.3% increase in the past week and a 130.2% increase in the last 14 days making it one of the best meme coins to buy right now.
5. Pepe
Pepe was originally inspired by the 'Pepe the Frog' meme, and this token has quickly gained traction among crypto enthusiasts.
PEPE is currently trading at $0.00001744 per PEPE/USDT and this frog-themed coin has seen a +3.90% increase in the past month.
6. Fartcoin
Fartcoin is a meme coin that was released on the Solana blockchain in October 2024. Similar to other meme coins, it is known for its funny gas-fee sound effect.
Fartcoin is currently trading at $2.14 per FARTCOIN/USDT and this coin has seen a +153.30% increase in the past week making it one of the best meme coins to buy this week.
7. Trump
TRUMP, President-elect Donald Trump's freshly released meme coin, has surpassed Pepe (PEPE) and Shiba Inu (SHIB) as the second-largest meme token by market capitalization. The milestone was achieved just a day after its debut.
TRUMP's current market capitalization is approximately $13.5 billion, trailing just Dogecoin (DOGE). Trump is currently trading at $64.4 per TRUMP/USDT and it has seen a 95.24% increase in the past day, making it one of the best meme coins to buy right now.
What To Look For In Meme Coins
Before you invest in meme coins, here are some factors to consider:
1. Community Engagement
A strong active crypto community can drive the success of any coin. So it is important to look for coins with vibrant social media activity to invest in.
2. Market Cap
A coin’s market capitalization indicates its size and stability. This simply means the larger the coin's market cap the lesser its volatility.
3. Hype and Popularity
Elon Musk’s tweets have famously moved the prices of dog coins like Dogecoin and Shiba Inu. So before investing, keep an eye on what’s trending and focus on popular coins.
How to Buy Meme Coins
Here’s a step-by-step guide on how to buy meme coins:
1. Choose a Platform
The first step is to pick a platform where you can purchase meme coins. This is because not all platforms support every meme coin, so when you want to buy meme coins it is important to choose a platform that offers a wide variety of options. Some of the best platforms to buy meme coins include:
- Binance: One of the largest exchanges that supports a wide range of meme coins, including Dogecoin and Shiba Inu.
- Coinbase: Known for its ease of use, Coinbase supports meme coins like Dogecoin and Shiba Inu.
- KuCoin: A great exchange for newer meme coins like Kishu Inu and Floki Inu.
- Uniswap: A decentralized exchange that allows you to buy meme coins directly from your wallet, giving you more control.
2. Create an Account
Once you've chosen your platform, you’ll need to create an account. This will typically involve verifying your identity (KYC), adding a payment method, and agreeing to the terms and conditions of the platform. There are, however, some no-KYC exchanges you can use if you prefer a more anonymous experience.
3. Deposit Funds
Next, deposit funds into your account. You can do this via bank transfer, credit card, or by transferring other cryptocurrencies to your exchange wallet.
4. Search for Meme Coins
After depositing funds, use the search bar to find the meme coins you want to purchase. Whether it’s Solana meme coins, XRP meme coins, or base meme coins, simply search for the coin’s symbol and select it from the results.
5. Complete the Purchase
Once you’ve found the meme coin you want to buy, specify the amount you wish to purchase and confirm the transaction. Pay attention to the market capitalization and current price to ensure that you're making a good investment.
6. Store Your Meme Coins Safely
After the purchase, it’s important to store your meme coins in a secure wallet. You can use either a hot wallet (software wallet) or a cold wallet (hardware wallet), depending on your preference for security and ease of use.
How To Buy Turbo Meme Coin
Turbo Meme Coin is the first ever memecoin made by AI and it is garnering attention for its potential in the meme coin ecosystem. Here’s a step-by-step guide on how to buy $TURBO;
1. Find the Exchange: Turbo Meme Coin is available on 115+ spot exchanges. This simply means you can find it on Binance, Kraken, KuCoin, Coinbase, UniSwap, etc.
2. Set Up a Wallet: Ensure you have a wallet like MetaMask or Trust Wallet to store your Turbo meme coins.
3. Buy Crypto: You’ll need to purchase cryptos like Ethereum (ETH), USD coin (USDC) Tether USD (USDT) or Binance Coin (BNB), etc to trade for Turbo Meme Coin.
4. Swap for Turbo Meme Coin: On Uniswap or Kraken, search for Turbo Meme Coin’s contract address, and use your crypto to swap for Turbo tokens.
5. Confirm and Store: Once your transaction is complete, you can store your Turbo Meme Coin in your wallet.
How To Buy XRP Meme Coins
If you're looking to invest in XRP meme coins, the process is fairly similar to buying other meme coins. However, XRP-based meme coins may not be as widely supported as Dogecoin or Shiba Inu. So here’s how to buy XRP meme coins:
1. Find the Right Exchange: Look for exchanges that list XRP meme coins. You might find them on platforms like Binance or KuCoin, which offer a variety of tokens built on the XRP ledger.
2. Create an XRP Wallet: You'll need an XRP wallet to store your meme coins. Consider wallets like the official XRP wallet or other trusted options.
3. Purchase XRP: Buy XRP first if you don’t already own it. You can then exchange it for meme coins like Army and Sologenic (SOLO) which are based on the XRP blockchain.
4. Complete the Purchase: After transferring your XRP, you can exchange it for meme coins on the same platform.
Where To Buy XRP Meme Coins
If you're still wondering where to buy XRP meme coins, look for exchanges that support tokens built on the XRP network but always ensure you're using a reputable exchange. You can buy XRP meme coins from popular platforms like Coinbase, Binance, and Kraken.
How To Buy Base Meme Coins
If you're wondering how to buy base meme coins, the process is simple:
1. Choose a DEX or CEX: Depending on the blockchain, you'll need to find an exchange that supports base meme coins. For example, big exchanges like Binance, KuCoin, and Coinbase support base memecoin.
2. Wallet Setup: Ensure you’re using a compatible wallet that supports the platform.
3. Purchase Crypto: You’ll need to buy cryptos that you will use to exchange for the base memecoin you intend to buy.
3. Swap and Confirm: After purchasing the cryptocurrency you like, you can swap it for any base meme coin of your choice. For example Brett, Toshi, or Henlo.
Meme Coins On The Solana Network
The Solana blockchain has become a hotbed for new meme coins, thanks to its high speed and low fees. Solana users can find exciting opportunities with emerging tokens. If you’re wondering how to buy Solana meme coins, follow these steps:
1. Install the Phantom Wallet
2. Fund it with Solana (SOL)
3. Use decentralized exchanges like Serum to find new coins
How To Buy Meme Coins On Phantom
Phantom is a popular wallet for the Solana blockchain, which hosts several meme coins. To buy meme coins on Phantom, follow these steps:
1. Install the Phantom Wallet: Download the Phantom Wallet extension for your browser and create a new wallet.
2. Buy Solana (SOL): Purchase Solana (SOL) on an exchange like Coinbase or Binance and transfer it to your Phantom wallet.
3. Use a DEX: On Phantom, connect to a decentralized exchange like Serum or Raydium. From there, you can swap your SOL for meme coins available on the Solana network.
Risks And Rewards Of Investing In Meme Coins
Investing in meme coins is not without risks. Here are the pros and cons:
Rewards
- High Potential Returns: Some tokens see exponential growth overnight.
- Fun and Engaging: It’s an enjoyable way to be part of the internet culture.
- Diverse Options: You have several options to choose from, from cat to frog, to dog-themed tokens, there’s something for everyone.
Risks
- Volatility: Prices can drop as quickly as they rise.
- Scams: Some meme coins are pump-and-dump schemes.
- Uncertain Value: Without a clear utility, many coins rely solely on hype.
Conclusion
The world of meme coin is a unique blend of fun, humor, and financial opportunity. With meme tokens like Shiba Inu, Dogecoin, Pepe Coin, etc, the crypto market offers endless possibilities for both seasoned crypto investors and newcomers.
However, always conduct your own research and invest only what you can afford to lose. This is because the crypto space is unpredictable, but with the right approach, it can be highly rewarding.
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