A meme coin is a cryptocurrency that originated from an internet meme or has some humorous characteristics. They are literally tokens or coins created out of a joke.
These cryptocurrencies which may be used as critics of the crypto markets have also made name for themselves. Dogecoin, especially, is no doubt one of the largest cryptocurrencies today.
In this article, we’ll be looking at the top meme coins you can consider buying if you want to diversify your portfolio.
Top 5 Meme Coins You Need To Consider Buying
The following meme coins are listed from the largest in descending order by market capitalization.
1. Dogecoin (DOGE)
Dogecoin is a meme coin that uses an image of the Shiba Inu dog as its avatar. It is among the top 10 cryptocurrencies in the world today despite being created out of a joke. The current market capitalization of Dogecoin is $23,223,333,290.
2. Shiba Inu (SHIB)
Dubbed the ‘Dogecoin-Killer’, the Shiba Inu coin is one of the most popular altcoins. It is a meme-based digital coin that is based on Ethereum, which is the world’s second-largest cryptocurrency after Bitcoin. The current market capitalization of SHIB is $18,194,622,350.
3. Dogelon Mars (ELON)
ELON is ranked third on the list of meme tokens. Dogelon Mars coin is named after Dogecoin’s top influencer and billionaire, Elon Musk. The current market capitalization is $640,318,775.
4. Samoyedcoin (SAMO)
This is a meme coin of the Solana token aiming to be community-owned and fun. It aims to help grow Solana’s ecosystem by appealing beyond its core, mostly composed of highly technological coins. The current market capitalization of SAMO is $119,382,922.
5. MonaCoin (MONA)
This is an open-source peer-to-peer payment network. It was thrust into the limelight when it was featured on WBS TV Network Tokyo, which reported a man purchasing a plot of land in Nagano with MonaCoin. This meme coin has a market cap of $90,689,377.
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