Meme coins have been rave after Bitcoin knock-off Dogecoin became an internet sensation, pushing early investors to look for the next mem coin to explode.
A proliferation of projects launched in the spirit of fun and interest in the meme niche has picked up significantly. Dogecoin has largely led the ranks as the foremost meme coin due to its first-mover advantage.
If you missed the price surges of the Shiba-themed coin, then this next meme coin list should help you get started in investing in the fun-themed crypto circles.
1. Dogecoin (DOGE)
The joke cryptocurrency has shown resilience over the last eight years in an industry controlled by mammoth Bitcoin and Ethereum. The asset has remained top and has quickly won crypto sceptics over with its fun side.
Another strong case backing DOGE is its popularity. Despite recently sliding down the crypto ranks by value, Dogecoin is the most famous of the parody coin lot.
The currency is heavily courted by the likes of Tesla and SpaceX boss, Elon Musk, who is interested in turning the meme coin into a sort of internet currency of the future. Others like Dallas Mavericks owner, Mark Cuban, have also thrown their weight behind the meme coin.
At press time, DOGE is trading in the red zone and is down 6.30% in the last 24 hours, with a figure around $0.24. The asset is also trading below its 20-day and 200-day moving average (MA) support prices of $0.2716 and $0.2871, respectively. The relative strength index (RSI) figure of 44.76 shows that the asset is trading in the underbought region.
Meanwhile, crypto payment processing company BitPay has recently added support for Dogecoin. According to a blog post, BitPay users can now pay for services on Amazon with Dogecoin.
2. Shiba Inu (SHIB)
Shiba Inu has been a runaway success like Dogecoin. An Ethereum-based copycat of the foremost meme coin, Shiba Inu is one of the next meme coin with explosive growth potential.
Aside from being a fun-centred cryptocurrency, the spontaneous decentralised project has turned its attention to fledgling out a real-world use case.
The asset has launched the non-fungible token (NFT) game Shiboshi and a decentralised exchange (DEX) platform called ShibaSwap. It has enjoyed similar attention as Dogecoin and is one of the most actively traded meme coins in the crypto space, with Bitcoin exchanges rushing to add support for it.
Also, the popular US-based crypto exchange Gemini recently added support for the meme coin, adding the asset a trove of new crypto offerings by the Winklevoss-owned Bitcoin exchange.
In the price department, Shiba Inu has shown phenomenal growth. The digital token has surged more than 21,000% so far this year and recently hit an all-time high (ATH) of $0.000075 in the beginning of November.
However, Shib has retraced most of its gains and is currently pegged at $0.00005117, down 2.13% in the past day. The coin trades below its 20-day MA price of $0.00005885, reflecting the general crypto market disposition.
3. Dogelon Mars (ELON)
Dogelon Mars is a new meme coin entrant, and it has rapidly shot up the ranks and is the third most valuable meme coin by market cap. With over $878 million, Dogelon Mars is one of the next meme coin to buy for long term growth.
At its core, Dogelon Mars is a fork of Dogecoin and intends to raise the standards much higher than the older meme protocol.
At press time, Dogelon Mars is trading in the red zone and is down 7.7% in the past 24 hours. With a current value of $0.000001568, Dogelon is trading below its 20-day MA of $0.000001732. The meme coin has only begun its journey after jumping more than 200% in price from $0.000000142 to $0.000002447 in early November.
However, the meme coin is gaining traction and recently launched on non-custodial crypto exchange StealthEX.
4. MonaCoin (MONA)
MonaCoin is another next meme coin that could explode. The joke cryptocurrency originated from a Japanese TV commercial and has remained one of the top-performing crypto assets in the meme niche.
Te coin has kept up its good ratings and currently sits on the sixth spot on the most valuable meme crypto rankings with over $108 million in total market valuation.
MONA is also one of the most successful meme coin projects with more than $1 valuation. However, the asset is on a downtrend, with the meme token currently trading at $1.65, down 7.36% in the past 24 hours. Meanwhile, it manages a modest 1.80% increase in its weekly gains.
5. Dogey – Inu (DINU)
Dogey – Inu is another coin to look out for. Despite the general crypto and meme coin market seeing a drop in value, The asset has kept rising and has so far surged 38.61% in the last 24 hours. Weekly gains have also surged through the roof as the meme coin has rallied more than 272% in the past seven days.
Pegged at less than 10 cents, Dogey – Inu is currently trading at $0.0000000394. The asset has a fully diluted market cap of over $39.4 million with a 24-hour trading volume of $584,989 reflecting a 106.68% increase in the last day. The meme coin recently got listed on popular meme crypto exchange Hotbit.