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The 10 Best Meme Coins to Buy in 2024
Investig in meme coins is a good way to diversify your cryptocurrency portfolio with ‘fun’ tokens that often outperform the wider crypto market. These coins are attractive due to their reputation for providing monumental returns in a relatively short period of time. In this guide, we reveal the 15 best meme coins that we are watching in 2024.
To create our list, the Bankless Times team spent time reviewing different meme coin projects to find those that offer growth potential, a strong community of supporters and utility. Keep reading to find out which meme coins made it to the list!
List of The 10 Best Meme Coins to Buy in 2024
Presented below is a convenient compilation of the nine best meme coins to buy in 2024
- Vantard: The world’s first meme coin index fund
- Bitbot: The secure Telegram trading bot
- Dogecoin: Embrace the memetic revolution of digital currency!
- Shiba Inu: Unleash the power of memetic innovation in cryptocurrency!
- Pepe: The meme coin for the people
- DogWifHat: The most explosive meme coin of 2024 with a strong community of supporters.
- BONK: The best Solana meme coin with huge potential for the next crypto bull run.
- Floki: Popular meme coin based on Elon Musk’s dog.
- Brett (based): The best meme coin built on the Base blockchain network.
- Popcat: Viral meme coin inspired by a globally-recognized meme.
- Book of Meme: The meme coin project that aims to immortalise meme culture.
A Closer Look at The Best Meme Tokens to Buy Right Now
In the following section, we will explain why we chose the top 15 meme coins as the best tokens to buy in 2024.
We take a closer look at each project to understand why it might be a good investment opportunity this year.
1. Vantard: The first meme coin index fund
The world of meme coins can be tricky to navigate. On one hand, it’s important to conduct thorough analysis to make educated decisions. On the other hand, the meme coin market moves rapidly and hesitation could cause you to miss out on gains. On top of that, a plethora of new meme tokens enter the market every day, which can make it difficult to spot the gems in amongst the rubble.
VanTard has entered the market as a solution to this headache. VanTard is the world’s first meme index fund that will be managed by a team of dedicated degens. One VTARD token will give you exposure to the entire meme coin market without needing to conduct painstaking analysis or watch your investments around the clock.
The project is currently gearing up for its long-awaited presale, during which you can buy VTARD tokens for an undervalued price. Funds raised during the presale will be used for project expansion and you will be able to redeem your tokens after the presale. The presale event will begin on the 22nd of October.
2. Bitbot: The secure Telegram trading bot with its own native meme coin
Bitbot is a non-custodial Telegram trading bot developed by former Wall Street traders. It allows users to trade cryptocurrencies directly from their Telegram app, emphasizing security by enabling complete control over private keys.
Bitbot incorporates features to protect users against market manipulation and scams, such as anti-MEV (Maximum Extractable Value) and anti-rug tools. Bitbot aims to make trading accessible to a wider audience by offering institutional-grade tools and proprietary AI to retail users, thus facilitating safe and efficient trading on decentralized exchanges (DEXs).
Investors might consider the Bitbot Telegram bot for its innovative approach to cryptocurrency trading, combining the convenience of Telegram with robust security features.
Bitbot stands out as the world’s first non-custodial Telegram trading bot, allowing users to trade directly from their Telegram app without relinquishing control of their private keys, addressing a critical aspect of crypto security. Its integration with self-custodial wallets ensures that users maintain full control over their assets, significantly reducing the risk of counterparty vulnerabilities.
Furthermore, Bitbot is equipped with advanced trading tools, including sniping for presale opportunities and copy trading, enabling users to leverage the strategies of experienced traders. Its development by a team that includes former Wall Street traders adds a layer of credibility and financial acumen, aiming to equip retail traders with institutional-grade tools and insights.
2. Dogecoin: The original meme coin that ranks #8 by market cap
Regarding meme cryptocurrencies worth investing in, Dogecoin often stands out as a top contender, and the reasons behind its appeal are evident. This project significantly ignited the frenzy around meme coins and gained widespread recognition due to endorsements from notable figures.
While the initial wave of enthusiasm surrounding Dogecoin has subsided since its emergence in 2021, numerous enthusiasts still consider it the epitome of meme coins. What sets DOGE apart is its acceptance as a payment method, with 2,100 merchants worldwide now recognizing and utilizing it.
Presently, Dogecoin is trading at approximately $0.1, a staggering drop from its record-breaking highs in May 2021. Nonetheless, considering its enduring popularity, this significant reduction offers an exceptional opportunity to partake in DOGE’s potential. Therefore, now might be an ideal time to get involved and acquire tokens while they remain affordable.
Investing in Dogecoin carries several risks. First, its value is highly volatile, subject to significant price fluctuations. Second, the meme coin market is speculative and prone to sudden drops. Lastly, regulatory uncertainties and lack of fundamental value pose additional risks.
3. Shiba Inu: The second-largest meme coin with strong utility
Shiba Inu, alongside Dogecoin, stands at the forefront of the meme coin movement, requiring no introduction. While the SHIB price skyrocketed to an unprecedented $0.000088 in October 2021, it has experienced a significant decline of approximately 87%.
Nonetheless, the Shiba Inu team remains undeterred and continues to develop compelling use cases for the project. Notable among these is ShibaSwap, a decentralized exchange (DEX) that facilitates token swapping and staking. Shibarium, a Layer-2 scaling solution, has also been devised to enhance SHIB transfers with faster speeds and reduced costs.
To further solidify its standing, the Shiba Inu ecosystem encompasses two additional tokens: LEASH and BONE. These tokens are exclusively utilized for staking and governance purposes, making Shiba Inu one of the most comprehensive meme coins available, providing tangible benefits to its holders.
Like other meme coins, Investing in Shiba Inu comes with certain risks. Meme coins are highly volatile, meaning that their prices can fluctuate wildly. This is due to several factors, including market sentiment, social media trends, and celebrity endorsements. As a result, investors can lose a lot of money if they invest in meme coins and the price crashes.
4. Pepe: The meme coin for the people that went viral in 2023
Pepe is a meme coin that launched in April 2023. It is based on the popular Pepe the Frog meme, which has existed since 2005. Pepe is a decentralized cryptocurrency not subject to government or financial institution control.
Pepe is among the best meme coins of 2024 because it has a strong community and a clear roadmap for development. The Pepe team is committed to making Pepe a successful cryptocurrency, and they have several plans to achieve this goal. These plans include creating a decentralized exchange where users can trade Pepe and other cryptocurrencies. This will make it easier for people to buy and sell Pepe, and it will also help increase the Pepe market’s liquidity.
The Pepe team also plans to launch a Pepe NFT marketplace. This will allow users to buy and sell Pepe-related NFTs, such as Pepe artwork, memes, and gaming items. Additionally, plans are in motion to launch a Pepe charity fund. This fund will be used to donate money to various charities supporting causes important to the Pepe community.
Pepe has the potential to be a successful cryptocurrency. It has a strong community, a clear roadmap for development, and several plans to achieve its goals. However, risks are also associated with investing in Pepe, including a lack of liquidity. The Pepe market is less liquid than some other cryptocurrency markets, so buying or selling Pepe at a fair price could be challenging. There is also the risk of scams. This is because there have been several scams involving meme coins. It is essential to be aware of these scams and to only invest in Pepe through reputable exchanges.
5. DogWifHat: The most explosive meme coin in 2024
If you’ve been monitoring the meme coin space this year, you have probably already come across DogWifHat (WIF).
DogWifHat saw explosive growth in March 2024, reaching an all-time-high of $4.80 and providing early investors with 10x returns.
After its strong performance, WIF quickly became one of the internet’s favourite dog meme tokens. The coin’s Twitter page has over 95k followers and the Telegram channel has over 47k members.
In true meme coin fashion, DogWifHat trolls the market by having no true use cases other than to provide returns to investors. It is ‘literally just a dog wif a hat’. The entire project supports the ‘zero utility’ essence of the coin, creating a cohesive and funny ecosystem for investors to participate in.
If the project has done anything right, it is marketing. The team behind WIF launched one of the strongest meme coin campaigns to date, which resulted in excellent returns when the token landed on the markets. The entire project has a cohesive identity, recognisable branding and a clear message.
Marketing plays a huge role in the success of meme tokens, which puts DogWifHat in a strong position to replicate it’s early success in the near future.
In terms of project developments, DogWifHat will launch a new ‘hat generator’ product very soon. The product will allow users to create their one hilarious memes using AI technology. The website doesn’t provide much information about how the product will fit into the ecosystem however, we can assume that users will have to hold WIF tokens to access the feature.
Although WIF has had a successful year, investors should approach with caution. DogWifHat lacks any real utility and trends are ever-changing. This means that the dog meme coin could quickly lose its appeal among investors.
However, DogWifHat is inarguably one of the most recognisable meme coins in 2024 and has managed to retain its community of supporters throughout its campaign so far.
6. BONK: The best Solana meme coin to buy in 2024
2024 has been the year for Solana meme coins, and BONK is one of the biggest of them all.
Solana meme tokens are popular due to the network’s low fees, fast transaction speeds and scalability. Many meme coins built on Solana have managed to outperform the wider crypto market, which has led to increased interest from investors.
BONK is by far one of the most well-known SOL meme tokens that saw explosive growth at the end of 2023.
The coin’s success was partly due to its integration with the Solana blockchain. However, the token is also appealing due to its ultra-low price which provides an easy entry point. BONK tokens can be bought for just $0.00001938.
BONK stands out from other meme coins because it comes with token utility. Token holders can access BonkSwap and BonkVault.
BonkSwap, a decentralized exchange, and BonkVault, a secure cryptocurrency wallet, are integral to the Bonk ecosystem, providing essential services that increase the coin’s utility and attractiveness.
Investing in BONK coin could be an excellent way to diversify your meme coin portfolio with a Solana token that has real utility.
7 Floki: The Elon Musk-inspired meme coin with a promising ecosystem
Floki Inu is a dog meme token that is inspired by Elon Musk’s loveable pet. The token is built on the Ethereum blockchain network and has a capped supply of 10 trillion tokens.
Similarly to BONK coin, the Floki ecosystem brings utility to the meme coin space. FLOKI tokens can be used to participate in the FlokiSwap exchange and to play in the Valhalla play-to-earn cryptocurrency game.
The token’s strong utility has enabled it to become one of the most popular meme coins to buy in 2024. What’s more, the Valhalla game is still in development which means that the coin has strong potential to grow.
When the game is finally released, the market could see a significant increase in demand for FLOKI, which would reward early investors.
8. Brett (Based): The best BASE meme token to buy in 2024
The best way to minimize the risk of buying meme coins is to diversify your portfolio with tokens built on different blockchain networks.
BRETT is one of the best meme tokens built on the Base blockchain network. The token has had a promising year, shooting up to $0.19 in June 2024. Despite slipping from it’s all-time-high, the coin is still up 143% YTD.
Part of the token’s success can be attributed to its clever backstory – Brett is Pepe’s best friend in the Base ecosystem. The blue character has quickly become the mascot of the Base network, which is expanding at quite a rapid pace.
As the mascot of the network, BRETT will benefit from the blockchain’s future developments and is likely to expand alongside Base.
9. PopCat: The viral meme turned crypto with a huge online community
The most successful meme coins are often those based on viral memes. Popcat is the latest addition to this line of cryptocurrencies, taking inspiration from Oatmeal the internet’s favourite viral cat.
Popcat originated as a fun mobile game, based on a meme of the same name. The game quickly became one of the most popular meme-related games and the Popcat figure is recognised around the world.
POPCAT tokens were launched in 2024 to bring back the loveable meme. POPCAT is a true meme coin with no real utility or intrinsic value. The success of the project is entirely reliant on community support and investor sentiment.
10. Book of Meme: The crypto project on a mission to immortalize meme culture
True meme coin enthusiasts quickly took to Book of Meme – a new meme coin project that aims to ‘immortalize’ meme culture.
Book of Meme was launched as an experimental web3 project that aims to immortalize meme culture through blockchain technology. The project is supported by the BOME token, and Arweave, IPFS as storage for the Book of Meme ecosystem.
As well as immortalizing meme culture, Book of Meme hopes to become a hub for degen trading and crypto gambling, which are both experiencing a spike in demand right now.
Unlike many other meme coins, BOME has strong utility and is set to continue developing into 2025 and beyond. This puts BOME in a strong position to continue seeing growth and the coin could become one of the most sought after meme coins when the platform has been fully developed.
How We Chose The Best Meme Coins to Buy in 2024
The best meme coins have a large community of supporters, viral marketing campaigns and strong branding. These components allow the tokens to attract investors, without needing to hold any real utility.
As well as the key features mentioned above, here is why we chose the 15 best meme coins in our list.
Availability
The team evaluated the availability of the cryptocurrencies on different exchanges to ensure accessibility for potential investors. The wide availability of a cryptocurrency was deemed crucial as it enhances ease of trading and liquidity, ultimately influencing its selection for investment purposes.
Market capitalization
Market capitalization played a significant role in the evaluation process. The team considered the market capitalization of each cryptocurrency as an indicator of the project’s size and stability.
A higher market capitalization suggests a more extensive investor base and potentially greater resilience in volatile market conditions, making it an essential factor in assessing cryptocurrencies for investment purposes.
Underrated Prices
The team analyzed cryptocurrencies that appeared undervalued relative to their potential. The objective was to identify hidden gems with solid fundamentals and growth prospects.
Investing in undervalued assets can yield significant returns as market sentiment aligns with their actual value.
By considering the availability, market capitalization, and undervalued prices of cryptocurrencies, the team arrived at a selection of the nine best meme coins to buy in 2024.
Token utility
Meme coins are known for lacking utility, which is what makes them such a gamble.
However, some meme projects have introduced utility into their ecosystems to attract investors and ensure that the coins retain their value over time.
Strong utility could lead to a greater demand for the token in the future, which could push the price of the token upwards. Many of the tokens on our list offer exciting use cases that will encourage investors to continue buying tokens for years to come.
How to Buy Meme Coins Safely
Investing in meme coins is a good way to diversify your portfolio with tokens that perform independently from the wider crypto market.
However, these coins come with significant risks.
Here are a few tips to reduce the risk involved with buying meme tokens in 2024.
Don’t invest more than you can afford to lose
Individuals should consider their financial capacity and investment goals when determining the amount they can allocate to cryptocurrencies.
Considering the market’s highly volatile nature, investing only what you can afford to lose is essential.
Understand your risk tolerance
Assessing your risk tolerance and acknowledging that cryptocurrency investments can be subjected to significant price fluctuations is essential.
Different investors have varying risk preferences, some being comfortable with high-risk, high-reward assets, while others prefer more stable investment options.
Before buying meme coins, it is important that you understand the risks involved with doing so. There is no guarantee that you will see a return on your investment.
Avoid FOMO investing
Meme coin culture is a haven for FOMO – ‘fear of missing out’ – that often leads to investors making rushed decisions and buying coins to participate in trends.
This style of investing removes careful decision-making and analysis, which can quickly lead you onto a path of uncertainty.
Despite what social media users and degen traders might say, always take time to properly research and analyse a project before investing in it.
Final Thoughts
In this guide, we have revealed the 15 best meme coins to buy in 2024. In our list, we have included exciting new projects as well as the biggest meme tokens by market cap.
The best new meme coins to buy for presale investors include Bitbot, Dogecoin and Shiba Inu. Each of these coins can be bought for an undervalued price during presale, which is a good way to maximize returns.
Going by market cap, the best meme coins to watch include Dogecoin, Shiba Inu and PePe Coin. These tokens have managed to surpass expectations and emerge as some of the biggest cryptocurrencies on the market.
Investing in meme cryptos comes with a high level of risk and it is important to do your due diligence before putting any money at risk. After reading this guide, we recommend taking time to research a selection of coins that you would like to consider.
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