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A meme coin is a type of altcoin cryptocurrency that originated as a joke coin. However, meme coins have managed to grow in popularity with a number of coins seeing prominent success in the past few years.

Like other crypto tokens, meme coins are operated on blockchains using smart contracts like Ethereum and Solana. In addition to being able to buy a sizable number for a minimal cost, people may buy meme coins to be part of a community or for entertainment purposes. Here we explore some of the top meme coins set to explode and reveal the best place to buy meme coins for low fees.

Best Upcoming Meme Coins To Buy 2023 – List

Choosing the best meme coins can be challenging. As a result, we have curated the top meme coins for you to get started right away:

  1. Tamadoge
  2. Baby DogeCoin
  3. BabyApeCoin
  4. Dogelon
  5. Akita Inu
  6. Doge Dash
  7. Safemoon Inu

Your money is at risk.

A Closer Look At The Best Upcoming Meme Coins To Buy

The crypto investment space is flooded with meme coins. It is, therefore, difficult for investors to choose the best meme coins for their portfolios.

No matter what, it is important that before investing in a crypto meme project, investors educate themselves about the projects.

Below you will find our analysis of 7 popular meme coins that we think could perform well in 2023 based on our analysis. Note: This is not investment advice. The crypto market is volatile and there is no guarantee that coins will succeed.

1. Tamadoge

Tamadoge (TAMA) is our top recommendation for the best meme coin to buy right now. The crypto belongs to the doge community, but differs from other meme tokens like Doge. This is because the token has play-to-earn features and will be used to power a metaverse world. It could therefore be argued that TAMA has more utility than any other meme coin.

Tamadoge is also designed to be a deflationary token. It should be noted that Dogecoin’s token supply has been increased from 100 billion tokens to 132 billion tokens – and it continues to have an unlimited supply, whereas TAMA will have a maximum supply of 2 billion tokens. As a result, the token may become more valuable over time.

In the Tamaverse, Tamadoge pets are the center of attention – unique dog-like avatars that can be bought, bred, and traded. A monthly leaderboard allows users to earn points by breeding Tamadoge pets and using them to compete against other avatars. Rewards are given to top performers via TAMA.

Those interested in Tamadoge pet NFTs can buy them through the Tama store with TAMA. Each pet is minted as a NFT through smart contracts. Therefore, each pet is unique in terms of its characteristics, advantages, and weaknesses. In addition, 5% of all tokens spent on the Tama store are burned whenever items are purchased.

Having launched for presale in July 2022, TAMA raised $19 million to close this round on September 18th. A total of half of the 2 billion tokens were made available during the presale, while the development team has reserved 20% of the supply for future listings. OKX exchange, for example, listed Tamadoge on September 27th, 2022. Those who cannot register on the centralized exchange will also be able to purchase it on the OKX DEX (decentralized exchange). The remaining 30% will be released through minting operations over the next 10 years.

Even though the cryptocurrency market was in a bear market, Tamadoge managed to launch a successful presale. During the presale, TAMA’s price increased 3x from $0.01 to $0.03. By contrast, Bitcoin and Ethereum lost more than 50% of their value in 2022.

Tamadoge will be listed on MEXC and LBANK exchanges on the 5th of October. This is a great chance to jump on the trend if you missed the presale event!

Your money is at risk.

2. Baby DogeCoin

The Baby DogeCoin was one of many meme tokens launched in 2021. So the idea that this cryptocurrency would be the successor to Dogecoin shouldn’t come as a surprise. Nevertheless, the team strives to raise awareness about dogs and donate money to charities that assist animals.

Market volatility has been extreme for this meme coin. The price of Baby Doge Coin soared by over 900,000% immediately after its launch. Nevertheless, the price fell by over 90% within a couple of days.

Baby Doge Coin’s price fluctuated greatly during the last quarter of 2021 and the first few months of 2022. Like other cryptos, the token experienced a bearish market but has the potential to regain some value during the upcoming bull run.

The coin has a strong social media presence and an active community that make it one to watch.

Your money is at risk.

3. BabyApeCoin

Introducing Baby-Ape, the newest meme-themed cryptocurrency. The Baby-Ape project introduces a number of new mechanisms; for instance, coins will be released first, followed by NFTs. Furthermore, these NFTs can be owned by burning specific coins.

A significant surge in price of over 70% has occurred since Baby-Ape was launched. Following the proposed NFT release, the share price could rise again to $0.017. With Baby-Ape’s new strategy of minting NFTs with its $BAPE token, the only way to own an NFT, the token’s price could skyrocket.

Baby-Ape introduces Wishing Pool, a process for minting NFTs. After throwing their wishes into the Pool, users will burn $BAPE. The Baby-Ape project aims to deliver a new meme experience with a total supply of 1 billion tokens. As part of the team’s mission, they aim to reshape the meme crypto industry, giving it a new meaning and value.

There will be 2888 Baby-Ape NFTs in the collection and 100k $BAPE tokens for each. 28.8% of $BAPE will be burned after every NFT is minted. For two years, 51.8% of $BAPE will be locked in a liquidity pool and released quarterly.

This is a strategy that Baby-Ape employs to increase the value of the meme token, saving 12% for team purposes and 8% for marketing purposes, respectively.

In addition to 8% royalties for the team, 50% of the proceeds will be used to purchase $BAPE tokens quarterly. A clearly defined vision distinguishes Baby-Ape from other projects.

to buy BabeApeCoin, you will need to first hold ETH tokens. These tokens can be swapped for $BAPE through a decentralized exchange.

"79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position."

4. Dogelon

Elon Musk is well known for his desire to go to Mars; he is determined to make his dream a reality, and he is persistent in his pursuit of fulfilling his dream. As far as Elon Musk is concerned, Dogelon is interesting because it fuses everything that he has is known for – innovative technology, space, and his sense of humor – all into one. We cannot deny that since Dogelon Mars (ELON) was created, it has already raised a lot of dust. With 90,000 followers on Telegram alone, crypto enthusiasts are eager to stay informed about new coins.

There is a reason why meme coins are so popular, and it is because when the crypto market suffered a significant blow, the prices of all the major cryptocurrencies fell or were reduced, but meme coins did not suffer much damage.While no one can predict what will happen in the future, the market cap of %187,73 million is certainly something to keep in mind when evaluating Dogelon’s value.

Dogelon is based on the Ethereum blockchain network. As a result, you will need to buy ETH tokens which can then be swapped for ELON on a decentralized exchange.

"79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position."

5. Akita Inu

Another meme coin that you should pay close attention to is Akita Inu. The Akita Inu project is a decentralized community project based on the Ethereum network. A group of meme crypto enthusiasts rather than a core team has developed the project from humble beginnings, similar to Shiba Inu.

Besides being a social experiment, this project aims to be a top meme coin that binds like-minded people together. According to Akita Inu, half of its token supply has been sent to Ethereum co-founder Vitalik Buterin, while the remaining supply has been sent to a UniSwap account for liquidity. With the Avalanche blockchain interoperability, the project has continued to expand its appeal.

You will need to hold ETH tokens to buy Atika Inu. You can purchase ETH quickly from eToro and then swap them for the meme coin through a decentralized exchange.

"79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position."

6. Doge Dash

DogeDash puts a new spin on the meme coin trend. A play-to-earn (P2E) based on Binance Smart Chain (BSC), DogeDash borrows heavily from the 90s Super Mario and Sonic movement. On the way, players collect coins while ‘dashing’ (or racing).

With DogeDash, users can get involved in crypto gaming and re-live old, fun and nostalgic memories of playing traditional games. A budding development team supports DogeDash, founded by crypto enthusiast Paul.

Players can use DogeDash tokens to unlock in-game features or swap them for fiat currency through decentralized exchanges. The game allows players to eanr real money, which makes it an appealing offering.

You can start earning DogDash coins by playing the innovative P2E game. This is the best way to collect the tokens for free.

7. Safemoon Inu

SafeMoon Inu focuses on creating a thriving meme and gaming community based on the growing trend of blockchain and gaming. SMI Play, a new gaming platform created by Safemoon Inu, also offers non-fungible token (NFT) rewards to SMI token holders.

Decentralized finance projects like SafeMoon draw heavily from the penalty and reward systems used in SafeMoon Inu. For example, to reward holders that hold the tokens for a long period, the protocol distributes 2% of every transaction that is made in the network.

As a result, SafeMoon Inu is a deflationary token that should increase in price over time. This makes it an attractive long-term investment option.

Like other meme coins, you will ned to hold ETH tokens to buy SafeMoon Inu. You can then swap your ETH for SMI.

"79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position."

How To Invest In Tamadoge- The Best Meme Cointamadoge logo

During its presale on September 15th, Tamadoge raised $19 million. OKX – a centralized and decentralized exchange – offers the token for sale. It is estimated that the OKX exchange has over 20 million customers in over 100 countries worldwide.

The token will soon be available on a number of other exchanges including LBANK and MEXC.

In the following steps, we provide a detailed guide on how to purchase Tamadoge via the OKX exchange.

Step 1: Go to Tamadoge Website

Click on “buy Tamadoge” on the Tamadoge website. You will then be directed to OKX’s website.

Step 2: Open OKX Exchange

If you want to create an account with OKX exchange, please provide your phone number/email address and create a password for it.

Your money is at risk.

Step 3: Sign up to OKX

You will receive a code link via email or phone number from OKX that will allow you to confirm the account registration.

Your OKX account is now ready for you to start use.

Step 4: Deposit funds

On OKX exchange, Tamadoge (TAMA) tokens can be purchased using USDT. Furthermore, directly on the exchange, investors can purchase stablecoins with credit/debit cards.

For conversion, enter the amount of USDT you would like to purchase, enter your credit card information, and confirm the purchase.

For those holding USDT on another crypto wallet or exchange, you can transfer it to OKX.

Step 5: Place order

To convert their tokens, investors should navigate to the ‘Trade’ tab and select ‘Spot Trade,’ then find the TAMA/USDT pairing.

To get the best possible price, beginners should choose the ‘Market’ option. Then, click on ‘Buy TAMA’ after entering the amount you wish to purchase. Upon receiving confirmation, you will be able to access TAMA on OKX.

TAMA is also available on the OKX DEX for those who cannot register for the OKX CEX exchange due to regulatory restrictions.

Your money is at risk.

What Are Meme Coins?

Simply put, meme coins are digital tokens that become popular as a result of their association with current trends online. In the beginning, meme coins were produced as a lighthearted joke heavily influenced by internet culture.

As a result of their nature, meme coins generally do not have any specific purposes or utility that makes them valuable in any way. Instead, these meme coins are usually priced based on social media, online forums discussions, and celebrity endorsements.

The success of dog-themed Dogecoin sparked an explosion of meme coins in the crypto market following Dogecoin’s launch.

For example, Shiba Inu and Dogelon Mars are well-known to crypto investors.

In contrast, many meme coins have caused investors to lose their money. In view of the fact that it is impossible to predict what the market will do in the future, investing in meme coins entails a high level of risk.

Are Meme Coins Worth Investing In?

As you can see from our list of meme coins, many of the tokens have unique utility and are linked to wider projects that could explode in the future.

The following sections discuss, in more detail, why meme coins might be of interest to investors.

Profits Could Be High

Meme coins are able to generate social media hype and often come with communities of supportive investors. As a result, it is not rare for meme coins to experience large price surges when new coins are released, or projects are announced.

Dogecoin, for example, gained over 7,000% in 2021 from $0.009 to $0.68.

As a result of supporting online communities, these extreme price shifts are often triggered. Nonetheless, when the frenzy and demand wane, the price can also drop to extreme levels.

Dogecoin’s price dropped to $0.17 by the end of 2021 after reaching an all-time high in 2021. As a result, investors need to be extremely careful when investing in meme coins.

Meme Coins Can Offer Utility

A meme coin is not always based on the latest trends on the internet. There are also crypto meme projects discussed today that add utilities to their ecosystems as well.

Take Shiba Inu as an example. Smart contracts are also integrated into this meme coin, which opens up many possibilities.

Additionally, Tamadoge has added Web3 and P2E features to its platform. This way, investors no longer rely on wild speculation when choosing the best meme coins for 2023.

It will be easier for them to identify coins with growth potential if they consider meme coins that offer utility on the market.

Strong Community Backing

In order to find the best meme coins to invest in, investors should seek out those that have a large community behind them. That is because a meme coin’s price can be heavily influenced by the activity of its community, as we have pointed out.

The task of spreading the word about a new coin, encouraging others to invest, or even making a token go viral by means of their efforts is the responsibility of community members. Therefore, social media platforms, such as Facebook, and online forums, such as Reddit, are good places to look for meme coins that might blow up in the future.

While all of the above must be considered, there are no guarantees that a meme coin will increase in value solely due to the support it receives from its community.

One or two exceptions exist, but investing in a meme coin solely based on the project’s social media following is highly risky.

Risks of Investing in Meme Coins

Cryptocurrencies are largely speculative assets. The lack of regulation and extraordinary volatility of cryptocurrencies make them risky. As far as meme coins are concerned, there are even higher stakes involved.

Except for a few exceptions, most meme coins have no real utility. Due to this, the value of digital tokens is often determined entirely by a social media frenzy.

Additionally, many meme coin projects have also turned out to be rug pulls. If you are unfamiliar with rug pulls, they are ventures where crypto developers abandon projects and run away with investors’ funds.

Therefore, investors should be careful when choosing the best meme coins for their portfolios.

There is a possibility that investors will be able to earn money from meme crypto coins if they can buy and sell at the right time.

Focus on cryptocurrencies with strong fundamentals that are likely to survive.

Your money is at risk.

What Meme Coins Will Explode in 2023?

There is a potential for good returns if you are patient enough to invest in any of the meme coins discussed above. You should consider cryptos with strong fundamentals if you are looking for higher returns with more manageable risk. This isn’t a list of meme coins or oldies; these are newer cryptocurrencies that are reasonably priced and have plenty of potential. There is no denying the popularity of meme coins right now. These assets have great potential for gains and could quickly make you wealthy. It can be not easy to find the right asset, however.

The Tamadoge token is currently listed on some exchanges, such as OKX, aiming to be more useful than other meme tokens. The beta sale has raised over $250,000 so far.

The token will soon be listed on a number of other prominent exchanges including MEXC and LBANK.

How To Find New Meme Coins

Getting the timing right is the most important factor when buying meme coins.

If early Dogecoin investors HODL’d the tokens until 2021, they would have made a significant profit, provided they sold the tokens at the right time.

Alternatively, considering some of the newest meme coins might be a good idea when they are selling at a low price.

The Tamadoge presale has just closed, but the coin was listed on OKX.

Best Upcoming Meme Coins To Buy 2023– Conclusion

It is undeniable that meme coins are worth a great deal on the market, not just because of the potential earnings they can generate but also because of the fun they can bring to the investment process. With so many coins available on the market and so many new meme coins being introduced every day, we want  to assist you in choosing a coin. Now that Tamadoge is listed, it is the perfect time to invest in a new promising coin. Hopefully, our list of the best meme coins in 2023 will help you make the right investment!

Your money is at risk.

FAQs

What is a meme token?

Meme coins are digital tokens based on popular internet trends or ideas. Some of these may pay homage to a meme or a celebrity. Shiba Inus are the inspiration behind Dogecoin, for example.

Are meme coins dead?

No. It is clear that the meme coin ecosystem is growing. Meme coins have recently entered the gaming industry. The second and most important reason meme coins won't end is the increase in wallets holding meme coins for more than a year.

Will Dogecoin reach over $1?

Dogecoin will never reach $1 without a massive transformation of its underlying blockchain technology, even with a carefully orchestrated social media influencer campaign and the backing of high-profile individuals like Elon Musk.

Will meme coins blow up?

This question doesn't have a clear-cut answer. If you want to find a coin that's ready to take off, look through research. Over the years, Dogecoin has been a consistent winner. Data aggregator Coinmarketcap has ranked meme coin as the 13th largest cryptocurrency in the world.

How to invest in meme coins?

Meme coins can be purchased on cryptocurrency exchanges and brokers. The platform supports several meme coins and is very easy to use. We recommend eToro. Nevertheless, some meme coins are only available on decentralized exchanges like PancakeSwap.

About Jhonattan Jimenez
About Jhonattan Jimenez

English Language professional with a vast experience teaching English as a second language, English translator to Spanish, Cryptocurrency enthusiast, interested in geopolitics and economy.

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