Several new and upcoming meme coins are set to explode in 2022. Whether you’re looking for a new investment opportunity or just want to get involved in the latest trend, these coins are sure to keep you entertained. So what are you waiting for? Invest in some meme coins today!
About meme coins; How to find meme coins early.
The first meme coin launched in 2013 and parodied the popular Japanese Shiba Inu dog. So, meme coins have been around since then. But the present boom didn’t begin until late 2020. WallStreetBets, a Reddit community, mobilized at that point to boost GameStop’s stock. They aimed to short squeeze the “whales” who were hoping to gain from the stock’s price decline.
A different Reddit community called “SatoshiStreetBets” started a similar prank in January 2021 by joking that it would raise the price of DOGE. The price of DOGE reached an all-time high of $0.73 due to their actions and tweets from Elon Musk. That price represented an increase of more than 2000%.
How to Find meme Coins Early
If you want to get your hands on some of the most popular meme coins, you’ll need to be prepared to do some digging. Many of the best options are only available through online exchanges or trading platforms like Binance. Alternatively, you can try looking for them on social media platforms like Twitter and Reddit.
Where to Buy Meme Coin – Step To Buy Meme Coin
Some cryptocurrencies, like Memecoin, can only be purchased with another cryptocurrency on decentralized exchanges. To buy Memecoin, you’ll need first to purchase Ethereum (ETH) and then use ETH to buy Memecoin. And to do that, you need what’s called a self-custody wallet. Here’s how to buy meme coins using Coinbase Wallet
1. Download Coinbase Wallet
You must use a self-custody wallet, such as Coinbase Wallet, to buy meme coins. Both a browser extension and a mobile app are offered for Coinbase Wallet. Install the Coinbase Wallet.
2. Choose a Coinbase Wallet username
You must select a username when configuring your Coinbase Wallet. With this username, other Coinbase Wallet users can send you cryptocurrency with ease. The username is optional, but it is necessary to access the account.
3. Securely store your recovery phrase
A recovery phrase made up of 12 random words will be given to you when you create a new self-custody wallet. Anyone who knows your recovery phrase can access your crypto because it is the key. Keep your recovery phrase a secret from others.
We strongly advise writing these down on paper, keeping them in a safe place, and using the cloud backup function of Coinbase Wallet.
Do not divulge your recovery phrase to anyone, please. Your recovery phrase will never be requested by Coinbase. Additionally, Coinbase cannot assist you in accessing your wallet if you forget your recovery phrase.
4. Understand and plan for Ethereum network fees
Fees vary according to the amount of traffic on the network, the complexity of the transaction, and how quickly you need the transaction to be finished. Consider saving some cash for fees. Become familiar with Ethereum fees.
5. Buy and transfer ETH to Coinbase Wallet
To purchase Ethereum, you must first open a Coinbase account if you don’t already have one (ETH). Learn more about setting up a Coinbase account and purchasing Ethereum (ETH). Using the Chrome extension or the mobile app will affect how you send ETH to your Coinbase Wallet. See the instructions in detail.
6. Use your ETH to buy Memecoin in the trade tab
You can buy Memecoin directly from the app if you use Coinbase Wallet on your smartphone. Then select the “Trade” tab to exchange ETH for any token that adheres to the Ethereum protocol (also known as “ERC-20 tokens”).
Choose Memecoin under “choose coin” by tapping it. Enter how much ETH you want to trade for a meme coin. Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions.
Tap the “Convert” button using the Coinbase Wallet extension. Enter the number of ETH you want to trade for Memecoin when searching for it. Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions.
Next Meme Coins To explode in 2022
The top ten meme coins predicted to explode in 2022 are listed below.
Dogecoin (DOGE)
Dogecoin is the king of all meme coins, just as Bitcoin is the king of all cryptocurrencies. The meme-coin rally was started by Dogecoin, which is viewed as potentially being stronger than many other altcoins because of Elon Musk’s backing.
The CEO of Tesla, Elon Musk, has admitted that Dogecoin is his preferred digital currency. Elon enjoys it because it involves dogs in some way. The intriguing thing about Dogecoin is that its inventor, Jackson Palmer, was aware of how popular dogs are with people and how this could increase the coin’s appeal. We can therefore infer that he was correct. More people started to invest in the meme-coin after Elon Musk expressed his support for it, and FOMO led to the coin’s rally.
According to CoinMarketCap, Dogecoin, whose ticker symbol is DOGE, is the 13th most valuable cryptocurrency with a market cap of $17.99 billion. The price of DOGE is currently $0.135100, which is 81.63 percent less than the high point it reached on May 8, 2021, when it was $0.7376. Dogecoin doesn’t have a cap on the number of tokens that can be produced, but there are currently 132,670,764,300 DOGE coins in use.
Everyone is aware of Elon Musk’s considerable influence in the cryptocurrency community, and he recently suggested on Twitter that DOGE be accepted. I want to draw attention to the fact that Musk recently bought most of Twitter’s stock. We can say that the DOGE coin has much room to grow in 2022, given Elon Musk’s popularity and influence in the crypto world.
Shiba Inu (SHIB)
Shiba Inu (SHIB), also known as the “DOGE killer,” is the most well-known meme coin that competes with Dogecoin. The main difference between SHIB and DOGE is that SHIB has a finite token supply of one quadrillion tokens. This coin is named after the Japanese dog breed Shiba Inu. One of the all-time most popular meme coins is SHIB. However, it has started to focus on incorporating more functionalities to move beyond the label of meme-coin.
To accomplish this, SHIB expanded its ecosystem to include the Metaverse, a decentralized exchange, NFTs, NFT games, and an incubator for NFT art. With a market capitalization of $13.22 billion, Shiba Inu ranks #15 on CoinMarketCap’s list of all cryptocurrencies. It is represented by the ticker symbol SHIB.
The price of DOGE is currently $0.0000241, which is 72.76 percent less than the $0.00008845 all-time high it reached on October 28th, 2021. 549,063,278,876,302 SHIB coins are currently in circulation out of a total supply of 589,735,030,408,323 SHIB.
Dogelon Mars (ELON)
Dogelon Mars is the third most popular meme coin among investors because of its association with the popular figure Elon Musk. The CEO of Tesla, Elon Musk, is regarded as having the greatest influence over the cryptocurrency industry as a whole.
He is consequently becoming more and more associated with meme-tokens. Musk’s desire to found a colony on Mars and his enthusiasm for his business, Space X, served as the inspiration for the Dogelon Mars. Most of the price momentum for this coin, which is also a community-driven meme coin, comes from the advancement of Musk’s Mars mission. Musk’s aggressive progress toward his objective of establishing human life on Mars is related to the success of Dogelon Mars.
Elon Musk, the CEO of Tesla, is honored by the ticker symbol Dogelon Mars uses to trade. According to CoinMarketCap, Elon coin is currently ranked #24 in the list of cryptocurrencies and has a market cap of $516,675,601.79.
The price of ELON is currently $0.0000009329, 97.14 percent below the all-time high of $0.00003263 set on July 31st, 2021. The number of Elon coins in circulation is 553,597,385,022,697, and the total supply is 1,000,000,000,000,000 ELON.
Floki Inu (FLOKI)
The Floki Inu is another well-known meme-coin figure. Another coin designed to catch Elon Musk’s eye takes its name from the name of Musk’s dog, who was reportedly given that name in honor of a well-known Viking character.
The fact that this coin was made by fans and SHIB community members is an intriguing feature. The group that founded Floki Inu is now referred to as “Floki Vikings.” The main causes of the coin’s fame are the community, Musk, and the excitement surrounding the DOGE and SHIB tokens.
Floki Inu, which trades at $0.000026, 92.38 percent below its all-time high of $0.0003437, is denoted by the ticker symbol FLOKI.
On November 4, 2021, that took place. There are 10,000,000,000,000 FLOKI coins in circulation overall.
Akita Inu (AKITA)
This meme-coin is inspired by Dogecoin, also known as the “Doge Killer,” It uses the Japanese dog breed as its symbol. It was introduced in February 2021 and, aside from the token supply, shares most of the same features as the SHIB token.
Approximately one-tenth of the total supply of Shiba Inu tokens are AKITA tokens. It was developed by a group of meme cryptocurrency enthusiasts and is an ERC-20 token because it is based on the Ethereum blockchain. The Akita Inu is distinctive because it is still becoming more well-known and now has cross-chain compatibility with the Avalanche blockchain.
Akita Inu’s stock price, which is currently $0.0000006831 and 97.63 percent below its all-time high of $0.00002886 set on May 11th, 2021, is denoted by the ticker AKITA. There are 100,000,000,000 AKITA coins in circulation.
Kishu Inu (KISHU)
Kishu Inu has grown exponentially since its inception in April 2021. It’s another meme coin with a dog theme, and this time the dog breed is “Kishu.” However, when developing KISHU, the coin’s developers acknowledged that DOGE was an inspiration.
By transforming Kishu Inu into something more than a joke, the project’s creators hope to advance meme-coin technology. Active users can receive participation rewards, NFTS, and Kishu Swap is a decentralized exchange.
The market capitalization of the Kishu Inu token, which goes by the ticker symbol KISHU, is $130,116,979.70. Its price right now is $0.000000001343, which is 93.28 percent below the $0.00000002 record high it reached on May 14, 2021. In circulation are 96,823,327,764,476,220 Kishu coins. There are 100,000,000,000,000,000 Kishu coins in existence.
Samoyed Coin (SAMO)
Samoyed Coin is a dog-themed meme coin built on the Solana blockchain. The coin’s deflationary potential is its most intriguing feature. Since its launch, Samoyed Coin has been burned three times, and the coin’s road map mentions additional burning events, suggesting that the coin will experience increased demand due to the token’s limited supply. Samoyed Coin additionally has a decentralized exchange and the capacity to produce NFTs.
This meme coin project aims to increase the number of Solana users, inform market participants, create connections, and increase user rewards. When the price of one SAMO token rose from $0.005 to $0.22 in 30 days in October 2021, Samoyed Coin experienced strong bullish momentum.
The market capitalization of Samoyed Coin, which trades under the ticker symbol SAMO, is $61,962,368.35. Its current price of $0.01871 represents a decline of roughly 92.39 percent from its previous high (ATH) of $0.246. The incident happened on October 29, 2021. 3,308,268,039 SAMO coins are circulating out of a total supply of 7,746,913,929 SAMO tokens.
SafeMoon
Safemoon Meme Coin is a decentralized finance token built on the Binance Smart Chain. Just one month after its launch in March 2021, it began to rise. The rewards linked to the protocol may be the cause. Owners of Safemoon can earn up to 80% APY, which is extremely high when compared to traditional interest-bearing accounts. Token burning, which turns SAFEMOON into a deflationary digital currency and boosts its value, is another crucial coin component. For the protocol’s network to be used to create and launch new cryptocurrencies, it wants to expand and add an NFT marketplace and a coin launchpad.
The market cap of the Safemoon coin, which trades on the stock exchange under the ticker symbol SAFEMOON, is $315,948,400. On Coinmarketcap, it is ranked 235, and its price is $0.0000005397 right now. This amount is 96.14 percent less than the $0.00001399 all-time high it reached on April 20th, 2021. There are 1,000,000,000,000,000 SAFEMOON tokens in existence, of which 585,536,366,402,812 are in use at the moment.
MonaCoin (MONA)
It was created as a hard fork of Litecoin and is one of the first meme coins. It debuted on January 1st, 2014, and was inspired by a cat-like internet meme featuring the well-known ASCII artist Mona. In addition to being one of the most decentralized meme tokens, it has a thriving community in Japan.
The main benefit of Mona Coin is its 1.5-minute transaction processing time. The MonaCoin community in Japan is very vibrant and engaged, and when it was featured on WBS TV Network Tokyo, it garnered a lot of attention.
MonaCoin has a market cap of $57,509,763.87 and the ticker symbol MONA. Its current price of $0.8745, which is 95.68% below its all-time high of $20.23, reached on December 6th, 2017, four years ago. The total number of MONA tokens in existence is 65,729,675.
FAQs
Which meme coin has the best future?
It depends on how the coin is used and how popular it becomes. If the coin can successfully create a community around it and provide users with useful services, then it has a bright future. However, if the coin is only used for comedic purposes, then it may not have much of a future at all. So, as always, research any potential investments before making any decisions.
What are the next meme coins?
The next meme coins will likely be based on existing cryptocurrencies and will offer new opportunities for users. So if you’re interested in investing in the next big meme coin, keep an eye out for these upcoming projects.
What are the new crypto coins for 2022?
The following are five new crypto coins that will be popular in 2022:
1. ApeCoin (APE) – Overall Best New Cryptocurrency to Buy in 2022
2. STEPN (GMT) – Best Move to Earn Cryptocurrency to Buy Today
3. Solana (SOL) – Best Smart Contract Blockchain Token To Buy
4. Polygon (MATIC) – Best Layer-2 Scaling Token To Buy
5. The Sandbox (SAND) – Best Metaverse Crypto Asset to Buy and HODL
Conclusion
Meme coins are a fun and easy way to make some quick and easy money. They’re perfect for when you don’t have much else to do, and they’re also a great way to make new friends. So go out and start collecting!