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The emergence of meme coins in the past few months has resulted in a degree of intrigue among investors. While the first one was created over nine years ago, new meme coins seem to pop up almost every day. For those who are unaware, meme coins are meme-inspired cryptocurrencies that tend to be highly volatile compared to other major cryptocurrencies like BTC.
The major reason behind this is their community-driven nature, where prices are influenced by social media and online community sentiments. While this brings a lot of hype, it also brings FOMO and financial risk with it. Here we present a list of some of the best meme coins that are ready to explode.
Memecoins are interesting, funny, and can fetch a lot of returns, but interested investors still must be careful not to go after any particular meme coin. With that being said, here are some of the best meme coins to invest in this year.
Launched in July 2022, Tamadoge is a memecoin with real-world utility. The project is a Play-to-Earn or P2E game that combines several cryptocurrency and gaming concepts that appeals to both casual gamers as well as cryptocurrency investors. Inspired by the success of Dogecoin, Developers have added quite a few bonuses to Tamadoge. For instance, The TAMA token's utility inside the Tamaverse is something that neither Dogecoin, nor other meme coins such as Shiba Inu can offer.
Tamadoge has become one of the first meme currencies to include an NFT platform in addition to a metaverse known as the Tamaverse. The native token TAMA can be used to breed, feed, and train digital pets known as Tamadoges. Each Tamadoge owner can fight with other owners to get significant rewards as well as show up on the leader board. Players get rewarded in TAMA, which can either be cashed or spent on Tamadoges.
TAMA does not have any gas or transaction fees associated with it. This guarantees that any value that is produced is done through the project and not by traders. Tamadoge concluded its $ 19 million presale on September 18th. After the success of its pre-sale, Tamadoge was also listed on OKX, one of the biggest cryptocurrencies in the world.
Tamadoge has a unique deflationary token design where 5% of all TAMA tokens are burned on a monthly basis. Furthermore, 65% of TAMA tokens used within a single month are allocated to the prize pool. At the time of writing, TAMA tokens are priced at $0.02219 according to coinmarketcap data.
Battle Infinity (IBAT) is an innovative P2E platform which aims to become one of the most sought-after projects of its kind this year. It recently reached a major milestone with its listing on PancakeSwap.
Battle Infinity captivates the minds of users by presenting several games in the fantasy sports realm. Among them, the IBAT Premier League is the first metaverse-based NFT fantasy sports game, allowing users to create their own teams and compete with other teams.
Battle Infinity also presents a unique tokenomics model. Users can enter the project through Battle Swap, which is a DEX where they can buy IBAT. They can then spend the tokens by purchasing characters and weapons in the form of non-fungible tokens. The other games offered by Battle Infinity include Battle Games, Battle Arena, and Battle Staking.
Calvaria is an amazing, unique battle card game that would make a connection by providing a free-to-play game that will be accessible via mobile apps as well as PCs. Calvaria: Duels of Eternity is available in two versions. The first is a free-to-play games can be played on desktop computers and mobile applications, and the second is a crypto-based play-to-earn (P2E) game in which players can earn rewards and accumulate value in their NFTs.
Among the best elements of Calvaria is that it is open to all and totally free to play. Unlike some other crypto games, players do not need to buy any tokens or NFTs to get started; all they need to do is install the game on their mobile phone or desktop computer. You don't even need a cryptocurrency wallet, which is why many acclaim that it is not only a P2E game; it's also a crypto recruiting tool.
Dash 2 Trade is a powerful crypto analytics and social trading platform that aims to revolutionize the industry by implementing fascinating new features.
This platform uses effective market analytics data and analyzes dozens of key performance indicators to offer users the most useful insights, enabling them to make favorable trade choices.
D2T is the platform's native token and is used for all transactions. It is an ERC-20 token created on the Ethereum network and can be traded for any ETH-based token on the market. With the launch of Dash2Trade, traders and crypto enthusiasts will be able to boost their overall performance by utilizing Dash2Trade's information and insight, statistical data, and metrics.
When it comes to purchasing, transferring, and withdrawing carbon credits, IMPT is the best effective crypto to use. Every IMPT token, whether acquired or received as a reward, can be converted into carbon credits via the IMPT platform. Users can accumulate IMPT.io points and monitor their IMPT score as part of the initiative by shopping at the selected brands or purchasing directly from the IMPT platform.
They gain IMPT points whenever they refer new users, receive an NFT carbon credit, or make a purchase. By integrating their stores with the platform, business owners can earn points and offset their carbon footprint as well. Judging by the presale phase, IMPT is certainly one of the best green cryptos to invest in right now.
Lucky Block has been featured in many crypto-news outlets due to its outstanding success this year. It experienced a 7000% increase in its first three weeks. The native token for the platform is LBLOCK. The ecosystem consists of Platinum Rollers Club, an NFT collection, and two versions of LBLOCK – V1 and V2. LBLOCK V2 uses the ERC20 protocol and is hosted on the Ethereum network.
LBLOCK V2 is an improved version of V1 with extra features and is meant for use on the CEX. With plans to release the Ethereum bridge once auditing is complete, the two versions of LBLOCK will be fully swappable.
Users can participate in the Lucky Block competition by purchasing a ticket or becoming a holder of Platinum Rollers Club NFTs.
The minimum purchase amount is $5 with each ticket costing $1. Users with at least $500 worth of LBLOCK V1 will receive a free ticket. Some exciting prizes are up for grabs at the Lucky Block competition, including one million dollars in BTC, a million-dollar house, and a Lamborghini, among others.
MonaCoin describes itself as an open-source decentralized cryptocurrency and a peer-to-peer payment network. Founded in January 2014, MonaCoin didn't have any pre-mine access. It is Japan's first created cryptocurrency, which was named after a cat-like internet meme created using ASCII characters. The total supply of the tokens is fixed at 1.0512 million.
MonaCoin is created using a hard fork of Litecoin and uses an algorithm called Lyra2RE (V2). The payment network behind MonaCoin is entirely decentralized. The platform is self-dependent and self-governing with new coins issued collectively to the users as a form of payment for mining.
Dogecoin was arguably one of the first meme coins that started a small revolution in the cryptocurrency market. Initially launched as an experiment in 2013, Dogecoin has experienced immense growth over the years.
Dogecoin employs Scrypt technology and has a bloc time of 1 minute. Unlike the majority of crypto projects, Dogecoin does not have an upper limit on the total supply of coins. At the time of writing, DOGE is valued at $0.06022. However, it is expected to rise exponentially by 2030, which makes it a good investment in the future.
Decentraland is a meme-coin which is a three-dimensional, decentralized metaverse created from smart contracts in the Ethereum ecosystem. It is a P2E platform where users can purchase, sell, and trade virtual lots of "LAND". LAND refers to virtual plots of land minted as NFTs in its metaverse. Users can buy and sell LAND using the native MANA token. To complete transactions during the game and receive rewards, players must be holders of MANA
Safemoon is a DeFi token and also a meme-coin. The project involves three functions during each trade – LP Acquisition, Reflection, and Burn. SafeMoon uses a protocol which combines an auto-liquidity generating protocol and RFI tokenomics. The project has future plans to come up with an NFT exchange, charity projects, and cryptocurrency educational applications.
Kishu Inu is a dog-based meme cryptocurrency which has the Kishu dog breed as its main mascot. It is yet another project inspired by Dogecoin, with the aim of gaining even more popularity. The team behind Kishu Inu wants to take the project beyond just a meme and wants to add qualities that would make it a long-standing currency.
Meme coins have captured the imagination of crypto-enthusiasts everywhere. They have taken the globe by storm, with popular celebrities and public figures backing them for the long term. By far the best memecoin on this list with a lot of potential is Tamadoge, while both Battle Infinity and Lucky Block have positive futures as well.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
