Hot new meme coins are in the news, so you may be wondering how to get involved and invest in them. To help you out, we’re going to share the top meme coins that are worth considering in 2024.
To help demystify some of these meme coins, we’ve done extensive research into them, as well as looking at their long-term performance to get a better idea of how much of a solid foundation they’re built on.
We’ve also looked at their use cases, which can help determine a meme coin’s long-term viability. And it’s not just the big established meme coins that we’ve focused on, either. We’ve also looked at smaller and newer ones that are currently only available on presale.
This will help to give you a more well-rounded, balanced overview of the meme coin market.
The 6 Best Meme Coins to Invest in 2024
- Crypto All-Stars ($STARS) – 226% Current Staking APY
- Wall Street Pepe ($WEPE) – 822% Current Staking APY
- Best Wallet Token ($BEST) – 1,532% Current Staking APY
- Catslap ($SLAP) – 40% Current Staking APY
- Flockerz ($FLOCK) – 547% Staking APY
- Sponge V2 ($SPONGEV2) – 18% Current Staking APY
The Best Meme Coins Reviewed
Before you get your crypto wallet out and start transferring funds to buy memecoins, you first have to take on the difficult task of figuring out if the coin has the potential to thrive or explode.
There are a lot of things you have to take into account here, such as the coin’s use case (assuming it even has one), community sentiment online (particularly on social media), and tokenomics.
So, for your education and (hopefully) financial benefit, here is our analysis of the best 6 meme coins to buy in 2024.
Disclaimer: When you start dealing in volatile currency trading, diversification is the key to minimizing any possible losses. Always remember this when deciding which meme coins to entrust your money to.
1. Crypto All-Stars ($STARS) – 226% Current Staking API
Crypto All-Stars ($STARS) is an Ethereum-based project that’s proving to be one of the most highly anticipated and popular meme coin launches of 2024. Currently, the staking APY is 226%, offering early investors a significant advantage over latecomers.
It operates its own MemeVault, too, which lets you connect your crypto wallet to buy $STARS as well as other meme coins, such as Dogecoin, Floki Inu, Pepe Coin, Based Brett, and Shiba Inu. $STARS also generates excitement through its flexible staking and long-term rewards.
The MemeVault ecosystem can execute multi-token, multi-chain staking and offers a heavily-audited and battle-tested platform modeled after the ERC-1155 standard. The design of the site may look a bit Web 1.0-ish, but the underlying infrastructure is solid.
Its prospects for 2025 are looking increasingly bullish, too, with its price potentially going as high as $0.0372, a 2,595% increase from the current price.
$STARS Tokenomics Data
- Maximum Supply – 42B
- Staking – 25%
- MemeVault Ecosystem – 25%
- Presale – 20%
- Marketing – 20%
- CEX/DEX – 10%
$STARS Token Information
- Presale Started – August 2024
- Purchase Methods – ETH, BNB, USDT, fiat
- Chain – Ethereum
- Min. Investment – None
- Max. Investment – None
Crypto All-Stars Official Presale
Follow the project on X and Telegram to stay up to date with the latest developments.
2. Wall Street Pepe ($WEPE) – 822% Current Staking APY
Wall Street Pepe ($WEPE) is inspired by the legendary Pepe meme. Designed to empower small traders, $WEPE flips the script on market manipulation by providing exclusive trading insights, strategies, and alpha calls to its holders.
With $WEPE, the community becomes the insider, trading smarter and moving markets together as a “WEPE Army”. The crypto markets, much like traditional finance, often favor whales and insiders, leaving small traders at a disadvantage. $WEPE, a seasoned market master, is here to change that.
With his expert knowledge and trading expertise, Wepe’s mission is simple: empower the WEPE Army to out-trade the whales, thrive as a community, and create the next generation of wealthy traders.
The WEPE project is a community-focused project, built around a suite of premium tools and community benefits. These include exclusive market insights, participating in weekly competitions to earn WEPE prizes, and earning passive income by staking WEPE.
Dynamic APY rates also reward early adopters and loyal stakers.
$WEPE Tokenomics Data
- Maximum Supply – 200B
- Staking – 12%
- Marketing Budget – 38%
- Frog Fund – 20%
- Trading Rewards – 15%
- Exchange Liquduity – 15%
$WEPE Token Information
- Presale Started – November 2024
- Purchase Methods – Ethereum
- Chain – Ethereum
- Min. Investment – None
- Max. Investment – None
Wall Street Pepe Official Presale
3. Best Wallet Token ($BEST) – 1,532% Current Staking APY
The Best Wallet Token ($BEST) is a new meme coin connected to the Best Wallet ecosystem, in much the same way as Apple Pay is to the iPhone. It offers benefits to its holders, such as reduced transaction fees, higher staking rewards, and exclusive access to token pre-sales.
The token aims to improve the user experience within the ecosystem and develop a wider adoption of crypto. $BEST holders have voting rights on key decisions within the Best Wallet ecosystem, allowing them to actively shape its future development.
The Best Wallet ecosystem includes a multi-chain wallet and the upcoming Best Card that will allow users to spend their wallet balances more easily at physical and online merchants.
$BEST Tokenomics Data
- Maximum Supply – 10B
- Product Development – 25%
- Airdrops – 10%
- Staking – 8%
- Marketing – 35%
- Exchange Liquidity – 10%
- Community Rewards – 7%
- Treasury – 5%
$BEST Token Information
- Presale Started – 2024
- Purchase Methods – ETH or USDT (via Best Wallet app)
- Chain – Ethereum
- Min. Investment – None
- Max. Investment – None
BEST Wallet Token Official Presale
4. Catslap ($SLAP) – 40% Current Staking APY
Catslap ($SLAP) was launched in November 2024 with the aim of combining cryptocurrency with entertainment through a unique slapping game and a strong community focus.
One of the key features of Catslap is its community-driven approach. The project emphasizes transparency, regular updates, and active community engagement. The developers have been actively communicating with the community through social media channels and online forums, building up a sense of ownership and involvement.
Another notable aspect of Catslap is its “Slap-to-Earn” feature, which allows users to earn rewards by participating in the slapping game. This gamified approach has attracted a significant number of users and has contributed to the token’s popularity.
While Catslap is a relatively young project, it has already achieved several milestones. It’s been listed on several decentralized exchanges and has attracted a growing community of supporters. The project has also undergone audits to ensure security and transparency.
$SLAP Tokenomics Data
- Maximum Supply – 9B
- Staking – 20%
- Liquidity – 50%
- Community Rewards – 10%
- Development Fund – 10%
- Team – 10% (vesting for 10 years)
$SLAP Token Information
- Presale Started – November 2024
- Purchase Methods – ETH, USDT, card
- Chain – Ethereum
- Min. Investment – None
- Max. Investment – None
5. Flockerz ($FLOCK) – 547% Staking APY
Flockerz ($FLOCK) stands out with its Vote-to-Earn mechanism, which allows every token owner to have voting rights and earn rewards. This gives every $FLOCK coin owner the chance to help the coin get better and evolve.
$FLOCK token owners can have an active role in voting on decisions like token burns, expansion plans, new features, project development, and marketing strategies. With a current price of $0.00624494 and a current staking APY of 547%, $FLOCK has the potential to reach $0.0117 by the end of 2024.
If this sounds like the sort of thing you want to get involved in, head over to the Flockerz website and buy your tokens. You can also follow their X updates and Telegram channel.
$FLOCK Tokenomics Data
- Maximum Supply – 12B
- Flock Vault (DAO Vault) – 25%
- Token Breeding (Staking) – 25%
- Early Bird Catching (Early Investor Rewards) – 20%
- Flock Squawk (Marketing) – 20%
- Exchange Fuel (CEX & DEX) – 10%
$FLOCK Token Information
- Presale Started – September 2024
- Purchase Methods – ETH, BNB, USDT, fiat
- Min. Investment – None
- Max. Investment – None
6. Sponge V2 ($SPONGEV2) – 18% Current Staking APY
Like Wall Street Pepe ($WEPU), Sponge V2 is a successor to an earlier SPONGE coin. It owes its current success partly to a new Stake-to-Bridge mechanism that links Sponge V1 coin holders with the V2 ecosystem.
The original SPONGE coin saw big success in its first week, with a price spike of 340%. But like with many meme coins, when the hype died down, so did the price, which dropped sharply. Despite that, the SPONGE community remains strong, which motivated SPONGE developers to try again with SPONGEV2 in 2024.
And so far, it seems to be a success. Within 24 hours of launching on the Polygon network, the V2 token surged 40% in price. Put another way, if you staked your V1 tokens in May 2023, you’ll now be seeing a +3,600% return on investment. What’s even better is that the stake APY is estimated to be approximately 40% APY over the next four years.
SPONGEV2 was designed to replace V1 – there won’t be two versions floating around competing with one another, and indeed, V1 is now discontinued. Your V1 tokens will be permanently locked to the V2 smart contract.
SPONGEV2 Tokenomics Data
- Maximum supply – 150B
- Staking – 43%
- Liquidity – 10%
- Community Rewards – 8%
- Marketing Budget – 7.5%
- Development Fund – 4.5%
SPONGEV2 Tokenomics Information
- Purchase Methods – ETH, MATIC, or USDT
- Chain – Ethereum
- Min investment – None
- Max investment – None
Should You Buy Meme Coins?
There are numerous pros and cons to investing in meme coins. Here are the main ones to note:
Buy Meme Coins If:
- You don’t mind risking your funds, which can go down as much as up
- You want to have some diversity in your portfolio
- You want to make a potential quick profit from short-term trading
- You’re interested in the meme culture that the coin promotes
- You’re familiar with the team behind a particular project
- You understand the coin’s tokenomics
Don’t Buy Meme Coins If:
- You get heartburn if the investment is too risky for your tastes
- You don’t understand what you’re putting your money into
- You aren’t ready or able to lose your investments
- You’re looking for more long-term stability in your crypto funds
How We Review and Choose the Best Meme Coins
If there were only a few meme coins coming out, then it would be much easier to vet them and make a decision about them. However, that isn’t the case – there are hundreds, if not thousands, of meme coins flooding the market.
This makes it exponentially more difficult to find the meme coins worth investing in, as you can’t see the wood from the trees. To establish trust, you first have to find out who’s behind the project and whether or not you have faith in their ability and honesty.
Crypto projects being decentralized is a big attraction for many people. But it’s also the major reason why many people fall for a scam and are then unable to recover their money and get any accountability.
You’ve then got to dive deep into the weeds and find trading history for the coin to see if it’s been up a lot, down a lot, or just hovering. This is really difficult if it’s a presale and you don’t have any solid, dependable information to look at. But if there’s trading history, then study it closely to see whether or not all the hype is just that.
Those two, along with other key factors, are why we have a specific process for reviewing and vetting the best meme coins. However, you should also do your own research as well. Never solely take our word for it. Due diligence is the key here.
- Origin: Knowing who the people behind the meme coin are is all important. We heavily vet the team and the meme coin’s history. This alone can give you an inkling of whether or not the meme coin has staying power.
- Community engagement: If you want to know if something is worth investing in, you always go looking for what ordinary people are saying about it. Are they supportive, or are they complaining? If a meme coin is serious, it will have serious, supportive fans talking it up.
- Functionality: Meme coins are separated into ones that have real-world applications and ones that have no practical usage. The former ones have the potential to do better in the long term, but this isn’t always the case. Likewise, meme coins with no practical usage don’t necessarily fail right at the first hurdle, but not having one could mean it’s all short-term hype.
- Tokenomics: We delve deeper into the research with more details on the meme coin, such as their distribution, their inflation/deflation rate, burning mechanisms, and much more. Your eyes may gloss over technical and financial terms like this, but it all contributes to an overall big picture that can make it easier for you to make a well-informed financial decision.
- Expert recommendations: Finally, without tooting our own horn too much, we also fall back on the expertise of the team and their extensive knowledge and experience. When it comes down to it, real-life experiences and opinions count for a lot in the heady, fast-moving world of cryptocurrencies.
The Best Meme Coins Compared
To help you compare the top meme coins of the year, we created a tokenomics table:
Token Info | Chain | Token Supply | Token Utility | Burning Mechanism | Exchange Listings |
---|---|---|---|---|---|
$STARS | Ethereum | 42B | Staking | No | Presale |
$WEPE | Ethereum | 200B | Staking | No | Presale |
$BEST | Ethereum | 10B | Staking | Not Specified | Presale |
$SLAP | Ethereum | 9B | Staking | Yes | Presale |
$FLOCK | Ethereum | 12B | Staking, governance | No | Presale |
$SPONGEV2 | Ethereum | 150B | Bridge-and-stake | No | Presale |
What Are Meme Coins?
Meme coins are cryptocurrencies that follow a popular internet meme or trend. For example, the original meme coin, Dogecoin, is based on the Shiba Inu dog breed. Similarly, while Pepe is based on Pepe the Frog, Sponge has taken inspiration from the SpongeBob SquarePants franchise.
Many meme coins are usually created without any real-world usage. Investors usually buy meme coins for fun and speculative reasons if they think that there could be the possibility of making some profit from them.
A lot of meme coins fall flat and never go anywhere, thereby losing the investor’s money. However, some do take off and generate returns, usually if they get mainstream media attention or the support of a lively online audience, particularly on social media.
The meme coin market is absolutely unpredictable. Case in point – in 2020, a meme coin called Shiba Inu was launched, and its stated aim was to be a Dogecoin Killer. So you would think that the unflattering portrait would likely turn investors away, that it wasn’t a serious currency.
But what actually happened was the opposite – investors went crazy for it, pushing Shiba Inu to a value of one billion dollars in under a year. This just goes to show how extremely difficult it can be to figure out a meme coin’s long-term potential.
Ironically, some of the most successful meme coins have been ones that have no actual real-world uses. If you hate risk, instability, and uncertainty, then meme coins will likely be something you run away from.
But by diversifying your cryptocurrency portfolio, you can spread the risk around, and it only takes one meme coin to skyrocket and make it all worthwhile.
Are Meme Coins a Good Investment?
So why are meme coins becoming so popular? There are several factors which we’ll go into below. Do note that it may seem that we are giving you financial advice, but we can’t. All we can do is give you our analysis and opinions, and then you have to do the rest. Do your own research – investing in meme coins is a high risk!
High Growth Potential
Obviously, people invest in cryptocurrency to make big profits – and despite their unserious nature – meme coins are no different. Investors are hoping for that once-in-a-lifetime lightning bolt to hit them with a meme coin that goes wild. After all, if it can happen for the likes of Dogecoin and Shiba Inu, then why not again?
To give you a good example of how a meme coin can suddenly produce astronomical returns, just look at Shiba Inu. In 2021, it reached its peak of over 7M percent. Translated into simpler terms, if you had initially invested $10, it would have been worth $70M.
It goes without saying that not all meme coins will be so wildly successful. But the potential for growth is there.
Low Token Price
Any meme coin looking to persuade investors to buy doesn’t want to give them any reasons to hesitate and walk away. That’s why many meme coins will have a low token price – it eases the worries of investors who don’t want to lose too much money, and it also encourages them to buy more while they’re at that low price.
Easy to Diversify
Remember the old saying, don’t put all your eggs in one basket. Well, with meme coins, this phrase is absolutely the one to remember. It’s very much like playing roulette. Put all your money on red and you’ll lose it all when it comes up black (or vice versa).
The analogy is the same with meme coins – rather than putting all your money on one meme coin, spread your money around multiple coins. That way, if one meme coin does a meltdown and you lose the money, then you’ve still got your money in the other ones. It only takes one meme coin to really take off for you to make a profit and wipe out any losses you may have made on the others.
Bear Market Discounts
When the crypto market is down, there can be some great discounts available. As we said before, meme coins usually have low token prices, and in a bear market, you can usually pick them up really cheaply and wait for the next bull market.
Top Meme Coins 2024: The Bottom Line
With new meme coins arriving every day, it can be hard to figure out which ones are those with serious long-term potential and which ones are just there to make a quick buck for their creators.
A lot of meme coins crash and burn, more or less right out of the gate, which obviously doesn’t inspire investor confidence in the others. However, some meme coins, such as Dogecoin and Shiba Inu, become extremely successful and profitable. Some meme coins have interesting and unique features, which also add to their value, popularity, and longevity.
Despite all of the information and analysis we’ve provided you with, it’s still absolutely essential that you do your own research and come to your own conclusions. Before parting with any money, you need to understand the risks you’re taking and the possibility that you could lose all of your investment.
This is why you should never invest what you can’t afford to lose.
FAQs
1. Which coins are meme coins?
Meme coins are cryptocurrencies based on humorous or internet-inspired branding rather than any practical, real-world usage. Well-known examples include Dogecoin (DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE). These coins often gain popularity through social media and online communities, attracting investors seeking speculative opportunities rather than long-term value.
2. What are memes coins?
Meme coins are cryptocurrencies that gain popularity based on internet memes and jokes rather than their underlying technology or utility. They often have playful or humorous branding. Notably, they’re highly speculative investments and may experience rapid price fluctuations driven by social media trends and community hype.
3. Which meme coin will reach $1?
Predicting which meme coin will reach $1 is speculative and uncertain due to cryptos’ volatile nature. However, Dogecoin ($DOGE) has historically been the closest to reaching this milestone. Other meme coins like Shiba Inu ($SHIB) and Pepe ($PEPE) have also attracted significant attention, but reaching $1 is still hands-reach away.
4. Is Memecoin a good investment?
Investing in any meme coin carries high risk due to its speculative nature and reliance on internet trends. Prices can be highly volatile, and gains are uncertain. It’s important to research the project and understand the coin’s market dynamics before investing. And, of course, only invest what you can afford to lose.
5. What are the best meme coins to buy now?
Presale data shows Crypto All-Stars and Wall Street Pepe are the best meme coins to buy now due to their explosive presales and early investor opportunities. However, it’s important to DYOR because the crypto market is volatile, and meme coins, in general, are highly speculative investments.