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Meme coins are digital currencies that will prevail to gain more exposure and attraction in the crypto space. Even though it has not been long since meme crypto coins arrive in the limelight, many investors still consider it as an exciting and profitable investment. On the contrary, investors at times struggle to select the ideal meme coin. So let us have a look at the top 5 meme crypto coins that you can consider as an investment to diversify your portfolio.
Top 5 Meme Coins To Consider For 2022
A meme crypto denotes a digital currency that has zero inherent value and rarely offers any usage. You can see these coins via the lens of internet memes like funny images. Unlike hallmark digital currencies like Ethereum and Bitcoin, meme cryptos do not address centralization issues or operate as a direct source of remittance.
You will have to consider meme crypto in a broader sense but with the punch of humor and unique concept. The mechanics of these coins are also easy. Meme coins serve as crypto tokens that users can purchase. Most meme coins are hyped up from continuous promotions and the latest stories for a brief time.
For instance, Dogecoin serves as a decentralized digital currency with huge community support. But the “doge” name arrives from a popular internet meme. At the time, DOGE became a popular crypto buzzword but lost its market exposure after the latest Bitcoin Crash. But a single tweet from Elon Musk managed to restore DOGE. Since then, more meme crypto projects continue to take the center of attention in the crypto area. If you are wondering how to buy meme coins, you can get them on any of the crypto exchange platforms.
In this article, you can read about the 5 top meme coins list that has the most market exposure presently and deserve your attention in 2022:
Shiba Inu (SHIB)
Among the list of meme coins that will explode, this is one. Once upon a time, a dog named Shiba Inu coin successfully inspired a multitude of investors to take a leap into the rabbit hole of the SHIB project. SHIB, which is the native coin of Shiba Inu, is an ERC-20 token in the crypto space. Ryoshi, the pseudonymous creator, formed Shiba Inu in mid-2020 in the form of a meme coin. In no time, this coin managed to nurture high market exposure.
In fact, SHIB received tweets from big influences like Vitalik Buterin and Elon Musk. The meme crypto also had various news headlines and received the interest of investors across the globe. As of late 2021, there is a lot of skepticism that surrounds Shiba Inu.
But even if the $SHIB does not triple in value, it is still among the most stable and marketed meme crypto coins. Unlike others, this coin has had impressive advertising campaigns that made this coin more mainstream in the crypto space.
Also, the opinion that revolves around $SHIB is anticipated to become more positive in 2022. The fact of the concept is that it has been a long journey for Shiba Inu to create strong momentum and stabilize within the crypto space. But investors are required to be patient to gain the maximum profits from Shiba Inu ($SHIB).
Many investors in the crypto space who missed out on Dogecoin embraced SHIB as it is of low value. The native token of Shiba Inu, $SHIB, has over a 1 million quadrillion supply with half of its token supply locked already in the Uniswap liquidity.
Dogelon Mars (ELON)
Dogelon Mars is the byproduct of Dogecoin digital currency and prevails to receive more attraction. Dogelon is a perfect mix of Dogecoin cryptocurrency and Elon Musk. In the terms of Elon musk, he thinks Dogelon Mars is the initial name of the capital city on Mars.
As a Dogecoin ford, this crypto shows big promise. The long-term aim of Dogelon Mars is also pretty ambitious. ELON aims to help people get to Mars and form a Dogelon community that can help normal people get flights to planet Mars in the upcoming days.
Most lately, Dogelon Mars has had prominent gains. In fact, back in May 2021, the price of ELON was raised by 120% and made persistent headlines in the crypto space. Dogelon Mars has 1 quadrillion of supply, which implies there is plenty of room to purchase and trade it.
Akita Inu (AKITA)
Akita Inu is another meme currency that has been inspired by Dogecoin that employs the ERC-20 protocol on the Ether network. You may not know but Aita Inu prevails to attract a lot of market hype. After several months of its release, the meme currency was listed on several cryptocurrency exchanges.
Technically, this token revolves around the community of AKITA. In fact, the AKITA network has a long list of collaborations that enables AKITA to attract more market exposure. As a decentralized token, this coin is a community-based token that has no definite founders.
The trading volume of AKITA is nearly $19.5 billion. The AKITA community makes future decisions that are based on collective agreement. After three months of the launch of AKITA, over 15,000 investors decided to purchase the token. Once the Telegram project of AKITA was finalized, more than 20,000 investors joined the project.
Samoyedcoin (SAMO)
Samoyedcoin (SAMO) is Solana based and arrives across as a vibrant and fun meme coin. But similar to the first two meme coins, Samoyedcoin (SAMO) also takes inspiration from DOGE. In fact, the idea, approach, and execution of this coin are not so varied from Dogecoin. The basic difference is that SAMO is created around the Solana space rather than Ethereum.
Even though Samoyedcoin began as a meme coin, not it has now become the face of the Solana space. The primary goal of SAMO is to bring more people to Solana and roll out impressive latest solutions. It is no wonder many crypto enthusiasts think SAMO to be one of the best meme coins in the blockchain ecosystem.
SafeMoon (SAFEMOON)
SafeMoon is created on the Binance Smart Chain ecosystem as a BEP-20 token. After its roll out in March 2021, this crypto has had a steady increase. Today, many crypto experts see SafeMoon as one of the safest virtual currencies and via the same lens as Bitcoin and Ethereum.
Of course, there are subtle variations but SafeMoon operates on the same scale as top-tier digital currencies. With more than 200% growth in the last few months, over 2 million have bought SafeMoon.
Now, to resolve price fluctuation problems in the market, SafeMoon wishes to dissuade traders from day trading its coins. The notion is to avoid the prominent price dips that takes place when someone plans to sell their SafeMoon tokens.
Conclusions
Making investments in meme coins has become a source of excitement and fun in the crypto space. But like ordinary memes, coins that are based on memes can fall or rise varying on the online momentum. So, hold some research before making any investments in a meme-based project this year. You can follow the advice of professional investors and get used to crypto meme culture in the online arena.
In retrospect, aim at the effectiveness of every meme crypto coin and review its market data to plan the right investment decision. In simple words, it is a decision of whether or not the meme crypto coin will stand the test of time and would make a great investment. In terms of the valuation range, emphasize on the hype of the meme coins. The good news is that there is a good variety of meme projects on the borders and investors are more positive than ever about the meme projects in 2022.
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