Five Best Meme Cryptocurrencies To Keep An Eye On In 2022

The popularity of Meme tokens is a cryptocurrency that has seen a rapid rise in usage. This type of cryptocurrency is incredibly popular due to the actions of influencers or retail investors. The meme cryptocurrency has seen a tremendous rise in popularity throughout 2021. The new market capitalization for the coins is now more than 43 Billion.

Meme cryptocurrencies such as Dogecoin or Shiba Inu have seen astronomical growth in popularity. A number of companies, such as Guaranty Escrow and EasyDNS now accept Dogecoin payments.

Similar article| Only In Crypto: A Croissant Breaks Down How GameStop & NFTs Will Boost Ethereum

These are just a few of the many meme tokens that you could include in your digital portfolio.

Dogecoin, (DOGE).

Dogecoin now holds the title of the best and most lucrative meme coin to make your investments. Dogecoin saw significant growth under the leadership of Elon Musk (CEO of Tesla and SpaceX), in 2021. Musk, a billionaire, made it clear that Tesla would adopt Dogecoin in 2021 as one payment option.

Other companies have expressed interest in the meme-coin, which is fast growing and features a dog. AMC Theatre is one example of a prominent theatre that accepts DOGE as payment.

meme tokens
DOGE faces a dip at the moment | Source: DOGEUSD on Tradingview.com

Market cap for this number token is now 22.7 billion. The price of the currency at the moment of writing, $0.1582 shows a drop of 7% in seven days. Dogecoin’s all-time high of $0.73 was achieved on May 3, 2021. An analyst predicts that the price of this meme coin will reach $1 within a few months.

Shiba Inu (SHIB)

Shiba Ina coin has experienced a dramatic rise, making it one of the top ten cryptocurrency. SHIB, a popular meme token that is highly profitable for investment because of its high price performance, stands out.

meme tokens
A downward trend is observed in the SHIB. Source: Tradingview.com SHIBUSD| Source: SHIBUSD on Tradingview.com

It has competitively raced with Dogecoin to emerge as ‘the most searched cryptocurrency for 2021’. Coinmarketcap ranked Shiba Inu at the top with more than 188,000,000 views. Bitcoin is second, with approximately 145 million views.

The market capitalization of this meme coin is over $18.2 million. The price of the meme coin at the moment of writing is $0.000033. This indicates a drop of 2.19% in the past 24 hours. Shiba inu reached an all-time record of $0.00008 on October 20, 2021.

Dogelon Mars ELON

Dogelon Mars is derived by joining Dogecoin and Tesla’s billionaire CEO, Elon Musk, promoted Dogecoin. This meme coin is now number three in the world and can be used to invest profitably.

Dogelon mars
ELON is still in the red zone| Source: ELONUSD on Tradingview.com

Dogelon Mars, a meme coin that is highly desired by users of Dogecoin has been created following their steps. Huobi and Gemini have now added support for the meme coin to their platforms.

Market cap for the dog-themed coin is $869 million. The current price of the coin is $0.000001328, with a drop in value of about 5% over the past 24 hours.

Samoyedcoin

Samoyedcoin has some similarities to the Solana Network. The meme coin allows for high scaling, fast transactions and low fees.

Samoyedcoin
Source: Samoust on Tradingview.com| Source: SAMOUSDT on Tradingview.com

Additionally, the token that is part of the meme coin guarantees scarcity. It burns 3 times per year from when it was launched. In November 2021, 500 million SAMO tokens were destroyed.

Market cap for this meme coin amounts to approximately $124 millions. As of the writing of this article, SAMO’s price is $0.03174. This represents a drop in value of 3.36% over the last 24 hour.

MonaCoin – MONA

Monacoin was established in December 2013 and is an open-source, p2p network.

cryptocurrencies
MONA tries rise| Source: MONAWETHon Tradingview.com

As the first altcoin, this meme coin was created in Japan. After being advertised for land purchases in Nagano, it boomed.

Similar article| Why was 2021 an important year for NFT?

Monacoin currently trades at a value of $77million. The current price of Monacoin is $1.11 at the time this article was written. There has been a 1.95% drop in the past 24 hours. It is one of the best investment tokens for boosting your profits. The meme coin reached an all-time peak in 2017.

Featured Image from TradingView.com, Charts and Pexels

Get more Crypto News at CFX Magazine