In the volatile world of cryptocurrencies, memecoin has become an indispensable phenomenon. From coins that started as a joke, memecoin has quickly attracted the attention of the investor community, creating unimaginable growth. Names like Doge, SHIB, or PEPE have turned small investments into huge numbers in a short time. Let's join Coin68 to review the top 10 notable memecoins on Binance through the article below!
Top 10 notable memecoins on Binance
Dogecoin (Doge)
Dogecoin
If you are a cryptocurrency investor, you must have heard of Dogecoin , also known as Doge. This is one of the most prominent and successful memecoins in 2020-2021, with a growth of more than 200 times, bringing rich opportunities to many investors. The name "Doge" comes from a famous internet meme about a cute Shiba Inu dog. Moreover, Dogecoin is also XEM the "favorite child" of billionaire Elon Musk , because he often mentions and supports this coin in the media.
Shiba Inu (SHIB)
Shiba Inu
Shiba Inu is a memecoin developed on the Ethereum blockchain in August 2020 by an anonymous developer named Ryoshi. Shiba Inu 's symbol is the image of the famous Japanese Shiba dog, with the aim of directly competing with Dogecoin, another memecoin whose symbol is also the Shiba Inu dog.
Ordinals (1000SATS)
SATS (1000SATS) is a BRC-20 standard Meme token , created to honor Satoshi Nakamoto , the founder of Bitcoin . This Token represents the smallest unit of Bitcoin, called a satoshi, with a value equivalent to 0.00000001 BTC.
Developed by an anonymous team, SATS is primarily intended for entertainment and tribute purposes, highlighting the cultural and historical importance of this fundamental unit in the Bitcoin ecosystem.
PEPE (PEPE)
PEPE coin is a memecoin inspired by the popular meme character PEPE The Frog. PEPE launches as an ERC-20 token on the Ethereum blockchain in April 2023.
PEPE
The official website of PEPE coin has made it clear that the Token is not related to Matt Furie, the creator of the character PEPE The Frog. However, within just 2 weeks of its launch, PEPE quickly attracted attention from the crypto community and reached a market Capital of over 500 million USD and has now surpassed 3 billion USD.
ConstitutionDAO (PEOPLE)
ConstitutionDAO is a The DAO created to purchase one of the 13 original copies of the United States Constitution, signed on September 17, 1787, and auctioned at Sotheby's on November 18, 2021.
ConstitutionDAO
ConstitutionDAO believes that the Constitution belongs to the community and should not be privately owned. They raised $47 million from 21,000 global members and hired a team of experts to assist in the purchase and preservation. Although they were unsuccessful in the auction when the Constitution was purchased by Ken Griffin for $43 million, ConstitutionDAO stands out as the first DAO to target the purchase of historical cultural assets and has proven the power of its global community.
Memecoin (MEME)
Memecoin
Memecoin (MEME) is a memecoin issued by Memeland, part of the Non-Fungible Token ecosystem that promotes meme culture combined with the power of Non-Fungible Token. Memeland includes many Non-Fungible Token collectibles and games, aiming to connect the meme loving community in building a metaverse world. The Meme token has no function, utility, intrinsic value, or promise of financial returns or dividends. It also has no development roadmap or ecosystem building plan.
dogwifhat (WIF)
dogwife
Dogwifhat (WIF) is a memecoin released in November 2023 on the Solana blockchain by a group of anonymous developers. This Token is inspired by the image of a Shiba Inu dog wearing a beanie, entertaining and humorous.
WIF is not only about entertainment but also represents the development of futures trading, commitment to decentralization and empowerment of governance to the community. Since its launch, WIF price has increased more than 400 times and is now listed on Binance exchange.
Bonk (BONK)
Bonk is the first memecoin in the "dog and cat family" on the Solana blockchain, launching in late 2022 amid Solana being hit hard by the collapse of FTX and Alameda Research .
Bonk
Designed to attract users back to the platform, Bonk Airdrop the community with simple conditions such as early trading and Non-Fungible Token ownership. As a result, in early 2023, Solana saw a positive explosion with over $20 million in BONK-related volume and thousands of dollars in transaction fees.
BOOK OF MEME (BOME)
BOOK OF MEME (BOME) is a next-generation memecoin project that combines memecoin, social networking, and digital storage for meme. The project aims to reform the Web3 cultural market by integrating meme with a decentralized storage model, while minimizing untrusted transactions.
BOOK OF MEME
Not only that, the project combines Arweave and IPFS technology to store meme and plans to expand the use of Bitcoin Inscription in the future. BOOK OF MEME acts as an organization to preserve and develop meme culture, ensuring the permanence of each work on the blockchain.
Dogs (DOGS)
Dogs is a new memecoin launched on the Telegram platform , inspired by Spotty, a dog drawn by Telegram CEO Pavel Durov to raise funds for orphans in Russia in 2011. Spotty later became the mascot of the Russian social network Vkontakte.
Dogs
The DOGS Token quickly gained attention in the crypto community thanks to the fact that users could receive Token based on how long they had created a Telegram account, and the memecoin's channel reached over 1 million followers in less than 24 hours.
Summary
Memecoin has not only brought about spectacular price increases but has also become an indispensable part of the current cryptocurrency market. Despite its high profit potential, investing in memecoin also comes with many risks, requiring investors to be cautious. With the list of Top 10 notable memecoins on Binance mentioned above by Coin68, investors can XEM choosing suitable opportunities for their investment portfolio.
Note: Coin68 is not responsible for any of your investment decisions. Wish you success and earn lots of profit from this potential market!
