The crypto winter has been a drag on the market as a whole, but not every type of crypto token has been equally impacted. In fact, meme coins have experienced relative strength as investors look for profits in an otherwise bearish market.
Meme coins have helped mint a number of crypto millionaires, so investors take them very seriously despite their often fun and jokey subject matter. In this guide, we’ll take a closer look at 7 of the best meme cryptocurrencies to check out in 2023.
The 7 Best Meme Coins to Invest in Right Now
Here’s a quick list of the best meme coins to buy in 2023.
- Love Hate Inu – Best New Meme Coin Introducing Vote-to-Earn Rewards
- Tamadoge – Top Meme Coin with Play-to-earn Rewards
- Metacade – Community-Driven Metaverse Meme Crypto
- Dogecoin – Largest Meme Coin with a Huge Following
- Akita Inu – Top Cross-Chain Meme Coin
- Shiba Inu – Meme Coin with Real World Utility
- Safemoon Inu – Community-focused Meme Coin for Gaming
Analysis of the Top Meme Coins to Buy
Want to know more about the best meme coins for 2023? We’ll explain what makes these tokens stand out and the factors driving their prices.
1. Love Hate Inu – Best New Meme Coin Introducing Vote-to-Earn Rewards
Our pick for the best meme coin to buy right now is Love Hate Inu, a brand new token that’s currently holding a fast-moving presale.
Love Hate Inu is a blockchain-based voting platform where users can have their say on the biggest controversies of the day. Love Hate Inu token holders can vote on whether they love or hate public figures like Elon Musk and Donald Trump. Or they can take on more lighthearted issues like whether pizza should have pineapple on it.
One of the neat elements of Love Hate Inu is its new vote-to-earn rewards system. In order to vote on this platform, users have to temporarily stake their Love Hate Inu tokens (LHINU). Users’ voting power is proportional to the amount of LHINU they stake and how long they stake it for.
Once users cast their vote, they receive a reward. This reward will usually be additional LHINU tokens, but it can also be an NFT or another digital asset. The flexibility in Love Hate Inu’s reward system means that the project can partner with brands to give out custom prizes for sponsored polls.
At first, Love Hate Inu’s development team will create all new polls themselves with community input. However, by the end of 2023, the team plans to put their creation in the hands of users. Community members will be able to use the Love Hate Inu dashboard to create their own polls.
Love Hate Inu is offering up 90% of its total supply of 100 billion tokens through a crypto presale that’s going on now. By releasing so much of the token supply, the development team aims to put the vast majority of voting power in the hands of community members.
The presale has been a huge success so far, raising more than $100,000 in 24 hours and more than $1.3 million since launch. The presale has a hard cap of $10 million, after which Love Hate Inu’s development team plans to hold an initial exchange offering.
The price of LHINU increases with each successive stage of the presale, so investors won’t want to wait to buy this token. Check out the Love Hate Inu presale today to invest in one of the hottest new meme coins of the year.
2. Tamadoge – Top Meme Coin with Play-to-earn Rewards
Tamadoge is another popular meme coin with a lot of potential for investors in 2023. This doge-themed crypto project is a gamer’s paradise, offering a unique ecosystem with lucrative play-to-earn (P2E) rewards.
At the heart of Tamadoge are doge pets. Players can mint doge NFTs and then raise them to adulthood. Each NFT has its own unique stats, abilities, and weaknesses, and how players raise them will impact their development.
Once pets reach adulthood, players can use them to compete in games and battle them against other players’ doges. The development team behind Tamadoge has also been steadily introducing a new stream of mini-games, creating a player metaverse that it calls Tama Island.
As players explore Tamadoge’s mini-games and compete against one another, they earn rewards in the form of Tamadoge tokens (TAMA). TAMA has a maximum supply of 2 billion tokens, so the price rises alongside demand. In other words, as more players join Tamadoge, the price of TAMA is expected to go up.
Even better for investors, only around 600 million tokens are scheduled to be released through P2E rewards over the next decade. This rewards rate ensures that players can earn from Tamadoge without diluting investors’ token value.
Tamadoge is available on several major crypto exchanges and has a market cap of $14 million. The project team has a ton of new development planned for the future, so this is one of the best meme coins for investors to watch.
3. Metacade – Community-Driven Metaverse Meme Crypto
Metacade is a community-driven meme coin that’s poised to explode in 2023. This metaverse project was built by gamers, for gamers. It’s rolling out an expansive digital world where players can build their own mini-games, explore games from other developers, and earn P2E rewards.
Users don’t even have to be expert gamers in order to earn crypto from Metacade. The project offers multiple ways for community members to participate, including advertising, job listings, game testing, and a digital asset marketplace.
Although the project is still in its early stages, Metacade’s token presale (MCADE) has gotten a lot of attention. It’s raised nearly $12.3 million and less than 0.75% of the allocated presale tokens remain available. Metacade’s project team plans to hold an initial exchange offering shortly after the end of the presale.
4. Dogecoin – Largest Meme Coin with a Huge Following
Dogecoin is the meme coin that started it all. Originally created as a play on Bitcoin, Dogecoin has taken off to an extent never managed by its creators. Today, Dogecoin (DOGE) has a market cap of more than $8 billion and an entire peer-to-peer ecosystem has grown up around it. Dogecoin has even been championed by Elon Musk, one of the richest men in the world and a giant within the crypto community.
Dogecoin’s community recently proved that this token is more than just a joke by developing a self-custody wallet service built for Dogecoin. While the development community is loosely organized, there are plans for additional utility features to be introduced to Dogecoin.
The original meme coin is constantly innovating, and investors won’t want to miss out on the potential gains DOGE can offer.
5. Akita Inu – Top Cross-Chain Meme Coin
Akita Inu has often been called ‘Dogecoin’s little brother.’ The AKITA token began as a joke, but has since developed into a widely used decentralized autonomous organization (DAO).
Akita Inu is particularly exciting because it’s taking on one of the biggest problems in cryptocurrency: moving assets across different blockchains. AKITA tokens are one of only a handful of coins that are natively available on multiple chains. Right now, users can buy and sell AKITA on Ethereum and Avalanche, and there are plans to expand to other chains like Algorand in the near future.
Akita Inu is still relatively small, with a market cap of just over $15 million. However, that just means there’s a lot of potential upside for investors. The Akita Inu community has also burned nearly 8% of the total token supply, which helps drive up the price of AKITA.
6. Shiba Inu – Meme Coin with Real World Utility
Meme coins by definition often don’t have much real world utility. They’re designed to be fun and frivolous.
However, that’s not the case for Shiba Inu (SHIB). This token is widely called the ‘Dogecoin killer’ and has posed serious competition for the world’s largest meme crypto. Shiba Inu is based on the Ethereum network, so unlike Dogecoin it offers support for smart contracts. That means that users can interact in ways that simply aren’t possible with Dogecoin.
Shiba Inu currently has a market cap of $6 billion, making it one of the larger altcoins around. Investors who like Dogecoin but prefer a meme coin with more use cases behind it will find a lot to like about SHIB.
7. Safemoon Inu – Community-focused Meme Coin for Gaming
Safemoon Inu is a small-cap meme coin with plenty of room to grow. This crypto project is cultivating a loyal community by distributing 2% of every transaction to its token holders. It’s also in the process of building a gaming-focused metaverse that will offer play-to-earn rewards, unique NFTs, and more.
Safemoon Inu’s token (SMI) currently has a market cap of only $1.4 million. That’s in part because it’s only available on the decentralized exchanges Uniswap and BKEX. If and when this token decides to list on centralized exchanges, investors could see the price shoot upwards.
Conclusion
Meme coins are designed to be fun, but they can also be serious assets with the potential to make investors a lot of money. Dogecoin and Shiba Inu, two of the largest meme tokens, minted a number of crypto millionaires when their prices took off.
Now, a new crop of meme cryptos could potentially do the same. Love Hate Inu is in the midst of an explosive presale and promises to create long-term value through its innovative vote-to-earn system. Check out the Love Hate Inu presale today to buy this token before the price goes up.