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In a short period, meme coins have become very well-known. These coins are one sort of investable cryptocurrency. Still, there’s a significant distinction between meme coins and other cryptos in terms of utility. Meme coins count on the internet jokes and memes.
The cryptocurrency world has exponential growth since new coins are entering the market. The meme coins are not backed by anything yet. They are famous for their rapid growth encountered previously. Some of them have full potential shortly of digital platforms.
In the coming section, we will explore the best five to spend money wisely in 2022.
Best meme coins to invest in 2022
- Shiba Inu (SHIB: 18.755B)
- Doge Coin (DOGE: $21B)
- Dogelon Mars (ELON: $647M)
- Doge Dash (DOGEDASH: $16.8M)
- Ariva (ARV: $34.2M)
- Loser Coin (LOWB: $4.3M)
- Kangal (KANGAL: $1.1M)
- Hoge Finance (HOGE: $53.1M)
- Yummy (YUMMY: $2.7M)
- SafeMoon Inu (SMI: $8.5M)
Shiba Inu (SHIB)
Market cap: $18.755B
SHIB/USDT daily chart
Shiba Inu is the most famous meme coin in the market, having the strongest community support. This meme coin was created to run an experiment to develop an open community. The team of Shiba Inu carried on to inaugurate and produce modules for the cryptocurrency.
Does Shiba Inu have the potential to grow?
When it comes to utility Shiba Inu has potential stimulation. Since SHIB is ETH (Ethereum) based, it comes with higher fees and network blockage. A layer-2 blockchain is required to invent to resolve the issue, and traders may get expanded capacity for rapid transactions at a low cost.
Dogecoin (DOGE)
Market cap: $21B
DOGE/USDT daily chart
It is one the most victorious meme coins that came across with billion dollars value up to this point. It has manifested that the feasibility of cryptocurrency and serious projects are at the same pace. Dogecoin operates on blockchain technology as same as Ethereum and Bitcoin do. Dogecoin reached a massive price hike after its listing on Coinbase.
Does Dogecoin have the potential to grow?
This coin has the potential to be established, although still now it is lacking on the likelihood to grow up to 10,000%. But, there is an existing fame game of Dogecoin that makes it hard to figure out its perspective. Nevertheless, there is also a conflict between several extraordinary figures’ fundamentals and rationale, anticipating conspicuously high prices. Traders may get fascinated by the exceedingly higher price upturn of Dogecoin, yet the uncontrolled supply will lead to inflexibility in terms of trading Dogecoins.
Dogelon Mars (ELON)
Market Cap: $647M
ELON/USDT daily chart
Dogelon Mars is a meme coin that gets a bunch of admiration from crypto devotees. It turns out one of the highly regarded meme coins in the cryptocurrency markets nowadays due to its skyrocketed value. And the reason behind it is the tweet made by Elon Musk, an active player of the cryptocurrency world, are accountable for major rallies.
Does Dogelon have the potential to grow?
This coin has the potential to have a rivalry with the SHIB because they have similar tokenomics. Moreover, both of them had majorly donated to charities and global organizations to support creating a better place. Also, the Dogelon token is marketed as an interstellar currency.
Doge Dash (DOGE DASH)
Market cap: $16.8M
DOGE DASH/USD price chart
Doge Dash is a bit more than the meme coin that put forward a fun game conformable to flappy bird. Here, players may obtain DOGE DASH tokens as rewards. Then players collect coins and may get around 10,000 DOGE DASH upon reaching the final level, where one Dash costs 100 coins. Also, a 7% cut is applicable over each transaction as Community Rewards. Besides, another 5% of the cut will be applied for PancakeSwap liquidity.
Does Doge Dash have the potential to grow?
It is a famous and well-to-do meme coin. The autonomy of the digital economy makes it an ideal meme coin. The Doge Dash offers contentious programmable payment, storage, and logistics options. It has encountered a commendable history of making a lot of amendments to continue with its dynamic nature. There is a potential for the average price to increase to around $0.00040019. Thus, the highest trading price of $0.00045596 along with the least price level of $0.00038572. Hence, the Doge Dash qualities make it a stable meme coin for investing in it.
Ariva (ARV)
Market cap: $34.2M
ARV/USDT daily chart
The Ariva meme coin has an incitement to speed up justifiable development for the tourism networks, both local and international. It is a B2C (business-to-consumer) network, connecting members both running and possible travelers via bookings, recommendations, reviews, etc., and gaining cryptocurrency from the reservations.
Does Ariva have the potential to grow?
Traders are interested in investing in the ARV meme coin; the price increased quickly after the coin entered the market. Numerous places may fill up with plenty of tourists from all corners of the world in the coming days. Therefore, the ARV meme coin’s value will have an automatic push, and an outstanding income can be generated by trading on it. As per the expert’s anticipation, the ARV coin may be hit up to $0.0000793279 by the end of 2022.
Pros and cons
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Final thought
To conclude, a meme coin is stirred up from the memes and inside jokes. The worth of the meme coin may fluctuate due to being hugely volatile and impinged through public opinions. Furthermore, celebrity accreditations bring both upper-hand and lower-hand conditions for the traders.
In most cases, these cryptos seem precarious and vulnerable because some of the coins were evident as scams. Investing in them makes sure to gather necessary information and research them properly because meme coins are not governed under any regulatory safety net yet.
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