Meme coins have cemented themselves as a mainstay in the cryptocurrency landscape, riding on viral trends and online communities rather than concrete fundamentals. As we enter 2024, a new fleet of meme coins is catching investors’ eyes, leveraging buzzworthy themes ranging from dogs to food to carve out a share of the speculative market.
In this article, we explore five of the top meme coin contenders that are making waves early in 2024. From the rising Dogwifhat on Solana to classics like Dogecoin and Shiba Inu, these meme cryptos are being traded in high volumes, while their capped supplies and devoted fan bases position them for potential growth.
Bonk (BONK)
Current Price: $0.00001074
Market Cap: $680,122,983
Bonk is a unique addition to the meme coin market, positioned at #87. It’s the first dog-themed coin on Solana, with a massive circulating supply in the trillions. Bonk’s creation aimed to enhance liquidity in Solana-based DEXs, making it a coin of interest for both traders and Solana enthusiasts.
Shiba Inu (SHIB)
Current Price: $0.000008849
Market Cap: $5,214,767,261
Shiba Inu, a well-known name in the meme coin sector, ranks #18. It’s an Ethereum-based token that gained fame for its community-driven approach and association with notable personalities. With a circulating supply in the hundreds of trillions, SHIB continues to be a favorite among meme coin investors.
Dogecoin (DOGE)
Current Price: $0.07801
Market Cap: $11,140,103,145
Dogecoin, the pioneer of meme coins, stands strong at #10. Originating from a popular internet meme, DOGE has seen widespread adoption and recognition, even from celebrities like Elon Musk. Its limitless supply and strong community support make it a staple in the meme coin market.
