The cryptocurrency hype shows no signs of slowing down, with many people investing their money in different crypto assets.
Meme coins have emerged as one of the hottest trends in the market despite their apparent lack of use-cases. Nevertheless, the lure of huge profits continues to drive hype, and many investors have diversified their portfolios to include memecoins.
Dogecoin, for example, is a personal favourite of the world’s richest man Elon Musk who regularly tweets about the token. If you are new in the crypto space, here are five of the top meme coin projects to keep an eye on in 2022.
Dogecoin is considered the king of all meme coins. It practically paved the way for other meme coins and still has many loyal holders. Dogecoin is the Bitcoin of the meme community.
It has remained relatively stable despite the recent crash in the market. In addition, it has a robust community backed by prominent influencers like Elon Musk and Snoop Dogg. The Doge currently sells at $0.133, a 3.1% increase from last week’s price.
Many experts believe that Dogecoin is bracing up for another bull run and could soon reach a market capitalization of about $1trillion.
When you think about meme coins, one of the first few names that come to mind is Shiba Inu. The coin has experienced a mind-blowing 1,000,000% increase in price since its launch, and many experts expect it to experience another massive surge in price.
Like Dogecoin, Shiba also boasts a powerful and passionate community. As a result, the coin is primed to increase by over 250% by 2025. Shiba currently sells at $0.000026 per coin, about a 5.43% increase over the past week.
Shiba Inu is an excellent option to make a 10x to 100x reward in 2022.
Safemoon is another coin with massive potential in 2022 and beyond. Launched in March 2021, Safemoon experienced an increase of over 2,000,000% in its first few weeks.
One of the exciting things about Safemoon is its reward system. For every transaction, you are charged a fee of 10%, 5% of which is redistributed among active holders and the other 5% locked in the liquidity pool.
Safemoon has been relatively quiet in the market for some time now. However, the community remains strong, and experts predict the coin to experience a big bull run in 2022.
Dogelon Mars is another meme coin inspired by billionaire Elon Musk, with high potential in 2022. It seeks to replicate the breakthroughs of Dogecoin and Shiba Inu.
The token is rapidly gaining momentum and is tipped to be the next big thing in the meme token world. The developer of this coin has half of the total liquidity of the coin locked in the liquidity pool for Uniswap.
Gamerse is one of the few meme coins that boast a potential real-world utility. It is the cryptocurrency of the Gamerse platform, a to be the go-to place for gamers, both socially and as a marketplace for trading NFTs.
The coin has generated a lot of interest from Redditors, and it is considered one of the most-discussed meme coins on the forum.
Gone are the days when all meme coins were considered worthless due to lack of real-world use cases; with the help of social media hype and influencers, meme coins have gradually become low-end investments for crypto enthusiasts.
Do you want to make some easy money from meme coins in 2022? Then, do the due diligence of researching the available ones before going in. This article has provided you with a perfect start-off point.