Meme coin is inspired by memes saved in an image, video or other media format. These cryptocurrencies can become quite popular with intriguing humorous jokes. Two of the most well-known and beloved examples are Shiba Inu (SHIB) and Dogecoin (DOGE). DOGE and SHIB have market valuations of around $9 billion and $5 billion, respectively. However, hundreds of other meme-themed cryptocurrencies are on the market.
5 meme coins with upside potential
Investors who missed the SHIB or DOGE train are searching for future meme coin projects that will become popular. Frankly, no one knows exactly which project will rise. However, the features offered by the projects and the goals they set give us an idea. As Kriptokoin.com, we have compiled for you 5 meme coins with low market caps that have the potential to rise in 2022.
Samoyedcoin (SAMO)
Launched on January 13, 2022, Samoyedcoin (SAMO) emerged during the “meme COIN” boom of 2021. The project was built on Solana Blockchain. It was also created in honor of cryptocurrency tycoon Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko. In fact, SAMO recognized the potential of online communities in the Web 3.0 world, the benefits of Solana, and the impact of meme coins on popularization. Thus, an experimental Web 3.0 meme focused on building a community has evolved into a cryptocurrency.
SAMO is a new digital asset that focuses on integrating Solana users, educating market participants, building connections and helping with daily tasks. Claims to be the fastest, most effective and environmentally friendly dog money in the game. However, they want to be more than that; They want to be the representative of Solana. The project released an NFT collection on January 31, 2021. This collection, consisting of 5,525 special designs, found a buyer within 7 minutes. The altcoin is currently traded on OKX, Gate.io, Bitrue, LAToken, Orca, Raydium and Serum.
Monacoin (MONA)
MonaCoin (MONA) is a peer-to-peer (p2p) payment network and open source decentralized cryptocurrency. The project was released in January 2014. However, it is based on Litecoin’s hard fork and runs on the Lyra2RE (v2) algorithm. Meme coin is decentralized and managed by the community. The coin has received tremendous support from regional investors and cryptocurrency enthusiasts. The MonaCoin community holds the title of Japan’s most active and engaged cryptocurrency user organization. It is currently traded on crypto exchanges such as MONA, Zaif, bitFlyer, Bittrex, ProBit Global, Bitbank, CoinEx, Dove Wallet.
Pitbull
Launched in March 2021, Pitbull (PIT) is a community-driven, dog-themed meme coin project on Binance Smart Chain (BSC). It emerged to support local businesses. It also calls itself a “unique social experiment” by involving investors in the development of the project and the community. Pitbull rewards token holders from transaction fees paid with PIT. Thus, it provides income to investors through an automatic staking system that provides passive returns. Cryptocurrency has a developed ecosystem and robust community. However, PIT is traded on many exchanges. Among these exchanges, OKX, MEXC, Bitget, CoinTiger and DigiFinex stand out.
Dogelon Mars (ELON)
Dogelon Mars is a meme coin project launched on April 23, 2021. The cryptocurrency is on the Ethereum and Polygon Blockchain networks. However, Dogecoin mimics other dog-themed meme coins like Shiba Inu and Floki Inu. Thus, they aim to achieve success. In fact, Dogelon Mars uses several popular meme token themes. The first is Dogecoin, the largest meme cryptocurrency. The second is Elon Musk, a multi-billionaire businessman and famous supporter of DOGE. For these reasons, the altcoin has grown to more than 84,000 Telegram subscribers and 300,000 Twitter followers. Thus, he managed to create a fairly large community. ELON is currently featured on KuCoin, UniSwap (V2), OKEx, Poloniex, Gate.io, and Crypto.com.
Baby Doge Coin (BABYDOGE)
Launched in June 2021, Baby Doge took some tips and lessons from Dogecoin. Actually, this new cryptocurrency was created by supporters of the Dogecoin community. Baby Doge hopes to impress its father, Dogecoin, by showing off its new, increased transaction speeds and cuteness. In fact, the meme coin was created with the aim of raising awareness about pet ownership. Currently, he is working on various features such as animal help, NFT, GameFi. BABYDOGE holders receive a 5% payout for every transaction in the ecosystem. Thus, the amount of BABYDOGE in the owners wallet is constantly increasing. The altcoin is currently traded on crypto exchanges such as Gate.io, Poloniex, OKEx, BitForex, Bitrue, DigiFinex.
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