Invest in these top meme cryptos to earn high profits in the future.
Experts believe investing in cryptocurrencies ensures present and future financial security. It allows you to grow your wealth and, at the same time, generate inflation-beating returns. You also benefit from the power of compounding.
The crypto market has grown leaps and bounds since the emergence of Bitcoin, the first cryptocurrency. As a result, millions of investors strive to keep track of blockchain-driven cryptocurrencies that might explode in the future to gain maximum profits.
Lately, meme coins have become popular. Although the first one was invented nine years ago, new ones keep coming up in the market. To help you familiarize yourself with the latest meme coins you can choose from, we have made a list of the 5 best meme coins to buy in June 2022.
Dogecoin
Dogecoin is our number one option for top meme coins to buy in 2022. It is considered one of the best “jokecoins” and most undervalued cryptos in 2022. Founded in 2013, Dogecoin is the foremost meme cryptocurrency and was meant as a joke about the sudden growth of alternative currencies (altcoins) following Bitcoin’s popularity. Since then, Dogecoin has evolved and become a valuable crypto asset for holders.
Now, Dogecoin is considered the king of the meme crypto ecosystem. The primary reason behind it is the support it received from eccentric entrepreneur and billionaire Elon Musk. The Tesla and SpaceX CEO played a principal role in the boom of the meme coin niche and Dogecoin’s rise to nearly $1 in value as DOGE tapped out at 73 cents. Meanwhile, Musk has not given up on the coin, recently announcing that both his companies, Tesla and SpaceX, will be accepting DOGE payments for merchandise sales.
Today, DOGE is making a case to be one of the best meme coins to buy in June 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu
The meme coin race has been made even more interesting with Shiba Inu’s launch in late 2020. According to its anonymous creator Ryoshi, Shiba Inu is a spontaneous experiment on the community-driven initiative. This is a part-piece attempt to topple Dogecoin on the meme crypto crown and install Shiba Inu as the top meme coins for investors. It has led to Shiba Inu (SHIB) being nicknamed the ‘Dogecoin killer.’ Despite playing second fiddle to Dogecoin, Shiba Inu surged over 21,000% in the climax of the 2021 price rally, making the digital asset one of the best meme coins to buy in June 2022.
However, Shiba Inu does not aim to take over the top spot with just social media hype and fanfare. The Shiba team has been churning several use cases to keep the project relevant and top-of-mind for investors. One of the most recent is a foray into the Metaverse.
Therefore, buying this meme coin in June 2022 could bring you significant profits down the line.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Floki Inu
Floki Inu is one of the few cryptos to pop up after Dogecoin’s run to nearly $1. Floki was created in response to an Elon Musk tweet, where he said he was planning to name his Shiba Inu puppy Floki.
It was a simple tweet showing his love for Shiba Inu dogs and the History Channel series Vikings, but it was enough to spark the creation and ongoing success of one of the biggest meme cryptos to invest in. Then, in October, that success exploded. Following SHIB’s massive gains, FLOKI itself grew nearly 500% in value.
Notably, the Floki Inu developers are implementing several new products into the ecosystem, including a non-fungible token (NFT) market, a metaverse space, and an educational space to learn about crypto. The network is undergoing a transition currently to leave investors themselves in charge of future changes to the network through a Floki decentralized autonomous organization (DAO). These aspects make FLOKI one of the best meme coins to buy in June 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Baby Doge
Baby Doge (BABYDOGE) is a reprised version of the Dogecoin cryptocurrency. It is just a few months old in the market, and before Elon Musk’s tweet, its growth was questionable, especially when there are so many crypto assets around in the market these days. But like how Doge took off, Musk’s random tweet on Baby Doge was enough to propel the cryptocurrency to double its value in quick time.
Baby Doge symbol is a younger Shiba Inu dog used on the tokens as well. It also carries a social message of saving the dogs with partners like Paws with Cause. Baby Doge promises that 5% of each transaction is added to the liquidity. In addition, 5% of each transaction is shared with token holders.
The foundation behind Baby Doge claims to be offering high rewards for early investors and appealing plans for the future, making it one of the best meme coins to buy in June 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Dogelon Mars
Dogelon Mars is another spin-off from the popular meme crypto figure, Dogecoin. Seeking to boost its appeal, the founders have also tapped on Dogecoin’s principal supporter Elon Musk and have combined both figures to form the project.
As with most meme cryptos, Dogelon Mars is community-driven and decentralized. The major narrative of the project is around the planet of Mars and shows how the dog-themed in-game meme travels through the galaxy and meets new friends. Dogelon Mars also comes with no known figure, as is the usual trend around meme coins.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bottom Line
Love them or hate them, meme coins are here to stay. With each passing day, cryptocurrency grows in value and relevance in the market, so make a note of these 5 best meme coins to buy in June 2022.
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