As the name suggests, meme cryptocurrencies are inspired by online memes, and the more viral they get, the more profit they can generate. Meme coins are one of the many buzzwords in the rapidly growing cryptocurrency market, with many to consider. This digital currency segment is gaining attention and creating profitable opportunities for new users—popularity, crowd size, interest, and demand effects the market value of these coins. Mehracki (MKI) isone of these top 4 meme coins that crypto users can look at this year, which could have great future potential.
Mehracki (MKI) is a community-driven meme cryptocurrency that is built on the Solana (SOL) blockchain with the capacity for 50,000 transactions per second. This token is also known as a “feel-good” meme coin and is in its presale phase. It was developed to enable holders use Mehracki’s (MKI) native token for cross-border, cost-effective, and speedy transactions without the interference of a third party. These transactions focus on the hotel and tourist industries and offer rewards and discounts for every booking and marketing.
Digital art enthusiasts will be able to utilize the NFT marketplace, earn rare NFTs through spending, create NFTs, transact, monetize and trade them for a long-term profit generation.
Shiba Inu (SHIB):
Shiba Inu (SHIB), the most famous community-driven meme coin, has a decentralized exchange (DEX) known as Shiba Swap and is based on Ethereum (ETH) blockchain. It is renowned for its name, which is named after a well known breed of dog and resembles Bitcoin (BTC) in structure. Elon Musk and Vitalik Buterin, Ethereum’s co-founder, are two of this meme coin’s enthusiasts.
SHIB, Shiba Inu’s native token, is used to perform real-world transactions and payments, including as a payment method in restaurants. According to its founder, its goal is to become a stable global currency.
Users can not only earn a passive income through smart contract functionalities but also lend, stake, buy, sell, or trade on many other exchanges like Binance and Coinbase.
DOGE is an open-source, peer-to-peer, and the first meme cryptocurrency based on the Litecoin (LTC) blockchain. It was initially developed to be fun, accessible for everyone, and for the purpose of tips and donations.
Its market value grew even further when Tesla and SpaceX CEO Elon Musk endorsed it on his Twitter handle. The meme coin could secure a position in the top 20 cryptocurrencies by market capitalization.
The coin is considered a good suit for small and speedy transactions besides other online purchases.
Dogelon Mars (ELON):
Dogelon Mars (ELON) is a meme coin famous for referencing Elon Musk’s idea of colonizing Mars and with Dogecoin (DOGE) being the currency of the city. It is based on both the Ethereum and Polygon blockchain. It is an ERC-20 doge-themed token and one of the most significant meme coins in the market.
The founders of this coin are unknown, and it has been around for some time and usually follows the principles of other meme coins such as Shiba Inu (SHIB).
Users can trade, buy, and hold on Dogelon Mars (ELON) tokens through the crypto wallet. Since the coin has seen a considerable increase in popularity and survived the market slump, it is considered a long-term project.
Meme coins are usually community-driven coins heavily influenced by viral internet material such as public statements, news, and memes. The meme cryptocurrency market is expanding. It is considered to be able to provide potentially profitable opportunities; cryptocurrency enthusiasts could consider the above five meme coins for long-term gains.