Cryptocurrency trading is still booming. In times of crisis and financial uncertainty, people are looking for new investment opportunities, while government control and less and less transparency promote the idea of an anonymous and safe means of payment. All of these are conditions that cryptocurrencies meet, so it is not surprising that more and more people are choosing to invest in digital money. The investment is also relatively simple and uncomplicated. No visit to the bank and no big hurdles. You also have to decide on one of the many cryptocurrencies and the project behind it. In this article, we’ll take a look at a slightly different type of cryptocurrency.
Meme tokens are cryptocurrencies that usually do not have a specific goal or belong to a project. Rather, these tokens came about as a joke. The Doggy Coin, for example, is a meme coin that was created as a joke copy of the Dogecoin. But the Dogecoin is also based on a joke on his part.
Although the story behind the meme coins is ironic, the coins are now an integral part of the crypto market and are generally recognized as such in the scene. It is interesting to know that there are investors who are specifically looking for meme coins for an investment and some meme coins, including the Dogecoin, are among the top-rated and most well-known altcoins on the market.
So although this is actually a joke, meme coins are quite serious business and you can invest in such a coin without hesitation. In fact, some of the coins are top contenders in the market and are trading at quite a high price.
TOP 5 MEME TOKENS IN 2022
In this section, we take a closer look at the eight top meme coin projects for 2022. We would like to help you to find a suitable token for investment and at the same time give you an insight into the market. If you already know about cryptocurrencies but are not familiar with meme coins, then you will probably find a name or two on the list and be amazed.
PROJECT 1: DOGE COIN (DOGE)
The Dogecoin is a very well-known project and one of the most popular altcoins on the market. The token was created in 2006 as a joke with the aim of building a joke payment system. The reason for this was the doubts about cryptocurrencies at the time. It was never intended that DogeCoin would be a success or stay in the market for a longer period of time. Nevertheless, the token is one of the most successful and expensive altcoins on the market today. If you are looking for a first-class meme coin, then the DogeCoin is your first choice.
PROJECT 2: SHIBA INU (SHIB)
Shiba Inu is a Japanese dog breed. This is also the reason that the name was chosen for the cryptocurrency, which is considered a joking offshoot of the well-known Dogecoin. The token was founded in 2020 by an anonymous person who did not want to reveal their name. However, the growth and success of this token are rapid. The Shiba Coin was able to increase in value many times over in 2022 and is now one of the most successful meme coins on the market.
PROJECT 3: MONA COIN (MONA)
The MonaCoin is a meme coin that was created in Japan in 2014. It is a full cryptocurrency and a P2P payment system. The MonaCoin has been a hit, especially in Japan, since its inception. It is the first true Japanese cryptocurrency. But the coin was also able to attract attention and gain popularity outside of Japan. For example in parts of Europe and in South America. If you are looking for a meme coin with a P2P payment system, then the Mona Coin is a good choice.
PROJECT 4: SAFEMOON (SAFEMOON)
Safemoon is a Defi Coin that is still quite young and has only been on the market for a short time. As a meme token, this coin is also more of a joke. This is also reflected in the three foundations of the project: reflection, acquisition, and combustion. However, the tokens are traded on different exchanges and can also be used by users for payments among themselves, etc. However, due to the very low exchange rate of around 0.000004 US dollars, this is not very practical. This is mostly a hoax investment for people who want to have fun or like to say also trade and own crypto.
Read More About: What is a MEME Token?
PROJECT 5: LOSER COIN (LOWB)
The Loser Coin is a meme token that is obviously aimed at the losers of this world. If you look at the motto of the token, which was immortalized as part of the logo, then every user will quickly realize who is being mocked with this coin. “Make Losers Great Again” is the name of the logo and means “Make losers great again”. Anyone who remembers the election motto of ex-US President Donald Trump, which was “Make America Great Again”, will quickly see the parallels here. Like most meme tokens that do not belong to the greats like Shiba or DogeCoin, an investment in the loser coin is more of a joke. No success or profits can be expected from an investment. But, as a joking comment, you can buy Loser Coins even if you are not one of the losers yourself. Still, only a real loser or a real prankster will probably decide to invest in this token.