The Wall Street Memes Platform has been a popular social media space for years. The popular meme platform has decided to expand its offerings with a new ERC20 token $WSM that will offer returns to early investors. Wall Street Memes is a new meme token project that has already received approval from Elon Musk. $WSM (Wall Street Memes) – A new meme coin which has raised over $16 million so far So, here’s a more detailed look at the top 10 meme coins that made our list. As stated earlier, knowing the best meme coin to back can be challenging. Now that we’ve highlighted the top 10 meme coins to buy in 2023, we’ll proceed to review each one. 10+ Best Meme Coins To Buy 2023 – Reviewed While their long-term sustainability and impact remain uncertain, meme coins undoubtedly continue to spark conversations and bring a dash of whimsy to the world of cryptocurrencies. Rooted in internet culture, they serve as a testament to the power of collective humor and social influence in the realm of digital finance. Meme coins are a fascinating and unique aspect of the cryptocurrency landscape. If you are looking for more stable crypto tokens, it may be worth considering some of the best long term crypto investments. Moreover, the abundance of meme coins can potentially dilute the credibility of the broader cryptocurrency market. Due to their lack of intrinsic value or clear use case, investing in meme coins can be highly risky, with prices susceptible to drastic fluctuations based on social media trends and hype cycles. On the other hand, skeptics raise concerns about the speculative nature of meme coins. Moreover, the strong sense of community surrounding meme coins fosters a spirit of inclusivity and solidarity. Supporters argue that these coins provide a refreshing break from the serious and often complicated nature of traditional cryptocurrencies, making the crypto space more approachable to newcomers. Meme coins have both avid supporters and passionate critics. After the presale, marketing and social media hype is used to push the price of the token upwards and reward presale investors. Most meme coin projects will hold a presale through which investors can purchase tokens at a very low price. Meme coins are created as a short-term investment with the aim of creating a pump that will reward early investors. Just like traditional cryptos, meme coins can be swapped on decentralized exchanges and some are even listed on centralized exchanges. Most meme coins are built on the Ethereum blockchain and meet the ERC20 standard. On the other hand, the price of meme coins can drop just as quickly. On one hand, this means that the prices of meme coins can see huge spikes and offer returns to investors quickly. Investors buy meme coins to be part of the online community, take advantage of price pumps and diversify their portfolios with non-traditional assets. Due to the fact that meme coins have no real utility, they can be VERY volatile. Following the success of Dogecoin, a plethora of other meme coins surfaced, each with its own unique theme and community. Created as a joke by software engineers Billy Markus and Jackson Palmer, Dogecoin was based on the popular internet meme featuring the Shiba Inu dog breed. The first meme coin to be created was DOGE in 2013. These coins derive their value from the collective belief and enthusiasm of their followers rather than any tangible asset or use case. Instead, they are driven by the power of internet memes, pop culture, and online communities. ![]() Unlike traditional cryptocurrencies like Bitcoin or Ethereum, meme coins are not created with a specific utility or groundbreaking technology in mind. Meme are a type of digital assets that have garnered significant attention for their lighthearted and often humorous nature. SMI (Safemoon Inu) - BEP-20 DeFi token for gaming and rewards.DOGEDASH (Doge Dash) - Mario-inspired game coin for play-to-earn.ELON (Dogelon Mars) - Named after Elon Musk’s conquest to colonize Mars.BABYDOGE (Baby Doge Coin) - Dogecoin’s brand new “son”.MONA (Mona Coin) - First Japanese cryptocurrency with a high processing speed.AKITA (Akita Inu) - Dogecoin-inspired meme coin on the Ethereum network.SHIB (Shiba Inu) - The “dog” meme coin with impressive utility.DOGE(Dogecoin) – Cryptos first and biggest meme coin to date.LHINU (Love Hate Inu)- Newest meme coin that is set to 300x coin) - The “joke” coin with the biggest market cap.$Ai (AiDoge)- Meme-generator platform with unique utility.$SONIK(Sonik Coin) – New Stake-2-Earn Meme Coin Token to Invest in Now.$WSM(Wall Street Memes)- The Best New Meme Project With Elon Musk’s Support.Best Meme coins that will explode in 2023 – Our Verdict
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