Five Best Meme Cryptocurrencies To Keep An Eye On In 2022
January 07 2022 - 7:18AM
NEWSBTC
Meme tokens are cryptocurrencies with increased popularity within a
short period. The remarkable acceptance of this type of
cryptocurrency comes from the activities of retail investors or
influencers. As a result, the meme cryptocurrencies have
experienced tremendous growth throughout 2021. This explains the
new market capitalization of the coins, which is more than 43
billion. The meme cryptocurrencies are gaining more adoption in
different sectors, of which Dogecoin and Shiba Inu are the top
tokens with astronomical increases. In addition, some companies
like AMC Theatres, Guaranty Escrow, EasyDNS, and others now accept
Dogecoin for payment. Related article | Only In Crypto: A
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Here are some of the meme tokens you can include in your digital
portfolio. Dogecoin (DOGE) Dogecoin has taken the lead is the top
and most profitable meme coin for your investment. With the
influence of Elon Musk, the CEO of Tesla and SpaceX, Dogecoin,
witnessed significant growth in 2021. Furthermore, the billionaire
CEO, Musk, announced in December 2021 that Tesla adopted Dogecoin
as one of the payment options. Besides Tesla, other companies are
interested in this fast-growing dog-themed meme coin. For example,
AMC Theatre, one of the prominent theatres with the most
significant number of branches, indicated its acceptance of DOGE as
a payment method. The move of this number meme token has put its
market cap at 22.7 billion while its price at the time of writing
is $0.1582 showing a dip of 7% within the last seven days. Dogecoin
had its all-time of $0.73 on May 3, 2021. Analysts predict that
this meme coin will hit $1 in a few months from its price
performance. Shiba Inu (SHIB) Shiba Ina Coin has made a remarkable
increase making its way to the top ten cryptocurrencies. SHIB
stands as one of the top meme tokens for profitable investment with
its price performance. It has competitively raced with Dogecoin to
emerge as ‘the most searched cryptocurrency for 2021’.
Coinmarketcap gave a record of more than 188 million views for
Shiba Inu as the top as Bitcoin follows behind it with about 145
million views. This meme coin has a market cap of over $18.2
billion. Its price at the time of writing is $0.000033, indicating
a dip of 2.19% within the last 24 hours. Shiba Inu hit an all-time
high of $0.00008 in October 2021. Dogelon Mars (ELON) Dogelon Mars
is derived by joining Dogecoin and Tesla’s billionaire CEO, Elon
Musk, promoted Dogecoin. As a result, this meme coin has risen to
be number 3 meme tokens and stands as an excellent investment means
for profit. By following the steps of Dogecoin, Dogelon Mars has
become one of the top meme coins that are highly sought for. Some
crypto exchanges such as Huobi, Gemini, Crypto.com now support the
meme coin on their platforms. The dog-themed coin boasts a market
cap of about $869 million. Its price is $0.000001328 showing a drop
of 5% within the last 24 hours at the time of writing. Samoyedcoin
(SAMO) Samoyedcoin shares some similarities with the Solana
Network. However, the meme coin enables high scalability, speedy
transactions, and low fees. Furthermore, the meme coin ensures
scarcity through its token burns three times from its launch time.
The last destruction in November 2021 resulted in the burning of up
to 500 million SAMO tokens. This meme coin has a market cap of
about $124 million. At the time of writing, SAMO is $0.03174
showing a drop of 3.36% within the last 24 hours. MonaCoin (MONA)
Created in December 2013, Monacoin operates as an open-source p2p
network. This meme coin was developed in Japan as the first
altcoin. It later boomed after being used in an advert for buying
land in Nagano. Related article | Why was 2021 an important
year for NFT? Monacoin currently has a market cap of about $77
million. Its price at the time of writing is $1.11, with a 1.95%
dip within the last 24 hours. The meme coin had its all-time high
in 2017 and is considered one of the investment tokens to boost
your profit. Featured image from Pexels, Charts from
TradingView.com
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