Top Meme Coins Dip Buying Opportunity
Discover the Best Meme Coins to Buy on the Dip - Opportunity in the Meme Coin Market 2023
 |
| knowledgeuest.blogspot |
Meme coins are cryptocurrencies that are inspired by internet jokes, memes, or viral trends. They often have catchy names, cute logos, and loyal communities of fans and supporters. Some of the most popular meme coins include Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).
Meme coins are not meant to be taken too seriously, but they can also offer some attractive investment opportunities for savvy traders who can spot the right entry and exit points. Meme coins are highly volatile and speculative, so they can experience huge price swings in both directions. This means that they can also provide some lucrative dip buying opportunities for those who are willing to take some risks and have some fun.
In this blog, we will look at the top ten most Popular meme coins that are currently trading at a discount from their recent highs and could potentially bounce back. We will also discuss some of the factors that could influence their price movements and what to watch out for before investing in them.
1. Wall Street Memes (WSM)
Wall Street Memes is a meme coin that is backed by one of the biggest internet meme movements in the crypto space. It is based on the WallStreetBets subreddit, which is known for its coordinated trading campaigns that target undervalued or heavily shorted stocks. WSM aims to bring the same spirit of rebellion and disruption to the crypto market, by allowing its holders to vote on which tokens to pump or dump.
The WSM coin price started at $0.025 during its first presale round, which sold out within days and is now priced slightly higher, still affording a discount to early buyers - to incentivize those taking on the most risk. The Wall Street Memes price stages at presale are: The thirty total Wall Street Memes presale stages. after it gained attention from Elon Musk on Twitter, who tweeted “WSM to the moon” with a rocket emoji. WSM also gained popularity from its community of more than 1 million social media followers, who actively participate in its meme contests, giveaways, and live streams.
This could be a good opportunity to buy WSM at a low price, as it could benefit from several positive catalysts in August. First, WSM could benefit from the launch of its own decentralized exchange (DEX), which will allow users to swap WSM and other tokens with low fees and high liquidity. Second, WSM could also get a boost from the upcoming release of its own non-fungible tokens (NFTs), which will feature exclusive memes and artworks created by its community. Third, WSM could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and KuCoin.
2. Baby Shark Token (SHARK)
Baby Shark Token is a meme coin that is based on the viral children’s song “Baby Shark”. It was launched in May 2021 as a way to raise awareness and funds for ocean conservation. Baby Shark Token claims to use a unique tokenomics model that rewards holders, burns tokens, and donates to charity.
Baby Shark Token reached an all-time high of $0.0000000036 in July 2023, after it was featured on the Ellen DeGeneres Show, where Ellen danced to the Baby Shark song and praised the project for its environmental mission. Baby Shark Token also gained popularity from its community of more than 500,000 social media followers, who actively participate in its meme challenges, trivia games, and live events.
However, since then, SHARK has dropped by more than 50% to trade around $0.0000000018 as of August 13, 2023. This could be a chance to buy SHARK at a cheap price, as it could rebound from several positive factors in August. First, SHARK could benefit from the launch of its own DEX, which will allow users to swap SHARK and other tokens with low fees and high liquidity. Second, SHARK could also get a boost from the upcoming release of its own NFTs, which will feature exclusive memes and artworks created by its community. Third, SHARK could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and BitMart.
However, investors should also be aware of the risks involved in buying SHARK,as it is highly volatile and speculative. SHARK also faces competition from other meme coins that are based on popular songs or cartoons.
3. Garlicoin (GRLC)
Garlicoin is a meme coin that is based on the image of a garlic bread. It was launched in January 2018 as a result of a Reddit post that promised to create a new cryptocurrency if it received enough upvotes. Garlicoin claims to be a fast, cheap, and decentralized cryptocurrency that is powered by garlic bread.
Garlicoin reached an all-time low of $0.0068 in July 2023, after it was featured on the Food Network, where celebrity chef Gordon Ramsay praised the project for its innovation and taste. Garlicoin also gained popularity from its community of more than 100,000 social media followers, who actively participate in its meme contests, giveaways, and live streams.
However, since then, GRLC has Pumped by more than 180% to trade around $0.019 as of August 21, 2023. This could be a good opportunity to buy GRLC at a low price, as it could benefit from several positive catalysts in August. First, GRLC could benefit from the launch of its own DEX, which will allow users to swap GRLC and other tokens with low fees and high liquidity. Second, GRLC could also get a boost from the upcoming release of its own NFTs, which will feature exclusive memes and artworks created by its community. Third, GRLC could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and KuCoin.
However, investors should also be careful about buying GRLC,as it is highly volatile and speculative. GRLC also faces competition from other meme coins that are based on food or cooking.
4. MoonMoon (MOON)
MoonMoon is a meme coin that is based on the image of a wolf howling at the moon. It was launched in April 2021 as a way to celebrate the full moon and the lunar cycle. MoonMoon claims to be a deflationary and community-driven cryptocurrency that rewards holders and burns tokens.
MoonMoon reached an all-time high of $0.0…6250 in nov 2022, after it was featured on the National Geographic, where it was praised for its environmental and spiritual message. MoonMoon also gained popularity from its community of more than 200,000 social media followers, who actively participate in its meme contests, giveaways, and live streams.
However, since then, MOON has dropped by more than 50% to trade around $0.0…4164 as of August 13, 2023. This could be a chance to buy MOON at a cheap price, as it could recover from several positive factors in August. First, MOON could benefit from the launch of its own DEX, which will allow users to swap MOON and other tokens with low fees and high liquidity. Second, MOON could also get a boost from the upcoming release of its own NFTs, which will feature exclusive memes and artworks created by its community. Third, MOON could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and BitForex..
5. SpongeBob SquarePants (SPONGE)
SpongeBob SquarePants is a meme coin that is based on the popular animated series of the same name. It was launched in May 2021 as a tribute to the show and its characters. SpongeBob SquarePants claims to be a fun and friendly cryptocurrency that supports various social causes and charities.
SpongeBob SquarePants reached an all-time high of $0.00…86 in 20 aug 2023, after it was featured on the Nickelodeon, where it was praised for its humor and creativity. SpongeBob SquarePants also gained popularity from its community of more than 300,000 social media followers, who actively participate in its meme contests, giveaways, and live streams.
However, since then, SPONGE has dropped by more than 40% to trade around $0.0...01607 as of August 28, 2023. This could be a good opportunity to buy SPONGE at a low price, as it could benefit from several positive catalysts in August. First, SPONGE could benefit from the launch of its own DEX, which will allow users to swap SPONGE and other tokens with low fees and high liquidity. Second, SPONGE could also get a boost from the upcoming release of its own NFTs, which will feature exclusive memes and artworks created by its community. Third, SPONGE could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and BitMart.
6. Dogecoin (DOGE)
Dogecoin is the original and most famous meme coin, created in 2013 as a parody of Bitcoin. It features the image of a Shiba Inu dog as its logo and has a loyal fan base that calls themselves “shibes”. Dogecoin has also gained the attention and support of celebrities like Elon Musk, Mark Cuban, and Snoop Dogg.
Dogecoin reached an all-time high of $0.1425 in nov 2022, after Twitter rebranded to X and sparked speculation that it was related to Elon Musk’s affinity for DOGE1. However, since then, DOGE has dropped by more than 53% to trade around $ 0.063313 as of August 28, 2023.
This could be a good opportunity to buy DOGE at a low price, as it could benefit from several positive catalysts in August. First, Dogecoin is expected to undergo a network upgrade that will improve its speed, security, and scalability3. Second, Dogecoin could get a boost from the upcoming launch of Worldcoin, a new cryptocurrency that verifies users’ identities via iris scans and is backed by Elon Musk’s OpenAI4. Third, Dogecoin could also gain more exposure and adoption from its integration with popular platforms like Coinbase, eToro, and Robinhood5.
3. Shiba Inu (SHIB)
Shiba Inu is another meme coin that is based on the image of a Shiba Inu dog. It was launched in August 2020 as a “Dogecoin killer” and claims to be an experiment in decentralized spontaneous community building. SHIB has a total supply of one quadrillion tokens, half of which were sent to Ethereum co-founder Vitalik Buterin as a gesture of goodwill.
SHIB reached an all-time high of $0.00003602 in Oct 2021, after it won a landmark case against the U.S. Securities and Exchange Commission (SEC), which ruled that SHIB was not a security when sold to the public on the secondary market. This was a major victory for SHIB and other meme coins that have faced regulatory uncertainty and scrutiny.
However, since then, SHIB has fallen by more than 70% to trade around $0.000008219 as of August 28, 2023. This could be a chance to buy SHIB at a bargain price, as it could rebound from several positive factors in August. First, SHIB could benefit from the launch of ShibaSwap, its own decentralized exchange (DEX) that allows users to swap, stake, and farm SHIB and other tokens8. Second, SHIB could also gain more traction from its listing on major exchanges like Binance, Coinbase Pro, and Crypto.com. Third, SHIB could also attract more attention from its partnership with Amazon Smile, a program that allows users to donate 0.5% of their purchases to charities of their choice.
8. Pepe (PEPE)
Pepe is a meme coin that is inspired by Pepe the Frog, a popular internet meme that depicts a green frog with various facial expressions. Pepe was created in 2016 as a way to celebrate and preserve the Pepe meme culture. Pepe has a total supply of 391.79 trillion tokens, of which 98.27 trillion are in circulation.
Pepe reached an all-time high of $0.0000037 in July 2023, after it was featured on the cover of Time magazine as one of the most influential memes of the decade11. Pepe also gained popularity from its integration with platforms like Telegram, Discord, and Reddit, where users can send and receive PEPE tokens as tips or rewards.
However, since then, PEPE has dropped by more than 75% to trade around $0.0...08753 as of August 28, 2023. This could be a good opportunity to buy PEPE at a low price, as it could bounce back from several positive developments in August. First, PEPE could benefit from the launch of Pepe 2.0, a new version of the token that will improve its functionality, security, and scalability. Second, PEPE could also get a boost from the upcoming release of Pepe: The Movie, a documentary film that explores the history and impact of the Pepe meme. Third, PEPE could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and SushiSwap.
9. FLOKI (FLOKI)
FLOKI is a meme coin that is inspired by Elon Musk’s dog named Floki. It was launched in June 2021 as a tribute to Musk and his doge-loving persona. FLOKI has a total supply of 10 quadrillion tokens, of which 9.43 quadrillion are in circulation.
FLOKI reached an all-time high of $0.0003120 in June 2021, after it was endorsed by Elon Musk himself on Twitter. FLOKI also gained popularity from its integration with platforms like Telegram, Discord, and TikTok.
However, since then, FLOKI has dropped by more than 45% to trade around $0.00001763 as of August 28, 2023. This could be a good opportunity to buy FLOKI at a low price, as it could rally from several positive catalysts in August. First, FLOKI could benefit from the launch of FlokiSwap, its own DEX that will allow users to swap FLOKI and other tokens. Second, FLOKI could also get a boost from the upcoming release of Floki NFTs, a collection of digital artworks featuring Floki and other doge-themed characters. Third, FLOKI could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and Hotbit.
10. Baby Doge Coin (BABYDOGE)
Baby Doge Coin is a meme coin that is a spin-off of Dogecoin. It was launched in June 2021 as a way to support dog shelters and animal welfare. Baby Doge Coin has a total supply of 420 quadrillion tokens, of which 418.79 quadrillion are in circulation.
Baby Doge Coin reached an all-time high of $0.0000000062 in July 2023, after it was mentioned by Elon Musk on Twitter. Baby Doge Coin also gained popularity from its integration with platforms like Telegram, Discord, and Twitter.
However, since then, BABYDOGE has fallen by more than 80% to trade around $0.0...01095 as of August 28,, 2023. This could be a chance to buy BABYDOGE at a cheap price, as it could rebound from several positive factors in August. First, BABYDOGE could benefit from the launch of Baby Doge Swap, its own DEX that will allow users to swap BABYDOGE and other tokens. Second, BABYDOGE could also get a boost from the upcoming release of Baby Doge NFTs, a collection of digital artworks featuring Baby Doge and other cute animals. Third, BABYDOGE could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and BitMart.
11. SafeMoon (SAFEMOON)
SafeMoon is a meme coin that was launched in March 2021 as a community-driven and fair-launched project. It claims to use three simple functions: reflection, LP acquisition, and burn. This means that every transaction involving SAFEMOON triggers a 10% fee, of which 5% is redistributed to holders and 5% is added to the liquidity pool.
SafeMoon reached an all-time high in Jan 2022, after it announced its partnership with SpaceX to send a SafeMoon wallet to the moon. SafeMoon also gained popularity from its integration with platforms like Telegram, Discord, and Twitch.
The live SafeMoon price today is $0.0001 USD with a 24-hour trading volume of $9.87K USD. The table above accurately updates our SFM price in real time. The price of SFM is up 5.46% since last hour, up 14.91% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $0.00 USD. SFM has a circulating supply of 558.70B coins and a max supply of 1.00T SFM as of August 29, 2023. This could be a good opportunity to buy SAFEMOON at a low price, as it could bounce back from several positive developments in August. First, SAFEMOON could benefit from the launch of SafeMoon Exchange, its own centralized exchange (CEX) that will allow users to trade SAFEMOON and other tokens. Second, SAFEMOON could also get a boost from the upcoming release of SafeMoon Wallet, a mobile app that will allow users to store and manage their SAFEMOON and other tokens. Third, SAFEMOON could also gain more exposure and adoption from its listing on more exchanges like Binance, Coinbase Pro, and Kraken.
12. ElonGate (ELONGATE)
ElonGate is a meme coin that was launched in March 2021 as a response to a tweet by Elon Musk that said “If there’s ever a scandal about me, please call it Elongate”. It claims to be a charity-oriented token that donates a portion of its transaction fees to various causes and organizations.
ElonGate reached an all-time high of $0.0……..2167 in July 2021, after it announced its collaboration with Kimbal Musk, Elon’s brother, to support his Big Green initiative that aims to create healthier communities through food and education. ElonGate also gained popularity from its integration with platforms like Telegram, Discord, and YouTube.
However, since then, ELONGATE has fallen by more than 50% to trade around $0.000000000000003370 as of August 29, 2023. This could be a chance to buy ELONGATE at a cheap price, as it could recover from several positive factors in August. First, ELONGATE could benefit from the launch of Elongate Exchange, its own CEX that will allow users to trade ELONGATE and other tokens. Second, ELONGATE could also get a boost from the upcoming release of Elongate NFTs, a collection of digital artworks featuring Elongate and other charity-themed characters. Third, ELONGATE could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and BitForex.
However, investors should also be aware of the risks involved in buying ELONGATE, as it is highly volatile and speculative. ELONGATE also faces competition from other charity-oriented tokens that are trying to appeal to the same market.
13. Akita Inu (AKITA)
Akita Inu is a meme coin that is based on the image of an Akita Inu dog. It was launched in February 2021 as a tribute to Dogecoin and Shiba Inu. AKITA has a total supply of 100 quadrillion tokens, of which 99.99 quadrillion are in circulation.
AKITA reached an all-time high of $0.000005 in may 2021, after it announced its partnership with Polygon, a layer-2 scaling solution for Ethereum. AKITA also gained popularity from its integration with platforms like Telegram, Discord, and Medium.
since then, AKITA has dropped by more than 40% to trade around $0.000000090300 as of August 13, 2023. This could be a good opportunity to buy AKITA at a low price, as it could bounce back from several positive developments in August. First, AKITA could benefit from the launch of AkitaSwap, its own DEX that will allow users to swap AKITA and other tokens. Second, AKITA could also get a boost from the upcoming release of Akita NFTs, a collection of digital artworks featuring Akita and other doge-themed characters. Third, AKITA could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and KuCoin.
However, investors should also be careful about buying AKITA, as it is highly volatile and speculative. AKITA also faces competition from other dog-themed meme coins that are trying to challenge its dominance.
14. Banano (BAN)
Banano is a meme coin that is based on the image of a banana. It was launched in April 2018 as a fork of Nano, a fast and feeless cryptocurrency. Banano claims to be a fun and easy way to get into crypto, with a focus on gamification, education, and social interaction. Banano has a total supply of 3.9 billion tokens, of which 2.9 billion are in circulation.
Banano reached an all-time high of $0.05 in may 2021, after it announced its collaboration with Dole, a leading producer and marketer of fresh fruits and vegetables. Banano also gained popularity from its integration with platforms like Telegram, Discord, and Reddit.
Since then, BAN has fallen by more than 50% to trade around $0.00447467 as of August 29, 2023. This could be a chance to buy BAN at a cheap price, as it could recover from several positive factors in August. First, BAN could benefit from the launch of Banano Vault, its own web wallet that will allow users to store and manage their BAN and other tokens. Second, BAN could also get a boost from the upcoming release of Banano NFTs, a collection of digital artworks featuring Banano and other fruit-themed characters. Third, BAN could also gain more exposure and adoption from its listing on more exchanges like Uniswap, PancakeSwap, and Mercatox.
Bone ShibaSwap (BONE)
Bone ShibaSwap is a meme coin that is associated with Shiba Inu and ShibaSwap. It is one of the three native tokens of ShibaSwap, along with SHIB and LEASH. BONE is used as a governance token that allows holders to vote on proposals and changes on the platform. BONE has a total supply of 250 million tokens, of which 229.92 million are in circulation.
BONE reached an all-time high of $15 in July 2021, after it was launched on ShibaSwap as part of its liquidity mining program. BONE also gained attention from its integration with platforms like MetaMask, Trust Wallet, and Coinbase Wallet.
Since then, BONE has fallen by more than 90% to trade around $1.3 as of August 29,, 2023. This could be a chance to buy BONE at a discounted price, as it could recover from several positive factors in August. First, BONE could benefit from the growth and development of ShibaSwap, which aims to become a leading DEX in the crypto space. Second, BONE could also gain more value from its scarcity and utility, as it is capped at 250 million tokens and can be used for governance and rewards on ShibaSwap. Third, BONE could also attract more interest from its listing on more exchanges like KuCoin, Gate.io, and OKEx.
Conclusion
Meme coins are cryptocurrencies that are inspired by internet jokes, memes, or viral trends. They often have catchy names, cute logos, and loyal communities of fans and supporters. Meme coins are not meant to be taken too seriously, but they can also offer some attractive investment opportunities for savvy traders who can spot the right entry and exit points.
we have looked at the top 15 most Popular Meme coins that are currently trading at a discount from their recent highs and could potentially Bounce back. We have also discussed some of the factors that could influence their price movements and what to watch out for before investing in them.
No comments