It’s been a turbulent few weeks in the meme coin market, with coins like Pepe, Wojak, and MIlady seeing huge price pumps before crashing, with most of these and similar tokens currently on a downturn.
However, meme coin season certainly isn’t over, with other tokens still showing strong growth. Here are 5 of the most promising meme coins to watch right now.
Copium (COPIUM)
COPIUM is a brand new straight-to-DEX meme coin that has just launched on Uniswap and has already seen huge interest in the community.
The token has attracted more than $40 million in trading volume in less than 24 hours since it was made available and is currently 400% up over its launch price, as shown on Dextools.
COPIUM has also seen major players and whales from Web3 declare their interest in the project. FaZe Banks, a popular YouTuber and one of the founders of FaZe Clan, told his 3 million Instagram follwers that having sold his initial stake, he is now all in on the project.
Copium has also drawn interest because of its robust tokenomics, hyped invite-only presale, and NFT drop – as well as its fair launch that allowed those who missed the presale to avoid being dumped on.
Presale investors only had 10% of their tokens immediately released to them, with the remaining 90% released linearly over the next three weeks. The presale sold 30% of the small 1 billion supply, and the developers only kept a meme-worthy 0.69% for themselves – avoiding any talk of a rug pull.
The NFT collection has not yet been revealed but has already attracted 30 ETH of volume on OpenSea, with the majority of those who were airdropped holding until after reveal.
With huge volume and community interest, major exchange listings are expected in the very near future, which should see the price soar even further.
AiDoge (AI)
AiDoge (AI) best captures two of the hottest investment trends of the year – artificial intelligence and memes.
The token, which is still in its presale stage, has already raised more than $9.5 million from interest buyers in just over three weeks. Unlike other coins, AI isn’t only speculative but offers actual utility by powering the AiDoge platform.
Specifically, AI lets holders purchase credits from the AiDoge meme generation platform to generate viral memes. The platform does this using a combination of powerful artificial intelligence, machine learning, and a dataset of images and crypto-related news. When users provide a text-based prompt, the platform will automatically generate a meme based on the prompt.
Over time the AI also learns which memes have more success of going viral and applies that knowledge to its future creations, while users are able to earn AI tokens as a reward for the best creations, with other users upvoting and downvoting them.
Holders can also choose to stake their AI tokens to earn credits gradually over time rather than redeeming them outright. Done en masse, staking can encourage a lockup of AI that helps pump its price over time.
AI can currently be bought for $0.0000312, but its cost is going up fast. The token will ultimately be listed for $0.0000336 and is expected to see huge interest when it reaches the wider market.
Love Hate Inu (LHINU)
The next meme coin on our list is Love Hate Inu (LHINU), the native token of a new vote-to-earn cryptocurrency platform. By staking LHINU, the native token, users can access voting rights on online meme polls.
The platform rewards users each time they take part on the meme polls by distributing free LHINU tokens. One can also access the ecosystem’s vote submission platform to submit poll ideas and host their own polls.
Before voting on the platform, users will be required to stake tokens for a minimum of 30 days. Love Hate Inu also uses a real-time staking mechanism to prevent any fraud in the voting process and keep the user’s funds safe.
LHINU recently completed its cryptocurrency presale and managed to raise more than $10 million. From a total supply of 100 billion, 90 billion tokens were allocated for the presale round.
On May 19th, LHINU conducted its initial exchange offering on OKX and Huobi exchange. After listing at $0.000145 per token, the price has soared to $0.000276 per token. This equates to a price jump of more than 90%, with some crypto analysts backing it to 10x.
Generational Wealth (GEN)
Generational Wealth (GEN) has been one of the top performing coins in the whole space since its launch on May 15 and is currently up more than 600%.
However, that price follows a big dip, with GEN having been up as much as 1,500% from its initial price – which could mean a good time to buy if the project gains momentum again.
The project is based on the popular ‘Chad’ meme and, unlike some other meme coin projects, does have a roadmap and some plans for the future.
The website claims that, along with merchandise and rewards for meme creators, it will launch an exchange, host events for the community, and also mentions a gym – although further details are unclear.
The project has quickly risen to a market cap of more than $12 million and with volume over $30 million, which has continued to increase in the last couple of days.
It is also already listed on centralized exchanges such as LBank and BitForex and is believed to be working on more for the coming days and weeks.
MongCoin (MONG)
For its relatively small market cap, MongCoin (MONG)’s trading volume is incredibly high, generating $51 million in the last 24 hours, according to CoinMarketCap.
That trails only Dogecoin, Pepe and Shiba Inu – the three top meme coins in the space by market cap.
Its price has been surging but, in the last couple of days, has dipped, meaning it could be a good opportunity to buy in. It is currently up 64% in seven days but is down more than 28% in the last 24 hours.
MongCoin launched in late April 2023, taking off as one of many memecoin alongside Pepe, Wojak, and others. It’s technically a spinoff of Mongoose Coin, which was coined after the incoherent ramblings of crypto skeptic and congressman Brad Sherman in December 2021.
Sherman has taken a front seat during congressional hearings lately to discuss the vices of crypto. Some clips of his have been making the rounds on crypto Twitter, where he criticizes “billionaire crypto bros” for printing their own money and defends the Federal Reserve’s right to do the same.
Having become something of a popular meme himself, there’s a good chance that memes around Sherman – and MongCoin – aren’t quite dead yet. If more make the rounds, they might prompt another rally for this token and others like it!
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