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Meme Coin Frenzy: Top 5 Meme Coins The original meme coin, Dogecoin, was created just for fun. Now, along with other meme coins like DOGE, it has transformed into a multi-billion dollar project, turning savvy investors into millionaires! And the recent addition, Pepe? The froggy-faced meme coin hopped up a jaw-dropping 7,000% in just three weeks after its launch, reaching a market cap of $577M faster than you can say "ribbit!" And who can forget Shiba Inu? This pup-tastic token skyrocketed to fame, thanks in part to Elon Musk's tweets. Just imagine turning a $1K investment in SHIB tokens into a whopping SWB:22M in 2023. Cue the doge face. Ready to dive into the wild world of meme coins? Join us as we unveil the top 5 meme coins you should keep an eye on. Buckle up, it's going to be a meme-tastic ride! FLOKI Floki touts itself as the people's cryptocurrency,' striving to close the gap in the crypto world by raising awareness about blockchain tech and digital tokens. With memes as its muse, the platform has crafted its very own crypto, FLOKI (Pic. 1). But that's not all — Floki is also cooking up three utility projects: Valhalla, FlokiPlaces, and FlokiFi. Valhalla is a play-to-earn NFT gaming metaverse, while FlokiPlaces lets you snag real-world goodies using crypto (Floki tokens, to be precise). Despite jigsaw volatility, FLOKI appears to be going strong FlokiFi represents a collection of decentralized finance offerings set to launch under the Floki umbrella. One such product, FlokiFi Locker, stands out as a cutting-edge protocol for safeguarding digital assets. With just a few clicks, users can securely lock Liquidity Pool (LP) tokens, NFTs, fungible tokens, and ERC-1155 tokens. With true utility backing FLOKI tokens, it's no wonder they're among the top meme coins to buy in 2023. You can find FLOKI on both Ethereum and Binance Smart Chain, so jump on this jest-turned-juggernaut. PEPE Pepe coin, a ribbit-ing Ethereum-based meme currency, hopped onto the scene, inspired by the internet's legendary green frog meme, PEPE. The tale of PEPE began when Matt Furie, working in a junk shop in San Francisco, started painting frogs for kicks. He named his amphibious creation PEPE and published a small comic series called Playtime. Later, Furie leaped into success with another comic series, Boys Club, starring none other than PEPE the Frog and his quirky animal pals. The comics went wild on MySpace, especially the image of PEPE Frog with the phrase "Feels Good Man" – it spread faster than a frog on a lily pad! Over time, PEPE the Frog meme evolved to include a whole pond of emotions, like "Sad Frog," "Smug Frog," "Angry Pepe," and more. PEPE even croaked its way into Trump's 2016 campaign as a symbol, with Trump sharing an image of himself as Pepe. In the crypto swamp, PEPE has been a mainstay on discussion forums and even as blockchain-based NFTs. Enter the PEPE coin, AKA Feels Good Man (FGM), centered around this iconic meme. PEPE coin's website states that the token has no inherent value or expectation of financial return – it's just here for a hoppy good time. As an ERC-20 token on the Ethereum network, PEPE has a circulating supply of 420.69 billion, with no maximum supply specified. These are my latest results of trading Pepe with Bitsgap Bots. I traded a bullish pattern by using the DCA BOT. It turned out pretty good, when you know the trend, it becomes even easier, and the bots help to automate it all. Dogelon Mars Dogelon Mars blasted off in 2021 as yet another meme-inspired cryptocurrency. The brains behind this cosmic project aimed for a fair and transparent market entry, so they didn't reserve any ELON (Pic. 3) tokens for themselves. Instead, they rocketed about half of the total supply to Ethereum co-founder Vitalik Buterin, who then generously donated it to the Methuselah Foundation. ELON is showing strong signs of recovery after a protracted bearish slump. The other half of Dogelon Mars tokens were beamed into a liquidity pool on Uniswap via an ELON/ETH pair. The team then incinerated the liquidity provider tokens they received, proving that this project isn't a rug pull from another galaxy. Moreover, the founders urged the Dogelon Mars community to donate their ELON tokens to scam victims. Talk about interstellar benevolence! The team has also revealed plans to expand the Dogelon Mars universe by launching an NFT collection and a new governance token. These cosmic initiatives have helped Dogelon Mars amass significant community support in the crypto market, which could potentially send the price of this meme coin skyrocketing in the future. Volt Inu Volt Inu, the zappy pup of the crypto world, is one coin experts say could skyrocket by 100x in 2023! This electrifying project is bursting with blockchain-powered services and functions that make it stand out from the pack. Volt Inu is a hyper-deflationary token that shrinks its circulating supply with time and raises capital by investing in a mishmash of marketable assets (think NFTs, nodes, cryptos, staking, and stablecoin farming). Recently, VOLT seems to be rocketing into space. Volt Inu's popularity is soaring, with a one-of-a-kind DEX, VoltiChange, allowing projects to list and burn supply without approval. Add in VoltiGames, a play-to-earn racing game connected to Volt Inu's NFT ecosystem, and you've got a recipe for meme coin magic. Don't forget the 10,000 3D NFT Dragons from Volted Dragons Sailors Club, VoltiFlex's deflationary DEX with global staking, and VoltiEco's DeFi system for airdrops. With the VoltiCard, you can even pay in style using a gold, metal, or virtual card! New projects like JotaroToken and ClowncoinBSC have hopped on the VoltiChange bandwagon, and Volt Inu hosted its first-ever VDSC competition in the VoltIslands. With a beta release coming soon, this pup's future looks shockingly bright! Wojak The WOJAK token (Pic. 5), born from the legendary Wojak meme, has been making waves in the meme coin ocean. Here’s your WOJAK’s volatility to potentially capitalise on Built on the Ethereum blockchain, this ERC-20 token popped into existence on April 17th, 2023, and has been on a wild ride ever since. The project's website embraces its meme-coin identity, cheekily admitting that hype is the name of the game. Much like other meme coins, the Wojak crypto team is shrouded in mystery. But one thing's clear: they've got a vision. They cherish and respect their community, knowing that their business ambitions hinge on fans' support. While the future is as unpredictable as the next meme craze, their devotion to the community could help the Wojak crypto project laugh all the way to the moon! Bottom Line: Laughing to the Lambo Meme coins can be a rollercoaster ride, bringing both big gains and stomach-churning risks. So, when thinking of jumping on the meme coin bandwagon, investors should first ponder their financial goals and risk appetite. Thanks for your time, folks. Tomorrow, I'll share with you my experience using the bots in trading and provide insights on how to effectively utilize them. Until then, take care and may your trades be to the moon! Have a nice trading!
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by Ingwina