Top 10 Next Meme Coins To Explode In 2023: How To Find Them?

What Is A Meme Coin?

Memes are viral Internet jokes loved by the younger generation. Meme coins are cryptocurrencies inspired by comical or animated memes and therefore have lots of fans and followers.

The feature that differentiates a meme coin from other cryptocurrencies is that meme coins are aimed to be community-based coins, which explains why they are based on a meme.

Generally, meme coins are considered riskier investments with lesser value and more prone to be dumped compared to other crypto projects with solid bases. Next we talk about top 10 next meme coins to explode in 2023.

Factors Affecting The Crypto Price

Various factors affect prices in the crypto market, but the main two are supply and demand, i.e., increased demand and low supply can surge the coin’s price. In simple terms, demand means how many are willing to buy the cryptocurrency, and supply means how many coins are available.

• Regulation,
• Political changes,
• Influencer activities,
• Economic decisions,
• Use cases of the coins/ tokens, and
• Each project’s internal issues

are among the factors that affect cryptocurrency prices.

Read more: What Is the Next Cryptocurrency to Explode in 2023?

How To Find The Next Meme Coins To Explode Early?

Even if you see yourself as a pro gem hunter, things get blurry and super risky when it comes to spotting the best meme coins. Unfortunately, many meme coins are among the crypto scam projects, so it’s a must to gather the correct information and make safe investment decisions.

Before concentrating on meme coins, take a look at this guideline and learn how to spot a hot cryptocurrency before it pumps, and then head to ways of spotting the next meme coins to explode.

Risk Management

As too many meme coins turn out to be scams, it’s essential to educate ourselves about Rug Pulls and their signs. Learn about cryptocurrency scams and ways to avoid them.

Vision and Focus

The meme coin project must have a solid team behind it with a clear long-term vision. The projects with long-term focus are the ones worth investing in.

Technology and Roadmap

The technology used in developing the meme coin and the roadmap the team has planned for the project is directly related to the project’s authenticity.

Token Distribution

If the larger portion of the tokens is held by the development team or one holder, you can consider it a red flag. As they can dump their allocation, and your investment is dead.

Liquidity Pool

Before investing in a meme coin, you need to determine who owns the liquidity pool. If the team puts the token in a DEX but owns the liquidity pool, they’ll have the power to remove others from the pool. Too much power for the team, too low for others! In a normal meme coin project, the burn address holds most of the liquidity pool.

Transaction Fee

High transaction fees and lack of transparency are two critical red flags.

Community

Is the meme coin project planned to build a community, and does it care for the community members? You can find it out using the popularity charts and the social media activity of the project.

Team

You need to do some R&D about the developers, founder, and, generally, the team behind the project to ask questions like: Have they delivered what they promised? Do they have a background in tech and related fields? What are their plans for the future?

Token Potential

You need to find out if the meme coin of your interest is only cute or has real potential for growth. The roadmap and the services the project has already delivered will help you find this out.

Read more: 10 Best Coins to Stake in 2023 with The Highest Staking Rewards

Top 10 Next Meme Coins To Explode In 2023

Here is the one and only list of the top 10 next meme coins to explode in 2023, which includes Dogecoin (DOGE), Shiba Inu (SHIB), Dogelon Mars (ELON), Samotedcoin (SAMO), Doge Killer (LEASH), Floki (FLOKI), Baby Doge Coin (BABYDOGE), CateCoin (CATE), Tamadoge (TAMA), and Kishu Inu (KISHU). Let’s get to know each one below.

01: Dogecoin (DOGE)

The following chart depicts essential information about Dogecoin.

02: Shiba Inu (SHIB)

The following chart depicts essential information about Shiba Inu.

03: Dogelon Mars (ELON)

 The following chart depicts essential information about Dogelon Mars.

04: Samoyedcoin (SAMO)

The following chart depicts essential information about Samoyedcoin.

05: Doge Killer (LEASH)

The following chart depicts essential information about Doge Killer.

06: FLOKI (FLOKI)

The following chart depicts essential information about FLOKI.

07: Baby Doge Coin (BABYDOGE)

The following chart depicts essential information about Baby Doge Coin.

08: CateCoin (CATE)

The following chart depicts essential information about CateCoin.

09: Tamadoge (TAMA)

The following chart depicts essential information about Tamadoge.

10: Kishu Inu (KISHU)

The following chart depicts essential information about Kishu Inu.

Which One Is The Best?

Scrutinising the charts above and analysing your investment priorities will help you decide which meme coin is the best for you. It’s no secret that there is no certain and unique way for investing, especially in a volatile market like crypto.

Before choosing any coin, make sure you evaluate all the options, you own financial status, and risk-management strategies to avoid any loss.

Summary

This article was an attempt to draw a clear picture of the top 10 next meme coins to explode in 2023. It’s needless to say that an increasing number of meme coins are getting developed in the market and choosing the ones suiting your preferences and priorities is a must.

Also, Cryptologist offers detailed articles, financial charts, and visuals about all the above projects plus the top 1500 coin in the crypto market.

FAQ

The following part is where you can find answers to the most frequently asked questions about the top 10 next meme coins to explode in 2023.

Which Meme Coin Is Best for Future?

All the above-mentioned meme coins can be good investment opportunities if you weigh your options carefully and have high risk tolerance.

Which Coin Can Go 100x?

It’s sad but true that speaking of 100x growth in the current bear market is next to impossible. However, the above-mentioned meme coins can be among the best future investments if we experience a powerful bull run in the coming years.