LAGOS (CoinChapter.com) – Undoubtedly, meme coins are one of the best things to have happened to the cryptocurrency industry.
Meme coins over the years continue to gain more adoption in different sectors.
Earlier on Friday, Elon Musk, the chief executive of SpaceX and Tesla, announced that DOGE coins could purchase their holders Tesla merchandise. Other companies like AMC Theatres, Guaranty Escrow, EasyDNS, and others now accept meme coin payment for their services.
This category of coins, apart from spicing up the space with a lot of fun, meme coins have also surged unprecedentedly, making investors rake in a lot of money, especially Shiba Inu. SHIB made 2021 unforgettable for many investors turning them into overnight millionaires.
SHIB has also made tons of potential investors browse the internet all over in search of similar meme coins that could make them overnight millionaires.
Five meme coins to invest in 2022 as they could eventually be the next big performer
1 Dogecoin (DOGE)
Unarguably, Dogecoin is the most popular meme coin. Dogecoin remains the number one meme coin any potential investor should be ready to stake on, especially as the coin still has the backing of Elon Musk.
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 prospects of DOGE cannot be exhausted as many enthusiasts and analysts still expect it to hit $1 in the near future while it trades at $0.188.
DOGE’s All-Time-High price sit at $0.73 since May 2021. It is ripe for another bull run that could see it tank at $1, where many expect it to hit soon.
2 Shiba Inu (SHIB)
Shiba Inu Coin has made remarkable gains seeing it find its way to the top ten cryptocurrencies. SHIB stands as one of the top meme tokens for profitable investment with its price performance. This was seen in 2021, a year it made over 40,000% price surge.
It has competitively raced with Dogecoin to emerge as ‘the most searched cryptocurrency for 2021.’
SHIB, currently trading at $0.000031, is -63% away from its ATH price of$0.0000861 since October 2021. With a new year at hand for SHIB and possibly renewed energy from the SHIB army, who knows how they intend to get their coin bigger than DOGE, the only meme coin bigger than it.
3 Floki Inu (FLOKI)
Floki combines humor and the goal of providing real-world solutions. This explains why the value and price of the coin surged quickly, hitting a one billion market cap within a year after creation.
Floki Inu opened the year, trading at $0.0001. Cryptopredictions’ Floki Inu forecasts predict that prices will average $0.000149 during the month and by the end of the year, it would be trading around $0.000272.
Currently, Floki has a market capitalization of about $700 million. Low market capitalization indicates there is great room for value increase. The leading meme coins Shiba Inu and Dogecoin have a market cap of $16 billion and $20 billion, respectively. The relatively small market app makes the digital coin susceptible to huge price fluctuations.
It is currently -78% away from its ATH, which it hit in November 2021.
4 Safemoon (SAFEMOON)
Supermoon crypto coin had an unforgettable 2021. It surged like a rocket ‘To the Moon’ and then collapsed 90% afterward. It depreciated because core team members reportedly abandoned the project one after another.
However, Safemoon is still one of the highly potent cryptocurrencies this year, especially as it started the year riding to a new ATH at $0.00037.
Recently, SafeMoon CEO John Karony tweeted that the company is preparing to start a new project called Operation Phoenix in the Gambia. Operation Phoenix is about connecting windmills with IoT (cell towers) throughout The Gambia, giving people without access to internet access finally.
Safe moon also recently revealed many other upgrades, which might place Safemoon among the next top currencies. With the success of its ecosystem.
5 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.
ELON caught the mainstream eye after it made significant donations to NASA helping support space rotation research.
Th coin is seen mainly as an emerging rival to Shiba Inu owing to their similar tokenomics. In addition that both projects make significant donations to charities and organizations worldwide as they help make the world a better place.
