The coin meme They are characterized by their great volatility. They can go down as fast as they go up, meaning any savvy investor who buys during market lows can make big profits during a bull market.
Discover the four meme coins with higher performance during bear market and its promising growth potential under more favorable market conditions.
What are the best meme coins for 2023?
Crypto markets may be preparing for a long-term trend reversal, and the meme coin market appears ready to monetize it. There are a lot of underrated meme coins on Web3 right now. All of the projects on this list are creating exciting applications for the crypto community to enjoy.
These are the four most promising meme coins in October 2023 (and the ones that could appreciate the most!):
1. Shiba Memu (SHMU) – A meme coin with AI-powered marketing
2. Floki Inu (FLOKI) – Community based on meme coins
3. Shiba Inu (SHIB) – A growing ecosystem of meme coins
4. Dogecoin (DOGE) – The original coin meme
1. Shiba Memu (SHMU) – A meme coin with AI-powered marketing
It is expected that Shiba Memu be one of the best meme coins on the market following its launch on digital asset exchanges at the end of the year. Although it is a new meme coin on Web3, its potential is enormous. In addition, the token is equipped with a AI marketing that could help you expand your influence in the digital sphere.
Shiba Memu combines cutting-edge AI technologies with the most effective marketing campaigns in recent years and will promote the native SHMU token on crypto forums and social networks. For now, SHMU is available during the pre-sale at a discounted price, and has raised over $3.5m during its pre-sale. SHMU looks ready to soar.
The Shiba Memu pre-sale includes a unique price surge mechanism that will increase the value of SHMU every day. Early investors in Shiba Memu will be able to triple their investment. Afterwards, SHMU will be listed on the Bitmart exchange and its price could rise even more.
The AI marketing protocol being developed by Shiba Memu combines the natural language processing (NLP) with machine learning, allowing SHMU to analyze investor sentiment levels and create its own PR, social media posts and much more. The way SHMU will automatically promote itself on online forums could help it gain widespread popularity online, and machine learning will help the protocol become more and more powerful over time.
You can find more information, including how to purchase SHMU, here
2. Floki Inu (FLOKI) – Community based on meme coins
Floki Inu was released in 2021 and quickly became one of the main meme coins of the cryptosphere. The project is completely driven by its community to become one of the most accessible and fun decentralized communities that can be found anywhere on the blockchain.
In addition to providing a financial system with low barriers to entry, the Floki Inu ecosystem also hosts a Web3 educational platform known as Floki Inuversity. FLOKI has become title sponsor of several world-leading sports teams, such as Napoli SCC, Alfa Romeo Formula One and Sauber Motorsport.
With a strong global presence and an attractive set of decentralized services, FLOKI looks set to continue its Web3 journey with a positive bull run. The token could grow from the current price level in the coming months and years, as it seeks to regain much of the value lost during the bear market.
3. Shiba Inu (SHIB) – A growing ecosystem of meme coins
Shiba Inu was created as an ERC-20 token on the Ethereum blockchain, with half of the total supply sent to Vitalik Buterin when it was first launched. This unveiled SHIB and the price of the native token quickly skyrocketed to sky-high levels. At the height of the 2021 bull market, SHIB’s total market capitalization was 43.5 billion dollars.
Since then, Shiba Inu has made great strides in solidifying its position as one of the best meme coins on Web3. Shibarium, a layer 2 scalability solution that uses SHIB as a native cryptoasset, offers new possibilities to Shiba Inu. Developers can launch highly accessible meme coin dApps on Shibarium and, in the process, access millions of active users.
Shiba Inu now has the potential to become the first complete meme coin ecosystem on Web3. It offers EVM-compatible smart contracts and a growing network of applications such as play-to-earn games, lending and borrowing protocols, virtual reality metaverses, and many more. SHIB is an integral part of the transaction process at Shibarium, giving it real growth potential.
4. Dogecoin (DOGE) – The original meme coin
Dogecoin was the first cryptocurrency meme coin and remains the highest ranked meme coin in the entire cryptocurrency market. DOGE offers a scalable alternative to clunky proof-of-work protocols, offering a high level of security and decentralizationbut with faster and cheaper transaction processing tools.
DOGE has received public backing from high-level investors, including Elon Musk. Musk has sparked rumors that DOGE could be used as a native coin in the platformwhich would align with Dogecoin’s current utility as a peer-to-peer payment method that has often been used to tip content creators.
Whether or not DOGE integrates with X remains to be seen. In any case, Dogecoin has been accepted as a payment method by many independent merchants around the world and remains one of the most recognizable brands and one of the best meme coins to invest in in the cryptocurrency space.
Conclusion: Which meme coin is about to skyrocket in October 2023?
It seems very likely that Shiba Memu, still in its early stages for investment, will revalue in the coming months. SHMU is generally believed to be undervalued in its pre-sale, as the new meme coin is available at the current price of $0.031600.
The complete list of the best meme coins to buy right now:
1.SHMU
2. FLOKI
3. SHIB
4. DOGE
In the case of SHMU, its AI-based protocol looks set to make it one of the most successful new meme coin launches of 2023. From the current price level, anything is possible.
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