The Full List of Meme Coins: ICO, IDO & IEO Projects Ranked By CoinLaunch Score

It’s a type of cryptocurrency or altcoin. In most cases, meme tokens have no inherent value or even utility. As you can guess from the name of these cryptocurrencies, they are often (but not always) inspired by Internet memes, political jokes and pictures from social networks.

All cryptocurrencies rely on their user communities and the support of influencers. However, meme coins have gained popularity largely due to strong associations with influential people like Elon Musk. A single tweet from a Tesla CEO has the power to make a cryptocurrency skyrocket.

Despite their unserious nature, some meme coins have evolved into big infrastructure projects with real value and use cases. Take Doge Coin for example, the project has launched a Dogechain, an EVM compatible chain built for Web3 dapps. Shiba Inu, in turn, has launched a decentralized exchange called ShibaSwap, which is a fork of the famous SushiSwap DEX. Also, the project partnered with an Italian fast food chain called Welly’s, where Shiba Inu native coins can be used as a means of payment.

More likely, the next meme coin to explode will be inspired by and based on new trends and popular memes, so it's crucial to do the following: 

• To follow crypto influencers and KOLs on social media to be up-to-date with the latest events. 
• It will also be useful to join various crypto communities to see what discussion topics are currently hot among crypto enthusiasts.
• Checking out crypto analytical aggregators is always your go-to way if you want to spot the next meme token ahead of time! On platforms, like CoinLaunch, you can find a list of upcoming “best meme coins” to invest in accompanied by in-depth analysis and a certain score to evaluate the project’s potential and trustworthiness.

Considering how fast online trends appear and go away, any long-term predictions won’t probably come true. However, there is a method on how you can identify meme coins with exploding investment potential. 

Since meme tokens do not generally present any utility and are not backed up by any technology or a unique use case, they are majorly driven by the interest of the crypto community. Therefore, we recommend you to search for influencers and KOLs that are supporting various meme coins on CoinLaunch to identify the next gem with a huge marketing exposure. Also, you may search for communities and social media accounts that specialize in investing in meme cryptocurrency or just crypto memes to identify new trends and find out what insiders are talking about and what is being hyped now.

Here are 3 most popular meme coins, which even people that are not involved in cryptocurrency know about:

• The first meme coin, Dogecoin (DOGE), is based on the long-running Doge meme, a photo of a Shiba Inu dog. At the same time, Dogecoin uses a separate blockchain, which is a fork of Luckycoin and Litecoin, thanks to which the cryptocurrency stands out from all other meme-coins that use existing blockchains.
• Right now, the second most popular meme crypto is the Shibu Inu (SHIB), an Ethereum-based ERC-20 token, which went viral in early 2021 after Elon Musk tweeted about it. The Shiba coin's main objective is to act as a decentralized digital asset that encourages community engagement and governance.
• Finally, the third most popular meme coin is called SafeMoon (SAFEMOON). It is powered by the Binance Smart Chain blockchain. The token has a one-of-a-kind automated liquidity creation system that benefits long-term investors.

The whole sector of meme cryptocurrency shouldn't be taken seriously at all. The major part of meme coins have intrinsic value and are only driven by people’s FOMO. These types of assets are extremely volatile:  one tweet can bring the price of an asset to the moon (you know who we are talking about). However, there are a few meme tokens that try to bring some utility to the blockchain community, like Shiba Inu. Overall, cryptocurrency that was initiated because of some joke or a celebrity is doomed to fail due to various reasons and weak security of a smart contract may be one of them.

It's obvious that as with any cryptocurrency, meme crypto coins have risks of losing money associated with investments in them. 

Firstly, meme coins are highly volatile,  as we said earlier, one influential person has the power to make the asset either skyrocket or collapse. And any sharp price movement is accompanied by a correction. 

Secondly, by investing in a meme cryptocurrencies, you are willingly exposing yourself to potential rug pulls and pump and dump schemes. You should remember that there is a risk of falling into a scam with every cryptocurrency initiative. However, with meme coins, the risks of frauds are even higher because of the anonymous teams, lack of serious technology and business approach behind them, as well as the FOMO generating nature of this digital asset type and weak security, which is immensely attractive for hackers.

If you consider investing in meme crypto, you should at least have access to a complete information profile and list with all the options available on the market. CoinLaunch offers you a comprehensive list of meme coins, where you can find all popular, new and upcoming cryptocurrencies with already conducted in-depth research and a rating based on 80+ factors that will showcase the potential of the asset you are interested in.