List of Top 50 Solana Meme Coins Ranked by Market Cap

Popular Solana meme coins like dogwifhat (WIF), Bonk (BONK), Popcat, (POPCAT), BOOK OF MEME (BOME), Ponke (PONKE), cat in a dogs world (MEW) coin, etc. can be bought on top crypto exchanges such as Binance, Gate, Kucoin, and other CEXes. Also, you can buy any Solana meme coin like Ponke, dogwifhat, Book of Meme coin on Solana DEXes like Raydium, Orca, and others. To find the exact DEXes where Solana meme coins are listed, you can use DEX aggregators, such as DEX Screener and DEXTools. They show every coin listed on DEXes, even low-quality ones.

You can buy Solana meme coins either on centralized exchange (CEX) or decentralized exchange (DEX).

To buy Solana meme coins on CEX you need to do the following steps:

1. Register an account on a crypto exchange (Binance, Coinbase, KuCoin, etc.);
2. Deposit crypto or fiat into your account;
3. Find your meme coin in the trading pairs list;
4. Purchase.

To find CEX where your meme coin is listed, you can look at crypto market aggregators such as Coingecko or Coinmarketcap. Go to the “Markets” section on these platforms and you will see a list of exchanges where the meme coin is listed and also trading pairs.

Another way is to have a crypto wallet with SOL cryptocurrency, such as Phantom or Solflare, because they work on the Solana blockchain.

To buy Solana meme coins on DEX you need to do the following steps:

1. Look up your coin in the DEX aggregator (e.g. DEX Screener or DEXTools);
2. Find the DEX where your coin is listed;
3. Create an address in a non-custodial crypto wallet if you don’t have one and deposit SOL cryptocurrency;
4. Connect wallet to DEX;
5. Purchase your meme coin.

There are 2 main ways to launch your own Solana meme coin: advanced (technical) and more simple (no-code, user-friendly).

Advanced way

For this approach, you will need to know basic blockchain development to code a smart contract and set the parameters of your future meme coin. But with the development of AI tools like ChatGPT, it’s already possible to write code by using human language.

Here’s a step-by-step overview:

1. Set Up a Solana Wallet

You’ll need a Solana-compatible wallet like Phantom or Solflare to manage your coins and interact with the blockchain. Also, you will need to deposit some SOL into your wallet to pay for the blockchain fees and minting.

2. Develop the Smart Contract

Write a smart contract using Rust programming language and Solana Program Library (SPL). Define the parameters of your cryptocurrency, such as total supply, decimals, fees, and others. Then deploy a smart contract on the Solana blockchain. 

3. Mint Your Coins

Once your smart contract is deployed, you can mint your meme coins.

4. List and Market Your Coin

After minting, you’ll need to do some marketing to make your meme coin reach the right audience. Usually, it’s listing a cryptocurrency on DEX, creating social media pages, and community, and purchasing Ads and Influencer promos.

This advanced approach gives you full control over your meme coin but requires technical knowledge, marketing, and business dealing skills.

Simple way

If you don’t want to spend time learning blockchain development and just want to launch your coin quickly, some platforms allow you to create a cryptocurrency literally in a few clicks. All you need to do is fill out a simple form and pay a fee for a blockchain transaction. Examples of such platforms are PumpFun, SunPump, and FourMeme. Here’s how they work:

1. Create an Account
2. Enter details about your meme coin (name, ticker, total supply).
3. Mint your coin. All technical processes are done by the platform.
4. Promote your coin

This method is perfect if you want to launch a meme coin quickly without writing a smart contract. However, it lacks flexibility in customization.

Solana meme coins cannot be considered a stable long-term investment due to their volatile and speculative nature. However, it often happens that you buy some cryptocurrency and forget about it, and after returning to it after a while, you find out that its price has increased significantly; the same can happen with Solana meme coins. Meme coins in general are short-term investments with potentially quick profits and targets for speculations. However, big meme coin projects can bring substantial returns because of their huge community support. For example, the PEPE coin could bring you up to 886% ROI if you bought it in summer 2023. There is even a calculator that allows you to see potential profit from your investment in meme coins.

It’s crucial to understand that the price of meme coins can change rapidly and dramatically, sometimes leading to significant losses. A simple tweet from a crypto influencer can both send a coin to the moon and make it go to zero.

Also, there is a risk that some projects might be scams. So, it’s essential to do your research before investing. 

As you already know, it’s essential to evaluate the risks of your investment, because meme coins are highly volatile. 

There are additional important steps to do before investing in any crypto project:

1. Do Your Research (DYOR)

Check the project from all sides: website, team, social media accounts, community on Discord or other platforms, and security audit. If there is something that seems suspicious (e.g. fake followers, no communication from the team, no audit) it’s better to not invest in such a project.

If you have technical knowledge of blockchain, you can even check a smart contract of the project’s cryptocurrency yourself, to make sure there is no backdoor through which it’s possible to make a rug pull.

2. Market Conditions and Sentiment

The crypto market is largely influenced by trends and investor sentiment. If it’s a bear market, people tend to be more risk-averse and not to invest a lot of money into new projects. If it’s a bull market or a bull run, market participants are excited about the growing prices and create a flow of money into the market. 

3. Financial Goals

Think of your investment strategy and time frame. If you are looking for quick profits, this is a short-term investment. While it can bring you earnings quickly, you will need to monitor the market constantly to catch the right moment to sell. Another way is to hold your crypto for several months or even longer, this is a long-term investment. It doesn’t require you to often check the market, quite the opposite, you ignore price fluctuations and wait for potentially substantial gains from your investment.

The main difference between Solana meme coins from others is the blockchain they operate on. It makes interaction with these cryptocurrencies slightly different. For example, to buy a meme coin on the Ethereum blockchain you will need a Metamask crypto wallet or another compatible with Ethereum-like blockchains. For a Solana meme coin, you will need Phantom, Solflare, or another wallet that supports the Solana blockchain. Also, fees on the Solana blockchain are lower than on Ethereum, and transactions are processed faster. 

Secondly, the community behind the blockchain network is another point of differentiation. These loyal supporters are the first who track the launch of new tokens to buy the most interesting ones. For example, launching a new meme token on Cardano won’t be as exciting and visible as launching one on Solana or Base.