While the market has remained relatively subdued over the past year, meme coins are still a hot topic. PEPE, for example, made headlines after exploding around 7,000% in May, sparking a renewed interest in this niche. However, with the prospect of overnight profits, hundreds of meme coins have flooded the market, making it hard to know where to turn. This article spotlights four of the best meme coins to buy in October, chosen for their balance between risk and reward, viral potential, and community engagement.
Read on to find out which meme coin crypto investors are eagerly watching right now.
Best meme coins to buy in October:
- Shiba Memu: The future of meme coins, powered by AI
- Shiba Inu: More than just memes
- HarryPotterObamaSonic10Inu: Unapologetically chaotic, surprisingly valuable
- Dogecoin: The unshakeable OG meme coin
1. Shiba Memu: The future of meme coins, powered by AI
Shiba Memu (SHMU) is far from just any other entry in the ever-growing list of meme crypto coins. This standout among the new meme coins of 2023 is engineered for long-term growth. How? By using AI to market itself autonomously. This tech-savvy pup uses a host of advanced AI tech, like natural language processing (NLP), sentiment analysis, and predictive analytics, to generate buzz and attract investors.
In practice, Shiba Memu can interact directly with prospective investors, craft and execute targeted marketing strategies, and capitalize on market trends. This proposition has caught the eye of investors: since its launch in July, the SHMU presale has raised $3.6m.
One of the most attractive aspects for early investors is its presale pricing strategy. SHMU’s price has been programmed to rise daily by $0.000225. As a result, the token has already witnessed a climb of 200.22%, with 13.47% more to go, aiming for a staggering 240% increase.
For investors on the lookout for meme coins that could explode, Shiba Memu presents a compelling case. The upcoming listing on the Bitmart exchange could serve as the catalyst that sends SHMU into the stratosphere, given its AI-driven, self-perpetuating hype machine. Don’t miss out on this one: it could soon be making its presence felt in the top 10 meme coins list.
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2. Shiba Inu: More than just memes
Shiba Inu (SHIB) is well-known as one of the top meme coins, going beyond the average utility-less meme coins. Launched by an anonymous developer in 2020, it took inspiration from Dogecoin and quickly set itself apart as a formidable competitor. Since capturing mainstream attention in 2021, Shiba Inu has constructed an intricate ecosystem, redefining what utility-based crypto meme coins look like.
The Shiba Inu ecosystem offers features that many new meme coins can only aspire to. Multiple tokens—SHIB, LEASH, and BONE—form its core. ShibaSwap, its decentralized exchange, offers multiple ways to earn, while its NFTs, known as Shiboshis, are used in the play-to-earn (P2E) mobile game Shiba Eternity. There’s even community governance via the Doggy DAO and an upcoming metaverse experience, Shib: The Metaverse.
The recent launch of Shibarium, an Ethereum layer-2 scaling solution designed to make SHIB transactions faster and cheaper, underscores Shiba Memu’s seriousness as a top meme coin contender. Combined with a dedicated community, known as the SHIB Army, SHIB has a strong foundation for long-term growth. With these aspects in mind, Shiba Inu could be one of the first meme coins to explode in the upcoming bull run.
3. HarryPotterObamaSonic10Inu: Unapologetically chaotic, surprisingly valuable
HarryPotterObamaSonic10Inu (HPOS10I) is one of the more obscure and perplexing meme coins. Its ticker is BITCOIN; its website is reminiscent of the internet’s early days; its whitepaper, a simple text document, features an ASCII-art image of Sonic the Hedgehog. Epitomizing the more absurd side of meme culture, HPOS101 has emerged as one of the best meme coins of 2023.
While it poses a stark contrast to utility-based projects like Shiba Memu and Shiba Inu, the numbers speak for themselves. The token’s value skyrocketed almost 4,500% between May and August, drawing in tens of millions in daily trading volume. At its peak in August, it held a $178 million market cap, catapulting it up the crypto meme coins list to become the 7th most valuable (CoinMarketCap).
Even after cooling off somewhat, HPSOS10I seems to be trending again. Its market cap sits above $80 million at the time of writing, with BITCOIN climbing over 80% from a low of $0.04651 in early September to $0.084 today. Unapologetically chaotic and subversive, HPSOS10I has earned its place as one of top new meme coins of 2023.
4. Dogecoin: The unshakeable OG meme coin
Dogecoin (DOGE) is the elder of meme coins, often likened to Bitcoin for its iconic status. While it may not boast the utility of other crypto projects, its brand recognition alone carries immense value. While Bitcoin spawned an entire new asset class, Dogecoin paved the way for the meme coin market. Launched in 2013, DOGE hasn’t just survived but thrived, consistently ranking in the top 10 most valuable projects since its meteoric rise in 2021.
Backed by several high profile celebrities, like Elon Musk and Mark Cuban, Dogecoin has remained hugely popular with the crypto community. Musk’s support extended as far as changing X’s logo to Dogecoin’s Shiba Inu mascot earlier this year. There are even rumors that he’s been a secret benefactor, funding Dogecoin’s development.
In the face of growing competition from other meme coins, like the contenders on this list of the best meme coins for 2023, Dogecoin has held its ground. Even Shiba Inu’s growing ecosystem has yet to dethrone Dogecoin, proving that the pioneer of meme coins is still one to seriously consider.
Best meme coins in October? Look no further than these four
It’s hard to discount the presence of meme coins in today’s market. Offering significant growth opportunities practically every day, there’s no telling which will be the next to pop. These four strike a balance between new and old, each with a compelling investment case that primes them for future growth.
Looking for the four best meme coins to buy in October? Check out these top players:
- Shiba Memu
- Shiba Inu