More often than not meme coins are touted to have explosive returns. Most of these tokens begin as jokes, but some have rocketed early investors into big fortunes. Thus, how do you find the next 100x meme coin? With this guide you can explore strategies and see some of our top picks to consider.
- PlayPEPE ($PEPP)
- DogeBased ($BDOGE)
- Shiba Inu (SHIB)
- Dogecoin (DOGE)
- Floki Inu (FLOKI)
- Kishu Inu (KISHU)
- Hoge Finance (HOGE)
- Pitbull (PIT)
- Akita Inu (AKITA)
1. LOOK FOR EMERGING THEMES: PlayPEPE ($PEPP)
PlayPepe is a great example of an emerging trend that has been capitalized on by a meme coin. Pepe the Frog is viral, gaming, and NFTs are coming together in unique ways. Through leveraging popular culture and bringing blockchain gaming, PlayPepe addresses the two most common criticisms of blockchain gaming.
However, to find a 100x gem, search for projects on the other side of the coin that innovate within the meme coin space. This community of PlayPepe is extremely strong and focused on games that is exactly why they are going to become massive.
Click here to buy PlayPepe (PEPE)
2. FOCUS ON UTILITY: DogeBased ($BDOGE)
One other example of a meme coins that actually offers more than just humour is DogeBased. DogBases’ real world applications with DeFi integrations include staking and farming. Most projects like this, with meme appeal but also utility, attract a loyal community of holders.
While choosing an investment to purchase, find the coins that bring some special features other than hype. DogeBased is an excellent combination of meme and DeFi for growth into the future.
Click here to buy Doge Based Token ($BDOGE)
3. STRONG COMMUNITIES: SHIBA INU (SHIB)
A meme coin is only as strong as its loyal community, which is why Shiba Inu is the perfect example. Known as the ‘Dogecoin killer,’ Shiba Inu includes a ShibaSwap and is making its mark in the metaverse.
If you’re looking for the next 100x meme coin, look to the project’s social media presence and community engagement. A massive, engaged fan base tends to translate into a token enjoying sustained moments of momentum.
4. MARKET RECOGNITION: DOGECOIN (DOGE)
Sometimes the next big winner is right under your nose. While dogecoin may be a well-known name, its enduring popularity, and the high profile endorsements from the likes of Elon Musk keep this cryptocurrency relevant.
While the growth isn’t quite the same as that of newer players — older coins, as it were — the recognition and stability often ensure they are safe bets for more gradual gains. Be vigilant for projects that continue to deliver long term relevant value alongside embracing innovation.
5. UNIQUE MARKETING STRATEGIES: FLOKI INU (FLOKI)
Floki Inu stands out from the crowd with highly saturated marketing campaigns and profit friendly products; ranging from an NFT marketplace to educational platforms. The success of Floki Inu should show you that branding in the meme coin space is very important.
To evaluate a coin you have to think about how well it conveys its vision and how well it stimulates its crowd. A great marketing strategy can really take a project’s potential for growth.
6. PARTNERSHIPS AND ROADMAPS: KISHU INU (KISHU)
It is no surprise that Kishu Inu is one example of a meme coin that succeeded through both partnerships and a clear development roadmap. Kishu Inu features NFT rewards, DeFi integrations and thus provides utility and entertainment.
Find projects with clear plans and active partnership. This clearly shows the team’s dedication to long term growth which makes the project quite credible.
7. SCARCITY AND DEFLATIONARY MODELS: HOGE FINANCE (HOGE)
Hoge Finance, unlike many other meme coins, is‘deflationary; tokens get burned with every transaction. It makes scarcity higher allowing value to grow faster.
Tokens with unique economic models are when you search for the next 100x meme coin. Hoge Finance is an interesting option for risk tolerant investors that use deflationary mechanics to create sustained demand.
8. CHARITABLE INITIATIVES: PITBULL (PIT)
In the meme coin space, Pitbull has created a niche responsible for charitable initiatives. Its philanthropic efforts helped attract socially conscious investors by means of a portion of its transaction fees.
Quite often coins with unique value propositions, such as Pitbull’s charity driven model, draw in diverse investor groups. Also supporting such tokens can have a positive social impact.
9. GROWTH POTENTIAL: AKITA INU (AKITA)
Another up and coming meme coin that has great potential in growing is Akita Inu. This is in the spirit of cryptocurrency advocators, where decentralisation and community driven development is a focus.
Instead, when you’re analyzing new projects, focus on evaluating the teams with active development rolls and the projects with flourishes vision and goals. Akita Inu with its roadmap as well as a dedicated community, are a promising candidate for significant returns.
10. USE A RESEARCH DRIVEN APPROACH TO ADOPTIONS
To get the next 100x meme coin you need more than just luck, you need to delve into research and a little planning. Here are some tips to refine your approach:
- Study Tokenomics: Know how tokens are shipped and distributed. Over time, coins with capped supply or deflationary models tend to outperform, as this arrangement removes the constant speculation and price fluctuations inherent in the coin’s inherent supply.
- Evaluate Community Engagement: Look at forums, Discord servers, Telegram groups, to see how investors are feeling and how much projects are working.
- Check Developer Activity: Make sure the project is updated frequently with new stuff via the project’s GitHub or development updates.
- Assess Utility: Opt for projects, which provide features like NFTs, DeFi or gaming apps.
- Monitor Trends: Keep yourself updated on market trends and new technologies to identify opportunities at the earliest.
FINAL THOUGHTS
Meme coins are inherently risky, but it’s worth the gamble for adventurous investors if the rewards are large enough. A good way to do that is, by focusing on projects with a strong community, great features and a clear roadmap, you can improve the chances of finding the next 100x gem.
When you are playing around in this volatile space, think about coins like PlayPepe, DogeBased and few that I already mentioned above. There is no investment 100% guaranteed, but staying informed and investing with the research as your base will set you up for success in the meme coin market.
