When we say cryptocurrencies, the common names that come to mind are Bitcoin and Ethereum. However, there are several other digital assets with different utilities and purposes. One of those is meme coins.
You know memes if you are a fan of funny content online. Meme coins pay homage to a meme, a pop culture reference, or a funny idea captured in an image or a video. Memes can go viral overnight; the same is true for meme coins, as meme coins gain popularity based on their association with internet memes and viral content.
It’s important to know that even though meme coins are made for entertainment purposes, some meme coins have a large market capitalization and staying power that is not to be sniffed at.
There are many ways to categorize meme coins–based on their market cap, their price, or their trendiness–which is the focus of this article. Here are three of the top meme coins that are trending at the moment:
Memecoin (MEME)
Memeland is a collection of 9,999 utility-enabled PFPs (picture-for-profile) NFTs. Memeland was founded by the viral meme-sharing website 9GAG, which stated that Memeland is their attempt to try something new. 9GAG said, “We don’t know how big Memeland will become, but we promise we will give our best.”
Memecoin operates with MEME as its native token, featuring a maximum supply of 69,000,000,000, with 8,797,500,000 MEME circulating at launch. The minted Memecoins will be distributed into seven main pools, as the website mentioned, each with different unlocking schedules.
Barbie Girl (BBG)
The Barbie Girl meme coin is the latest in the field. The BBG coin pays homage to Barbie—the doll from Mattel, Inc. With gorgeous visuals and a well-designed Barbie, this meme coin is ready to paint the town pink.
Barbie Girl’s airdrop presented investors and meme coin lovers with an opportunity to gain 4 trillion BBG tokens. The total supply of Barbie Girl’s coins is 7,777,777,777,777,777. 80% of the tokens are for liquidity pools and sales, while 20% are for marketing.
At present, the coin is affordable, as is the case with most fresh coins. This provides a great chance for investors to accumulate as much as they can to benefit from the price increase over time. Right now, the coin is in phase one, with an option to buy the coin directly from Barbie Girl’s website, where purchases over $10 grant eligibility for a 100% BBG bonus.
Further along the line, in the project’s phases two, three, and four, the project plans to collaborate with charities, conduct beauty contests, and commence partnerships across the beauty industry.
Bonk Inu (BONK)
Bonk is the first Solana dog coin for the people, by the people, according to Bonk Inu’s website. The meme coin saw a huge surge in popularity and price after airdropping 50% of the token supply to some Solana users.
Solana’s meme coin has a maximum supply of 100 trillion tokens, with 50 trillion tokens airdropped to the community. When the meme coin launched, its tokenomics were as follows:
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