Meme coins are back in the spotlight this week, with traders hunting for the next viral sensation.
While most meme coins rise and fall in the blink of an eye, some can produce massive rallies and capture lasting mainstream attention.
From established players to presale gems, here are 7 of the best meme coins to buy that could be primed to explode.
1. Dogecoin20 (DOGE20)
Kicking off our list is the highly anticipated Dogecoin20 (DOGE20) project.
This Ethereum-based token hit a significant milestone this week by reaching its $10 million hard cap target during the presale phase.
For investors who missed out, there’s still one final opportunity to get exposure before DOGE20 makes its debut on Uniswap in April.
A limited remaining allocation is available at the fixed price of $0.00022 per token.
Investors have been clamoring to get involved due to Dogecoin20’s hilarious branding and blockchain utility in the form of a staking protocol.
DOGE20 holders can earn yields of 99% per year for holding long-term – providing passive income on top of any speculative gains.
With the hype around the project’s “Doge Day” launch rising and over 5,400 people in the official Telegram group, DOGE20 could be one to watch for a price pump.
Investors can buy DOGE20 tokens by heading to dogecoin20.com and using ETH, USDT, or a credit/debit card.
2. Slothana (SLOTH)
Next up is Slothana (SLOTH), the latest meme coin to turn heads on the Solana blockchain.
Much like SLERF (SLERF) before it, Slothana is a sloth-themed token with no utility – yet that hasn’t stopped its presale from kicking off with a bang.
Slothana’s presale has raised over $650,000 in funding in just two days, and hundreds of people have followed the project’s Twitter page.
One of the main reasons for this early traction is Slothana’s presale setup – instead of using timers and funding caps, the presale is entirely open.
Investors simply send SOL to a specific wallet address to receive SLOTH once the presale ends.
Given the success of other meme coins that took this approach, many early backers believe Slothana could be the next to explode.
Those looking to buy SLOTH tokens can do so by heading to the official website and using the wallet address on the homepage.
3. Sponge V2 (SPONGEV2)
Sponge V2 (SPONGEV2) is a SpongeBob-themed token on Polygon that has had a rollercoaster year so far.
The developers migrated from Ethereum to Polygon in early February, prompting a massive uptick in trading volumes (and price).
This helped Sponge V2 hit an all-time high of $0.00423 – 673% higher than its initial price.
Although the token has pulled back significantly, long-term holders believe a rebound is on the horizon.
Holders’ belief in a reversal is mainly due to Sponge V2’s upcoming P2E game, which is now in development.
Additionally, SPONGEV2 holders can stake their tokens and earn yields of 170% per year.
Investors can buy SPONGEV2 tokens through the widget at sponge.vip using ETH, USDT, or a credit/debit card.
4. Smog (SMOG)
Smog (SMOG) has been one of 2024’s breakout meme coin stars, turning heads with its explosive debut on Solana.
After launching in early February, SMOG soared by over 3,000% in its first four trading days.
The momentum continued in the following weeks – with the token hitting an all-time high of $0.384 on March 8.
There are now over 106,000 SMOG holders globally, and the token boasts a fully diluted market cap of $255 million.
Things could get even better for SMOG holders since the project’s roadmap hints at future “burn opportunities” and migrations to other blockchain networks.
Should these occur successfully, SMOG could be primed for another price explosion.
Would-be investors can buy SMOG tokens through the official website or Raydium/Uniswap.
5. Book of Meme (BOME)
Another of the best meme coins that could explode is Book of Meme (BOME).
Book of Meme has had a fantastic few weeks, bursting onto the scene in mid-March.
At its peak, BOME boasted a market cap of $1.4 billion – and was the second most-traded meme coin behind Dogecoin (DOGE).
Although BOME is now down 53% from its all-time high, the token still boasts a vast online community.
If this community rallies around BOME and meme coin mania reaches a fever pitch again, the token could be set for another explosive rally.
6. dogwifhat (WIF)
No list of the best meme coins to buy would be complete without mentioning dogwifhat (WIF).
This Solana-based token has been the talk of the meme coin market in 2024, producing quadruple-digit percentage returns for early investors.
The WIF community even raised enough funds to display the coin’s mascot on the Las Vegas Sphere.
At the time of writing, WIF is trading for $3.27, a 7% drop from its all-time high on March 15.
However, with the token’s momentum building once more, a new record valuation for dogwifhat could be on the cards.
7. Brett (BRETT)
Rounding off our list of the best meme coins to buy that could explode is Brett (BRETT).
BRETT is a new meme coin hosted on the Base network – Coinbase’s own blockchain.
Due to this, BRETT has received significant attention from meme coin traders looking for the first token to go viral on the platform.
More than $21 million worth of BRETT was traded in the past 24 hours, making it the 16th most-traded meme coin globally.
Although this token is smaller than the others on our list, it could have room to run if mainstream attention picks up as it did with Solana-based meme coins.