Top 5 Memecoins to Buy in 2024 With Multiple Returns

Meme Tokens: The Most Profitable Crypto Narrative in Q1 2024

According to CoinGecko's recent report, meme tokens emerged as the most profitable crypto narrative in Q1 2024. This sector recorded an average 1,312.6% return across top tokens by market cap, outperforming other narratives like tokenized real-world assets (286.2%) and layer 2 projects (39.5%).

The total memecoin market cap reached $60.93 billion, 2.32% of the total crypto market - a 176.9% quarterly increase surpassing major sectors like DeFi and layer 2s. Worldwide "memecoin" searches hit 88/100 popularity in March, near November 2023's peak.

5 Meme Tokens with Multiple X Potential

We have prepared a list of 5 tokens with multiple X potential, backed only by strong teams, active communities, and a relaxed approach where you can buy and simply wait. With Bitcoin's rally driving broader enthusiasm and viral communities fueling memecoin mania, now is the time to capitalize on this booming narrative.

1. $OOO by DAO Times (The Most Promising Memecoin)

Leading the pack is the $OOO token from DAO Times on Solana blockchain, an offering from the reputable crypto news platform DAO Times. Departing from the traditional meme token hype cycle, the project is taking a refreshing approach by focusing on long-term growth and utility, making it an appealing investment for those seeking diversification and steady returns.

The $OOO token fits perfectly for those wanting to capitalize on the memecoin hype, while avoiding risky quick pump and dump schemes and rug pulls. The $OOO token has undergone a strategic design to create a symbiotic relationship with the DAO Times platform. Token holders will benefit from exclusive advertising packages, content distribution partnerships, and the ability to pay for sponsored content using $OOO tokens. This strategic alignment positions the token as a valuable asset within the DAO Times ecosystem.

We believe that the $OOO token is a real gem and much better than most cat or dog jpegs. This is why we will buy and hold the token for the long term.

2. Dogecoin (DOGE)

Dogecoin (DOGE) is undoubtedly one of the most well-known and established meme tokens in the crypto space. Launched in 2013 as a satirical take on the cryptocurrency craze, Dogecoin has since grown into a cultural phenomenon with a dedicated community of supporters and investors.

One of Dogecoin's key strengths is its widespread adoption and recognition. Major cryptocurrency exchanges, including Coinbase and Binance, have listed DOGE, making it easily accessible to a broad range of investors. Additionally, several businesses, including the Dallas Mavericks and certain branches of AMC Theatres, now accept Dogecoin as a payment method.

3. Shiba Inu (SHIB)

Shiba Inu (SHIB) is another prominent meme token that has captured the attention of crypto enthusiasts worldwide. Launched in 2020, this Ethereum-based token was initially inspired by the popular Dogecoin meme but has since evolved into a comprehensive ecosystem with various utility offerings.

One of Shiba Inu's key strengths is its strong community and dedicated team of developers. The project has introduced ShibaSwap, a decentralized exchange (DEX) that allows users to swap tokens, stake their SHIB holdings, and earn rewards through liquidity provision.

4. Gala Games (GALA)

While not strictly a meme token, Gala Games (GALA) has gained significant traction in the crypto gaming space with its playful and engaging approach. Launched in 2020, Gala Games is a blockchain-based gaming platform that allows users to earn rewards, collect non-fungible tokens (NFTs), and participate in a range of play-to-earn (P2E) games.

The GALA token serves as the native currency within the Gala Games ecosystem, enabling users to purchase in-game assets, participate in governance decisions, and potentially earn rewards through gameplay and staking.

5. Apecoin (APE)

Apecoin (APE) is a unique meme token that has gained significant traction due to its association with the popular Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. Launched in 2022, Apecoin serves as the governance token for the ApeCoin DAO, which oversees the development and expansion of the BAYC ecosystem.

One of Apecoin's key strengths is its strong community backing and the exclusivity associated with the BAYC NFT collection. Holders of BAYC NFTs receive exclusive privileges within the ApeCoin ecosystem, including the ability to participate in governance decisions and access to exclusive events and experiences.