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Meme coins are all the rage in the wild world of cryptocurrency. It’s like a meme coin airdrops season out there, with coins like $PAC, $WIF, $BONK, and $PEPE skyrocketing faster than you can say “To the moon!” These digital tokens ride on the coattails of internet culture, often inspired by funny memes or popular trends. They’re like the class clowns of the crypto world, grabbing attention with their quirky names and even quirkier values.
Airdrops in 2024: Complete Airdrop Farming Guide
This year, big meme coins have been on a rollercoaster ride to the stars. WIF (check our recent guide), BONK, and PEPE have been making headlines with their astronomical gains, leaving investors both thrilled and baffled. It’s like watching a meme come to life, but instead of just making you laugh, it’s making you rich (or maybe poor if you’re not careful). As we navigate the rest of this bull market of crypto, it’s hard not to wonder what other meme coins will pop up and capture our imaginations. Will we see the rise of Doge Jr., Shiba’s Cousin, or perhaps even a meme coin based on that viral cat video from last week? Only time will tell, but one thing’s for sure: meme coins are here to stay, for better or for worse. And of course, many meme coin airdrops are poppin’ up left and right.
The appeal of meme coins lies not only in their humorous origins but also in their accessibility and potential for quick gains. Unlike traditional cryptocurrencies, meme coins often have low barriers to entry, allowing anyone with an internet connection and a few dollars to participate in the craze. This accessibility has democratized the world of investing, attracting a new wave of retail investors eager to try their luck in the crypto market. They are mooning on every chain as well, whether you’re on Ethereum, Blast, Base, Bitcoin or Solana. If you are curious about trading them on Sol, have a look at our guide to using BonkBot to snipe the latest meme coins.
Moreover, the speculative nature of meme coins adds to their allure. Unlike established cryptocurrencies like Bitcoin or Ethereum, which are backed by robust technology and widespread adoption, meme coins often lack fundamentals. Instead, their value is driven primarily by hype and speculation. This makes meme coins inherently volatile, with prices soaring to dizzying heights one moment and crashing back to earth the next. Rightfully it’s often referred to as the meme coin casino.
However, despite their unpredictable nature, meme coins have carved out a niche in the crypto market, attracting a dedicated community of enthusiasts who revel in the chaos and unpredictability. These meme coin aficionados can often be found congregating on social media platforms like Reddit and Twitter, where they share memes, discuss price movements, and evangelize their favorite coins with religious fervor.
But while meme coins may be entertaining and potentially profitable, they also come with a considerable degree of risk. Investing in meme coins is akin to gambling, with investors often basing their decisions on gut instinct rather than thorough research or analysis. This speculative frenzy can lead to irrational exuberance, with investors pouring money into meme coins based solely on the fear of missing out (FOMO).
Moreover, the lack of regulation in the meme coin market leaves investors vulnerable to fraud and manipulation. Pump-and-dump schemes, where the price of a meme coin is artificially inflated by coordinated buying before being sold off en masse, are not uncommon in the world of meme coins. These schemes can result in devastating losses for unsuspecting investors who are left holding the bag when the price inevitably crashes.
List of Meme Coin Airdrops
Now that we got the warnings out of the way, let’s look at a few meme coin airdrops you can collect today.
Building on past success, Pacmoon S4 Airdrop’s focus is more on creators than it is on farmers. Over the past 3 seasons the Blast meme coin has put a smile on a lot of collectors faces. Not only has this coin been fully distributed by airdrop, it’s also been going up over time.
Holders of $PAC have been fortunate to win the Blast Lottery game not once, but twice!, in the past 2 weeks. Winning a bag of free Blast Gold.
You can find all the information about joining this airdrop over here.
COCO is a lovely, cute, and tech-savvy kitty meme coin characterized by its pretty low initial supply of only 1,000 $COCO tokens and celebrated for having a hyper-deflationary tokenomics.
Unlike other meme coins, COCO features an array of smart utilities like Token Swapping, Token Multiplier, and the MeowClub—a platform for easy financial support and money lending service.
This meme coin is on Binance Smart chain (BSC), showing that no chain is left behind.
Find the step-by-step airdrop guide on Airdrop Alert.
Traders and collectors that show activity in the ordinal ecosystem already received several Runes Airdrops, the new protocol on Bitcoin.
The one that stands out most is $DOG, the first dog-based meme coin on Bitcoin, which is also the first crypto ever. A double-first so to speak. Do you see the potential in this narrative?
Holders of the RuneStone ordinals are promised at least 2 meme coin airdrops more in the upcoming weeks. And who knows what is more to come in this brand-new ecosystem.
We covered most of it in a blog 2 weeks ago, focussed specifically on Runes Airdrops. Have a quick look if you have the time.
Baby Bonk Inu is the adorable mascot of the cryptocurrency world, captivating hearts with its endearing charm and offering more than just a playful name with its substantial utility and serious market potential.
This lovable memecoin on BSC stands as a serious contender in the crypto market, featuring a Swap function, Meme Factory, and an NFT Marketplace, all supported by hyper-deflationary mechanisms to enhance its value.
Study their second airdrop season here.
Hasbiland emerges as a pioneering force in the Web3 landscape, offering a dynamic ecosystem for incubating and promoting Web3 projects, fostering organic community growth through quests and rewarding fruitful endeavors, while harnessing the true potential of Hasbulla‘s global fanbase.
The $HASBI token on Ethereum is the cornerstone of Hasbiland, driving engagement and granting access to exclusive features and lucrative opportunities.
Join this airdrop by completing some Quests and Social tasks.
Despite these risks, the meme coin craze shows no signs of slowing down. As long as there are internet memes to be mined for inspiration, there will always be new meme coins waiting to be unleashed upon the world. Whether these coins will ultimately prove to be a passing fad or a permanent fixture in the crypto landscape remains to be seen. But for now, one thing is certain: meme coins are here to stay, for better or for worse. So buckle up, because it’s going to be a wild ride to the moon and beyond.
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You might also like our other blogs about $BONK Trade or Top Solana NFTs 2024
From Wikipedia, the free encyclopedia
Cryptocurrency originating from internet meme
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic.[1] It is often used interchangeably with the term shitcoin which typically refers to a cryptocurrency with little to no value, authenticity, or utility.[2] It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety—those based on particular memes such as "doge coins", celebrities like Coinye, and pump-and-dump schemes such as BitConnect—or it may be used to make cryptocurrency more accessible. The term is often dismissive, comparing the value or performances of those cryptocurrencies to that of mainstream ones. Supporters, on the other hand, observe that some memecoins have acquired social currency and high market capitalizations.[3]
In late 2013, Dogecoin was released after being created as a joke on the Doge meme by software engineers. This sparked the creation of several subsequent meme coins. In October 2021, there were about 124 meme coins circulating in the market. Notable examples include Dogecoin and Shiba Inu.[3]
In late 2021, advertisements promoting the meme coin Floki Inu in London led to subsequent investigations around promoting the meme coin, considered to be an unregulated financial product by the ASA (The Advertising Standards Authority).[4]
Some countries have taken steps to regulate meme coins. In early 2021, Thailand's Securities and Exchange Commission banned meme coins as part of a crackdown on digital goods with "no clear objective or substance".[5]
Meme coins have surged in popularity since Elon Musk endorsed the use of Dogecoin, one of the first meme coins.[6] He continues to post tweets about Dogecoin in 2022, including one in January where he stated he would eat a Happy Meal from McDonald's on live TV if they started accepting Dogecoin as payment.[7] The risk of losing money is significant. However, some projects seem to be successful and sustainable over time.[8]
media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of
. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.
The live Memecoin price today is $0.014085 USD with a 24-hour trading volume of $126,891,147 USD. We update our MEME to USD price in real-time. Memecoin is down 4.12% in the last 24 hours. The current CoinMarketCap ranking is #181, with a live market cap of $464,946,932 USD. It has a circulating supply of 33,009,296,446 MEME coins and a max. supply of 69,000,000,000 MEME coins.
