Top Ethereum-Based Meme Coins To Buy In 2024

The Ethereum ecosystem is home to thousands of different cryptocurrencies, many of which are meme coins. As a result, it can be difficult for many to decide which crypto they will diversify with. Yet, in this guide, we will go over the top five meme coins that nobody should miss this trading season, all of which follow the ERC20 token standard. 

Diving Deeper Into the Top Ethereum-Based Meme Coins to Buy in 2024

Traders need to analyze the market to figure out which cryptocurrencies have the potential to explode in value the most. However, this can be difficult, yet despite this, a well-diversified portfolio can go a long way towards enabling anyone to get the best possible outlook. Here, we will take a look at the best Ethereum-based meme coins through which anyone can potentially get high ROI in 2024.

1. KangaMoon (KANG)

KangaMoon (KANG) is a community-driven project that will establish Social-Fi features that can evolve the meme coin sector. Every challenge on the platform will enable players the opportunity to earn, where any victory will provide them with real-world value and rewards.

KANG is the native crypto used across the ecosystem and will enable anyone to earn rewards and participate in special events. The project is up 50% since the start of its presale, and at Stage 2, a single KANG token trades for $0.0075. At launch, analysts project a 100x upswing, making it a solid meme coin to jump into. These aspects make it one of the best new meme coins to invest in.

2. Shiba Inu (SHIB)

Shiba Inu (SHIB) is one of the largest Ethereum-based meme coins, which has a vast ecosystem and a massive community. It is widely considered to be an alternative to Dogecoin and has even been dubbed as its “killer.” The name of the community is “SHIBArmy,” and the project was created by an individual or group that went by the name Ryoshi. 

Since its launch, its ecosystem has expanded, and it now features Shibarium, a Layer-2 network built to scale Ethereum. During the past trading sessions, it climbed to $0.000009558, and since its all-time low, it has blown up in value by 11,706,053.08%. These positive aspects paint a positive outlook for Shiba Inu crypto, and exponential gains can be seen in the upcoming trading sessions as a result. 

3. Pepe (PEPE)

Pepe (PEPE) is another meme coin that differs in various ways when compared to other projects. For example, the Pepe crypto was originally designed to introduce a deflationary system that burns a small percentage of tokens with every transaction. The goal of this was to create scarcity and increase the value of remaining tokens over time. Moreover, at its launch, the team members implemented a redistribution system that let a portion of every transaction get distributed to existing token holders. 

Pepe has seen a price increase of 36% in the past two weeks, and its trading volume averages at 168 million. Moreover, it’s trading at $0.000001426, and since its all-time low, Pepe is up 5,058.51%. These aspects position it towards becoming a leader in the upcoming trading sessions. 

4. Memecoin (MEME)

Memecoin (MEME) is a cryptocurrency that has been inspired by memes seen online alongside jokes and other satire. This cryptocurrency is specifically known for having no utility, no roadmap, no promises, and zero expectations of financial returns. 

What’s unique about it is that it still has $62 million in trading volume. Moreover, it trades at $0.02786, and during the past trading sessions, it increased 22%. It’s up 62% from its all-time low as well, indicating that it’s still managed to provide high ROI despite being a meme coin only.

5. FLOKI (FLOKI)

FLOKI (FLOKI) is the utility token of its dedicated ecosystem. Through the usage of this meme coin, anyone will be able to access the various aspects of its ecosystem, including the Valhalla NFT Metaverse Games, the Floki University educational platform for cryptocurrencies, DeFi features, and a FlokiPlaces NFT collection. 

Moreover, the cryptocurrency is based on Elon Musk’s dog but has, over time, evolved into a complete Web3 project. With an average trading volume of $23 million and a value of $0.00003575, it’s clear that this crypto is experiencing a high level of attention. Moreover, from the all-time low point of value, FLOKI is up 42,809.4%, cementing it as a high ROI opportunity. 

Why Do Traders Choose Meme Coins That Are Based on Ethereum?

Ethereum is the second-largest cryptocurrency by market cap. However, since its network supports smart contracts, it has become the home for decentralized applications (dApps), Decentralized Finance (DeFi), Play-to-Earn (P2E), Non-fungible tokens (NFTs), and meme coins. 

The Way We Picked the Best Ethereum-Based Meme Coins for Traders

The key factors that any trader should look at before diversifying their holdings with Ethereum-based meme coins include the transparency and legitimacy of the project, the utility, the size of the community, and the overall market capitalization and trading volume. 

The Best Way to Buy Ethereum-Based Meme Coins

For traders or investors to buy Ethereum-based cryptocurrencies, they need to get a crypto wallet that is compatible with the ERC20 token standard. Then, they can deposit funds into their wallet and choose an exchange that lists these meme coins. Then, they can simply create an account or connect directly and purchase the required token with ease. 

Why Buy Ethereum-Based Meme Coins Instead of Ones on Other Networks?

There is a wide range of benefits surrounding the Ethereum network, which has been the catalyst for its growth. These include low fees, high network stability, massive popularity, varied choice of meme coins available, and smart contract support.

Conclusion

The bottom line is that there is a wide range of meme coins available on top of Ethereum. Yet, for those looking for high ROI opportunities, KangaMoon can be a major choice, as it has the potential to 100x in value at launch. As a result, KANG is seen as the best new meme coin to invest in.

Ethereum Meme Coins FAQs

What Is an Ethereum Meme Coin and How Does It Differ?

Meme coins built on Ethereum are a type of cryptocurrency that is typically based on an internet joke and created initially to be community-driven. Over time, some of them evolve and create entire ecosystems with various functionalities.

Which Are the Most Popular Cryptocurrencies Based on Ethereum?

While there are many meme coins available on Ethereum, the key ones include Shiba Inu (SHIB), Pepe (PEPE), Memecoin (MEME), FLOKI (FLOKI) and KangaMoon (KANG).

Why Buy Meme Coins Based on Ethereum?

The ERC20 token standard is widely supported on most exchanges and cryptocurrency wallets. As a result, just about anyone can get access to them, and they are simple and affordable to transfer.