Hi .

The original meme coin – Dogecoin, was set up merely as a joke. With that said, many meme coins – including DOGE, have not only generated significant returns for investors – but some are now multi-billion dollar projects.

This year has brought another meme coin frenzy with various tokens showing huge gains in recent weeks and opportunity across the market.

The latest meme coin to hit the ground running is Pepe, a crypto based on a viral internet meme of a frog, soared 7,000% in 3 weeks after its launch in April. It subsequently breached a market value of $1.8Bn one month later according to data from CoinGecko.

Another more established example is Shiba Inu, a dog-inspired meme coin which blew up in popularity thanks to Elon Musk’s Twitter posts. According to Binance, a $1k investment in SHIB tokens back in 2020 would have generated returns of $22m in 2023.

In this guide, we take a closer look at meme coins and what investors should know before buying them. We also review the best meme coins to buy in 2023.

#memecoin #crypto2023 #MEME #DOGE #pepe $

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