Meme coins have taken the crypto market by storm over the past few years, offering a way for investors to generate huge returns from assets that seem to have no intrinsic value. However, as we move further into 2023, there is now an array of meme coins with real-world utility and exciting prospects providing limitless growth opportunities.With that in mind, this article discusses the top meme coins for 2023. It dives into 8 high-quality projects that look set to explode in the coming weeks.The 8 top meme coins to buy in 2023The list of meme coins below presents 8 of the most talked-about projects in the crypto market right now, each offering something different to stand out from the crowd:1. Love Hate Inu (LHINU) Overall top new meme coin in 20232. Tamadoge (TAMA) Super-popular meme coin with an exciting roadmap3. Dogecoin (DOGE) Extremely famous meme coin4. Dogelon Mars (ELON) Well-known meme token that benefits from market hype5. Samoyedcoin (SAMO) Samoyed-themed coin with a successful NFT collection6. Shiba Inu (SHIB) well-rounded meme coin with valuable use cases7. Floki Inu (FLOKI) Popular meme project named after Elon Musks dog8. Baby DogeCoin (BABYDOGE) - top meme coin for earning passive income

An in-depth look at the top meme coins right now

1. Love Hate Inu (LHINU) Overall top new meme coin in 2023First in this list of the top meme coins to buy is Love Hate Inu. Love Hate Inu is the newest meme coin on the market, yet one that already looks to have a bright future. The project's friendly style and built-in utility offer the perfect combination for attracting investors and providing long-term returns.

This is the token that users will be rewarded with simply for participating in polls. Notably, users must first own and stake LHINU to participate in the voting process. Through this 'stake-to-vote' setup, Love Hate Inu's developers ensure poll results are accurate and bot/spam accounts are removed.

Many believe Love Hate Inu will become one of the top meme coins due to its brand partnership potential. The development team has already hinted at this, as they aim to form links with well-known brands to create 'sponsored polls' that offer unique rewards for voters, such as merchandise or NFT discounts.

However, the project is still in its presale phase, with 90% of the token supply (90 billion LHINU) allocated to early investors. Stage 1 of the presale is now ongoing, allowing investors to buy LHINU tokens for just $0.000085 the lowest price they'll be available.

Those looking to get involved in the Love Hate Inu community can join the official Telegram channel.

Visit the Love Hate Inu Presale

2. Tamadoge (TAMA) Super-popular meme coin with an exciting roadmapMany analysts and market commentators believe that the next meme cryptocurrency to explode in 2023 will be Tamadoge. For those unaware, Tamadoge was a breakout star in the market last year, offering an exciting blend of NFTs and Play-to-Earn (P2E) mechanics.

Since bursting onto the scene, Tamadoge has gone from strength to strength and solidified itself as one of the best meme coins to invest in. This has been bolstered even further by the recent release and success of the 'Tamadoge Arcade', which now offers three games.

As per the projects whitepaper, the Tamadoge development team isnt resting on their laurels with the success of the arcade. Instead, the team is gearing up for the long-awaited release of the Tamadoge-themed augmented-reality (AR) app. This app will allow users to view and interact with their Tamadoge Pets in real-life and even battle with other community members!

At the time of writing, the price of TAMA is hovering around the $0.0138 level meaning tokens are still trading at a discount relative to October's all-time high. Investors interested in buying TAMA can use centralised exchanges (CEXs) like OKX, BitMart, or Gate.io to purchase tokens using crypto or FIAT instantly.

Those looking to learn more about the Tamadoge project can join the official Telegram channel.

3. Dogecoin (DOGE) Extremely famous meme coinDogecoin is often cited as one of the best meme cryptocurrencies to invest in and its easy to see why! This project is what really kickstarted the meme coin craze and entered the mainstream through mentions by well-known names.

Since exploding onto the scene in 2021, the hype around Dogecoin has died down somewhat but many still believe it represents the 'cream of the crop'. This is because DOGE is one of the few meme coins that have become adopted as a payment method, with over 2,100 merchants worldwide now accepting it.

4. Dogelon Mars (ELON) Well-known meme token that benefits from market hypeAs its name implies, Dogelon Mars is a meme coin based on Dogecoin and Elon Musk two of the most talked-about topics in crypto space. As a self-defined "interplanetary currency", Dogelon Mars doesn't shy away from the fact that it has no real-world utility, yet it has still attracted a considerable community base.

This is because of the team's slick marketing, which saw 50% of the ELON supply sent to Ethereum co-founder Vitalik Buterin as a gift. Although Buterin went on to donate these tokens, the buzz around this guerrilla marketing tactic helped launch Dogelon Mars into the stratosphere.

5. Samoyedcoin (SAMO) Samoyed-themed coin with a successful NFT collectionSamoyedcoin was the first project to bring the meme coin craze to the Solana blockchain. The main aim of this project is to act as an ambassador for Solana, helping onboard users and educating them on navigating the blockchain.

Aside from this, Samoyedcoins team has also launched its own NFT collection, dubbed SAMO NFTs. These NFTs have become a hit on the Solana blockchain and have attracted over 1,453 SOL ($270,000) in total trading volume since their launch.

6. Shiba Inu (SHIB) well-rounded meme coin with valuable use casesShiba Inu needs no introduction, as along with Dogecoin, it represents the pinnacle of the meme coin movement. The SHIB price reached an all-time high of $0.000088 in October 2021, yet it is now trading around 87% lower than that point.

However, Shiba Inu's team has yet to be deterred, building some compelling use cases for the project. These include ShibaSwap, a DEX that allows token swapping and staking, and Shibarium, a Layer-2 scaling solution designed to offer quicker and cheaper SHIB transfers.

7. Floki Inu (FLOKI) Popular meme project named after Elon Musks dogFloki Inu is yet another meme coin with ties to Elon Musk this time due to its name, which is a play on what Musk named his own Shiba Inu dog. Using this as leverage, Floki Inu's team has built a large ecosystem with several exciting features.

The main feature is Valhalla an immersive metaverse game whereby users can create avatars and earn FLOKI tokens. Another widely-used feature is FlokiFi, which is the ecosystems native DEX and can be used for staking, token swapping, and yield farming.

8. Baby Doge Coin (BABYDOGE) Top meme coin for earning passive incomeBaby Doge Coin is the final entry on this list of meme coins that will explode. As its name suggests, Baby Doge Coin is a spin-off of Dogecoin, yet it isn't directly linked to it merely using its name as leverage.

BABYDOGE is built on the Binance Smart Chain (BSC), offering transaction speeds that often exceed Ethereum-based meme coins. Its main feature is a deflationary mechanism that reduces the token supply over time, making the remaining tokens scarcer and more valuable.

Top meme coins to buy Final ThoughtsTo summarise, this article has discussed eight of the top new meme coins in 2023, covering what they are, how they work, and why investors are buzzing about their prospects.

Leading the way in this regard is Love Hate Inu a brand-new meme coin project with built-in utility. Using the Love Hate Inu platform, users can earn LHINU tokens and create an income stream simply by participating in polls.

As one of the newest meme coins on the market, Love Hate Inu is still in its presale phase. However, early investors can get involved today and buy LHINU tokens for just $0.000085 a 70% discount on the future exchange listing price!

Disclaimer - The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

See original here:

8 top meme coins to buy in 2023 - The Economic Times