It’s been an excellent week for crypto investors, with Bitcoin (BTC) breaching $60,000 and heading towards its all-time high. The positivity around Bitcoin has spilled over into the meme coin market, with most tokens seeing sizable price pumps.
This article will discuss 7 of the top meme coins to buy during the ongoing bull run – all of which could post even higher returns if the current cycle continues.
1. Scotty the AI (SCOTTY)
Topping our list of the best meme coins to buy is Scotty the AI (SCOTTY).
Scotty the AI is an Ethereum-based project that combines AI elements with meme coin humor. Moreover, the project allows token holders to generate passive income.
This passive income comes in the form of staking rewards, currently at 122% per year.
Alongside staking rewards, Scotty the AI will debut two tools, ScottyChat and Scotty Swap. These tools use AI technology to streamline crypto trading activities.
With the project also having been audited by Coinsult, Scotty the AI has a degree of credibility that most other new meme coins lack.
The project’s presale has already raised over $1 million in funding. Early investors can buy SCOTTY tokens at the discounted price of $0.0060.
Visit the Scotty the AI Presale
2. Smog (SMOG)
Next up is Smog (SMOG), a dragon-themed meme coin hosted on Solana.
Smog debuted on the Jupiter DEX earlier this month via a fair launch and immediately rocketed in value.
Between February 7 and February 10, SMOG’s price soared over 3,900% – and more than 30,000 wallets now hold the token.
Although SMOG’s price has pulled back since then, the token looks to be on the brink of another upward leg, rising 18% in the past day.
Investors are buzzed about SMOG’s ongoing airdrop campaign, where large token distributions are given to holders of other meme coins, like Bonk (BONK) and Samoyedcoin (SAMO).
With the project also benefiting from a rapidly growing online community, SMOG is another meme coin poised to benefit from the bull market.
3. Sponge V2 (SPONGEV2)
Sponge V2 (SPONGEV2) is the second iteration of the super-popular SPONGE token, which exploded in May 2023.
SPONGEV2 migrated to the Polygon network earlier this month in a move that was warmly received by the meme coin community.
Almost immediately, the token’s value began soaring – up 162% from its initial price.
More than 50,000 people now own SPONGEV2, giving the token a market cap of $58 million.
Looking ahead, the project’s developers are gearing up to launch a play-to-earn (P2E) racing game sometime this year, giving investors a reason to buy and hold SPONGEV2 long-term.
Combine this with the high staking rewards on offer, and it’s clear why so many believe the token could be on the brink of its bull run.
4. Frog Wif Hat (FWIF)
Frog Wif Hat (FWIF) is a unique meme coin initially hosted on Ethereum, yet it will migrate to the Solana blockchain during Phase 2 of its roadmap.
As its name suggests, Frog Wif Hat looks to leverage the hype around the Dogwifhat (WIF) meme coin, which has achieved enormous success in the past two months.
Featuring a hilarious frog mascot holding a baguette, FWIF has already begun generating traction on Twitter and Telegram.
All 1 billion FWIF tokens are already in circulation, and liquidity has been locked on the Uniswap DEX.
This prevents a dreaded rug pull from occurring – giving investors peace of mind that they’re in it for the long haul.
With the Solana migration on the horizon, FWIF is another under-the-radar meme coin investors may wish to watch.
5. Floki (FLOKI)
Another of the best meme coins to buy is Floki (FLOKI), which has surged 65% in the past week.
FLOKI is now the fifth most-traded meme coin in the world, boasting 24-hour trading volumes of $307 million.
The main reason for the renewed hype is that DWF Labs announced plans to invest $10 million in FLOKI tokens.
Meme coin investors have viewed this bullishly since DWF Labs also invested $5 million back in May 2023.
With this vote of confidence pushing FLOKI back into the limelight, it could be another meme coin that benefits from the market positivity.
6. Coq Inu (COQ)
Coq Inu (COQ) is a low-cap meme coin hosted on the Avalanche blockchain.
The main reason for the buzz around COQ is that it’s the first meme coin to make its mark on Avalanche.
COQ soared to an all-time high of $0.0000042 on December 20, translating to a peak market cap of $262 million.
Although COQ’s price has dropped since then, the token still benefits from a growing community of backers on social media.
Given the hype around non-Ethereum meme coins, COQ is well-positioned to resume its bull run if buying demand picks back up.
7. Pepe (PEPE)
The final entry on our list of the best meme coins to buy during the crypto bull run is Pepe (PEPE).
PEPE has recently been in the spotlight after Binance launched a massive promotional campaign for its Simple Earn protocol.
This campaign has led to enormous demand for PEPE – briefly making it the most-traded meme coin in the world.
The buying demand also translated to price gains, pushing PEPE to its highest value since May 2023.
With the token’s all-time high now in reach, PEPE presents an opportunity for those looking to capitalize on the current crypto market momentum.
DISCLAIMER: THIS IS A SPONSORED ARTICLE