6 best meme coins to invest in September 2023

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Shiba Memu is a revolutionary meme coin that harnesses the power of AI software to learn from successful marketing strategies and effectively promote itself across various forums and social networks. As Shiba Memu continues to evolve, the token becomes increasingly intelligent and influential to establish itself as a prominent player in the cryptocurrency market.

Shiba Memu is one of the best cryptos to buy in 2023 and brings a range of advantages, including return on investment, self-sufficiency, and transparency. By leveraging the potential of AI to augment its marketing capabilities, Shiba Memu works 24/ to learn from successful strategies, improve them, and promote itself across a range of media.

Shiba Memu stands out from other projects in a crucial way; the token’s price increases every day at 6 pm GMT during its 8-week presale. Although the extent of the price increase may vary, the token’s value is projected to more than double throughout the presale.

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Dogecoin is a cryptocurrency that originated as a lighthearted and meme-inspired digital asset, featuring the Shiba Inu dog from the “Doge” internet meme as its logo. It’s the original meme coin, and now serves as a digital currency that can be used for various online transactions.

Despite being created as a playful and fun crypto project, Dogecoin has gained significant popularity, partly due to its meme origins but also because of high-profile endorsements, most notably from Elon Musk. This has made it recognisable and even led to it being accepted by online platforms and merchants, such as Tesla (at least in theory).

DOGE, like other meme coins, is most commonly used for tipping content creators and supporting charitable causes, but it can be used to make online purchases as well. The vast majority of DOGE holders own it as a speculative investment, hoping to profit from potential price appreciation in the future.

Another canine-themed cryptocurrency, Shiba Inu was launched in August 2020 by an anonymous person known as Ryoshi. The project is described as an ‘experiment in decentralised spontaneous community building.’ The token has also been declared the ‘Dogecoin killer’ by the Shiba Inu developer team.

Following in the footsteps of Dogecoin, Shiba Inu token has managed to latch onto a lot of the meme coin hype driven by Musk. In fact, before his Saturday Night Live TV appearance in 2021, the coin surged in value by more than 300%, so a single Shiba Inu token was worth $0.0000034, at that point it’s all time high, demonstrating its potential for lucrative gains.

Running on the Ethereum blockchain, the Shiba token has secured major listings on both Binance and Coinbase. In addition, the project’s very own decentralised exchange (DEX), ShibaSwap, has become a popular place to exchange tokens, stake SHIB coin, and farm for BONES – a new token.

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Baby Doge Coin was created by fans within the Dogecoin community, and its stated aims are to improve transaction speeds and increase ‘adorableness’. It’s essentially a Dogecoin-lite, trying to ride on the coattails of its better-known namesake.

BabyDoge has a 5-second block time compared to Dogecoin’s 60 seconds, meaning it is more scalable and gas fees are generally cheap. However, whether BabyDoge can ever truly emerge from under the shadow of DOGE remains to be seen.

Baby Doge Coin is a hyper-deflationary meme coin with an integrated smart staking system. Essentially, what this means is that more BabyDoge is added to each holder wallet over time, through a 5% fee on transactions.

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Dogelon Mars is a meme coin named after Elon Musk and his mission to take mankind to Mars. When it was launched in April 2021, the coin’s maximum supply of 1 quadrillion ELON coins was distributed – 50% to Ethereum founder, Vitalik Buterin, and 50% locked into the Uniswap liquidity pool.

Though Dogelon Mars promises to create an ‘intergalactic currency,’ the sort of vague mission statement that investors and traders have come to expect from meme coins.

While obvious use cases, tokenomic advantages, and technical innovation aren’t strong suits for ELON, where the project has excelled has been its marketing strategy. Using WhatsApp, Telegram, Twitter and Instagram, the project has managed to establish a 650,000+ strong community.

If you prefer Samoyeds to Shiba Inus, SAMO could be the meme coin for you. Samoyedcoin is the meme coin of the Solana blockchain, aiming to be ‘community-owned and fun.’

The coin’s obvious inspiration is Dogecoin, though it opted for a Samoyed because it is the dog breed owned by Solana’s cofounder, Anatoly Yakovenko. Many of the top cryptocurrencies that run on Solana are quite technical, and they don’t appeal to the general population because of this. Samoyedcoin aims to be a more accessible, simpler pathway to entry for investors to get involved in the Solana ecosystem.

Of the 14 billion maximum supply, 2.1% were burnt at launch in April 2021, with a further 64% set to be burnt This means supply should be reduced over time, which could drive the price of SAMO up.