The Good Tech Companies - The Top 5 Memecoins of 2024 Are Ones You Probably Weren't Paying Much Attention To

Episode Date: December 31, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/the-top-5-memecoins-of-2024-are-ones-you-probably-werent-paying-much-attention-to. Among all... the funny coins, some star performers reached unexpected highs in 2024. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #meme-coins, #floki-coin, #mog-coin, #how-to-create-memecoin, #obyte, #top-meme-coins-of-2024, #good-company, #hackernoon-top-story, and more. This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com. Memecoins are here to stay, even if it’s just for fun and giggles. People and companies are buying memecoins, for whatever reason, causing their prices to go to the moon. Of course, among all those funny coins, some star performers reached unexpected highs in 2024.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. The top 5 meme coins of 2024 are ones you probably weren't paying much attention to, by Obite. Meme coins are here to stay, even if it's just for fun and giggles. However, at this point, it's actually not just for fun, but also for investment. People and companies are buying meme coins, for whatever reason, and that's causing their prices to go to the moon, a simple cause and consequence effect. We can't say this is true for all memecoins available, but general figures are looking nice. According to CoinMarketCap, CMC, the total market capitalization of memecoins has increased by over 290% in 2024. This includes more than 3,500 different meme coins, traded in different
Starting point is 00:00:47 markets. Of course, among all those funny coins, some star performers reached unexpected highs in 2024. Let's explore here who were the meme coin winners, their records, and what they have to offer. What's the fuss, then? Floki, F-L-O-K-I. The famous businessman Elon Musk has declared himself a fan of Dogecoin, Doge, but, in 2021, he announced on Twitter, X, that his new Shiba Inu puppy would be named, Floki. Developers quickly took action, leading to the creation of an Ethereum-based token named F-L-O-K-I soon after. It was just a meme about it in the beginning, featuring a Shiba Inu wearing a Viking hat. Floki has greatly evolved into a whole ecosystem
Starting point is 00:01:31 since then, though. Now we can also find this token on the Binance Smart Chain, BSC, and it's available to trade on around 48 crypto exchanges. To be fair, the reason for its popularity isn't just the fun. Floki offers a wide ecosystem that includes a play-to-earn, P2E NFT metaverse, a tokenization platform, DeFi features, Enth collections, merchandise, a crypto education platform, a trading bot, a name service, and even a prepaid debit card that supports 8 chains. They've also participated in several charity initiatives and, unlike any other coin in this list, it has something that resembles a real white paper. The result of their efforts this year was a market cap of over $1.6 billion,
Starting point is 00:02:16 an increase of over 609% in price. Which, by the way, is still in the zeros per run at $0.00016, mainly because the currency has a total supply of 10 trillion. Whether it has further room to grow or not remains to be seen, at least as far as price is concerned. Dog Whiff Hat, WIF. Remember how the previous meme coin had some real utility? Good times. On the contrary, this one is, quoting, literally a dog with a hat. Based on Solana and with a crappy website detected as malvertising by Avast, this token was launched in November 2023. For some reason, it's available to trade on around 33 centralized crypto exchanges, CEX, against USD. Apparently, developers only created a
Starting point is 00:03:03 photograph of a Shiba Inu puppy wearing a small knitted hat as a logo. They promised a hat generator to change the type of hat on the puppy, and that's pretty much it. No NFT marketplace, no DeFi features, no roadmap, no team, no clear goals. Just a puppy meme in all its glory, and a hat, condensed in a Solana-based token. No other chains, either. WIF has a market cap of $1.9 billion, a price of $1.9, and a supply of 998.9 million tokens, its value increased by 1,506% back in August, when the price was at $3 per unit. It makes you wonder why you're not making your own joke money. This is, of course, a very risky investment, if you're considering it as an
Starting point is 00:03:51 investment. Pepe, Pepe, Pepe the Frog is a very well-known character created by American cartoonist Matt Fury. This green anthropomorphic frog has been a constant in crypto since at least 10 years ago, starring crypto memes and its own set of exclusive trading cards on Counterparty, the rare Pepis. However, it didn't get its own memico in until April 2023, when the token Pepe was born on Ethereum. Their developers describe this meme coin like this greater than, Pepe is tired of watching everyone play hot potato with the endless greater than derivative Shiba Kum GM Elon Kishu Turbo Ass Floki Moon Inu Coins. The Inus have had greater than their day. It's time for the most recognizable meme in the world to take his greater than reign as king of the internet. Quote ellipsis, and they promise to
Starting point is 00:04:38 make memecoins great again. Then, they proceed to warn that this token has no relation at all with Matt Fury, and it's completely useless. That's another quote, actually. The coin is completely useless and for entertainment purposes only. At least we can say they were honest. Similar to WIF, Pepe doesn't offer a real utility. Despite this, the meme coin can be found to trade in 9 CEXs and it's holding a market cap of $7.6 billion. It reached a peak growth in price of over 1,690% in 2024, and it's currently at $0.0000018 per unit. Again, no wonder when the supply is $420 trillion. Popcat Sol, P-O-P-C-A-T, a domestic short-haired cat named Oatmeal, was chirping at a bug in
Starting point is 00:05:26 October 2020, and its owner thought it'd be funny to upload photos of it on Discord. The kitty opening and closing its mouth was soon turned into a gif that went viral, and that's how the Popcat meme was born. In December 2020, a game called Popcat, Click, was launched as well by some college students. In this game, you just need to click on the oatmeal image to open and close its mouth, and that's it. There's a global leaderboard ordered by country. The homonymous meme coin isn't much different from the original meme and game. Launched in December 2023, Popcat is a Solana-based token with a supply of 979.9 million units. Its website is another version of the
Starting point is 00:06:06 PopCat. ClickGame, depicting a total of over 295,7 million feet pops, clicks to open the cat's mouth, with Russia, Poland, and Belgium as leader countries of the game. And that's it, that's all the MeanCoin is offering. Just like Pepe before, the team warns that the coin has no intrinsic value or expectation of financial return. Not paying any mind to that bit, at least 10 centralized exchanges have listed this Memecoin. To date, Popcat has a market cap of $754.3 million, a price of $0.76 per token, and a record growth of over 6,031% in 2024. The team isn't making any plans, though. MogCoin, Mog, the name comes from, A-M-O-G, alpha male of the group, and the derived
Starting point is 00:06:54 verb, Mog, which is internet slang to say that someone is more attractive or superior to theirs. MogCoin is described as the, internet's first culture coin, but it focuses on pushing its users to be the best ones at everything. Indeed, the currency's white paper is only one page stating this, be a fucking winner. W I N A T everything you do. This meme coin was released in the summer of 2023 as an Ethereum token with a supply of 390.5 trillion units. They use the Joy-Cat emoji as a logo, and other than the fun itself, they at least offer physical merchandise available for most of Europe, Australia, New Zealand, Hong Kong, Singapore, Israel, Japan, South Korea, UAE, and North America. Besides this, their website also has an image editor, Mogme, to include different emojis in
Starting point is 00:07:45 your photos. Their disclaimer is pretty honest and it could be used with any other memecoin as well greater than, $MOG is a crypto coin with no intrinsic value or expectation of financial greater than return. Just because some people are getting ridiculously rich buying crypto greater than doesn't mean you definitely will. MOG is to be used strictly for getting laid greater than and for entertainment purposes only. In the meantime, MOG has a market cap of $830.9 million, a price of barely $0.00002123 per token, and it's available in 4 CEXs. Against all odds, it was the best meme coin performer of 2024, gaining up to 11,699. 5% in price since ETH beginning. MOG's community is buying and holding. Why, who knows, to be a fucking winner? Why not launch your own meme coin? As we've seen so far, meme coins are,
Starting point is 00:08:41 at the very least, a fun way to explore the crypto world. At most, they can even be a good investment, so why not build your own memecoin? If you're not a developer, coder and think it could be too complicated, you're wrong. In Obite, we have a way to do it in a few minutes, without coding or high fees. Using the Obite Asset Registry, anyone can create any kind of customized token, including Meancoins. You just need to fill out basic details like the token's name, supply, and description. Once that's done, pay a small fee of less than $1.01 GBYTE, Obyte's native currency, and your Meancoin is instantly created and live on-chain and in your wallet,
Starting point is 00:09:24 ready for promotion and use. Meme coins are unpredictable assets, often starting with no value but capable of gaining traction if they go viral. While their prices can be volatile, the process of making one is enjoyable and easy on Obite. Whether for fun, creativity, or experimentation, it's worth trying out this beginner-friendly platform to bring your ideas to life. Featured vector image by FreePic, warning editor's note. This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are speculative, complex, and involve high risks. This can mean high prices, volatility, and potential loss of your initial investment. You should consider your financial
Starting point is 00:10:01 situation, investment purposes, and consult with a financial advisor before making any investment decisions. The Hacker Noon editorial team has only verified the story for grammatical accuracy and does not endorse or guarantee the accuracy, reliability, or completeness of the information stated in this article. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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