The BNB Chain ecosystem continues to innovate and support promising projects. Today, we are happy to announce the best BNB meme coins to buy in 2024.
Let's first know what are BNB Meme Coins?
BNB meme coins are highly volatile and are increasingly popular among speculative traders. After all, BNB recently surpassed a market cap of over $105 billion â its highest ever. Similar to other ecosystem coins, BNBâs recent success is being channeled into secondary tokens on the BNB chain.
This is the native blockchain network powered by Binance. According to CoinMarketCap data, the total value of all cryptocurrencies on the BNB Chain is over $300 billion. However, BNB meme coins can refer to several different types of projects. For example, some meme coins are native to the BNB Chain. This means that they were built exclusively for the BNB ecosystem.
We will talk about some of the coins in the list of meme coins on the BNB chain.
The first one is
1- RichQUACK ($QUACK)
Launched in 2021, RichQUACK has developed a âhyper-deflationaryâ mechanism that automatically rewards its long-term holders. So, every transaction in the ecosystem generates a 12% tax. Letâs say $1,000 worth of QUACK tokens are in circulation. That means $120 is taxed and allocated across different pools.
This includes paying a 4% dividend to existing token holders. Another 4% is sent to the QUACK/BNB liquidity pool â ensuring smooth trading conditions and a specific total liquidity locked for buyers and sellers. 2% is automatically sent to the burn wallet, reducing the circulating supply. Finally, 2% of the taxable transaction goes to the marketing wallet.
According to CoinMarketCap data, RichQUACKâs market cap is just over $28.96 million. However, $829,000 was traded in the previous 24 hours â a 39% increase from the previous day.
However, QUACK tokens have changed by +24.66% in the previous 12 months. QUACK is down 97% from its all-time high price â which was achieved in December 2021.
2-Floki ($FLOKI)
A memecoin that has distinguished itself in the crypto space with its unique blend of community focus, utility, and charitable initiatives. With a Viking-inspired community, Floki aims to expand its popularity beyond just trading and memes. It has created a comprehensive ecosystem that includes a 3D NFT metaverse, DeFi tools, educational content, NFTs, and a merch store. The project places a strong emphasis on philanthropy, committing to building schools around the world, starting with locations in Guatemala and Nigeria. Available on both the Ethereum and BNB chains, Floki boasts a circulating supply of 9.57 trillion tokens out of a total supply of 10 trillion. The project includes a 0.3% trading tax on decentralized exchanges and has implemented token burns to reduce supply and potentially increase value.
* In terms of market performance, Floki has seen a 287% gain over the past year, bringing its market cap to $1.54 billion. Despite facing challenges such as regulatory scrutiny in certain regions, Flokiâs commitment to real-world utility and global philanthropy has kept investor interest alive. The coinâs ability to tap into meme culture while providing tangible benefits through its ecosystem components sets it apart from many of its peers. As the cryptocurrency market grows in value and popularity, Flokiâs approach of blending internet culture with practical applications and philanthropy positions it as a noteworthy player among meme coins in 2024.
3- Simonâs Cat ($CAT)
Simon's Cat is a beloved animated series created by British illustrator Simon Tofield in 2008, depicting a mischievous cat who often finds himself in funny situations while trying to attract his owner's attention. Now, Simon's Cat has entered the crypto world with its own official token on the BNB Smart Chain, allowing fans and crypto enthusiasts to connect with the brand in a new and innovative way.
4- Baby Doge Coin (BABYDOGE)
Launched in June 2021, Baby Doge Coin (BABYDOGE) has quickly emerged as a major player in the crypto space, taking inspiration from its âdigital parent,â Dogecoin. Built on the BNB chain for fast transactions and low gas fees, Baby Doge aims to impress with its hyper-deflationary mechanism that directly rewards holders, boosting its appeal and utility within the crypto community. The projectâs mission extends beyond the digital world, focusing on helping dogs in need and showcasing a blend of crypto innovation and social impact. Baby Doge has seen gains of over 107% over the past month.
* Baby Doge Coin has been performing remarkably, with its market cap soaring throughout 2023. By early 2023, BABYDOGE had seen a remarkable 345% year-to-date increase, driven by a combination of factors, including increased decentralized exchange volume, DeFi activity, and visibility on Binanceâs trending list, despite not being listed for trading on Binance itself. This surge in interest and value propelled Baby Doge Coin into the top 80 crypto assets by market cap. One notable development for the project was the launch of a community token burn portal, where the team promised to burn additional tokens in response to the community burn, further increasing interest and investment in BABYDOGE.
5- Dogecoin ($DOGE)
Originally created in 2013 as a parody of cryptocurrencies, Dogecoin has now become a force to be reckoned with in the market. What was once considered a joke has transformed into a symbol of a community-driven digital currency. The adorable Shiba Inu dog logo and Dogecoin meme references have won the hearts of investors and internet enthusiasts alike.
Dogecoinâs enduring popularity can be attributed to its strong community, which actively participates in social media campaigns, charitable projects, and fundraising initiatives. Notable events such as the Dogecoin communityâs sponsorship of NASCAR driver Josh Wise in 2014 and the recent involvement of high-profile figures like Elon Musk have propelled the coin into the mainstream.
SpaceX launched the Dogecoin-1 Moon Mission, fully funded by Dogecoin, in Q1 2023, further boosting its utility and market presence. One of the main reasons we are bullish on Dogecoin is the strong community support it has, which continues to grow globally. Rumors that Twitter is accepting Dogecoin as a payment option after Muskâs acquisition have sent its price soaring, demonstrating the communityâs influence on its valuation.
#FLOKI
#DOGE
REFERENCE LINKS:
https://www.binance.com/en/markets/spot_margin-USDT
