Christmas is the best time to invest in cryptocurrencies like meme coins. These digital assets have become a global phenomenon due to their unique designs, concepts, and the people backing them. You can buy meme coins on most crypto exchanges on the internet to increase the value of your financial portfolio.
Meme coins are trending throughout financial markets to lure new investors. Cryptocurrencies are known for being easy to transact, protecting the sensitive information of their users from cyberattacks and fraud. The low price of meme coins and its growing rise in market capitalization have been the driving factors behind the success of meme coins. Many crypto traders are considering investing their money in digital tokens to be a part of the conversation on social media platforms.
Take a look at the best meme coins you can purchase before Christmas this year.
Dogecoin
Dogecoin was introduced to the world as a cryptocurrency in 2013. It was launched by former software engineers who worked at IBM and Adobe. Known as the first meme coin, Dogecoin ($DOGE) has been trending in crypto exchanges for its creative logo and accessibility.
A majority of crypto traders are investing in Dogecoin to bet on digital tokens in online casinos. Table games like blackjack and roulette accept Dogecoin for bets on certified gambling websites. Recently, netizens have earned loads of profits by winning casino games with Dogecoin on their mobile phones. It is among the largest digital currencies available online.
The unlimited supply of Dogecoin has urged crypto traders to take an active interest in the cryptocurrency. Its rise in value over the past few years is credited to the emerging coin pairs that have included Dogecoin as a tradable option for crypto and fiat currencies. The target block time of Dogecoin is 1 minute, making it faster to mine Dogecoin compared to cryptocurrencies like Bitcoin and Litecoin.
In November 2024, Super Doginals, a new browser-based game was launched. The beat ‘em up game was inspired by the meme coin, Dogecoin, and provides a co-op mode with up to 4 players. Gamers can choose between 3 characters to fight enemies and mercenaries in Super Doginals. The recent increase in active gamers playing Super Doginals has hiked the price of Dogecoin to a 3-year high of $0.4 per token. Be sure to buy Dogecoin tokens by the end of the year to celebrate Christmas using the cryptocurrency.
Shiba Inu
Shiba Inu is a top contender for the best meme coin in 2024. It is an Ethereum-based token that is valued at $0.000025 on crypto markets. Team members belonging to the Shiba Inu ecosystem built a crypto exchange called SHIBASWAP with 2 new tokens. You can buy digital tokens of Shiba Inu ($SHIB), BONE TOKEN, and LEASH, on the SHIBASWAP platform.
More than $1 billion worth of Shiba Inu tokens are being traded on a daily basis on crypto exchanges. The sheer volume of $SHIB tokens that are in circulation is providing various opportunities to trade the meme coin for other cryptocurrencies that have a higher valuation. It reached an all-time high of $0.000086 on October 28, 2021.
The developers at Shiba Inu are optimistic about the new US President, Donald Trump, declaring crypto-friendly policies for America. Shytoshi Kusama, a blockchain developer working for Shiba Inu has pleaded Donald Trump to hire an advisor for cryptocurrencies for the new American administration. Donald Trump is reportedly speaking with experts in the crypto industry including Elon Musk about the future of cryptocurrencies, non-fungible tokens (NFTs), and meme coins.
Vitalik Buterin, the co-founder of Ethereum, donated over $665 million worth of Shiba Inu tokens to the Future of Life Institute. His contributions will be integral to the progress of artificial intelligence (AI) and reducing the risk of AI for the general use of netizens. Financial analysts are predicting that an investment of $1,000 in the meme coin, Shiba Inu, could be doubled in value in less than 3 months. These investments might be more valuable than buying Dogecoin tokens during the holiday season.
Bonk
Bonk is a meme coin built on Solana. There are several groups of talented developers who have integrated Bonk ($BONK) into a wide range of applications and protocols to connect with Web3 networks. Over 770,000 people have bought Bonk tokens since its launch in 2022.
Applications like Moonwalk provide Bonk tokens to people to gamify their fitness routines. You can make new friends on Moonwalk to pool cryptocurrencies together while completing fitness goals on time. People on mobile gaming devices like their smartphones can track their footsteps using the Moonwalk app to get daily deposits of Bonk tokens into their digital wallets.
Crypto traders can get involved with the BONK Rewards program to earn cryptocurrencies. You can lock your $BONK tokens for a duration of 1-12 months for increased benefits. Locked investments can yield up to 3 times the amount of $BONK tokens based on the duration.
Online portals like BONKbets allow users to place bets with $BONK tokens. Basketball, tennis, golf, and boxing, are a few of the sports events that you can bet on to win Bonk as rewards. Crypto betting on sports competitions is verified within 10 minutes and any $BONK winnings are immediately transferred into your account for withdrawals.