The meme coin concept has undergone many upgrades since its inception. What once was a sarcastic take on the crypto community is now leading the market with unparalleled community support.
Meme coins are not just speculative investments anymore. They serve a variety of utilities across different sectors, from facilitating real-world payments to tipping and rewarding play-to-earn users. As they integrate more utilities, the future looks bright for meme coin investors.
Here are five meme coins that have the highest long-term growth potential in the coming years.
1. Tora Inu (TORA)
Tora Inu has been making headlines over the last few weeks. The project’s ongoing presale is attracting a massive influx of investors, who are stocking up on TORA in anticipation of a 100X jump next year. The prediction is not far-fetched, given that the project introduces one of the most promising crypto roadmaps.
Tora Inu’s long-term goal is to build a vibrant play-to-earn ecosystem, tapping into the meme coin, NFT, and metaverse trends. Some of its key upcoming milestones include the launch of a core skill-based play-to-earn game, additional mini-games with NFT integrations, lottery mini-games, and an NFT marketplace.
Interestingly, the play-to-earn games will focus on the gaming performance, more than the initial capital investment. This goes a long way in building a loyal user base for the game. In addition to these, the ecosystem features deflationary tokenomics and a native staking mechanism that consistently accrues value for long-term investors.
2. Dogecoin (DOGE)
Dogecoin remains a blue-chip crypto, thanks to godfather Elon Musk, who advertently and inadvertently pumps the meme coin through his tweets. DOGE recently took an upturn, cashing in on Musk’s acquisition of Twitter. Although the coin is 80% down from its all-time high, it is predicted to recover much of the value sooner or later.
Once the general crypto market recovers from the long-drawn winter and the meme coin expands its use cases, DOGE is predicted to follow an upward trajectory. The rally will be further catalyzed if Musk announces new DOGE integrations and more companies follow suit.
3. Shiba Inu (SHIB)
Shiba Inu has also been taking advantage of Twitter’s recent change of hands. The meme coin has climbed 30.5% in the last 7 days. Yet, it is 85% down from its all-time high. In other words, SHIB has high growth potential, if it sticks to its long-term goals.
In a market swamped with meme coins, Shiba Inu will have to put more effort into expanding its payment integrations and use cases. The team is currently working on launching a metaverse powered by non-fungible tokens (NFTs) and Shibarium, a layer-2 scaling network.
4. Tamadoge (TAMA)
This list is incomplete with Tamadoge, the crypto sensation touted as the new-gen meme coin. Tamadoge combines the meme coin, play-to-earn, and metaverse concepts to build a one-of-its-kind Web3 ecosystem. The platform’s focus on fuelling engagement gives it a competitive edge in the crowded market.
For example, Tamadoge investors and users are eagerly waiting for the launch of a native AR app, which is expected to go live next year. TAMA is predicted to become the next big crypto.
5. Floki Inu (FLOKI)
We wrap up this list with Floki Inu. Although FLOKI is 96.5% down from its all all-time high, it seems to be back on track. The meme coin has climbed 74.7% in the last seven days. While much of the upward swing has got to do with the recent surge of interest in meme coins, Floki Inu’s ambitious roadmap is also to thank.
Floki Inu has an NFT gaming metaverse called Valhalla, an NFT and merchandise marketplace called FlokiPlaces, and an education platform called the University of Floki in the offing.
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