Finding the best beginner crypto to invest in from a pool of over 20,000 coins and tokens can be quite overwhelming. At this point, when you have limited crypto trading and investing experience, you would want to avoid the overly volatile digital currencies. You are better off investing in coins with a proven history of uptrending price action, are resilient, have solid fundamentals, and have a promising future.

In this post, we discuss the best beginner crypto to buy today – a collection of the 10 best cryptocurrencies for anyone looking to kickstart their crypto investing journey. These are great additions to your crypto portfolio because both technical and fundamental analysis indicates that they will sustain their current uptrend.

The 10 Best Beginner Cryptos to Buy Right Now

Here is an outline of what our analysts believe to be the 10 best beginner cryptos to invest in 2023.

1. Bitcoin (BTC) –  Overall Best Beginner Crypto To Buy Today
2. Ethereum (ETH) –  Best Established Large-Cap Blockchain Crypto
3. Binance Coin (BNB) –  Fastest Growing Crypto To Buy For Beginners
4. Solana (SOL) –  Fastest Growing Beginner Crypto To Buy
5. Shiba Inu (SHIB) –  Best Beginner Crypto To Invest In For Short-Term Gains
6. Cardano (ADA) –  Most Undervalued Beginner Crypt To Buy Today
7. Decentraland (MANA) –  Best Metaverse Crypto To Buy For Beginners
8. Uniswap (UNI) –  Best Decentralized Exchange Token To Buy For Beginners
9. Polygon (MATIC) –  Beginner Token With A Promising Future
10. Cosmos (ATOM) –  Innovative Crypto To Hold Long Term

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Virtual currencies are highly volatile. Your capital is at risk

We review below each of these crypto projects in detail. We tell you why they are the best cryptos to buy for beginners, how they have performed in the past, and their expected future price action. We will also tell you where to buy these coins, how to identify the best beginner cryptos to invest in and provide you with a step-by-step guide on how to buy any of these coins.

A Closer Look at the Best Starter Cryptos to Invest in

Being a crypto beginner and investing in cryptocurrency doesn’t need to be complicated. All of the coins listed above can be purchased seamlessly using a laptop, smartphone, or tablet. Furthermore, many of them are still in the early stages of their life span – making them ideal for long-term investors.

All the best beginner cryptos we discussed here have a few things in common. For starters, they are easily accessible as they have listed virtually all the most popular exchanges. They are all growth assets, i.e., have an overall positive ROI and are expected to sustain an uptrending price action.

They can also be fractionally bought and traded, implying that you can put as little as possible or as much as you can into a coin – which allows for the establishment of a diversified portfolio.

Let us discuss these coins in detail and tell you why they are the best beginner crypto to invest in today.

1. Bitcoin (BTC) – Overall Best Beginner Crypto to Buy Today

Bitcoin tops our list of the best beginner crypto to buy because of two primary factors. First, Bitcoin is considered a low-risk investment, especially compared to most other crypto assets.

While its prices constantly fluctuate and operate in the highly unpredictable crypto market, Bitcoin is considered more resilient. Even when faced with the most devastating price crashes – often occasioned by government bans or other negative market news – Bitcoin eventually rebounds and races to new price records. It did this in 2013, 2017, and 2021 after bans by Chinese governments and is well on course to recover today.

Secondly, Bitcoin makes it to our list of best beginner cryptos to buy today because it has sustained an overall positive ROI. Despite the turbulent and wildly volatile price action, Bitcoin has consistently outperformed most other financial instruments – having rallied by more than a million percent in the last decade.

Moving forward, Bitcoin price prediction is expected to sustain its resilience and uptrending price action. For instance, the majority in the crypto community expect it to rally by as much as 4500% and reach $1 Million before 2030. And all these make it a valuable addition to any beginner crypto investor’s portfolio.

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2. Ethereum (ETH) – Most Promising Beginner Crypto to Invest in Today

Ethereum makes it to our index of best beginner cryptos to buy right now because of its impressive past price action and promising future. Launched in 2025 worth $0.30, ETH token prices rallied by more than 1630X to peak at $4890 in November 2021.

Like Bitcoin, ETH has maintained an overall positive ROI and has also proven its resilience. It has an ultra-fast rebound rate and recovers quickly from even the most volatile dips. In 2021, for example, the market crashed, and Ethereum shed as much as 60% of its early 2021 highs. But as soon as the late 2021 recovery started, the second most valuable crypto rallied 270% to its current all-time high in less than 3 months.

Today, there are multiple high-impact developments taking place in the Ethereum ecosystem. These range from transition to the PoS consensus mechanism and the expansion of multiple emerging crypto niches housed here, including NFTs, DEXs, meme coins, DeFi, dApps, and even Web3 programs.

These in-network developments have most analysts convinced that Ethereum is about to explode. That it is the most promising cryptocurrency to buy today and will most likely overtake Bitcoin as the most valuable and most useful cryptocurrency before the turn of the decade. They expect the Ethereum price forecast to rally by more than 6000% to break above $10,000 before 2030 – which adds to the reasons why it is one of the best beginner cryptos to invest in today.

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3. Binance Coin (BNB) – Fastest Growing Crypto to Buy for Beginners

Binance Coin is the native token for the Binance smart chain and the utility token for Binance – the largest and most liquid centralized exchange. It ranks this high on our basket of the best beginner crypto to invest in today because of its impressive past price action and a seemingly sustainable future.

Having been around for just 5 years, the BNB coin has become a top 5 cryptocurrency. During this period, it also rallied by more than 460000% – from an ICO price of $0.15 to its current highs of $690. Such an impressive past price action makes BNB one of the best crypto to buy for beginners who are looking to grow their capital in the background while they master the cryptoverse and learn how to trade.

BNB is also one of the best beginner cryptos because it has the backing of massively popular and sustainable crypto projects. Both the Binance exchange and the Binance smart chain are expected to continue extending their dominance and influence over the crypto markets – creating new use cases for the token and driving up its demand. Binance has also committed to consistently burning BNB coins which reduces their supply against a growing demand – further fueling BNB token prices.

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4. Solana (SOL) – Fastest Growing Smart Contract Platform to Invest in

Solana is the fastest-growing smart contract platform and one of Ethereum’s most formidable competitors. And there are a few reasons why it ranks this high on our index of best beginner crypto to invest in today. For starters, it is massively resilient and has performed exemplarily in the past – growing its value by as much as 130000% in less than 24 months to set the current all-time high of $260.

SOL tokens also feature among the best cryptos for beginners to buy because it has a hugely promising future. By the turn of the decade, SOL tokens are expected to have rallied by as much as 25000% to break above $10,000.

Analysts argue that much of this will be made possible by the growing Solana ecosystem, onboarding of more emerging technologies, growing community, and strategic collaborations. All of these are bound to increase the use cases for SOL tokens, further accelerating their value gain.

Solana price forecast has sustained an overall uptrend, and analysts agree the value of its tokens will continue rallying, making it an excellent store of value. This, plus the fact that the token is easily accessible, makes it one of the best cryptos to buy for beginners today.

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Virtual currencies are highly volatile. Your capital is at risk

5. Shiba Inu (SHIB) – Best Beginner Crypto to Invest in for Short Term Gains

Shiba Inu is the second most valuable and one of the most popular meme coins. It makes it to our index of best beginner cryptos to buy today because of its massive short-term earning potential. During the early 2021 crypto market rally, for example, Shiba Inu grew its meme coin and early SHIB token investor portfolios by more than 5 million percent.

Of course, we do not expect it to post such an incredulous gain in the foreseeable future. We, however, must observe that there are a lot of developments taking place in the Shiba Inu ecosystem that promise to have a wildly positive impact on SHIB token prices. These include the launch of the Shibaswap DEX, accelerated burning of SHIB tokens, the Shiba Inu Launchpad, and potential entry into the metaverse and play-to-earn niches.

All these, plus a recovering crypto market, are expected to impact the SHIB token’s short-term price action significantly. So will the net market rally – possibly in 2025 after the next Bitcoin halving event in 2024. And this informed our analyst’s decision to include Shiba Inu on the list of best cryptos to buy for beginners.

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6. Cardano (ADA) – Most Undervalued Beginner Crypto to Buy Today

Cardano is arguably the safest smart contract network available today. Both technical and fundamental analysts agree that the ecosystem and its ADA tokens are full of promise and will continue growing their value in the foreseeable future.

Some of its proponents are even confident that Cardano will eventually overthrow Ethereum as the go-to smart contract platform. But it still sells for pennies, which makes it one of the most undervalued crypto assets and one of the best beginner cryptos to invest in today.

Some of the factors expected to help Cardano sustain its resilience and uptrending ADA price action include the fact that it is working on expanding its ecosystem by integrating more emerging crypto technologies. Cardano is also consistently growing its number of followers and believers. But more importantly, the market is recovering, and adoption rates for blockchain and crypto technology are rising globally.

Cardano is also easily accessible as it is currently listed with virtually all the most popular crypto exchanges in the world. That it is undervalued further makes it one of the best cryptos to buy for beginners because it allows for the diversification of the crypto portfolio.

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7. Decentraland (MANA) – Best Metaverse Crypto to Buy for Beginners

There are three primary reasons why we rank Decentraland among the best beginner cryptos to invest in today. First, MANA is one of the cheapest crypto and easily accessible. MANA – The massively popular Decentraland metaverse tokens are still selling for a few dollars and have been listed with virtually every popular crypto exchange. This popularity says there is still enough demand for the altcoins, while the low price suggests there is still enough room for future value gain.

Secondly, Decentraland is resilient and performed exemplarily well in the past by sustaining an overall uptrend. In 2021, for instance, MANA tokens rallied by more than 7000% to peak at $5.90. Moving forward, MANA is expected to sustain this resilience and fast rebound rates.

Optimistic analysts and investors are also confident it can rally by 10000% to break above $100. Much of this growth will be made possible by revived NFT, P2E, and metaverse crazes alongside strategic collaborations and rising adoption of crypto technology.

Lastly, we feature Decentraland among the best beginner cryptos to buy because it presents you with multiple ways of growing your investment. For starters, you earn when the value of MANA tokens appreciates over time. You earn when you flip NFTs on the Decentraland NFT marketplace and when you create games and in-game items, flip virtual land, or simply participate in the many play-to-earn games integrated here.

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Virtual currencies are highly volatile. Your capital is at risk

8. Uniswap (UNI) – Best Decentralized Exchange Token to Buy for Beginners

Uniswap is the largest and fastest-growing decentralized exchange, and we feature it among the best beginner crypto to invest in and hold over the long term. On multiple occasions, Uniswap has been termed the best future cryptocurrency because of the revolutionary role the exchange is expected to play in the cryptoverse.

It is the go-to platform for investors looking to invest or trade crypto anonymously, and its popularity has been an uptrend. So far, Uniswap has attracted more than 3 million users who have traded crypto worth $1.1 Trillion on the exchange.

It also features among the best cryptos to buy for beginners because it is easily accessible, has performed incredibly well in the past, and is expected to post even higher value gains moving forward. By 2030, for instance, the UNI token is expected to have rallied by more than 7500% to tear above $600. And all these confirm why UNI is a great store of value and source of revenue for novice crypto investors.

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9. Polygon (MATIC) – Beginner Token with a Promising Future

Polygon is the ultimate layer-2 scaling solution. Though it is currently housed on Ethereum, it is a multi-chain protocol that will soon launch on other EVM-compatible networks. We consider it one of the best beginner tokens to invest in today because it is not only easily accessible and resilient but has a hugely promising future.

We start by observing that its MATIC tokens have posted a sustained uptrend in the three years that Polygon has been around. The number of on- and off-chain brands partnering with Polygon to scale their services on the ETH network and MATC’s popularity have also been growing steadily. All these helped it grow its ICO price by more than 110000% by the time it peaked in December 2021.

By 2030, some analysts believe Polygon will have extended its services across other networks. They are confident that Polygon’s popularity will have soared and that it will have partnered with many on- and off-chain industry leaders. And all these will serve to catapult MATIC token prices to unimaginable heights. By adding MATIC to your crypto portfolio today, these analysts are confident that MATIC will help blow your portfolio by as much as 5500% before 2030.

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10. Cosmos (ATOM) – Innovative Crypto to Hold Long Term

Cosmos is one of the most innovative blockchain technologies today. It seeks to solve the biggest challenge to the adoption of crypto technologies – interoperability – with the Inter Blockchain Communication Protocol. The IPC facilitates communication and data sharing between different blockchains – which makes it one of the most important cryptocurrencies of the future.

We feature Cosmos ATOM tokens among the best beginner cryptos to invest in today because we believe their value will continue skyrocketing in the future. We also feature them here because they are resilient, have performed exemplarily well in the past, and have the backing of a sustainable blockchain network.

This makes it one of the best cryptos for beginners who wish to invest long-term because, by 2030, ATOM tokens are expected to have reached $800. This implies that if you bought these tokens today, you stand to grow this investment by more than 7000%.

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Virtual currencies are highly volatile. Your capital is at risk

How To Choose The Best Beginner Crypto

When you have limited experience trading cryptocurrencies, you will want to only go for relatively safe cryptocurrencies. These cryptos should also have proved their resilience by performing exemplarily well in the past and having a hugely promising future.

Here are a few other elements that you should consider when searching for the best crypto for beginners:

• Strong growth potential: The best beginner crypto should have a hugely promising future. It should have proven its resilience and signal to sustain a positive value gain.
• Provide regular income opportunities: It is also important that your preferred beginner crypto provides regular income. This could be in the form of play-to-earn games, flipping NFTs, staking, lending, and even liquidity farming.
• Authentic project: The preferred beginner crypto should also have the backing of authentic crypto with strong use cases. It should derive much of its value from strong and growing use cases and not just community hype and celebrity influence.

Where To Buy Top Starter Cryptos Today

The best beginner cryptos we have discussed hereinabove are massively popular and, therefore, listed with virtually all the most popular crypto exchanges around. But if you are looking for the best platform to buy these digital currencies, we recommend registering with one of the following exchanges. They are beginner friendly, highly reputable, and safe.

• eToro – The most beginner-friendly exchange to buy crypto. eToro is highly reliable, has never been hacked, and integrates copy and social trading.
• Binance – Most liquid crypto exchanges. Binance processes more than $70 Billion worth of crypto daily. It lists a wide range of cryptocurrencies and is considerably easy to use.
• Coinbase – Best crypto exchange for user-friendliness. Coinbase allows you to buy cryptocurrencies instantly. It lists a wide range of cryptocurrencies and crypto trading pairs and is also massively liquid.

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How To Buy Top Starter Cryptos On eToro For Beginners

Most of the best cryptos for beginners are listed on the all-popular eToro crypto exchange, and you can invest in one or a couple of them with as little as $10. To help you get started, use the step-by-step guide we have detailed here:

Step 1: Register a crypto trader account with eToro

Open the official eToro website on your browser and tap on the “Join Now” icon. Complete the user registration tab that pops up by entering your personal details. The exchange will also ask about your trading experience and income source.

Step 2: Verify your identity

eToro is a multi-regulated exchange that requires all its platform users to verify their identity before they can start buying and trading cryptos.

Step 3: Deposit funds

Once the account is approved, log in and hit the “Deposit Funds” tab on the user dashboard. On the funding tab that pops up, tap on your preferred deposit method and follow the prompts to initiate a cash transfer.

Step 4: Choose the best beginner crypto to invest in

Click on the “Discover” icon on the user dashboard to reveal the supported asset classes, then choose “Crypto.” A list of cryptocurrencies supported on eToro will pop up. Choose one or a few best beginner cryptos to invest in.

Step 5: Buy the best beginner crypto

Hit the “BUY” option against the preferred beginner crypto. Use the trading tab that pops up here to customize the trade by setting the number of cryptos you wish to buy or the amount of fiat cash you wish to spend on the trade. Then hit “BUY” to initiate the transaction.

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Conclusion: Best Beginner Cryptos To Buy Today

Identifying and investing in the best beginner cryptos no longer has to be complicated. In this post, we have introduced you to what we consider the best cryptos to buy for beginners. We have pointed out each coin’s unique appeal to investors, told you why they are worth buying, and factors to consider when looking for the best beginner cryptos to invest in right now.

Do you want to jump straight to buying any of these coins? Follow the step-by-step guide that we have detailed above. It teaches you how to buy close to 100 cryptos on the all-popular crypto with as little as $10 in under 10 minutes.

FAQs

Which is the best cryptocurrency to invest in right now for beginners?

Bitcoin is the overall best crypto to buy for beginners to invest in today because it is considerably resilient and has a highly promising future. However, we have discussed nine other equally promising coins worth buying for beginner traders.

How much crypto should I buy as a beginner?

There is a standard limit to how much you should invest in crypto. Personal finance experts, however, advise beginners to commit between 1% and 40% of their portfolio to growth cryptos like BTC and Ethereum – based on their risk tolerance levels.

Which cheapest crypto is best to buy today?

In this post, we have discussed multiple lowly priced cryptos that are worth buying. However, if you are looking for the most undervalued crypto to buy today, we would suggest going for Cardano.

Which crypto has the most potential?

At the moment, Ethereum has to be the most promising cryptocurrency, especially when you take into account the large number of high-impact developments taking place in the Ethereum ecosystem.

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Meme coins were a major talking point and could prove to be one of the cryptocurrency industry’s hottest investment opportunities in the coming months. Admittedly, investor opinion is divided as to how long the meme coin trend will last, but as we shall see, these tokens could have more to offer than first meets the eye.

Meme coins are all the rage in the crypto market. These cryptocurrencies have taken the world by storm with popular public figures backing them for long term viability. While there are thousands of options, getting the best meme coins to buy can be a tad difficult especially if you are new to the space.

What are the top meme coins to buy today? This guide explores some of the top meme coins that will explode and the best platform to buy meme coins with low fees.

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Top Meme Coins to Buy Right Now

Choosing the best meme coin to buy is a little different than choosing mainstream tokens as we have to consider not only the technical particulars of a project but also its popularity and the likelihood that it will see a price run in the near future.

Of course, nothing is guaranteed, but our picks for the top meme coins of today are:

• Dogecoin – The Original Meme Coin And Musk’s favorite Cryptocurrency
• Shiba Inu – The Dogecoin Killer, Attracting The Big Whales
• Baby Floki – DeFi Token That Rewards Current Holders
• Akita Inu – Offers Cross-Chain Interoperability
• Samoyed Coin – The Solana’s Ambassador
• Monacoin – Best Meme Coin For Fast Online Payments And Tipping
• Dogelon Mars – Top Meme Coin With Great Growth Potential
• Dogedash – Popular Meme Coin Reward In Play-To-Earn Game
• Dogs of Elon – Best Meme Token For NFTs
• Hoge Finance – Auto-Staking Meme Token With Limited Supply

You can buy these top meme coins on the best crypto trading platform, eToro.

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Virtual currencies are highly volatile. Your capital is at risk

A Closer Look at the Best Meme Coins Today

The list of the leading meme coins below are worth considering adding to your portfolio.

1. Dogecoin – The Original Meme Coin And Musk’s favorite Cryptocurrency

One of the best cheap crypto coins is Dogecoin. DOGE is the original meme coin and is still benefiting from its connection with Elon Musk. In the past, Musk has posted cryptic tweets and expressed his desire to HODL Dogecoin. He has also vowed to launch a satellite funded entirely by Dogecoin, making it the “1st crypto in space.” The value of Dogecoin also surged by 10% when it was announced that Musk had acquired a majority stake in Twitter.

The reality is that Dogecoin still has the biggest online following of any other popular meme crypto token and if it continues to hold favor with Musk, then there is every chance we could see another major Dogecoin price prediction upswing in future. If you’re new to meme coins and looking to dip your toe in the water, then Dogecoin is arguably the best meme coin to buy.

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2. Shiba Inu – The Dogecoin Killer, Attracting The Big Whales

Shiba Inu is one of the best meme coins to buy for the long term. It’s also considered one of the most undervalued cryptos.

Shiba Inu emerged in 2020 and was self-styled as a Dogecoin Killer. Using the familiar Japanese dog breed as its icon, Shiba Inu made no efforts to hide its meme coin credentials and has always been a community-driven project. Admittedly, Shiba Inu didn’t quite manage to topple Dogecoin, but it did see a somewhat impressive price run in 2021, surging in value by over 21,000%.

Such significant price movement has done wonders for Shiba Inu’s price profile and so it is now one of the most well-known and leading meme coins out there. But Shiba Inu has also made some impressive developments – launching its own proprietary DEX as well as additional staking protocols to allow holders of SHIB to earn more crypto. According to its website, the Shiba Inu project will soon enter the Metaverse, with virtual real estate platform Shiba Lands. Making the digital asset one of the best meme coins to buy this year.

If you want to invest in cryptocurrency and are looking for the most promising meme coin, we recommend SHIB.

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Virtual currencies are highly volatile. Your capital is at risk

3. Baby Floki – DeFi Token That Rewards Current Holders

Baby Floki is another relatively new meme cryptocurrency. Baby Floki is one of the meme coins that successfully captured and rode Elon Musk’s influence on the crypto market. Baby Floki is named after Elon Musk’s puppy, Floki.

Thanks to this association, Baby Floki tends to pump whenever Elon Musk tweets about his pup. Baby Floki is also deflationary, which means the more people use it, the higher its chances of gaining in value.

At the moment, the Baby Floki meme token is trading at $0.00000000020. Analysts are pretty bullish on Baby Floki and expect it to trade at $0.0000000007 by 2030.

For such potential gains, BABYFLOKI is a meme coin worth keeping an eye on in 2023 and beyond.

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4. Akita Inu – Offers Cross-Chain Interoperability

Akita Inu is another best meme coin, named after a slightly different breed of Japanese dog, that styles itself as the ‘little brother’ of Dogecoin and Shiba Inu. However, it isn’t lost on us that the Akita Inu is actually a bigger dog than the Shiba…

Akita Inu has focused on community from the outset. According to its website, the developers behind Akita Inu wanted to build a community first, then work to turn their meme coin into a fully-fledged cryptocurrency with “various use cases”.

The meme token is built on Ethereum and shares many similarities with Shiba Inu. However, the Akita Network has announced that it has bridged to Avalanche and so now offers cross-chain interoperability.

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Virtual currencies are highly volatile. Your capital is at risk

5. Samoyed Coin – The Solana’s Ambassador

Samoyed coin is another part of the list of meme coins that you should watch closely.

Launched back in April 2021, Samoyed Coin is a meme coin built on the Solana blockchain. The meme token was set up by Solana co-creator Anatoly Yakovenko and owner of the FTX crypto exchange, Sam Bankman-Fried. The leading meme coin, which incidentally is named after another breed of dog, this time from Siberia) was set up with the sole intention of fostering an online community that would help Solana appeal to the masses.

SAMO is touted as having superior tokenomics and more transparency than other leading dog coins. The developers behind the token also claim that it is able to offer faster, cheaper transactions than its Ethereum-based peers. Samoyed Coin is effectively designed to be an outreach program – a marketing tool that will help onboard new users and increase uptake of the Solana blockchain. It seems to have been reasonably successful so far, and SAMO is currently amongst the top five tokens in terms of market capitalization.

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Virtual currencies are highly volatile. Your capital is at risk

6. Monacoin – Best Meme Coin For Fast Online Payments And Tipping

MonaCoin is one of the older meme coins out there, dating back to 2013 (the same year Dogecoin launched) and breaks the mold somewhat in that it uses a cat as its mascot. The token was launched in Japan and gained a fairly big following off the back of a television ad campaign.

Being an older token, Monacoin meme coin is very similar to Dogecoin in that it is a fairly simple value-exchange system that uses a proof-of-work consensus mechanism. And, much like Dogecoin, Monacoin has carved out a niche for itself as a preferred cryptocurrency for tipping online. Once again, the crypto project has focused on building a community and, whilst it is undoubtedly most popular in its native Japan, it has now started to get more attention worldwide.

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7. Dogelon Mars – Top Meme Coin With Great Growth Potential

It’s fairly easy to work out the associations of Dogelon Mars from its name. The project was unashamedly set up to ride the coattails of Dogecoin and the support it received from Elon Musk. The website features the following call to action: “I am Dogelon. Dogelon Mars. Join me and together we will reach the stars.” Again, this says a lot about the project’s objectives.

What makes Dogelon Mars (ELON) stand out is that it is not trying to be anything else. It has built its project around a cartoon character and even has its own comic strip. Dogelon Mars aims to build a community to replicate Dogecoin’s success, plain and simple. It’s been included in our list because it has quirky branding that could appeal to the younger online crypto crowd.

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Virtual currencies are highly volatile. Your capital is at risk

8. Dogedash – Popular Meme Coin Reward In Play-To-Earn Game

Dogedash meme coin brings something a little different to the table. Whilst it has positioned itself well within the top meme coin trend, Dogedash is actually a play-to-earn game that allows users to earn the DOGEDASH cryptocurrency. It was set up by Grammy-nominated creative director Paul Caslin and the team behind it features some top names in the gaming and crypto worlds.

The game itself is fairly simple. It involves a cartoon dog running along a screen and users have to help it overcome obstacles and collect power-ups as the game progresses. This game format has proven hugely successful over the years and DogeDash is seemingly hoping to cash in on the meme coin trend along with people’s appetite for nostalgia. Given that play-to-earn gaming has been going from strength to strength in recent years, we think DOGEDASH could definitely be a meme coin to watch in the near future.

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Virtual currencies are highly volatile. Your capital is at risk

9. Dogs of Elon – Best Meme Token For NFTs

Another meme coin evoking Elon Musk with its name, the Dogs of Elon is actually a pretty unique project in the meme coin space. It aims to be a rival to the NFT CryptoPunks platform, by providing its own collection of over 10,000 NFTs for sale on the OpenSea marketplace. Dogs of Elon also features a quirky 8-bit style play-to-earn game. According to the website, Dogs of Elon is seeking to “unify all meme communities”.

So why is Dogs of Elon on our list? The project has several developments in the pipeline, including the launch of its own proprietary Dex which will allow DOE holders to stake their tokens. The platform is also aiming to launch its own NFT marketplace and further down the line it has teased many other promising updates. We think these updates could do a lot to boost Dogs of Elon’s profile and could well drive up the price of its DOE token.

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Virtual currencies are highly volatile. Your capital is at risk

10. Hoge Finance – Auto-Staking Meme Token With Limited Supply

Hoge Finance meme token was launched in 2021 and is essentially a DeFi auto-staking platform built on the Ethereum blockchain. On the surface, it looks similar to most other meme tokens, with easily identifiable branding as well as its own NFT collection. Of course, these features are essential for any project that is seeking to build a strong community.

What makes Hoge Finance stand out from the other tokens on this list is its tokenomics, which, much like Safemoon, effectively rewards people for holding HOGE. Firstly, the initial supply of 1 trillion HOGE is the total supply. There will never be more tokens minted. The platform also levies a 2% ‘tax’ on all transactions. Of that, 1% is burned and the other 1% is distributed among HOGE holders. This means that HOGE is also a deflationary currency that will become scarcer as time goes on.

What Exactly Is A Meme Coin?

In the simplest sense, meme coins are tokens that are inspired by internet memes. However, if the latest token names are anything to go by, the trend arguably now centers around a combination of an old meme of a Shiba Inu dog and, to some extent, Elon Musk.

Meme coins are undoubtedly one of the strangest phenomena to come out of the cryptocurrency market. The trend started with Dogecoin and was originally something of a joke. Back in 2013, the buzz around the cryptocurrency market was huge, as by then Bitcoin had made the first crypto millionaires. Dogecoin was created by software engineers Billy Markus and Jackson Palmer as a way of satirizing the wild speculation that surrounded the cryptocurrency market at the time.

However, despite being set up to poke fun at the big players, Dogecoin has gone on to become one of the biggest names in the industry, at one point edging its way into the top ten tokens in terms of market capitalization.

There has also been a slew of other meme coins coming to the market and some, including Shiba Inu and Safemoon have also made an impact. At the time of writing, there are more than 250 meme coins in existence.

Investing In Meme Coins

Investors are wary of meme coins, that’s for sure. They have been described as little more than short-term fads driven entirely by popularity, with no genuine value or real-world use cases. They are also noted for their high volatility. However, which of these things has not also been said of Bitcoin? Realistically, the original cryptocurrency gave up any pretense of being a digital alternative to cash a long time ago. As such, its price is now largely driven by investor sentiment.

This is an important point to note, too. Bitcoin cannot boast the performance statistics of the latest smart chains like Cardano and Solana, but it continues to be the number one cryptocurrency on the planet. Therefore, we’d argue that the case against meme coins isn’t quite as open and shut as some would have you believe. If these tokens maintain their popularity, then there’s every chance that we will continue to see these sudden price spikes.

It’s also worth pointing out that, despite their lighthearted origins, many of these tokens are based on solid technical fundamentals. Dogecoin, for example, was based on the Litecoin blueprint.

However, it is also important to note that the hype surrounding meme coins has only been of any real significance since 2021. At this stage, it is still very much a ‘trend’. As such, it’s important for investors to consider the USP and technical advantages of each project, rather than go by their current popularity.

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What Makes A Meme Coin Valuable?

Branding is everything when it comes to meme coins. If we consider memes themselves, then despite there being thousands – probably millions – circulating online, only a few of them have become certified classics. The same is true of meme tokens. In order for them to be successful, they must strike a chord with their target audience and foster a community that can gather significant momentum.

To some extent, potential investors can simply use their judgment. If a meme coin looks like it has good branding and the potential for widespread appeal, then this alone can make it worth considering. Ultimately, there is only room for a handful of meme coins to reach the same levels of notoriety that Dogecoin has, it’s just a case of finding which ones.

Are Meme Coins A Good Investment?

When it comes to meme coins, it is important to remember that meme cryptos are riskier investments than stable cryptocurrencies.

Experts believe that Dogecoin and Shiba Inu meme coins have good prospects in 2023. While analysts expect some tokens to perform well, you need to be aware that in the crypto market, things can turn in an instant.

It is not uncommon to wake up and find cryptocurrencies down by 40% or more. All it takes is some negative news and the market tanks. However, this unpredictability of the cryptocurrency market makes high potential meme coins good buys. Since they tend to pump hard and fast, it is possible to make and lock in a good return on investment before the market starts going against you.

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 How To Buy Meme Coin As A Beginner 

The process of buying meme coins is easy and straightforward. Here are the steps you need to follow to buy your first meme coin:

Step 1: Register with a crypto exchange

You will want to start by identifying a meme coin trading platform and registering a crypto trader account there. Of the two types of crypto exchanges available today, centralized and decentralized. While centralized exchanges list the more popular meme coins like Dogecoin, decentralized exchanges list new cryptos and emerging tokens.

Nevertheless, they all have rather straightforward onboarding processes and do not ask for too much of your personal information. Most decentralized exchanges won’t even ask for identity verification, especially if they do not process fiat deposits.

But there are a few factors you need to consider when choosing a meme coin exchange. For starters, confirm that it is easy to use and has an intuitive interface. That its trade execution is fast, has no history of slippage, is easily navigable, and features all the basic trading and risk-management tools.

You will also need to confirm the cost of buying meme coins on the exchange. Check out all the fees and commissions – as well as possible hidden charges – maintained by the exchange. Confirm the impact they have on your profitability.

Only register with a meme coin exchange with the most user-friendly platform with competitive fees.

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Step 2: Fund your account

After creating the user account, you will now need to deposit funds that you will use to buy meme coins.

Different exchanges support widely varying payment methods. Centralized exchanges like eToro, for instance, will let you buy a joke currency with credit/debit cards, bank wire, and eWallets. Decentralized exchanges like Pancakeswap, on the other hand, will only allow you to buy a meme coin with another crypto coin.

Your preferred exchange will provide you with a list of the supported payment methods or digital wallets that you can link to their platforms. Choose one and make the deposit.

Further below in this article, we will highlight a few of the best places to buy meme coins today and list their supported payment methods.

Step 3: Identify the meme coin to buy

This is the trickiest part. After witnessing the explosive value gain posted by the likes of Dogecoin and Shiba Inu throughout 2021, you, too, must be looking for a meme coin that can mirror such growth in 2023.

But how do you find the next Shiba Inu or the next Dogecoin?

Here are a few pointers:

• Go for a popular newcomer meme coin, especially on popular social media platforms like Reddit, Discord, Twitter, and Telegram.
• Check the legitimacy and track record of the meme coin’s development team and only consider meme tokens created by a solid and highly reputable team.
• Ensure that the meme coin has a large or fast-growing and robust community of supporters. Given that meme coin values are driven by sentiments, a significant following is needed to positively hype the token and ramp up demand.
• It is also an added benefit if the meme coin has already scored celebrity endorsements.

Step 4: Decide on the type of buy order

You could decide to buy the meme coin right away at the current market price by opening a market order. This type of buy order is only advisable if you are buying the meme coin early on or if every forecasting indicator points to an impending bull run.

Alternatively, decide on the price you wish to buy the meme coin for and open a limit order. This is to say that the buy order will be fulfilled if anyone in the market decides to dispose of their meme coin holdings at the price you specified.

If you don’t think the coin will blow up any time soon but still want to add it to your crypto basket. Use DCA (dollar-cost averaging). Buy small amounts of the meme coin at irregular intervals when the joke coin prices dip.

Step 5: Buy meme coins

Now that you have decided on the best meme coin exchange, funded your trader account, and figured out the best strategy to invest in meme coins, place the order and start accumulating meme coins.

Most exchanges will provide you with a free online digital wallet where the private keys for the purchased tokens will be deposited. You, however, are free to withdraw them to your preferred third-party wallet.

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Step 6: Constantly monitor the meme coin market activity

You probably are aware that meme coin prices are massively volatile. Most have had their value dip to zero, especially if they were rumored or confirmed to be scams. In most instances, these coins had posted incredible price gains before suddenly crashing, which says that no meme coin is immune to such volatility.

A perfect example here is the Squid Game meme coin that rallied 230000% to reach $2800. On 2nd November 2021, however, this crypto asset 100% of its value, crashing to zero in less than 10 minutes after its developer cashed in its liquidity pool.

Note, also, that much of the meme coin hype is also short-lived. While some meme currency prices may not crash to zero, they often get to a point where all their price-driving features are priced in, at which point their value stagnates and buyer activity drops significantly. It becomes increasingly difficult to dispose of your holdings.

Monitoring the meme coin market activity keeps you updated on any news that may trigger a price crash. The last thing you need is to be the one left holding the bag when the coin price crashes or stagnates.

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How To Find The Best Meme Coins

So, if you are looking to buy the best meme coins right now, you can start by checking out any of these trading platforms. Amongst all your options in this area, we recommend a few brands, and their success speaks volumes about how reliable they are.

• eToro – is one of the best cryptocurrency trading platforms for beginners and pro traders.
• Coinbase – An equally good crypto exchange with a beginner-friendly interface.
• Binance – A good option for newbie traders looking for variety in meme coins.

If you are a beginner cryptocurrency trader and aren’t sure of where to buy meme coins, eToro is one of the best exchanges to use. It has a variety of coins and tokens that you can trade, it is also one of the safest platforms for trading crypto. That’s because it is regulated by financial regulators in key jurisdictions such as the UK, US, and Australia.

eToro also gives you access to many resources that you can use to learn how to become a better trader and maximize your profits. With eToro, you can become a pro-trader in record time.

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Conclusion

There’s no denying it, investing in meme tokens is a risky business. But many of the projects above boast just as many real-world credentials as many other top cryptocurrencies and many of them have quickly been able to build loyal followings online – which is certainly a good sign when it comes to meme coins.

Realistically, the cryptocurrency market is all about momentum. If a cryptocurrency can generate enough buzz and maintain a high profile, then there’s every chance it can offer returns for investors–Dogecoin is living proof of this.

However, picking a winner is not easy. The communities supporting Dogecoin and Shiba Inu have demonstrated their ability to drive prices sky high, but many of the tokens on our list are unknown quantities–buying these tokens is effectively a bet that they will trend in future.

Celebrity endorsement also appears to have a much bigger influence on meme coin prices than on more mainstream tokens. Once again, it’s very difficult to predict if and when a major figure (such as Elon Musk) might issue a comment on a project that drives its price sky-high. It’s also equally possible that negative publicity or criticism will drive prices down.

Where To Buy Meme Coins

If you’re looking to buy meme coins, then you’ll need to find a broker or exchange that can give you access to the cryptocurrency market, as well as a wallet to store your tokens. Given that tokens are built on different platforms, it’s possible you may need more than one wallet. Similarly, the lesser-known meme coins are often not listed on major exchanges so you may need to open more than one trading account.

For a good place to start, we recommend opening an account with eToro. Not only is it one of the leading exchanges on the market, but it also lists several top meme coins, including Shiba Inu, Dogecoin and ApeCoin. This makes the platform ideal for those looking to start adding meme coins to their portfolios.

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FAQs on Best Meme Coins

What is a meme coin?

Meme coins are cryptocurrencies that are inspired by memes. Whilst this can be any meme, most of the top tokens follow a similar theme–based on a Japanese breed of dog called Shiba Inu. The original meme token, Dogecoin, started life as a joke, but it has gone on to become one of the most well-known cryptocurrencies and now, almost nine years after its launch, it remains a top tier cryptocurrency in terms of market capitalization.

Is Dogecoin finished?

Many people have made the mistake of thinking that Dogecoin was finished throughout the years, but 2021 proved that this token still commands a huge following and its ongoing support from Tesla billionaire Elon Musk suggests that the old dog could have a few new tricks left to play.

Are meme coins a good investment?

Meme coins have demonstrated their ability to undergo significant price hikes – sometimes overnight. They have also become one of the biggest trends in the cryptocurrency space over the last year or so. However, these are risky investments and it can be difficult – if not impossible – to guess which the next big success story will be.

Whilst Dogecoin remains the top meme coin, it will ultimately be the communities supporting these tokens that make the difference. Meme coins should be included in a diversified portfolio that also includes lower-risk investments.

How do I buy meme coins?

Meme coins can be bought and sold on cryptocurrency exchanges the same as any other token. However, you may find that the newest meme coins are not as widely listed as some of the bigger names out there. We recommend eToro as a good starting point, as it lists several popular meme coins and is never slow to add new tokens to its books.

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Cryptocurrencies have introduced the world to many new innovations including NFTs. NFTs or non-fungible tokens, are unique, meaning they cannot be duplicated. Owing to their uniqueness, NFTs have been used widely for identity purposes and serve as important tokens for issuing rewards inside gaming ecosystems. BudBlockz ($BLUNT) is an upcoming cannabis industry trading platform that will feature a unique collection of 10,000 Ganja Guruz NFTs. It could provide strong competition to Axie Infinity NFTs in the future.

Axie Infinity is a pokemon inspired game where users can mint avatars and own land in the form of NFTs. These NFTs can be traded providing monetization options for the users. Some Axie NFTs have previously sold for 300 ETH in the past.

However, the Ganja Guruz collection of BudBlockz features more utilities. Owners of these NFTs (which will soon be released on Opensea) will be able to access discounts while purchasing products powered by the BudBlockz platform. Users will be able to trade and receive rewards and discounts each time they make a purchase of cannabis products on the BudBlockz platform. That’s not all! Users will also be able to gain fractional ownership of various farms and dispensaries throughout the world. BudBlockz Ganja Guruz NFTs, therefore, provide more options for monetization and also provide fractional ownership or a percentage of shares in cannabis farms and dispensaries. More rewards will be unlocked for users in the future.

BudBlockz is building a cannabis marketplace powered by the $BLUNT Token and its exclusive Ganja Guruz NFT collection. Interested users can buy the $BLUNT Token on presale. The Ganja Guruz collection will be made available on Opensea and users will be able to trade it easily. Given the wide use cases of the Ganja Guruz collection, many analysts have predicted a quick rise for the NFT series. It might provide 5000x gains in a short period of time and perform even better than the Axie Infinity NFT collection in the long run.

BudBlockz has rightly identified a unique opportunity for potential investment in the cannabis industry. It is a huge empire that could yield big gains over the long term. Ganja Guruz NFT collection is central to BudBlockz’s plans to monetize the cannabis industry and provide a passive source of income through fractional ownership to its users. Currently, the presale event where users can buy the $BLUNT Token has generated a huge interest among cryptocurrency enthusiasts and many investors have accumulated huge volumes.

Verified users who hold Ganja Guruz could also potentially benefit from a massive price rise since the BudBlockz NFTs are linked to real-world utility in the form of discounts and fractional ownership.

 

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: budblockz.io/

Presale Registration:: https://app.budblockz.io/sign-up

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

Nowadays it has become not just a trend but a prudent financial decision to invest in cryptocurrencies. Everyone is jumping on the bandwagon and realizing the huge potential they have for the future and wants to make the most out of it. One of the most important things that you can do for your cryptocurrency tokens is to keep them safely and securely. This is where crypto wallets come in and almost everyone that gets into crypto sooner or later gravitates toward them. If you do not know what a crypto wallet is, we will tell you all about it and why you should get one. And before you get yourself a crypto wallet or if are already using one, we will tell you about the five common mistakes everyone makes in crypto wallet.

What Is A Crypto Wallet

A crypto wallet is exactly what you think it is. Like a regular wallet that you use to keep your money, a crypto wallet is used to store your cryptocurrencies. Even when you buy a cryptocurrency token on an exchange, it is reflected in your wallet, that wallet is a crypto wallet. Now there are various kinds of crypto wallets. But the first major difference between wallets is:

• Custodial Wallet

A custodial wallet is a crypto wallet that is under the control of some other entity/third party such as your crypto exchange. When you store your crypto on cryptocurrency exchanges such as Binance, Coinbase, etc., the wallets they give you are custodial wallets. A lot of you might have heard that an exchange has stopped the withdrawal of cryptocurrencies from it at times. This is because even though the cryptocurrency tokens are yours, the wallet that they are stored in belongs to the exchange and they can control what can be done with the tokens inside it.

• Non-Custodial Wallet

A non-custodial wallet is simply a self-custodial wallet. It means that if you have a non-custodial wallet and have cryptocurrencies stored in them, then you are in control of those cryptocurrencies at all times. But at the same time, all the risks associated with it are also yours. Such as, in case you forget or lose your seed phrase or private keys to your wallet, there is no way to recover them ever.

Another major difference between crypto wallets is whether they are Software Wallets or Hardware Wallets.

• Software Wallet

A software wallet is one that is connected to the internet at all times and is also known as a Hot Wallet.

• Hardware Wallet

A hardware wallet is also known as a Cold Wallet as it is not connected to the internet at all times. It is like a USB drive that can be used to take your cryptocurrency tokens offline and store them safely. Ledger Nano S, Ledger Nano X, Trezor Model T, etc. are some of the best hardware wallets available.

Now that we know the differences, it is time to learn about the five common mistakes everyone makes in a crypto wallet.

Five Common Mistakes Everyone Makes In Crypto Wallet

1. Forgetting Private Key/Seed Phrase

When setting up your own crypto wallet, a private key or seed phrase is required which is to be stored securely. But a lot of people have ended up forgetting or misplacing their private keys resulting in losses of tens, hundreds, or thousands worth of cryptocurrencies. This is more common than you think and you should always store your keys in a place where they would not be lost, damaged, or even stolen.

2. Connecting Your Wallet To Malicious Or Spam Websites

With the increase in interest in cryptocurrencies, the number of scammers has also increased. If you are into cryptocurrencies and are an active member of the social media communities, you will get multiple messages across various platforms asking you to connect your wallet or give out your seed phrase and earn a hefty return on your holdings. Those are in all probability a scam and a ploy to steal your tokens and you should avoid such links at all costs.

3. Storing Cryptocurrencies In Custodial Wallets

Unless you are a day trader and need access to your cryptocurrency tokens at almost all times, there is no reason for you to keep your tokens in a custodial wallet, such as that of an exchange. It makes your tokens vulnerable to hacks or other forms of cyber attacks, on top of instances where an exchange locks up the funds for some reason or the other.

4. Wrong Wallet Address Or Network

While making transfers over the blockchain from one wallet to another, it is important to enter the correct wallet address and the correct network. Because in case you enter any of the above information wrong, the chances of your tokens being lost or being sent to the wrong address increase dramatically.

5. Accessing Your Wallet On Public Network

If you connect your device or wallet to a public WiFi network, the chances are that it can be hacked and the hacker can very easily make away with all the crypto stored in your device. Hence, as a good rule of thumb, never access your crypto wallet or assets over a public network.

Conclusion

The mistakes mentioned above are more common than you think and now that you know about them, we are sure you’ll not be making any of these. Investing in cryptocurrency is risky as it is, and on top of that, you would not want all your investment to disappear due to some trivial errors. Thus, always keep your crypto wallet secure and make sure to double or triple-check any transactions you do on the blockchain.