Top 5 Meme Coins Poised For Explosive Growth In 2023 - Get Ready For The Pump!

However, identifying the best meme coins from hundreds of options can be tricky, even for an experienced crypto trader. That's why we've put this list together to help you find the top 5 meme coins expected to explode in 2023. Let's jump right into the details.

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1. Wall Street Memes - Exciting Meme Coin Platform Backed By a 1.1 Million Strong Community

Wall Street Memes is one of the most promising meme coins to appear on the markets for years. It's entirely developed and run by the Wall St. Bulls Reddit community that proved to be highly resilient in the past. Namely, the same community managed to push one of the biggest hedge funds out of business over the GameStop stock fiasco in 2021, so there is much to be excited about.

The platform has entered the final stretch of the $WSM token presale. It raised over $24.4 million in the past nine weeks and is getting closer to the $30.4 million hard cap. As mentioned earlier, the project is backed by a 1.1 million strong community, which is why $WSM tokens are selling quickly.

The platform will have a total of 2 billion tokens. 50% is available in presale, 30% will go towards community rewards, while the remaining 20% will be used for CEX/DEX liquidity pools. The community will get access to exclusive benefits, content, and interactive experiences in the future, making this meme coin one of the best you can buy in 2023.

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2. Sonik Coin - Emerging Meme Coin With Staking Features

Sonik Coin is another exciting meme coin that will likely result in high returns for all early investors. It's inspired by SEGA's game character Sonic the Hedgehog. Sonik might look similar to the original character, but his personality and dirty mouth give him away immediately.

The project appeared in presale on August 15th without any warnings. Its native token - $SONIK, is available at the crazy low price of $0.000014, making it one of the cheapest meme coins you can buy now. The platform's hard cap is just over $2 million, so the presale will likely close before the end of the month.

Sonik's primary goal is to become the fastest meme coin to reach a market cap of $100 million. If that were the case, you would get massive returns, but in a more likely scenario, early investors are likely to get at least 10x after the platform goes live. Sonik has excellent chances of repeating the gains of meme coins such as PEPE, SPONGE, WOJAK, and others, so it should definitely be on top of your investing priority list.

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3. Shiba Inu - World's Second Largest Meme Coin By Market Cap

Shiba Inu is the world's second-largest meme coin by market cap and 14th crypto overall. It has also been one of the biggest gainers among cryptocurrencies, but it lost most of its value during the crypto winter in 2022. Its main issues were an oversupply of tokens in circulation and practically no real-world use cases.

However, all of that is about to change with the introduction Shibarium, a layer two solution for Shiba Inu that will improve transaction speeds and scalability. SHIB tokens will act as the utility, along with other tokens that belong to the same ecosystem. Furthermore, Shiba Inu plans on introducing even more advanced features in the near future, which should secure stable growth for one of the most popular altcoins on the market.

That said, Shibarium's release date is still unknown, so it's hard to tell if the platform will have any significant gains in 2023. However, over 70% of SHIB token holders choose to hold on to their tokens long-term, which signals high growth potential, so Shiba Inu is still one of the best meme coins you can get.

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4. Pepe - One of the Meme Coin Gainers in 2023

Pepe is another meme coin inspired by a popular online joke, and as such, it exploded as soon as it was released. The famous frog face meme coin made an IEO without any presales or online fanfare, and naturally, it took off like a rocket! The $PEPE token was one of the hottest investment options in April and May, and it almost reached a market cap of $1 billion days after its release.

Pepe is still one of the fastest-growing meme coins ever to reach the market, and despite losing over 50% of its ATH, it's expected to explode again before the end of the year. $PEPE tokens are available for only $0.000001176, and according to the latest price predictions, it will be worth three times that by the end of the year. Therefore, while Pepe might not have the potential of $WSM and $SONIK, it's still one of the market's best meme coins.

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5. Floki Inu - Long-Term Meme Coin Investment Option

Floki Inu gained popularity because it's inspired by Elon Musk's dog with the same name. It took the meme coin formula and mixed it with a hugely popular celebrity, which resulted in a community-driven platform that promises high token utility and a ton of advanced features down the road.

Its primary focus is to help users understand how blockchain technology works, promoting widespread adoption. Like an actual meme coin, it's full of quirky jokes and funny images, but you should not forget its noble goal. Floki is creating a system that will redefine online engagement. If the platform delivers all features mentioned in the roadmap, FLOKI tokens could result in impressive returns by the end of the year.

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Wrapping Up

That concludes our list of the top five meme coins that will explode in 2023. All the platforms mentioned above will likely result in higher gains, but if you're looking for one with the highest potential, we recommend Wall Street Memes. It's simply one of the hottest investments in the past two months, and it's backed by a massive 1.1 million strong online community, so the only way it can go after the launch is up!