Meme coins continue to dominate the cryptocurrency market and present new high-potential opportunities daily.
So much so that Bloomberg recently reported meme coins like Dogwifhat are “stealing the spotlight from Bitcoin.”
Indeed, with the sector in the spotlight, those who identify promising projects early will be rewarded significantly.
With that in mind, this article lists the best meme coins to buy in April. We consider factors like narratives, community, tokenomics, use cases, expert opinions, and more.
Based on our analysis, the top meme coins to buy are Dogecoin20, Slothana, cat in a dogs world, Brett, Pepe, and Degen. Let’s delve deeper into each below.
Dogecoin20
Dogecoin20 unleashes a new paradigm of meme coin excitement, embracing the original Dogecoin’s vibrant essence while retrofitting novel mechanisms for lasting success.
The project is currently undergoing a presale, which raised a staggering $10 million in one week. Now, investors are looking ahead to its exchange launch, which is set to occur on Doge Day (4/20).
Prominent market analyst Jacob Bury said Dogecoin20 “could potentially make some huge gains,” speculating it could see up to 100x returns from its presale price.
The project’s most anticipated feature is its Stake-to-Earn mechanism, which provides users with a way to compound their investment while stabilizing and securing the network. Currently, users can garner a 63% APY, but this will fall as more tokens are staked.
Dogecoin20 also introduces a capped supply of 140 billion tokens, staving off inflation and price dilution.
Conversely, Dogecoin holds an unlimited supply, making it a less-favorable long-term investment.
But with just 16 days until Doge Day, those looking to buy $DOGE20 for the lowest price should act fast.
Slothana
Continuing the formidable Solana meme coin presale trend, Slothana is stealing the limelight from earlier sensations like BOME and SLERF as its presale surges ahead.
The project has already raised a staggering $7 million in its presale, over 3x more than BOME. This reflects tremendous community interest and sets a bullish precedent, especially considering BOME hit a $1 billion market cap two days after its exchange launch.
Talks are also circulating that the Smog team is the mastermind behind Slothana’s success. Smog soared 100x after launching in February, peaking at a $200 million market cap.
Community members have linked the two teams through a comment that Smog left on Slothana’s first-ever X post when it had less than 50 followers.
Indeed, this would present a tremendously bullish outlook for Slothana, should the Smog team be behind it.
However, those looking to buy must not wait around. There is no predetermined hard cap, so the presale could end at any time.
Cat in a dogs world
Cat in a dogs world is a new project looking to challenge the meme coin norms, opting for a cat mascot instead of a dog.
Its website leads with, “For too long dogs have ruled the world.”
Currently, MEW is trading at $0.007581, up 4% today and 423% this week. It holds a $672 million market cap and a $312 million 24-hour trading volume.
While its market cap makes it the 218th largest crypto, its trading volume places it the 42nd spot, reflecting a growing market interest in this project.
Adding to the excitement, on Wednesday, exchanges like KuCoin and Bitget announced that they will list MEW.
The project gained widespread notoriety through its recent airdrop campaign, which took shape in two stages. The initial sent 5% of its total supply to meme coin holders on the Solana network, and the second sent another 5% to Solana Mobile owners.
Brett
Brett is a Coinbase native meme coin inspired by Matt Furie’s Boy’s Club comic. The project launched early in March and has already seen notable success, pumping to a $650 million market cap.
It is currently trading at $0.07636, up 12% today, 91% this week, and 97% this month. It has a $23 million 24-hour trading volume.
Brett is the highest-market cap meme coin on the Base network, meaning it will likely benefit as new users onboard to the blockchain.
Base is Coinbase’s Ethereum layer 2 network. It has seen considerable demand recently with DeFiLlama data showing its TVL exploded over 2x in March.
Meanwhile, Max Schwartman predicts “millions of fresh retail users are coming to base soon” and believes many will buy Brett.
Brett is already available on exchanges like Gate.io, Bitget, BitMart, and LBank. However, being Base’s largest meme coin, it may see an expedited trajectory toward a Coinbase listing.
Pepe
Pepe kickstarted the 2023 meme coin season when it soared to a $1.8 billion market cap within weeks of launching. More impressively, it did this in the depths of the bear market, displaying unwavering resilience to the challenging market dynamics.
This solidified the project as an industry icon, and many traders expect an epic upward trajectory in the coming bull rally.
It is currently priced at $0.000007013, trading at break even today, down 7% this week, but up 27% this month.
Pepe’s market cap is $2.9 billion, and its 24-hour trading volume is $761 million, down 16% today.
Analyst Max Schwartzman commented on Pepe’s current price action, speculating that it will explode in approximately two weeks. He noted that Pepe is forming a symmetrical triangle chart pattern formation and anticipates a break to the upside.
Although Max notes there may be a near-term selloff, he expects this to be followed by a swift correction to the upside.
Degen
Degen is the latest meme coin to trend on Coinbase’s Base chain. However, it is one of the few meme coins working toward lasting success with utility, recently launching a layer 3 network “built for degens.”
It has gathered tremendous pace as a result, currently trading at $0.05321. This represents a 42% increase today and 261% this week.
According to CoinGecko data, Degen is the second-largest meme coin on Base, following Brett. However, with its price quickly closing the gap, we may see it flip Brett and become the network’s premier meme coin shortly.
But in addition to tapping into the promising Base network narrative, Degen’s recent penetration into the L3 narrative supercharges its potential.
The narrative was popularized this week following a comment from Ethereum founder Vitalik Buterin on “lighter” ways to compute transactions.
Degen’s layer 3 chain is already active and gathering pace, with the team announcing that over $1 million has been bridged and that it has processed $2 million in transactions.
