- Memecoins has seen a strong rally in the past and is a great way to diversify your portfolio
After hitting the crypto market in a big way in 2021, it appeared that the meme coin craze had died a death last year. However, 2023 has seen meme coins return with a vengeance, igniting interest among crypto traders. However, despite this resurgence, most meme coins offer investors little long-term value.
Things may be slowly changing, with a handful of meme coins hitting the market offering more than a fluffy meme to enjoy, while some well-established big names recognize the need to provide investors with more for their money.
After thorough research assessing the value, potential, and long-term viability of dozens of meme coins currently on the market, these are the three best meme coins for October 2023:
1. Shiba Memu: An AI-driven meme coin revolution
Shiba Memu is the name on everyone’s lips as it ushers in a brand-new meme coin era. Unlike many meme coin competitors, Shiba Memu doesn’t rely on humans to build virality. Instead, thanks to cutting-edge AI technologies, Shiba Memu autonomously creates marketing strategies based on investor sentiment towards it, sniffed out by the platform’s exceptional natural language processing (NLP) and sentiment analysis capabilities.
It uses this data to craft press releases and social media posts while also interacting with online users across the internet to answer questions, inform potential investors about itself, and drive user engagement. With machine learning helping this clever canine grow more intelligent every day by analyzing vast swathes of data, Shiba Memu can tailor its message accordingly.
Shiba Memu stands head and shoulders above other meme coins, justifying its inclusion at the top of the list of best meme coins in October 2023, even before it launches on the prestigious BitMart crypto exchange.
After recently launching at $0.011125, the native SHMU token has generated enormous interest during the first 60 days of its presale, partly because of its compelling value proposition and partly due to its daily price increases that have already seen day one presale investors generate returns of more than 120%.
Due to popular demand, Shiba Memu announced an extension to its presale for an additional 60 days to allow more investors to benefit from the fixed daily price increases of $0.000225 and for existing investors to double their money potentially. With unparalleled utility, revolutionary potential, and enticing incentives for presale investors, SHMU is the best meme coin investment opportunity for October.
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2. Floki Inu: Multi-layered meme coin offering genuine value
Floki Inu is another of Shiba Inu-inspired meme coins flooding the market. Inspired by Elon Musk’s dog, Floki, Floki Inu began as a simple meme token offering fans and collectors another fluffy Shiba Inu meme. Since its release, Floki Inu has developed into a large, intricate Web3 ecosystem and built a hugely dedicated supporter base called the “Floki Vikings.”
These developments have led to Floki Inu launching a play-to-earn NFT metaverse, a virtual digital marketplace, and an educational platform in the form of its metaverse university. Here, users can increase awareness of the Floki Inu ecosystem’s potential while learning about the more expansive crypto universe.
Other developments include the recently launched FlokiFi Locker, a DeFi solution enabling users to securely store their crypto tokens and NFTs. Designed to foster trust in the DeFi sector, FlokiFi Locker has already gained plaudits across the industry and has already built partnerships with ApeSwap, Chainlink, and Radioshack, among others.
With the loyal and dedicated Floki Vikings fan base pushing the virtues of Floki Inu online and the development team committed to building a broad, multi-layered Web3 ecosystem, Floki Inu is unquestionably one of the best meme coin investments for October.
3. Shiba Inu: Challenging Dogecoin’s supremacy
Shiba Inu, not to be confused with Shiba Memu or Floki Inu, is a meme coin established in the last few years. It has become the leading challenge to the supremacy of Dogecoin, by far the biggest meme coin by market cap. The recent launch of its layer-2 blockchain solution, Shibarium, has seen SHIB again thrust into the spotlight.
Operating on the Polygon network, Shibarium aims to add scalability to networks. Since going live in August, it has already proven to be a hit with developers, with more than 100,000 wallet addresses before the beginning of September.
This utility layer could see Shiba Inu overtake Dogecoin, which still relies on the charms of its furry meme and celebrity backing from Elon Musk for its continuing virality. Shiba Inu, meanwhile, continues to diversify its ecosystem with a mobile game, decentralized crypto exchange, and sibling tokens, all part of its cryptosphere.
With a passionate and committed community, the SHIB Army, continuing to back the native SHIB token, Shiba Inu remains one of the most evolutionary coins in the sector, fully deserving its place on the list of best meme coins to buy in October.
Don’t miss out on October’s best meme coin buys
With the release of evermore compelling projects and established names recognizing the need to diversify, the meme coin is undoubtedly here to stay. While hundreds of meme coins are flooding the market, these three stand out.
If you’re looking for the best meme coins to buy in October, look no further than:
1. Shiba Memu
2. Floki Inu
3. Shiba Inu
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