5 Best Meme Coins to Buy That Look Set to Explode in 2023

TRUMP peaked at over $75 after inspiring immense community support. But after Melania Trump announced the launch of her coin on her official X account

As TRUMP’s meme token struggles to regain its footing following Melania’s coin announcement, which caused a sharp decline in TRUMP’s value, the broader meme coin market remains highly active.

Many commentators are now predicting that Trump’s inauguration will spark yet another wave of interest in meme coins, giving lesser-known projects a chance to replicate or even surpass the success that TRUMP momentarily enjoyed.

Below, we’ve outlined five of the best meme coins to buy that look set to explode. These coins are worth watching if you missed out on the initial TRUMP hype, or are just looking to diversify your meme coin portfolio.

1. Wall Street Pepe ($WEPE)

One of the best meme coins to buy right now is Wall Street Pepe ($WEPE). It’s already seeing strong investor interest, because it combines the virality of memes with powerful trading resources. Wall Street Pepe’s presale has raised over $53 million in just two months, making it one of the fastest-growing ICOs of the last year.

The “WEPE Army” is at the heart of the Wall Street Pepe project. It’s a community that offers expert trading insights, presale signals for upcoming coins, alpha calls, and more. Through this group, Wall Street Pepe aims to give investors a significant edge in discovering new tokens early, and navigating the meme coin space.

WEPE Army members can also earn extra tokens by participating in weekly trading competitions and staking programs within the Wall Street Pepe ecosystem. The annual percentage yield (APY) for WEPE staking is currently around 23% pa.

It’s also worth noting that Coinsult has audited Wall Street Pepe’s smart contract. With the presale nearing its final weeks, the project’s current token price of $0.0003665 is what many believe will be the lowest possible entry point before it hits major exchanges.

Visit Wall Street Pepe Presale

2. Solaxy ($SOLX)

Solana’s meteoric rise has been beneficial for traders and dApp developers, but it has also had its downsides. Network congestion caused by high trading volumes during meme coin rallies has repeatedly strained the Solana mainnet.

Solaxy ($SOLX) is a Layer 2 solution that unloads transactions from the main Solana chain, unblocking the system and helping it operate efficiently at the highest possible speed.

By rolling up (otherwise known as batching) transactions off-chain, Solaxy will ensure lower fees and shorter wait times while preventing network downtime previously caused by high usage.

Solaxy’s presale has already crossed $12 million, showing high investor trust. Much of this enthusiasm is due to the protocol’s staking and lock-up mechanism, which can provide yields as high as 300% for investors who stake their tokens for the long term. 25% of the total supply has been reserved for rewarding early supporters.

The Solaxy team also plans to expand further into DeFi and other verticals that need high-throughput blockchains. SOLX is currently available for just $0.001608, which early backers believe is a massive discount if Solaxy can solve Solana’s congestion issues.

Visit Solaxy Presale

3. Dogecoin ($DOGE)

Dogecoin is arguably the grandfather of all meme coins. Despite launching as a joke in 2013, it’s now the biggest meme coin by market cap.

One key factor behind Dogecoin’s longevity is the project’s unwavering support from Elon Musk, who has repeatedly stated that he believes in Dogecoin’s potential to become a widely used payment method. Elon’s conviction was further demonstrated when Tesla started to accept payments in DOGE.

DOGE’s market cap of over $54 billion makes it less likely to deliver the thousand-percent returns that smaller projects sometimes achieve. However, Dogecoin has consistently proven its reliability through multiple market cycles.

With an all-time high near $0.7376, DOGE is still trading at a discount of nearly 50%. This leaves space for a potential recovery if meme coins see another rally in 2025. In fact, a Dogecoin ETF approval could even help the meme coin find a new ATH this year.

Dogecoin is currently available on every major crypto exchange, and its ease of access and instant brand recognition continue to draw new investors. While it may lack the tokenomics of newcomer projects, DOGE’s resilience in a volatile market is arguably its biggest selling point.

4. Flockerz ($FLOCK)

Flockerz ($FLOCK) is next on our list of top meme coins that are currently trending in the market. Community members can use the Flockerz Vote-to-Earn (V2E) system to shape crucial project decisions (from exchange listings to marketing partnerships and more) via the FlockTopia DAO.

For every vote cast, users