5 Most Profitable Meme Cryptos in March 2024, BEFE and WIF Too!

Memecoin or meme coins are still a hit in 2024 after a sharp rise in a number of meme coins last week. Although the crypto market often goes up and down, meme coins can still make money with high profit potential. Moreover, now many meme coins are connected to the metaverse, which is a virtual world that is trending.

Metaverse is a virtual space that we can visit through smart glasses or virtual reality gadgets. In the metaverse, we can do various activities such as interacting with other players, playing to buying land. Every transaction in the metaverse uses cryptocurrency or more commonly known as metaverse crypto.

Well, this article will review the top 5 meme cryptos in March 2024 based on popularity, community engagement, and growth potential. We will also tell you how to get this metaverse meme coin. Come on, see the review!

1. Bonk (BONK): The Solana Dog Who Can Make You Rich

Bonk (BONK) is a meme crypto launched on Solana in late 2022. Solana is a fast and cheap blockchain, which is suitable for metaverse applications. Bonk has real utility as the native token of Solanart's NFT marketplace. NFTs are unique and rare digital assets, such as images, videos, or music.
With Bonk, you can buy, sell, and exchange NFTs on Solanart.

You can also participate in Solanart's governance, which is to vote or propose to develop the platform. Bonk jumped 150% in March, from $0.01 to $0.025. This makes Bonk one of the highest growing meme cryptos.

Superiority:

Utilities and Integrations: Bonk plays an important role in Solanart, which provides long-term value. You can earn Bonk by selling your NFTs on Solanart, or buying them on crypto exchanges like MEXC.

Solana Ecosystem Growth: Solana is a popular and rapidly growing blockchain. Many metaverse projects use Solana, such as Star Atlas, Alien Worlds, and Dogwifhat. This could benefit Bonk, as the more Solana users there are, the more demand Bonk has.

Debilitation:

Dependence on Solana: Bonk is closely related to Solana. If there are any problems or challenges in Solana, it could have a negative impact on Bonk's price. For example, if there is a bug, attack, or competition with other blockchains.

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2. BEFE: A Trending Newcomer

BEFE, a newcomer to the meme coin arena, emerges at the end of 2023 with strong fundamentals and unique selling points. BEFE stands for "Best Ever Food Experience", which is a platform that connects users with the best restaurants, cafes, and food stalls around them. BEFE also has a gamification feature, where users can collect BEFE tokens by completing missions, writing reviews, and recommending their favorite places to eat.

Since the beginning of March, BEFEs have surged 23%, attracting attention on crypto forums. BEFE has a strong and active community, especially on Twitter, where they often hold giveaways, contests, and quizzes. BEFE also has the support of several crypto influencers, such as Crypto Rand, Crypto Lark, and Crypto Zombie.

Superiority:

• Market Sentiment: The positive sentiment of crypto drives the price of meme coins. BEFE attracted early investor interest and community enthusiasm.
• Hype Komunitas: Kehadiran online BEFE yang kuat, terutama di Twitter, menarik komunitas yang aktif mempromosikan koin tersebut.

Kelemahan:

• Sejarah Singkat: Sulit memprediksi lintasan BEFE di masa depan dengan pasti.
• Volatilitas Pasar: BEFE rentan terhadap fluktuasi pasar dan manipulasi.

3. Shiba Inu (SHIB): Pembunuh DOGE yang Bangkit Lagi

Shiba Inu (SHIB), diluncurkan pada tahun 2020, adalah koin meme terbesar kedua dengan komunitas loyal dan ekosistem yang berkembang. SHIB diklaim sebagai Doge Killer. SHIB adalah token asli dari ShibaSwap, sebuah platform pertukaran token terdesentralisasi yang memungkinkan pengguna untuk menukar, meminjam, dan meminjamkan token SHIB dan token lainnya. SHIB juga memiliki token saudara, seperti LEASH dan BONE, yang memiliki fungsi dan nilai tambah tersendiri.

Bulan Maret membawa lonjakan 220% bagi SHIB, melampaui rekor tertinggi dalam satu tahun dan mencapai $0.000045. Lonjakan ini dipicu oleh beberapa faktor, seperti integrasi dengan platform metaverse, pembakaran token sebesar $25 juta oleh tim pengembang, dan rumor tentang listing di Coinbase, salah satu bursa kripto terbesar di dunia.

Superiority:

• Strong Brand: SHIB has strong brand recognition and a loyal community.
• Diverse Ecosystem: The growing SHIB ecosystem with ShibaSwap and LEASH offers functionality and value proposition.

Debilitation:

• Limited Utilities: The value of SHIB is still speculative, just like other meme coins.
• Competition: The meme coin market is competitive, with new competitors such as BONK and BEFE.

Also Read How to Buy Crypto:

4. Dogecoin (DOGE): The Most Legendary Memecoin

Dogecoin (DOGE), launched in 2013, is the "grandfather" of meme coins with a strong community and support from Elon Musk. DOGE is one of the oldest and most popular cryptocurrencies in the world, with a market cap of $8.5 billion. DOGE is used as a means of payment, donations, and tips on various online platforms, such as Reddit, Twitter, and Twitch.

DOGE saw a 15% gain in March, reaching $0.06. This increase was influenced by Elon Musk's tweets about DOGE, which always attract media attention and affect prices. In addition, DOGE also received support from several famous figures, such as Snoop Dogg, Gene Simmons, and Mark Cuban.

Superiority:

• First advantage: DOGE is the first meme coin, building a loyal brand and community.
• Notable People Support: Elon Musk's tweet about DOGE attracted media attention and affected the price.

Debilitation:

• Limited Utilities: DOGE values are mainly speculative with few real-world use cases.
• Market Manipulation: The DOGE price is vulnerable to market sentiment and manipulation due to its large community.

5. Dogwifhat (WIF): The Dog with the Hat

Launched on Solana at the end of 2023, Dogwifhat (WIF) has impressed analysts with a 75% gain in March, reaching $0.20. WIF is the utility token of Dogwifhat, a metaverse platform that allows users to create, explore, and interact with colorful and imaginative virtual worlds.

WIF is used to buy and sell digital assets, such as land, buildings, and avatars, on the Dogwifhat platform. WIF is also used to participate in the governance of the platform, such as voting or proposals to develop new features. WIF has a deflationary model, which means the amount of WIF supply will decrease over time, which can increase the value of WIF.

Superiority:

• Solana Ecosystem Growth: Solana's increased adoption could benefit WIF.
• Deflationary Model: WIF deflationary tokenomics can encourage long-term holders, potentially positively affecting prices.

Debilitation:

• Dependence on Solana: WIF is closely related to Solana. If there are any problems or challenges in Solana, it could have a negative impact on the WIF price.
• Regulatory Uncertainty: Meme crypto regulation remains unclear, potentially hindering long-term adoption.

Conclusion

Thus a brief review of 4 other meme coins worth considering investing in 2024. Please keep in mind that meme crypto investments are always high risk. Invest only with cold money. Always do some research and analysis before deciding to invest in meme or any other crypto. Hope it is useful.

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How to Buy Shiba Inu (SHIB) on Bittime

You can buy and sell Shiba Inu (SHIB) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Shiba Inu (SHIB) is available on Bittime with the SHIB/USDT market pair. To be able to buy SHIB USDT on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy Shiba Inu (SHIB) on Bittime.

Monitor the price chart movements of Shiba Inu (SHIB), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

FLOKI Price Plummeted, What Happened to This Meme Coin?

BEFE, Memecoin that Attracts Investors' Attention - Opportunity or Sensation?

Dogwifhat (WIF), Solana Network's Memecoin Soars 200%

Shiba Inu Burn Token Makes Shiba Inu's Market Cap Soar Sharply

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.