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Five meme coins to watch this alt season

Five meme coins to watch this alt season - meme coins
Five meme coins to watch this alt season

Investors tracking the meme coin market before the next altcoin surge have identified five projects that combine viral trends with practical features, presale activity, or gaming elements.

Love Hate Inu builds on Doge with a voting system

Love Hate Inu (LHINU) raised $6.8 million in its presale, setting itself apart from typical Doge imitators. Its key feature is a blockchain voting platform that rewards users for staking tokens and taking part in polls. Poll creators maintain control over the topics, a structure the project calls “community-led decentralisation.”

Shiba Inu expands beyond memes into DeFi and NFTs

Shiba Inu (SHIB) has grown beyond its meme coin roots by launching a decentralised exchange and an NFT marketplace. These moves target a wider crypto audience. The team plans deeper integration with decentralised finance, though adoption has been inconsistent.

The coin’s existing user base provides an advantage in testing real-world applications. Yet its price still follows broader market trends more than its utility would imply.

DigiToads blends NFTs, staking, and play-to-earn gaming

DigiToads stands out by merging NFTs, staking rewards, and a play-to-earn gaming platform. Early presale interest was strong, and its roadmap outlines an open economy where users earn tokens through gaming, staking, or community activities. The concept aligns with other gaming-focused cryptocurrencies but hasn’t matched the track record of larger players.

Related: Ten Startups Chosen for Nairobi Tech Summit Showcase

Evil Pepe Coin reserves 90% of supply for presale investors

Evil Pepe Coin allocated 90% of its tokens to presale buyers, positioning itself as a bold alternative to Pepe Coin. The project emphasizes practical use over speculation. Its presale has ended, and the coin now trades on secondary markets, though liquidity lags behind more established meme coins.

Sponge V2 leans into play-to-earn gaming

Sponge (SPONGE) jumped 4,000% after its May 2023 debut. The second version, Sponge V2, focuses on play-to-earn gaming to drive growth. It launched directly on Uniswap without a presale, sparking a 320% price increase within hours. Since then, it has attracted 11,000 token holders and a social media following.

At $0.0008159, SPONGE trades 70% above PEPE, another non-Doge meme coin that gained attention in 2023. Over half the token supply is set aside for staking and gaming incentives. The project’s long-term viability remains untested.

Older meme coins like Dogecoin and Shiba Inu depended mostly on hype. The newer generation, including Sponge V2 and DigiToads, ties value to features like gaming or staking. These efforts may not survive market shifts, but they offer a different option for investors wary of pure speculation.

Presales continue to attract early buyers, though risks remain. Some projects deliver strong returns, while others struggle post-launch. Experts suggest reviewing roadmaps and tokenomics before investing, but in the meme coin space, momentum often outweighs fundamentals.

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