Meme coins are an excellent alternative if you’re searching for a high-risk, high-reward investment. This article examines CoinMarketCap’s top three trending meme coins for today, December 22nd.
INU SHIBA (SHIB)
Shiba Inu, the king of all meme coins, is today’s seventh most popular cryptocurrency on CoinMarketCap.
SHIB has been on a downward trajectory after achieving an all-time high of $0.0000844 on October 25th. However, the price has recently seen a substantial upward trend after rising from $0.00002887 on December 20th.
The price of SHIB climbed by 6% today, and it is now trading at $0.00003342. It has a market cap of $18.3 billion, making it the 13th most valuable cryptocurrency.
Baby Floki Billionaire (BabyFB) is the fifth most popular cryptocurrency on CoinMarketCap, as well as the second most popular meme coin. It is based on the son of the legendary and now popular coin Floki.
BabyFB is the newest coin for fans of memes and dogs. It was introduced in October and has maintained a strong trading volume for more than two months. Baby Floki Billionaire has accomplished quite a feat, given most meme currencies fade away within months.
When it comes to BabyFB’s tokenomics, there is an 18 percent sell tax and no buy tax. This increases the demand for the token and makes it more difficult to sell it. The above tokenomics maintain the trade volume high, therefore it appears that this economy works out for BabyFB.
BabyFB is currently trading at $0.000000003325, up more than 55 percent in the last 24 hours.
On CoinMarketCap, NOSHIT is the third most popular cryptocurrency, and the first most popular meme coin.
NOSHIT bills itself as the “ultimate shitcoin,” as its name suggests. The following is taken from their official website:
“NOSHIT Coin is an honest utility token that doesn’t pretend to solve the world problems. It only focuses on the NOSHIT Community, with the only goal of building an attractive and profitable ecosystem.”
NOSHIT has a market cap of $788k and is currently trading at $0.000000000008045 (that’s 11 zeroes). It has a self-reported circulating supply of 100 quadrillion and a 24-hour trading volume of $186,000.
NOSHIT is available for purchase on PancakeSwap.