It's an unreal timeline,one in which fundamentals and all that can make sense does not seem to play any role in asset's valuation.The most heretical and unique idea works,often without any explanation as to why. But have no fear,unlike fiction it does not have to make sense in reality. Meme coins derive their value in the most simplest way possible,how much the people value them.They dont claim to do anything much and admit that they are there for the meme value .You can continue arguing every time,every day against the meme coins or you can hug the dark side and still make some money. Let's see the top 5 meme coin by market capitalization list and we were this close to adding Bitcoin to the list.
source
- Baby Doge Coin (BABYDOGE)_ Marketcap 517 Million Dólares
You think that the father Doge was trouble? Wait until you meet the baby Doge. Again created as an experiment in memeficatoin and community ownership,the baby Doge exist on the Binance Smart Chain (BSC).BABYDOGE features a burn mechanism and also redistributes some percentage amongst its's holder through texting,when sombody trades it on-chain,allowing holders to earn yield in an automatic manner. It's number 5 on our meme coin and 171 in all assets list,which is incredible.
source
- Samoyedcoin(SAMO)_ Marketcap 534 milion Dólares
The number 4 ontop 5 meme coin list is Samoyedcoin,existing on the Solana blockchain. According to the website,samoyed or camoe is a specie of dog originating from Eastern Europe. A region from where Solana's co founder Anotoly Yakevenko came from, its claimed to be Solana's mascot and ambasssdor .But thats not it,it also carries the name of FTX CEO_Sam Bankman-Fried.Solana Doge now, that be with a market cap of $534 million, its also ranked 167 in all asset's ranking by market cap!
source
- Yooshi (YOOSHI)_Marketcap 566 million Dólares
We have another competitor for the top 5 meme coins list from Binance Smart chain (BSC) list. Yooshi is ranked 3 on the list and features more than just a token. The weired looking frog/lizard hybrid features a game pad _ where game developers can make money,a Yooshi lab to incubate games and play to earn guild alliance to offer users the grace to earn through gaming. With a market cap of $556 million, its ranked 160 in all asset list.
source
- Shiba Inu (SHIB)_Marketcap 39 Billion Dólares
The number 2 on the top 5 meme coins list and self- declared DOGE Killer, Shiba is another meme and community based dog themed token. According to the official description. SHIB is an experiment in decentralized spontaneous community building". SHIB has a total supply of 1,000,0000,000,000,000 ( or 1 quadrillion) tokens. The project is named after the breeed of hunting dogs in Japan. It exist on the Ethereum blockchain,has a market cap higher than many ( very serious) projects at a whooping $39 billion and is number 9 on the all assets list leading meme-coin,but is now back at being the second (probably for a short while only).
source
Number 1 In Ther Top 5 Meme Coin is Dogecoin (DOGE)_Marketcap 40 Billion Dólaries
The original meme coin (after Bitcoin of course), Dogecoin was launched on its own blockchain somewhere in the year 2013. Since then,its been an uphill battle for the dog themed token until the year 2021,when it started to rise upwards seeing a meteoric rise of over 20,000% in the year!
source
It has been rapidly promoted by the worlds richest man Elon Musk,who seems to have taken an observation with the cute dog and even finded a SpaceX project using th DOGE token. With a market cap $40 billion Doge is ranked 9 on the all assets list and ranks number 1 in the current top 5 meme coins list! It has a pratically unlimited supply,but lets not worry about that. Source