Coin memes have historically been seen as a way to generate interest in the crypto space and as a form of light-hearted humor, as well as an investment vehicle if it is volatile.
However, in 2023, some of them are also delving into the political landscape and helping many first-time buyers get rich in the process.
Below, we take a look at some of the trendiest crypto-asset memes that have moved beyond the usual Dogecoin and Shiba Inu memes to embrace politically charged memes known outside of the crypto space.
Wojak ($WOJAK)
The only thing that embodies memes is the depiction of human emotions, but only a limited number of them were under the same umbrella.
Wojak cryptocurrency belongs to the latter faction as it captures the emotions of users.
Project Wojak , named after the popular internet meme of the same name, aims to bring people from different backgrounds and walks of life together using the power of memes.
Thus, users can easily create more cartoonish meme images using its intuitive protocol.
Wojak thrives on a transparent ecosystem that makes these different versions of the internet sensation publicly available.
Despite this, the Wojak crypto project provides the most reliable decentralized platform that allows meme enthusiasts to connect and create new relationships based on shared values and shared experiences.
Like most crypto projects, the Wojak ecosystem runs on its own token of the same name, $WOJAK.
The meme token became one of the earliest sensations in the meme cryptospace as it surged more than 100% in a matter of days, reaching $100 million at the height of its growth.
Continuing its amazing rally, the $WOJAK token jumped to an all-time high (ATH) of $0.00115.
However, like most cryptoassets last week, the ERC-20 token lost most of its growth, falling more than 87% for the week.
Its fully diluted market valuation has now recovered to $15.7 million. The trading price of the asset also fell to $0.000227, although it gained 12.39% bullish in the last day.
Despite this, the $WOJAK token has not lost its appeal among crypto investors.
The meme token intends to get an exchange listing on the Bybit platform. It was recently featured in the Bybit list voting campaign along with other promising meme coins in the crypto ecosystem.
Pepe ($PEPE)
The Pepe the Frog meme is one of the most popular memes on the internet since the advent of social media platforms.
An Internet meme has now created its own cryptocurrency with a greenish frog-like head.
Pepe is one of the most popular cryptocurrency memes after capitalizing on the popularity of meme coins like Dogecoin and Shiba Inu.
Thanks to the token with a similar name, $PEPE, the market valuation of the crypto project increased to 1.6 billion dollars in two weeks.
This has resulted in several early adopters making over 4000% net profit.
$PEPE has become the new face of the meme coin season, allowing several other community driven meme coins to rise to prominence in a short time.
However, the meme project has caused a bit of a stir in the crypto space.
While a number of cryptocurrency exchanges, such as Gemini, began supporting the meme star, Coinbase dubbed Pepe a “hate symbol,” according to the Anti-Defamation League, which it cited.
This drew widespread criticism from within the crypto space, with several customers publicly moving their funds to rival exchanges and canceling their subscriptions to Coinbase One.
Despite the bad labeling, $PEPE token continues to post positive signals and is trading at $0.00000159, indicating an uptrend of 3.86% in the last day.
This points to the strong appeal of the meme project despite being labeled a political movement by many centralized bodies.
Copium ($COPIUM)
While the crypto space has spawned a few millionaires thanks to its extraordinary rise in value, many investors have been hurt by the drop in prices.
Copium , a new cryptocurrency project, aims to be a last resort for investors caught in the middle of price spikes only to see sudden recoveries.
According to the team, Copium is not just a token, but a movement driven by laughter, communication, and the shared experience of navigating an uncertain cryptolandscape.
Essentially, the project aims to become a cryptocurrency platform that investors can turn to after suffering losses.
Populating the meme of a cartoon character with a sad face, Copium embodies the spirit of the Internet, where resilience and humor are the only ways to continue functioning.
Copium is inspired by the Wojak meme project. However, it differs in its purpose as it aims to help distressed investors deal with their previous losses.
Copium is the new winning strategy, according to the anonymous developers, and Copium will help investors turn their losses into profits.
The project also includes a non-fungible token (NFT), which is planned to be released on the OpenSea NFT market.
The project already enjoys massive support from some of the biggest names in cryptocurrency. A recent example is @MattInWeb3 who has publicly supported the project.
The project has also hit the high card among investors after recently being featured in the list of top gainers by trading volume on Dextools.
Copium also raised over $8 million in less than five minutes after launch, which clearly highlights the explosive growth around the coin.
Generation Wealth ($GEN)
Rounding out our lineup of viral meme sensations is the $GEN token, which uses Chad’s sideways meme.
According to the development team, owners of Chad memes can better unlock the asset’s full potential by holding its native $GEN token.
Similarly, the token will help users gain access to Memeopolis Generation Wealth, which provides an avenue for users to trade memes and generate wealth.
Since its debut, the $GEN token has jumped to $20 million, before returning to $5 million a few days later.
At press time, the digital memes token is trading at $0.00000001371, down 43.71% in the past day.
However, a strong return to the crypto market could potentially see the meme coin gain 7x to $100 million.
Conclusion
Meme tokens have become the best adaptation sub-sector in the crypto space.
Given the huge potential that most of them have, projects with a fun theme are becoming more and more popular.
In our article, Copium presents the best political memes that grace the cryptospace.
The sharp increase in the project’s market valuation and its serial support make it a viable option for many investors looking to get an early start on a promising project.
