What is a Meme Coin? The Ultimate Guide For 2025

In the world of crypto, meme coins have created hype and buzz on social media.  Together with their uniqueness and popularity, meme coins have clearly grown over the years, and they are a lot of fun. Meme coins represent a unique segment of the cryptocurrency market, which has expanded quickly and captured many users worldwide. 

Have you ever wondered how meme coins work and how to own them? No worries, it’s not as complicate as you think. Selecting the right coin and knowing its attributes from scratch is the main process in knowing how a meme coin works. So, this complete blog will cover everything, right from its popularity and top-rated coins to the procedures to purchase the coins. Well, from this, you will come to know what makes meme coin developement so special in the crypto ecosystem. 

What is a Meme Coin?

A Meme coin is a type of cryptocurrency which was developed from the inspiration of internet events, humor, and jokes on online platforms. Unlike traditional cryptocurrencies like Ethereum and Binance coin, meme coins are created to obtain value from social buzz, influencer support, and community hype. In contrast, a meme coin doesn’t have a net worth and profitability like traditional cryptocurrencies. But it depends on the virality, with high risk at a low budget. 

Dogecoin (DOGE), inspired by the popular Doge internet meme featuring a Japanese Shiba Inu dog, was the first meme coin launched in 2013. This was started as a joke, and as a follow-up to this, there came popular meme coins like Pepe Coin, Bonk (BONK) and Floki Inu (Floki) etc. Moreover, you can collaborate with meme coins in the same way you collaborate with cryptocurrencies.

How Does a Meme Coin Work?

Meme coins were started as a form of token development and were built on blockchain platforms like Ethereum, Binance Smart Chain (BSC), etc. Moreover, the working style of a meme coin is the same as that of other cryptocurrencies and places significant attention on marketing. Even though the majority of meme coins are made for fun, their popularity and virality have made a huge impact on the market. 

However, the tokens are created using a smart contract by defining their supply, rules, and other tokenomics. Unlike other cryptocurrencies, meme coins get their value from virality, community enthusiasm, and market speculation. Despite its humorous origin it is important to have a basic knowledge about meme coins market trends to purchase them. 

Why Meme Coins Are So Popular?

Meme coins are popular for several reasons and have flourished for many users worldwide. Amidst the curiosity, meme coins were liked by most of the users because of their increased market capitalization. Besides this, some key factors that have made meme coins popular in the market are as follows. 

Profitable Entry Barriers:

Meme coins are readily available to a wide range of users because of their low cost and availability. Because of their affordable price per coin, investors can buy them in huge quantities. 

Developing Utility:

While the meme coins were started as joke, some have developed to integrate features such as gaming, non-fungible tokens (NFTs), and decentralized finance (DeFi). 

Community and Virality Engagement:

Meme coins create strong and humorous communities and thrive on active communities like Twitter, Reddit, and Discord. 

Viral Potential:

With celebrities like Elon Musk stating about Dogecoin, there has created more curiosity among users, which makes meme coins even more popular. 

Experimental and Educational:

The majority of meme coins play an experimental role in the growth of the crypto space. However, they can also be used in governance models, to test new technologies, and more. 

Accessibility and Simplicity:

Meme coins are very easy to understand and don’t require deep technical knowledge. 

An Overview of the Top Meme Coins of 2025

As there are a variety of meme coins in the market, here’s an overview of the popular coins and most liked coins that any user can invest in.

Dogecoin (DOGE)

• If you’re looking for the best meme coin for your investment opportunities, then choosing Dogecoin will be the right choice.
• This coin was created in 2013 and stands as one of the open-source coins for users currently.
• It is well known for its lighthearted nature, strong community engagement, and affordable transaction costs. Moreover, the role of celebrity recommendations, particularly from Elon Musk, has significantly influenced Dogecoin’s price in the cryptocurrency market.
• Dogecoin is primarily utilized for microtransactions, donations to charitable enterprises, and more.

Shiba Inu (SHIB)

• Shiba Inu is a DeFi that resembles the Japanese hunting dog.
• This cryptocurrency meme coin is based on the ERC-20 platform.
• With the decentralized finance (DeFi) platforms, this meme coin supports a vast ecosystem.
• Shiba Inu utilizes the proof-of-stake mechanism that gives authentic power to users with a larger number of SHIB tokens.

Dogwifhat (WIF)

• Dogwifhat, a Solana-based blockchain, is built with web-based richness and community platforms.
• Currently, it surpasses the Pepe coin and stands as a sizeable meme coin in the market.
• Though this meme coin has gained rapid popularity through its strong community and depends on virtual trends and social media attention, it is not as popular as Dogecoin and Shiba Inu.

Pepe (PEPE)

• Pepe coin is one of the best meme coins in the lateral entry series and has been well known for achieving more than 400% exponential levels of trading period since its launch.
• This coin was popular in the pre-2000s and operates on the Ethereum blockchain.
• This coin stands out for its impressive performance in growth under high-volatility conditions and positions itself as a notable meme-based digital asset.
• Nevertheless, the project’s no-tax policy and transparency about the lack of utility have become a part of it.

Bonk (BONK)

• Bonk coin is cost-effective and makes it accessible to a wider range of investors with its Solana blockchain.
• This coin works to bring back liquidity to Solana-based DEXs.
• This coin is unique with its tokenomics and has created a strong reputation in meme culture.

Floki Inu (FLOKI)

• A meme coin named Floki Inu, which adheres to both Binance Smart Chain 20 and Ethereum blockchain 20.
• This meme coin was named after Elon Musk’s own pet and became very popular with its significant growth in a short period.
• Rather than just being a meme coin, the Floki coin has placed its presence in the Web3 project with its distinctive improvements.
• Notably, the metaverse game of the Folki Inu project, Valhalla, has gained popularity among investors by generating Folki tokens to create avatars.

Popcat (POPCAT)

• Popcat is an internet-influenced cat-themed meme coin.
• This meme coin uses the Solana blockchain and leverages its strengths to deliver a unique experience for the users.
• The Popcat coin was introduced in 2021, and soon it gained popularity with its continuous growth and ideal foundation among all others.

Peanut the Squirrel (PNUT)

• PUNT, also Known as Peanut the Squirrel, which is a Solana-based meme coin. This coin was build and inspired by a comical squirrel character.
• With a stunning growth of 800% in the first week of its launch, PUNT has become one of the notable coins in the popular coins entry list.
• Beyond that, PNUT is a meme coin; it goes viral and humorous, symbolizing the rights of animal welfare and community unity.

Goatseus Maximus (GOAT)

• GOAT is a rapidly rising meme coin on social media that has captured the attention of meme coin enthusiasts.
• This is a Solana blockchain-based meme coin that represents a combination of memes, cryptocurrencies, and AI.
• The GOAT coin has a very low fee, making it an affordable choice for users, and is built with robust security features.

Donald Trump (TRUMP)

• A sarcastic meme coin called Donald Trump is made to make fun of the political leaders and to involve people, to get more coins, and to make them involved in the community.
• This meme coin has gained sufficient growth on online exchanges and trading platforms, paving an easy way for users to buy and trade it.
• The Trump meme coin provides powerful gaming and e-sports applications, where gamers can earn rewards and participate in new online communities.
• It is also used in charity and crowdfunding campaigns to provide and raise funds for new individuals.

How to Buy a Meme Coin?

Want to buy a meme coin but don’t know where or how to purchase it? No worries. Purchasing a meme coin on a centralized exchange (CEX) is the safest and easiest way compared to a decentralized exchange. Below, we have broken down the step-by-step procedure for purchasing a meme coin most simply. 

Step 1: Create a New Account

Begin the process by creating an account on a popular cryptocurrency trading platform. The platform may be either Ethereum or Binance Smart Chain (BSC). To create your account, you need to enter the required details, including your email ID, identification documents, etc. In case you are an existing user, you can enter your valid credentials and sign in to your account directly. 

Step 2: Verify the Identity

Once you have signed in to your account, you need to verify it to ensure its authenticity. To do so, complete the KYC (Know Your Customer) and AML (Anti-Money Laundering) verification processes to prevent and detect financial losses. Additionally, you need to complete the two-step authentication process for security purposes if needed. 

Step 3: Deposit the Funds

Now, you need to add funds to your wallet either via bank transfer or through a debit or credit card. You can even use crypto transfer if you own BTC, USDT, or ETH previously. Once you have added the funds to your respective wallet, you can start purchasing the meme coin that you wish to buy. 

Step 4: Search for the Meme Coin

Go to the exchange markets or trade sections and start searching for the desired meme coin. Under the search space, type in the particular meme coin’s name and hit the Buy option to proceed with the process. 

Step 5: Place Your Order

The next step is to place your order. Eventually, it is important to review and confirm the order details before you place it. The confirmation details may include particulars such as the desired amount, transaction details, etc. Moreover, you can even set your standard price and wait to purchase the coin until the price falls and hits the market. 

Step 6: Inspect Your Wallet

As a final step, the purchased meme coin will appear and be stored in your personalized exchange wallet with high security. You can now hold, withdraw, or sell the meme coins as you wish. 

Conclusion

Frequently, it cracked as a joke and a public trial, the meme coins earned a prominent market value and public attention from users due to their viral nature and community support. While they are a big part of the financial opportunities, they also carry significant risks. So, it’s recommended to undertake meme coin investments with caution and understand the potential losses beforehand. 

At BlockchainX, we help you get to know the meme coin that you wish to buy based on your own vision and desires. Using our above guide, you will get an entire purchase process from scratch to post development. Our team of developers is ready to guide you through the entire process till you get the coin.