CRYPTO NEWS

5 Next Meme Coins to Explode May 2022

Meme coins have carved a niche for themselves in the crypto industry. These digital assets are known to be very susceptible to massive price swings, and daring investors love them for their ability to bring intermittent gains. However, finding the next meme coin to explode with several of these digital assets in the market can be difficult.

We’ll examine the best meme coins with the most potential. Interested investors should keep these assets on their watchlists.

1. Lucky Block (LBLOCK)

Kicking off our list of the next meme coin to explode is LBLOCK. While the digital asset isn’t a meme coin, it has massive prospects and is tipped to be the next big digital asset.

LBLOCK Price Chart

LBLOCK is the native token for Lucky Block – an innovative online gaming platform. Lucky Block uses blockchain technology to optimise transaction transparency and fairness, with LBLOCK as the ecosystem’s entry point. LBLOCK holders don’t need to buy traditional tickets and can use the coin to play the games available on the platform.

LBLOCK began trading in mid-January at a price of $0.00020. The digital asset surged by over 4,000% in a month and hit a high of $0.0096. Currently, the coin trades at $0.0012 – a drop of 11.29% in the past 24 hours.

Despite the drop, LBLOCK is very attractive to investors. The Lucky Block developers are amid a massive marketing blitz, signing celebrities like Dillian Whyte and rapper Jidenna. They’re also working on launching a daily jackpot draw, with the main prize pool of $2.37 million.

Lucky Block – Our Recommended Crypto of 2022

Our Rating

Lucky Block
  • New Crypto Games Platform
  • Featured in Forbes, Nasdaq.com, Yahoo Finance
  • Worldwide Competitions with Play to Earn Rewards
  • LBLOCK Token Up 1000%+ From Presale
  • Listed on Pancakeswap, LBank
  • Free Tickets to Jackpot Prize Draws for Holders
  • Passive Income Rewards
  • 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
  • $1 Million NFT Jackpot in May 2022

Lucky Block

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

2. Dogecoin (DOGE)

Second on our list for the next meme coin to explode is Dogecoin. The leading meme coin has maintained its position as a top dog (pun intended) in this category, and its place doesn’t seem to be under any type of threat.

DOGE Price Chart

Dogecoin currently trades at $0.1033 – a drop of 8.35% in the past 24 hours. As a large-cap coin, DOGE has seen its price significantly affected by the market downturn. Given that many assets in its market cap range are down by double digits, DOGE appears to be showing some resilience.

The resilience factor for Dogecoin remains one of its biggest selling points. Right now, the crypto market is witnessing a significant bearish momentum. However, while many meme coins are seeing their prices crater, Dogecoin is remaining quite strong. This is due in no small part to increased adoption as many believe that DOGE could be the next big thing for crypto payments.

The renowned movie theatre AMC now accepts DOGE for payments on its mobile app. Additionally, the iconic fashion house Gucci has now included crypto (with assets like DOGE) for in-house payments across several stores in the United States.

DOGE has also continued to get the same celebrity endorsement that made it a worldwide hit in the first place. Recently, rapper Ice Cube threw his weight behind the leading meme coin, claiming to be “down with the #DogeArmy” in a tweet from last week.

3. Shiba Inu (SHIB)

Next on our list of the next meme coin to explode is the self-styled “Dogecoin killer”, Shiba Inu. SHIB has had quite a historic run, breaking into the ranks of large-cap coins less than a year after it first entered mainstream consciousness.

The digital asset solidified its place late in November when its market cap briefly eclipsed that of Dogecoin. This surge hasn’t happened again, but such an occurrence revealed SHIB’s high potential. The current price of Shiba Inu is $0.00001515 – a drop of 8.23% in the past 24 hours.

SHIB Price Chart

Like Dogecoin, SHIB is getting more accolades for being a high–value payment channel. AMC Theaters’s crypto payment rollout last month included the asset along with Dogecoin. In addition, the Gucci in-house crypto payment adoption also included the Dogecoin killer

Another exciting development for Shiba Inu has come in the form of its foray into the metaverse. Last week, the Shiba Inu development team announced that SHIB holders can now use the token to purchase parcels of land in SHIB: The Metaverse – their new virtual reality and metaverse project.

There are currently over 100,000 different land parcels on offer in this metaverse. Presently, landowners in the metaverse will be able to earn passive income while also gathering in-game resources and exploring the virtual world.

4. Dogelon Mars (ELON)

Dogelon Mars is another asset that is slowly making waves among meme coins. While it doesn’t yet have the same popularity as heavyweights like DOGE and SHIB, the crypto asset could be the next meme coin to explode this year.

ELON Price Chart

Launched in April 2021, Dogelon Mars is a meme coin that seems to comprise three components – Dogecoin, Elon Musk, and Mars. Although the digital asset has had a much rougher time since its launch, its price has surged by over 1,000% since its launch.

Trading at $0.000000677, ELON is down by just 2.65% in the past 24 hours. When you compare that with the performances of several other meme coins, it’s easy to see that ELON is performing well in the face of the current downturn. Investors should consider buying ELON as it is an inflation-beating asset.

5. Floki Inu (FLOKI)

FLOKI is a meme currency that has recently amazed several crypto investors. At press time, the price of FLOKI stands at $0.00000958 – a drop of 11.62% in the past 24 hours.

FLOKI Price Chart

Despite the price drop, FLOKI has recently been in the news for ramping up a massive ad blitz in London. Towards the end of April, the asset’s developers began a huge ad campaign, putting the coin’s logo on 100 buses and over 200 locations across London Underground.

The ad blitz, along with the general crypto market flipping bullish, would most likely help to improve FLOKI’s reach and price.

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Costly Mistake: Someone Just Sold a Bored Ape NFT for 200 USDC

When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC. BAYC Holder Sells Ape #6462 for $200 On Sunday, Boredapebot,::Listen

When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC.

BAYC Holder Sells Ape #6462 for $200

On Sunday, Boredapebot, a Twitter handle that posts sales of Apes from the Bored Ape Yacht Club (BAYC) collection, revealed that someone sold Ape #6462 for a measly 200 USDC ($200).

img1_bayc
Bored Ape #6462. Source: OpenSea

BAYC is one of the most expensive NFT collections in the market, with its floor price currently at 101.75 ETH ($206,000). Considering that Ape #6462 has some of the rarest attributes, which include a bone necklace, police motorcycle helmet, and a bored pizza, it is possible that the most recent sale was yet another costly mistake.

If that’s the case, then it would mean the owner thought he was accepting an offer for 200 ETH instead of 200 USDC. This also means the former owner sold the Ape for 99.9% below the floor price.

Tax Evasion?

While a few crypto users sympathized with the seller, many strongly believe it was a tax evasion scheme, considering the circumstances surrounding the transaction.

The transaction history on OpenSea shows that the NFT has been sold a couple of times for not less than 2 ETH ($7,000) about a year ago. It also shows that Ape #6462 has been transferred at least five times between different wallets since it was minted.

Additionally, the buyer’s account on OpenSea was created this month, and the offer was accepted a few minutes after being received.

While one user suggested that it could be a really wealthy NFT holder who “sold their nephew one of their board apes for 200 USD,” another suggested said it was an insider job.

Regardless of the reason for the transaction, this is not the first time a BAYC holder has sold an Ape for a lot less than it is worth. Last December, the owner of Ape #3457 made a costly mistake by selling the NFT for $3,000 instead of $300,000.

5 Next Meme Coins to Explode May 2022

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