Since its inception in September 2020, BNB Chain has evolved to become one of the largest layer-1 blockchain networks. The chain’s connection with Binance, the world's leading crypto exchange, has contributed to its massive adoption and flourishing. Today, BNB Chain is a launchpad for a wide range of innovative crypto projects, including sensational meme coins. In April 2024, the team of the BNB Chain announced a competition with a $1 million prize pool. This was a call for creators to launch meme coins on the BNB Chain and contribute to the growth of the meme coin ecosystem. The results of this campaign prove that the interest in meme coins is flaring up! As the BNB meme coin market continues to grow, you may find it challenging to identify meme coins with explosive potential. We have conducted research and selected five of the most exciting meme coins on the chain to watch in 2024. Here is a gentle hint for investors to keep an eye on them! Important Disclaimer: While the below-listed meme coins are selected based on trading activity and popularity, their listing does not constitute investment advice. Carefully evaluate your risk appetite and do your own research on the listed coins before making any investment decisions.
Baby Doge Coin ($BABYDOGE) is a dog-themed meme token inspired by the popular Doge meme. The project aims to generate awareness of animal adoption and help save dogs. Since its launch in June 2021, the project has donated $1.4 million as a charity to various programs that align with its mission. The Baby Doge even earned a world record for the biggest amount of pet food donated in 24 hours. Alongside charity, $BABYDOGE also powers other initiatives within its ecosystem. An AI image and meme generator, NFTs, prepaid cards, branded merchandise, and a native token swap protocol are among the utilities. Baby Doge accredits its rapid surge to a tweet by Elon Musk, a dog-loving meme coin investor. As of now, this BNB meme coin has one of the biggest communities on social media with 2.1 million followers on X, over 60K community members on Telegram, and over 31K users on Discord. Although $BABYDOGE has expanded from the BNB Chain into Ethereum, it is still ranking as the leading meme coin on the BNB Chain with a market capitalization of $245.8 million at the time of writing. $BABYDOGE has a total supply of 420,000,000,000,000,000 tokens. It is deflationary, implying that the token supply is reduced gradually to bolster its value.
RichQuack ($QUACK) is a duck-themed meme coin led by a community of meme lovers. The project is coined from wordplay to mock those who want to “Get Rich Quick” within the crypto industry without putting in the work. $QUACK provides an opportunity for launching new projects. However, there is a requirement for creators – to go through a Know Your Customer (KYC) assessment. $QUACK also lets holders of at least 100 billion $QUACK tokens vote on upcoming proposals within the ecosystem through its DAO. $QUACK has a total supply of 100 quadrillion. The team has allocated 50% of these tokens to liquidity while the other half goes to the “Black Hole.” $QUACK has a market cap of over $57.6 million with $49.63K trading volume for the last 24 hours as of May 11th. Gate Labs, the investment subsidiary of the crypto exchange Gate.io, backs Rich Quack. This Binance meme coin also has massive support from its community of 337.1K followers on X, 37.3K+ members on Telegram, and 19.4K+ users on Discord.
BOOK OF DOGE MEMES ($BOMEDOGE) is a unique meme coin on the Binance Smart Chain that unites all dog meme coins in one book. It touts itself as the next big thing after Book of Meme ($BOME) and Dogecoin ($DOGE). $BOMEDOGE is on a mission to make dog meme coins great again and invites everyone who supports its vision to join the ecosystem. This BNB meme coin has a 4-phased roadmap planning CEX and CMC listings, airdrops, a dApp launch, and beyond. $BOMEDOGE has a market cap of over $79.6K as of the time of writing and $85.20K liquidity. It is now being traded at $0.0001204 and has 908 holders. Since its inception, the project has attracted over 6.2K community members across social platforms like X and Telegram.
Kiba Inu ($KIBA) is a dog-themed meme coin inspired by Kiba Inuzuka, a character within the popular Japanese anime Naruto. The character has a white-coloured canine partner called Akamaru which is featured as the meme coin’s mascot. Launched in August 2021, $KIBA has a total supply of 1 trillion tokens. $KIBA powers several products within the Kiba Inu ecosystem, including KibaSwap, Kiba game, KibaFomo, KibaTools, Kiba NFTs, and KibaReports. These utilities tied to the $KIBA meme coin have drawn thousands of dog lovers across social platforms. $KIBA has 23K followers on X and 3.2K+ members across Telegram and Discord. As of now, the project's market cap is $2.44M with $79.22K liquidity and 18.59K holders. It is now being traded at $0.0₅3185.
Baby Musk ($BABYMUSK) is a meme coin themed around the tech billionaire and meme coin maximalist Elon Musk. Its mascot portrays a lovely young boy dressed in a space suit. They call it Baby Elon’s bro who is here to become another crypto leader. This BNB meme coin is backed up by a pro team that has already launched the tokens that did more than 150X each. The project’s roadmap features four phases reflecting ambitious plans, including organizations of community events and giveaways, collabs with global influencers and media outlets, listings on various platforms, and beyond. $BABYMUSK has a total supply of one billion tokens. Its market cap is over $64K and $54.54K liquidity. $BABYMUSK is tradeable on such centralized exchanges like MEXC and LBank. The project’s popularity is growing with over 3K followers on X as of now.
These five meme coin projects on the BNB Chain have already shown solid performance in the meme coin market. Their market cap and number of community members continue to grow. Although these tokens attract significant interest from investors and have high growth potential, they do not guarantee a 100% return on investment. Therefore, everyone needs to conduct thorough research before investing in any of these Binance meme tokens.