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Event-based meme coins

The cryptoverse is vast and ever-evolving, with creative and fun innovations such as meme coins actively launching every day. Whenever a new meme or trend takes hold in the digital space, there's a high chance for one or even several meme coins to pop up. The next step is to get on everyone’s lips and make the community drive a token’s price higher and higher. Well, except for classic meme coins, a category known as 'event-based meme coins' has recently started to generate buzz. As you can guess from the name, event-based meme coins originate from current events bustling in the world and act as a proxy for the popularity of ideas or people. Sounds intriguing, doesn’t it? We have handpicked five of the most notable event-based memecoins making waves in the crypto space now. Get your eyes 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.

Top 5 Event-based Meme Coins to Know in 2024

Baby Lasagna ($LASAGNA)

Baby Lasagna ($LASAGNA) is a meme coin launched on the Solana network earlier this month. The central figure of it is Marko Purišić, a 28-year-old Croatian singer-songwriter and music producer who represented his country at the Eurovision Song Contest 2024. His song, 'Rim Tim Tagi Dim,' propelled Marko to second place at the contest. He scored 547 points and earned invaluable public admiration. This result brought Baby Lasagna the title of Croatia's highest-scoring Eurovision participant since 1993. Both the song and the meme coin itself capture the essence of venturing from the familiar to the unknown: the small-town boy heads for the big city, while the meme coin protagonist leaps into the unexpected territory of crypto. The team behind the project stated that the meme coin came as a way to combine that dynamic world of crypto with the personality and growing popularity of the artist. This is expected to allow the meme coin tap from Baby Lasagna's large fan base, which could amass a more robust community around the project. Baby Lasagna had a fair launch with no presale or airdrop activity. It has a maximum supply of 1B and a market cap of $4.73K as of now. The meme coin's fan base is still young and gradually growing, with 153 followers on X, 72 Telegram members, and 131 token holders.

Doland Tremp ($TREMP)

Doland Tremp ($TREMP) is one of the top event-based meme coins on Solana, with a market value of $113.40M and a daily trading volume of $3.76M. Launched in February 2024, $TREMP is inspired by former US president Donald Trump. The meme coin playfully but firmly touts itself as the billionaire president of Solana. According to its website, $TREMP is on a mission to make Solana great again and destroy Joe Biden forever. While the meme coin has experienced early success, it could witness a significant surge if Trump emerges victorious in the upcoming US Presidential election in November. Most bettors backed him to win the election over Biden. $TREMP has a total supply of 99.89B coins, all of which are already in circulation. It has built a strong and passionate community of 22.K X followers, 7.4K Telegram subscribers, and 30.83K token holders. The meme coin can be traded on popular crypto exchanges, including Raydium, HTX, and MEXC.

American Coin ($USA)

American Coin ($USA) is one of the event-based meme coins that launched ahead of the Olympic Games. This iconic event will take place in Paris this July. While the token has surged by more than 74,000% since its inception, investors believe the token has room to grow even more when the event kicks off. $USA has a fixed supply of 11.62T with a market cap of $40.82M at the time of writing. The meme coin has garnered an active and passionate community of 7.46k followers on X and 857 members on Telegram. $USA can be bought on Raydium.

Jeo Boden ($BODEN)

Following the footsteps of Donald Trump-inspired memecoin, Joe Boden ($BODEN) emerged in March 2024 – a month after the launch of $TREMP. The token humorously references Biden and capitalizes on the upcoming US president's re-election campaign. The Solana-based memecoin experienced a significant surge one month after launch, reaching nearly a penny per token. However, it has since corrected, and it is currently being traded at $0.3192. The token has a fixed supply of 690.26M and a market cap of $217.49M. The meme coin's social media presence is gradually growing, with 4.5K followers on X and 7K Telegram subscribers. It has 41.31K holders as of now. $BODEN is one to watch as the US election season heats up.

elizabath whoren ($WHOREN)

Launched on the Solana network in March 2024, elizabath whoren ($WHOREN) is a memecoin inspired by US Senator Elizabeth Warren. The token is building a crypto army to take over the traditional financial system as it believes fiat currency is for money laundering. The $WHOREN roadmap includes taking over banks and replacing the Fed with a crypto reserve system, among other things. At the time of writing, $WHOREN is being traded at $0.03411 with a daily trading volume of $53.02K and a market cap of $3.34M. This market value is expected to rally if Warren emerges victorious in the upcoming US Senate election to represent Massachusetts. $WHOREN has an active social media presence, with 5.5K followers on X and 1.3K subscribers on Telegram. It can be traded on Jupiter and Raydium.

Conclusion

Event-based meme coins are a fascinating subject, emerging in the crypto realm. While highly volatile,  these digital tokens offer a unique path to connect with social movements. As the world continues to witness endless events and captivating personalities, event-based meme coins are likely here to stay.