Top 5 Bitcoin Ordinals Meme Coins to Watch in 2024
The introduction of Bitcoin Ordinals has revolutionized the Bitcoin blockchain by enabling users to inscribe data onto satoshis. This innovation has not only facilitated the creation of NFTs but has also given rise to a wave of meme coin projects on Bitcoin. These meme coins are merging the fun of internet culture with the robust security of Bitcoin.
Created by Casey Rodarmor in 2022, Bitcoin Ordinals aimed to "make Bitcoin fun again," and it has indeed opened doors for various meme coins to thrive on the Bitcoin network. Here, we spotlight five intriguing Bitcoin Ordinals meme coins to watch in 2024.
Important Disclaimer:** While the meme coins listed below are selected based on trading activity and popularity, their inclusion does not constitute investment advice. Be sure to do your own research and assess your risk tolerance before investing in these tokens.
Top 5 Bitcoin Ordinals Meme Coins
1. SATS ($SATS)
Launched in March 2023, SATS is a meme coin that honors Satoshi Nakamoto, the creator of Bitcoin. Named after the smallest unit of Bitcoin (0.00000001 BTC), SATS is currently the largest meme token on Bitcoin Ordinals, boasting a market cap of $549 million and a 24-hour trading volume of $26.12 million. The coin benefits from the overall positive sentiment around Bitcoin, often experiencing price increases in line with Bitcoin's performance. With a community of nearly 10,000 members on Telegram and 36,000 token holders, SATS is traded on major exchanges like Binance, OKX, and KuCoin.
2. PUPS ($PUPS)
PUPS, created in March 2023, is a community-focused meme coin known for conducting the first successful BRC-20 token airdrop on Bitcoin. Emphasizing meme culture without utility or roadmap promises, PUPS has rapidly gained traction, with a market cap of $170.2 million and a recent 23.49% increase in trading volume. With a total supply of 7.7 million coins, PUPS is supported by a strong community, boasting 40,000+ followers on X and 9,600 members on Telegram. It is available on exchanges such as Orca, Raydium, Meteora, Jupiter, and OKX.
3. Pepe BRC-20 ($PEPE)
Pepe BRC-20, introduced on March 9, 2023, brings the iconic Pepe the Frog meme to the Bitcoin Ordinals ecosystem. This frog-themed meme coin has quickly become one of the top-performing tokens, with a market cap of $7.68 million and a trading price of $0.1823, reflecting a 1.84% rise in the past 24 hours. Pepe BRC-20 enjoys growing attention and is traded on various exchanges including Gate.io, BitMart, UniSat, and BingX. The coin has a robust community with 7,600 followers on X and 4,600 token holders.
4. MEME BRC ($MEME)
MEME BRC, launched on March 8, 2023, is the second BRC-20 token created after $ORDI. This community-driven project was part of the first 1 million inscriptions on Bitcoin, contributing 10% of these inscriptions. With a market cap of $3.4 million and a daily trading volume of $1 million, MEME BRC has gained significant traction. The token has a fixed supply of 99,900 coins, with around 6,000 burned to increase scarcity. MEME BRC is listed on exchanges like BitMart, Gate.io, Hotcoin Global, and UniSat, with a growing community of 2,100 followers on X and 500 members on Telegram.
5. Noot ($NOOT)
Noot is an Ordinals-based meme coin featuring a playful penguin mascot. Aiming to replicate the success of other animal-themed meme coins, Noot is a community-run project with no centralized leadership. It has a fixed supply of 1 billion coins and a market cap of $3 million. Noot is gaining popularity and is available for trading on Gate.io, XT.COM, and UniSat. The token has attracted a community of 2,600 followers on X and nearly 2,000 members on Discord.
Conclusion
The Bitcoin Ordinals meme coins highlighted here each offer unique attributes and have shown strong community support and market performance. As with all meme coins, their volatile nature necessitates careful research and consideration before investing. These tokens represent exciting opportunities in the evolving Bitcoin ecosystem, but be sure to evaluate your own risk tolerance and conduct thorough research.