**Best Meme Coins to Buy on Ethereum and Solana**
Crypto traders seeking quick profits often look for the best meme coins to buy. However, they face a decision between the Solana (SOL) and Ethereum (ETH) blockchains. Both have their advantages and drawbacks. Solana boasts low fees and fast transaction times, while Ethereum struggles with high fees but remains the primary hub for on-chain liquidity. According to DeFi Llama, Ethereum’s trade value locked (TVL) is close to $150 billion, whereas Solana’s TVL is just over $8 billion. When considering the best meme coins to buy, it’s crucial not to overlook either blockchain, as they play vital roles in the web3 ecosystem. Here are some of the top meme coins to consider on Ethereum and Solana:
**Shiba Inu ($SHIBA)**
Shiba Inu, an Ethereum-based meme coin, has experienced significant growth recently, with its market cap nearly quadrupling in the past 30 days, reaching around $20 billion. If the current crypto bull market surpasses previous highs, Shiba Inu could see substantial gains, making it a compelling investment option.
**Scotty the AI ($SCOTTY)**
Scotty the AI is a new Ethereum-based meme coin featuring a Scottish Terrier. Unlike other dog-themed meme coins, Scotty offers utility through its agile threat-detecting AI system, which enhances security within the crypto space. With unique features like a security chatbot and plans for a play-to-earn game, Scotty the AI has generated significant interest, with its recent ICO raising over $800,000. Priced at $0.00605 per token, Scotty presents a promising investment opportunity with the potential to reach a market cap of $200 million.
**Dogwifhat (WIF)**
Dogwifhat is a rising meme coin on the Solana blockchain, competing with established coins like Bonk to become a flagship meme coin. With a market cap of $1.8 billion and significant growth potential, Dogwifhat offers investors the opportunity for substantial returns. As a Solana-based meme coin, Dogwifhat is positioned as a strong contender in the meme coin market.
**Smog (SMOG)**
Smog is a smaller meme coin on the Solana blockchain that has garnered attention for its dragon-themed token and unique airdrop opportunities. Despite its modest market cap of over $70 million, Smog has attracted a dedicated community of over 30,000 holders. With the potential for significant gains and growing interest in Solana airdrops, Smog presents an intriguing investment prospect for traders looking to diversify their portfolios.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
