Best Meme Coins To Invest In Today Sunday, May 5 – Chihuahua, Shibaken Finance, Guacamole, Smog

On May 5, 2024

Join Our Telegram channel to stay up to date on breaking news coverage

The meme market is primed with mixed movements. Firstly, Dogecoin resumes its push for a new ATH. On the other hand, other meme coins established themselves as noteworthy assets, appearing on the top trending crypto coin list on CMC several times in the previous week.

Finding the best meme tokens to buy right now is a continuous task, with many tokens launched on Coingecko and CMC daily. We explore some of these meme tokens that are worth investing in.

New and Best Meme Coins to Buy Now

The meme token trend is gathering momentum as the new week begins. Consequently, the market sees fresh trends post Bitcoin-halving, with Shibaken Finance, Chihuahua, and Guacamole being standout tokens to watch. Crucial details about these tokens will be covered in the post.

Meanwhile, Smog launched its second season of airdrops on April 4th. This ongoing campaign evaluates SMOG holders’ on-chain engagement since the token’s inception. Also, participants are rewarded for completing community challenges through the meme coin’s season two questboard on Zealy.

1. Smog (SMOG)

SMOG is currently valued at $0.07 per token and has seen a notable uptick in trading activity over the past 24 hours. Its price surged by 2.4% over the previous seven days, building on a 36.56% increase since its launch.

The project launched its second season of airdrops on April 4th. This ongoing campaign evaluates SMOG holders’ on-chain engagement since the token’s inception. Also, participants are rewarded for completing community challenges through the second season’s questboard on Zealy.

Investors are encouraged to consider trading SMOG to optimize their XP gains and to engage in challenges hosted on Zealy to earn rewards. Furthermore, SMOG’s recent performance reflects positive market sentiment.

The Fourth Phase of the #SMOG #Airdrop is complete! 🎉🐉
🎁 For those who were due 100 $SMOG or less for Season 1 have now received their full airdrop! 💰
Get some more XP by trading $SMOG and let the #Dragon set the #Memecoin world on fire! 🐲🔥https://t.co/3EQxvQwsw3 pic.twitter.com/OsaYOU6fak
— SMOG (@SMOGToken) May 5, 2024

This is supported by its innovative approach to incentivizing token holders and fostering community participation through its airdrop. This strategy aims to enhance user engagement and reward active contributors within the SMOG ecosystem.

Visit Smog Website

2. Shibaken Finance (SHIBAKEN)

Shibaken Finance is the inaugural decentralized platform featuring a bridge project encompassing Ethereum, BSC, and Polygon. Inspired by the intelligent and protective Kia Ken dog breed, the project aims to embody these traits while serving global communities. Its objective is to build a comprehensive ecosystem by providing cross-chain bridges, yield farms, staking, and a swap platform.

Furthermore, Shibaken Finance is committed to supporting communities in need as a community-driven, decentralized financial entity. Beyond conventional crypto functionalities, the platform prioritizes addressing community necessities such as food, energy, water, security, and protection. The primary ecosystem token, SHIBAK, not only aids in fundraising for charitable causes but also facilitates cryptocurrency trading.

Meanwhile, the Shibaken Finance team of developers has demonstrated a steadfast commitment to the project, which is evident in their consistent updates and continuous development of new use cases. Additionally, the project prioritizes transparency by undergoing regular audits.

Moreover, introducing the Shibaken Bomb (sBOMB) underscores its dedication to innovation, intending to incorporate gaming and automate charitable giving. Also, Shibaken Finance unveiled a new venture called Shibakery, which is aimed at assisting new tokens in developing unique use cases.

Our correct Telegram group is https://t.co/URnuS2hdUQ. Scammers are parking on our original public group name. They are telling you to connect your wallet. Don’t do it. They will drain your Shibaken wealth. We will update our socials as soon as we can.
— House of Shibaken (@ShibakenFinance) May 4, 2024

As part of its ongoing developments in crypto, the Shibaken team unveiled its intention to partner with adaptable search queries for “projecqueryscovery” Subsequently, it announced its strategic partnership with MoonFactor. MoonFactor’s customizable search queries and practical UI design will save time. It will also increase operational efficiency by pinpointing search queries directly into new and emerging market sectors.

Notably, the token displayed green days in the last 30 days. It also trades 7.25% above the 200-day SMA, demonstrating its growth potential. Furthermore, its price surge of 8.3% earlier in the week is partly due to its proposed partnership deal. SHIBAKEN is valued today at $0.00000000001937 indicating a 24-hour increase of 3.5%.

3. Guacamole (GUAC)

Guacamole is a community-centric Solana-based token originating from a meme. It has since developed into a more critical cryptocurrency. With a dedication to promoting expansion through various channels, GUAC emphasizes market accessibility and widespread distribution.

Furthermore, the platform strives to introduce beginners to crypto by delivering entertaining and user-friendly apps. GUAC also aims to inject excitement and enjoyment into its crypto expedition. The Guacamole.gg DeFi suite embodies this strategy, carefully developed with unique elements expressing several aspects of the Solana-based application. Also, GUAC coins can be traded on decentralized exchanges like Raydium.

Meanwhile, Zebec Protocol has announced a partnership with Guacamole. As part of this collaboration, Zebec will be integrating the Guacamole token into its platform.

YES, WE WERE CREATING THE LIQUIDITY POOLS ON GUACSWAP FOR TOMORROW’S LAUNCH 🎉🎉🎉 https://t.co/xVD7MnoXAK
— GUACamole 🥑 (@guac_gg) May 5, 2024

Moreover, GUAC displayed a neutral market sentiment performance, with a $0.0000002793 signifying a 35.8% increase in the last seven days. This growth exceeds similar Solana Ecosystem cryptocurrencies and the global cryptocurrency market. The token has surged 5.8% in 24 hours. Holders continue to be optimistic about GUAC since its increase in 1 month still stands at 46.09% and 965% YTD.

With 30 green days in the last 30 days, GUAC is poised for a price correction. GUACamole’s active development, community focus, and solid performance make it an intriguing option for diversifying its crypto portfolio.

4. Chihuahua (HUAHUA)

Chihuahua is a community-owned meme coin in the Cosmos ecosystem that operates on its own PoS blockchain. It features governance capabilities and smart contract support for degen apps development alongside an upcoming Huahuaverse.

Meanwhile, Chihuahua is an eco-friendly and sustainable blockchain. It uses the Inter-Blockchain Communication Protocol (IBC) to communicate easily with other chains. The token offers users the opportunity to stake HUAHUA for rewards and governance rights. Also, being the first interoperable meme coin with a Proof-Of-Stake (POS) blockchain, it is uniquely positioned within the Cosmos ecosystem.

Furthermore, Chihuahua sets itself apart even more with the creation of Dogmarketcap, which provides real-time access to data on the cryptocurrency market with a primary focus on meme coins. Its blockchain prioritizes sustainability, using less energy than Ethereum and Dogecoin, and is based on the Cosmos SDK and Tendermint consensus.

To position itself as the ultimate platform for developers, the team behind the project has made the interface easy to use. Also, with the development of the Chihuahua meme coin 2.0, the price of its token will keep rising.

📢 Chihuahua will be joining MEMECON!
Gadgets, memes, and surprises will be waiting for you! 🧢🐶🫵@MEMECON_lol is the first-ever Memecoin conference with:
🚀 Over 50 partners
🐶 4k+ attendees
🇵🇹 Taking place in the heart of Lisbon!
Come get REKT! 🔥#memecoin #memecoins… https://t.co/fYO1ViBwMr
— Chihuahua ($HUAHUA) (@ChihuahuaChain) May 3, 2024

Moreover, ASH DAO announced that it has reached out to Chihuahua’s team for a partnership to enhance Chihuahua Chain’s utility and introduce new features. It ASH DAO hopes to use its BadDog component to link communities.

Chihuahua announced on its Twitter page that 100 million $HUAHUA has been burned. This news has seen the token’s value now priced at $0.0001237, up almost 4%.