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13 Best Solana Meme Coins to Watch in 2024

16 mins
Updated by Dani P
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While the bulls are beginning to take charge of the wider crypto market in 2024, Solana is enjoying a meme coin bull run of its own. Many Solana-based tokens are recording large trading volumes and significant gains. For those looking to get in on the hype, this guide lists the top Solana meme coins in 2024.

Methodology

Top Solana meme coins in 2024

1. Dogwifhat (WIF)

Price: $2.22
Where to buy
Gate.io
Where to trade
Binance
Where to store
OKX Wallet

2. Bonk (BONK)

Price: $0.00002159
Where to buy
Coinbase
Where to trade
Binance
Where to store
OKX Wallet

3. Book Of Meme (BOME)

Price: $0.0147
Where to buy
Binance
Where to trade
KuCoin
Where to store
OKX Wallet

4. Slerf (SLERF)

Price: $0.59
Where to buy
Bitget
Where to trade
MEXC
Where to store
OKX Wallet

5. Wen (WEN)

Price: $0.0002858
Where to buy
Gate.io
Where to trade
KuCoin
Where to store
OKX Wallet

6. Popcat (POPCAT)

Price: $0.18
Where to buy
Raydium
Where to trade
Orca
Where to store
OKX Wallet

7. Smog (SMOG)

Price: $0.18
Where to buy
Raydium
Where to trade
Orca
Where to store
OKX Wallet

8. Jeo Boden

Price: $0.24
Where to buy
Raydium
Where to trade
ORCA
Where to store
OKX Wallet

9. Peng (PENG)

Price: $0.53
Where to buy
Bitget
Where to trade
Gate.io
Where to store
OKX Wallet

10. Duko (DUKO)

Price: $0.00667
Where to buy
Bitget
Where to trade
MEXC
Where to store
OKX Wallet

11. DogWifCat (DWIFC)

Price: $0.01
Where to buy
Raydium
Where to trade
Orca
Where to store
OKX Wallet

All data for market capitalization and trading volume was sourced from CoinMarketCap and Dexscreener and is accurate as of March 23, 2024, unless stated otherwise.

Solana meme coins compared

TokenTickerMarket CapPrice
Dogwifhat WIF$2.26 billion$2.22
BonkBONK$1.40 billion$0.00002159
BOOK OF MEMEBOME$999.18 million$0.0147
SlerfSLERF$304.31 million$0.59
WenWEN$201.9 million$0.0002858
Popcat (SOL) POPCAT$172.76 million$0.18
SmogSMOG$153.79 million$0.18
Jeo BodenBoden$120.5 million$0.24
PengPENG$57.40 million$0.53
DUKODUKO$47.55 million$0.00667
DogWifCatDWIFC$11.39 million$0.01
PonkePONKE$29,07 million$0.06
BOZOBOZO$4.28 million$0.00000005871

How we chose the top Solana meme coins

We assessed a variety of tokens on Solana and used a few key criteria to determine the top Solana meme coins. Here are three key factors we considered.

1. Market capitalization

The total value of a cryptocurrency’s circulating supply is its market capitalization (market cap). This is calculated by multiplying the current market price of one token by the total number of circulating tokens. The market cap is a great metric for evaluating the interest in a particular token. The larger the market cap, the less susceptible the token will be to market manipulation.

2. Trading volume

The trading volume is the total number of tokens traded for a particular crypto within a specific period, typically calculated over 24 hours. It indicates how many trades of a particular crypto have been made and is used as an indicator of market activity and liquidity.

Trading volume indicates the amount of activity and demand for a particular asset. When used in tandem with a token’s market cap, it helps assess the amount of organic interest generated for a particular mem coin.

On the other hand, trading volume is susceptible to manipulation from wash trading and trading bots. Traders with significant capital can create new tokens and high amounts of on-chain activity by trading with each other before selling their tokens to the new inflow of unsuspecting users.

3. Launch date

Most meme coins have relatively short life spans, with the exception of now-established projects like Dogecoin or Shiba Inu. Additionally, many of the tokens with increased activity on Solana are less than a few days or weeks old in many cases.

Therefore, it is important to consider launch dates in order to find the meme coins that have genuine activity. Many analytical tools can display the top gainers, trading volume, and liquidity based on algorithms. However, these metrics can be strongly influenced by trading bots and pump-and-dump groups. As a result, older tokens were prioritized when the top Solana meme coins were selected for this list.

What are Solana meme coins?

Solana meme coins are a new category of altcoins and a subcategory of meme coins. Similar to traditional meme coins, they have the following attributes:

  • Based on popular internet memes
  • May have a logo of an animal or misspelled/nonsensical names
  • Typically, they have no inherent utility other than speculation
  • Usually have large token supplies in the billions, trillions, or quadrillions
  • May have unknown founders
  • Often trade for fractions of a cent or a dollar
top solana meme coins
Top Solana meme coins: CoinMarketCap

Dogecoin (DOGE) was the first ever meme coin. It was created in 2013 as a joke, using an image of a Shiba Inu dog as the logo. Many more meme coins have since launched, first on the Ethereum blockchain and now on Solana.

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How do Solana meme coins work?

Solana meme coins work similarly to all meme coins in that they are simply a token or smart contract on the blockchain. The primary difference is that they are SPL programs. These are the standard types of tokens used on the Solana blockchain for creating custom tokens, including cryptocurrencies and other assets. SPL tokens can represent any type of asset, are transferable, and leverage Solana’s high-speed and low-cost transactions.

SPL tokens can be integrated into Solana’s decentralized applications or exchanges and used for a variety of purposes such as trading, staking, and participating in DeFi activities.

There must typically be a unique set of circumstances for any new trend to take off. The buzz around Solana meme coins is no different — here are some of the reasons why Solana is home to so much meme coin activity in early 2024.

Low fees

Firstly, Solana is a high throughput blockchain with ultra-fast block times. In layman’s terms, this means that it can process transactions fast and cheaply. This feature is paramount, considering meme coins are very volatile and can experience large price swings at a moment’s notice.

Users want to “ape” in or trade a meme coin fast and with low transaction costs. In contrast, Ethereum has a relatively slow block time compared to Solana and much higher fees. Users will incur high fees to buy cheap tokens. This will eat into a trader’s profit, limiting the potential upside for any investment, meme coin or not.

For example, the price for swapping ETH for PEPE is about $10 as of March 23, 2025. This type of transaction was even more expensive before Flashbots. In contrast, gas fees on Solana are a fraction of a penny.

pepe fees on uniswap
Gas fees on Ethereum: app.uniswap..org

Less MEV

Users flock to Solana (and layer-2 blockchains) because the fees are low, and there is somewhat better transaction execution in terms of MEV.

With Ethereum, users must remain cautious of MEV exploits of their transactions from sniper bots, builders, and validators. In this scenario, MEV results in worse order execution and more sensitive trades, potentially eating into a user’s profits.

Because there is so much MEV opportunity on Ethereum, compared to Solana, the latter is naturally the better choice in this scenario. For example, Solana’s total MEV arbitrage profit for 2023 was a mere $3 million. In 2022, Ethereum arbitrage bots generated over $300 million.

Ethereum mev
Ethereum MEV profit (last seven days): Eigenphi.io

Not only will MEV bots sandwich your trades, creating higher slippage, but they will also buy up new tokens before anyone else is able to. Comparatively, Solana has less MEV, allowing for a better trading experience.

This has similarities with the reasons Macs have less malware than Windows computers. More people use Windows; therefore, most hackers will try to exploit Windows. Macs have fewer users. However, as Mac becomes more popular, it’s increasingly targeted by malware creators. In this scenario, Windows is Ethereum, and Mac is Solana — not accounting for actual performance.

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Ryan Glenn
Ryan Glenn is a journalist, writer, and author. Ryan is motivated to educate as many people as possible on the benefits of web3 and cryptocurrency. He has authored “The Best Book for Learning Cryptocurrency,” and runs an educational platform, web3school.us, dedicated to demystifying the crypto space. Ryan built the platform to transition tech-savvy and non-tech individuals into crypto and give everyone a baseline understanding of the different fields in the cryptosphere. Ryan is also an...
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