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
BeInCrypto selected the top exchanges and wallets to purchase Solana meme coins using a number of key criteria. Our product teams conducted an extensive testing process over a period of six months. We evaluated many candidates based on several features, such as:
• Supported assets
• Fees
• Security
• Availability
• Features
Here’s a look into why each was chosen:
Fees
Exchanges like Gate.io, KuCoin, MEXC, Binance, and Bitget, all boast a 0.1% fees, in alignment with market rates. These exchanges offer some of the lowest fees available on the market.
Coinbase brokerage charges $0.99-$4.19, while Coinbase exchange charges a 0.6% taker and 0.4% maker fee. The Raydium exchange has a 0.25% fee, while Orca charges variable rates dependent upon the liquidity pool creator.
Security
All of the aforementioned exchanges have security measures such as multi-factor authentication and KYC to protect customers from exploits. Some even go further by providing proof-of-reserves, including KuCoin and Binance.
Coinbase resides in the U.S. and is a publicly traded company, and thus has a reputation for compliance. Gate.io has some insurance coverage for select events. DEXs like Raydium and Orca benefit from the security of the underlying blockchain and smart contracts.
Availability
All of the exchanges support some Solana meme coins. They are also all available in more than 100 countries in all cases, and 190+ in some cases like KuCoin. Raydium and Orca are DEXs, and are therefore available globally, with the exception of Raydium in the U.S.
Features
While Raydium and Orca have some limited features, as they are DEXs, the other top Solana meme coin exchanges have a greater variety. Binance, KuCoin, Coinbase, MEXC, and Gate.io are considered all-in-one exchanges. They support activities such as trading, derivatives, staking or Earn products, NFTs, and more.
Bitget is relatively newer, but supports many trading features and a number of Earn products.
Wallets
OKX Wallet is a non-custodial wallet crafted by the OKX exchange. It is platform agnostic, available on mobile and as a browser extension. OKX Wallet supports multiple blockchains and allows users to easily integrate Solana SPL tokens, making it an obvious choice for this list.
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- Top Solana meme coins in 2024
- 1. Dogwifhat (WIF)
- 2. Bonk (BONK)
- 3. Book Of Meme (BOME)
- 4. Slerf (SLERF)
- 5. Wen (WEN)
- 6. Popcat (POPCAT)
- 7. Smog (SMOG)
- 8. Jeo Boden (BODEN)
- 9. Peng (PENG)
- 10. Duko (DUKO)
- 11. DogWifCat (DWIFC)
- Solana meme coins compared
- How we chose the top Solana meme coins
- What are Solana meme coins?
- How do Solana meme coins work?
- Why is Solana popular for meme coins?
Top Solana meme coins in 2024
1. Dogwifhat (WIF)
Dogwifhat (WIF) is a dog-themed meme coin leading the pack on Solana in terms of market cap, sitting at about $2.20 billion. WIF has a circulating supply of 998.90 million WIF. It has a 24-hour trading volume of $364 million.
Gate.io has a trading volume of about $19.38 million for WIF. It is also a good option for users that require low fees and payment services. Gate.io also offers a debit visa card for eligible users.
Binance is the world’s largest exchange in terms of trading volume. It was one of the first exchanges to list WIF and has both spot trading and derivatives trading for WIF.
OKX is a leading global exchange. It offers services that cover many web3 activities, allowing users to trade, manage and acquire NFTs, and more. This makes it an excellent option for users looking to store their WIF in while also interacting with decentralized ecosystems.
2. Bonk (BONK)
Bonk (BONK) is another dog themed meme coin that has sky rocketed in terms of valuation. It sits at a $1.40 billion dollar market cap. Additionally, BONK has a trading volume of about $188.2 million.
Coinbase is a U.S. based exchange that has become synonymous with compliance and safety. It is a publicly traded company that operates a brokerage and exchange, both which you can purchase BONK from. Coinbase is very straightforward to use, making it perfect for beginners looking to jump on the meme coin trend.
Binance is an excellent option for trading BONK. It is an exchange tailor made for traders, offering a tiered fee system. The higher your trading volume over a 30-day period, the lower the fees you incur.
OKX Wallet is the proprietary wallet of the prominent OKX exchange. It is a multi-chain wallet that is available on mobile, desktop, and as a browser extension, making it an excellent option for BONK holders.
3. Book Of Meme (BOME)
Book Of Meme is a Pepe the Frog themed meme coin based on the Solana blockchain. The token has a relatively quiet debut, but took off in Q1 2024. It has a market cap of nearly a billion dollars U.S. and a trading volume of $1.5 billion as of March 23, 2024.
Binance is an excellent choice to purchase BOME for traders. It has degressive tiered trading fees which start at 0.1% and decrease when traders increase their 30-day trading volume.
KuCoin is a global crypto exchange that services over 200 countries. It has a low 0.1% trading fee, which decreases as traders increase their trading volume.
OKX Wallet supports multiple cryptocurrencies and blockchains. This makes it a good option for storing niche coins like BOME.
4. Slerf (SLERF)
Slerf (SLERF) is a token that launched amid controversy after its creator accidentally burned $10 million worth of tokens. The token recovered within a few days to make all time highs of $1.30 (recorded on March 19, 2025). SLERF’s current market cap as of 25 March, 2025, is a little less than $300 million, down from about $2 billion.
Bitget is a relatively new global exchange. It offers low fees for trader of, about 0.1% and offers similar trading features as larger exchanges. Therefore, traders face little to no loss when using Bitget to purchase SLERF.
MEXC is a global cryptocurrency exchange that is known for its derivatives and advanced trading features. Traders that hold the MEXC token can also enjoy lower trading fees.
OKX Wallet offers safe and secure storage for SLERF as well as providing a gateway to DApps and DeFi. Users have mutliple options at home or on the go with an extension and mobile wallet.
5. Wen (WEN)
Wen is a meme coin with a cat logo that is trading for fractions of a cent. It has a market cap of around $210 million. Wen has a circulating supply of 727,716,951,329 WEN, and a max supply of 1 trillion. The WEN token draws inspiration from the popular web3 “Wen” meme. Its aims to unite the community and introduce a decentralized governance method to foster innovation in web3.
Gate.io is a payments platform that also gives customers a Visa debit card in eligible regions. The platform is considered to be highly safe, secure, and reliable, providing a solid option for users looking to purchase Wen.
KuCoin is a globally renowned exchange that especially renowned for spot spot trading, derivatives, and trading bots. Using KuCoin is a good option for those interested in trading WEN thanks to its low fees and trading pair range.
6. Popcat (POPCAT)
Popcat (on Solana) has a market cap of $172.76 million. It has a circulating supply of 979.98 million POPCAT and a maximum supply of 100 million. It also has a trading volume of $10.96 million.
Raydium is one of the top decentralized exchanges on Solana. It has a 24-hour trading volume of $627.0 million, one of the highest on the Solana blockchain.
Orca is one of the most popular exchanges on Solana, second only to Raydium. It generates about half of Raydium’s trading volume, coming in at a little over $329 million.
OKX Wallet is one of the few wallets with wide support for multiple blockchains. It allows you to easily integrate tokens like Popcat from the Solana blockchain. With mandatory 2FA, secure private key storage and anti-phishing code, the wallet provides safe storage for a huge range of crypto, including Solana meme coins.
7. Smog (SMOG)
Raydium is one of the top exchanges on Solana. It is a DEX that allows users to create trading pairs to provide liquidity for tokens like meme coins.
Orca is the second largest exchange on Solana by trading volume, making it an excellent source for liquidity and trading SMOG. The Fair Price Indicator ensures user can trade tokens cheaply, quickly, and with confidence.
OKX Wallet is one of few wallets with multi-chain support and a large surface for functionality that allows you to import SPL tokens like SMOG. The wallet gives users access to the wide world of web3, offering a simple interface for users of all abilities to explore decentralized ecosystems.
8. Jeo Boden (BODEN)
Jeo Boden has a market cap of $120.5 million. It has a circulating supply of 690.33 million BODEN, and a trading volume of $14 million. The token’s price has increased more than 151% in the last seven days, outperforming both the global crypto market as well as other meme coins, which are up 2.4% on average as per CoinMarketCap data.
Raydium has a large trading volume on Solana, making it a top option for buying BODEN. The promising DEX is fast and efficient, has a competitive fee structure, and facilitates anonymous transactions for those looking for privacy while buying and trading Solana meme coins.
ORCA is the second most popular exchange on Solana, making it the one of the best options to trade Solana meme coins. The DEX has moved to a decentralized autonomous organization (DAO) framework, which has fostered a sense of ownership and responsibility among its users. Meanwhile, it’s super-intuitive user interface sets it apart from other decentralized exchanges, which tend to be more complex and less accessible.
OKX Wallet is a great option for storing Solana meme coins, thanks to its support for SPL token integrations. Users can access over 1,000 DApp protocols and features, including a multi-chain and cross-chain DEX, yield farming, and an NFT marketplace.
9. Peng (PENG)
PENG is a Solana meme coin with a $57.40 million dollar market cap, a circulating supply of 100 million PENG, and a trading volume of $15.35 million.
Bitget is a global exchange that offers its services in multiple countries. The platform is also known for its comparatively low fees. This makes it a great option to buy PENG.
Gate.io boasts over 10 million registered users and is considered as one of the safest and most reliable global cryptocurrency platforms. The CEX does not charge a deposit fee and offers extremely low trading fees, with a tier based discount and maker-taker fee schedule.
As OKX supports SLP token integrations, it is one of the few wallets that can support and store niche tokens like PENG. The innovative storage solution is also set to release a Smart Account feature which will allow users to recover their crypto even if their private keys have been lost.
10. Duko (DUKO)
Duko has a market cap of $47.55 million, a circulating supply of 9,663,955,990 DUKO, and a trading volume of $7,571,862. As well as functioning as a speculative asset, the meme coin brings together a canine loving community, with 3% of the total supply allocated to charity. As of March 25, 2024, the project has contributed 24.02 SOL to animal welfare centers, with donations verifiable on every.org.
Bitget is one of the few centralized exchanges that supports Duko. Users can take advantage of zero deposit fees. Those looking for free withdrawals can stake BGB to enjoy an amount of free withdrawals every day.
MEXC is a global multi-cryptocurrency exchange known for its spot and derivatives trading. Users can hold the MX native to enjoy super-low fees on the MEXC platform, with 0% spot maker and taker fees and 0% futures maker fees, too.
The OKX Wallet allows for the easy importing of Solana meme coins like DUKO. The wallet simplifies crypto storage while acting as a portal to the world of DeFi and web3. Users can manage assets across 40+ networks, including Solana, Ethereum, OKC, BSC, Arbitrum, zkSync, and Aptos.
11. DogWifCat (DWIFC)
DogWifCat is a play on the popular meme coin dogwifhat (WIF). It has a circulating supply of 999.99 million DWIFC and a trading volume of $9,218,490.11. The Solana meme coin surged by nearly 15,000% to reach a $30 million market cap peak in a matter of hours on its first day of trading.
Raydium is a leading Solana-based DEX on Solana with highest trading volumes, making it an excellent source of liquidity and useful platform to safely purchase $DWIFC.
Orca is the second largest exchange by trading volume on Solana. This makes it a top option for trading DWIFC. Users can trade cryptocurrency on the Solana blockchain with ease, taking advantage of the low-fees and near-instant token swaps with automated market maker (AMM) mode.
OKX Wallet makes it easy for users to import Solana meme coins like DWIFC. The web3 and DApp portal facilitates safe and secure storage of DWIFC.
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
| Token | Ticker | Market Cap | Price |
|---|---|---|---|
| Dogwifhat | WIF | $2.26 billion | $2.22 |
| Bonk | BONK | $1.40 billion | $0.00002159 |
| BOOK OF MEME | BOME | $999.18 million | $0.0147 |
| Slerf | SLERF | $304.31 million | $0.59 |
| Wen | WEN | $201.9 million | $0.0002858 |
| Popcat (SOL) | POPCAT | $172.76 million | $0.18 |
| Smog | SMOG | $153.79 million | $0.18 |
| Jeo Boden | Boden | $120.5 million | $0.24 |
| Peng | PENG | $57.40 million | $0.53 |
| DUKO | DUKO | $47.55 million | $0.00667 |
| DogWifCat | DWIFC | $11.39 million | $0.01 |
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
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.
Why is Solana popular for meme coins?
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.
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.
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.
The market is clearly signaling that it wants more meme coins. Due to the fact that it is a high throughput, low fee blockchain, it is no wonder that some of the most popular meme coins are now on Solana. Remember that regardless if you are trading the top Solana meme coins or not, stay safe, never risk more capital than you can afford to lose, and beware phishing scams.
Frequently asked questions
The most popular meme coin on Solana changes with time. As of March 23, 2024, it is Dogwifcoin (WIF). WIF is a meme coin that has a logo of a Shiba Inu with a pink wool hat.
The best meme coin depends on several factors. If you want a meme coin that has a proven track record, it could be Dogecoin or Shiba Inu. On the other hand, if you want a newer meme coin that is relatively safe with upside potential and good tokenomics, you may be interested in Dogwifhat (WIF).
Many meme coins have seen a positive price performance in early 2024. Many of these exist on the Solana blockchain. The next meme coin to do well in 2024 will likely come from the Solana network.
The best cryptocurrency in the Solana ecosystem is arguably the native token Solana. SOL is used to pay for gas fees and can be used for other DeFi purposes, such as creating liquidity pools. This means that SOL will always have utility on Solana.
Solana is not a meme coin. It is a high throughput blockchain that leverages low fees and speed. SOL is the native cryptocurrency of the Solana blockchain.
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