Meme coins are taking the crypto world by storm, and Bitcoin is now home to one of the most dynamic meme coin trading communities.
Fueled by innovative fungible token standards on the Bitcoin blockchain, these meme coins have captured attention for their blend of entertainment value and high-risk speculation.In this article, we’ll explore what Bitcoin meme coins are, why they’re gaining popularity, and how you can easily purchase them on the Magic Eden marketplace using the Magic Eden Wallet.
Remember: This article is for informational purposes only and does not offer financial advice.
Bitcoin is becoming home to a vibrant meme coin ecosystem. Leveraging new fungible token standards on the Bitcoin main chain, Bitcoin meme coins are capturing attention for their entertainment value and speculative potential.
Since the introduction of groundbreaking protocols like Ordinals, BRC-20, and Bitcoin Runes, Bitcoin’s token ecosystem has flourished—bringing meme coins into the spotlight. These tokens thrive on entertainment and speculation, offering Bitcoin enthusiasts a lighthearted yet engaging way to interact with the blockchain.
Surprisingly, many of these tokens are exclusive to Bitcoin, so you won’t find them on other blockchains. This uniqueness, combined with their viral appeal, has made Bitcoin meme coins a key player in the meme token culture.
Bitcoin has long been known as a store of value and a means of payment, but recent innovations have expanded its possibilities.
In 2023, the introduction of the BRC-20 token standard paved the way for fungible tokens on Bitcoin. Tokens like $ORDI, $SATS, and $PIZA became early examples of Bitcoin meme coins, each reflecting aspects of Bitcoin culture.
In 2024, the Runes Protocol launched to address technical limitations of BRC-20, doubling the potential for meme coins. Creating a meme token became as simple as following a few steps, and Bitcoiners embraced this playful, creative outlet. Today, Runes are among the most popular assets on Bitcoin, and you can buy top Bitcoin Runes here.
It’s pretty expected that communities that gather around different financial (and other) use cases also like to connect to each other using different internet memes.
Meme coins appeal to the shared humor and camaraderie of the Bitcoin community. By combining beloved memes, low-effort designs, and Bitcoin’s decentralized ethos, these tokens offer a way to laugh, trade, and even profit—while uniting the community around something fun and relatable.
While cute dogs are the go-to imagery when creating a meme token, DOG•GO•TO•THE•MOON is a special case: it was the third-ever token to be created with the Rune protocol and it was airdropped to over 75,000 holders of Runestone Ordinals.
DOG quickly gained hold in the meme token community, where its market cap soared to close to $1 billion at one point.
The market-leading meme token is looking to prove Bitcoin can be fun and truly decentralized: it is said that none of the tokens have been kept back for the team, and there’s been no presale, no paid promo, or any paid KOLs (key opinion leaders) to help with token distribution. This way, DOG attempts to prove that the community is what helps a meme token to become great.
Launch date: April 2024
First available market price: $0.00445626
Current market cap: $854 million
Talk about connecting two favorite concepts of pretty much everyone: puppets (not puppies as some may assume!) and world peace together show that the team behind the PUPS meme token knows what the community wants. It’s community-led and managed, with a widely recognizable cartoon monkey wearing a beanie as its logo.
Like most other meme tokens, PUPS doesn’t have a specific use case in mind. It’s made in good fun by people who like the idea — nothing too complicated.
Launch date: April 2023 on BRC20, migrated to the Runes standard in May 2024
First available market price: $0.112965
Current market cap: $159 million
LOBO•THE•WOLF•PUP is another early arrival to the Runes scene, as the 9th Rune to ever be created during the project’s launch. The wolf may look scarier than your usual puppies, but they’re really part of the pack, looking to prove “collaboration and unity.”
Launch date: April 2024
First available market price: $0.00144972
Current market cap: $19m
Talking about earlycomers to the Runes game, Satoshi Nakamoto (no relation to the actual founder of Bitcoin, but you never know with Satoshi) was the sixth Rune to launch, hence the ticker.
Its name harkens back to the time when so many believers connected through a vision first implemented by Satoshi Nakamoto. In a way, it pays homage to Bitcoin’s elusive father.
Launch date: April 2024
First available market price: $6.42
Current market cap: $7 million
Keeping in trend with the cute animals as meme coin icons, the BILLION•DOLLAR•CAT, also known as the Bitcoin Cat or Billy Cat, is a meme token that has since been bridged to Solana as well.
Still, it is originally a Bitcoin meme token, and its website also lets you add the very recognizable Bitcoin glasses that the cat is wearing to any picture you upload yourself. Make your own meme!
Launch date: June 2024
First available market price: $0.00374603
Current market cap: $71 million
Who said meme coins can’t have dark humor as well? Aside from its seemingly ominous name reminding us of the inevitability of death (or a bear market?), MEMENTO•MORI is also the first and only rune to be etched by Casey Rodarmor, the founder of both Runes and Ordinals.
As the team puts it on social media, “$MORI is tokenized Runes & Ordinals history,” making it widely recognizable.
Launch date: November 2024
First available market price: $0.135657
Current market cap: $11 million
TANUKI•WISDOM with a distinctive raccoon ticker is a meme coin looking to “bridge ancient wisdom with modern decentralized technology.” Its ticker refers to the Japanese raccoon dog: playful and mischievous, it’s said to teach that life shouldn’t be taken too seriously.
This is pretty much in line with the philosophy behind meme coins in general, making TANUKI•WISDOM a great representative of most similar tokens.
Launch date: November 2024
First available market price: $0.107942
Current market cap: $31 million
Buying Bitcoin meme coins is super easy if you have the right tools. To get started, download the Magic Eden Wallet to access meme coins based on Runes.
Set it up by following the steps (make sure to back up your seed phrase!), then fund your wallet with BTC. And be careful not to send your ordinals or runes to the BTC address!
Make sure you’ve connected your wallet to the Magic Eden marketplace.
You may need to find the option to ‘connect another wallet,’ then choose Bitcoin and follow the steps to connect the BTC wallet.
Then, on the Magic Eden marketplace, find the runes token you want to buy. For this example, we’re using DOG.GO.TO.THE.MOON.
Click on the coin, then enter the amount you want to swap. Click on ‘Get Quote’ to see how much you can get in return for the amount you’re willing to give. If there are not enough coins for your swap, you’ll be prompted to enter a buy order instead.
Once you’re happy with the entered values, click on ‘Swap’ to receive your meme coins. They will show up in your wallet a few seconds after you complete your order.
Congratulations! Now you’re a proud owner of Bitcoin meme coins and ready to meme!
Download Magic Eden to securely buy, store, and manage all your Bitcoin meme coins in one wallet.
To buy Bitcoin meme coins, you need a Web3 wallet that supports Bitcoin tokens. Magic Eden is a great choice. You can fund your wallet with BTCz, connect it to the Bitcoin Runes marketplace, and start trading meme coins. In addition to buying, you can also mint runes.
Some of the most popular tokens include $DOG, $PUPS, and $Rune6, thanks to their strong communities and growing market caps.
The information provided on this website is provided for general educational purposes only and is in no way financial or investment advice. Certain information may have also been provided to us or prepared by third parties; these materials are provided for convenience and are not an endorsement by Magic Eden. Magic Eden is not liable for any errors, changes or amendments to such information, including any actions taken in reliance on such information.
