Crypto Trading Fundamental

How to Buy Memecoins at the Lowest Price (Step-by-Step Guide)

Want to Catch the Next 100x Memecoin Before Everyone Else?

If you’ve ever seen people making insane profits on memecoins like DOGE or SHIB and thought “how did they get in so early?”, you’re not alone.

Buying memecoins before they go viral can be life-changing — but it’s also full of scams, confusion, and FOMO traps.

This beginner-friendly guide shows you how to buy memecoins at the lowest price, step by step, even if you’re totally new to crypto.

Understanding Memecoins
Current Memecoin Market Overview
Researching Promising Memecoins
Choosing the Right Platform to Buy Memecoins
Setting Up a Crypto Wallet
Funding Your Wallet
Purchasing Memecoins at the Lowest Price
Storing Your Memecoins Securely
Risks and Considerations
Conclusion

1. Understanding Memecoins

Memecoins are cryptocurrencies inspired by internet memes, jokes, or cultural phenomena. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, memecoins often lack intrinsic value and are primarily driven by community engagement and social media trends. Popular examples include Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).

2. Current Memecoin Market Overview

As of March 27, 2025, here are some notable memecoins:

Dogecoin (DOGE): Trading at $0.3528, with a 24-hour change of +10.0% and a market capitalization of $52.1 billion.
Shiba Inu (SHIB): Priced at $0.00002372, experiencing a 24-hour change of +9.2%, and a market cap of $14.0 billion.
Pepe (PEPE): Valued at $0.000008591, with a recent 7-day growth of 13.34%.
Memecoin (MEME): Currently trading at $0.002643, with a 24-hour trading volume of $29,025,785.

Note: Cryptocurrency markets are highly volatile; prices can change rapidly. Always refer to real-time data before making investment decisions.

3. Researching Promising Memecoins

To identify memecoins with potential:

Monitor Social Media and Communities: Platforms like Twitter, Reddit, and Telegram are hotspots for emerging memecoin discussions. Engaging with these communities can provide early insights into trending coins.
Evaluate Community Engagement: A strong, active community can indicate a memecoin's potential longevity and success.
Assess Tokenomics: Understand the coin's supply, distribution, and any mechanisms that might affect its value.

4. Choosing the Right Platform to Buy Memecoins

Memecoins can be purchased on both centralized exchanges (CEXs) and decentralized exchanges (DEXs).

Centralized Exchanges: Platforms like Binance and Kraken offer user-friendly interfaces and higher liquidity. For instance, Kraken lists Memecoin (MEME) with real-time price updates.
Decentralized Exchanges: DEXs like Uniswap or PancakeSwap provide access to a broader range of memecoins, especially newer ones not listed on major CEXs.

5. Setting Up a Crypto Wallet

To interact with DEXs and store your memecoins securely:

Choose a Wallet: Options include MetaMask (for Ethereum-based tokens) or Trust Wallet (supports multiple blockchains).
Secure Your Seed Phrase: During setup, you'll receive a seed phrase. Store this securely; it's essential for wallet recovery.

6. Funding Your Wallet

Before purchasing memecoins, you'll need to fund your wallet with a primary cryptocurrency (e.g., Ethereum or Binance Coin).

Purchase on an Exchange: Buy the desired cryptocurrency on a CEX like Binance.
Transfer to Your Wallet: Withdraw the purchased crypto to your personal wallet using your wallet's public address.

7. Purchasing Memecoins at the Lowest Price

To buy memecoins affordably:

Use Decentralized Exchanges: DEXs often list new memecoins before they appear on CEXs, allowing you to buy at lower prices.
Set Limit Orders: On platforms that support it, set limit orders to purchase at your desired price point.
Monitor Market Trends: Stay updated on market movements to identify optimal buying opportunities.

8. Storing Your Memecoins Securely

After purchasing:

Use Hardware Wallets: For significant holdings, consider hardware wallets like Ledger or Trezor for enhanced security.
Regular Backups: Ensure you have backups of your wallet's seed phrase and keep software updated.

9. Risks and Considerations

Investing in memecoins carries risks:

High Volatility: Prices can fluctuate dramatically in short periods.
Lack of Regulation: Many memecoins operate without oversight, increasing potential for scams.
Market Manipulation: Be cautious of "pump and dump" schemes where prices are artificially inflated.

10. Conclusion

Entering the memecoin market as a novice trader requires diligence, research, and caution. By understanding the landscape, choosing the right platforms, and staying