Forget Dogecoin: 5 Meme Coins Reddit is Buying for 2022

4. Akita Inu

Akita Inu is a meme coin based on the Ethereum blockchain. It was launched in February 2021. The founders envisioned the coin as a “community-driven” experiment with no team tokens. The founders claim to have sent half the total Akita tokens to Vitalik Buterin, the founder of Ethereum, and lost the other half in a Uniswap liquidity pool when their keys burned. Akita Inu is very similar to Shiba Inu, one of the most popular meme coins. 

Akita Inu is available for trading on exchanges like MXC, HotBot, and Poloniex, among others. The coin gathered around 15,000 investors within three months of launching as nearly 20,000 joined the Telegram channel for the parent Akita network. The coin has a market cap of over $118 million and a volume of around 10 million.