4 of the Best Meme Coins to Watch in January 2023 as Bitcoin Drama Ramps Up

U.S. authorities have received the green light to sell off $6.5 billion worth of Bitcoin (CRYPTO: BTC) that was seized from the now-defunct dark web marketplace Silk Road. This potential mega-dump has crypto investors on edge, with many wondering how it will impact the price of BTC.

However, history shows that when drama around Bitcoin ramps up, smart money often flows into the meme coin space. This is because meme coins, which are typically created as a joke or to poke fun at mainstream cryptocurrencies, tend to rally when there is a lot of attention on the crypto market as a whole.

With that in mind, here are four of the best meme coins to watch in the days and weeks ahead.

1. Flockerz (FLOCK)

This new meme coin is one of the most talked-about projects right now, having raised an impressive $9.2 million during its presale phase. Most of the excitement revolves around Flockerz’s unique Vote-to-Earn protocol, which sets it apart from its peers in the meme coin space.

Through the Flocktopia DAO, Flockerz token holders can vote on proposals to influence the project’s future. For doing so, they’ll earn rewards in the form of FLOCK tokens. This setup adds a layer of utility that’s rarely seen in joke coins.

Flockerz’s tokenomics structure is also clear. With 25% of the supply allocated to DAO rewards and another 25% for staking – currently offering estimated APYs of 293% – early investors have multiple paths to potential returns. Security hasn’t been overlooked either, with successful audits from Coinsult and SolidProof.

There are now just 13 days left in Flockerz’s presale before the token hits exchanges. With a fast-growing community on Twitter and Telegram, this new meme coin could be one to watch as it gears up to hit the open market.

Visit Flockerz Presale

2. Wall Street Pepe (WEPE)

This frog-themed meme coin is one of the fastest-growing presale projects ever. It has raised over $44 million since its presale went live in December, offering the native WEPE token for a discounted price of $0.00036644. However, that price will increase when the next stage begins on January 10.

Wall Street Pepe is all about leveling the playing field between retail investors and crypto whales. WEPE holders gain access to trading insights and “alpha calls” through a VIP community platform – bringing professional-grade analysis tools to everyday traders.

WEPE’s staking mechanism is also appealing – over 28 billion tokens have already been locked up. Early investors can stake their WEPE while the presale is ongoing and still generate estimated annual yields of 28%.

Excitement is growing around this new meme coin, and some experts believe its price could explode once it hits exchanges. Given that investors might start looking for Bitcoin alternatives soon, Wall Street Pepe could be one to watch for potential gains.

Visit Wall Street Pepe Presale

3. Meme Index (MEMEX)

This project offers something unique: a decentralized platform featuring meme coin index funds. Having raised over $2 million in its presale phase, the project is beginning to go viral, even being featured on top-tier sites like Cointelegraph.

Investors are mainly excited because Meme Index offers four investment baskets, ranging from the blue-chip Meme Titan Index to the high-risk Meme Frenzy Index. This setup brings a level of diversification that hasn’t been seen before in the meme coin sector.

Crucially, Meme Index’s governance system puts index composition directly in the hands of MEMEX holders. That means the community decides which coins are included in each index and which are removed. It’s a clever way to keep things fresh.

With MEMEX tokens currently available in presale for $0.015043 each, many believe now is the ideal time to gain early exposure. Plus, with an exchange listing planned once the presale ends, Meme Index is definitely one of the best meme coins to watch in January.

Visit Meme Index Presale

4. Solaxy (SOLX)

This project is bringing real innovation to the meme coin space. The team is building a brand-new Layer-2 solution to address genuine scalability challenges on the Solana blockchain. Investors love this goal, evidenced by Solaxy’s presale, which has raised $9.4 million in less than a month.

What makes Solaxy particularly interesting is its dual appeal: it combines serious utility as a scaling solution with the viral energy of meme coins. The project will also bridge the Solana and Ethereum ecosystems, potentially solving a significant pain point for cross-chain traders.

Solaxy has begun to generate traction online, building up a large community on Twitter and Telegram. The native SOLX