Rise of Meme Coins in Crypto Gambling
Memes are everywhere, representing a funny take on popular culture, politics, and every segment of our lives. These internet jokes have also entered the world of crypto, with numerous digital assets today featuring popular memes.
What are meme coins, and why should you consider using them for crypto gambling? Crypto Gamba has all the answers as usual, so stay tuned.
What Is Meme Coin?
A meme coin (memecoin) is a cryptocurrency inspired by an internet meme or character. Meme coins were introduced in 2013, when Dogecoin was launched. Originally, DOGE was released as a joke, featuring the Doge meme. Still, it had taken a while since this digital asset was widely accepted, after one of the wealthiest persons in the world, Elon Musk, endorsed it.
It is believed that over 40,000 meme coins are created on a daily basis. However, most of them crash, so you don't even hear about them.
Why Players Use Meme Coins for Gambling?
Originating from internet jokes, which are usually quite niche, meme coins depend on the community that supports them. As a result, these assets can be highly volatile. For instance, Dogecoin's value significantly surged in January 2021, after Musk endorsed it. Its price increased by about 339% to $0.032642. In May 2021, the most popular meme coin reached its all-time high, trading at approximately $0.68. In early September 2025, Dogecoin's price is around $0.22.
Accessible and Cost-Effective
As you can see, DOGE is still quite accessible, which is one of the main reasons why players choose meme coins over other digital assets. You have to invest a lot to obtain a meme coin, and it's a cost-effective solution that enables fast transactions, which is highly appreciated in the world of crypto casinos.
Added Excitement
Meme coins' price fluctuations can add an extra layer of excitement to casino play or sports betting. Therefore, it comes as no surprise that these are the favourite assets of so-called degens we've already introduced you to.
Sense of Belonging
Using a meme coin makes you part of its community, which creates a more engaging gaming experience. So, when you see that a particular crypto casino lists a specific meme coin, that doesn't just mean it offers a variety of options, but also that the operator stays up-to-date with crypto culture.
Most Popular Meme Coins at Crypto Casinos
Even though several thousand meme coins may be in circulation, you won't be able to use them all to gamble. As a matter of fact, only a handful are accepted by reputable crypto casinos. Here's a lowdown on the most widely spread meme coins you can use to make transactions and wagers.
Dogecoin
Despite the fact that it started as a joke, Dogecoin is considered the 7th largest crypto. As such, it's supported by most crypto gambling platforms. It's a low-cost option when it comes to casino transactions, given that DOGE transfers incur average fees of around $0.074. At the same time, around 33 DOGE transactions are completed per second, which is 3-5 times more than on the Bitcoin network.
Shiba Inu
Launched in August 2020, Shiba Inu is the second-largest meme coin. It was created by an anonymous person or group using the pseudonym Ryoshi as a decentralised, ERC-20 token based on Ethereum. At the moment of writing this article, the price of SHIB is $0.00001288. Still, many predict that its value will increase, with some claiming that it will surge by 150% soon. You can use Shibu Ina to make transactions and wagers at many trusted casinos, including Stake.com.
PEPE
Inspired by the Pepe the Frog meme, PEPE is a token that was introduced in April 2023. Like the previous two, it was primarily a community-driven project designed without a complex utility. Still, its locked liquidity and a smart contract that can't be altered ensure stability. Again, we have an ERC-20 token that runs on the Ethereum network.
At the moment of writing, PEPE's price was $0.00001060. What you must bear in mind if you want to use it for gambling is that its price is driven by community sentiment. As a result, it ebbs and flows significantly within short periods, which may affect your bankroll. So, you must be aware of PEPE's volatility.
$TRUMP
Launched on January 17, 2025, $TRUMP is the youngest meme coin on this list. Obviously inspired by the US president, the coin was introduced just 3 days before Trump's inauguration. The token's price is influenced by various factors, including political events and regulatory developments, and it currently stands at $8.75.
Operating on the Solana blockchain, the meme coin is accepted by major casinos. BC.Game even hosted an airdrop to celebrate its launch, giving away $500 worth of $TRUMP coins.
Final Thoughts
Meme coins are a cost-effective option for crypto gambling. At the same time, transactions in them are processed swiftly. Still, most crypto enthusiasts go for meme coins to feel part of the community and have fun. If you are one of them and you want to use your preferred meme coin to play casino games, please do it responsibly, taking into account its volatility. Even just holding meme coins can sometimes be considered gambling due to their volatile nature.
Marija Misita
Crypto Expert
Thanks to her journalism background, Marija has a methodical approach to writing about crypto casinos. With years of experience in research and analysis, she aims to provide clear insights into the world of crypto and online gaming and the points where they intersect. Whether discussing industry trends, regulatory changes or game mechanics, accuracy is her top priority.
