Best Meme Coins To Buy December 23: Frog Tokens Steal Spotlight With Pepe Set To Explode

Frog meme coins are rearing their heads as the market patiently awaits Pepe’s explosive bull run. 

Smart money investors are even backing low-cap frog tokens as the best meme coins to buy, especially for those searching for the next 10x and 100x plays. 

Notably, the broader market outlook is also becoming accommodative for another meme coin mania. With the US Fed’s interest rate cuts, stealth quantitative easing, and the falling inflation levels in the economy, investors are expecting a flush of new capital into the crypto market. 

This is a highly bullish backdrop for meme coins, which remain very sensitive to the broader market liquidity. 

Best Meme Coins To Buy: Which Is The Best Frog Token To Buy?

Pepe (PEPE)

Pepe has a strong case for being the best large-cap meme coin to buy. 

It is currently one of the most undervalued investments in the sector, trading 85% below its all-time high. This means that investors buying at the current price would see 7x returns if the meme coin simply rehits its current peak at any time in the future. 

Meanwhile, its correlation with Ethereum remains strong, considering it is the largest ETH meme token. 

Experts believe that it is only a matter of time before the Ethereum price breaks out, with 2026 Q1 price targets ranging from $ 4,200 to $7k. It is therefore no surprise that analysts project PEPE will hit a new all-time high in the first quarter as well. 

The meme coin has already formed a bullish divergence with its Relative Strength Index (RSI-14). An explosive rally is next. 

Turbo (TURBO)

Turbo is another frog meme coin that is highly undervalued, but is showing strong upside potential. It is currently trading $88% below its all-time high. 

However, the price is up by 24% over the past month, signalling that a new uptrend could be on the horizon. 

Turbo Token is widely regarded as the first meme coin created using artificial intelligence. The project started as a bold experiment in crypto creation when its founder challenged GPT-4 to design the next viral meme coin from scratch.

TURBO is also an Ethereum meme coin, expected to benefit from the highly anticipated ETH rally. 

Crucially, Turbo is one of the few meme coins that are listed on both Binance and Coinbase spot exchanges. This bodes well for its upside potential, especially when the broader market outlook improves. 

TURBO is currently attempting a breakout from a multimonth downtrend, which would be an excellent buy signal for sidelined investors. 

Pepecoin (PEP)

Pepecoin is a low-cap frog meme coin, designed as an alternative to Pepe. 

Those who missed out on the Pepe bull run are hoping to replicate its success with Pepecoin. 

The meme coin is showing impressive relative strength, currently up by 10% over the past 24 hours, while most top assets are in the red. It is also in the green in the weekly timeframe, a rarity in the meme coin sector. 

Pepecoin’s market capitalization currently stands at $25 million, significantly down from its all-time high. 

While it is technically highly undervalued, the lack of any impressive utility or an original meme limits its upside potential. 

Sidelined investors should view Pepecoin as a short-term trade, rather than a long-term investment. 

Apu Apustaja (APU)

Apu Apustaja is another frog meme coin that is showing relative strength. 

The APU price is up by nearly 3% over the past 24 hours, while most top meme coins are down. 

Apu Apustaja, often referred to as “Helper,” originated as an internet meme that gained widespread recognition online. 

Today, the character has become associated with the themes of community and digital culture, highlighting how shared online narratives can translate into active crypto communities.

However, APU has failed to create any original narrative of its own. 

As a result, smart money investors view it as a short-term trade; buying the meme coin when it is at the lows and securing the profits after a sizable bounce. 

Pepenode (PEPENODE)

Pepenode is positioning itself as a meme coin that goes beyond short-lived hype by introducing a clear participation model built around its mine-to-earn system. 

Unlike APU and PEPECOIN, it isn’t a Pepe copycat token. Thanks to its unique and in-demand utility, smart money investors are viewing it as a long-term investment and one of the best meme coins to buy.

Instead of physical mining hardware, users deploy virtual mining nodes that generate rewards over time, turning holding into an active process rather than a passive bet. 

This structure adds stickiness to the ecosystem and encourages longer-term engagement, which many meme projects struggle to sustain.

The project also integrates staking mechanics, allowing early participants to compound rewards while supporting network activity. Investors can even earn bonuses in the form of popular meme coins like Pepe and Fartcoin. 

With the presale entering its final stretch and set to conclude in roughly 20 days, Pepenode has already raised over $2.5 million, reflecting growing interest from meme coin hunters. 

By blending the recognizable Pepe the Frog meme branding with gamified mechanics and defined token utility, Pepenode is aiming to stand out in a crowded meme coin market that is increasingly rewarding projects offering more than just narrative momentum.

Many top analysts are backing it as the next 100x meme coin.

Want more high-conviction plays beyond frog tokens? See our updated guide on the top meme coins to buy right now.