Meme Coins That Could Skyrocket: Dogecoin, Shiba Inu, And Freewoly
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Loading... - Sophia Afari
- 16 Aug 2022
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Meme coins are a type of cryptocurrency characterised by their association with an internet joke, or “meme” despite this association. Meme coins feature among the top cryptocurrencies in market capitalization on the CoinMarketCap list.
How have these tokens become so popular? Many of these cryptocurrencies have strong fundamentals, which, along with their ethos, branding, and imagery, have proven to be conducive to the rapid development of dedicated and engaged communities.
More recent tokens like Shiba Inu (SHIB) appeal more due to their added utility with their ecosystems. New cryptocurrencies like FreeWoly (FWOLY) combine meme coins with other areas of crypto such as NFTs, Metaverse, and play-to-earn (P2E) gaming. These tokens represent the future of meme coins.
Dogecoin (DOGE) Is In The Cryptocurrency News Headlines Regularly
Dogecoin (DOGE) launched in December 2013, making it one of the tokens from the early days of cryptocurrency and even older than Ethereum (ETH), which came out in 2015. It may have initially been conceived as a joke, but according to CoinMarketCap, Dogecoin (DOGE) is not only the largest meme coin but also the tenth-largest cryptocurrency at the time of writing this. Read More...
