The crypto market has had a long romance with the internet meme culture. Several meme coins have emerged out of this love affair and have also proven to be a great source of passive income for investors. Such cryptocurrencies might attract some speculation due to their association with the often frivolous meme culture. However, they have adopted features of utility and manoeuvred the meme identity as a great marketing tool.
Here are some meme coins that will make you a part of a growing crypto community. For an additional benefit, they are bound to reap huge profits!
RoboApe (RBA) is a new cryptocurrency in the market and is already creating a buzz. It’s an Ethereum-based ERC20 token with a low transaction fee on the RoboApe platform. The developers also have the intention of returning a portion of the transaction fee to wallet holders.
The meme coin is deflationary in nature which means that its value will always be moderated to ensure maximum return on investment. RoboApe (RBA) also happens to be a DAO cryptocurrency that will include investors in major decision-making processes.
RoboApe developers are using the meme culture as a brilliant marketing strategy and are incorporating every imaginable feature one may look for in an ideal cryptocurrency. It is launching soon on the Ethereum network and its value has the potential to skyrocket in the near future. It would be wise to lock down your investments as soon as possible.
Dogecoin (DOGE) was created by software programmers Billy Markus and Jackson Palmer as a ‘joke’ on the cryptocurrency world. It is famous as the first meme coin, but it has now evolved into more of a utility coin that has attracted investors from all around the world. Given the transparency of its origin, Musk’s frequent hype tweets and a positive history of fundraising, it’s now easier to believe in Dogecoin (DOGE).
Despite the frequent ups and downs that Dogecoin (DOGE) exhibits on the value chart, it has managed to be the favourite of crypto investors. If you are looking for a big and long-term investment, Dogecoin (DOGE) might be the pick for you.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a meme coin that launched in August 2020. Its logo is a Shiba Inu dog which is the breed of the dog from DogeCoin (DOGE). In recent news, Shiba Inu (SHIB) has gotten a political figure to opine on its crypto presence. Former U.S. congressional candidate David Gokhshtein says the Shiba Inu (SHIB) is an excellent model. He believes that the next 12 months will be crucial for this cryptocurrency.
The Shiba Inu team launched its burn portal in late April in partnership with Ryoshi’s Vision (RYOSHI), a decentralised finance project. Since the portal commenced operations, more than 25 billion SHIB has been burned. According to the Shibburn website, SHIB launched with one quadrillion tokens and now has a total supply of 589,660,931,651,466 tokens and a circulating supply of 553,076,966,457,951. The SHIB army’s burning activities and the burn portal’s reduction in circulating supply attempt to make SHIB more scarce, potentially increasing its value.
These are a few promising meme tokens that can be an ideal opportunity for a fun investment and a rich portfolio!
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