Meme coins offer crypto enthusiasts an incredibly exciting way to explore the crypto market, as they have the potential to experience a rollercoaster of highs and lows, exhilarating investors and bringing a much-needed element of ‘fun’ to the market. Since the launch of Dogecoin (DOGE) in 2013 meme culture has permeated the crypto community, and many other meme coins that have been created since have flooded the market. Some of these coins have brought their investor’s astounding growth on their investment, like Shiba Inu (SHIB), and others that are preparing to be launched onto the market are expected to also skyrocket in price, like DogeMiyagi (MIYAGI).
The Trailblazer: Dogecoin
When Dogecoin (DOGE) was launched onto the crypto market as a fork from Litecoin in 2013, it was initially created as a joke to poke fun at the seriousness of other cryptocurrencies like Bitcoin (BTC). Despite this, DOGE exceeded all expectations and experienced an incredible rally in price in 2021, making many of its investors rich and solidifying it as a serious investment opportunity with the potential to surpass many other platforms. DOGE is now firmly established as not just a meme, as it sits unwaveringly in 8th position in the crypto market by total market capitalisation. As well as this, the utility of this coin has increased, after receiving support from Tesla CEO Elon Musk, and his promise to accept DOGE as currency for Tesla and teasers that it could be used on Twitter in the future.
The People’s Princess: Shiba Inu
Since Dogecoin (DOGE) paved the way to success for meme coins to follow, Shiba Inu (SHIB) has also capitalised on the power of meme culture and built a community that is unrivalled in its fierce support of the coin, which has stood by loyally throughout its highs and lows. One of these highs was in 2021 when SHIB’s prices rose astronomically and brought unbelievable profits to its community. Although it has yet to match this performance again, SHIB’s community has not given up hope and continues to rally behind this coin in the hope of its future success.
The New Challenger: DogeMiyagi
While some crypto enthusiasts await a second wind behind Shiba Inu (SHIB), many are on the lookout for greener pastures in the form of new, unreleased currencies that can be expected to experience similar growth in the crypto market. One promising contender is DogeMiyagi (MIYAGI), a new cryptocurrency that is predicted to blow other meme coins out of the water when it is released onto the market. Having already raised an impressive $00000000 during its presale stage, MIYAGI has the mass marketability of the meme coins that have come before it, paired with the knowledge of the movements of meme coins in the past and their capacity to go viral and see a massive boom in value. Because of this, MIYAGI has ensured that it employs multiple procedures to secure the stability of the coin, such as liquidity locks and an extended presale stage that gives the currency time to build its community, aiming for a similarly supportive community to SHIB.
This trifecta of meme tokens, Dogecoin (DOGE), Shiba Inu (SHIB), and DogeMiyagi (MIYAGI), are heading up the meme coin market due to the fondness that the crypto community has for the viral ability and accessibility of meme coins. With different areas of appeal to target an enormous audience, this triad has the potential to not only experience price rallies once, but many many times, and as meme culture is becoming a stalwart feature of popular culture, the possibility of meme coins is unparalleled.