Over the last few years, meme coins have become an established crypto category within the industry, notable for their fun and comedic approach. They are also notable for possessing immense utility and are capable of making holders overnight millionaires. At the height of the meme coin frenzy, industry-leading meme coins received a massive surge in value, making their holders massive fortunes. In the current climate, this kind of quality is necessary, making meme coins ideal investment options for struggling and potential investors.
With many meme coins within the industry, there are many options for investors to choose from. However, these three meme coins are head and shoulders above the rest for several reasons, which this piece reiterates in-depth. Here’s why you should consider Dogecoin (DOGE), Shiba Inu (SHIB) and Dogeliens Token (DOGET) amid the ongoing bear market.
Dogecoin (DOGE) The Largest Meme Coin
Dogecoin (DOGE) is the largest meme coin by market cap and a top ten cryptocurrency in the industry, according to data from Coinmarketcap. All around the cryptocurrency industry, Dogecoin (DOGE) is regarded as the original meme coin. As a pioneer of the meme coin movement and an integral token within the industry, Dogecoin (DOGE) has stock on various prominent crypto platforms such as Binance, Coinbase, FTX and Huobi.
Dogecoin (DOGE) is notable for impressive speeds and performance. It is lightning fast at processing and confirming transactions, faster than industry-leading cryptos like Bitcoin (BTC) and Ethereum (ETH). Dogecoin’s impressive levels of performance makes it ideal for global adoption one day. It has already been adopted as a tipping service for valuable content and content creators on popular social media platforms, such as Reddit and Twitter. At the height of the meme coin frenzy, Dogecoin (DOGE) was one of the meme coins that increased massively in value and brought great returns for its holders.
Shiba Inu (SHIB) The Second Largest Meme Coin
Shiba Inu (SHIB) is a top twenty cryptocurrency by market cap according to data from Coinmarketcap. It is also the second largest meme coin and a pioneer of the meme coin space. Within the cryptocurrency industry, Shiba Inu (SHIB) is regarded as the little brother to Dogecoin’s big brother and the main rival of the original meme coin. Its success has sparked a plethora of copycats within the cryptocurrency industry, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba etc.
Shiba Inu (SHIB) plays an integral role in the Shiba Inu ecosystem, an initiative that seeks to foster the decentralized collaboration and interaction of crypto regulars within the industry. It facilitates severalc crypto operations, such as network governance and payment fees and incentivizes the network. Shiba Inu (SHIB) is a highly sought-after cryptocurrency with stock on prominent crypto platforms within the industry.
Dogeliens Token (DOGET) The New Meme Coin
Dogeliens Token (DOGET) is an upcoming meme coin within the cryptocurrency industry that is gaining a lot of attention due to its various attractive features and use case. The token possesses Decentralized Finance (De-Fi) qualities that make it ideal for several De-Fi operations, including staking and earning. Dogeliens Token (DOGET) also possesses a massive supply and low transaction costs, features that make it ideal for day-to-day activities within the industry.
Dogeliens Token (DOGET0 is gradually approaching its presale and could be a valuable asset in the current climate. For more information on the token and its native project.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.