Meme coins have witnessed a rise in popularity over the past few years, especially with crypto becoming more accessible in global markets. This accessibility has allowed creators to merge popular internet sensations with crypto to create socially valuable coins with a high level of novelty and demand. From pioneers like Dogecoin, who paved the way for newer coins, the momentum set in place has yet to be challenged, and many fuel their success from the fires set forth by the pioneers to become the biggest crypto meme coins.
One of these, for example, is DogeMiyagi (MIYAGI). In the truest fashion of meme coins – taking inspiration from pop culture to make a coin – DogeMiyagi has taken its inspiration from one of the most iconic pieces of pop culture ever created, the Karate Kid franchise. Whilst this decision may seem to have been simply for laughs, upon further analysis, it is quite strategic and crucial to its success.
Don’t Doge These Benefits
As with many meme coins, the community focus and benefits make it an attractive investment. We have seen this throughout the market, particularly with Shiba Inu’s Shibarium and Shib Army and the various other benefits they offer investors. For DogeMiyagi, it brings a double-sided benefit in which the coin can grow whilst also allowing the success of its investors.
With its burn mechanism, the coin can decrease the supply and increase the value, which is hardly seen with other meme coins as many continue to have an unlimited supply of tokens, making them extremely undervalued. For DogeMiyagi, burning the tokens gives investors more leverage to own these coins and also creates a good foundation for trading because the coins will be worth a lot based on the scarcity of coins after the burn.
In addition to this, token holders will have full governance over the platform once it evolves into a DAO (decentralized autonomous organization), which will allow users to guide the project in whatever direction they see fit. Furthermore, it will allow for cross-border transactions, which provides the coin with an advanced level of utility, bringing greater value to the coin and allowing for more demand.
Growing Through Community
Like most meme coins, the key to success in the community. For other coins, their communities influence their performance and perception, which could lead to either their greater success or their downfall. A strong meme coin can build a strong connection with their users and through this, they find their growth.
For DogeMiyagi, the strategic choice of their concept propels their growth. With Karate Kid existing as a large part of pop culture, it already has its community of followers. DogeMiyagi has simply leveraged this existing community to add to their own and by using themed content creates an even larger connection with their audience. This compels the audience to own a piece of their childhood by investing in the coin.
Furthermore, the referral system creates a two-pronged approach to growth. Not only does it incentivize its users, but it also promotes awareness of the coin. The 10% commission gives users a great opportunity to earn extra tokens which will elevate their power on the platform, and the action of users sharing their codes with others to join gives DogeMiyagi the necessary exposure they need to grow and thrive.
From Pup To Big Boy
DogeMiyagi has taken a lot of inspiration from its predecessors and through this, has allowed itself to create the best value for its users. Between its concept, incentives, the plans for users to have governance, and the plan for cross-border payments, it is not surprising to see why DogeMiyagi is slowly becoming one of the biggest cryptos. It is a coin that can potentially revolutionize the entire meme coin market.
For More On DogeMiyagi:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi
