Memecoins bring excitement to the crypto community. Their low prices also encourage entrance into the crypto community. If you are considering getting on some meme projects in the future, check out the following three projects.
Dogecoin (DOGE) The Inspirational Meme Coin
Many people heard about Dogecoin during the last bull run in 2021. However, Dogecoin has been around for years. In fact, the token was created in 2013. It was created during the period where developers were trying to make sense of Bitcoin technology. The coin was generated from a Shiba Inu Dog meme circulating the internet.
It was created to bring a vibe to cryptocurrency technology and to make it accessible. As a crypto token, it sparked conversation in the ecosystem. Its fans created hype and speculations in the crypto world. To date, the fans of Dogecoin are still waxing strong.
Although Dogecoin started as a meme coin and even inspired other memecoins, it is leaning towards bringing real-world utility. One such project is Wag. Wag is a dog-walking mobile app that integrates Dogecoin. Another one is that crypto.com uses Dogecoin as its APO on its credit card or other online stores. While there are quite a few use cases on Dogecoin, we expect more growth in the long run.
SafeMoon (SFM) The Top Meme Coin Of 2021
SafeMoon is one of the top meme coins of 2021. As one of the top performers of 2021, there was a lot of hype and speculation around the token. But what exactly is SafeMoon?
SafeMoon is a token that encourages people to hold on to it. It was designed to encourage holders. It implements this with its 10% tax on every transaction. 40% of the tax gets distributed amongst token holders, 30% gets added to the liquidity pool, 20% gets burned, and 10% goes to a growth fund. With this, whether the price of the token is going down or not, token holders get rewarded.
SafeMoon is broken down from Safe and Moon. Safe implies that cryptocurrencies are generally secure, while Moon is from the common phrase to the Moon. That is to say that SafeMoon is safe and will grow.
It is essential to know that Safemoon is no longer just a store of value. It is building products and fostering partnerships that will enable its ecosystem to grow. One such product is the SafeMoon Wallet. SafeMoon Wallet is interoperable and would facilitate swaps, cold storage, and calculations. SafeMoon also plans to launch its crypto credit card soon.
Big Eyes (BIG) The New Meme Coin in Town
Big Eyes is a cat-themed meme token. It was created to bring new changes to the meme ecosystem. Before now, most animal-themed meme coins were represented with Dogs. Dogs are not the only household pets. So, Big Eyes is helping cat lovers get a crypto community.
As a new memecoin, the team at Big Eyes plans to drive growth through community hype. It will use many tactics to create awareness and drive sentiments in the crypto ecosystem. One good way it fosters understanding is through Twitter. Recently, the project was in a meme war with Tamadoge—another dog-themed crypto. The meme war went back and forth, with Tamadoge and Big Eyes dropping subtle shades at each other. One highlight from that meme war was when Big Eyes created a meme positioning itself as a unique project.
Being unique is truly hard. But, Big Eyes is carving a niche for itself. It is also important to note that Big Eyes has a lot of opportunities for its community members. It will be creating a merch shop, hosting events, and creating NFTs for community members. Additionally, 90% of its token supply will be distributed to the community. And there would be no taxes on transactions.
Another reason why you should join the Big Eyes bandwagon is because of the upcoming $250,000 competition. Yes, Big Eyes wants to do a massive giveaway and anyone can enter the competition. All you have to do is buy at least $250 of Big Eyes and hold it till the last day of the draw. Also, follow big eyes on Twitter for more updates.
Big Eyes Coin (BIG)