Meme Coins – 3 Amazing Coins To Grow Your Crypto Portfolio

With the bear market , Meme Coins are emerging as ideal options to invest in.

What are Meme Coins ?

Firstly, Meme Coins as their names imply , are a type of cryptocurrency that features characters from memes .

Additionally, it being intriguing or hilarious concepts recorded in a picture , video or another media format.

Secondly, most people are familiar with Bitcoin, but it isn’t the only cryptocurrency around.

Essentially, Meme-based currencies like Dogecoin(Opens in a new window) have gained a massive following over the years.

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Features of Meme Coins

Additionally, These coins are extremely volatile and vulnerable to significant swings in worth over really brief periods .

Essentially , as many of them have had an abundant amount and their appeal is mostly determined by modern media.

Secondly, Meme coins operate similarly to other cryptocurrencies . Especially, fully utilizing the blockchain and associated technology.

Blockchain

Additionally these coins have particularly appeared on blockchains like Ethereum and Solana . Essentially, which makes its usage payment systems .

Similarly, investors can but substantial numbers of tokens for a low-cost . Additionally, meme coins are often priced at cents per token .

Consequently, if the price of these crypto coins increases , investors stand to make large profits.

Especially, Meme coins are frequently volatile . Additionally, they can be traded for a gain, so many investors see them as a quick method to make money.

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Scenario

Firstly, for some time now, meme coins have come under increased scrutiny. Additionally, within the crypto industry for several reasons.

First, including a lack of use cases or real-life applications. Due to this , many members of the cryptocurrency industry refuse to take this crypto category seriously.

However, meme coins are proving their worth in an industry that is laden with serious competition.

Bear Market scenario

First, with the bear market in full swing , meme coins are emerging as ideal options. Essentially, for long-term cryptocurrency investing .

Additionally, this is largely down to their massive utility. As well as , they are the type cryptos that can increase in value tremendously overnight.

Similarly, with the recent crypto pump, meme coins could provide much value for crypto investors . Additionally, they can yield massive returns in the long run.

3 Amazing Meme Coins to grow your Crypto Portfolio.

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1. Dogecoin (DOGE)

Firstly, Dogecoin (DOGE) is the original meme coin . Additionally, a leading pioneer of the meme coin movement.

Secondly, the token is easily recognizable from its logo. Basically, a Shiba Inu dog meme popular on social media platforms.

Like most meme coins , Dogecoin (DOGE) is based on a popular Internet meme . In addition to this, it was created to poke fun at the cryptocurrency industry.

Especially, the token has since gone on to dominate the crypto market. Additionally, it being one of the largest cryptocurrencies by market cap

Features of Dogecoin (DOGE) –

Firstly, Dogecoin (DOGE) is notable for impressive speeds for transaction processing and confirmation.

Additionally, it is reportedly faster than industry leaders like Bitcoin (BTC) and Ethereum (ETH) . As well as , it being ideal for day-to-day transactions.

Dogecoin stock is listed on top crypto platforms within the cryptocurrency industry.

For example, Binance, Coinbase and Huobi Global.

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2.Shiba Inu (SHIB)

Firstly, Shiba Inu (SHIB) was a late addition to the meme coin family, but it has grown exponentially!

Essentially, an anonymous entity (by the name of ‘Ryoshi’) constructed Shiba Inu to parody Dogecoin (DOGE).

Secondly, in addition to, its alarming nickname (the ‘Dogecoin killer’), Shiba Inu also features a Shiba Inu dog as its logo.

Its consensus mechanism is proof-of-work but is switching to proof-of-stake, which lessens carbon footprint.

Secondly, from partnering with the Shiba Inu Rescue Association, Shiba Inu has the passion to collect donations that help Shiba Inu dogs.

Features of Shiba Inu

Firstly , it is laying the groundwork for next generation Meme Coin. Additionally, it being the largest meme coin by market cap.

Second only to Dogecoin (DOGE). Especially, the token is notable for its role in the Shiba Inu ecosystem .

Additionally, an incentive centered around promoting decentralized community building within the industry.

In addition its success has inspired several copycats , including Bitshiba, SHIBAVAX , and Captain Shibarrow.

Features of Shiba Inu (SHIB)

First, Shiba Inu (SHIB) provides utility for the Shiba Inu ecosystem . Additionally, it facilitates several crypto operations .

Essentially , network governance , user interaction and payment fees. The token is listed on several top crypto platforms .

3.Dogetti (DETTI) –

Firstly, this meme coin is here to stay . Dogetti (DETTI) is an upcoming meme coin sparkling excitement within the crypto industry.

Additionally, the token is a next-generation meme coin that is centered around community.

Essentially, it being a part of an initiative that will offer , amongst other features, an NFT space Such as transactions , payment fees, User interaction and network governance.

Dogetti (DETI) is the mafia-style dog meme coin that’s currently in presale. Just like the Corleone family.

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Dogetti Community –

Dogetti is dedicated to its community; they’re called ‘the family’. The family is evolving and continues to evolve.

With DogettiSwap, it’s built on an Ethereum (ETH) network that uses ERC-20 tokens.

Key features –

Furthermore, they have an immaculate tax fee policy: 2% is redistributed to all Dogetti wallets, 2% goes to the charity wallet and 2% is added to a liquidity Dogetti.

It’s too pawesome to find a meme coin that supports a charity! As well as this, the family is rewarded with free tokens with every transaction on DogettiSwap.

Dogetti aims to release DogettiNFTs in the future; a set of digital collectables which include cute puppies!

Presale of Dogetti (DETI)

Dogetti ( DETI) is fast approaching it’s presale and could be a valuable portfolio addition in the current climate.

Additionally, this token is also gearing to work through it’s presale stages . In addition , it will offer great rewards to early investors .

Essentially, a limited 25% token bonus.

Conclusion

New generation meme coins , such as Dogetti (DETI) , are challenging the status quo . Especially , redefining the meme coin space by introducing viable use cases for the crypto category that could see it soar into relevance.

The investment in crypto assets is not regulated. In addition to being suitable for retail investors and the total amount invested could be lost.

2023 might just be the year of the meme coin. Additionally, it ‘s economy showing promises over the past month by increasing 34.52% against the U. S. Dollar.

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