For a variety of reasons, people buy meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). Due to their extreme volatility and potential for significant price fluctuations, some investors view these currencies as a quick way to profit. Additionally, they perceive it as a means of joining a group and taking part in the meme culture.
Although Dogecoin (DOGE) and Shiba Inu (SHIB) have held the top spots in the world of meme coins for the past few years, they should watch their backs. A new don has rocked up on the blockchain, and he means business.
Dogecoin and Shiba Inu: The Two Top Doges
Dogecoin (DOGE) is a cryptocurrency that was developed in 2013 as a joke and is based on the Shiba Inu dog-themed “Doge” internet meme. It is used for online transactions and has grown to have a sizable following. A cryptocurrency called Shiba Inu (SHIB) is built on the Ethereum network. It was made in August 2020 and is similar to Dogecoin in that it is a “meme coin.”
With a decentralised, community-driven, and equitable token distribution model, Shiba Inu intends to give token holders a part in the project’s destiny. As a decentralised autonomous organisation (DAO), the project enables community members to vote on ideas and determine the project’s course.
SHIB was issued via an initial coin offering (ICO) and airdrop to Ethereum holders, with 50% going to Ethereum founder Vitalik Buterin. SHIB has a fixed quantity of 1 quadrillion tokens. Meme culture created the petri dish from which the token could grow in prominence, and its value significantly increased when Buterin burnt half of the tokens.
Dogetti: The New Dogefather
Though Elon Musk is the self-proclaimed ‘Dogefather’, he needs to watch out. A new meme coin has shown up wagging its tail. Dogetti (DETI) is a meme coin with a foundation on family. Vin Diesel should watch out too. At its heart, this meme coin is like Don Corleone – family comes first. Its aim is to create a strong community and to uplift everyone in this community, as one family. Holders of Dogetti will be rewarded with 2% of all transactions, so as more trades happen on the platform, the wealth of everyone in the ecosystem will increase.
This community is not only something that will increase your net worth, but can provide you with fun opportunities, as there will be meme competitions, NFT giveaways, and gleam competitions just to name a few. Dogetti is one of the most exciting new cryptocurrencies on the market today, so don’t miss out!
Shiba Inu (SHIB) and Dogecoin (DOGE) have been engaged in a competition to be the best meme coin, but they could be at risk of losing their footing as the new promising meme coin Dogetti (DETI) takes over the game.
To maximise profits, cryptocurrency investors should consider investing in Dogetti before the coin debuts. The price will increase once the coin releases, and you’ll miss out on this fantastic chance to obtain Dogetti super cheap. Don’t miss out!
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