The internet has brought us a plethora of interesting information and fun activities to pass the time, even hilarious memes to enhance our enjoyment. One thing that everyone can agree on is that social media was the creation that changed a nation. As far as this is concerned, it has had a strong impact on the value and promotion of crypto, specifically Dogecoin, Shiba Inu, and Big Eyes Coin.
Meme coins are created as a parody of cryptocurrency or can be based on a pop-culture reference. In recent years, the popularity that the coins have gained is no joking matter, sparking great investment from many who appreciate the humorous side of crypto and are keen to turn a profit.
Dogecoin: The Piomemer
The invention that pioneered the meme coin craze was first backed by none other than Elon Musk. The meme coin was inspired by the popular “doge” meme and has since become one of the most popular meme coins on the market with a current market cap of $ 11 billion.
The rise to strength for the coin came at the mercy of its online community and has gained a strong following since its launch. The coin appeals to young investors who see it as a shift from traditional finance and this audience is primarily the reason for the coin’s success. Elon Musk’s tweets on the coin have also sparked an interest and have paved the way for more investment as the interest grows.
Shiba Inu: Crown Prince of Meme Coins
Online communities are all the range when it comes to memes and Shiba Inu is no exception. Affectionately referred to as the Dogecoin killer, the coin launched in August 2020 and immediately caught the attention of personalities like Vitalik Buterin and Elon musk, who shared tweets showcasing their support of the coin.
The coin’s community, “Shib Army”, has been the pillar of strength for the success and popularity of the coin. This decentralised community of coin lovers promotes the meme coin and raises its value through social media, memes, and online activism.
The buzz created by the Shib Army has significantly contributed to the coin’s success in a short amount of time, pushing the coin to be the 13th most successful cryptocurrency with a market cap of $ 7 billion.
Big Eyes Coin: The Wildcard
The coin that has taken the crypto world by storm in the past few weeks has garnered much success in its presale stage. Big Eyes Coin and its furry feline friend have earned an incredible $ 30 million so far.
The coin not only offers investors a chance at great profits but has also created a community atmosphere. In charity, they pledge to donate 5% of their total earnings to ocean conservatories, and in practice, they offer communities like their Sushi crew which is a club for NFT owners.
Social media – Twitter in particular – has had a significant part to play in the coin’s popularity, The team at Big Eyes is constantly promoting their sense of community through healthy competitions.
Their intelligent marketing has gathered an online community of over 38 000 followers, many of whom are constantly interacting with the activities on their website like buying loot boxes, which range from $100 to $1000, and their most recent introduction, the saver can, which users can buy for as little as $10.
Online communities are crucial to the success of cryptocurrency, especially meme coins. Pop culture and a sense of community will always be at the forefront of all of us and when crypto players utilise it correctly, the support they can receive and the communities they can create will always pave the way for exponential growth and investment.
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