• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Meme Coins: From Dogecoin to BTFD - A New Crypto Era

user avatar

by Giorgi Kostiuk

a year ago


Meme coins have carved a niche in the crypto world, turning jokes into significant investments. In this article, we will explore the development of meme coins, starting with Dogecoin and Shiba Inu, and how they paved the way for new players like BTFD.

The Evolution of Meme Coins

Initially considered jokes, meme coins have become significant players in the cryptocurrency market over the years. Dogecoin and Shiba Inu set the trend of turning smiles into profits. New players continue to grab attention, and every new event, such as a potential Binance listing, can significantly impact their value.

Dogecoin: A Success Story

Dogecoin, created as a parody, became a well-known brand. The key moment was its listing on Binance in 2019, where Dogecoin's price soared by over 1,000%. Community and support from figures like Elon Musk made it a formidable investment force.

Shiba Inu and the New Player BTFD

Shiba Inu followed Dogecoin's lead, offering its mechanisms and partnerships to enhance its capabilities. Its Binance listing in 2021 led to a value surge of over 50,000%. Today, BTFD enters the scene with unique offerings like 125% APY. With its community and potential, BTFD promises to be the next significant player in the market.

Meme coins continue to capture attention through communities and innovation. Dogecoin and Shiba Inu laid the foundation, and BTFD is poised to establish itself as a new leader in this dynamic field.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SEI Crypto Set for Major Upgrades and Institutional Partnerships

chest

SEI crypto is preparing for significant upgrades and partnerships to enhance throughput, reduce latency, and drive adoption.

user avatarLeo van der Veen

Drivers Behind the Surge in Tokenized Equities

chest

The remarkable growth of tokenized equities can be attributed to several key factors, including increased regulatory clarity in major jurisdictions and active participation from global investment banks and asset managers.

user avatarLi Weicheng

GRASS Token Attracts Investor Interest with Unique AI Data Focus

chest

The GRASS Network, a Solana-based protocol, has gained significant attention following a $45 million seed funding round led by Polychain Capital.

user avatarAisha Farooq

Bithumb Schedules Maintenance for Point Shop Service

chest

Bithumb has announced routine maintenance for its Point Shop service, affecting reward points but not cryptocurrency trading.

user avatarTenzin Dorje

Arkham Intelligence to Cut Support for Linea Blockchain

chest

Arkham Intelligence will discontinue support for the Linea blockchain on January 11 due to a periodic review of its relevance.

user avatarBayarjavkhlan Ganbaatar

Beneficial Ownership Transparency Initiative Launched

chest

The US Corporate Transparency Act aims to reveal the true owners of corporate entities to combat fraud and corruption.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.