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Meme Cryptocurrencies: Recent Successes and New Expectations

Meme Cryptocurrencies: Recent Successes and New Expectations

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by Giorgi Kostiuk

7 hours ago


In recent months, meme cryptocurrencies such as SHIB, PEPE, and BONK have attracted considerable attention and caused sharp fluctuations in the market. Trends in the crypto space are changing rapidly, and new projects like XYZVerse are emerging with high expectations.

SHIB: A New Perspective on Meme Cryptocurrencies

Shiba Inu (SHIB) began its journey in August 2020 as a parody cryptocurrency to Dogecoin. It chose the Ethereum blockchain, allowing it to integrate into serious financial tools. A key step was the burning of 40% of the total tokens, after which SHIB established itself as a more serious player in the market. It now supports the ShibaSwap platform and offers its community various functions, such as project voting.

PEPE: The Meme Coin Returns to the Spotlight

PEPE, based on the cultural concept of a popular comic, controversially drew attention in late April 2023 when its value surged to $1.6 billion. Supporters argue that PEPE could become the next significant player in the Meme cryptocurrency space, emphasizing its clear roadmap and limited supply, distinguishing it from traditional memes that focus solely on jokes.

BONK: A New Star on Solana and Its Potential

BONK became the first meme cryptocurrency on Solana and introduced the concept of token distribution among users. Half of all coins were distributed to those using NFT and DeFi applications on the platform. Thanks to Solana's network specifications, users can quickly and with minimal costs exchange tokens through new tools like BonkSwap.

Meme cryptocurrencies such as SHIB, PEPE, and BONK rightfully attract attention and demonstrate the potential for significant changes in the market. New projects like XYZVerse also offer appealing perspectives for investors in the cryptocurrency world.

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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.