It’s meme coin season. Who lets the dogs out? Three captivating coins are currently thriving with exuberance. Dog meme coins seem to be taking center stage when it comes to the crypto market. Dogecoin (DOGE), Shiba Inu (SHIB), and DogeMiyagi (MIYAGI) are the ones to look out for when considering a crypto investment.
Dogecoin: The Meme Coin Founding Father
Dogecoin was the first ever meme coin to emerge onto the crypto market, and since its release, it has certainly made history in the crypto space. Two software engineers that met online had no idea that their comical take on Bitcoin (BTC) would be so successful. But Billy Markus and Jackson Palmer, co-founders of the token, were onto big money when they launched Dogecoin in late 2013. Almost a decade later, Dogecoin has infiltrated the meme coin space and has let everyone know that meme coins, although humorous, are NO joke.
Dogecoin stemmed from a popular meme from 2009 of a Shiba Inu dog breed giving a bombastic side eye to the camera and spouting sarcastic comments such as ‘much fun’ and ‘so cool’. Memes have been rampant in modern culture since the start of the internet, which explains why Dogecoin has received a lot of attention over the years. In recent times,
Dogecoin has seen a lot of support from celebrities such as Snoop Dogg and Elon Musk. Elon Musk has pulled several stunts as recently as last month (April 2023) that have caused the severe fluctuation of the Dogecoin token. This only leads people to wonder, where could Dogecoin be heading next. As of now, Dogecoin has a respectable market capitalization of over $30 billion as well as 129 billion $DOGE in circulation.
Shiba Inu: What Does The Future Hold For This Doge?
Shiba Inu (SHIB), is often valued as Dogecoin’s unofficial younger sibling. Considering they stemmed from the same meme format it is understandable why Shiba Inu falls victim to constant comparisons, especially as it was designed to outperform the original meme coin. But what exactly does Shiba Inu have to offer? Shiba Inu, a relatively young coin introduced in 2020, has already achieved remarkable feats within the market, rapidly propelling itself to a notable rank of #15 on the coin market capitalization.
However, predictions are stating that Shiba Inu may fall victim to the volatility and unpredictable nature of the current crypto market. Vitalik Buterin, the founder of the Ethereum blockchain has unintentionally destroyed 410 trillion $SHIB tokens worth an eye-watering $65 billion by sending them to a non-existent address. Despite this hiccup, Shiba Inu’s very own metaverse experience, Shib: The Metaverse is bound to get things moving for the community. Fans everywhere are highly anticipating the big debut set to take place at the end of 2023. It is a space designed for networking, gaming, and entertainment as well as simulation and interaction with others. Although it will launch at the end of the year, it is an ongoing project that will be receiving constant updates throughout its existence.
DogeMiyagi: Kickstarter For Your Crypto Journey
One thing that separates DogeMiyagi (MIYAGI) from the rest of the competition is the approach that this brand-new cryptocurrency has to make a mark on the crypto market. Mr DogeMiyagi believes in the slow and steady approach to market research, the motto being ‘Before learning to fly, you must learn to stand.’ DogeMiyagi wants potential investors to also know that they are dedicated to fulfilling their duties to being environmentally conscious, hoping that this will give them longevity over the other crypto meme coins.
There are several aspects of DogeMiyagi that will appeal to investors; these include things like DogeMiyagi NFTs and a Uniswap-powered currency exchange platform “Killer Swap Machine” to allow individuals to transition their funds into other cryptocurrencies smoothly, should they wish to do so.
DogeMiyagi has chosen to build its operation on the Ethereum (ETH) network, due to the popularity of the blockchain and its reliability. Since adopting the Shanghai upgrade, the Ethereum network has adopted a proof-of-stake concept, which uses less energy than the previous proof-of-work method. This is great for the DogeMiyagi platform as assisting the environment is a main priority for the team.
To learn more about DogeMiyagi, visit:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi
