Before the advent of meme coins, the crypto landscape had no community-oriented project, nor did it have any sense of community. But meme coins, from Dogecoin onwards, have fundamentally altered how the world views digital assets. Read on to find out how Dogecoin (DOGE), Pepe (PEPE) and DogeMiyagi (MIYAGI) have contributed to the crypto world and what makes them stand out from other altcoins.
Dogecoin: Bringing Crypto to People
Dogecoin started the meme coin universe in 2013 with its dog-themed network. The project was started as a joke at the serious and obscure Bitcoin. The network has since added capabilities to emerge as a network of serious heft. The network is now the seventh largest in terms of market capitalisation.
Dogecoin has proven its detractors wrong with its performance over the years. DOGE has shown impressive resilience to bounce back crypto winters time and again. DOGE’s performance has even given meme coins the reputation of volatility beaters.
The Dogecoin ecosystem has grown to include DeFi projects and dApps such as DogeDEX, DogeSwap, and DogeDice. The ecosystem is also adding capabilities and is perhaps the most comprehensive among meme coins.
Pepe, the Crypto Sensation
Pepe, the recent market sensation, has amazed everyone with its astonishing 7000% climb at the time of launch. The meme coin is inspired by the cartoon character Pepe the Frog. The token debuted in April 2023 and has since seen prices correcting, but the climb has realised the crypto millionaire dreams of many in its community.
PEPE now has a market capitalisation of $614 million. The token’s climb was a result of the hype meme coins generate and the promise of great results that come attached to these projects. The token’s ecosystem is a work in progress, and the team that has let the community in on its plans for the future. PEPE will have a total supply of about 420 trillion tokens but, interestingly, will have a burn policy that will kick in to maintain scarcity to maintain value.
DogeMiyagi: Patience Will Deliver Meme Coin Throne
Meme coins are sometimes attacked for their perceived lack of utility. The assumption that beyond the hype there lies no substance is one that meme coins have to contend with all the time. But DogeMiyagi, a new meme coin in presale, addresses these charges with its community-centred project. The project has envisioned a future where MIYAGI will be at the centre of its thriving ecosystem.
DogeMiyagi takes inspiration from the wise Mr Miyagi of the Karate Kid franchise, and his teachings of patience can be seen throughout the project. The project has taken a patient approach with its network by not rushing to launch with a half-baked network. DogeMiyagi aspires that its ecosystem will foster sustainable and rapid growth for its holders.
After its launch, the network has stated that it will transition into a fully decentralised autonomous organisation. Thus, the community will have a true stake in the network by having an avenue to implement its vision of the network. The network also plans to launch its NFTs and implement daily incentive schemes. These initiatives will ensure the building of a sustainable community around the MIYAGI ecosystem.
The network has also launched a referral programme where holders are rewarded with MIYAGI for referring the network.
The Last Word
The world of meme coins has opened up crypto to the masses; Meme coins have democratised cryptocurrencies and have taken away the obscurity that pervaded the space before Dogecoin. They bring much-needed levity to the world of investing, opening up the world of investing to newer demographics. While Dogecoin has started the meme coin universe, Pepe and DogeMiyagi show the future of meme coins. PEPE and MIYAGI display the power of community-centred projects that are also strong investments.
Click To Know More About Mr DogeMiyagi:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi
