The world of cryptocurrencies is relatively new and exciting, which is why the digitized platform has garnered attention and turned heads since its advent. It has attracted a lot of potential and existing investors, demanding they upskill by learning about the crypto space to maintain a current and vast knowledge.
The market had been booming for a long time but saw an all-time low in the recent crypto market crash. The crypto investors, be it retailers, institutions, or investment firms, were left devastated. Amidst this, a new cryptocurrency named Pugglit Inu (PUGT) is all set to launch and create waves by rivaling other popular meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). Let's dig deep into the highlighted meme coins and learn more about them to figure out which ones to go for.
Dogecoin (DOGE) is a digital currency based on the famous doge internet meme and features a Japanese breed of dog on the logo. Its cute yet charming design coupled with tweets from famous personalities like Elon Musk explained its increase in value and popularity. Musk continues to offer his support to Dogecoin, allowing Tesla merchandise to be purchased using it. Dogecoin asserted a new and exciting aspect to the cryptoverse with its fun approach. Many Dogecoin enthusiasts have been known to chant "Dogecoin, Dogecoin, Dogecoin, Dogecoin" at local meet-ups to discuss the coin and its fun facets.
A Dogecoin Faucet exists. This is a website that allocates a small amount of the Dogecoin currency for free so that one can start interacting with the communities. Dogecoins are used most of the time to reward quality content on Twitter or Reddit and are contained in either the 'Multidoge' wallet or the dogecoin core.
Shiba Inu (SHIB) is essentially a meme token. It was created in August 2020 by an unknown enthusiast under the alias of 'Ryoshi.' The coin features a dog called 'Shiba Inu' that has successfully propelled millions of people to invest in it.
The 'dog-themed' cryptocurrency has taken multiple initiatives to make itself unique and diverse. From inviting dog-inspired artists from across the globe to promote its 'artistic Shiba movement ' to collaborating with Amazon smile and curating a campaign to collect funds to rescue real-life Shiba Inu dogs.
Pugglit Inu (PUGT) is a new meme coin project which has not yet been launched but aims to revolutionize the decentralized finance exchange system upon its introduction to the market.
The name 'Pugglit' came to be a unique portmanteau of dog 'puggle' and the 'piglet' and aims to amalgamate their distinct characteristics too, ultimately strengthening the Pugglit Inu (PUGT) token in the digital market. The traits of loyalty, affection, and strength of the pug combined with the courage and intelligence of the piglet.
The project offers multiple assets, including a set amount of tokens to users and a feature called 'Pugglit swap' that helps inter-changing between the different digital currencies allowing them to trade freely. And if that wasn't enough it also offers a secure wallet in which token-holders can store the tokens they earn and solve user queries through their excellent customer service system.
The community will experience a fun environment as people sharing memes will usually share similar humor and interests. The team behind Pugglit Inu (PUGT) aims to include everyone in the community.
The Pugglit Inu (PUGT) network will work as a DAO (decentralized autonomous organization) to decide the community policy, by which the currency system will be built. Essentially, the work of the token is in the hands of the DAO.
To sum up, Pugglit Inu (PUGT) shows great promise and could emerge as a popular cryptocurrency if it survives the recent crypto market crash after its launch.
The bearish market is the perfect opportunity to early-invest before the market explodes. Certain features of PUGT attract investors like the chance to create a secure multi-token wallet that holds a variety of tokens, and the decentralized financial ecosystem as it transfers the decision-making powers to all token-holders. Lastly, the use of the Binance Smart Chain (BSC) network allows users to carry out transactions extremely fast and at a cheaper rate.
It's always important to research before purchasing any cryptocurrency. Dogecoin (DOGE), Shiba Inu (SHIBA), and Pugglit (PUGT) are all worthy of your attention and time.
Presale: https://pug.pugglitinu.com
Website: http://pugglitinu.com/
Telegram: https://t.me/PugglitInuOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.