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When it comes to cryptocurrency, many projects offer little or no value to the market. These days the trend is around memecoins or as some would like to call them shitcoins. Usually, shitcoins are also viewed as having no identifiable purpose or value and they often don't fall into a specific category. Lastly, these coins often have little or no market value. Most shitcoins get their value from just existing or enlisting the support of well-known celebrities or corporations. These coins have a strong community of HOLDERS that are with them for the long run and a decent product to offer coupled with a good marketing strategy. This article features the top 10 exciting ShitCoins that might explode in 2023.
Dogecoin (DOGE) is based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin is one of the best shitcoins to invest in 2023.
Tamadoge is currently the most sought-after shitcoin of 2022. The whole world revolves around the Tamaverse, which is a universe where you will be able to breed, trade, and care for your Tamadoge on the go. Tamadoge comes from the popular virtual pet called Tamagotchi, which was introduced to kids in the 90s. Just like the virtual pet back then, people can now take their doges and interact with them.
Shiba Inu exploded in October 2021, after Elon Musk tweeted about it. And that is all you need to know about this token. If a single celebrity tweet is enough to send it to the Moon, that probably means it is a memecoin. However, even today, Shiba Inu retains a significant market cap of over $13 billion, meaning that a lot of people are hopeful that the coin will bounce back from its current price of $0.00001212.
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition, and Burn. The Safemoon token was released in March 2021 and quickly gained popularity. Whilst it has no real utility, it also claims to be the world's fastest-growing cryptocurrency.
Dogelon Mars is a dog-themed memecoin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge.
Baby Doge is cute but with a lot of BITE! $Baby Doge is a deflationary token designed to become scarcer over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet. Watch the amount of baby doge grow in your wallet as baby dogecoin holders automatically receive a 5% fee from every on-chain transaction that happens in the Baby Doge ecosystem. The community receives more baby doge coins from the fees generated by each transaction.
Floki Inu (FLOKI) is a dog-themed meme coin, calling itself not a meme coin but "a movement." It's a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk's Shiba Inu. Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB.
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize decentralized community building at the forefront of web3. ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO and vote on how the ApeCoin DAO Ecosystem Fund should be used.
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space. The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange.
Lucky Block envisions a worldwide lottery with players using Blockchain protocols, operating on the Binance smart chain. The focus of Lucky Block is to develop further transparency and fairness in gaming, creating a lottery where every player has better win odds while providing a solid investment strategy for token holders and contributing to the community. LBLOCK is one of the fastest-growing shitcoins in crypto history.
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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.
