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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 it 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 a well-known celebrity or corporation. 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 shitcoins that have the potential to make you rich in 2022.
Magic Internet Money is a stablecoin soft-pegged to the US dollar and minted by the Abracadabra. money lending platform. MIM is a stablecoin that is soft-pegged to the US Dollar and minted by the Abracadabra. money decentralized lending platform. It is one of the best shitcoins to buy in 2022 for higher returns.
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. If you want to invest in cryptos under US$1, Safemoon could be a good choice.
Dogelon Mars is a dog-themed meme coin 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 on 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.
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 2022.
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.
SAMO is an emerging digital asset that backs a community concentrated on onboarding Solana users, educating market participants, making personal connections, and helping each other navigate life. While we're the fastest, most efficient, and most eco-friendly dog coin in the game, we aspire to be MORE than just that; we aspire to be Solana's Ambassador.
LuckyBlock 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.
