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Meme coins have grown to become a pivotal part of the crypto industry. Odd as it may seem, these coins are backed by memes and a strong community. The stronger the community, the more popular the project becomes as seen in leading cryptos like Dogecoin (DOGE) and Shiba Inu (SHIB).
These meme coins do not always have a serious value proposition but some newer meme coin projects have adopted real-life causes, to gain the interest of crypto natives. Some meme coins stand out in the crypto space. Three meme coin projects you should be watching are Shiba Inu (SHIB), Dogecoin (DOGE), and RoboApe (RBA).
Shiba Inu (SHIB), Dogecoin (DOGE), and newcomer RoboApe (RBA) have proven to be solid projects with strong communities, that have surprised crypto market watchers time and again. Without further ado, here is a quick rundown of these three crypto projects.
Shiba Inu (SHIB) is a dog-themed meme coin that has the Shiba Inu dog as its mascot. The project was launched in 2020 by an anonymous individual under the moniker: "Ryoshi." Soon after its launch, the meme coin gained holders at a fast pace as they were drawn to its cute puppy mascot.
In addition, the success of this dog-themed meme coin spurred a host of copycats, trying to mimic the success of SHIB. Shiba Inu has a strong crypto following of users who strongly believe in its success. The key to any meme project is its community and SHIB has this support in abundance.
The popularity of the SHIB token led to it being listed on various exchanges including Coinbase. According to their white paper, Shiba Inu's creators have expressly stated that they created Shiba Inu because of their love for the dog. The Shiba Inu meme coin is an example of how the community of a project can take it to greater heights.
Dogecoin (DOGE) is a meme coin created after the "doge" meme of a Shiba Inu dog. It is an open-source digital asset that was created by Billy Markus and Jackson Palmer who forked the code of Litecoin and modified it to create DOGE.
Dogecoin was created to be a fun and easy-going cryptocurrency, that would appeal to a more casual crypto audience as opposed to the serious Bitcoin crowd. Prominent figures like Mark Cuban and Elon Musk are vocal supporters of the meme coin both online and offline.
The DOGE token has become mainstream, as it now has utility beyond being just a meme. On popular online forums such as Twitter and Reddit, Dogecoin is used to tip forum participants by other users. In addition, the coin was also listed as a means of payment for Tesla.
RoboApe (RBA) is a meme coin project with a vision. RoboApe aims to teach and educate crypto newbies through its RoboApe academy. In addition, it would organize charity games and events that would allow it to directly impact its community of holders. Furthermore, RoboApe would also bring its project to the physical world through the creation of merch that its users would have access to.
RoboApe is changing the way meme coins operate by pursuing goals, that unites the community. Also, it would allow its users to interact with other protocols and swap its tokens if necessary. It would also create its NFT marketplace where users can mint RoboApe NFTs for sale, hold, or trade. To be a part of this project, join the presale below.
To find out more about RoboApe (RBA), read this article.
Presale: https://ape.roboape.io/register
Website: http://roboape.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
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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.
