Top 3 Meme Coins To Watch in 2022
2021 was the special year of the crypto market, in which, the global crypto market cap was highest than ever. Meme coins, specifically, skyrocketed at some moments in the last half of 2021. Cryptos are down considerably today, however, with such big profits remaining 10 months of this year, investors can be in all likelihood to make them bounce back into an uptrend. Head up and take a glimpse at the top 3 meme coins to watch in 2022 with Tokenize Xchange.
Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency that turned into made as a parody of the crypto marketplace following the established order of Bitcoin. It turned into at the beginning created as a light-hearted doge story for crypto enthusiasts and a joke intended to mock all the scams as well as fake coins issued at the time of 2017. However, it fast exploded to be one of the most famous meme coins up to now.
>>>Read more: Top 5 cryptocurrencies to watch in 2022
Dogecoin`s logo emblem is primarily based totally on a famous meme of that point that featured a Shibu Inu dog. It turned into created in December 2013 and turned primarily based totally on the equal fundamental generation of different cryptocurrencies like Bitcoin and Litecoin. As a result, it suffers all disadvantages of Bitcoin technology.
However, Dogecoin delivered a few improvements, which blanketed quicker get admission to speeds and greater cheap transactions. Also, it counts on the help of a strong network across the DOGE popularly referred to as the “Doge Army.” In 2021, Dogecoin is the ninth-biggest cryptocurrency with the aid of using marketplace capitalization.
In addition, a further element is instrumental in Dogecoin`s rise; Tesla`s leader government officer and crypto fanatic Elon Musk. He is running with the Dogecoin builders to decorate transaction speeds and tweets relentlessly concerning the token. That turned into sufficient to ship DOGE-USD skyrocketing. His help isn’t wavering. Tesla CEO has even introduced that his employer accepts Dogecoin for merchandise. So that Dogecoin will be still attractive to investors for the rest of 2022.
2. Shiba Inu
Shiba Inu is a meme coin created in August 2020 by a developer called Ryoshi. Although inspired by the same dog as the famous meme coin Dogecoin, Shiba Inu describes itself as a “Dogecoin Killer”.
Shiba Inu runs on a decentralized network of computers that operate a database called a blockchain. This blockchain tracks and manages cryptocurrencies verifies transactions and records the history of every transaction. So it becomes a long-term record of token SHIB.
Specifically, Shiba Inu runs on the Ethereum blockchain, thereby taking advantage of the functions and security of this blockchain. Ryoshi stated in the article that he chose to build the Shiba Inu ecosystem on Ethereum because it is secure and well established.
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At the time of writing, SHIB is trading at the price of $0.00003 across various major exchanges including Binance, KuCoin, Coinbase, Gate.io, and so on. With over 589,735 billions token circulating, SHIB’s market cap reaches over 16 billion USD, ranks in 14th place. Because of numerous good news about Shiba Inu, investors believe that token SHIB will be able to break its own ATH this year, which was recorded at $0.000088 on 28th Oct 2021.
3. Dogelon Mars
The Dogelon Mars is a well-known meme coin believer among the cryptocurrency community. It has swiftly become one of the most sought-after currencies on today’s cryptocurrency exchanges due to its fast surge in value. The rationale is understandable.
Elon Musk has been generating news for years, and it appears that he has finally discovered his real calling. The CEO of Tesla and SpaceX is not just an electric car visionary as well as spaceships; he is one of the biggest crypto enthusiasts.
Dogelon Mars is an ERC-20 token that aims to build on the popularity of Dogecoin’s original meme token. It comes with a total supply of one quadrillion ELON and a market cap of more than $500 million at the moment.
With 50% of the token supply burned to Vitalik and the rest 50% permanently locked in the Uniswap liquidity pool, Dogelon MArs pursued a deflation policy by “burning” tokens to reduce the number in circulation similar to Shiba Inu. This gives a better incentive to maintain the value of the ELON compared to Dogecoin, which can be mined unlimitedly with 10,000 Dogecoin per minute. Therefore, Dogelon Mars is the 3rd meme coin on the list that you should take a look at in 2022.
Here is all the introduction of the top 3 meme coins to watch in 2022: Dogecoin, Shiba Inu, and Dogelon Mars. Follow Tokenize Xchange Blog for more interesting information and the crypto market.
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.