![]() This ERC-20 token is a cryptocurrency that is hosted on the Ethereum blockchain. ![]() Next on the list is Dogelon Mars – one of the most anticipated tokens of 2021. For a detailed case study on the future price of Dogecoin, check out Dogecoin Price Prediction 2022. Who knows, maybe Dogecoin might go as high as $5 in 2022. That being said, Dogecoin might continue to grow even further and possibly reach new all-time highs in 2022. Although today this cryptocurrency has a price of $0.24, Dogecoin could surpass the $1.00 milestone by the end of 2021. These two additions increase the potential that Dogecoin has when it comes to growth and implementation.ĭogecoin set its current all-time high of $0.73 on the 8th of May 2021. Recently, Musk and Vitalik Buterin joined the board of Dogecoin’s team. From early-2020, Elon Musk has publicly supported Dogecoin through his tweets. The richest man in the world also supports Dogecoin. This would make the network far more scalable, efficient, and environmental-friendly. As the cherry on top, these two have suggested transforming Dogecoin’s network from Proof-of-Work to Proof-of-Stake. The recent Dogecoin update lowered the fees by more than 10x and increased the efficiency of using this network. Furthermore, Dogecoin uses a Proof-of-Work mechanism to validate transactions. Moreover, if you go to their website, you will see that Dogecoin aims to be the internet’s currency or as Elon Musk best put it, Dogecoin is the people’s cryptocurrency.ĭogecoin’s blockchain is nearly identical to that of Bitcoin, mainly because their code is extremely similar to Bitcoin’s. ![]() The founders of Dogecoin claim that this cryptocurrency was made solely for fun. Dogecoin was inspired by a Doge meme that was famous during that time. Joining the market in 2013 makes it the first-ever meme coin in existence. Additionally, this cryptocurrency is the most famous one when it comes to meme coins. Dogecoinĭogecoin ( Ð stands for Dogecoin) is the oldest meme coin in the cryptocurrency market. The top 10 shitcoins and tokens that have the most chances of blowing up once again in 2021 are Dogecoin, Dogelon Mars, Shiba Inu, Shiba’s Wife, Akita Inu, Floki Inu, Baby Dogecoin, Kishu Inu, Sanshu Inu, and Samoyedcoin. This makes it hard for people to choose between them, which most often results in bad investments. Nevertheless, there are thousands of shitcoins circulating right. All of these incentivize people to invest in such projects just for fun.ĭespite focusing on entertainment and fun, this sector of cryptocurrencies has proven to be a very profitable sector to invest in. Some of these projects include Play-to-Earn games, Non-Fungible Tokens (NFTs), and even comic books. Meme coins mainly focus on building a healthy community and providing them with ways to entertain themselves using blockchain technology. Just as their name suggests, meme coins are all about fun and breaking the monotony of the market. These two giants lead the pack right now, however, numerous projects have enormous potential in this sector. Some of these meme coins have gained enormous attention and have become part of the biggest cryptocurrencies in existence – and these are Dogecoin and Shiba Inu. As for the cryptocurrency market, there is a meme sector that is made up of meme coins – also known as shitcoins. Besides having serious projects and companies, every market also has a fun side.
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