Over the last few years, there has not been a crypto category that has made more significant strides within the cryptocurrency industry than meme coins. Initially clowned for their comedic nature and lack of use cases or real-life applications, meme coins have continually defied the odds within the crypto space and are now one of its most in-demand tokens. A major reason for this is their immense utility, renowned for turning individuals into millionaires overnight, as seen during the height of the meme coin frenzy. At a time when the volatility within the industry is at an all-time high, meme coins are emerging as suitable candidates for investments that struggling investors ought to make the most of.
It has become evident within the industry that crypto regulars must turn to various unorthodox strategies to ensure that they can minimize the amount of loss within the ongoing bear market. As meme coins are now in demand, we look at three meme coins that would make excellent investment options for struggling investors within the current climate. Here’s why you should invest in Dogecoin (DOGE), Shiba Inu (SHIB) and Big Eyes Coin (BIG).
The King Of Meme Culture – Dogecoin (DOGE)
Dogecoin (DOGE) is a notable cryptocurrency within the industry. It is renowned as the original meme currency and a pioneer of the meme coin space. Dogecoin (DOGE) is one of the few meme coins that continually defies all odds within the cryptocurrency industry despite the doubts of several crypto analysts and enthusiasts. It is a top ten cryptocurrency by market cap and is renowned for impressive transaction processing and confirmation speeds. It also requires low transaction costs and is said to be quicker and more efficient than industry-leading altcoins like Bitcoin (BTC) and Ethereum (ETH).
Dogecoin (DOGE) is mostly used to tip valuable content on popular social media platforms like Twitter and Reddit by its community. As an industry-leading altcoin and a pioneer of the meme coin movement, Dogecoin (DOGE) has stock on several prominent crypto platforms within the industry, such as Binance and Coinbase.
Marking Its Territory – Shiba Inu (SHIB)
Shiba Inu (SHIB) is an Ethereum (ETH) based cryptocurrency that is also the second largest meme coin by market cap after Dogecoin (DOGE). It is part of a completely decentralized ecosystem that features a Decentralized Exchange (DEX) platform called Shiba Swap, among other features. The token incentivizes its native ecosystem and facilitates operations, such as network governance and payment fees.
Due to its status within the cryptocurrency industry, Shiba Inu (SHIB) is available on a number of prominent crypto platforms, such as Binance and Coinbase.
Kitten With Big Dreams Clawing At The Market – Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming meme coin that will completely revolutionize the meme coin sector as we know it. The token is part of an initiative that seeks to champion the advancement, development and adoption of blockchain technology around the world and rectify several myths around Decentralized Finance (De-Fi). As its native cryptocurrency, Big Eyes Coin (BIG) incentivizes the network and facilitates all crypto-related activities, such as trading, network governance and user interaction.
The Big Eyes Coin (BIG) is currently on presale and is already a valuable asset within the current climate. However, it is in the third stage of its presale, meaning the window of opportunity to purchase it is gradually closing. For more information on Big Eyes Coin (BIG), click here.
Big Eyes Coin (BIG)
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