As the dominance of Bitcoin (BTC) continues to be threatened by altcoin underdogs like Apecoin (APE), Dogemiyagi (MIYAGI), and Shiba Inu (SHIB), investors are beginning to see meme coins as a valid alternative within the crypto market. Other altcoins like Ethereum (ETH) and Solana (SOL) have shown a lot of promise, but the drive in the crypto community behind meme coins is unparalleled, and offers investors an exciting opportunity for massive returns on investment.
Apecoin: Novelty of NFTs Not Yet Worn Off
Apecoin (APE) is currently experiencing a bearish momentum, but over the past week has experienced a rally in price. While it has yet to reach its all-time high again which occurred last year, APE has shown that there is still potential for meme coins such as itself to experience a resurgence in popularity and climb back up to the top of the market. After the release of their wildly popular non-fungible token collection, Bored Ape Yacht Club, APE experienced a dip in prevalence, but with one of these NFTs recently selling for nearly $100,000 it is clear that the age of meme coins is not yet over.
Dogemiyagi: Support from the Ground Up
Dogemiyagi (MIYAGI) is a new project awaiting release into the crypto market, which is currently gaining momentum during its presale stage. As the army of followers behind meme coins is the strongest in the market, MIYAGI is capitalising on this by making the coin completely community-driven, with a decentralised autonomous organisation in place to make decisions for the coin. By putting the decisions about the currency’s future into the hands of its token holders, MIYAGI will cultivate a strong community passionate about the success of this coin, and in times of difficulty will see this community rally behind them and in times of success see its holders profit.
Shiba Inu: Ready for Second Round
Shiba Inu (SHIB) has experienced unprecedented profits in the past, and with its incredibly passionate community, there is a high chance that it will experience another rally in the future. Although it has been experiencing some decline in the past few days, the wider picture suggests that SHIB could see a significant upturn in the weeks to come. With some major announcements rumoured to be upcoming in the next month, the SHIB community is gearing up for another explosion in price, and with it, many meme coins will follow in its footsteps.
While meme coins tend not to show constant growth in line with the rest of the market, the opportunity for enormous boosts in value is unlike anything else in the crypto scene. While traditional altcoins might seem like a more secure investment, nothing is secure in crypto, and besides, who doesn’t come to this market seeking a little excitement? By investing in meme coins, investors can count on being a part of the most exciting area of cryptocurrency, and all the while be a part of a blossoming community.
DogeMiyagi:
Website: https://dogemiyagi.com/?source=insight
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi