As its presale advances, Big Eyes (BIG) looks to set the stage as a new favorite token among users on the cryptocurrency market. It will take out Ethereum-based counterparts Shiba Inu (SHIB) and Compound (COMP) in its climb to the top, as its popularity keeps increasing daily. Here’s a short review of how the tokens stand at the moment.
Shiba Inu (SHIB)
Shiba Inu (SHIB) was developed in 2020 by an anonymous developer. It was touted as the biggest memecoin in the cryptocurrency market and a major counterpart for the reigning Dogecoin. However, its progress has not been as consistent, and analysts note that it might be due to a lack of proper governance within the platform.
Shiba Inu (SHIB) exists on the Ethereum blockchain and also operates using smart contracts. The platform supports a decentralized exchange, Shibaswap, which helps users trade crypto pairs for a transaction fee. There is also an NFT incubator where users can tokenize their digital content. After converting to a DAO, the platform plans to launch a proper NFT platform in the future, which will improve the decisions made concerning the project’s future.
Shiba Inu (SHIB) is abundant, numbering about a quadrillion tokens at launch, with about half of that in circulation. The developers will probably burn the rest of the tokens to improve the token’s cryptocurrency price.
Shiba Inu (SHIB) currently sells for $0.00001 on CoinGecko.
Compound (COMP)
The Compound (COMP) platform launched in 2017 as a platform for users, featuring several token markets where they can borrow and lend tokens at different interest rates. The platform permits borrowing by any user without the need for collaterals and interest rate negotiations.
Like decentralized platforms, Compound (COMP) calculates interest rates using algorithms that read the market trends and determine the rates at which users can borrow. Lenders send their tokens to secure Ethereum smart contracts monitored by Compound, from where the borrowers receive their loans.
The platform uses two tokens: cToken, which is the currency for the platform, and COMP, which is the governing token used on the network. Borrowers receive cTokens, and lenders contribute cTokens to the platform from their respective wallets. COMP is used for voting on protocol-related decisions. Individual users could adjust their voting rights, and a reduction in COMP balances restores each user’s voting rights to default.
COMP is available on various DEXs for $. The developers release new tokens every day for use by borrowing users.
Big Eyes (BIG)
Big Eyes (BIG) is a new memecoin looking to offer more than laughs in the cryptocurrency market. The presale started in September and has been proof of its increasing popularity. The developers are not stopping there too. They hope to keep the project relevant, and a look at the existing and expected features will convince you.
So far, it has been mostly publicity and marketing for Big Eyes (BIG). The platform has pooled users from crypto projects across the crypto space to establish a community-oriented project. Right from its presale, Big Eyes (BIG) has convinced its members they will be paramount in its interests, as the developers made over 70% of the initial 200 billion tokens available for the event.
Also, in appreciation for the fantastic support the members gave during the presale, Big Eyes (BIG) will host a giveaway contest with 250,000 tokens for grabs by ten members. The winners will be selected from a draw held later in the year and will be announced by December. Eligible members must have some BIG tokens by the draw date before being selected.
The developers have created and audited Big Eyes’ (BIG) smart contracts using Solidity. They have also gotten the coin to list on exchange platforms like CoinDex and Coincheckup, and they are working on a launch with UNISWAP to achieve greater reach within the cryptocurrency market.
The presale is still on, so there is still some chance to get in the project ‘early.’ Click this link to buy your BIG tokens and stay updated with news from the development team:
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Shiba Inu (SHIB) price has increased by over 15% in a week as whales scoop up large amounts of the token. The transactions suggest that there might be a large group of whales stocking up on SHIB.
Whales are heading over to meme coin Shiba Inu as large holders have purchased over $35 million in a day. The transactions have taken place as the price has been increasing considerably.
SHIB is up over 11% in the last 24 hours, with a trading volume that exceeds $617 million.
One whale bought about 119.3 billion SHIB, just as the token was breaking its resistance level. Another one bought a whopping 3.36 trillion SHIB, worth about $33.6 million. Remarkably, these are both new whales and both transactions took place in a span of 24 hours.
Whale piling up SHIB: Etherscan
As a meme coin, Shiba Inu can be unpredictable when it comes to its price. However, there have been some major developments happening in the ecosystem. The market has also been improving generally, with all assets seeing high price bumps over the past few days.
Fellow meme coin DOGE also saw a huge increase in price, with the token increasing by over 21% in value. This bodes well for those who go after meme coins, though the price spike might not last long.
SHIB Burn Rate Also Increases Massively
The increase in SHIB price comes as the burn rate also spikes. The SHIB Burn tracker shows that the burn rate has risen by a massive 1,934% in the last 24 hours. This could be one of the reasons behind the price bump.
SHIB has gone up in price by over 15% in the last week. The token is now $0.00001161, having been at around $0.00001001 seven days ago. The token has now crossed the $6 billion mark for the first time in nearly three weeks.
Users Can Pay for Netflix and Amazon (Indirectly) Using SHIB
There have been reports that SHIB holders may soon be able to pay for Netflix and Amazon services indirectly using SHIB. The payment feature comes thanks to FCF Pay, which says that it will soon support SHIB in its prepaid debit cards.
Users are not paying for Netflix and Amazon directly. Rather, they are paying for the services through FCF Pay’s prepaid debit card and whatever crypto assets it supports.
What the payment services provider does is convert the crypto asset into fiat at the point of purchase. Another move forward in terms of adoption is the fact that real estate brands Pacaso and Condos.com will also accept SHIB via BitPay.
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Twitter stock (TWTR) rallied a little after Bloomberg report of Elon Musk closing his Twitter deal. The biggest beneficiaries of that news, however, have been Dogecoin (DOGE) and Shiba Inu (SHIB).
New Delhi: Crypto market continued to gain on Thursday despite muted earnings from the tech sector. Bitcoin marched towards $21,000 levels, whereas the total market cap of crypto space topped the $1 trillion mark again.
Most major altcoins were in the green, with a stellar buying interest in the popular meme coins. All eyes were set on the US Fed’s monetary policy meeting, scheduled next week.
Barring the polygon and the US dollar-pegged Tether, all other top crypto tokens were trading higher. Dogecoin zoomed 15 %, Shiba Inu was up by over 6% and Ethereum jumped 4%
The global cryptocurrency market cap hit the $1 trillion mark, after rising up to 3% in the last 24 hours. However, the total trading volume jumped as much as 13% to $102.4 billion.
Expert take Extending the Buoyancy, the global market cap touched $1 trillion after almost a month. The top two cryptos – Bitcoin and Ethereum- also saw some renewed interest, said Prashant Kumar, CEO and Founder, weTrade.
“Positive momentum around the appointment of UK prime minister Rishi Sunak, global markets along with a hope of a reduced interest rate hike in the US Federal Reserve market next week all played a role,” he added.
Tech View by Giottus Crypto Platform Ethereum (ETH) has turned bullish on the lower time frames. Much of this move can be attributed to the broader market sentiment turning positive after Bitcoin broke through a year-long resistance. ETH has taken this opportunity to rise more than 30% from its recent bottom.
ETH still needs more confirmations on the higher time frame charts to establish an uptrend. While it has been trading well above its 50-day moving average of $1,380, it will need to clear resistance at $1,700 (its .618 fibonacci retracement between August and now) to continue moving up. Slightly above this at $1,800, it will be able to register a higher high and signal a clear market structure change. Those looking to open long positions may want to therefore adopt a wait and watch approach.
ETMarkets.com
For those with a bullish bias looking to enter, support at $1,500 and $1,440 can offer good opportunities to engage in some buys on dips, the experts suggested. With its daily RSI hitting 70, a minor correction can be reasonably expected in the coming days, or at the very least – some sideways consolidation, they added.
Global Updates Google reported its softest advertising growth in nine years, with company management taking note of softer crypto ad spending as contributing to the weak numbers.
The decentralized autonomous organization (DAO) behind crypto exchange SushiSwap has approved a legal structuring by an overwhelming majority.
The flagship crypto fund for venture-capital firm Andreessen Horowitz’s, which is also known as a16z, has cratered by more than 40 per cent in the first half of this year, the Wall Street Journal reported, citing people familiar with the matter.
The UK National Police Chiefs’ Council (NPCC) has stationed crypto tactical advisers in police departments nationwide to help investigate and seize digital assets tied to crime.
Toon Finance is the new crypto coin that is more of a meme utility coin compared to some of these pointless meme projects we have seen take off. Toon Finance has a purpose and the team of blockchain professionals have been working hard for months to release this ICO drop.
The team and their community have been ecstatic according to their social media profiles. The coin is everywhere you turn on Crypto.com Coinsniper and CoinMarketCap. The coin is listed in the ICO presale section of Crypto.com
Toon Finance is certainly a great option for those who are looking for an early investment opportunity with the coin still being in the presale phase. TFT is also doing an airdrop giveaway for their community which will include 10,000 cute cuddly NFTs.
These will be directly airdropped to the Toon Finance community members who sign up for the Airdrop. They do not ask for any personal information, only your wallet address so that the team can airdrop the NFT.
The Benefits of Investing in an ICO Presale like Toon Finance
You may have heard of ICOs, or initial coin offerings, but you may not be familiar with investing in an ICO presale. An ICO presale is when a company offers investors the opportunity to buy tokens before the actual ICO. Toon Finance Protocol
Presales usually happen before the public crowdsale and have different conditions attached to them. For example, a presale might have a higher bonus percentage for early investors or a minimum investment amount. In this blog post, we’ll explore the benefits of investing in an ICO presale so that you can make an informed decision about whether it’s right for you.
One of the benefits of investing in an ICO presale is that you can get in on the ground floor of a promising project.
By being an early investor, you can help shape the direction of the project and potentially reap greater rewards down the road. Another benefit is that you can take advantage of bonuses and discounts that are often offered to presale investors. These bonuses and discounts can give you a leg up on other investors who are participating in the actual ICO.
Finally, investing in an ICO presale gives you the chance to do due diligence on a project before committing larger sums of money.
By investing early, you can get a better sense of the team’s vision and whether or not they are capable of executing it. If you’re satisfied with what you see, then you can invest more heavily in the actual ICO. However, if you’re not convinced, then you can simply walk away without losing much money.
Investing in an ICO presale offers many benefits, including getting in on the ground floor of a promising project, taking advantage of bonuses and discounts, and being able to do due diligence on the team before committing larger sums of money.
If you’re thinking about investing in an ICO presale, weigh these benefits against any risks so that you can make an informed decision. Always make sure to do your research thoroughly.
Crypto experts have been calling Toon Finance the most popular and successful ICO to date with the project finally dropping their presale after a few months of prep work to make sure the project and beta testing came out perfectly.
Why Elon Musk is Accepting meme coins DOGE as TFT rises
Tesla and SpaceX CEO Elon Musk has been a vocal supporter of DOGEcoin, a cryptocurrency that was created as a joke in 2013. On May 4, 2021, Tesla announced that it would begin accepting DOGEcoin as payment for its products.
This move sent the price of DOGEcoin soaring, and it has since become one of the most popular cryptocurrencies. But why would Musk accept a currency that was created as a joke? Let’s take a look.
DOGEcoin was created in 2013 as a parody of Bitcoin. It was originally intended to be used as a tipping currency on Reddit, where users could give each other small amounts of DOGEcoin for providing helpful or amusing content.
However, over time, the currency has grown in popularity and is now used by many businesses and individuals as a legitimate form of payment.
While DOGEcoin may have started as a joke, it has since become a serious cryptocurrency with a large market capitalization. As of May 2021, the currency has a market cap of over $50 billion. This makes it one of the most popular cryptocurrencies in the world.
Musk has been a vocal supporter of DOGEcoin, and he frequently tweets about the currency. On April 1, 2021, Musk even joked that he would make Tesla’s “Horn & Tail” feature available for purchase using DOGEcoin. While Musk’s tweets about DOGEcoin are often humorous, they have helped to increase public awareness of the currency.
Musk’s decision to accept DOGEcoin as payment for Tesla products is likely to increase the currency’s mainstream adoption. Is Toon Finance next?
Many businesses and individuals are already beginning to use DOGEcoin as a payment method, and Tesla’s acceptance of the currency is likely to accelerate this trend. In addition, Musk’s endorsement is likely to increase public confidence in DOGEcoin and help to legitimize it as a serious investment option.
Elon Musk’s decision to accept DOGEcoin as payment for Tesla products is likely to increase the currency’s mainstream adoption.
Many businesses and individuals are already beginning to use DOGEcoin as a payment method, and Tesla’s acceptance of the currency is likely to accelerate this trend. In addition, Musk’s endorsement is likely to increase public confidence in DOGEcoin and help to legitimize it as a serious investment option.
SHIB vs TFT
SHIBcoin is a cryptocurrency that was created as a fork of the popular cryptocurrency Shiba Inu. The project aims to create a decentralized ecosystem of digital services and applications. The native token of the SHIB network is called SHIB.
The total supply of SHIB is 1 quadrillion. SHIB is listed on several popular cryptocurrency exchanges and can be traded against other cryptocurrencies.
What is Shiba Inu?
Shiba Inu is a popular cryptocurrency that was launched in August 2020. The project aims to build a decentralized ecosystem of digital services and applications. The native token of the Shiba Inu network is called SHIBA.
The total supply of SHIBA is 1 quadrillion. SHIBA is listed on several popular cryptocurrency exchanges and can be traded against other cryptocurrencies.
What are the differences between SHIB and SHIBA?
SHIB has a few key differences when compared to its parent currency, Shiba Inu. Firstly, SHIB has a much smaller total supply at just 1 billion tokens. Secondly, the block rewards on the SHIB network are halved every 4 years while the block rewards on the Shiba Inu network are halved every 2 years.
Lastly, the developers of SHIB have implemented a Proof-of-Stake consensus algorithm which allows users to earn rewards for staking their tokens.
How to buy SHIB?
SHIB can be bought and sold on several popular cryptocurrency exchanges such as Binance, Huobi, and OKEx. It can also be traded against other cryptocurrencies such as BTC, ETH, and USDT.
Where to store SHIB?
SHIB can be stored in any wallet that supports the ERC-20 token standard such as MetaMask, Trust Wallet, or MyEtherWallet.
SHIBcoin is a cryptocurrency that was created as a fork of Shiba Inu with the aim of building a decentralized ecosystem of digital services and applications. The native token of the SHIB network is called SHIB and has a total supply of 1 billion tokens.
SHIB can be bought and sold on several popular cryptocurrency exchanges such as Binance, Huobi, and OKEx. It can also be stored in any wallet that supports the ERC-20 token standard such as MetaMask, Trust Wallet, or MyEtherWallet.
Toon Finance blows past SafeMoon (SAFEMOON)?
SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. Deeply connected to and driven by its award winning community (The SafeMoon Army), SafeMoon is innovating for good. Building blockchain, commerce, metaverse and NFT products to derive new kinds of value from crypto technology and to apply it to increasingly better use.
What Is SafeMoon’s Purpose?
SafeMoon’s purpose is to provide new kinds of value from crypto technology and to apply it to increasingly better use. The company is focused on building blockchain, commerce, metaverse and NFT products. They also have a strong focus on their community, which they refer to as the “SafeMoon Army.”
What Are Some of SafeMoon’s Products?
Some of SafeMoon’s products include their blockchain platform, their cryptocurrency (SAFEMOON), and their Metaverse product. The blockchain platform is designed to be scalable and efficient. The cryptocurrency (SAFEMOON) is designed to be a deflationary currency. And the Metaverse product is an online world that allows users to create, buy, sell, or trade virtual assets.
What Is the SafeMoon Army?
The SafeMoon Army is the name of SafeMoon’s community. This community is deeply connected to the company and helps drive its innovation. The community is also responsible for spreading awareness about SafeMoon’s products and services.
SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. The company is focused on building blockchain, commerce, metaverse and NFT products. They also have a strong focus on their community, which they refer to as the “SafeMoon Army.”
Some of Safe Moon’s products include their blockchain platform, their cryptocurrency (SAFEMOON), and their Metaverse product. If you’re looking for a company that is innovating for good, then you should definitely check out SafeMoon.
Toon Finance is a better option when it comes to a meme coin investment at this point in the game. Safemoon unfortunately does not have much to offer rather than a strong community, which is very important however it will not mean success is sealed. Always research and make sure that you are making the correct investment for yourself and your future.
Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.
The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.
Holding cryptos while their values rise brings about outstanding returns on your initial purchase, boosting your portfolio for future trades.
Shiba Inu (SHIB), Polygon (MATIC), and Budblockz (BLUNT) are must-haves for your crypto portfolio, as they have the potential to do well.
Two cryptocurrencies that have provided outstanding returns in the past are Matic and Shiba Inu, with Shiba Inu recording a remarkable increase between its launch price to November 2021.
Budblockz (BLUNT) could follow the trend these crypto giants set as it is currently smashing through its presale stage, raising $1 million.
This guide will examine these three tokens that have the potential to boost your portfolio. Let’s begin!
Budblockz (BLUNT)
The increasing legalization of marijuana has led to the rapid growth of the cannabis industry, with an estimated global market value of more than USD 240 Billion by 2030. However, it is still an industry where businesses struggle with many banking problems. This is where BudBlockz comes in.
BudBlockz is a growing cannabis industry community and will offer asset-backed NFTs in the space. The platform will facilitate transactions related to cannabis assets in the real world and virtual landscapes while allowing NFT shares for farms, dispensaries, and more.
Also, trading BLUNT tokens and other cryptocurrencies will support consumers, investors, and business owners who need a private but secure decentralized platform to sidestep the issues associated with banking, which is still considered a controversial industry.
The BLUNT token is essential to the development of BudBlockz. With the private sale selling out before closing time and the ongoing presale phase raising over one million dollars, BudBlockz is the must-have crypto.
Shiba Inu
Shiba Inu holds the record as one of the most profitable value increases in the crypto market. For example, if you purchased $10 of Shiba Inu at the beginning of 2021, you would have become a millionaire in October 2021.
Meme tokens are known for their volatility, and Shiba Inu is not different from the rest. With the 2022 market crash, Shiba Inu followed the rest of its meme coin compatriots and toppled in price.
However, something interesting is happening with Ethereum (ETH) whales since Shiba Inu’s price has stabilized.
The most profitable cryptocurrency to purchase by Ethereum whales is Shiba Inu. One Ethereum whale purchased SHIB worth 536 billion ahead of the Ethereum merge. Most Ethereum whales still retained their SHIB even when Shiba Inu’s price dipped below the support level.
Polygon (MATIC)
Polygon is making blockchains more scalable and less congested. Its Layer-II solutions are sidechains working on a bigger blockchain to enable users to process transactions faster. With layer-II solutions, the major network will process transactions at a fast and affordable rate. Also, this will bring an influx of transactions to the ecosystem.
Polygon protocol works like its geometric name. It means a shape with a finite number of sides. Similarly, the Polygon network has numerous shapes and sizes. Polygon is an add-on to the Ethereum technology and works to improve the network.
Polygon was formerly known as Matic, but it rebranded and changed its name while retaining its ticker (MATIC). MATIC is the governance, utility, and native token of the Polygon network.
In Summary
Historically, Shiba Inu (SHIB) and Polygon (MATIC) have provided huge profits for their holders, allowing them to boost their portfolios effectively. Budblockz (BLUNT) looks to replicate this success when it launches.
Learn more about BudBlockz (BLUNT) at the links below:
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Since its debut, one of the most eye-catching elements of the blockchain economy has been the abundance of investment options it gives users. More than 100 million people use crypto daily, and the number of people who invest in the sector is growing. There are already over 18,000 currencies available on the cryptocurrency market, giving users a wide variety of blockchain options. Big Eyes Coin (BIG), a relatively new cryptocurrency, is making waves in the market as a ground breaking project focusing on advancing the DeFi industry and safeguarding the marine habitat. As such, the BIG token is the primary means of exchange in the cryptocurrency markets. Meanwhile, Dogecoin (DOGE) and Shiba Inu (SHIB) are steadily but unquestionably dominating the
In 2022, blockchain projects have taken on dimensions far beyond anything predicted when Satoshi Nakamoto engineered Bitcoin (BTC) in 2008, changing the world forever.
While profitability and decentralised finance have been the critical aspects of most blockchain platforms and concepts for more than a decade now, some projects are trying to do something a bit different with their currencies, making money as they go.
Three of those coins are Dogeliens (DOGET), Shiba Inu (SHIB), and Apecoin (APE). While these are all for-profit ventures, the development teams behind them have gone to great lengths to make sure that their platforms are giving back to the world’s communities and offering a helping hand.
In this article, we’ll break down the charitable and philanthropic efforts of the above cryptocurrencies, and hopefully, put a smile on your face: blockchain projects aren’t always just about money. They can also be about making the world a better place.
Shiba Inu: Crypto Relief Giant
The meme coin Shiba Inu (SHIB) is responsible for the largest donation in cryptocurrency history. After the creation of the coin in August 2020, the platform burned 50% of its total token supply to a wallet belonging to Vitalik Buterin, one of the founders of Ethereum.
A portion of this gigantic amount of decentralised money was then gifted to the India Covid Crypto Relief Fund, representing by far the largest and most valuable donation of crypto to date. Currently, the value of the tokens donated is worth over $500M. On the day they were donated, they were worth much more, with an approximate value of more than $900M.
This extraordinary move was made to grant relief to the people of India, many of whom were ravaged by the COVID-19 pandemic and who were in desperate need of aid. The generosity of this donation can’t be overstated. Instead of pulling the tokens for his benefit, Buterin, with the support of Shiba Inu (SHIB) made the noble decision to give them away to help others.
The charitable efforts of Shiba Inu (SHIB) don’t stop there: the platform also uses the wealth it generates to rescue and protect Shiba Inu dogs. On the Amazon Smile web platform, a service that allows a portion of your amazon purchase to be gifted to a charity of your choice, you can select the Shiba Inu Rescue Association, a brainchild of the same team behind Shiba Inu (SHIB).
Monies raised from these sales will be used to fund shelters for Shiba Inus without owners, and protect these unique canines from being abandoned or abused.
ApeCoin: Saving their Namesake
The utility token ApeCoin (APE) is another cryptocurrency whose team has made specific efforts to do good while evolving its platform and ecosystem.
This token was heavily inspired by Yuga Labs’ Bored Ape Yacht Club series of NFTs, the focus of which are pictures of apes with various accessories and physical traits making them unique from one another.
Fittingly, the ApeCoin (APE) team have committed 10,000,000 tokens (or the equivalent in dollar value) to be donated to the Jane Goodall Legacy Foundation. This charitable foundation focuses on preserving the lives and rights of great apes, protecting biomes from destruction, and on community support in developing countries.
Great apes, as higher primates, are intelligent and sensitive beings, a fact all too easily forgotten by humans. Apes are intrinsically funny and loveable to us humans, no doubt in part because they resemble us so much. Despite our love of our simian cousins, who are so close to us genetically, it is a sad fact that the living spaces of these animals are being eroded.
It is excellent news that a blockchain project can help these endangered animals, and what coin would fit better than ApeCoin (APE)? True to their namesake, the team behind APE are going back to their roots by conserving the environments in which these majestic monkeys live.
Dogeliens: Community-Driven Charity
Last but not least, an honourable mention must go to the Metaverse-inspired Dogeliens (DOGET), a meme coin in its presale stage, which aims to take the GameFi sector by storm with an online gaming platform complete with NFT integration, play-to-earn mechanics, and partial community ownership.
The most impressive of this lineup of features is a dedicated 3% tax on transactions within its ecosystem. This amount of Dogeliens (DOGET) will be added to a dedicated charity wallet. Community members and token holders will then be able to vote each month to determine which charity this wallet will support.
In this way, the Dogeliens (DOGET) ecosystem will donate to different causes each month, and the more successful the token is, the higher the value of donations. This creates a virtuous cycle whereby community engagement and investment drive greater charitable gains.
Final Thoughts
Cryptocurrency and blockchain innovation in general can get a bad rap in mainstream journalistic circles. Much attention has been paid to the environmental impacts of crypto creation, mining, and operating blockchain networks.
However, as we’ve learned from the examples above, there is also great potential for good in both the cryptocurrency community and the platforms they subscribe to. Real money has been gifted to real people to provide relief to their communities, protect the world’s environment, and improve the rights and conditions of animals.
We can only guess what the future might bring, but with charitable giving becoming a powerful component of blockchain ecosystems, we might have a lot to look forward to.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Memes are popular on the internet because they provide a great deal of entertainment. Memes add another layer of fun to conversations and often help online users express themselves in ways that words cannot. On social media platforms, memes provide hilarity and add spice to the conversation.
Memes are traditionally considered visuals, thoughts, or catchphrases. Those quirky, strangely put-together words that bring a smile to your face can now do much more. They have evolved to incorporate complicated structures, like challenges, GIFs, and even viral phenomena.
Thanks to their ability to spread across the world in seconds, the first meme coin was created. Dogecoin (DOGE), the first meme coin, was created as a joke about a popular online meme that was trending at the time. However, the coin struck the right nerves by luck or fluke and birthed a whole new sector in the crypto market.
With the advent of meme coins, many projects made their debut and introduced other coins to the market. The meme coin sector is now saturated with many projects vying for attention. Many meme coins are revolutionizing the crypto game with their exciting innovations. Shiba Inu (SHIB) and Rocketize Token (JATO) are two coins that are bringing new features to the crypto game.
Shiba Inu – The Doge Killer
Shiba Inu (SHIB) made its first appearance in August 2020. The coin, which was created by an anonymous developer only known as ‘Ryoshi’, strategically placed itself as another dog-themed alternative to Dogecoin (DOGE). Shiba Inu (SHIB) soon shot to the top of the charts by stoking the fires of rivalry, becoming a household name for many crypto investors.
The coin is currently the second most prominent meme coin in the market. With its nickname ‘Dogecoin Killer,’ Shiba Inu (SHIB) didn’t hide its agenda of coming after the top meme coin. The coin might have been at the top of the charts for a long time, but it has no intention of leaving its position.
Shiba Inu (SHIB) recently released Shiba Eternity, a video game on all platforms. Although the game was only just released, it has already recorded over one hundred thousand downloads on Android with over ten thousand reviews.
The game might not be the first to be released by the meme coin’s team, but it certainly is one of the most complicated card games. With the increased acceptance of the Shiba Eternity game, the coin has grown in both value and community holders.
Rocketize Token is shooting for the Moon
Rocketize Token (JATO) might be a new meme coin, but it is a futuristic coin with the vision of a unique tomorrow. The coin has a thriving community of crypto users known as The Atomic Nation. Rocketize Token (JATO) is a unique coin dedicated to promoting the arts, which is important to its community.
The coin seeks to create a conducive atmosphere for its users to think creatively and craft distinctive designs. The platform is dedicated to empowering content producers and artists to find refuge with new business models that might exploit the immense possibilities of NFTs and micro-transaction applications in the cryptocurrency market. The platform also intends to develop a groundbreaking crowdfunding program for its community.
Crypto traders who choose to put their money in the token shall receive a share of the fee generated on the ecosystem’s transactions. This is a smart way of ensuring that the traders will have something to fall back on even during a bear market. Traders typically choose entertaining projects during a crypto winter to support themselves. Rocketize Token (JATO) has already planned for its users and is creating a perfect place to put their money.
For more information on Rocketize (JATO), please visit the following links:
