Insights Trends Can You Launch a Coin on Cuteness Appeal Alone?

Can You Launch a Coin on Cuteness Appeal Alone?

April 28, 2023 Trends

The term altcoin or even ‘memecoin’ is popularly used to describe trending and popular cryptocurrency tokens that offer huge growth potential, regardless of their utility.

For an exhaustive list of Altcoins, check out our Cryptopedia. If you want to trade altcoins, visit the Markets section of BITmarkets web. For new listings of altcoins on our exchange recently, read all about it in our blog.

Here are some memecoins which have taken the crypto world by storm:

Dogecoin is the original and the biggest memecoin. DOGE still has a market cap of more than $10 billion but its price has come down considerably since its 2021 peak.

Officially, Dogecoin is an open-source peer-to-peer digital currency, favored by Shiba Inus worldwide. It is also an opensource peer-to-peer cryptocurrency that utilizes blockchain technology. At its heart, Dogecoin is the accidental crypto movement that makes people smile! The ethos of Dogecoin is summarized in the Dogecoin Manifesto.

ApeCoin is a memecoin that powers the prestigious Bored Ape NFT universe, with huge staking rewards.

Shiba Inu is a popular memecoin similar to Dogecoin arguably with much more utility than its top rival. The coin has reached a market cap of $5 billion and had a strong start to 2023. Its project aims of building a decentralized community via constructing a vibrant ecosystem built around DeFi, art, community & more.

ShibaSwap is a de-centralized exchange that will be launched as part of the SHIB ecosystem. SHIB is the utility token of the SHIBA INU platform that will be used as an incentive for using ShibaSwap.

Floki Inu is yet another attempt to piggyback off of Dogecoin’s success. It ranks among top five memecoins by market cap and boasts increased utility over some meme coins. The coin has had a very strong 2023, rising more than 300%.

Capy Bara according to its creators is the most peaceful animal in the world sit back and hold. Capybara has come to Solana blockchain, blessing everyone!

RobotEra is an emerging Metaverse memecoin. Do you believe in it?

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