[Blockchain Today Reporter Jang Myeong-gwan] With the combination of the Bitcoin halving and the effects of Doge Day, the cryptocurrency market has begun to regain vitality. The rise of meme coins is noticeable, and major meme coins such as Dogecoin and Shivanu also rose by 1.8% and 2.5%, respectively, the previous day.
This article looks at five promising meme coins that investors should look into amid the meme coin craze.
◆Degen (DEGEN)
Degen started out as a joke reward token paid to coin investors, but has now grown into one of the most talked about memecoin ecosystems. Degen tokens, which are currently trading at $0.02306, are up 23.35% compared to a week ago, confirming the high level of interest from investors.
Degen started by airdropping 15% of the total token supply to developers and traders and quickly achieved a market capitalization of $200 million. Since then, Degen has become more than just another meme coin and has taken on the role of “fuel” for the Degen chain.
Degen Chain is a base-based layer 3 blockchain that aims to become a representative hub for the launch of new meme coins. If adoption of DeGEN Chain expands in the future, the value of DEGEN Coin is likely to rise as well.
◆Book of Meme (BOME)
Book of Memes is also a promising meme coin worth considering now. BOME Coin is based on the Solana Chain and seeks to capture the history of Internet memes on the blockchain through decentralized storage.
Book of Memes implemented this by constantly updating a “meme magazine” powered by the native token BOME. The development team's vision attracted the attention of many investors, and as a result, BOME's market capitalization at one point exceeded $1.4 billion.
The current BOME price is $0.01082, up 1.55% from 24 hours ago.
◆Dogeverse Dogeverse (DOGEVERSE)
Dojiverse is the world's first memecoin that supports multi-chain and supports six major chains including Ethereum, Binance Smart Chain, Polygon, Solana, Avalanche, and Base. Unlike single-chain MEMCOIN, DOGEVERSE token holders can freely swap DOGEVERSE tokens between multiple blockchains.
Regardless of whether you value security, speed, or fees, you can choose the appropriate blockchain, and all is possible thanks to bridge technology such as wormholes.
Dodge Bus pre-sales have already raised more than $9 million. Its popularity continues after receiving an investment of $250,000 on the first day of pre-sale. Dojiverse supports the staking function from the pre-sale stage, and the maximum token supply is 200 billion.
◆MOG MOG Coin (MOG)
The fourth meme coin to be introduced is Mog Coin. MOG, an ERC-20 token, pumped 30% yesterday, recording $7.8 million in trading volume. It is currently trading at $0.0000005808, a slight retreat.
MOG describes itself as “the Internet’s first culture coin.” Mog Coin seeks to form a “band of memecoin warriors” united by a love for memes and viral content.
Although it has not yet reached the stage of a famous meme coin, the momentum it has shown recently is noteworthy.
◆Slothana (SLOTH)
The last meme coin to be introduced is Slosana Coin. SLOTH is a Solana meme coin inspired by the sloth character and is showing great popularity ahead of DEX listing.
The representative character is a tired office worker, a sloth, who resonated with many investors. The SLOTH presale raised more than $10 million in just a few weeks.
Slosana's investment method is also simple, befitting the memecoin theme. When an investor sends SOL to the designated address, tokens will be airdropped to the investor's wallet at the rate of 10,000 SLOTH per 1 SOL. The airdrop will take place after pre-sale ends on April 29.
SLOTH is a project that has received more attention as it has been evaluated positively by overseas coin YouTubers such as Clave and Crypto Gains.
info@blockchaintoday.co.kr
*Disclaimer: This article is for investment reference only and we are not responsible for any investment losses based on it. The content should be construed for informational purposes only.
