mem coin

Hello friend it's lovely dropping another awesome content that would interest you all, today I want to talk about meme coins. If are familiar with crypto market you would be familiar with the term meme coins. Meme coins are very powerful and influential types of crypto currencies cryptocurrency ecosystem.

These crypto assets, which was initially inspired by the famous internet memes and now very important player of the crypto market. This asset have gained popularity over a short period of time because of how volatile they could be.

Because of their volatility they could
turn anyone into a billionaire in a very short period of time and at the same time they could turn any billionaire into a church rat at a very short word of time depending on the movement of the market at that period in which the trade is placed

Unlike other cryptocurrencies and blockchain technology which way created to solve technical issues like for example STEEM blockchain was developed to help decentralized the social media platforms on the internet why troll was developed to help facilitate can a house the speed and easiness of developing smart contact for every centralized application on the internet.

Some cryptocurrencies were built to help facilitate the transfer of currencies and asset across borders. The meme coins when inspired from internet famous jokes for example the logo of Pepe meme coin was inspired from a famous funny social media sticker.

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Over here in Nigeria the people knows this sticker as a sign of Vawlence, which means attacking people just to catch fun with them, also it used whenever anything surprised is seen or posted on the internet just as a source of comedy in viewers..

Although cryptocurrencies are not to be very volatile, the volatility of a meme coin is known to be very high and very very profitable especially if it goes your way, as much as it could be very profitable it is also known to be a very deadly trap to enter if he predict wrongly because you could lose a lot of money at a very short period of time

There are so many meme coins but Shiba Inu, Dodge and PEPE are the most famous, this because they are turned out to be very successful project because the generated a lot of income today first holders and it value increase rapidly at a very short period of time that is made billionaire in a short period of time.

The Dogecoin, originally was originally designed in 2013 by some smart and crazy minded software engineers Billy Markus and Jackson Palmer, who was inspired by th famous Friendly looking internet meme.

Unlike other assets that has a limited amount that could be produced at any period of time, coins like dogecoin have no limited amount of Dodge that could repeated at any period of time and this is one of the core reasons why it could be very for that when it's needed.

In May 6th 2015 Doge coin was sold at $0.0000869 with was one of its lowest value, and at it's peak which was in May 2021 Doge coin then hit its all time high price of about $0.7316 per dodge

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