Cryptocurrency

Meme Coins That Could Make You A Millionaire In 2023: Dogecoin, Shiba Inu and Dogetti

Written By : IndustryTrends

Meme coins have emerged as a popular category of digital currencies with billion-dollar market caps. In particular, Dogecoin (DOGE) and Shiba Inu (SHIB) have gained a lot of attention from crypto investors and enthusiasts, with both coins having millions of holders and billions of dollars in market cap. These meme coins are often based on popular internet memes, offering a new way for investors to speculate on the market. The new meme coin Dogetti (DETI)'s successful presale can vouch for the growing popularity of the meme coins in the altcoin arena. With the altcoin season just around the corner these three meme coins can promise brilliant prospects for crypto enthusiasts.

Dogecoin: The Original Meme Coin

Dogecoin (DOGE), which has been around since 2013, is the most well-known meme coin with a market capitalization of $20 billion and over 6 million holders. Its popularity has been boosted by endorsements from celebrities like Elon Musk, who is known for his love of meme culture and often tweets memes that affect the value of Dogecoin and other meme coins. Recently, Musk changed the logo of Twitter to the Shiba Inu dog, which caused the value of Dogecoin to surge by 30%.

Shiba Inu: The "Dogekiller"

Shiba Inu (SHIB), a meme coin that emerged as a competitor to Dogecoin, has rapidly gained popularity among investors and is also referred to as the "Dogecoin killer". It has a market capitalization of over $8 billion and over 2 million holders.

Shiba Inu's developers are working on a metaverse game where users can spend their tokens, as well as a Layer 2 scaling solution called Shibarium that could potentially transform it into a blockchain for gaming and Web3. However, some experts are sceptical of these claims, with the new metaverse world appearing to be a desperate attempt to burn a large number of the nearly 589 trillion Shiba Inu tokens currently in circulation.

The Fun Mafia World Of Dogetti

Dogetti (DETI) is the latest meme-based altcoin that uses language traditionally associated with organised crime families to create a sense of loyalty and fraternity among its members. It sets itself apart from other projects and becomes an attractive investment option for those who desire a closer-knit and more family-oriented cryptocurrency community by using a distinctive approach.

Dogetti achieves this by using crime family tropes to add a lighthearted and fun element to its branding while reinforcing the importance of loyalty and familial ties. The project's ecosystem is structured in a way that incentivizes token holders to remain loyal to the project, with a transaction tax rate of 6% distributed in three ways. Two percent goes to DETI token holders, another 2% to a charitable cause of the community's choosing, and the remaining portion allocated to liquidity and token burning. This approach ensures that a portion of investors' funds goes towards causes that are important to them while also incentivizing them to remain loyal to the project.

It can easily be said that meme coins have taken the crypto world by storm, with Dogecoin, Shiba Inu, and Dogetti being among the most popular and successful meme coins in the market. These coins have millions of holders and billions of dollars in market cap, and they offer a unique way for investors to speculate on the market. While some are sceptical of the long-term viability of meme coins, their popularity shows no signs of slowing down anytime soon.

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