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Anarchy (ANA) is generating quite a buzz lately, as the new memecoin continues to draw investors from its rival meme coins. Shiba Inu (SHIB) has been a silent observer for the past few weeks as the platform's investors continuously flock to Anarchy (ANA) presale.
The newbie meme project has raised over $1.2 million from its presale, and it's raring to go further. With Shiba Inu's (SHIB) Shibarium launching next month, many investors are waiting to decide if they should keep holding SHIB or jump on the ANA train.
Keep reading to learn more!
Without a doubt, Shiba Inu's (SHIB) success in 2021 was the talk of the famous bull run, as the token registered massive profits for its investors, and it looked to be the star of the meme sector in no time. But lack of utilities and poor management led to the token's decline, which now values 90% below its peak price in 2021. Several experts have pointed out scenarios where it could get to the one-cent value, but each seems more unlikely than the last.
Shiba Inu (SHIB) has been quiet in the face of meme coin drama this past month, as its token didn't register any noteworthy spike. But after the announcement of the Shibarium launch in August, whale movements commenced, as large investors started accumulating their profits in anticipation of the project launch.
Will Shibarium's launch pose a significant threat to Anarchy's presale? No. The expected profits on Anarchy could well be something of a lifetime big break, according to crypto analysts, and Shibarium's still unsure of bringing a significant price spike to the Shiba Inu platform.
According to Motley Fool, the coin is highly unlikely to make it to one-cent, ever, as the report cited several issues with SHIB's prospects.
That leaves Anarchy (ANA) with little to deal with. Let's have some of its outstanding features.
It's pretty surprising to find a meme coin offering utility, and that too with memes. Memes are a good laugh occasionally, but Anarchy's (ANA) changed what they stand for in the cryptocurrency market.
Anarchy's (ANA) central project is to fight the system by calling out government corruption and criticizing them with its memes. The memes are to inspire change in the system, even as they offer humor alongside. Keeping a steady stream of memes serving both purposes could be tedious, but you'll have to trust Anarchy (ANA) on this.
There's more to the meme token too.
Anarchy's (ANA) brings a new approach to meme usage, and many investors can see its opportunities. The token will soon have an extensive reach, bringing a steady stream of users to crypto projects.
It's common to find meme coins launching with burn mechanisms to help reduce their total token supply. The Anarchy token has its burn mechanism to burn 0.5% of every transaction, thus reducing the available supply, preserving the coin's value, and promoting Anarchy's (ANA) longevity.
Anarchy's (ANA) launch on Ethereum allows the meme project to benefit from the primary security on Ethereum's blockchain. That caters to traders and transactions on the platform. As for the DAO treasury, which will fund DAO projects and charity donations, the Gnosis Safe protocol has been incorporated to secure the funds and prevent external access.
That's what Anarchy's about! Spreading the profits and ensuring everyone involved gets a share. Crypto big guns are targeting the coin for big bags this year, but here's the catch: early investors get the most.
Don't miss out on this opportunity of a lifetime, Buy ANA today!
