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- Cryptocurrencies
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ETH whales play a crucial role in the cryptocurrency world. Because along with government regulations, investing cycles, and more, the activity of ETH whales also adversely affects cryptocurrencies. Mostly, Eth whales have been on the headlines since the crypto market collapsed. Crypto investors are getting attracted to top cryptocurrencies. Lately, meme coins have become popular. The first one was invented nine years ago, and new ones just keep coming up. To help you familiarize yourself with the new meme coins you can choose from. Even though SHIB is not the example of an ideal profitable cryptocurrency, its recent initiatives have certainly made it quite alluring for ETH whales. Nevertheless, Shiba Inu is not the only cryptocurrency that whales are interested in. This article features the top 10 memecoins that ETH whales are relying on during the crypto downtrend.
As mentioned above, Shiba Inu is one of the top preferences of the wealthiest Ethereum whales. As of May 2022, the top 100 Eth whales held Shiba Inu, which has directly affected its popularity and growth. SHIB was the most viewed token in 2021, beating major cryptocurrencies like Bitcoin and Ethereum. The crypto's metaverse initiatives have been quite commended by the investment community as it continues to pose serious threats to the likes of Dogecoin and Solana.
Dogecoin was the leading meme coin that started a small revolution in the crypto world. It was launched as an experiment back in 2013. The reason why it has a dog on it is that Jackson Palmer figured that most people love dogs, and it could easily bring popularity to it. The value of Dogecoin is on the rise, which is why most investors choose it to invest. It is expected that its value will rise to US$0.98 by 2030. This is why it's a good idea to invest while its price is low, so you can expect some decent gains shortly.
The community-driven meme coin aspires to revitalize the crypto world by creating and organizing activities that will make everyone feel good. Mehracki intends to design a system where active MKI token holders will control the platform. All token holders and users will be able to send their proposals for amendments they wish to be made on the Mehracki platform.
Dogelon Mars is one of the canine currencies that received a rapid influx of investments due to the virality of Dogecoin (DOGE) and Shiba Inu (SHIB). Anything resembling those leading cryptocurrencies began receiving a lot of attention. This was due to a significant social influence. One of the most prominent crypto influencers in the known universe, Elon Musk was among those discussing cryptocurrency. As may be evident by the shorthand of Dogelon Mars (ELON), he has become an icon to the canine crypto communities.
Floki Inu is a dog-themed meme coin, calling itself not a meme coin but "a movement." It's a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk's Shiba Inu. The community calls itself the "Floki Vikings" in honor of Floki (Musk's dog) was named after a Viking character. Floki Inu vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush's social engagement leaderboards.
GamingDoge is one of the meme coins inspired by the success of DOGE that aims to be more than just a meme currency. The coin brings together DOGE enthusiasts and gamers. The founders of the coin want to develop an ecosystem that includes an exchange, an NFT marketplace, and NFT Games as a one-stop solution for gamers and eventually grow into the largest community in the crypto world. It is the ultimate companion and only wants to make the Doge community and Gamers proud.
Kishu Inu is a dog-based meme cryptocurrency that has selected the 'Kishu' dog breed as its mascot for its brand. The creators of KISHU do not hide that they were inspired by Dogecoin (DOGE), which was launched in 2013 and has since gained worldwide success and popularity. The mission of Kishu Inu is to take meme coins to another level. The team aims to turn the project into something more than just a meme or a joke, and most importantly, to empower the KISHU token with the qualities of a real long-standing currency.
Gamerse is the LFG ("Looking for groups") platform for the entire NFT gaming industry, and we will be around for gamers of all shades and hues, no matter which title holds the #1 spot. As a social platform, Gamerse united gamers in a single, fun community, constantly adapting to the newest and most viral trends. Gamerse is creating the first-ever NFT Gaming Social Ecosystem allowing gamers to explore popular NFT games aggregated and brought together in a single social marketplace.
Hoge Finance is a community-driven decentralized finance (Defi) token with a deflationary supply. It is one of the select few meme coins that completed the Certik audit. No issues were found during the audit. Hence, it's one of the few meme tokens with some fundamental stability.
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition, and Burn. SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps. With the SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have.
