2023 The Year Of Meme Coins: Dogecoin, Shiba Inu, and Rocketize

2023 The Year Of Meme Coins: Dogecoin, Shiba Inu, and Rocketize

The crypto market is made up of various sectors, but one of the most popular ones includes meme coins. This sector of the market has blown up over recent years due to the online hype that surrounds meme coins. The concept of meme coins came from Dogecoin (DOGE), the very first meme coin. A meme coin is a cryptocurrency that has been created based on an online meme and they tend to become popular due to their online communities. Any cryptocurrency can find overnight success, however, it is more likely with meme coins. Dogecoin and Shiba Inu (SHIB) are prime examples of this, and with the new meme coin, Rocketize (JATO) launching soon, it seems as if it has the potential to do the same.

Dogecoin Still On The Rise After A Decade

Dogecoin launched almost ten years ago in 2023 as a joke. At the time, the idea of cryptocurrency was a strange concept to many and Dogecoin was created to poke fun at the idea of it. It based itself on the Doge meme which was based on a Japanese Shiba Inu dog. However, it soon became popular and became successful as crypto continued to evolve.

At the time of writing, DOGE is ranked 8th by market capitalisation as it continues to grow as a cryptocurrency. Meme coins are known to be heavily community focused which is one of the main reasons why meme coins can become successful overnight. Many online communities have FOMO (fear of missing out) and quickly jump onto meme coins before they reach their peak.

Shiba Inu The Second-Largest Meme Coin

Shiba Inu is Dogecoin's biggest competitor and was influenced heavily by DOGE. Following the Shiba Inu dog theme, SHIB has managed to reach similar levels of success during its time in the market.

At the time of writing, SHIB is currently ranked 13th by market capitalisation and is continuing to rise. 2022 has been a rough year for the general crypto market, but Shiba Inu has managed to maintain its success and popularity during this time.

Rocketize To Skyrocket After Its Launch

Rocketize is a new meme coin that is set to launch in 2023. Aiming to stand out in a community full of dog-themed meme coins, Rocketize takes a different approach with an intergalactic space theme.

Additionally, Rocketize focuses on being a DeFi crypto project as well as a meme coin. With a vision to reimagine the way society operates by utilising non-traditional structures in both DeFi and DAOs, Rocketize aims to help shape the future of finance.

As a traditional meme coin, Rocketize puts its community first. In society today, memes represent a new way of interconnecting society, bringing users together.

Additionally, Rocketize aims to include NFTs as part of its platform as NFTs have become big in the crypto world. With the majority of users taking an interest in NFTs, this will be a useful feature for Rocketize to help gather a strong community of users.

Learn more about Rocketize here:

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