Cryptocurrency has paved the way for many types of tokens such as utility tokens, gaming tokens and decentralised finance tokens just to name a few. However, there is a certain type of token that manages to keep crypto investors’ interest through their unique methodologies, and those are meme tokens. Meme coins came into existence in 2013, just four years after cryptocurrency became an entity with Bitcoin setting the premise in 2009.
Dogecoin (DOGE) is considered to be the first meme coin, with its initial intention being to ridicule the wild speculation that occurred in the crypto market. However, a community developed around DOGE rapidly, making others pay attention to how feasible meme coins can be. This article will explore three meme coins that have good hype behind them and for good reason: RoboApe (RBA),Decentraland (MANA), and Shiba Inu (SHIB).
RoboApe (RBA) is an upcoming meme coin that aims to address economic shackles, which will enable growth through its sustainable community development and rewarding culture. The blockchain network describes itself as a meme token poised to revolutionise the crypto space with a diverse set of services built for the community. The RBA token has four distinct features: an NFT marketplace, Esports, decentralised autonomous organisation (DAO) and hodling.
RBA’s NFT marketplace allows token holders to purchase, distribute, trade and mint NFTs. This marketplace also charges an RBA gas fee for minting new NFT tokens. The RoboApe Esports platform is designed to allow token holders to make money through gaming – addressing the lack of player transparency and player incentives by having secure RBA crypto coin payments. Currently in its presale phase with an initial price of $0.006173 for one token – RoboApe has huge potential to be the next meme coin to take the crypto market by surprise.
Decentraland (MANA) describes itself as a virtual reality platform that permits users to construct and monetise applications and content. MANA is run under the Ethereum blockchain using two tokens: MANA and LAND. It was founded in 2017 following a $24 million initial coin offering (ICO). The founders are Esteban Ordano and Ariel Meilich – who have now both stepped down from their top positions at the blockchain but still operate as advisors.
The platform is built primarily for creatives, businesses and individuals who are searching for a source of entertainment, new artistic works and a potential business opportunity. What makes Decentraland unique is the fact that it is one of the growing projects which uses a decentralised autonomous organisation (DAO) structure for governance decisions. With a solid ranking of thirty-third on CoinMarketCap at the time of writing, people can have high trust in investing in MANA.
Shiba Inu (SHIB) is an extremely unique meme coin based on a real dog of the same name. It proclaims itself to be the “Dogecoin Killer” due to its distinctive charm that has attracted many individuals towards it. Similarly to Bitcoin, Shiba Inu was founded by an anonymous figure who goes by the alias ‘Ryoshi’, who has publicly stated how their identity is irrelevant and if discovered, would be underwhelming.
According to their website, Ryoshi had stored 50% of Uniswap and burned the other half to Ethereum co-founder Vitalik Buterin for safekeeping. Ever since, Vitalik Buterin has had a huge impact on Shiba Inu by utilising the currency in the largest crypto donation – which was made to India to help revert the spread of COVID-19. Next, Vitalik Buterin burned 40% of SHIB’s total supply to an inactive wallet to ensure the stability and success of the blockchain network. Currently being ranked as one of the most profitable meme coins, Shiba Inu is a meme coin to pay attention to.
Meme coins are continuing to gain popularity as blockchain technology continues to develop. An upcoming coin like RoboApe (RBA) is expected to rise in popularity and value due to the multitude of unique features that they have. Furthermore, Decentraland and Shiba Inu are continuing to thrive due to targeting a niche market in crypto. If you are looking for viable meme coins, these three tokens are the ones to focus on.
More information on RoboApe (RBA):
Website: https://roboape.io/en
Presale Registration: https://ape.roboape.io/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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