What should expect meme coin holders in the crypto era? The concept of meme crypto is quite interesting for both crypto enthusiasts and average users of modern technologies.
This market was started in 2013 with the introduction of Dogecoin (DOGE), inspired by mainstream memes of that period.
Seven years later, the crypto market saw one more successful meme project called Shiba Inu.
There was a time when the community thought SHIB was going to outperform DOGE in terms of popularity when its price grew by 48,000,000% over the first year in the market.
What’s interesting is that in 2022 many Dogecoin and Shiba Inu holders started considering investing in a newly introduced project called Big Eye Coin (BIG).
We should admire that the project’s kick-off was quite successful, as it has already managed to raise around $17.5 million during the presale.
What should meme coin holders expect from 2023, considering the well-established reputations of DOGE and SHIB and the potential success of the newly emerging coins? Let’s find out the answer.
What are the prospects of BIG?
The developers of Big Eye Coin made a very wise move when they started establishing good relationships with its community.
They promised to introduce a project that will make DeFi easily accessible to everyone and introduced a clear piece of evidence of how they are going to achieve this.
Big Eyes Coin is also expected to succeed thanks to the introduction of its own NFT collections.
According to the roadmap of the project, the release of this collection is the third stage of the ecosystem launch.
Some specialists predict that the NFT collection will add a lot of utility to the platform, which might make it one of the most demanded NFT projects in 2023.
The Big Eyes Coin team has also come up with quite an interesting marketing strategy for their project.
Except for advertising it on social media among cryptocurrency enthusiasts, they are going to release comic books representing the history of their mascot and the principles of the platform.
Such a move can heavily increase the audience of the project attracting people from beyond.
Will Dogecoin be a buy for 2023?
As mentioned before, DOGE was the first meme cryptocurrency ever developed.
We should be grateful to Billy Markus and Jackson Palmer for this idea.
However, we are not sure whether they turned this joke into one of the most successful crypto projects intentionally.
What’s curious is that Dogecoin didn’t lose its popularity since 2013.
It’s a real cryptocurrency giant, standing in 9th place on the best cryptos list by market capitalization.
As of the date of writing, its total market cap is exceeding $11.7 billion, which helps the coin to hold undisputed leadership in the segment of meme coins.
Also, DOGE has one of the most influential fans in the digital industry – Elon Musk.
Thus, if you consider investing in any of the meme coins, DOGE should definitely be added to your investment portfolio.
Can Shiba Inu become a DOGE killer?
After the launch of Shiba Inu, it became a spectacular sensation.
The growth of the token over the first year after its introduction to the market made many crypto enthusiasts think that SHIB had the potential to become better than its predecessor.
Besides, the SHIB team managed to develop an entire ecosystem offering much bigger utility than what was offered by Dogecoin before.
Currently, Shiba Inu is the 14th-biggest cryptocurrency by market capitalization with a total value of more than $6 billion.
The ecosystem is constantly growing, which is a great stimulation factor for the SHIB token’s price growth.
In 2023, Shiba Inu is expected to launch its layer-2 blockchain, which will provoke one more boost for the token’s supply.
One more meme coin to consider in 2023
One more meme coin you should consider in 2023 is also inspired by Dog memes.
It’s called Bonk (BONK). Bonk was airdropped on December 25, and it managed to become a popular token among Solana users quite quickly.
As a result, at the first few hours after its introduction, the BONK coin faced extreme buying pressure.
Currently, we cannot say that Bonk will gain value in 2023 for sure – nothing can be predicted in the segment of meme coins.
Nevertheless, initial returns in January 2023 are promising for investors.
As of the date of writing, it’s valued at around $0.0000009722.
Final Thoughts
Hope now you can guess what can expect meme coin holders from this crypto era.
It’s impossible to make reliable predictions regarding the performance of meme coins.
Dogecoin and Shiba Inu are the most reliable product in this segment.
These are the biggest meme coins, although you might consider other options mentioned in this review – Big Eye Coin and Bonk.
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