🤡What is Memecoin? Popular memecoins
👻Memecoins are cryptocurrencies created from memes or jokes on the Internet and social networks. Memecoin often tends to fluctuate greatly and is strongly influenced by the community. They often have a huge or unlimited supply.
🙈Dogecoin (DOGE) was inspired by a meme about the Shiba Inu dog and was created as an entertainment cryptocurrency, aiming to attract community interest. As a fork of Litecoin (LTC), DOGE applies Proof of Work (POW) mechanism and has no limit on supply.
🎃Shiba Inu (SHIB) is DOGE's opponent and is known as the "Dogecoin killer". SHIB's name is based on a Japanese dog breed. Unlike DOGE, SHIB's supply is limited to 1 million million tokens, of which 50% was burned and donated to charity.
🦄Dogelon Mars (ELON) closely follows the doggy token duo in terms of popularity. ELON is named after Elon Musk, is a fork of Dogecoin and has a circulating supply of 557,000 billion tokens. ELON has increased more than 3,780% since its launch in April 2021.
🐷AKITA is strongly inspired by DOGE and was launched on Uniswap as an ERC-20 token in February 2021, with an encryption system not much different from SHIB.
🐻Samoyedcoin (SAMO) is a dog memecoin project built on the Solana blockchain. At launch, 13% of SAMO's supply was distributed to members of the community.
