There is consensus, there is a narrative, there is Musk, and after the ambush, just wait to catch the wealth.
黑白7 00AM
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What is the relationship between Bitcoin and Ethereum?
Bitcoin and Ethereum are both cryptocurrencies based on blockchain technology, but they serve different purposes: Bitcoin: As a peer-to-peer electronic cash system, it aims to replace traditional currency and provide a decentralized payment method. It has a fixed supply (21 million coins) and is often regarded as digital gold.
Ethereum (ETH): Is a cryptocurrency that runs on the Ethereum platform, which supports smart contracts and decentralized applications (DApps). Its primary function is to provide developers with the infrastructure to build complex applications. Both use decentralized networks, but Ethereum focuses more on application development and smart contract execution, while Bitcoin focuses on being a secure store of value and medium of exchange.
Now let's look at the relationship between the meme coins Doge and Marvin?
Doge and Marvin are both meme coins influenced by Elon Musk, but they each have their own characteristics:
Dogecoin (DOGE): Started in 2013 as a joke project, its logo is a Shiba Inu. It has a loyal community and is used for tipping, charity, and more. Musk has supported it multiple times, which has increased its visibility and value.
Marvin: A new meme coin launched on Ethereum in September 2024, created to commemorate Musk's beloved dog. It incorporates charitable elements, such as rescue efforts for stray dogs, to enhance community support and has introduced a unique dividend-based NFT to enjoy community benefits. Both rely on social media and community support, but there are some differences in their history and market status. Doge is more mature and well-known, being the famous Dog King. Marvin is a newer project but is currently one of the most promising dogs in the primary market, with Elon Musk even giving Marvin a prominent role during Christmas 2024, clearly surpassing Floki in status.
So compared to the two dog coins, #Marvin has Musk’s strong narrative, with a market cap of only 7 million, and currently only listed on the MEXC exchange, the potential for growth is definitely greater, while Doge has a market cap of 56 billion. We can estimate that if Marvin reaches half of its value at 23 billion, how many times can a 100 dollar investment grow? Those good at math, let me know in the comments 😏
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