cryptocurrency is slowly but surely gaining mainstream acceptance. More and more people are actively involved in the industry, and popularity is at an all-time high. The promise of fast, transparent, anonymous and accessible transaction services on a global scale is what makes crypto so attractive. It wouldn’t be far-fetched to say that crypto could completely replace its fiat currency counterparts in the not too distant future.
New cryptocurrencies are emerging with each passing day, and understandably so, as no one wants to miss out on the endless opportunities they offer. Meme coins in particular are gaining more attention for a number of reasons. A closer look is needed to understand meme coins and everything they contain, and what better way to do that than by taking a look at Shiba Inu (SHIB), Baby Dogecoin (BabyDoge) and RoboApe (RBA), three of the best meme coins on the market.
Shiba Inu (SHIB)
Not long ago, a person known only by the alias “Ryoshi” which means “fisherman” posed a question to the crypto community. “What would happen if a cryptocurrency project was 100% community driven?” Ryoshi wanted to conduct an experiment in decentralized community building, a project completely isolated from rigid social structures and traditional ways of thinking, free to explore new ways of Discover problem solving, communication and collaboration. The experiment bore fruit, a top 20 cryptocurrency by market cap governed by an ever-growing community of like-minded people.
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is many things. It’s the answer to Ryoshi’s question, the main competitor to the original meme coin Dogecoin (DOGE) and one of the crypto market’s biggest and most popular meme assets. It is an ERC-20 token running on the Ethereum (ETH) blockchain and a pioneer of the recent meme coin uprising. Meme coins are cryptocurrencies based on popular internet memes and events championed by crypto influencers like Elon Musk.
The project’s native token, SHIB, is available on both centralized and decentralized exchanges (DEXs) where it can be bought, traded, or exchanged for other cryptos.
Baby Doge Coin (BabyDoge)
When Elon Musk, the Dogefather commonly referred to in the crypto community, tweeted about Baby Doge Coin (BabyDoge), the token’s price surged by 130%. The crypto was only 22 days old at the time and received widespread attention from the tweet. Just looking at the name of this crypto would force one to conclude that it is just a knock of Dogecoin (DOGE), but is it? Let’s find out below.
What is Baby Doge Coin?
Baby Doge Coin (BabyDoge) is a BEP-20 token running on the Binance Smart Chain (BSC) network. It is a token designed to enable faster transactions and promote crypto awareness. Although Baby Doge Coin (BabyDoge) was coined after the popular meme asset Dogecoin (DOGE), it is quite different and shares more similarities with another meme asset, Shiba Inu (SHIB). For example, Baby Doge Coin (BabyDoge) runs on a different blockchain network, as opposed to Dogecoin (DOGE), which runs on its own designated chain.
Baby Doge Coin (BabyDoge) is still a relatively new asset, but its future is already looking bright. Its developers say the token “learned a few tricks and lessons from his meme dad Doge” and “wants to impress his dad by showing off his new improved transaction speeds and lovability.” We will certainly see more of this in the years to come.
RoboApe (RBA)
A meme token designed to tackle economic shackles and fuel growth is unknown in the crypto space, but what if such a project actually exists?
What is RoboApe (RBA)?
The RoboApe (RBA) project is a unique project that aims to forever redefine the Decentralized Finance (DeFi) ecosystem through a variety of services designed specifically for its community of creators and developers. Using the RoboApe (RBA) platform, developers could create smart contracts and develop decentralized applications (dApps). There is so much to look forward to and with the project’s native token, RBA, currently on pre-sale, interested individuals have the opportunity to participate in the experience. To do this, use the link below.
Join the presale: presale.roboape.io/register
Website: roboape.io
Instagram: https://www.instagram.com/roboape.token
Twitter: https://twitter.com/ROBOAPE_TOKEN
Telegram: https://t.me/ROBOAPE_OFFICIAL
Exploring the World of Meme Coins with Shiba Inu (SHIB), Baby Doge Coin (BabyDoge), and RoboApe (RBA) post appeared first on .
Original source: https://www.analyticsinsight.net/exploring-the-world-of-meme-coins-with-shiba-inu-shi…
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