Crypto 101: Popular meme coins aside from Dogecoin

The crypto market became a huge part of a lot of people’s lives, especially with technological advancements. Among these are crypto which is known as the ‘meme’ coin which is regarded as some of the most profitable digital assets. 

If you’re a crypto user, then you should definitely go for meme coins crypto because they have a huge following and can give you a lot of potential to earn huge profits. Coins like Dogecoin are a living testament as to why you should invest in them. 

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The origin of meme coins in crypto

The beginning of meme coins was certainly interesting in the history of crypto. Below are important notes about the creation of meme coins: 

How memes started 

Memes are internet jokes that were popularised in the late 2000s. Now, memes are still going strong by their rampant appearances on major social media sites. What started as a joke became an online trend where people create the funniest and most creative memes. It came to a point where it led to the creation of one of the most popular meme coins called the Dogecoin. 

Dogecoin uprising 

At first, Dogecoin was simply made for laughs riding on the hype on the start of the upward trend of crypto. Now, Dogecoin is among the best coins in the market alongside Bitcoin and Ethereum. It is an open-source crypto created in 2013 by Jackson Palmer and Billy Markus. The mascot of DOGE is a bewildered Shiba Inu dog meme. 

Its popularity spiked when billionaire Elon Musk shared his enthusiasm for the coin on Twitter. It started as a joke but ended up becoming one of the most desired crypto coins in the market. Now, Dogecoin continues to be a profitable coin that has millions of investors. 

Other meme coins followed suit 

The rampant fame of Dogecoin inspired many others to follow suit. With coins like Shiba Inu and MonaCoin, the steady rise of trending meme coins will only continue. But which ones are the best to invest in? 

Most popular meme coins

If you are interested in investing in coins like Dogecoin, then here are your best alternatives to get started earning high returns from the most popular meme coins you can buy:  

Shiba Inu 

Shiba Inu is the Ethereum to Dogecoin’s Bitcoin. Just like Ethereum, Shiba Inu has smart contracts that allows a more seamless blockchain that makes transactions faster and more secure. 

This digital token was created in 2020 and has a similar Japanese dog mascot to Dogecoin. The reason why it has smart contract functionality is because the Shiba Inu blockchain is built on top of the Ethereum network. 

Most people love the smart contract feature of Shiba Inu which is why a lot of people prefer it over Dogecoin. This coin is also compatible with the network of DeFi services that are available in a lot of crypto exchanges. 

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Battle Infinity 

Battle Infinity is a blockchain-based NFT that is regarded as one of the best crypto meme coins in 2022. There is a lot to love about this coin, like its inclusion in a play-to-earn (P2E) game where you can win Battle Infinity. 

There are a total of six P2E games on this Battle Arena within its metaverse ecosystem. Players can have ownership over its digital assets and earn returns after winning more games. 

MonaCoin 

While Dogecoin made meme coins popular, MonaCoin is one of the oldest of its kind. This project was launched in 2013 and is based on a Japanese ASCII art character that looks like a cat. 

While this technically makes it a meme coin, there is one part about MonaCoin that sets it apart from others. Unlike most of its contemporaries, MonaCoin is a unit of trade in Japan. MonaCoin can also be bought using the Japanese yen through smart ATMs in the country. The coin is widely accepted in commercial stores or online merchants in Japan. 

Samoyedcoin 

Samoyedcoin is founded by Solana’s co-founder Anatoly Yakovenko and crypto mogul Sam Bankman-Fried. The main purpose of Samoyedcoin is to accelerate the adoption and development of Solana. 

The platform also has high transaction speeds that only cover low fees. While it is originally a meme coin, Samoyedcoin developed over time to add other Web3 features into its system. 

How to buy meme coins

Buying cryptocurrency meme coins is rather simple. The process is the same as you would buy other coins in the market. Here are the two basic steps to buying your first meme coin: 

Secure a digital wallet 

Digital wallets are essential in securing any type of crypto. You have two options: Hot and cold wallets. The former can be used online to buy and trade crypto while the latter is used as more of a storage unit for large amounts of crypto coins. Either way, you have to secure one to start buying and investing in the best crypto meme coins. 

Trade using a crypto exchange 

The next step after securing a wallet is trading your valuable meme coins in a crypto exchange. You can use either Coinbase or Binance and other credible sites to do this. They have seamless user interfaces and a fast system that lets you trade quickly and safely. 

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Words by: Vonn Consul