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Meme coins’ enduring popularity in the crypto market is evidence of both their capacity for innovation and for community development. They are a pleasurable and inexpensive approach to start investing while also becoming a member of a vibrant and helpful online community.
Meme coins, despite the present market downturn, are making great strides in terms of development, expansion, and foresight. As their utility expands, the value of meme currencies rises.
In this article, we will investigate the recent achievements of Shiba Inu (SHIB) and Tamadoge (TAMA) in spite of the frigid conditions of the cryptocurrency market.
Shiba Inu (SHIB)
The Shiba Inu (SHIB) cryptocurrency was first introduced in August 2020 as a competitor to Dogecoin (DOGE). It planned to win by destroying its opponent and raking in the profits linked with the pump and dump pattern of investing used in meme currency. Despite this, the coin has matured since its early days, and the community it supports is now its most distinguishing feature.
This group has evolved naturally and is quite valuable right now because of the addition of the Shibaverse, which was released last year. Innovation, education, and Shiba Inu’s continuous organic expansion are all being propelled by this metaverse.
The September release of ShibaEternity, a play-to-earn (P2E) game that has been a big success and has been commended for its speed and functionality by professionals, was another anxiously awaited day in the Shiba Inu community.
New releases of Shibaverse and Shiba Eternity have occurred regularly over the past two years, demonstrating the coin’s innovative spirit, foresight, and resilience in the face of the crypto cold.
Currently, the price of one SHIB is $0.000012 , and the coin’s market cap of 6.991B makes it the fourteenth most valuable cryptocurrency in the world, according to CoinMarketCap. A rise to $0.000040 per Shiba in Shibverse, ShibaSwap, and Shiba Eternity is expected by industry experts by the end of 2023.
Tamadoge (TAMA) Strong following Presale Success
Tamadoge (TAMA) recognizes the importance of being current in the meme coin industry.
This is thanks to how Tamadoge combines the play-2-earn (P2E) metaverse game with NFTs. These NFTs can be raised, played with, and even fought like real pets.
Dogepoints can be won through successful bouts against other players’ pets. At the end of the month, you can trade in your Dogepoints for Tama tokens.
The presale for the cryptocurrency Tamadoge (TAMA) has been very successful recently, and it will expire soon when $15 million has been raised. Their ability to thrive over the crypto winter is a testament to the power of the P2E model combined with NFTs. This is indicative of the firmness of their strategy, which includes the creation of an app similar to Pokemon Go and forays into virtual reality.
The good thing about the current bear market is that it gives many people the chance to really take their time learning how to invest. On the other hand, it gives cryptocurrencies the chance to show that they can grow even when things aren’t perfect.
This rise and success of these two cryptocurrencies in spite of the bear market is not surprising. They have all taken advantage of this occasion to demonstrate their strength, despite the fact that the market is currently exhibiting a downward trend. This bodes extremely well for their prospects once the bull market does resume.
About Toon Finance
By providing a P2E metaverse protected by SHA256 encryption, the team of industry veterans and blockchain developers behind the Toon Finance Protocol has created a decentralized exchange application platform with the goal of addressing the externality around the P2E gaming demand.
Toon Finance provides a centralized location for trading NFTs, exchanging cryptocurrency, and bridging blockchains. If you’re as enthusiastic about cryptocurrency as we are, you’ll want to stick around here at Toon Finance, as we’ll soon be releasing some very exciting updates, such as new features for our platform and information on how you can take part in the Space Battle Grounds or go on an Advance with your friends in the P2E lobby.
Join the drive toward a decentralized ecosystem that is backed by real people who have a real enthusiasm for bitcoin by participating in the Toon Finance presale, which is now live. At Toon Finance, we aren’t just a leading brand; rather, we’re a group of creative thinkers who collaborate with people who get a kick out of tackling difficult problems.
Toon Finance Protocol / ToonFi Telegram / Toon Finance Presale
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