The post Rick Coin, MongCoin, and Turbo Coin: Emerging Low-Cap Meme Coins to Keep an Eye On appeared first on Coinpedia Fintech News
In the dynamic world of cryptocurrencies, meme coins have carved a niche, offering investors a blend of humour, community spirit, and potential profits. Among the new entrants, Rick Coin, MongCoin, and Turbo Coin are making waves in the meme coin market.
Rick Coin: New meme coin backed with Real-World Utility
Rick Coin, a meme coin inspired by a popular TV series, is gearing up for its debut. The coin has already started generating significant interest ahead of its launch thanks to its commitment to promoting a fair and decentralized launch process.
What sets Rick Coin apart is its backing by GalaxyTrade.io. This fully decentralized exchange allows users to trade major cryptocurrencies like Bitcoin, Ethereum, Matic, and BNB, as well as Forex and Metals, with up to 100x leverage directly from their wallets. With low trading fees and zero price-impact trades, GalaxyTrade.io offers a unique value proposition for Rick Coin holders.
In terms of token distribution, 93% of Rick Coin tokens are allocated for the presale and PancakeSwap liquidity, while 7% is reserved for listings on major centralized exchanges. This distribution further reinforces Rick Coin’s commitment to decentralization and fairness.
Turbo Coin: The Brainchild of a Digital Artist
Turbo Coin, also known as TurboToadToken, is the creation of Australian digital artist Rhett ‘Mankind’. Launched in just a week with the assistance of OpenAI’s ChatGPT, Turbo Coin has swiftly made a mark among meme coin enthusiasts.
The coin, inspired by a cartoon toad character crafted by Mankind, has already reached a market cap of $44 million. Despite a recent downturn, the coin has maintained a steady 24-hour trading volume of USD 20-50 M in previous weeks, indicating continued interest from meme coin investors.
MongCoin: A Unique Meme Coin with a Distinct Culture
MongCoin, denoted as $MONG, has emerged as a unique entrant in the meme coin landscape. According to the project website, MongCoin conceived from the disjointed ramblings of a US congressman, encapsulates a culture that cherishes camaraderie, meme culture in its most degenerate form, and positive vibes.
Distinct from many of its counterparts, MongCoin (MONG) adopts a refreshing approach to tokenomics. It eschews taxes, honeypots, and rugs, focusing instead on fostering a positive vibe within its community. In recognition of this support, MongCoin has allocated 6.9% of its token supply to holders of Mong NFTs.
However, potential investors should note that MongCoin (MONG), Rick Coin and Turbo Coin are meme coins with no intrinsic value or expectation of financial return. According to the MongCoin website, It operates without a formal team or roadmap and is intended solely for entertainment. Despite this, these low-cap meme coins have garnered a lot of attention in the crypto community.
As these new meme coins make their mark, it’s clear that the meme coin market is not just about memes anymore. It’s about community, innovation, and the potential for unexpected profits. As the meme coin market continues to evolve, Rick Coin, MongCoin, and Turbo Coin are definitely the ones to watch.