After Dogecoin, there is a flood of Mimecoins, know which new coins are included
Inspired by the success of DOGE, many such meme coins have come up in the crypto world which are attracting the attention of investors. At the moment, the name of Shiba Inu or SHIB is at the top of this list. It is named after a dog of the same breed of Japanese dog to which Dogecoin is associated. But apart from this, there are many other coins which are trying to attract people’s attention by standing out from the crowd.
First of all, let’s start with Shiba Inu and know how and where it came into existence. After that, there are many other coins which are not discussed much yet.
Shiba Inu (SHIB)
Shiba Inu in 2020 Ethereum It launched under the ERC-20 standard of blockchain and trades on the decentralized Uniswap network. It was created by an anonymous founder called “Ryoshi”. The coin is now also known as the “Dodgecoin killer”. According to CoinMarketCap, SHIB currently has a circulating supply of 394,796 billion and is certainly the most famous of the Mimecoins after Dodgecoin.
Kishu Inu (KISHU)
KISHU INU is one of the newer altcoins like DOGE. Launched in April 2021, it is a “fully decentralized coin”. The project offers instant rewards for users. KISHU holders will receive 2 percent of every transaction in the network. This approach guarantees that the more actively users use KISHU tokens, the more rewards they earn. Its platform offers a Uniswap powered decentralized exchange (KISHU Swap) that allows the exchange of any ERC20 token between token holders.
DogDog (DOG)
Like other coins popular with the name DOGE, this one is also inspired by the name DOGE. This crypto coin is a community-based project that works on a special burn and reward mechanism.
This means that every transaction that happens on the UnderDog chain incurs a 5 percent fee, with 4 percent being a reward that goes to all holders. While 1 percent goes for burning. It trades on PancakeSwap and its coins have a maximum supply of 1 billion coins.
Floki Inu (FLOKI)
The Floki Inu coin is an altcoin directly inspired by Elon Musk’s Shiba Inu-breed pet, named “‘Floki”. The crypto-asset’s website claims that the coin was created by fans and members of the Shiba Inu community. The website reads: “Floki Inu is inspired by #DogeFather Elon Musk’s own Shiba Inu.”
The digital coin’s platform is also the only one to partner with “#DogeFather’s brother Kimbal Musk’s Million Gardens Movement” Cryptocurrency The project claims to be .
Husky Coin (HUSKY)
One of the new DOGE-inspired coins, Husky Coin, also has its roots in Elon Musk and Dodgecoin. In fact, the project’s website also states that Husky is “Dodgecoin’s little brother.”
This is also a meme-based invention. It was started as an experiment by the decentralized community. This means that it has neither a founder nor a team. The developers locked 45 percent of its supply for Uniswap and 5 percent for the team token. The remaining 50 percent is held by Ethereum co-founder Vitalik Buterin.
Doge Token (DOGET)
Often Dogecoin The coin is mistaken for Dogecoin. But it is Dogecoin’s cousin which is more eco-friendly than Dogecoin. It runs on Stellar and offers faster transaction speeds. The cost of each transaction is also very low and there is no compromise on security in transactions.
Dog Killer (LEASH)
Dog Killer Another famous Dodgecoin clone that saw tremendous growth in September 2021. It operates on the Ethereum blockchain. The real appeal of this coin is its low supply as it has a very small supply of 1,07,647 coins, which also makes it very stable.
It is known for having a handful of whale accounts that have the power to significantly influence the market price.
DogeFi (DOGEFI)
This is a bit different from other community based altcoins. DOGEFI DogeFi is a gamified community that gives its members access to special yield farming projects. DogeFi has a circulating supply of 1,000,000 coins and can be traded on Cointiger.
