DigiToads (TOADS), Floki (FLOKI), Bone ShibaSwap (BONE), DogelonMars (ELON), and Monacoin (MONA) are some of the top meme currencies to keep an eye out for. These have seen significant price increases recently and have developed a sizable internet following, so let’s take a closer look at each.
DigiToads is an advanced utility token ecosystem with many dozens of features. The token’s P2E game, DigiToads, introduces players to a new kind of web3 gaming, and the token offers NFT staking opportunities and routinely rewards the token’s community of TOADS holders.
At the end of each month-long season, the top 25% of the DigiToads leaderboard earn TOADS tokens as a reward. More specifically, the top 25% of players will be awarded a share of the prize fund, comprising 50% of the revenue generated from selling in-game items.
Further, 10% of the funds raised will be distributed to token holders each month as airdrops.
DigiToads supports NFT staking throughout its ecosystem. 2% of all TOADS trades go into the staking pool, so the community can always win. Staking your NFTs will earn you rewards based on how long your tokens have been staked.
Notably, TOADS is a deflationary token with ongoing supply reduction. A 7% tax is levied on all TOADS transactions, with 2% going directly to the burning address. This gives TOADS the ability to maintain its bullish stance even during the market’s most severe bearish movements.
DigiToads is currently in the presale phase and offers investors a growth opportunity that has the potential to provide a 5.5x or even 450% return on investment.
Importantly, DigiToads presale will include giveaways worth $150,000, creating another generous opportunity for early birds to be rewarded handsomely through the project’s development.
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Floki (FLOKI)
A relatively new cryptocurrency that has grown in popularity recently is called Floki (FLOKI). The currency is promoted as a “community-driven” alternative to existing meme currencies like Dogecoin and Shiba Inu and is named after Elon Musk’s beloved Shiba Inu dog.
Floki was introduced without a defined plan or whitepaper, like many meme currencies, making it difficult to ascertain the project’s long-term objectives and prospects. The coin has still succeeded in gaining a devoted following, with some investors hailing it as the “next great thing” in the cryptocurrency industry.
Floki’s deflationary tokenomics are one of its main characteristics. The coin’s maximum supply is 10 trillion tokens. However, during the launch phase, a significant number of these tokens were destroyed, leaving just about one quadrillion in circulation. Each transaction is also subject to an additional 5% tax, of which 50% is handed to holders, and 50% is burnt. As a result, the supply will steadily decrease as more individuals purchase and sell Floki, perhaps increasing the coin’s value over time.
Through its partnership with CryptoCart, the FLOKI coin can be used to make in-person purchases. On the XCUR platform, holders of Floki can also pay for goods.
Future utilities may include purchasing NFTs, gaming, and paying for services and goods.
Bone ShibaSwap (BONE)
A relatively recent meme currency in the crypto world, Bone Shiba Swap (BONE), was introduced in July 2021. It is a community-driven initiative with the goal of giving traders and holders of different meme tokens access to a decentralized exchange (DEX) platform. Among cryptocurrency enthusiasts, particularly those who like tokens with Shiba Inu design inspiration, BONE has been rising in popularity.
BONE is a governance token of the Shibaswap ecosystem that permits the #ShibArmy to vote on forthcoming proposals. The user’s vote will carry more weight in these future endeavors proportionately to the amount of BONE that they hold. BONE has a total supply of 250,000,000 tokens, and its circulating supply is intended to lie precisely in the middle of the two tokens that came before it.
SHIB, LEASH, and BONE are the three components that come together to form ShibaSwap. Users of ShibaSwap can DIG (provide liquidity), BURY (stake), and SWAP tokens to earn WOOF Returns by utilizing our cutting-edge and original passive income reward system. The ShibArmy can also gain access to upcoming NFTs and additional tools, such as portfolio trackers, making navigating the crypto world simple and easy to understand.
Dogelon Mars (ELON)
Dogelon Mars (ELON) is another popular cryptocurrency because of its unique qualities and growth potential. The ELON meme coin was created to poke fun at Tesla and SpaceX founder Elon Musk, an outspoken supporter of digital currencies. However, in contrast to other meme currencies, ELON distinguishes itself by placing a strong emphasis on technological advancement and the exploration of space.
In a variety of respects, Dogelon Mars is exceptional. Its community has earned a reputation for helping victims of cryptocurrency scams, and they have made it its mission to donate ELON coins to victims of cryptocurrency scams to assist them in recovering some of the money they lost. Additionally, the community has come together to make a unified appeal to Elon Musk to gain his support for their project.
The Dogelon Mars project, in contrast to DOGE and Shiba Inu (SHIB), has some serious interplanetary aspirations. Its stated objective is to develop into an interplanetary currency that will hopefully be put to use when living beings colonize Mars and other worlds beyond our solar system. Its primary objective is to raise enough money to cover the cost of sending colonists to Mars.
Elon Musk has had a longtime interest in the idea of colonizing Mars. Therefore, the people behind Dogelon Mars are making a direct pitch to Elon Musk with this meme cryptocurrency.
In addition, an accompanying comic fantasy story about a dog named Dogelon acts as the background for the project. The story begins in the year 2440 when Mars has been recolonized following the completion of the first galactic voyage. But the arrival of “the annihilators” threatens to destroy the peaceful life that young Dogelon has built for himself on Mars, and he must prepare to face the danger.
In general, the Dogelon project is intriguing on the cryptocurrency horizon, and analysts are following its progress with great interest.
MonaCoin (MONA)
As a fork of Litecoin, MonaCoin (MONA), a Japanese cryptocurrency, was introduced in 2013. It is called after Mona, the cat-like creature from Japanese popular culture. The coin has developed a sizable following in Japan, where it is accepted as payment by several establishments, notably several in Tokyo’s Akihabara neighborhood, which is well-known for its electronics stores and manga and anime shops.
The Scrypt algorithm, utilized by many other cryptocurrencies, including Litecoin and Dogecoin, forms the foundation of MonaCoin. The total coin production is 105 million, of which around 70 million are now circulating. The block reward for MonaCoin is 25 MONA, which drops by 1 MONA for every 1,296,000 blocks. The block time is 1.5 minutes.
The robust community and engaged development team of MonaCoin are one of its distinguishing characteristics. The group is renowned for its fervor and originality, and its members have started a number of original projects and activities. For instance, the MonaCoin community has released a virtual reality game where users may earn MonaCoin by participating and an online bazaar where users can exchange MonaCoin for products and services.
MonaCoin has been listed on several significant cryptocurrency exchanges, including Bitbank, Coinex, Zaif, and other community-driven projects. This has made it simpler for traders to purchase and sell the currency by increasing its visibility and liquidity.
Although having a smaller market capitalization than most other cryptocurrencies, MonaCoin has remained resilient and developed a devoted fan base. Its vibrant community and distinctive qualities make it a cryptocurrency worth keeping an eye on, especially for those drawn to Japanese popular culture and grassroots initiatives.
Final Thoughts
In recent years, there has been an explosion of new meme currencies in the cryptocurrency market, several of which have attracted significant investor interest. With some of these meme coins rising in value and amassing massive followers on social media sites, they have emerged as a new trend in digital assets.
TOADS, FLOKI, BONE, ELON, and MONA, are some of the most exciting choices on the market and well worth it to diversify your portfolio.
For More Information on DigiToads visit the website, join the presale or join the community
