How Dog Meme Coins Are Reshaping the Future of Crypto: A Look at Dogecoin, Shiba Inu and Dogetti | Atalayar

by Arthur · April 19, 2023

As Bitcoin (BTC) experiences a decline in its value, meme coins based on popular internet memes are becoming increasingly popular in the crypto market. The rise of Dogecoin (DOGE), Shiba Inu (SHIB), and Dogetti (DETI) has many wondering what impact these internet memes have on the future of crypto. The question remains whether these meme coins have the potential to bring positive change to the crypto space.

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Revamping Dogecoin: From Meme to Mainstream

Dogecoin, a viral meme of a Shiba Inu purebred dog, has been around since its launch in 2013 and continues to attract celebrity endorsements even today. Snoop Dogg and Elon Musk have expressed interest in Dogecoin, causing it to explode in popularity. However, Musk’s recent antics involving Dogecoin have caused the coin to experience volatility in April.

Musk originally caused the value of Dogecoin to skyrocket after he changed his Twitter account icon to the popular Dogecoin Shiba Inu. But after he removed it, the value dropped by over 7%. Musk’s latest viral activity involves offering 1 million DOGE to anyone who can prove he owned an emerald mine, causing a 6% increase in DOGE’s value.

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Shiba Inu: The Metaverse Pioneer

Shiba Inu, another meme-based coin, is known as Dogecoin’s younger sibling. Shiba Inu focuses on NFT collections and invests time in the Metaverse and was designed to be abundant, with 1 quadrillion Shiba Inu tokens in circulation.

Shiboshis are unique NFTs with their own distinct features, backgrounds and personalities, with over 10,000 Shiboshi registered on the Ethereum (ETH) blockchain. The upcoming Shib: The Metaverse interactive space, which is expected to launch by the end of 2023, is highly anticipated. Developers emphasize, however, that it will be a continuous development that will constantly be updated. Metaverse will feature over 100,000 virtual plots that can be used to generate a passive in-game income.

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Decentralized spaces have opened up a world of real ownership within these spaces. Unlike platforms like Roblox and Minecraft, all purchased items in Metaverse will be backed up on the blockchain. As the popularity of Metaverse continues to grow, the use of Metaverse has become a billion dollar industry over the years.

Dogetti: The Metaverse’s Next Top Dog

Dogetti is not one to mess with when it tries to enter the lucrative Metaverse space. Like the Shiba Inu, Dogetti has its unique range of digital NFT dogs that can be bought, sold and traded using DETI, fiat and other cryptocurrencies. According to developers, NFT holders will soon be able to produce more NFTs, creating a steady income stream for potential investors.

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Don Eloni Dogetti and his gang run the Dogetti family, which is known for its generosity. To demonstrate this, they have set aside two percent of all transactions to a charitable wallet, and have even given investors the freedom to choose which charities receive the funds. What’s not to love? Charity and community are the Dogetti dream. Additionally, another two percent will go back into the community, with token players receiving additional funds for simply keeping tokens in their accounts.

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