Are Floki Inu (FLOKI) and Seesaw Protocol (SSW) the Next Dogecoin (DOGE) and Shiba Inu (SHIB)?
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
You can’t argue that Dogecoin (DOGE) and Shiba Inu (SHIB) are behemoths within the crypto sphere. Critics say they are fads that have no real utility and as a result, are scams or jokes. The last year or so has proved that for better or worse, meme coins are here to stay. Cryptocurrencies with more utility, such as Polygon (MATIC) or the soon to be launched Seesaw Protocol (SSW) aim to have similar popularity whilst also providing more of a service to their holders.
Meme coins are largely built on humour and are often the basis for a large community. They also serve as a straightforward and simple entry point into crypto for novice investors. Dogecoin (DOGE) was actually created in 2013 by Billy Markus and Jackson Palmer as a satire of Bitcoin, designed to appeal to the masses as opposed to the crypto hardcore. In the time since, it has garnered massive amounts of publicity, including having Elon Musk as an unofficial mascot. The Tesla CEO briefly allowed people to pay for Teslas with DOGE.
Although it lags behind Dogecoin (DOGE) in terms of market cap, Shiba Inu (SHIB) has outperformed its canine cousin over the last year. From the start of January 2021 to the end of October, SHIB soared by a whopping 70,000,000%. Tiny investments in SHIB would have been enough to make millionaires. Naturally, everyone in crypto is wondering what coins are next.
Floki Inu (FLOKI) has ridden on the coattails of Dogecoin and Shiba Inu to a market cap of around half a billion dollars. Based on the name of Elon Musk’s Shiba Inu puppy, FLOKI claims to be more of a ‘movement than a meme’. Since its launch in the summer of 2021, FLOKI shot up
Read more on cryptonews.com
