Will RenQ Finance (RENQ) replicate the success of Floki Inu (FLOKI) or Baby Doge Token (BABYDOGE)? Experts believe it might comfortably outperform them
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The Crypto market has seen the rise of several assets and that is not about to stop.
Baby Doge token and Floki Inu have been among the successful cryptocurrencies in the past; having brought substantial profits to investors. A new crypto king is however on the horizon - RenQ Finance.
Crypto experts are comparing RENQ to the likes of BABYDOGE and FLOKI, the new crypto kings. There are indications that RENQ will follow in the footsteps of these two assets and replicate their success. Moreover, many experts believe that RENQ tokens will outperform both BABYDOGE and FLOKI.
Baby Dogecoin is a deflationary token intended to get scarcer over time. By merely keeping Baby Doge coins in your wallet, all Baby Doge holders will automatically receive extra Baby Doge. As Baby Dogecoin holders automatically receive a 5% fee from each on-chain transaction that takes place in the Baby Doge ecosystem, you can see the amount of Baby Doge in your wallet increase. The fees collected by each transaction increase the number of baby doge coins available to the community.
It has enjoyed a great deal of success having reached an all-time high of $6.2 in the 2022 bear market bringing its ROI to over 800% since inception for investors. However, it has fallen from the success recorded and now trades around the $2 mark as of writing.
Floki Inu is a new cryptocurrency that was created by fans and members of the Shiba Inu community. The coin's mascot, Elon Musk's Shiba Inu named Floki Inu, has a craving for space snacks and is designed to be hyper-deflationary, rewarding holders with additional coins for each transaction. As you love and pet your
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