The cryptocurrency market is showing some signs of heavy volatility at this moment and some memecoins are still taking development very seriously. Here are the top 3 memecoins that are currently taking developments seriously with recent launches and burn plans:
- Baby Doge Coin (BABYDOGE): Baby Doge Coin is a memecoin that was created in June 2021 as a “fork” of Dogecoin. The coin has a number of features that differentiate it from Dogecoin, including a faster block time, a lower transaction fee, and a “meme burn” mechanism that destroys tokens when users make transactions. Baby Doge Coin has also been actively developing new features, such as a non-fungible token (NFT) marketplace and a decentralized exchange.
- Shiba Inu (SHIB): Shiba Inu is another memecoin that was created in August 2020. The coin has a large and active community, and it has been listed on a number of major exchanges. Shiba Inu has also been developing a number of new features, such as its own metaverse called Shibarium and its own layer-2 solution called Shibarium Doggy DAO.
- Dogecoin (DOGE): Dogecoin is the original memecoin, and it remains one of the most popular cryptocurrencies in the world. Dogecoin has a number of advantages over other memecoins, including a large and active community, a low price point, and a high level of liquidity. Dogecoin has also been accepted by a number of merchants, including Tesla and Newegg.
These are just a few of the memecoins that are currently taking developments seriously with recent launches and burn plans. It will be interesting to see how these coins perform in the long term.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.