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Longtime investor Warren Buffet noted that good investors fear when others are rich and greedy when others fear. This is especially true in the cryptocurrency market for long-term
Longtime investor Warren Buffet noted that good investors fear when others are rich and greedy when others fear. This is especially true in the cryptocurrency market for long-term investments. Meme tokens are cryptocurrencies based on popular online jokes or memes. Dogecoin (DOGE), Shiba Inu (SHIB) Y RoboApe (RBA), some of the famous meme coins that will be released soon. These are all excellent investments for this bear market.
Pioneer of Meme Currency – Dogecoin (DOGE)
Meme coins have become a global phenomenon with millions of ardent fans around the world. The utility of meme coins often focuses on paying community members and promoting coin acceptance, which is a common feature. Dogecoin (DOGE) is undoubtedly the most popular meme coin in the world. The meme coin was founded as a light-hearted way to appeal to a non-crypto audience and has been a huge success.
“SpaceX will place a real Dogecoin (DOGE) on the real moon,” Dogecoin went viral when Tesla billionaire CEO Elon Musk tweeted in May 2021. The meme coin rose in value and made many investors billionaires overnight. The value of the token has been enhanced by the community on social media platforms such as Reddit, where it is used to pay people who produce high-quality content.
With a market cap of over $4.3 billion, Shiba Inu (SHIB) is the second most popular meme token in the crypto world. It is also known as the ‘Dogecoin Killer’ as it was created to compete with Dogecoin. Since its inception in August 2020, the Shiba Inu (SHIB) has seen incredible success and widespread recognition in the cryptocurrency industry.
Shiba Inu, like Dogecoin, rose after Elon Musk tweeted: “Looking for a Shiba dog!” On October 28, 2021, the meme coin hit an all-time high of $0.000086, but has since fallen to dangerously low levels as a result of the current bear market. It offers a long-term crypto investment opportunity before the next bull run.
RoboApe (RBA) is a promising meme coin with a mission to change the culture of meme coins. It will be released on August 29, 2022, following the end of its pre-sale, which began on May 17, 2022. With its feature-rich ecosystem, RoboApe (RBA) is poised to become the perfect meme coin.
Community members and token holders will have unlimited access to the NFT marketplace where they can easily create NFTs of all their favorite memes and funny photos. RoboApe DAO will allow token holders to participate in the management of the project. Thanks to the DAO, they will be able to vote on issues related to the future path of the project.
The bear market has a silver lining as it is an excellent opportunity for investors to stock up on long-term tokens while prices are low. The cryptocurrency market follows a cyclical pattern with ups and downs. Bear market conditions can last a long time, but they are usually followed by longer bull runs.
For more information about RoboApe (RBA), go to: pre-sale, Web site and Telegram.
Source: El Nacional
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
