Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
In 2021, the cryptocurrency world had a massive boost from NFTs to DeFis, tokens, DApps, crypto exchange platforms and everything surrounding cryptocurrencies and blockchain technology. Many cryptocurrency projects have shot up, and many new ones have emerged between 2021 and now. Investors have gone all out for all these cryptocurrency investment formats.
However, one of the major crypto sectors that caused the most impact on cryptocurrency in 2021 is meme coins or meme tokens. The meme coin category caused two of the most significant changes and positive impacts in the crypto world. This is not surprising as 2021 was when crypto meme coins were taken a lot more seriously. And since the improvement and increase in the value of these meme tokens, many meme coins have been developed due to the increased interest in the category.
Meme coins are a different kind of cryptocurrency token based on a meme, a joke or an internet theme. Unlike other cryptocurrency tokens and classes, meme coins are not trying to fix a problem in the finance sector. The valuation of these meme coins fluctuates with market interest because the value of these meme tokens is based on factors like community hype and activities, influencers’ endorsements and Fear Of Missing Out. Many investors are usually discouraged from investing in meme tokens because they are unpredictable and don’t have a lot of real-life applications.
There are a lot of new meme coins coming up in the crypto space, and it can be confusing to decide which to invest in. This article provides you with some of the three new meme token projects you can invest in. They are Floki Inu (FLOKI), GM WAGMI (GM), and Mehracki (MKI).
Floki Inu (FLOKI)
The leading cryptocurrency meme token, Dogecoin (DOGE), was founded in 2013 and has grown rapidly, setting the ground for the rest of the meme coins to follow in its footsteps. As Dogecoin was built based on a dog meme, many other meme cryptocurrency tokens followed its footsteps, and Floki Inu is one of them. Floki Inu (FLOKI) is one of the meme tokens that show that meme tokens are actually a lucrative investment. It is even closely following the Dogekiller, Shiba Inu.
Floki Inu is an ERC-20 token based on the Ethereum blockchain. It was named after Elon Musk’s Shiba Inu dog. FLOKI is a copycat dog coin created by fans and members of the Shiba Inu community. FLOKI is bringing in three utilities to the crypto market: an NFT gaming metaverse, an NFT and merch marketplace, and a Content Education Platform. FLOKI, the token itself, aims to overtake DOGE and SHIB soon.
GM WAGMI (GM)
GM WAGMI, standing for Good Morning, We’re All Gonna Make It, is a new meme token project created to form a feel-good buzz in the cryptocurrency metaverse. The intention behind the development of this cryptocurrency project was to pay respect to the co-founder of Solana Labs, Raj Gokal.
The GM token is the token of the GM WAGMI network. It is an ERC-20 token built on the Ethereum network. GM serves as a medium of exchange, interoperability and making the crypto world a better place. GM is also deflationary.
Mehracki is one of the meme coins that have deviated from the norm of use case, real-life application or infrastructure that ensures the project’s growth as a whole. The goal of Mehracki is to change the public perception of meme tokens by creating a framework that makes the project attractive while still retaining the fundamental meme elements.
Mehracki, with its utility token MKI, is a feel-good meme token that is community-driven and built on Solana and developed for users to avoid being more worried about generating wealth. The MKI token is the verification and authentication token for transactions made on the platform. MKI also gives its holders governance rights.
Meme tokens are gaining more traction and use in recent times, and this is why you shouldn’t waste time deciding on whether to invest in them or not. To start, you can join the ongoing Mehracki presale or learn more by clicking the links below.
Join Presale: presale.mehracki.io/register