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Cryptocurrency is getting a lot more popular these days. Cryptocurrency, in itself, is a type of digital currency, but which is beautified by banks or comes from institutions; that is, it is unrelated. They are digital assets that people use to make investments or online purchases. Cryptocurrency is stored in digital wallets.
There are many and many types of cryptocurrency showing up. However, a lot of meme coins also are in the market that actually have growth potential. Unlike Bitcoin, which was programmed to have a finite number of units available to mine, meme coins will often have billions of units in circulation.
A meme coin is a cryptocurrency that originated from an Internet meme or due to some popular internet jokes. In the previous years, there has been a significant increase in the number of meme coins, which has led to a slew of copycats, including Dogecoin-derivatives like Shiba Inu, Dogelon Mars, Samoyed Coin, and Doge Dash, among others.
Though they are often created as jokes, these coins can go mainstream. Putting this in context, the total value of these meme coins is now worth $33 billion!
So here is a list of the top three mean coins that can explode in 2022.
it was a little obvious that those were going with making this list. Dogecoin was founded by software engineers Billy Markus and Jackson Palmer as a mockery of the suspicious and unregulated cryptocurrency system.
It was the first meme coin when it was launched. It had gained a lot of popularity as well as value in the previous year. The same can happen again as it is already at a higher value than what it started for.
A recently introduced meme coin, Shiba dollars, is gaining a lot of popularity these days. Even recently, its value increased by 90% in just a single day. It is one of the coins to look out for.
Lastly, one of the coins that have the biggest potential is the Floki coin. It is named after Elon musk’s dog Floki, and this is one of the reasons that it is so popular. Its value increased by 1300% in just a single day, and with Elon Musk's presence and influence, it has one the highest growth potential of the three.