Among the strongest trends of 2021 were the phenomenon-backed “meme coin” projects. Some companies like Dogecoin, AMC Theaters, Guaranty Escrow, EasyDNS, and others, the most successful ones, have become cool payment methods. In this article, we take a look at the 2022 meme coin outlook from analyst Rida Fatima’s listing.
Here are the 5 meme coins that can be put on the radar of 2022
The largest Dogecoin witnessed significant growth in 2021 with the influence of Tesla and SpaceX CEO Elon Musk . Also, billionaire CEO Musk announced in December 2021 that Tesla had adopted Dogecoin as one of its payment options. Alongside Tesla, other companies are also interested in this fast-growing dog-themed crypto. The DOGE community’s biggest target is the psychological resistance of $1, which is approaching $0.7376 in 2021.
Shiba Inu (SHIB) recorded a notable increase, breaking into the top ten cryptocurrencies. SHIB stands as one of the best meme tokens for profitable investment with price performance. Shiba has a market capitalization of over $16 billion. The meme token reached its ATH level of 0.0008 in October 2021.
Dogelon Mars (ELON) is derived from Dogecoin and Tesla billionaire CEO Elon Musk promoted Dogecoin when ELON arrived. Then, following in the footsteps of Dogecoin, Dogelon Mars became one of the most sought after meme tokens. Some crypto exchanges like Huobi, Gemini, Crypto.com now list ELON on their platforms.
Samoyedcoin shares some similarities with Solana. But meme coin provides high scalability, fast transactions and low fees. It is also getting progressively worse from launch time through token burnout. The final demolition in November 2021 resulted in the burning of up to 500 million SAMO tokens. According to the analyst, this feature makes SAMO traceable to 2022.
Kriptokoin.com We take a look at Monacoin in the last place in the list we have compiled. Created in December 2013, Monacoin operates as an open source P2P network. This meme coin was developed as the first altcoin in Japan. It was later used in an advertisement to buy land in Nagano. Monacoin currently has a market cap of around $77 million. The analyst thinks that with its low volume, MONA could be a good meme representative.
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