Shiba Inu Coin & Shiba Inu Price Prediction
We go through the analysis of on-chain data and present you with price predictions for the top three included meme coins.
Shiba Inu Toon Finance & Dogecoin Price Predictions
Everyone in the crypto world has heard of or even bought DOGEcoin and/or Shiba Inu Coin. These are probably some of the most popular meme coins in crypto.
Meme coins are coins that are usually created as a joke after a meme like the DOGE. These internet memes create so much hype that developers create coins and NFT projects after them.
Toon Finance has been making quite a popular name for itself in the defi meme space lately. They managed to garner enough attention that writers felt the need to keep talking about them.
So, is it just quick hype or is this long lasting buzz? Read on for more information on how Toon Finance has the potential to outperform Shiba Inu Coin and DogeCoin.
But how? First I’ll explain to you what Dogecoin is and then I’ll let you know why $TFT could easily overtake the old puppy.
What is DogeCoin (DOGE)?
Dogecoin (DOGE) is a cryptocurrency created as a parody of Bitcoin. It features the face of the Shiba Inu dog from the Doge meme as a logo. Dogecoin was launched in 2013 and has over 129 billion DOGE coins in circulation. Unlike other cryptocurrencies, there is no fixed cap on the total supply of Dogecoins.
The DOGE coin is endorsed by Elon Musk and his company Tesla accepts the Doge coin as payment. Many celebrities have jumped on the crypto meme and NFT bandwagon, with Snoop Dogg creating his own wacky verse of Snoop Doggies. You can find out more about his Snoops project at The Sandbox’s website.
How does Dogecoin work?
Dogecoin is based on the Litecoin protocol and uses Proof of Work (PoW) to reach consensus. It can be mined with CPUs and GPUs. The block time for Dogecoin is 1 minute and the…
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