Memecoins that could triple your money
Note: All price related data is fetched from everycoinprice.com
Meme tokens are cryptocurrencies which are just based on online memes. They don’t have any great project or meaning ful purpose like other cryptocurrencies but due to their viral nature and billionaires (i.e. Elon Musk) support. These coins have reported magnificent returns on investments in a short period of time. They have churned out many millionaires in a matter of months. Some of these investors are rumoured to have been working for food-joints or minimum wage jobs, only to be able to later afford their own house and cars in 6 months of investing in these memecoins. Here we look at meme tokens with history or potential of +1000% to +5000% returns in a short span.
Shiba inu token is a decentralized cryptocurrency created in August, 2020 by an anonymous group or an individual named, Ryoshi. It was started as an alternative to another popular memecoin, Both of them are now under top 15, in terms of marketcap size.
Returns-
SHIB returns surpassed 200 to 400% this year. It’s returns has also touched 5000% in the past, after launch. Future returns do not follow past return pattern but here just for information purposes.
Dogecoin was created by Billy Markus and Jackson Palmer as joke for widespread growing popularity of cryptocurrencies at the time. It was the first memecoin and also has the largest marketcap size at the moment. This means that it has the largest group of investors among all memecoins supporting it.
Returns-
Dogecoin returns have been around +5000 to 10,000% returns in past 2 years
Dogelon mars is a memcoin that was created just after a heroic rise of popular memecoin, Dogecoin. It tries to personify the famous billionaire, Elon musk. As Elon wants to take humanity to mars, this token represents elon’s first name and his dreams combined as Dogelon Mars.
Returns-
Dogelon mars returns ranged from +6300% in October, 2021 to +2200% in February, 2022
Saitama inu is a community driven token with an intention of creating a safe space for new generation of crypto investors. It is supported by its investors and people who believe in its purpose
Returns-
Saitama is fairly new to the crypto market that is why it’s returns have been wavy for the past few months. This token is for people who believe in the project and the community only.
BabyDoge is a cryptocurrency created by the Dogecoin community. BabyDoge motive is to impress its ‘father’ with better transactions and its adorableness. It is in limited supply.
Returns-
BabyDoge returns have been continuosuly on a pump since its inception. There have been regular dumps but the new pump exceeds the previous All Time High, as seen from the charts. The returns range from +100 to +400% in this 1 year.
Not financial advice
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