The cryptocurrency market is showing some signs of heavy volatility at this moment and some memecoins are still taking development very seriously. Here are the top 3 memecoins that are currently taking developments seriously with recent launches and burn plans:
- Baby Doge Coin (BABYDOGE): Baby Doge Coin is a memecoin that was created in June 2021 as a “fork” of Dogecoin. The coin has a number of features that differentiate it from Dogecoin, including a faster block time, a lower transaction fee, and a “meme burn” mechanism that destroys tokens when users make transactions. Baby Doge Coin has also been actively developing new features, such as a non-fungible token (NFT) marketplace and a decentralized exchange.
- Shiba Inu (SHIB): Shiba Inu is another memecoin that was created in August 2020. The coin has a large and active community, and it has been listed on a number of major exchanges. Shiba Inu has also been developing a number of new features, such as its own metaverse called Shibarium and its own layer-2 solution called Shibarium Doggy DAO.
- Dogecoin (DOGE): Dogecoin is the original memecoin, and it remains one of the most popular cryptocurrencies in the world. Dogecoin has a number of advantages over other memecoins, including a large and active community, a low price point, and a high level of liquidity. Dogecoin has also been accepted by a number of merchants, including Tesla and Newegg.
These are just a few of the memecoins that are currently taking developments seriously with recent launches and burn plans. It will be interesting to see how these coins perform in the long term.
