The role meme coins play in crypto honestly goes without saying. They were just as influential as Bitcoin when it came to pushing crypto into the mainstream when it blew up in 2020 and 2021. Meme coins are unique in that they bring the fun energy of memes that have captivated everyone on the internet for decades to a space where people can actually profit from their enjoyment of it.
Though things have since calmed down, a new debut in the meme coin space could send ripple effects throughout the market and finally bring the energy back, even for the top meme coins Dogecoin (DOGE) and Shiba Inu (SHIB). This is the “tail” of DogeMiyagi (MIYAGI)!
The Top Dogecoin in The Pack
As we all know by now, Dogecoin is both the first and biggest meme coin in the world, an interesting parallel to Bitcoin (BTC)’s position as the first and biggest crypto overall.
Inspired by the Doge, a meme that was huge at the time and is still popular now, Dogecoin quickly established itself as a distinctive player in the cryptocurrency market, luring both newcomers and seasoned investors. Thanks to its endearing logo and vibrant community, it stood out in a market saturated with cryptocurrency projects that took themselves way too seriously.
Dogecoin, which has its origins in online culture, has become a symbol of the power of memes in the financial sector. It served as an example of how the internet can impact society and how an apparently innocent joke can develop into a global phenomenon that influences markets and fascinates large numbers of people.
Shiba Inu Chases Close Behind
It was more than just astonishing how the Shiba Inu token rose to fame so quickly on the back of Dogecoin at the height of the meme coin craze. For a meme coin, its popularity reached previously unheard-of heights, gaining an enormous following that knows no bounds. At the height of the meme coin craze three years ago, everyone in the crypto space—famous people as well as commoners—became smitten with it.
Its rise served as more proof of the popularity and acceptability of crypto in general. Thanks to the immediate support it received from influential figures like Elon Musk (who played a big role in Dogecoin’s growth as well) as well as the devoted legion of supporters it made in such a short time, Shiba Inu became a digital phenomenon and transformed the crypto environment into a place of fellowship and excitement.
DogeMiyagi Wages War
Users of this Ethereum-based platform will be able to make memes, purchase limited-edition DogeMiyagi NFTs, and participate in community-wide projects that discuss various cryptocurrencies while striving to enhance the site’s native token. But the perks don’t end there; a killer Uniswap-powered swap machine that lets customers exchange their tokens for Ether is also in the works. Everyone will have an equal stake in the outcome since the community will have total control over it.
Despite the fact that the project is fresh, the project’s leader may be older than Mr. Miyagi from the first Karate Kid movie. Mr. DogeMiyagi has been away, practising his karate moves and engaging in meditation while he waits for the appropriate moment to ascend to the top of the meme coin hierarchy. After a long absence, the master has finally returned to discipline his contemporaries with the aid of his hidden society, which has more members than one could imagine.
DogeMiyagi is already demonstrating why it’s a project worth paying attention to and why it has the potential to reawaken the slumbering meme coin space, but the role it plays in Dogecoin and Shiba Inu’s continued growth is yet to be seen.
Both coins rank comfortably within the top 15 cryptos on the market, but things change regularly, so a new threat to create healthy competition is always welcome! Purchasing DogeMiyagi now is a great decision to make before the ripples start, because the presale is still in its early stages but selling quickly.
For more on DogeMiyagi, check out the links below:
Website: https://DogeMiyagi.com/
Twitter: https://twitter.com/_DogeMiyagi_
Telegram: https://t.me/DogeMiyagi
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Source: https://www.thecoinrepublic.com/2023/05/26/dogemiyagi-arrives-to-push-dogecoin-shiba-inu-and-all-other-meme-coins-to-the-limit/