Joke cryptocurrencies, also known as meme coins, have exploded in popularity since last year. Popular names like Dogecoin and Shiba Inu have gotten a lot of attention from celebrities and public figures. However, the expansion of these original meme coins has slowed down, making room for more intriguing projects. Investors in this dog-themed space are on the hunt for the next meme coin cryptocurrency to explode in the coming weeks.
We’ve curated a list of some promising meme cryptocurrencies that you should consider adding to your portfolio.
1. Lucky Block (LBLOCK)
Our top recommendation for the next meme coin cryptocurrency to explode is Lucky Block. Although LBLOCK is not a meme coin, it has the potential to explode given its strong fundamentals.
At press time, LBLOCK trades at $0.001697, a drop of 6.91% in the last 24 hours.
Lucky Block, a cutting-edge game-centric crypto platform, is hosted on the Binance Smart Chain (BSC) network. The platform aims to promote gaming transparency and fairness by developing a gaming system in which all participants have a higher chance of winning while simultaneously contributing to the community and giving token holders a smart investment strategy.
Token holders can choose to participate in the daily jackpot by locking in their tokens. Then, when the game draw is held, one person wins 70% of the jackpot, 10% is to be donated to charity, 10% is spent on marketing, and 10% is dispersed to all LBLOCK holders by the proportion of tokens they own.
Lucky Block shortens the time between draws and allows multiple draws per day, providing players more opportunities to win while cutting gaming costs. Regardless of the size of the jackpot prize, the use of distributed ledger technology allows for faster payouts and thorough documentation and verification.
Dillian ‘Bodysnatcher’ Whyte helped Lucky Block become a household name after the game-centric blockchain sponsored him to fight against Tyson Fury. Despite being knocked out by the best heavyweight boxer in the world, Dillian fought hard and tenaciously throughout Saturday night’s bout against Tyson Fury.
After information spread that Lucky Block had paid for Dillian to be flown to his training camp in Portugal by private jet, there was a 700% increase in LBLOCK token holders in less than a week.
2. Dogecoin (DOGE)
Dogecoin (DOGE), the fun alternative to traditional cryptocurrencies, is second on our list of the next meme coin cryptocurrency to explode.
DOGE’s price is currently trading at $0.1616, a rise of 29.65% in the last 24 hours. The meme-coin has risen by 18.32% in the past 7 days.
Dogecoin (DOGE) was created as a humorous alternative to existing cryptocurrencies. Unlike Bitcoin that was created with a limited quantity Dogecoin is supposed to be abundant, with no cap on the total amount and 10,000 new coins produced every minute.
Although each coin is only worth a few cents, DOGE has become one of the most valuable cryptocurrencies in market capitalisation, topping $50 billion in 2021.
Elon Musk, the CEO of Tesla, announced that users can purchase some Tesla items using Dogecoin. The Cyberquad for Kids (12,020 doge, about $2,320), the Giga Texas Belt Buckle (835 doge, around $161), and the Cyberwhistle (300 doge, approximately $58) are some of the things that you can purchase with meme-based money.
Musk loves Dogecoin. He revealed on Twitter that the firm would evaluate the cryptocurrency payment option. Tesla has yet to announce whether or not it will accept Dogecoin as a means of payment for its vehicles.
3. Shiba Inu (SHIB)
Our next meme coin cryptocurrency to explode is Shiba Inu. At press time, SHIB trades at $0.000024, a rise of 7.87% in the last 24 hours.
SHIB is a token that aims to be an Ethereum-compatible Dogecoin substitute. The Shiba Inu ecosystem also supports projects like the NFT art incubator and Shibaswap, a decentralised exchange.
Just like DOGE, SHIB is designed to be abundant; it has a one quadrillion coin initial circulating supply.
The Shiba Inu website enables dog-inspired artists worldwide to participate in the “creative Shiba movement” by introducing their Shiba Inu community to the NFT market. Shiba Inu has also launched an Amazon Smile campaign to raise funds for the Shiba Inu Rescue Association, which rescues real-life Shiba Inu dogs.
AMC Theatres, the world’s largest movie theatre chain, now accepts Shiba Inu payments through their mobile app.
Note that AMC Theatres has become increasingly interested in cryptocurrencies, particularly meme coins, since it was named a meme stock in early 2021. CEO Adam Aron announced that the company’s mobile app accepts payments in Shiba Inu (SHIB), Dogecoin (DOGE), and other cryptocurrencies. In addition, users may spend SHIB on tickets, concessions, and gift cards, thanks to AMC’s connection with cryptocurrency payments service BitPay.
4. Kishu Inu (KISHU)
Kishu Inu is our next meme coin cryptocurrency to explode. At press time, Kishu Inu trades at $0.000000001288, a rise of 7.86% in the last 24 hours. Conversely, the meme coin price has fallen by 11.44% in the past 7 days.
The digital asset is a meme cryptocurrency focused on dogs that have chosen the ‘Kishu’ canine breed as its symbol. Kishu Inu is a decentralised transactional network with a community focus; the community makes all choices. The project intends to mainstream non-fungible tokens, decentralised finance (DeFi), and participation rewards, among other next-generation concepts.
Kishu Inu’s objective is to take meme coins to the next level. The team wants to make the project more than a joke or a meme and, most importantly, endow KISHU with the characteristics of an actual long-term currency.
MEXC Global, a leading spot and derivatives exchange, recently announced that Kishu Inu (KISHU) had been added to the Innovation Zone under the KISHU/USDT trading pair.
5. Floki Inu (FLOKI)
Rounding off our list of 5 next meme coin cryptocurrency to explode is Floki Inu. The digital asset currently trades at $0.000023, up 15.48% in the last 24 hours.
Floki Inu (FLOKI) is a dog-themed meme coin that calls itself a “movement” rather than a meme coin. It’s a cryptocurrency that Shiba Inu (SHIB) fans and community members created. Shiba Inu inspired the coin’s design.
FLOKI aims to distinguish itself from other meme currencies by combining memes with utility. The long-term goal of the Floki Inu developers is to create an autonomous and decentralized ecosystem that includes strategic alliances, token utility development, and Floki Inu brand use cases via NFTs, games, and decentralized finance features.
Floki Inu has launched an aggressive marketing effort in London, pasting advertisements across the city’s train stations and on its renowned red buses. The digital asset recently revealed the new campaign in a blog post, stating that “the people’s cryptocurrency” will begin advertising on the sides of 100 buses and on 203 posters in the city’s subway stations on Monday, April 25.
In addition, the most widely awaited play-to-earn game (Valhalla) is under development for a potential release this year.
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Source: https://insidebitcoins.com/news/5-next-meme-coin-cryptocurrency-to-explode-april-2022