Meme Coins That Could Explode This Year: FreeWoly, Dogecoin, And Shiba Inu

Meme coins have become extremely popular in recent years in the cryptocurrency community. They are also becoming the choice token for projects such asNFTs, games, and Metaverse ecosystems.

In early 2021, many meme coins skyrocketed in value, exploding with a rise of over 1000%; Dogecoin (DOGE) and Shiba Inu (SHIB)were the king of the meme coins and still are to date. FreeWoly (FWOLY) is an emerging meme coin project with a highly exciting play-to-earn (P2E) game concept, designed to be interactive, fun, and rewarding with plenty of relaxation and financial benefits from theplay-to-earn model.

FreeWoly uses augmented reality (AR) technology to develop a fun and exciting element in the game. Augmented reality provides an interactive experience incorporating real-world reality with computer-generated elements such as sounds, images, or haptic feedback.

FreeWoly (FWOLY)is built after two popular online games – Pokemon Go and Farmville – intending to bring to its players the best of both worlds: the Pokemon Go interactivity merged with Farmville challenging strategy elements. Combined, the two types of games will create a highly entertaining and stimulating game. This will also enable FreeWoly the opportunity to generate a loyal following and community.

The FWOLY token will back the ecosystem of the FreeWoly; players will earn money in the form of the FWOLY coins by playing FreeWoly. The more you play, the more successful the farm becomes, and the more players earn the FWOLY coins, which can be exchanged for real currency outside the ecosystem.

The animals in the game are minted as a unique NFT, which can be traded with other players. The rarer the types of animals with unusual characteristics, the more highly valued and will be worth more tokens. Also, The FreeWoly ecosystem will include a marketplace where people can trade their NFT animals or even their farms in exchange for tokens.

Dogecoin (DOGE) – The king Of Crypto

Dogecoin (DOGE) is the first-ever meme coin launched in 2013. It is an internet meme with the Shiba Inu logo. It started based on the Shiba dog meme as a joke. Dogecoin was built on the Litecoin (LTC) network and worked on the Proof-of-Work (PoW) consensus mechanism.

The success of Dogecoin (DOGE) can be attributed to the founder of Tesla, Elon Musk, who openly endorsed the cryptocurrency on Twitter with some tweets, which then exploded the coin over the roof. This meme coin has grown significantly and become one of the most valuable in the sector. Dogecoin currently has a market cap of over $8 billion with a trading value of over $630 million and ranked pretty on #10 on CoinMarketCap as of this writing.

Shiba Inu (SHIB) – The Profitable Meme Coin

Shiba Inu (SHIB) is a dog-themed cryptocurrency based on the Japanese Shiba Inu dog breed built on the Ethereum network. SHIB token, the medium of exchange in the ecosystem, is used in the platform by its users to bet, lend, and profit.

Shiba Inu (SHIB) rose to fame in 2021 and had a price surge of over 40%; this was due to its community effort to build a utility for the SHIB token and the emergence of an entire Shiba Inu ecosystem. Shiba Inu’s success led to an avalanche of over 100 copycats. At the time of writing, Shiba Inu (SHIB) has a market cap of over $5 billion with a trading value of over $1.3 billion, and it is ranked #15 on CoinMarketCap.

For more information on FreeWoly, visit the links below:

Presale: https://farm.freewoly.io 

Website: http://freewoly.io/

Telegram: https://t.me/FreeWolyOfficial

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Source: https://www.thecoinrepublic.com/2022/08/18/meme-coins-that-could-explode-this-year-freewoly-dogecoin-and-shiba-inu/