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2022-05-23

Meme coins - are they still relevant?

It is not like we haven’t talked a lot about different meme coins, where they come from and where they are headed. 


Well, some of them aren’t doing so well recently, others are still ready to explode in 2022.


Dogecoin for example is expected to reach all new highs of popularity and demand. Well, it is not the only one. There are some other meme coins just waiting for a sign to show that meme coins are alive and are definitely here to stay.


As we know, meme coins started as a joke to all the bulls and bears shifting crypto prices by thousands of dollars. Today, these funny coins are the most traded digital assets on the market. Dogecoin, for example, is even getting close to the top 10 cryptocurrencies by market capitalization of over $18 billion.


Besides Dogecoin, there are some other meme coins that also started as a joke. Well, at the end of the day it may turn out that the joke is on anyone, who does not take them seriously.


Volt Inu (VOLT)


Volt is a deflationary token, launched on Ethereum and Binance Smart Chain at the end of 2021. For only a few months it has evolved, with some of its milestones including migrating to a new smart contract, launching a Pay-to-Earn game, and its own merch.


The use case of Volt is to support the investment of assets such as NFT, altcoins and others.

The Volt Inu coin comes with automatic burn taxes to ensure the decreasing supply. One of its last migrations divided the Volt tokens by a billion, to reduce some technical difficulties.


Furthermore, the coin's growth is accelerated without affecting the holders. Their wallets are receiving Volt2 for the same amount of Volt1.


The current price of Volt Inu is $0.0000009542, but it is expected to be an interesting target for meme coin investors.


Akita Inu (AKITA)


AKITA is another meme coin running on the Ethereum blockchain. As any other meme coin, it started as a joke, but it managed to turn into a standalone cryptocurrency. It bridged to another blockchain - Avalanche, which empowered its users.


The Akita project has an aim to turn into a social experiment, uniting like-minded coin supporters. The goal of the project is to make people understand the meaning and the potential of cryptocurrencies. 


Furthermore, Akita Inu has a special approach to security. It claims to have sent the half of its total supply to Vitalik Buterin (one of Ethereum founders), and the remaining amount reached an Uniswap account supporting the project’s liquidity. The account’s key burned.


Akita is available on exchanges like OKX and MEXC and has a price of $0.0000003074.


Samoyed Coin (SAMO)


Samoyed Coin (as the name suggests) is another meme coin focusing on a dog breed. Anyway, SAMO has almost nothing to do with other dog-based cryptocurrencies.


Samoyed Coin runs on Solana and is a community-building, web-3 project with an aim to be more than just a dog-based meme coin. Its focus is on initiating people in the crypto market and informing them about all the good sides of cryptocurrencies.


This year SAMO entered the NFT market, releasing a collection of more than 5000 random NFTs, which sold in less than 10 minutes, at a price of 1 SOL for each. SAMO NFTs are now available at Solanart.io and FTX.US.


Samoyed coins have a maximum supply of 14 billion, and the protocol will burn 66.1% of them. 


The current price of SAMO is  $0.010466.


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