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What Meme Coins will explode in 2023? Dogecoin and Shiba Inu face stiff competition as DogeMiyagi Enters Market

By Guest Writer • Published: 06 Jul 2023 • 12:30

With the rise of the crypto market, meme coins are experiencing a booming popularity. These coins draw inspiration from internet memes and social media trends, captivating investors with their adorable faces. Not only do they exude cuteness, but they also demonstrate a steady rise in value each passing day. These new coins are gaining a subtle yet firm foothold in the world of cryptocurrency.

This article will explore top meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) including one of the top presale coins to emerge in 2023: DogeMiyagi (MIYAGI). As the race for the top memecoin continues, we will have a look at how these coins position themselves to take the throne.

DogeMiyagi: Set for 2023 Takeover

DogeMiyagi (MIYAGI) is a new crypto that is inspired by the success of the original meme coin, DOGE. It is catching the attention of many investors as it is offering a very secure alternative to the upcoming volatility of other coins.

The cryptocurrency draws inspiration from the famous Karate Kid film, incorporating themes of memes, humour, and nostalgia. One unique aspect of DogeMiyagi’s branding strategy is its burning token model, which aligns with the community’s interests in increasing token value.

The project has planned five burning dates, coinciding with the US release dates of the Karate Kid film. These burning events hold the potential to boost the token’s value while strengthening the bond between the community members.

Furthermore, DogeMiyagi’s referral program adds another layer of community engagement. With a 10% commission on every referred investment, the project incentivises its community members to invite others, fostering growth and creating a network effect.

This adoption aligns perfectly with Dog Miyagi’s objective of empowering its community while encouraging its expansion.

Shiba Inu: From Japan to the World

SHIB is the main token of the ecosystem, bringing the power of a decentralised, community-led currency to millions across the globe.

The burn rate of SHIB has experienced a significant surge, witnessing a remarkable 1,619% increase compared to the previous day’s unusually low figures.

Over the last 48 hours at the time of writing, around 330 million SHIB tokens underwent a permanent removal from circulation through the burning process, leading to a reduction in the total supply. This increase in the burn rate of Shiba Inu has a favourable effect on its price by instilling scarcity through a decrease in the token’s supply.

Dogecoin: From Joke Meme Coin Glory

The coin is based on the popular “doge” internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013.

DigiToads: Frogs making Money

When it comes to new crypto currencies in the market like DigiToads,

which is a toad-themed meme coin designed to provide a P2E and S2E ecosystem to users.

It is currently in its ninth presale stage priced at only $0.047, TOADS ERC20 coins’ price has increased by 370% since the first stage, promising skyrocketing growth for its early adopters once it hits the exchanges.

The token is focusing on offering a multi-functional platform that involves a decentralised exchange, merchandising, staking, NFTs, and a P2E ecosystem.

With the increase in the likeness of memes and taking each instance as a joke, investors are in fun or being headstrong are going towards the meme coins as their preferred investment, they are taking all chances as coins like DogeMiyagi and DigiToads are proving more than just some laughable memes.

DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi