Disclaimer; You comply and understand that you should use any of this information at your own risk. Cryptocurrencies and Stocks are volatile financial assets, so research and make your own financial decisions.

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Dogecoin (DOGE)

Dogecoin was created as a tongue-in-cheek response to the popularity of Bitcoin, but has since become a serious player in the world of cryptocurrency. Launched in 2013, Dogecoin is an open-source, peer-to-peer digital currency that quickly gained a large following during the cryptocurrency boom of 2017.

The value of Dogecoin is largely dependent on the trust of its holders and merchants. While it started as a joke, Dogecoin has gained legitimacy in recent years as it is used by a Twitter-based community as a form of tipping and a means of transferring payments. One of the biggest supporters of Dogecoin is none other than Elon Musk, whose endorsement of the cryptocurrency has given it a significant boost. In fact, Musk's involvement with the Dogecoin community has likely played a major role in its longevity.

Looking ahead to 2023, experts and investors agree that Dogecoin is likely to see another surge in value and continue to have cultural significance. However, it is also wise to approach investments in the cryptocurrency market with caution, as the market is highly volatile and unpredictable. While many DOGE enthusiasts believe that Musk will soon declare DOGE to be Twitter’s official cryptocurrency, it is important to remember that no investment is guaranteed to be profitable. Nevertheless, as both the meme it symbolizes and the meme currency itself have entered common use on the internet, it seems that Dogecoin is here to stay, even if its long-term prospects remain uncertain.

Shiba Inu (SHIB)

Shiba Inu is a well-known meme currency in the world of cryptocurrencies. Although the market value of meme coins has decreased since 2022, the enthusiasm surrounding them remains high, and investors believe SHIB is a more viable option than many other cryptocurrencies.

For novice investors, Shiba Inu is one of the most affordable cryptocurrencies available, making it an appealing asset to start with. Furthermore, its tokenomics are a driving force behind its popularity. When SHIB was first introduced to the market, one quadrillion tokens were in circulation, and since then, almost half of this supply has been taken out of circulation.

In mid-2021, Vitalik Buterin, the co-founder of Ethereum, decided to destroy fifty percent of the tokens reserved for him during the launch of SHIB, resulting in a significant decrease in supply. This project has since introduced token burning, which suggests that the supply of SHIB tokens will continue to decrease over time.

As long as supply and demand continue to favor SHIB, it has the potential to become one of the top-performing meme currencies in the future. With its affordability and tokenomics, Shiba Inu is a cryptocurrency that may be worth considering for investors looking to get into the market.

Floki Inu (FLOKI)

Floki Inu, a meme currency featuring Elon Musk's dog, has gained a lot of attention since its inception, with the currency's value growing rapidly in just one year. It is built on the Ethereum network and operates on the ERC-20 token.

Similar to Dogecoin, the founders of Floki Inu are hoping to make their meme currency more useful and applicable in real-world scenarios. They are currently developing a platform called Floki Inuversity, which is designed to teach the next generation about blockchains and how they can be applied in various fields. In addition, the team is working on an NFT marketplace and a play-to-earn NFT metaverse game, which will allow users to earn while having fun.

Given these initiatives, it is expected that Floki Inu will continue to see growth and become a leading meme currency during the next bull run.

Disclaimer; You comply and understand that you should use any of this information at your own risk. Cryptocurrencies and Stocks are volatile financial assets, so research and make your own financial decisions.

Conclusion

If you are a beginner to investing in crypto these coins are cheaper and have built trust. (again not an advice, consider professional).

Hope it helped you.

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