Meme coins are not exactly new ideas in the DeFi space. In the beginning, no one took them seriously, mainly because they didn’t come with real-world uses to make them relevant. However, several of these coins are getting more noticed, with Dogecoin (DOGE) and Shiba Inu (SHIB) in the limelight. The market experienced significant growth in 2021 from the large demand for DogeCoin, and Shiba Inu, which led to a massive increase in the value of these currencies. Dogecoin had a surge of close to 8000%, and currently, SHIB has pumped to about 6 million percent from its Presale price. And that’s not all.
New cryptocurrencies are also being introduced with unique use cases that many participants in the cryptocurrency market cannot say no to. Newbie crypto Rocketize (JATO) is one cryptocurrency that falls in such a category, and if you’re looking for the next big meme coin to put your money in, you should consider it an option.
Rocketize (JATO) the new crypto on the blockchain
Meme coins are not only here to stay, but they are also giving more unique features for better relevance in blockchain crypto. Rocketize (JATO) aims to do this and more as an open-source, community-driven cryptocurrency in the DeFi space. Its token, JATO, will be the backbone of the ecosystem. It will be used in the system’s NFT marketplace, token governance, communications and promotions, bridges and swaps, and others. Rewards and revenue streams are also available to holders with the JATO token. 1% of transactions done will be replaced into the holder’s wallets, and money can also be generated through the NFT marketplace, intergalactic website games, and several adventures in the virtual world.
The community understands that the most crucial element to take into account in an economic system, where members exchange value with one another is the community. Therefore, Rocketize token will carefully use the power of the community as a varied and ever-expanding skill pool to advance the ecosystem. This will be accomplished by utilizing decentralized tools and governance, which allow organization members more power over their decisions. The Rocketize Token community promotes quick communication and various financial models, which helps the economy expand while also boosting participant growth.
Dogecoin (DOGE) the Godfather of meme coins
Dogecoin (DOGE) is considered the Godfather of meme coins, as it is the first meme coin to witness a massive growth in the DeFi space. It’s safe to say that this currency paved the way for many other meme coins that came after. It started as a joke but quickly developed and built its community of active users and holders. As of 11th June, Dogecoin has a live price of $0.06, with a market cap of $ 8 billion and a 24hr trading volume of $263 million. Dogecoin (DOGE) is an altcoin with a sizable user base, traded on several reliable cryptocurrency exchanges and retail investing platforms against fiat money and other cryptocurrencies.
On social media sites like Reddit and Twitter, where members routinely discuss cryptocurrencies, traders can swap real, tangible goods for DOGE. Dogecoin has also been utilized in Internet-based tipping systems, where social media users tip other users to deliver interesting or notable material.
Shiba Inu (SHIB) a crypto giant here to stay
Followed by DOGE, Shiba Inu is the next significant meme token to invade the crypto space. The cryptocurrency is packed with utilities that make it more functional than many other currencies in the cryptocurrency market. It is a decentralized community-driven meme token built on the Ethereum blockchain. Shiba Inu is an Ethereum-based ERC-20 token, so rather than having its blockchain, it is built on and hosted by the Ethereum network. It was created as an ERC-20 token because the Ethereum blockchain is considered secure, and allows the project to remain decentralized. Its ecosystem includes the Shiba swap, a platform to trade cryptocurrencies easily and the Shiba Inu incubator, and shiboshis, the community’s generated NFTs. Currently, SHIB is at a live price of $0.00001, with a market cap of $6 billion and a 24hr trading volume of $333 million.
So if you are looking for the next big meme coin to consider at a premium price and with great features, which resemble giants like Shiba Inu (SHIB) and Dogecoin (DOGE) then look no further than Rocketize (JATO). The new crypto could give you great returns in the future and help your portfolio flourish.