What is SHIBA INU (SHIB)?
The Shiba Inu coin was created anonymously in August 2020
under the pseudonym "Ryoshi". The meme coin quickly gained speed and
value as the investor community was attracted by the coin's humorous appeal,
paired with headlines and Tweets from figures like Elon Musk and Vitalik
Buterin.
Shiba Inu aims to be an Ethereum-based counterpart to
Dogecoin's Srypt-based mining algorithm. Shiba Inu and SHIB tokens are part of
a collection of dog-themed cryptocurrencies, including Baby Dogecoin
(BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan
Malamute Token (LASM). This lower-value token has attracted investors who
missed the Dogecoin pump from 0.0002 to almost 0.75 US dollars.
Once upon a time, there was a very special dog. The dog
was a Shiba Inu, and this dog inspired millions of people around the world to
invest money in tokens with pictures of dogs on them.
According to the SHIBA INU website, SHIB is the “DOGECOIN
KILLER” and will be listed on their own ShibaSwap, a decentralized exchange.
What is Floki Inu (FLOKI)?
Floki Inu (FLOKI) is a dog-themed meme coin, which calls itself not a meme coin but "a movement". This is a crypto asset born by fans and members of the Shiba Inu (SHIB) community. This coin is named Shiba Inu after Elon Musk
Musk is a big fan of Dogecoin, although he has publicly
denied owning SHIB. Floki Inu is working on “three flagship utility projects:“
An NFT gaming metaverse called Valhalla
An NFT and merchandise marketplace called FlokiPlaces
The content and education platform is called Floki
University
The community calls itself "Floki Viking" in
honor of Floki (Musk's dog) who was named after the Viking character. Floki Inu
vows to take his community's efforts seriously and has been listed in the Top
10 of LunarCrush's social engagement leaderboard several times. Floki Inu has
also partnered with CryptoCart, giving holders the option to purchase goods at
over 1,700 stores through a partnership with CryptoCart (CC). It is also
working on a similar partnership with Curate (XCUR) that will allow Floki
tokens to be used as a payment method on Curate's physical goods marketplace.
What Is PEPE?
PEPE is a deflationary meme coin launched on Ethereum. The
cryptocurrency was created as a tribute to the Pepe the Frog internet meme,
created by Matt Furie, which gained popularity in the early 2000s.
The project aims to capitalize on the popularity of meme
coins, like Shiba Inu and Dogecoin and strives to establish itself as one of
the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency
community by instituting a no-tax policy and being up-front about its lack of
utility, keeping things pure and simple as a meme coin.
From late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a "meme coin season," causing other meme coins — some launched within hours — to go on spectacular pumps and just as astonishing dumps. It remains to be seen if PEPE and other meme coins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run.
The PEPE roadmap features three phases, phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “takeover memes.”
What is WAX (WAXP)?
WAX (WAXP) is a purpose-built blockchain, released in
2017, designed to make e-commerce transactions faster, simpler, and more secure
for every party involved. The WAX blockchain uses delegated proof-of-stake
(DPoS) as its consensus mechanism. It is fully compatible with EOS.
The custom features and incentive mechanisms developed by WAX are intended to optimize the utility of blockchains specifically for use in e-commerce, with the goal of encouraging voting on proposals.
To make this possible, WAX created a suite of blockchain-based tools that can be built on top of decentralized application (DApp) marketplaces and non-fungible tokens.
Services such as WAX Cloud Wallet, SSO, and OAUTH support e-commerce operations, the latter being a native RNG service and developer portal. The WAX blockchain architecture supports 500 millisecond block times and zero-fee transactions for customers. It also leverages voting rewards to encourage participation in block producer elections and improvement proposals.
What Is Crypto.com Coin (CRO)?
Crypto.com Coin (CRO) is the native cryptocurrency token
of the Crypto.com Chain — a decentralized open-source blockchain developed by
payments, trading, and financial services company Crypto.com.
Crypto.com Chain is one product in Crypto.com's line of solutions designed to accelerate the global adoption of cryptocurrencies as a means to increase personal control over money, safeguard user data, and protect user identity. The CRO blockchain functions primarily as the vehicle that powers the Crypto.com Pay mobile payment application.
In the future, Crypto.com plans to expand the reach of its CRO platform to power other products as well.
CRO went live in November-December 2018.
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