CryptoCrypto Investing

Meme Metaverse Coins: Is It Worth to Fund Such Projects?

5 Mins read

Meme cryptocurrencies are the type of investable currency and not subsidized by anything. Meme coins rely on the internet meme or jokes. Although Ethereum hits high all-time nowadays, meme coins attract most of the attraction. 

The cryptocurrency world is continuously growing and changing as new coins are arriving. However, meme Metaverse coins accommodate massive uses potentials in the coming days of digital platforms.

We will see the top five meme Metaverse coins worth investing the money into in the coming section.  

What is Dogecoin (DOGE)?

It is the most successful meme coin that encountered billion dollars worth. It has proved the viability of cryptocurrency at a similar pace to severe projects. Identical to the ETH and BTC, DOGE functions on blockchain technology. Being listed on Coinbase, DOGE showed a massive price surge.

DOGE price history

DOGE/USDT daily chart
DOGE/USDT daily chart 

Dogecoin is trading at $0.14, and its total market capitalization stands at $26.5 billion. Currently, the supply of 132 billion dollars is in circulation. The Dogecoin figure of its supply circulation may continue to increase due to having inflationary pressure on supply. 

Where to buy DOGE?

DOGE is currently trading around $0.14 after an impulsive bearish momentum. If the price can break over the $0.20 price level with an impulsive daily bullish close, you can buy DOGE with a higher probability.

What are the perspectives of Dogecoin?

There is a chance for Dogecoin to grow, yet it has no further likelihood to increase 10,000% more. Still, with Dogecoin, it is a fame game. The perspective of this asset is tricky. Yet some outstanding figures might foretell highly high prices, but the rationale does not connect with the fundamentals. However, the extraordinarily high price point upturn of DOGE coins may fascinate the traders; still, it won’t be that effortless due to its unlimited supply.

What is Shiba Inu (SHIB)?

Shiba Inu is another famous market coin with the most robust community support. It was developed as an experiment in creating an open community. The Shiba Inu team kept going to initiate and create components for the crypto. 

SHIB price history

DOGE/USDT daily chart
DOGE/USDT daily chart 

SHIB is trading at $0.000020, and its total market capitalization stands at $20.7 billion. Currently, the supply of 549 trillion dollars is in circulation. The Shiba Inu total figure of supply of 589 trillion dollars. 

Where to buy SHIB?

SHIB is currently trading around the $0.000020 price level and may decline further lower. If the price continues its bearish momentum towards the $0.000010 price level, you can buy SHIB coin from the $0.000010 price area.      

What are the perspectives of the SHIB?

SHIB may reach $0.0000878 by the end of 2022. Also, for 2023, it could arrive at $0.0000889. Having an ample supply in circulation restricts the high price within a realistic market cap. And for such a huge amount of supply, there is a doubt that SHIB price has the potential to arrive at $0.01 by the end of this decade. 

What is Doge Dash (DogeDash)?

DogeDash is not just a meme coin; it is more than that. DogeDash put forward a fun game, much of a muchness of the flappy bird where players get rewarded by DogeDash tokens. Players gather coins and may gain around 10,000 DogeDash to reach the final level. It costs 100 coins for each Dash.

DogeDash price history

DogeDash/USD daily chart
DogeDash/USD daily chart 

DogeDash is a BSC BEP-20 token. It is trading at $0.0003269, and its total market capitalization stands at $75 million. Currently, the supply of 54 billion dollars is in circulation. DogeDash’s total figure of supply of 90 billion dollars. 

Where to buy DogeDash?

The token nose dive after hitting an all-time high $0.00070 price level. As per the current price action, the price may decline further lower in the coming days. So, if the bulls regain momentum and had an impulsive daily bullish close above $0.00036 price level, you can buy this token in the days ahead. 

What are the perspectives of DogeDash?

In the crypto world, DogeDash is a recognized and well-established meme coin. It has secured a pleasant history of going through plenty of amendments for carrying its dynamic nature. Hence, this quality of the DogeDash makes it a reliable meme coin for investing in it.

What is Hoge Finance (HOGE)?

Hoge Finance alleges of being the DeFi projects run by the realistic community, and users get rewards for holding them. Moreover, Hoge Finance presents an NFT named HOGE Moments. HOGE merges meme aspect and yield farming using the Ethereum DeFi framework.   

HOGE price history

HOGE/USD daily chart
HOGE/USD daily chart 

HOGE has a supply circulating and a total supply of 402 billion dollars. Also, it has a max supply figure of one trillion. Its market capitalization is $98 million and trading at $0.00010.

Where to buy HOGE?

HOGE is currently trading around the $0.00010 price area, the lowest since October 2021. So, it is high time to buy the asset as the price may revert to new highs in the coming days. 

What are the perspectives of the HOGE?

HOGE is a deflationary currency implies that its circulation will not go more than the current circulation. With each HOGE transaction, 1% of that transaction is diminished from the total supply which elevates the shortage of circulated HOGE. 

Moreover, another 1% is distributed to all the HOGE holders. It elevates the value of the rest of HOGE in circulation and decreases the supply at a time means deflation. Hoge is distributed utilizing the token that ends up spreading the HOGE uses with all probable. Thus the net value of the individual HOGE holder increases with every transaction that happens in the network. It is anticipated that throughout 2022 HOGE’s price may reach at least $0.00029333 to a maximum of $0.00034519 along with an average price of $0.00030163. 

What is Dogelon Mars (ELON)?

Dogelon Mars is the doge-themed meme coin that objected to cloning the success of Dogecoin while conveying the Mars colonizing plan of Elon Musk. In a Uniswap liquidity pool,  50% of all the ELON liquidity locked by its founders. The rest of the 50% was donated to a wallet owned by the founder of Ethereum.

ELON price history

Dogelon/USDT daily chart
Dogelon/USDT daily chart 

ELON has a circulating supply of 555 billion dollars. The market capitalization of ELON is $721 million and trading at $0.00000080. Also, it has a total supply figure of one quadrillion. 

Where to buy ELON?

ELON is currently trading around the $0.00000080 price level and may decline further downside. So, if the price declines towards the $0.00000040 price level and bounces back with a daily bullish candle, you can buy ELON with a high probability.  

What are the perspectives of the ELON?

ELON has the potential to emerge as the rival of the SHIB due to having the same tokenomics. Moreover, both of them had given out major donations for charities and global organizations to support making a better place.

Pros and cons

Worth to buyWorth to getaway
If invested before the peak popularity of any certain meme coins, it may potentially gain profit. It is greatly influenced by public opinions.
After hitting popularity, meme Metaverse coins crypto becomes very valuable against what was paid for it. A minimal amount of meme coins are backed by the blockchain.
It may develop the promotion of the virtual economy.Meme Metaverse coins are extraordinarily volatile.

Final thoughts

To wrap up, a meme Metaverse coin is incited from the memes and inside jokes. The value of such coins is highly volatile and hugely influenced by public opinion. Moreover, exiting celebrity endorsement gives both advantages and disadvantages to the traders. 

In most cases, meme coins are not deemed secure and dependable since some of the coins have been proven to be scams. Before investing in the meme, coins are not supervised under any regulatory safety net.

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