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Shiba Inu (SHIB) has cemented its place as one of the top meme coins in the crypto markets, making massive gains in 2021. ShibaSwap is a decentralized crypto exchange (DEX) that allows you to trade on a peer-to-peer basis.
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Shaping the Future: Shiboshis Paves the Way for a Groundbreaking Breeding Experience
The Shiba Inu ecosystem is currently buzzing with excitement, and the recent recognition of @shiboshisworld is a major catalyst behind the anticipatory atmosphere. LucieSHIB, a Shiba Ecosystem marketing representative, emphasizes the potential this recognition holds for future gaming experiences on Shibarium and the intriguing breeding aspects. Both longstanding supporters and curious newcomers are drawn into this excitement, with the upcoming reveal of @shiboshis adding another layer of anticipation to the community.
Despite a minor 2.36% decrease in value this week, Shiba Inu maintains its resilience. Priced at $0.000009, the token's substantial trading volume exceeding $139 million keeps it in the limelight. Enthusiasts of Shiba Inu remain optimistic about its future trajectory, undeterred by the slight dip in its value.
In contrast, Bone ShibaSwap exhibits resilience amidst market fluctuations, displaying a positive uptick of 3.17%. Priced at $0.607622 with a trading volume of around $6.7 million, Bone ShibaSwap signals potential stability and growth, providing hope for its investors.
However, Doge Killer experienced a 4.32% decrease in its price, now at $285.33. Despite this setback, the trading volume of $1.9 million indicates the community's sustained interest and faith in its recovery and future prospects.
The developments of this week underscore the volatile nature of the cryptocurrency market, where fortunes can swiftly change. Nevertheless, the community's engagement and hope remain unwavering, driven by the unpredictability and the promise of new advancements.
As the Shiba Inu ecosystem, including Shibarium and other platforms, continues to evolve, there's a palpable sense of anticipation for the innovations that could shape the future of digital currencies. The community is poised and ready to embrace the challenges and opportunities in this ever-evolving domain.
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#TOADKILLER
#BADideaai
#LEASH
#SHIB
#BONE
ï»żdon't sleep on this gem on shibarium
ï»żsupershib ($sush)
ï»żfind it on geckotermiinal
ï»żSearch for Vatoshi Vergamoto on Twitter
ï»żsmart contract 0x5bfc6e91cd7add9b28dd46c4b42dd9b812f4b2c2
#shib#shiba inu#toad#shibaswap#shibarium#shibarmy#shytoshi kusama#dogecoin#ethereum#ether#bitcoin#btc#supershib#eth
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ihttps://shibaswap.support/
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The ShibaSwap instance is an excellent illustration of how a cryptocurrency app can succeed if it is specifically tailored for a community and created to optimize that group's participation with it. ShibaSwap originally began as a fork, but it has matured to the point where it is adapted to suit the ecosystem of its three flagship coins by changing the reward allocations. As a result, its operation is far from straightforward or simply replicable.
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Shiba Inu (SHIB) has cemented its place as one of the top meme coins in the crypto markets, making massive gains in 2021. ShibaSwap is a decentralized crypto exchange (DEX) that allows you to trade on a peer-to-peer basis.
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New Post has been published on https://primorcoin.com/dogecoin-bonk-and-shiba-inu-combine-for-25-billion-in-monthly-trading-volume/
Dogecoin, Bonk and Shiba Inu Combine for $25 Billion in Monthly Trading Volume
To say dog-themed cryptocurrencies are popular is a bit of an understatementâin terms of just how prevalent theyâve become ever since Tesla founder Elon Musk first tweeted about Dogecoin in 2019.
The now-owner of Twitter famously said, âDogecoin might be my fav cryptocurrency.â Years later, hundreds of dog-themed tokens are now vying for similar attention.
As one Reddit user recently pointed out, nearly all of the top 10 tokens under CoinGeckoâs so-called meme section make some reference to manâs best friend, whether thatâs coins like Dogelon Mars or Doge Killer.
Dogecoin might be my fav cryptocurrency. Itâs pretty cool.
â Elon Musk (@elonmusk) April 2, 2019
While Dogecoin and Shiba Inu are undoubtedly leaders in this category, the recent rise and fall of Solana-based Bonk Inu (BONK) has captivated many crypto traders, accompanied by a line of BONK NFTs and kicking off a surge in the price of Solana itself.
Even though BONK launched on Dec. 25, the three tokensâDOGE, SHIB, and BONKâhave accounted for around $25.6 billion in trading volume over the past month, according to data from CoinGecko. By comparison, Bitcoin has accounted for $618.7 billion worth of trading volume.
For the time being, Dogecoin remains the top dog among a cadre of canine-themed coins, with $17.5 billion in trading volume over the past month compared to $7.2 billion for Shiba Inu and $885 million for BONK since launch.
Itâs hard to say whether any meme token will ever come close to Dogecoinâs meteoric rise of reaching 73 cents, a price it achieved in May of 2021 just before Musk made an appearance on the comedic television show Saturday Night Live, where he called the coin a âhustle,â and Dogecoin then plummeted 20% in a single hour.Â
Dogecoin and Shiba Inu are currently down upwards of 86% from their all-time highs, and Bonk Inu is already 76% below its highest price of $0.00000487, set just 14 days ago.
Yet, many tokens out there seek to emulate Dogecoin by leaning heavily on the tokenâs name. There are at least 169 cryptocurrencies tracked by CoinGecko that include some variation of Doge in their name, and they have seen over $323 million in trading volume in the past month.
While it did not draw inspiration directly from the tokenâs name, Shiba Inu is an Ethereum-based riff on Dogecoin that launched in 2020, adopting the same dog breed as Dogecoin as the networkâs mascot and moniker. This leads to Bonk Inu, itself a riff on Shiba Inu, but built on Solana, a network designed to compete with Ethereum.
One of the key differences between Bonk Inu and Shiba Inu compared to their Musk-touted predecessor is that the two newer tokens operate on existing proof-of-stake networks. But Dogecoin, like Bitcoin, is a proof-of-work cryptocurrency that is mined and operates on its own blockchain.
Shiba Inu also has its fair share of copycats, with 112 coins mentioning Shiba in their name, which saw over $224 million in trading volume over the past month.Â
Over the past day, Shiba Inuâs price had risen 6.1% to $0.00001137 as of this writing, following an announcement from the coinâs development team that a layer-2 upgrade would soon launch and implement a burn mechanism, among other improvements.
Even the creation of Bonk, which also recently announced a token burn, has spawned a handful of imposters so far, such as Dogebonk, Shibonk, and Catbonk. Five coins that contain Bonk in their name have totaled around $253 million in trading volume since the token launched, according to data from CoinGecko.
Many of these copycat coins are even more volatile than the meme tokens theyâre based on or could be outright scams. On Tuesday, blockchain security firm PeckShiled alerted that a copy of BONK built on Ethereum sidechain Polygon had plunged nearly 97% out of the blue.
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#Blockchain #Crypto #CryptoNews #DOGE #DogeCoin #ElonMusk #SHIB #Shibaswap #ShibaToken #TraedndingCrypto
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Which Memecoins Could Make You a Millionaire This Year?
Introduction
The cryptocurrency market is no stranger to wild fluctuations and incredible stories of overnight wealth. Among the many types of digital assets, memecoins have carved out a unique niche. Born from internet memes and cultural phenomena, these tokens often start as jokes but can transform into serious investments. This year, several memecoins have captured the marketâs attention with their potential to generate substantial returns. In this blog, weâll explore which memecoins could potentially make you a millionaire in 2023 and why they are worth considering.
Understanding Memecoins
What Are Memecoins?
Memecoins are a type of cryptocurrency that typically derives value from their association with internet memes or cultural trends. Unlike traditional cryptocurrencies that often have strong use cases or technological foundations, memecoins thrive on community engagement and viral marketing. Their success is driven largely by social media buzz and the collective enthusiasm of their communities.
Why Invest in Memecoins?
While memecoins are often viewed as high-risk, high-reward investments, they offer unique opportunities. Their low initial cost allows for substantial holdings, and their potential for rapid, viral growth can lead to significant returns. However, itâs crucial to approach these investments with caution and conduct thorough research.
Top Memecoins to Watch in 2023
Dogecoin (DOGE)
The Original Memecoin
Dogecoin started as a joke in 2013, inspired by the popular âDogeâ meme featuring a Shiba Inu dog. Despite its humorous origins, Dogecoin has become a staple in the crypto community, known for its active and loyal fan base.
Why Dogecoin?
Celebrity Endorsements: High-profile endorsements from figures like Elon Musk have boosted Dogecoinâs visibility and credibility.
Community Support: Dogecoin has a large and engaged community that drives its adoption and use.
Real-World Use Cases: Increasing acceptance of Dogecoin for transactions and tipping in various platforms adds to its value proposition.
Shiba Inu (SHIB)
The Dogecoin Killer?
Shiba Inu was created as a direct competitor to Dogecoin, often dubbed the âDogecoin Killer.â It has quickly risen in popularity and amassed a significant following.
Why Shiba Inu?
Tokenomics: Shiba Inu has a large supply and a robust burning mechanism to reduce the number of tokens in circulation, potentially increasing value.
Decentralized Ecosystem: SHIB supports its own decentralized exchange, ShibaSwap, which adds utility to the token.
Community Engagement: Like Dogecoin, Shiba Inu benefits from a passionate and active community.
SafeMoon (SAFEMOON)
The Deflationary Token
SafeMoon introduced a unique tokenomics model designed to encourage holding and discourage selling. It includes a reflection mechanism that redistributes fees to existing holders.
Why SafeMoon?
Tokenomics: SafeMoonâs deflationary model can increase scarcity and potentially drive up value.
Development Roadmap: The SafeMoon team has an ambitious roadmap, including plans for a blockchain, exchange, and wallet.
Community and Marketing: Effective marketing and a strong community presence contribute to SafeMoonâs ongoing popularity.
Samoyedcoin (SAMO)
Solanaâs Memecoin
Samoyedcoin is one of the leading memecoins on the Solana blockchain. Inspired by the Samoyed dog breed, this token leverages Solanaâs high-speed transactions and low fees.
Why Samoyedcoin?
Fast Transactions: Solanaâs high throughput ensures quick and cost-effective transactions.
Growing Ecosystem: As Solana gains traction, memecoins on this blockchain, like SAMO, benefit from increased visibility and adoption.
Active Community: A dedicated community helps drive the tokenâs growth and engagement.
Dogelon Mars (ELON)
A Space-Themed Meme
Dogelon Mars combines themes of Elon Musk, Dogecoin, and Mars exploration. It has carved out a unique niche within the memecoin landscape.
Why Dogelon Mars?
Unique Branding: The space exploration theme appeals to many within the crypto community.
Charitable Initiatives: Part of the projectâs mission includes donating to space exploration research.
Community-Driven: The token has a strong, supportive community that promotes its adoption and use.
Floki Inu (FLOKI)
Inspired by Elon Muskâs Dog
Floki Inu, inspired by Elon Muskâs pet dog Floki, aims to create a DeFi ecosystem combined with NFTs.
Why Floki Inu?
Celebrity Connection: The association with Elon Muskâs dog boosts its appeal.
DeFi and NFT Integration: Plans to integrate DeFi and NFTs add potential utility and value.
Marketing Campaigns: Aggressive marketing strategies have increased awareness and interest.
Strategies for Investing in Memecoins
Do Your Research
Before investing in any memecoin, itâs essential to conduct thorough research. Look into the tokenâs history, development team, community support, and market performance. Websites, whitepapers, and community forums can provide valuable insights.
Diversify Your Portfolio
Diversification is key to managing risk in any investment portfolio. Spread your investments across multiple memecoins and other types of cryptocurrencies. This strategy can help mitigate potential losses if one investment doesnât perform well.
Stay Updated
The crypto market is highly dynamic, and staying informed is crucial. Follow news and updates related to your memecoin investments. Social media channels, especially Twitter and Reddit, can provide real-time information and community sentiment.
Be Cautious with Hype
While memecoins thrive on hype, itâs important to approach them with caution. Avoid making investment decisions based solely on social media buzz. Analyze the fundamentals and consider the long-term potential of the token.
Understand the Risks
Memecoins are known for their volatility. Prices can fluctuate dramatically within short periods. Be prepared for significant price swings and invest only what you can afford to lose.
Use Secure Wallets
Ensure your investments are stored in secure wallets. Hardware wallets and reputable software wallets offer the best security features. Avoid keeping large amounts of cryptocurrency on exchanges for extended periods due to security risks.
Have a Clear Exit Strategy
Define your financial goals and establish a clear exit strategy. Determine at what profit levels you will sell part or all of your holdings. Similarly, set stop-loss levels to minimize potential losses.
Engage with the Community
Active participation in the community can provide valuable insights and keep you informed about the latest developments. Join discussions on platforms like Reddit, Discord, and Telegram to stay connected with other investors and the development team.
Monitor Whale Movements
Large holders, or âwhales,â can significantly impact the price of memecoins. Monitor transactions of large wallets to anticipate potential price movements. Tools like Whale Alert can help track these activities.
Stay Patient and Disciplined
Patience and discipline are essential for successful investing. Avoid making impulsive decisions based on short-term market movements. Stick to your investment strategy and remain focused on your long-term goals.
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Conclusion
The world of memecoins offers exciting opportunities for investors willing to navigate its high-risk, high-reward landscape. Dogecoin, Shiba Inu, SafeMoon, Samoyedcoin, Dogelon Mars, and Floki Inu are among the top memecoins to watch this year. Each of these tokens has unique features and strong community support that contribute to their potential for significant returns.
By conducting thorough research, diversifying your investments, staying informed, and maintaining a clear strategy, you can increase your chances of achieving financial success with memecoins. Remember, while the potential for high returns is real, so are the risks. Invest wisely, stay engaged with the community, and keep a long-term perspective to navigate the volatile but rewarding world of memecoins.
As the cryptocurrency market continues to evolve, memecoins will undoubtedly play a significant role in shaping its future. Embrace the opportunities, stay informed, and you might find yourself among the next wave of memecoin millionaires. Happy investing!
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WEEX has become the initial CEX collaboration platform for Shibarium and will work together with Shibarium's top-tier projects in the ecosystem on Launchpad
BlockBeats news, on June 11, the crypto trading platform WEEX announced a strategic partnership with the Ethereum L2 project Shibarium, and will select high-quality targets from the thousands of projects on the Shibarium chain for Launchpad and coin listing cooperation to support the development of the Shiba Inu (SHIB) community. Shiba Inu development advocates have agreed to use WEEX as the preferred CEX cooperation platform for Shibarium hackathons and qualified new projects in the global developer community.
In addition, in August this year, WEEX Global VP Andrew Weiner will attend the "Blockchain Futurist Conference" co-hosted by Shiba Inu and K9 Finance DAO. K9 Finance DAO (KNINE) will be the first cooperation project and will be the beginning of their deep partnership.
Shibarium is an Ethereum Layer 2 scaling solution that aims to solve the high gas fees and slow transaction speeds in the Shiba Inu ecosystem. It uses Bone ShibaSwap (BONE) tokens as gas fees and provides faster transaction speeds and lower costs. K9 Finance DAO is the official DeFi protocol of SHIB, which aims to introduce decentralized finance to Shibarium and incentivize developers to build products on Shibarium through rewards. It is expected that up to 1,000 projects will be created on Shibarium in the next 12 months. WEEX Launchpad is one of the important use cases of WEEX platform currency WXT, which will provide exclusive airdrops for popular projects to WXT holders. What is WEEX WXT:
Know WXT: https://markets.businessinsider.com/news/stocks/weex-launches-wxt-presale-affiliates-can-purchase-at-a-30-discount-with-invitation-points-1033442484
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TL;DR The Shiba Inu neighborhood faces warnings a couple of pretend airdrop from a malicious Shibarium tech channel. Scammers exploit the memecoinâs branding for fraudulent schemes, prompting cautionary recommendation on connecting wallets to unfamiliar decentralized apps. A SHIB-related token, Calcium (CAL), is flagged as having no future worth by a Shiba Inu developer. âKeep Secureâ The Shiba Inu neighborhood acquired one other stark warning that might stop buyers from turning into victims of fraud. The X (Twitter) member utilizing the deal with Vet Kusama warned there's a malicious Shibarium tech channel that gives a pretend airdrop. I simply got here throughout the pretend shibarium tech channel. Please bear in mind âNO AIRDROPâ. Keep protected #ShibArmy pic.twitter.com/T6VzaQ8rHE â Vet KUSAMA âą (@vetkusama) October 16, 2023 Beforehand, they alerted the neighborhood that the SHIB Telegram admin account was compromised, and hackers have used it to advertise one other non-existing token distribution. The crew behind the favored memecoin shortly solved the problem. The accountâs passwords have been modified, whereas the X profile has carried out a two-factor authentication (2FA) to forestall one other attainable jeopardy. Different Shiba Inu Scams within the Previous Month LUCIE â Shibariumâs Advertising and marketing Strategist â warned that wrongdoers may make use of the memecoinâs identify and the brand of the just lately launched layer-2 blockchain answer Shibarium of their fraudulent initiatives. As such, they suggested folks to conduct correct due diligence earlier than hopping on the bandwagon. Shibarmy Rip-off Alerts â the X account devoted to defending from fraud â additionally sounded the alarm, sustaining that people ought to pay particular consideration when connecting their cryptocurrency wallets to unknown decentralized purposes. The crew urged that scammers are âartfulâ and may create Dapps that look an identical to the unique ones associated to Shiba Inu (SHIB), Bone ShibaSwap (BONE), Doge Killer (LEASH), and different memecoins. Final however not least, Shiba Inu developer Kaal Dhairya alerted merchants to avoid SHIB-related token Calcium (CAL). The asset was created âjust for the particular function to mint and resign BONEâ and won't have any future worth, they insisted. SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Supply: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.
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The price fluctuations in the Shiba Inu shocked the Cryptocurrency market on Wednesday, September 27. The news was related to the vanishing of the Shiba Inu coin overnight which directly hiked the burn rate up to 1000%. What is Actually Happening? Shiba Inu (SHIB), one of the most popular meme coins introduced in August 2020 by Ryoshi, an anonymous founder. With time, the coin grasped much more popularity, ranking second in the list of meme tokens. Recently, the coin has become a highlight. The coin vanished overnight, resulting in an increased burn rate. On Wednesday, a sudden hike was experienced in the burn rate of Shiba Inu, hitting 1000% in the past 24 hours. The action of permanent removal of some of the Shiba Inu toke from circulation is considered to be one of the main reasons behind the same. Based on the report of Benzinga, the hike came just after a staggering 164 Million SHIB tokens were indelibly removed from circulation. The prediction is made based on the data from Shibu Inc. burn tracker Shibburn. Considering the data of Etherescan, two dormant crypto wallets, including â0x6abâ and â0xA75â, received substantial withdrawals of SHIB tokens from exchanges such as MEXC and Binance. The withdrawal amount was around 16 Billion SHIB. The current situation shows the emergence of new Shiba Inu whales in the market, holding around $500,000 in SHIB.       According to Shytoshi Kusama, the lead developer of Shiba Inu, the platform is planning to offer something unique to Crypto enthusiasts. Shibarium, ShibaSwapâs gas token, the development team has revealed that the minting process for the remaining BONE supply is all set to be accomplished. Following the statement, rewards associated with the BONE over the ShibaSwap platform will be offered to the users soon. The rewards are expected to take the users to a new token named âTREATâ.  Current Stats of Shiba Inu Shiba Inu gained much popularity in very little time, ranking second in the list of meme tokens only after Bitcoin (BTC). The passion of the SHIB community and the selling of NFT collections better represent the rising appeal of Shiba Inu in the crypto space. Focusing on the current performance of Shibh Inu, the SHIB coinâs current price is $0.000007244, a hike of 0.39% in the past 24 hours. With a market cap of $4 Billion and a 24-hour volume of $78 Million, the coin is all set to rock the crypto stage. The circulating supply of Shiba Inu is 589,346,914,631,298 SHIB and the total supply is 589,589,040,239,380 SHIB. The coin is available at cryptocurrency exchanges including Binance, Bybit, Cointr Pro, OKX, and DigiFinex.    Conclusion Shiba Inu, one of the main tokens in the cryptocurrency world experiencing high burn rates, vanishes millions of tokens overnight. The active involvement of the community with the coin buying and selling represents the bright future of Shiba Inu.     Â
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Best Ways to Make Money with Crypto: Rollblockâs Revenue Sharing & Shiba Inu Staking Rewards Top The List
There are numerous ways to make money with cryptocurrencies. âBuy low and sell highâ is a widely executed strategy, but it can be quite tricky. No one knows when crypto prices will actually be âlowâ or âhigh,â and this makes it difficult to execute.Â
Recently, Rollblockâs revenue sharing model and Shiba Inuâs staking rewards have drawn the attention of investors. This makes these coins ideal investment options. Investors are also looking at Dogecoin, which kickstarted the whole meme coin concept.Â
Rollblockâs revenue sharing model wows crypto expertsÂ
Rollblock is an online crypto casino whose main offering is a provably fair gaming model, possible via its integration with blockchain technology and total dedication to transparency and trustworthiness. But this doesnât mean that it doesnât sport other features that are making crypto enthusiasts gravitate towards it.Â
Of notable mention is its revenue sharing model, which sets apart a generous share of the revenue it generates every week and distributes it amongst RBLK holders. This way, RBLK investors get to make a steady stream of passive income while benefiting from its rising price. It also helps Rollblock to build a healthy community of fans, which will be material to its long-term growth and success.Â
Crypto investors are rushing the Rollblock presale due to these offerings. Launched towards the end of the year, it has raised $8 million from thousands of investors, with 28 million RBLK tokens sold. More people are expected to jump on the Rollblock presale, benefit from its revenue sharing model, and make amazing investment returns as well.Â
Dogecoin resurgence in the works as meme coins eye a comeback
Meme coins like Dogecoin dropped drastically during the market correction in December. But a $1 billion inflow into Pepe in recent times suggests the worst could be over. The meme craze could be back in season, and Dogecoin will ride it to the hilt.Â
Nevertheless, Dogecoinâs price is still struggling, having dropped by over 25% month-to-date. The coinâs daily trading volume remains strong, with billions of DOGE traded each day. This shows that investors are still interested in Dogecoin. Maybe now would be a good time to execute that âbuy low, sell highâ strategy on DOGE.Â
Will Shiba Inuâs staking rewards keep SHIB afloat?Â
Shiba Inu is another meme coin going through a torrid time, but unlike DOGE, which has no utility, SHIB holders can stake it and earn rewards. This can be done on ShibaSwap or even on crypto exchanges like Binance, and itâs probably the major reason preventing some SHIB holders from jumping ship.Â
In essence, sticking with Shiba Inu during these trying periods might be well worth it. Shiba Inu is expected to bounce back in the new year, and SHIB stakers are also rewarded for holding onto the coin. As an investor, it wouldnât be that bad to be considering the token at the moment.Â
ConclusionÂ
Shiba Inu and Dogecoin might go through a resurgence and fetch decent gains, but experts recommend Rollblock for superior profits. A rising star in the GambleFi space, it has risen by 300% already and is set to go up by 800% before the presale ends. At a price of $0.0445, it offers the best crypto profits in this age, and everyone wants a piece of it.Â
Discover the exciting opportunities of the Rollblock (RBLK) presale today!Website:Â https://presale.rollblock.io/Socials:Â https://linktr.ee/rollblockcasino
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BTFD Impresses Investors With Staking Rewards as BONE and BAN Fuel the Meme Coin Bull Season
The cryptocurrency world has witnessed explosive growth in meme coins, with projects like Dogecoin and Shiba Inu capturing the hearts of investors and meme lovers alike. Recently, BTFD Coin (BTFD), Bone ShibaSwap (BONE), and Comedian Coin (BAN) have emerged as some of the most talked-about contenders in the meme coin space. What makes these coins stand out? Letâs break down why these three coinsâŠ
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