Dogecoin (DOGE) and Shiba Inu (SHIB) are crypto behemoths. Critics argue that they are novelties with no genuine utility and that they are hence scams or jokes. Meme currencies have proven to be here to stay in the last year or two, for better or worse. Cryptocurrencies with greater usefulness, such as Polygon (MATIC) and the soon-to-be-released Seesaw Protocol (SSW), aspire to achieve similar levels of
SSW
popularity while also delivering additional value to their holders.
Meme coins are based on humour and frequently serve as the foundation for enormous communities. They're also a simple and clear way for newcomers to get into crypto. Dogecoin (DOGE) was founded in 2013 as a parody of Bitcoin by Billy Markus and Jackson Palmer, with the goal of appealing to the general public rather than crypto enthusiasts. It has gotten a lot of attention since then, including an unofficial mascot in the form of Elon Musk. Tesla's CEO permitted customers to pay for Teslas with DOGE for a short time.
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