Memecoins, the New Faces of Cryptocurrency?

There is really no way traders and investors can keep up with the number of new and existing cryptocurrencies currently in circulation all over the world. There are thousands of them, and new ones are created everyday. However, one kind of cryptocurrency that has taken the world by storm in this past year has been the memecoin.

There have been quite a lot of discussions (and transactions) about the metaverse and NFTs recently, and as a result, we have seen meme coins move from what was initially considered to be just a joke to another source of investment for many people. 

There is no way we would talk about memecoins without paying homage to the 2 biggest names: Dogecoin (DOGE) and Shiba Inu (SHIB), which transcended the initial reputation of memecoins and transformed it into something greater.

Now, a newbie is following in the footsteps of its predecessors. The presale is still on, meaning you still have the opportunity to take advantage of the benefit of an early bird. Who are we talking about? Parody Coin (PARO)! 

Represented by its token name PARO, it is a decentralized platform (DeFi) that aims to create a free and fair ecosystem where users can interact while taking advantage of the myriad of amazing features on its platform.

In this article, we will explore the features behind this promising and thriving coin - Parody Coin (PARO).

The Creation of a Cost-Effective NFT Marketplace

Parody Coin (PARO) is built on the Binance Smart Chain (BSC). Its holders and users can now trade NFTs without incurring in high fees. This is because Parody Coin seeks to create copies of popular NFTs so that enthusiasts who do not have the funds to buy them before can now get them using the PARO native token. Parody Coin will therefore create an environment that fosters more participation and scales inclusion in terms of the easy accessibility to popular NFTs in the market. 

Parody Swap

For many who believe in the decentralized finance framework, it is established that Binance Smart Chain seeks to position people to connect to the different blockchains and conduct transactions without the need for any intermediary. Therefore, Parody becomes another viable tool through which people can interact with other blockchains.

Plus, you can swap any cryptocurrency in the metaverse and get the exact equivalent of that amount in PARO. Parodyswap allows you to change any token to PARO and vice versa for ease of accessibility and connectivity.