Meme cryptocurrencies are becoming increasingly popular. They attract the attention of users with their concept. These coins are based on famous memes.
What is the interest of such currencies? The fact that they represent a unique investment opportunity. Many of them have a huge viral potential that depends on the popularity of the meme they are based on. These cryptocurrencies quickly gather a community of users who actively promote them on social media.
The first such coin to appear on the market was Dogecoin. It was created in 2013 on the basis of a meme with a popular dog of the Shiba Inu breed. Subsequently, Shiba Inu appeared as a parody of DOGE. To date, they occupy the first places in the top meme cryptocurrencies and continue to attract investors.
However, new promising cryptocurrencies are now being created. They are not only based on memes, but also offer real benefits. One such project will be discussed below.
AiDoge is not just a meme-based cryptocurrency, but an entire platform for creating unique memes
The power of community and meme culture is one of the defining features of trending cryptocurrencies. It’s a major reason why Dogecoin and Shiba Inu prices are on the rise, and a huge factor in why many people initially join the crypto industry. In this regard, the new meme token AiDoge could be expecting the same success.
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However, this coin offers more use cases and remains the only currency that can be used to access the innovative platform.
AiDoge is the first crypto project with integrated artificial intelligence (AI) technology that allows you to create topical memes.
These are generated based on text descriptions from the user and can reflect recent events and crypto trends.
When it comes to community-oriented projects, the community is best motivated by various reward methods. On the AiDoge platform, it’s possible to earn coins and credits through swiping, as well as by voting for the best meme.
New cryptocurrencies often get off to a great start. But after a couple months, the price starts to decline as the token has no real use. However, AiDoge compares favorably to its competitors in this regard, as the AI coin is needed for customers to access the meme creation tool. In other words, any demand for the use of AI generates revenue for the project, helping to sustain the ecosystem.
You can purchase the Ai coin at a minimum value of $0.000028 during the current presale. The token will soon rise in price to $0.0000284. By the way, the cryptocurrency shows very impressive presale volumes. At the moment, $3,576,827 worth of coins have been realized.
Pros of the AiDoge project:
- The platform has a “meme feed” where users can find new pictures.
- The AiDoge project uses smart contract auditing to ensure the security of the platform and its token.
- The limited supply (1 trillion) spurs investors to buy and could make Ai one of the best pre-sale coins of 2023.
Which cryptocurrency is profitable to invest in?
It can be difficult for new investors to decide which cryptocurrency to invest in. Also, beginners usually have a limited budget, so it is better for them to start with pre-sale projects.
There are many projects on the market at the presale stage. To navigate through them, you need to evaluate the main factors. They will help in choosing an idea for investing in cryptocurrency.
| Criterion | Explanation |
|---|---|
| The project should provide an opportunity to actually use its digital asset, for example, to pay for goods and services. | |
| The support of the community shows that the project can be trusted and also provides ways to attract liquidity. | |
| They are usually formalized in the form of a roadmap. The more detailed and realistic the steps outlined, the more likely the success of the team and the project. Effective work on this plan will ultimately have a positive impact on the price. | |
| Fixed number of coins, mechanism against value inflation create scarcity of crypto assets. Income instruments like staking – provide motivation to holders and increase the price of investment. | |
| It is very important that developers october their names and communicate with the community. Also, open source software code should be audited by independent experts. This increases the security of the project from the technical side and protects investments. |
What is a cryptocurrency listing?
It is a good option for investors who want to make a profit in the short term. Cryptocurrency listing is the process of adding a new token to an exchange for trading. It allows investors and traders to buy and sell it on the open market.
There are several ways to make money from cryptocurrency listing. The first is to buy coins before they go public on the exchanges. Once public trading opens, the price can rise significantly, giving early investors a chance to capitalize on the sale.
The second way is to trade cryptocurrency on an exchange. In this case, you can earn more if the price of the coin starts to rise as the project develops.
The third way is to participate in a staking program, access to which will open after listing. In this case, investors can earn passive income thanks to their tokens.
Completion
Analysts believe that AIDOGE has the potential for 100x growth thanks to the utility of the tokens and the popularity of internet memes. They also expect that once the coins are listed on exchanges, their value could increase many times over.
However, before making a final decision, it is recommended to conduct independent market research, remember the volatility of cryptocurrencies and the risks associated with such investments.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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