Meme coins have become more than just a fad in past years. Over time, they have become favorable investments that many people have made a fortune out of, and some even speculate that they could be the future of crypto.
The group of tokens that made this category very popular can be referred to as ‘Doge’ tokens, and consists of the iconic rivalry between Dogecoin and Shiba Inu, amongst others. This legendary competition has brought a lot of attention to meme coins and the crypto market as a whole, attracting many new investors whilst also enabling the industry to stay relevant and appeal to a much younger audience.
In this iconic rivalry, Dogecoin and Shiba Inu have become two of the most well-known meme coins on the market. Although the reputation of Dogecoin dates back years before Shiba Inu, it managed to gain popularity by leveraging the same strategies that Dogecoin used to grow.
Now, this rivalry has inspired other meme tokens to enter the ring, to try and make their own success in the space. One new contender is DogeMiyagi– the competition is about to become more intense! Why? Continue reading to find out.
The Musk Takeover of Dogecoin
When Dogecoin first emerged in 2013, some investors were doubtful of the longevity of the project, due to its drastically different approach to crypto compared to other coins at the time. However, after some time it caught the attention of many prominent personalities, including Elon Musk, who is notorious for having the most effect on the coin.
His tweets have often sparked either bullish or bearish conditions for the coin and some have even accused him of manipulating the market. This has become known as “The Musk Effect”. One recent occurrence of this effect comes after he wrote a tweet saying “Dogs rock”, which sent the coin into the green, bringing it up over 7%. In addition to this, the recent excitement around the Musk vs. Zuck cage match has had a great impact on the coin, contributing to a higher buy rate.
Shiba Inu Makes Billionaires
In the iconic rivalry, Shiba Inu stands out as a strong competitor against Dogecoin. In its time on the market, it has introduced many lucrative features that have all contributed to the financial gain of its investors. Most recently for example, the Shibarium upgrade introduced a SHIB metaverse: just one earning opportunity of many for investors.
Besides Shibarium, one of the more motivating stories is that of a user who bought around $8,000 worth of tokens (roughly 70 trillion) and managed to flip this into over $5 billion. This has since put even more confidence in the minds of investors, and has motivated many to gravitate towards Shiba Inu as their next golden goose.
DogeMiyagi Follows Their Pawprints
DogeMiyagi is the latest meme coin presale to emerge on the market and comes in strong with a plethora of intriguing aspects. Inspired by the classic Karate Kid movies, it leverages a variety of audiences to build its community whilst also creating a strong connection with its investors. Between its upcoming projects and the current opportunities that are already implemented, it boasts an impressive range of avenues that investors can use to turn a profit.
It offers a referral system where users can generate a unique code to share with others. Once others use the code to sign up, the sharer will receive a 10% commission from every new user, giving them an extra supply of tokens. In addition, it plans to become completely community focused to give the users full control over the project. Moreover, it will have its own NFT collection and various other opportunities for investors to earn extra income.
Altogether, DogeMiyagi holds a lot of potential in this meme coin era and as the popularity of meme investing grows, it can ride this wave and find success.
Bark & Bite
As the iconic rivalry between Shiba Inu and Dogecoin continues, there is room for DogeMiyagi to learn from these coins and grow into something new. The paths that these two coins have paved will help DogeMIyagi find its success, especially with the strong community that it has and the connection that it makes with its investors.
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