As 2022 comes to a close and 2023 rolls around, investors are becoming increasingly aware of the popularity of meme coins. Doge, Shib and Toon, three such alternatives that have generated much buzz in the decentralized finance space, provide an interesting option for those looking to diversify their investment portfolio with something different.
Although considered highly volatile investments due to their recent emergence and rapid appreciation of value, these meme coins also offer traders potentially high returns if proper risk management strategies are employed.
Over the past decade since DOGE was initially released, we have witnessed a significant surge in similar meme coins entering the crypto scene. Notable examples include SHIB and Floki Inu, who have been riding right at the top of the wave.
SHIB in particular stands out, being able to successfully launch itself onto the market and build up an impressive presence in record time. An essential factor for their success has been the dedication and hard work of those behind the coin, who strived to create and develop an ecosystem that would allow SHIB to really shine. Additionally, their constant and loyal fan-base has also done much to ensure continual growth of this cryptocurrency.
The crypto world is abuzz with the success of Toon Finance Coin, a relatively new entrant into the market which has already caused quite a stir. Toon Finance Coin, however, is more than simply a parody of a popular meme; its developers are also hard at work on decentralized exchanges, player vs. player combat, and the introduction of their own set of non-fungible tokens (NFTs).
In a rapidly changing crypto world that seems almost fully embraced by NFTs, Toon Finance Coin’s foray into the market shows how it is adapting to new trends and seeking out ways to stand apart from its peers. It is no wonder then that it has taken the world by storm.
Toon Finance expected to outrank DOGE SHIB 2023
The success stories of Dogecoin and Shiba Inu are enough proof that meme coins generate substantial returns for investors. The clue to this lies in the momentum these coins generate through social media.
This is precisely what Toon Finance Coin has been building up over the last few months – a gradual concoction of hype, from its presence in leading crypto exchanges to engaging with gaming platforms.
All of which point to one potential fact – Toon Finance Coin could well become the next Doge or Shiba. It has the potential to unlock much higher value by using blockchain powered networks and NFTs, allowing access to exclusive fan experiences like never before seen.
Some time soon, we may learn more about the Toon Finance Coin’s plans to enter this market and capitalize on its popularity to the benefit of investors, traders, and fans.
How Is Toon Finance different from DogeCoin and SHIB?
At $.10 per TFT during stage 7 of the pre-sale, Toon Finance has a much higher value per token than either of the other two coins. A high initial price for Toon Finance Tokens is almost assuredly justified by their long-term potential. In addition to its high starting price, the fact that it is still in the ICO stage reflects well for its future growth.
All things considered, Dogecoin and Shiba Inu coins are very similar. Get things at a discount, stock up, and make a profit.
Toon finance tokens stand out from the crowd because they have a real shot at going to the moon due to their high value from the get-go and a use case beyond just being a fun asset to keep and trade in at low prices and big volumes.
DOGE’s Revolution and the Birth of Meme Coins
Dogecoin was released in December 2013 and was initially meant to be a joke currency. The Shiba Inu dog-themed token was designed as an example of the diversity of cryptocurrencies. When Dogecoin was originally introduced, you could buy hundreds of them for less than a $1 each. This made it difficult for people to take it seriously, but eventually the price increased.
As of today, the support from well-known advocates such as Elon Musk and Snoop Dogg has resulted in increased popularity and value for this meme-inspired coin, which shows no signs of slowing down anytime soon.
The investment world has been taken aback by the success of Dogecoin, a meme coin that has surprised even the most seasoned of traders with its incredible increase in value. Beginning at just $0.0000869 back in 2015, Dogecoin rose to its all-time high of $0.688 last year.
Fueled by enthusiastic crypto traders and fans across the globe, this cryptocurrency shows no signs of slowing down and continues to impress analysts and investors alike with its salubrious growth. Its encouraging progress provides confidence and optimism for blockchain investors all over the world in their pursuit of financial gains from digital assets and alternative investments.
Many of Musk’s tweets have triggered price increases in DOGE, proving that he has become the most influential person in the cryptocurrency market. He is undeniably one of Dogecoin’s biggest advocates and fans because he has publicly admitted to being a fan of the cryptocurrency for a long time.
Snoop Dogg is definitely one of the most vocal crypto influencers today. His support for the DOGE coin resulted in a dramatic increase in value for the altcoin back in February last year. To demonstrate his backing of DOGE, Snoop shared a simple but effective meme featuring a Shiba Inu dog – the very same breed that inspired the DOGE coin itself. After this single tweet, DOGE saw its market cap grow by an incredible 55%, ending the day with a staggering 8 billion dollar market cap.
Recently, we’ve also seen SHIB, or Shiba Inu, take off too – becoming yet another example of the powerful influence celebrities can have on both traditional and digital currencies.
SHIB became the next big thing in the Meme Coin Craze
SHIB, or Shiba Inu, was launched in 2020 as an Ethereum-based cryptocurrency to compete with DOGE and its mascot, the Shiba Inu dog – a Japanese hunting dog. When SHIB was pushed up as a possible “Dogecoin killer,” it went from having no value to being able to produce great profit for those who supported it.
It sparked discussions of industry disruption as well as speculations about a new altcoin eventually taking over the market. Nevertheless, this sudden rise to fame has been shocking to date.
The emergent meme coin SHIB reached its all-time high market valuation of over $40 billion USD in October 2021 soon after its introduction, setting a new record. Such an impressive feat cemented its spot among the largest and most successful cryptocurrencies around at that time. Since then, the price of SHIB has plummeted along with many other cryptocurrencies due to various market factors.
SHIBA INU has made a remarkable mark in the cryptocurrency world with its surge in prices. As it might possibly surpass Dogecoin, it is hard to deny that SHIBA INU’s success can be largely credited to the overwhelming amount of online support it received and its community of enthusiasts, labeled “SHIB Army.”
Social media campaigns, providing liquidity on different platforms at early stages, and launching many products like ShibaSwap have been just a few of their brilliant initiatives.
ShibaSwap is a DeFi platform designed to provide the largest security while trading cryptocurrencies, while the SHIBA INU ecosystem also includes other elements such as LEASH, BONE coins, and more. All these components are what make SHIBA INU increasingly successful, and it definitely came out victorious from its challenge against established coins.
Toon Finance Coin – The Most Searched Coin On CoinMarketCap
Toon Finance Coin has rapidly become one of the most talked-about crypto assets due to its creative combination of iconic, cuddly toon characters and advanced crypto technologies.
Built with the goal of tackling the externality that comes with P2E gaming demand, Toon Finance Coin was designed by an elite team at the intersection of entrepreneurs and blockchain creators, who have integrated SHA256 encryption into their exchange application platform.
It stands out as a unique asset with extraordinary potential for users looking to diversify their portfolios and take advantage of the rapidly evolving world of digital currencies. It’s no wonder that Toon Finance Coin is quickly becoming a meme classic!
Toon Finance Coin has been making waves in the crypto world with its fast and steady climb in popularity. Meme coins, like the Big Eyes coin, have received a lot of attention and support, allowing them to be listed on major cryptocurrency tracking sites like Crypto.com and CoinMarketCap.com.
But beyond the spotlight of global hype, Toon Finance Coin is also having an impact due to its creative roadmap that brings more than just their currency to the table.
By offering unique and purposeful bonuses like staking rewards, limited-edition NFT artwork, community governance decisions, and merchant partnerships, this new altcoin is offering an all-inclusive ecosystem for users to join. This makes it one of the more attractive up-and-coming coins of 2023, characterized by more than just its impressive publicity.
2023 Toon Finance $1
The trading of meme coins allows participants to profit from the “buy low, sell high” strategy. Trading newcomers and veterans alike will enjoy this season.
If consumers don’t buy at these cheap prices, they still have plenty of opportunity to make money because the market is bullish.
Meme Coins to Buy Now – DogeCoin, Shiba Inu & Toon Finance Coin
Meme coins are digital or physical tokens purchased for the sake of the trend itself or as a speculative investment. Due to their low values and huge trading volumes, they provide the potential for substantial gains through strategic trading.
Because of Elon Musk’s support, Dogecoin has emerged as the dominant meme coin. TFT’s Toon Finance Coin is yet another meme coin poised to explode onto the scene.
DogeCoin, a Shiba Inu-themed meme coin created by Billy Markus and Jackson Palmer, was the first of its kind. Elon Musk is largely responsible for the meme’s meteoric rise to Internet fame, where it is currently ranked among the most valuable virtual currencies.
The popularity of these meme currencies has been growing steadily since their introduction, and this trend shows no signs of slowing down in December 2022.
Meme coins have become a hot investing trend for those looking to make quick money. Coins such as Shiba Inu, Toon Finance Token, and DogeCoin often have incredibly low prices which makes them an attractive investment option. The potential of meme coins seeing substantial growth means investors can make significant profits if they know when to buy and sell. For anyone looking to start investing in meme coins, these are two excellent options to consider.
Toon Finance is a definite winner in terms of value, with prices for the pre-sale token reaching a whopping $.10 per TFT. Moreover, it’s still in its ICO stage, which means that investors have multiple opportunities to maximize their profits as the room for growth is huge.
By 2023, Toon Finance Token, Dogecoin, and Shiba Inu Coin are sure to reach even greater levels of popularity. As those who use memes frequently will attest, what originally started as a way to make light of certain situations has now become mainstream culture. Yet the wide spread fandom for these crypto tokens goes beyond just their clever designs; investors have realized the potential behind meme coins, betting on them for increased returns in a volatile market
If you’re looking for some quirky, different investments in 2023, Doge, Shib, and Toon could be the perfect coins for you. These meme based blockchain projects are already seeing a lot of success and have a devoted community behind them. With more development on the way, these coins could quickly become serious contenders in the cryptocurrency world. So keep your eyes peeled, and don’t forget to Doge!