Meme coins are digital currency designs based on memes. Compared to major cryptocurrencies like bitcoin (BTC) and ethereum (ETH), they frequently exhibit extreme volatility . This is most likely a result of the strong community involvement in meme currencies. Social media and online forums typically have an impact on their prices. This frequently results in a lot of excitement, FOMO, and financial risk.
Meme coins are digital currencies that get their inspiration from the Internet and social media memes. Dogecoin was the first meme currency produced and we all have seen the high rise in the value of $DOGE.
An overview of the popular meme coins
Dogecoin (DOGE) and Shiba Inu are the meme coins with the greatest market valuation (SHIB). Numerous dog-themed meme coins joined the market and gained popularity in the second half of 2021 as a result of the popularity of DOGE and SHIB.
Here is a list of popular meme coins
Shiba Inu (SHIB)
Dogelon Mars (ELON)
Akita Inu (AKITA)
Kishu Inu (KISHU)
Now notice one interesting thing, Near Protocol does not have a meme coin yet considering the breakthrough of meme coins in different blockchains.
WHAT IS NEKO
$NEKO is the first community token on $NEAR with a focus on creator empowerment. $NEKO is on a mission to bring mass adoption to the $NEAR protocol. By promoting and teaching people about the value of crypto and decentralized finance(DEFI), $NEKO will establish itself as the leading force that helps promote and amplify the Near ecosystem and bring in mass adoption.
The first meme coin and creator empowerment token on Near Protocol will bring mass adoption to $NEAR through the NEKO creator economy. The utility of $NEKO is designed in such a way that it minimizes the impact of investors and core team allocations, thereby placing the community first and enabling them to earn more through NFT and $NEKO staking! This offers holders good value and security. In order to supply all the resources required to onboard new users onto the $NEAR Protocol, $NEKO will take advantage of the network and alliances of the Good Fortune Felines. With many of the top projects on $NEAR, The Good Fortune Felines have a massive array of utilities and integrations planned that will further link the expanding $NEAR community.
Check out GoodFortuneNft Official Handles