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Meme tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), and Parody Coin (PARO) are generating a lot of interest among the crypto community.
Let us discuss the potential of these three tokens and whether you can gain handsome returns by investing in these coins.
Dogecoin is the original pioneering meme token that started the trend of powerful communities backing a coin. After receiving strong celebrity support from the likes of Elon Musk, DOGE witnessed a price spike that remains unmatched to date. Only another meme token, Shiba Inu could perhaps claim the same growth in such a short period of time.
Meme tokens tend to leverage the power of community and have created a separate investment niche in the cryptocurrency world. The DOGE token is currently trading at $0.13 and could be added as it’s the most important meme token. It has seen widespread adoption and is accepted as a payment method on many platforms.
Shiba Inu followed in the footsteps of DOGE but has carved out a separate identity for itself. The SHIB token has delivered mind-boggling returns of 46944580.1% to date and is poised for more growth. It is currently exchanged hands at $$0.00002647 and given its low price, huge volumes can be bought by even retail players.
Shiba Inu has disclosed plans to launch a metaverse empire bringing about strong utility and adoption for this token.
The PARO token is currently in its presale phase and you can buy it through this link. The Parody Coin has introduced greater utilities and provides the ability to earn a passive income. It will also host an NFT marketplace, and a metaverse.
The coin is poised for growth as it has
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