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Despite the crypto market falling under the USD 1 trillion mark in the past week, some projects are only gaining momentum and have no plans to slow down. For example, Dogecoin (DOGE) jumped by 13% on the 21st of June and again reclaimed its rightful place in the top-10 cryptocurrencies by market capitalisation.
This week's prices were also looking positive for another meme coin project Akita (Akita Inu), which witnessed an increase of more than 10%, while the overall market capitalisation continued to plummet.
However, the absolute winner, the undisputed champion that claimed all the heavyweight titles, was undoubtedly the presale of Mushe (XMU), which has skyrocketed in price, reaching as much as 1000% of its initial price since the project went live on the 18th of April 2022.
Ever since the inception of Dogecoin (DOGE) in 2013, many have been sceptical about the potential of meme cryptocurrencies, partly because they were initially created "for the lols" of the community but also because they lacked utility. Fast forward 11 years, and these projects are more robust than ever, topping the crypto charts and silencing haters with novel ideas, innovative approaches and unique ecosystems.
AKITA (Akita Inu) is an ERC-20 token on the Ethereum blockchain, initially a meme token without a team or a project, similar to the likes of DOGE and SHIB's, it has created a strong community of over 60,000 + holders, as well as a dedicated team of community members/investors, and many moderators to help govern the community.
The team's goal is to convert the (Akita) Inu coin from a meme coin to a tangible, utilityl token with various use
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