Top Meme Of 2021 1 1500x800

Lately, the cryptocurrency space has been a buzz of activities. That has been further compounded by an overdrive in creativity, to the extent people are now monetizing jokes. No, not the Dave Chappelle type of jokes monetization. Developers are turning regular social media memes into cryptocurrencies.

It sounds like a hilarious joke until you learn that the meme tokens value in fiat currencies runs into millions of dollars. Even big tech players, like Elon Musk, are aboard the meme tokens ship. Meme tokens values are closely tied to the fame of influencers and celebrities on social media.

Top 5 Meme Tokens

This article will explore the top ten hottest meme tokens of 2021 and how you can get the scorching ones onto your portfolio. Without further ado:

  1. Dogecoin (DOGE)

Created in 2013, Dogecoin is the pioneer and one of the most popular meme tokens in the crypto assets market. The creator was running a parody of a Japanese dog called Shiba Inu. However, that was one joke taken too far; its valuation currently runs into billions  of US Dollars. To this extent, it is now attracting the attention of big wig investors like Elon Musk, who no longer treat it as a joke. Neither should you anymore. This year, the market value of Dogecoin has skyrocketed.

Price | Market Capitalization | Circulating Supply

Dogecoin $0.2468 $32,491,889,773 131,814,392,665

Due to the success of Dogecoin, and the increasing acceptability of cryptos in general, other meme coins have cropped up. Below are some of the other alternative meme coins currently hot in the market.

  1. Feg Token  

Feg Token  is somewhat a little different from the rest of the meme tokens in this list. It combines yield farming with the intention of use as a meme coin and the hopes of using the ETH DeFi infrastructure.

If you are looking to make some passive income, then the FEG token is something you must have in your portfolio. For one, in every transaction done on the platform, current holders of FEG tokens get 2% reward. You can conveniently keep tabs on that via the FEGtrack app, which enables you to see how much you’ve gained or going to gain over the coming days.

|Price |Market Cap |Circulating Supply

$0.000000007224 $300,347,377.23 41,577,624,286,996,110

  1. Shiba Inu (SHIB)

Shiba Inu token (ticker: SHIB) was created in August 2020 by an anonymous person or group going by the name ‘Ryoshi.’ The crypto gets its name from the same Japanese breed of dog depicting the Dogecoin symbol. As a matter of fact, it came onto the scene with the tagline ‘Dogecoin killer.’ But one might wonder whether it is killing Dogecoin or riding upon its wave.

The crypto is traded on ShibaSwap exchange DeFi platform, ensuring it remains totally decentralized. The coin also has an interesting feature dubbed Shiba Inu Incubator, which strives to discover and empower ingenuity and creativity. Expanding the coin’s utility beyond just its mainstream forte of artwork like photography, painting, and digital rendering.

It also features Shiboshis, which are 10,000 SHIBs generated NFTs written upon the Ethereum blockchain platform. Each Shiboshis is generated with unique traits, making them collectibles.

Its current market price and capitalization are as follows:

|Price |Market Cap |Circulating Supply

SHIB $0.00002819 $11,127,924,102 $394,796,000,000,000

  1. SYA X Flooz

SYA (Save Your Assets) is decentralized finance (DeFi) launched by Lamine Cheloufi and Daniel van Dalen in May 2021. It works on the Binance Smart Chain protocol and is the underlying currency for the Flooz ecosystem, where it is used for autonomous yield and liquidity generation. The volume of SYA directly correlates to the SYA’s pumping ability.

The Flooz ecosystem uses tax, reflection (instant and rewards, LP acquisition, and burn to ensure liquidity and save a lot on transaction costs for the investor. This adaptive ecosystem makes Flooz.Trade a more humanized crypto exchange and is among the friendliest crypto exchanges for new investors with the cheapest rates and fastest routes.

Why SYA is a Unique Crypto

Experts describe SYA as a unique protocol with good returns for investors. Additionally, it humanized crypto trading by making it easier and distributed appropriately amongst investors. In the 10% tax, 2% is appropriated amongst token holders as an instant boost. Another 2% is given out as a community boost. Token holders also receive 2% as part of the burning fee. Another 2% is apportioned to the liquidity pool, thus ensuring a good level of liquidity in the token pool.

|Price |Market Cap |Circulating Supply

SYA $0.0000002068 $97,145,778.13 469,727,732,427,412

  1. SafeMoon

SafeMoon was launched in March 2021 and now boasts of a little more than one million users. The name was derived from the term ‘Safely to the Moon.’ If you’re a speculative investor out to buy when low and sell when high, you might find SafeMoon not quite so safe. By design, it is meant to discourage speculation, especially on a short-term basis. As it works out, every time you sell your SafeMoon cryptos, you get charged a 10% fee. Half of which goes to the existing holders of the SafeMoon currency, and the other half in a liquidity pool meant to stabilize the price.

|Price |Market Cap |Circulating Supply

SafeMoon $0.0000050 $4,770,000,000 572,933,120,848,364

PS – All the above stats were as at the time of writing this article. Cryptos are highly volatile, and things may have changed drastically at the time you’re reading this.

How to Buy Meme Coins

The process of owning meme coins is very much the same as owning regular cryptos like bitcoin and Ether. You could either mine it, buy it from an exchange platform, or accept it as payment for your goods and services offered by your business.

One might be inclined to think meme tokens don’t have any real-world utility, but that could not be further from the truth. A good example of real-world utility of meme tokens is when Ethereum co-founder Vitalik Buterin donated 50 trillion Shiba Inu coins (worth $1 billion) to a COVID-19 relief fund in India.

Speculating investors are making a killing by carefully doing swaps on crypto exchange platforms. Buying while low, selling while high. They also expand the smart DeFi platform where individuals can take full charge of their finances without the meddling of a centralized government. Flooz.Trade is one of the top and most popular Defi exchange to buy meme coins along with other token.

Written by Anthony Fernandez
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