Meme Coin news
Meme coins represent the lighter side of crypto. But what is a meme coin? Needless to say, they’re inspired by memes and are humorous in nature. They saw vast growth in 2021, as Dogecoin (DOGE) and Shiba Inu (SHIB) exploded in popularity.
These coins, however, are not only funny but can also be used for trading, almost like any other coin. In this sense, the difference is that meme coins are highly volatile, even by the standards of the unpredictable crypto market. They’re greatly affected by the whims of social media and online communities, so tread cautiously and follow our news posts to stay informed. And you might just get entertained while doing so.
Shiba Inu to launch Ethereum layer 2 Shibarium testnet
Meme coin developers have announced the launch of the Ethereum mainnet beta testnet. Shibarium will serve as a layer 2 network focused on metaverse and NFTs. In a recent community blog posted on Sunday, Shiba Inu developers hinted at a foreseeable Shibarium testnet launch: We ask the community to please understand, that this phased release […]
DOGE’s Value Drops Over 12% After Briefly Surging
After surging last week, Dogecoin’s value has dropped by 12.4% over the past seven days. The initial increase in value happened due to the Dogecoin name’s resemblance to Dogechain. This is a Polygon platform, that enables developers to create applications on Dogecoin in a similar fashion as when working on Ethereum. However, as soon as […]