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Are Meme Coins The Answer To The Ongoing Crypto Crisis? Dogetti, Banano, And Mon...

 1 year ago
source link: https://cryptomode.com/are-meme-coins-the-answer-to-the-ongoing-crypto-crisis-dogetti-banano-and-monacoin-say-yes/
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Crypto World is feeling the undercurrents of the Silvergate collapse and FTX crash. The crisis is not only alarming but nerve wrenching. Crypto investors are running low on confidence, and the market seems to be losing the zest it once had. In these turbulent times, can meme coins which are initially created as joke coins, bring a ray of hope to the otherwise sullen market? Dogetti (DETI), Banano (BAN), and Monacoin (MONA) say YES!!

Dogetti Aspires To Become Top Dog

Dogetti (DETI) successfully met the target of raising $500,000 in the stage 1 of its presale and has now entered stage 2. The price for a $DETI token in stage 1 was $0.00007. In stage 2, it has gone up to $0.0002916. If invested in stage 1, it was predicted to give 900% returns at the launch. It is not too late now, even at stage 2, as the price continues to soar at every subsequent stage till the launch.

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Dogetti wants to become a top dog in the meme coin space. The ownership and control lie with the community. 2% of every transaction is redistributed to its token holders, meaning one receives extra tokens simply by holding them in the wallet.

The way Dogetti is growing may be the cause of a massive FOMO. Stage 2 is a great time to invest in $DETI. The community welcomes the new members with a family code WISEGUY25. By using this promo code at the checkout, one gets 25% additional tokens. Dogetti is checking all the right boxes and might be one of the biggest presales in crypto history.

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Banano And Community-Driven Initiatives

Banano (BAN) is a cryptocurrency that was created in April 2018 as a branch of the Nano cryptocurrency. It is designed to be a fast and feeless cryptocurrency that can be used for microtransactions and everyday use. It uses a Directed Acyclic Graph (DAG) structure similar to Nano, which allows for fast and efficient transactions without the need for mining.

Banano is primarily used for community-driven initiatives and fun projects such as giveaways, games, and social media activities. It has a strong and active community on social media platforms such as Discord and Reddit, where members can participate in various events and earn $BAN as a reward. It has a market cap of $6.97 million.

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Monacoin’s Significant Following on Social Media

Monacoin (MONA) is a cryptocurrency that was launched in January 2014 as a fork of Litecoin. It is based on the scrypt hashing algorithm and has a block time of 1.5 minutes. Monacoin was developed by a Japanese developer who goes by the name of “Mr. Watanabe.”

Monacoin has gained popularity in Japan and is often used for online purchases, donations, and as a means of payment for gaming and other digital services. The currency has also gained a significant following on social media platforms such as Twitter and Reddit.

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Like many cryptocurrencies, Monacoin is decentralised and operates on a peer-to-peer network. It uses a proof-of-work (PoW) consensus algorithm, which means that transactions are verified by miners who solve complex mathematical problems to earn newly created coins and transaction fees.

Monacoin has a total supply of 105,120,000 coins, and its block reward halves every 1051,200 blocks. As of March 2023, Monacoin is trading on several cryptocurrency exchanges, including Bittrex, Bitbank, and Upbit, among others. The market cap for $MONA is $30.60 million.

For more information about Dogetti (DETI):

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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