Meme Coins Like DogeMiyagi, Floki Inu And Dogecoin Are All About The Community
4 min read 30 May 2023, 07:10 PM ISTLet’s have a look at how some of the meme coins are embodying the principle of an integral community.
PremiumThe world of finance is not often thought to be light-hearted or heavy on humour. It’s a place for businesses, transactions and serious people with serious interests in getting rich. Meme coins have changed the game in that sense by introducing comedy, humour and warmth to the cryptocurrency industry and showing there is a fun way to get rich.
It’s a growing sector with cryptocurrency glued together by an indistinguishable sense of community. It’s what has allowed the meme coin pioneer Dogecoin (DOGE) and its various successors such as Floki Inu (FLOKI) and DogeMiyagi (MIYAGI) to grow their platforms.
Community is crucial to meme coins for several reasons. Meme coins, such as Dogecoin, are cryptocurrencies that often gain popularity through internet memes, social media buzz, and word-of-mouth. These coins rely heavily on their communities to drive their success and sustainability.
Now let’s have a look at how some of the meme coins are embodying the principle of an integral community.
Dogecoin Is The Meme Coin Trailblazer
Today it’s often associated with Elon Musk, but Dogecoin has gained immense popularity as a meme coin due to its lighthearted and comical nature.
Originating from an internet meme featuring a Shiba Inu dog, it has captured the attention of online communities and social media platforms. Its absurdity and playful branding make it appealing to a younger audience, who enjoy the whimsical aspect of cryptocurrency.
Moreover, the enthusiastic online community surrounding Dogecoin has contributed to its virality. This reflects one of the main strengths of a community-led cryptocurrency, which is the long-term support it can generate. Meme coins face scepticism and volatility in the cryptocurrency market.
However, a strong community can provide long-term support by staying engaged, promoting the coin's values, and weathering market fluctuations. When faced with challenges or market downturns, the community's resilience and dedication can help meme coins regain momentum and stability.
Dogecoin’s low value and easy accessibility have also made it accessible to those looking to participate in the crypto world without significant financial commitment. Overall, Dogecoin's meme status and inclusive community have propelled its rise to popularity.
Floki Inu Is Pushed By An Army Of Loyal Crypto Vikings
Meme coins need a strong community to encourage adoption and promote their coins. The community members are typically early adopters who passionately believe in the coin's potential. They actively engage with others, share memes, and spread awareness about the coin.
This is where Floki Inu and its loyal army of Floki Vikings come in.
They constitute a devoted community of more than 440,000 members. These enthusiastic individuals have dedicated themselves to propelling FLOKI to achieve international renown. The community has garnered a reputation for its impactful incursions on social media platforms and the widespread circulation of Floki-themed memes that strike a chord with a wide-ranging audience.
The triumph of Floki Inu can be attributed to the steadfast support and ceaseless endeavours of its community. The project's transformation from a mere meme into a pioneering utility token endeavour has been truly remarkable.
The Floki community remains intensely focused on cultivating practical applications for the FLOKI token, and the entire ecosystem revolves around an approach driven by the community's participation, with the ultimate aim of empowering individuals. One illustrative instance of the captivating and distinctive initiatives being pursued by the community is the Valhalla NFT Metaverse Game, which seeks to augment the value proposition of the FLOKI token.
DogeMiyagi Is The New Black Belt In Meme Coins
Many meme coins have community-driven development and governance structures. Community members actively participate in decision-making processes, such as proposing and voting on updates, partnerships, or projects. This level of involvement allows the community to shape the direction and future of the meme coin, fostering a sense of ownership and responsibility.
This is reflected strongly in DogeMiyagi which through its DAO embeds users into the decision-making process. This ensures that those who hold MIYAGI tokens are incorporated into the development and direction of the meme coin. It underlines how crypto communities are the central underpinning of a meme coin and DogeMiyagi might be the strongest example of this right now.
A new meme coin inspired by the Karate Kid films, it could make a big breakthrough this year on the market once it completes its presales.
For more about DogeMiyagi:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi
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