Learn why this token is set to become one of the top Meme Coins to monitor in 2023
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If there’s one thing you can count on in the crypto market, it’s that meme coins will always be around. Ever since Dogecoin entered the market, investors have been clamoring for these joke assets - and leading to some of them making large profits.
New meme coins continue to enter the market but it’s hard for most to gain any foothold when the likes of Dogecoin and Shiba Inu are there. If they have to make an impact, they have to offer something new, and one project, in particular, is bringing in a new era for meme coins with some unique features.
Meme coins operate in a very particular way. They release, often with a dog as a mascot, and they begin a mass marketing campaign or spread by word of mouth to generate a lot of hype. Then once it reaches a critical mass, a whole army of investors jumps in - either for profits or just to be a part of a social movement.
This has worked so far, but things are changing as investors lose interest in meme coins that are memes for the sake of it. That is all well and good but they also want utility. The utility is what is missing from most meme coins, giving investors no value for their precious capital. There are only so many times they will be willing to spend on memes.
The moment we have all been waiting for is finally here!
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