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In 2021, the cryptocurrency world had a massive boost from NFTs to DeFis, tokens, DApps, crypto exchange platforms and everything surrounding cryptocurrencies and blockchain technology. Many cryptocurrency projects have shot up, and many new ones have emerged between 2021 and now. Investors have gone all out for all these cryptocurrency investment formats.
However, one of the major crypto sectors that caused the most impact on cryptocurrency in 2021 is meme coins or meme tokens. The meme coin category caused two of the most significant changes and positive impacts in the crypto world. This is not surprising as 2021 was when crypto meme coins were taken a lot more seriously. And since the improvement and increase in the value of these meme tokens, many meme coins have been developed due to the increased interest in the category.
Meme coins are a different kind of cryptocurrency token based on a meme, a joke or an internet theme. Unlike other cryptocurrency tokens and classes, meme coins are not trying to fix a problem in the finance sector. The valuation of these meme coins fluctuates with market interest because the value of these meme tokens is based on factors like community hype and activities, influencers' endorsements and Fear Of Missing Out. Many investors are usually discouraged from investing in meme tokens because they are unpredictable and don't have a lot of real-life applications.
There are a lot of new meme coins coming up in the crypto space, and it can be confusing to decide which to invest in. This article provides you with some of the three new meme token projects you can invest in. They are Floki Inu
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