Guardarian, a top non-custodial crypto exchange, has declared Floki as the best meme-coin to buy in 2023, surpassing popular rivals like DOGE, SHIB, and PEPE. In the ever-expanding landscape of meme coins, Floki has emerged as a major player, securing the 4th biggest meme coin in terms of market capitalization.
The 2023 Meme Season has officially commenced, with numerous new tokens surfacing in hopes of becoming the next big thing. Considering this, Guardarian has compiled a list of the best meme coins to invest in, including established and upcoming tokens.
Launched in 2021 on the Ethereum blockchain, Floki draws inspiration from Elon Musk’s Shiba Inu. It has gained significant traction, establishing itself as a prominent meme coin.
Floki’s Ecosystem: Valhalla and FlokiFi
What sets this meme coin apart is its diverse ecosystem, featuring intriguing projects such as Valhalla—a play-to-earn NFT metaverse game—and FlokiFi—an innovative protocol for securing digital assets.
Furthermore, it is diligently working on the University of Floki, a virtual environment aimed at educating crypto enthusiasts about Web3. With its various initiatives, it has garnered a growing community of supporters and has witnessed impressive growth throughout the year.
As of June 2023, it holds the 112th position on CoinMarketCap, boasting a market capitalization of $258 million. Its price is heavily influenced by social media activity.
The project’s recent collaborations with Binance Pay and Shopping.io have expanded its utility and opened doors for new audiences.
However, investing in Floki, like other meme coins, comes with pros and cons. On the positive side, Floki exhibits a vibrant ecosystem and has established partnerships with renowned entities like Binance and the Kings League.
Apart from Floki, the article also covers other noteworthy meme coins. Dogelon Mars, a relatively new meme coin inspired by Elon Musk’s fascination with space exploration, has gained popularity through its engaging community and social media presence.
Shiba Inu, often referred to as the “Dogecoin killer,” has developed an extensive ecosystem, encompassing multiple tokens, a blockchain network, a mobile game, NFT collections, and a metaverse experience.
The article further explores Dogecoin, the original meme coin, and Baby Doge Coin, which stands out with its charitable initiatives. Lastly, Pepe, based on the Pepe the Frog meme, has gained attention for its no-tax policy and redistributive system. Pepe Coin skyrocketed to the top 50 of the crypto market within weeks.
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