Elaborate the Popular Meme Coins in the Crypto Market?

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    User AvatarRichard Austin
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    Dogecoin: In 2013, Dogecoin was developed as a playful parody inspired by the widely shared “Doge” meme, which featured a Shiba Inu dog. In Spite of its slow beginnings, Dogecoin has grown significantly in popularity and community support.

    Shiba Inu Coin (SHIB): Shiba Inu Coin, also known as “Shib” or “Shib coin,” was developed as a Dogecoin substitute running on Ethereum. The Shiba Inu dog meme is identical to that of Dogecoin, but it has become more well-known recently because of its community-driven development and prominent support from celebrities like Elon Musk.

    SafeMoon: In 2021, SafeMoon is a newly launched coin. It makes use of a novel tokenomics model that charges a fee for transactions. SafeMoon seeks to discourage speculative short-term trading and encourage long-term holding.

    Elongate: Elon Musk’s cryptocurrency-related tweets served as the inspiration for the meme coin known as ElonGate. It has run several donation campaigns and defines itself as a charity giving organization.

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