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Disclaimer: This material is provided for informational purposes only and does not constitute financial advice or a call to action. Incrypted is not responsible for the investment decisions of readers. One of the most active segments of the crypto market in 2024 is meme coins—tokens based on popular internet memes or characters that have a humorous and entertaining nature. According to CoinMarketCap, as of the time of writing, the total market capitalization of this asset class exceeds $48 billion, and the daily trading volume surpasses $3 billion, indicating high interest from users. Investing in meme coins is high-risk due to…

Integration of the Wallet cryptocurrency wallet into the Telegram messenger in the fall of 2023 marked the starting point for the popularization of the TON blockchain and the growth of network activity. This is facilitated by the constantly expanding partnerships between projects—users gain new opportunities, such as purchasing usernames in NFT format. However, many believe that the key driver of growth is the gaming mini-apps that have laid the foundation for social gaming within this ecosystem. The Incrypted team explored why gaming applications on Telegram are so popular among users, how they are connected to the TON blockchain, and whether…

With the rapid development of the Web3 industry, new concepts are emerging. One such concept is meme tokens, which have gained popularity in the crypto community due to their entertaining nature and references to pop culture. Among them are assets that exploit political themes. Some experts believe they have the potential to surpass the growth and profitability of meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). Today, we offer a review of two such meme tokens: Jeo Boden (BODEN) and MAGA (TRUMP). What is a Meme Token? A meme coin is a token based on popular internet…

The Rise of Meme Coins in the First Half of 2024 The first half of 2024 marked a significant surge in the meme coin market, with substantial growth that outpaced other crypto assets. In the first quarter alone, the combined market cap of meme coins increased by 1313%, making this niche the most profitable among other categories. Notably, this trend included not only newer entrants like Brett, Dogwifhat, and Bonk but also established leaders such as Shiba Inu, a token that has withstood the test of time as the second most popular meme coin after Dogecoin. The editorial team at…

Meme coins have become a significant part of the cryptocurrency landscape. Projects like Dogecoin (DOGE) and its imitator Shiba Inu (SHIB) have come close to breaking into the top ten altcoins by market capitalization, competing with established players. As a result, “dog” coins are vying for more than just the status of being mere joke coins. However, they are now facing competition from other meme coins that are showing promising growth, such as Dogwifhat (WIF). What is Dogwifhat (WIF)? Dogwifhat (from the English “dog with a hat,” with the word “with” intentionally misspelled) is a meme coin that originated from…

As is well-known, one of the main challenges facing distributed networks is the so-called “blockchain trilemma,” which involves finding a balance between scalability, security, and decentralization without sacrificing any of these factors. For instance, while Ethereum is a relatively secure and decentralized network, it often faces criticism for slow transactions and high fees due to scalability issues. In search of alternatives, new crypto projects are emerging with the goal of addressing these challenges. One such project is Avalanche, whose developers claim it is the “fastest smart contract platform in the blockchain industry.” In this article, the Incrypted team will explain…

Despite Ethereum’s leading position among prominent blockchains, some of its competitors strive to provide flexible, scalable alternatives. Time-consuming transactions, costly fees, and network congestion are now challenges of Ether blockchain. Solana and NEAR plan to address Ethereum’s weaknesses, providing solutions – swift and affordable networks. Though there are many similarities between the two most prominent Ethereum competitors, several key technical differences set the two ventures apart. So, which is the better major crypto-project? Let’s compare Solana and NEAR Protocol’s positions in the crypto market and the challenges these crypto projects face. Solana Blockchain Solana is a public ledger network with…

In June 2021, Elon Musk announced that he would name his Shiba Inu pet “Floki.” This led to the creation of the Floki Inu coin. While Floki Inu, now simply known as Floki, can be categorized as a dog-themed cryptocurrency like Dogecoin, a closer look reveals that it is much more than that. Floki follows in the footsteps of Shiba Inu and aims to create a useful and even philanthropic ecosystem. Its creators view it as a movement rather than just a meme coin. The concept of building schools in less developed countries has already resulted in the construction of…

According to Google Trends, the number of search queries for the term “memecoins” increased tenfold in March 2024 compared to February. At the time of writing, the corresponding category of assets on the CoinGecko aggregator has nearly 900 tokens, and their total market capitalization exceeds $50 billion. The Incrypted team explored why memecoins are becoming increasingly popular among retail investors, which networks they have gained the most traction in, and what benefits they can bring to the community and the industry. What is “meme coin mania”? The terms “meme coin mania” and “meme coin supercycle” emerged in the media amid…

However, newcomers to the industry often find themselves drawn to meme tokens, such as Dogecoin or Shiba Inu. Their prices are subject to high volatility, leading many beginners to believe they can achieve hundreds or even thousands of percent in returns on their investments. Additionally, these assets are more appealing due to their association with popular memes. Therefore, a person with limited knowledge is more likely to purchase something with a familiar name rather than an unknown product. One such meme token is PepeCoin (PEPE). The Incrypted team explored what it represents and what prospects await it in the future.…