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The Memeing of Life: Dogecoin, Shiba Inu and DogeMiyagi create communities in crypto

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As the crypto market experiences times for bulls and times for bears, and coins rise to the moon and crash deep under the sea. The community behind meme coins stands united, happy to weather the storm when times are tough and basking in the sun when things are going well. Dogecoin (DOGE), Shiba Inu (SHIB), and DogeMiyagi (MIYAGI) are three meme coins powered by the support of their respective communities, recognizing how crucial these meme coin enthusiasts are in their ability to succeed in the marketplace.

The Dogefather: a beacon of hope for Dogecoin

Dogecoin (DOGE) has enjoyed strong community support since its launch in 2013, with the goal being to challenge and poke fun at the seriousness of other cryptocurrency ecosystems, such as Bitcoin (BTC). DOGE succeeded in doing so and gained a large army of supporters that began to legitimize DOGE as a potentially lucrative investment. A very high-profile and vocal supporter is Elon Musk, CEO of Twitter, who has been dubbed “The Dogefather” in the DOGE community, and his inadvertent promotion of DOGE by tweeting about it directly affects the price of the coin. Musk has also teased the idea of ​​adding a cryptocurrency element to Twitter, which due to its continued support for the coin will likely include DOGE in its plans, suggesting a major future expansion of the coin’s usefulness.

Shiba Inu: Stay with your dog

Shiba Inu: Stay with your dog

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Shiba Inu: Stay with your dog

Shiba Inu (SHIB) followed Dogecoin (DOGE) in 2020 and dubbed itself the “Dogekiller”. The SHIB community is fiercely protective of its coin and is willing to stand by it to help it through tough times in the market. It’s this sense of community that holds meme coins like SHIB together in a way that more serious coins will always struggle. SHIB is always planning new developments that create excitement within the community and is sure to see more price pumps as a result. SHIB has built its credibility thanks to the launch of its decentralized exchange platform, ShibaSwap, which raised a total value of $1 billion on the first day of its launch.

DogeMiyagi community is gaining momentum

By creating a coin that is exclusively community led and owned, MIYAGI capitalizes on the strengths of meme coins and cultivates an environment of collaboration and accountability

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By creating a coin that is exclusively community led and owned, MIYAGI capitalizes on the strengths of meme coins and cultivates an environment of collaboration and accountability

DogeMiyagi (MIYAGI) is a newcomer to the meme coin scene and is already establishing a strong presence in the community even during the initial presale phase. By creating a coin that is exclusively community-led and owned, MIYAGI capitalizes on the strengths of meme coins and cultivates an environment of collaboration and accountability. MIYAGI uses a Decentralized Autonomous Organization, or DAO, to run the coin, meaning that token holders and members of the MIYAGI community are the ones who make the decisions regarding the future of the currency.

Meme coins have an unwavering ability to weather market slumps due to the strength of the communities behind them, and this means that these coins have the potential to outperform the market in a way that other coins with less base support will never be able to. Dogecoin (DOGE), Shiba Inu (SHIB), and DogeMiyagi (MIYAGI) are three such coins that are able to tolerate whatever the market throws at them and bring incredible profits to those who are loyal in tough times.

Doge Miyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

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Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.