It is an all-known fact now that meme coins are getting hotter day by day. While people looked at meme coins with a certain skepticism in the past due to them being a highly speculative asset (that mostly reacted to certain news and communities alone), things have now changed. DOGE, for example, is now one of the biggest cryptocurrencies out there.
Since DOGE came out almost a decade ago and kind of proved how a meme coin can move past the joke and provide actual utility, there has been a meme coin uprising of sorts.
SHIB TFT Bandwagon
The Shiba Inu coin is also a story to reckon with, especially, since it has been able to achieve so much in such a short span of time. The team behind SHIB also focused on creating a robust ecosystem around the coin which has helped propel it to success. It is also supported by a huge number of supporters that have rallied like crazy behind the coin and boosted its growth.
And, now, Toon Finance Coin is taking the crypto world by storm. It is one of the most recent success stories in the crypto world. Toon Finance Coin, however, is a lot more than just a meme coin. It is building a decentralized exchange, player vs player battles, and, even, introducing its very own collection of NFTs.
Toon Finance Coin – the next DOGE or SHIB?
So, while Toon Finance Coin builds its DEX and trades NFTs, coins, and lots more; the bigger question remains – will it emerge as the next DOGE or SHIB? What kind of value can the Toon Finance Coin unlock in the times to come for investors, traders, and enthusiasts?
To understand that we will need to look at the history of meme coins and how Toon Finance Coin is placed, in an advantageous position, to unlock true value sooner than later. And, it may well become the next DOGE or SHIB. Or, even bigger.
The DOGE Uprising
DOGE started as a joke. Inspired by a Doge meme, it is widely credited as the very first meme coin in the crypto world. It was launched in December 2013 with the face of a Shiba Inu dog on the coin. It was simply an attempt to show that crypto could be used to represent virtually anything including a meme featuring a Shiba Inu dog.
When it was launched, you could practically buy thousands for less than a dollar. Naturally, people did not take it seriously. However, with time, things gradually began to change. With supporters such as Elon Musk and Snoop Dogg, DOGE has only climbed higher up the ladder and does not seem to be stopping anytime soon.
And, DOGE has proved that a meme coin can also create wealth for its investors, traders, users, and enthusiasts. A classic case in point is the fact that its price hit its lowest ever of $0.0000869 in May 2015. And, just last year, it hit its all-time high of $0.688.
The amount of wealth it has created for investors is unfathomable and it has also created ripples in terms of utility.
From being taken as a joke to now being accepted as a valid mode of payment in several big corporations, DOGE has certainly come a long way. And, what is most exciting about its story is how, unintentionally, it is paving way for other meme coins as well to become more than just a ‘meme.’
Elon Musk, the most vocal supporter (and, admirer) of DOGE, recently announced that Tesla would be accepting the meme coin as a form of payment for its products.
Musk has, time and again, influenced the price of DOGE with just his tweets and has become the single biggest influencer in the crypto world. In fact, he has gone out and confessed that DOGE happens to be his all-time favorite coin.
Snoop Dogg, another big-time crypto influencer, has also been quite vocal about his support for the DOGE coin. By simply tweeting a meme of a Shiba Inu dog, that inspired the DOGE coin, Snoop Dogg made the coin rally a staggering 55% in a single day back in February last year.
Today, DOGE has a market cap of over 8 billion dollars. The success of DOGE opened the floodgates for hundreds of meme coins (or, altcoins, if you will). Floki Inu, Mona, Gaming Doge, Safe Moon, Kishu Inu, and quite a few meme coins gained immense popularity following the success of DOGE.
Then came SHIB or Shiba Inu.
The Meme Coin Wave Continued with SHIB TFT
SHIB or Shiba Inu is quite a story. Created in 2020, to take on DOGE, SHIB is an Ethereum-based cryptocurrency. It features its namesake – a Shiba Inu dog, the famous Japanese hunting dog, as its mascot. Will Toon Finance surpass the Big Kitten?
Popularized as the ‘Dogecoin killer’, SHIB has come a long way indeed from being worth nothing to actually creating enormous wealth for its supporters.
In October 2021, just a year after being introduced, SHIB gained its all-time high market capitalization of over 40 billion dollars.
The price of the meme coin has since then plummeted, as have all the other cryptocurrencies, but it still commands a market cap of around 6 billion dollars and is placed right behind DOGE.
It might as well surpass DOGE in the times to come. Even if not, it has proved how a new coin, with a little history, can challenge older, far more established coins as well.
What has worked for SHIB is the massive support it has found online.
The SHIB Army (the group of enthusiasts rallying behind the coin) has left no stone unturned in promoting the coin all over the internet.
Also, the plethora of products, including ShibaSwap, has brought more credibility and utility to the meme coin.
ShibaSwap is a DeFi platform that aims to provide the safest way to trade cryptocurrencies in a decentralized environment.
The SHIBA INU ecosystem also consists of several other components such as alternate coins LEASH and BONE. This overall ecosystem is also to be credited for the success of SHIBA INU.
SHIB took the meme coin race further ahead and now we have Toon Finance Coin which aims to take the meme coin game into a new generation altogether.
Toon Finance Coin is Now Taking the Crypto World by Storm
Toon Finance Coin, inspired by cute, cuddly toon characters, is the hottest meme coin right now. It is a decentralized exchange application platform designed by a team of market leaders and blockchain developers aiming to fix the externality that surrounds the P2E gaming demand by ensuring a P2E metaverse backed by SHA256 encryption.
There are over 1 billion Toon Finance Coins in total, out of which, 50% are being sold in a presale that went live on 10th October 2022, and, is being subscribed like crazy by investors, traders, gamers, and enthusiasts.
It has slowly, but steadily, gained a lot of interest in the cryptocurrency world. Being mentioned across the media for its rising popularity and demand is not the only marker of success for Toon Finance Coin. It has also found support from people who have been rallying behind the Big Eyes coin and other meme coins in the same space.
Listed on Crypto.com and CoinMarketCap.com, the coin has taken the crypto world by storm. However, what makes the project more interesting than you can imagine is the way in which it is creating an ecosystem by offering a lot more than just the coin.
TFT DOGE and SHIB Best Meme coin 2022
Well, that brings us to the big question.
So, can Toon Finance Coin be the next DOGE or SHIB?
Well, we believe, it is actually going to surpass the two sooner than later because of the innovative way in which it is creating its very own ecosystem. The Toon Finance Platform includes a DEX, Cross Chain Bridge, an NFT trading platform, and a lot more.
Recently, the team behind Toon Finance Coin shared that they have been successfully listed on Crypto.com and CoinMarketCap.com which are some of the biggest, most influential crypto spaces out there. It brings a certain credibility to the project and has also helped bring the coin out to the masses in general.
The Toon Finance Coin is creating a one of its kind robust, decentralized exchange that will seamlessly allow people to buy, sell and trade the coin in a safe, decentralized environment without any hassle. It will prove to be a game changer for the coin just as the ShibaSwap has helped SHIB grow by leaps and bounds.
Similarly, a cross-chain bridge will add a lot of credibility and utility to the TFT coin. A bridge enables communication and interoperability between two separate blockchain networks. In other words, it allows for the exchange of value or data between the two connected blockchains.
The Space Bridge (being created by Toon Finance) will allow its users to connect different apps, protocols, and assets with ease. So, you could actually transact on the app using both BTC and ETH by connecting them through the space bridge.
For gamers, the metaverse being created holds immense value. Toon Finance is also introducing multiple series of NFTs that can be used in this metaverse as well or one can collect them for the purpose of investment.
These NFTs will be functional gameplay items that will be essential for players participating in the Space Grounds game that is being developed by Toon Finance.
A coin, especially a meme coin can only become valuable when it offers genuine utility to its users. Otherwise, it is nothing more than a highly speculative asset that simply moves in reaction to the news, tweets, and more.
We see Toon Finance coins taking over the crypto space sooner than later because they are poised to unlock a lot of value as they can be utilized in more ways than one.
Toon Finance World – NFTs and More in the Pipeline
The Toon Finance presale is already a success. They have sold out close to $3 million in the first week itself and their presale is close to selling out soon. It is also racing up the charts as people from all over the world are rushing to get a cute, mushy little Toon Coin. Media and industry experts are raving about the Toon Finance Coin and how it can be the next big story to come out of the cryptocurrency world in the months to come.
We have also been quite excited about this coin and more so for the various other things that are to come including their NFTs. The cute, little Toonie characters have won us (and thousands across the world) over and we cannot wait to get our hands on one of them.
The team behind Toon Finance Coin has also announced a wide variety of tech and products that are in the pipeline and being developed quite rapidly including the space bridge, metaverse, and more. While in itself, these things will certainly offer some value, they also have the potential to grow multiple times in themselves. They could change the crypto world in the times to come.
So, we are quite bullish on Toon Finance Coin becoming the next big meme coin in the crypto world. In fact, we think it will redefine a meme coin.
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.