Blackberry Inu (BKBY) is a newly launched [meme coin](/news/article/meme-coins) in crypto. Like [DOGE](/coins/doge) and SHIB, these coins also aim to introduce a community-driven platform through which all members can earn rewards. The project is deployed on Ethereum and offers around 100 million tokens. 

This article will explore the new meme coin project and uncover its potential. So, let's find out!  

## What is Blackberry Inu? 

BKBY plans to build an ecosystem like other meme coins with an incentive-based system. It allows you to hold tokens and earn rewards based on the duration you hold them. The [Shiba Inu token](/news/article/shiba-inu-crypto) will also play a vital role in its rewarding program.  

The project is focused on developing a completely decentralised platform that puts the community at the centre. It is also dedicated to mitigating the risk of data leaks in most centralised platforms. Apart from that, the token will likely have several real-world uses, so users can purchase goods and services with it.  

## Blackberry Inu price and tokenomics 

It is still a very new project and has yet to be listed on any major exchanges. Although it gained some traction recently, its price has[ still been volatile](https://www.livecoinwatch.com/price/BlackberryInu-BKBY). 

The tokenomics of BKBY is designed to encourage holders to stake their tokens and play a role in the community. The total supply of these tokens is 100 million, of which 50% will be burned at the launch. Meanwhile, the transaction fee on the platform is 8%. Half the fee is distributed among token holders, while the other half is added to the liquidity pool. Overall, the BKBY tokenomics is designed to boost community participation. 

## Is BKBY coin a good investment? 

It is a recently developed project not listed on any trusted exchanges. Besides, the project's official website isn’t active, and there is no other source to verify the information. 

In addition, there is a lack of clarity regarding its tokenomics and rewarding system as to how it will use the Shiba Inu tokens. Therefore, the future of BKBY seems uncertain right now, so carry out proper research before investing any amount. 

Exploring the Blackberry Inu ecosystem

Dubbed the "dog coin for the people by the people", a new coin recently joined the growing line of dog-themed meme coins, which have become a sensation in the cryptocurrency space. The first one in the Solana (SOL) blockchain, Bonk Inu ($BONK), rallied over 3,600% during the first week after its launch. This article explores the Bonk Inu token, how it compares with other [Memecoins](/news/article/meme-coins), and whether it’s a good investment.     

## What is Bonk cryptocurrency?  

The year 2022 shook the cryptocurrency market to its core, thanks to the highly volatile conditions that led to the collapse of leading market players like cryptocurrency exchanges FTX and others. The Solana network (SOL), a popular destination for innovative crypto projects focused on fun and engagement, wasn’t spared either, enduring severe body blows from vulturine practices of VC token holders mainly interested in profiting from the platform. It’s amid that depth and darkness that the launch of Bonk cryptocurrency brought a sigh of relief to the Solana blockchain.  

Launched on 25 December, 2022, with an airdrop of 50% of its entire token supply, Bonk is a dog-themed [meme coin](/news/article/what-is-a-meme-coin), a Solana-based replica of Dogecoin (DOGE) or Shiba Inu (SHIB). Bonk Inu is essentially a meme coin designed to support its community while also focusing on advancing the platform’s liquidity. In explaining its vision, the token’s [whitepaper](https://uploads-ssl.webflow.com/63d9862f53dc8e65d16eb0e0/63de6fb910d0b94a933c4a2f_BONK-PAPER-040223.pdf) says it aims to overturn the adverse effects of the platform’s being a victim of exploitative venture capitalists and allow community members to restore the power and control of the network to themselves while having fun with BONK tokens.  

## Bonk Inu features and how it works  

The BONK primary utility is a community token meant to empower Solana’s ecosystem, including integrations with the decentralized applications (DApps) built on the blockchain. Besides rewarding the current Solana community members, the token aims to welcome new members by providing a user-friendly entry point for retail users to decentralized finance (DeFi), self-custody, and NFTs.   

While Bonk cryptocurrency falls in the category of meme coins such as Dogecoin, Shiba Inu, and others, it differs slightly from the rest as it’s explicitly designed to support its native blockchain while promoting its future development. The token’s primary utility is to try and push users’ interest toward the Solana ecosystem. Experts believe the enhanced circulation made possible by the initial airdrop could aid the Solana community to realize its potential. 

## Bonk tokenomics 

The official launch of Bonk cryptocurrency, coming just days before New Year’s Eve, gained significant attention since it airdropped half of its total supply of 100 trillion BONK tokens targeting artists, collectors, and developers. The distribution involved 20% of tokens going to investors of 40 leading NFT collections, 15% to those placing trades on OpenBook, and 10% to NFT artists and collectors, with 5% going to developers.    

## Where people use Bonk Coin ($BONK) 

Bonk cryptocurrency has two primary purposes, namely payments and price speculation. While the price has remained volatile since the initial airdrop – which is not strange regarding a new and small altcoin – a sizeable number of investors are buying and selling $BONK in the hope of making a profit.   

As a form of payment, $BONK aims to get fully integrated into Solana blockchain’s existing projects. A few businesses are already accepting BONK payments. Examples include Duel Casino, where users can bet on different casino games, or Aurory, which allows gamers playing against each other to receive their winnings in $BONK. While it doesn’t yet support additional use cases, the token already creates its niche among canine-themed memes.    

## How to buy Bonk Coin (BONK) 

To get started on the different platforms where you can buy $BONK, you need to create an account via email and use your basic personal details for verification. After that, you can connect your new account with your bank to buy Ether (ETH) or Tether (USDT), which you will need to swap for Bonk cryptocurrency tokens. The coin is already available on several decentralized exchanges.   

## Is Bonk Coin ($BONK) a good investment? 

Like all other digital assets, especially [popular meme coins,](/news/article/memecoins-whats-popular) investing in $BONK will depend on numerous factors. Still, it all boils down to a certain degree of speculation considering the developments in the crypto market. If you're going to invest in Bonk cryptocurrency, assess your risk tolerance and conduct your research. Should the project follow in the footsteps of Dogecoin and receive the support of the community, or the team increases the coin's utilities to promote its growth, the token has the potential to be a good investment. 

Bonk DOGE dog on image of trading statistics

Bonk Cryptocurrency: Solana Dog-Themed Memecoin

The cryptocurrency world is littered with slang terms that can confuse the uninitiated. One such term that has gained notoriety is "shitcoin". 

While it sounds unpleasant, understanding what it means is essential for all involved or interested in the cryptocurrency industry. In this article, I delve into the definition, implications, and controversies surrounding the term shitcoin. 

## Shitcoin: Decoding the term 

A shitcoin is a cryptocurrency that lacks value or credibility. Unlike well-established cryptocurrencies like [Bitcoin ](/news/article/bitcoin-forecast-2023)or [Ethereum](/news/article/ethereum-pow-price-prediction), shitcoins often don’t have a solid technological foundation, have little or no real-world utility, and are typically created with the sole purpose of making quick profits. 

Shitcoins are known for their volatile prices, susceptibility to pump-and-dump schemes, and a high risk of investment loss. 

## Characteristics of a shitcoin 

### Lack of Fundamental Value: 

Shitcoins often lack the technological innovation, underlying network, or practical use cases that define reputable cryptocurrencies. They may be created without a clear development roadmap, whitepaper, or experienced team, making them highly speculative investments. 

### Pump-and-Dump Schemes: 

Shitcoins are frequently associated with pump-and-dump schemes, where the creators or early adopters artificially inflate the price of the coin through misleading marketing or false claims. Once the price reaches a peak, holders sell their holdings, causing the value to plummet, leaving unsuspecting investors with significant losses. 

### Limited Liquidity and Exchanges: 

Due to their questionable reputation, shitcoins are often listed on lesser-known or unregulated cryptocurrency exchanges, limiting their liquidity. This lack of availability makes it difficult to sell or trade these coins, adding further risk to investors. 

## The controversy and impact of shitcoins 

### Market Volatility: 

The presence of numerous shitcoins in the cryptocurrency market contributes to its overall volatility. The sudden rise and fall of these low-quality assets can have a ripple effect on the entire market, affecting investor sentiment and leading to potential market manipulation. 

### Investor Protection Concerns: 

A shitcoin poses significant risks to investors, especially inexperienced or uninformed investors. Without proper due diligence, individuals can fall victim to fraudulent projects, losing their hard-earned money. The cryptocurrency industry's lack of oversight and regulation further exacerbates these concerns. 

## Reputational Damage: 

The prevalence of shitcoins has tarnished the overall reputation of the cryptocurrency industry. Scepticism and mistrust have become prevalent, hindering the widespread adoption of legitimate cryptocurrencies and blockchain technology. 

## Identifying and avoiding a shitcoin 

Before choosing to invest in any cryptocurrency, it is crucial to conduct extensive research. Evaluate the project's technology, team members, use cases, and long-term goals. Look for whitepapers, active communities, and partnerships to assess the legitimacy and potential of the coin. 

By adopting a cautious approach and being mindful of the risks associated with a shitcoin, investors can safeguard their assets and contribute to the long-term sustainability of the cryptocurrency market. 

Investing in well-established cryptocurrencies with a proven track record and solid reputation significantly reduces the risk of falling victim to shitcoin schemes. Coins like Bitcoin, [Ethereum](https://ethereum.org/en/), and [Litecoin](https://litecoin.com/en/) have stood the test of time and have a broad user base.

## Regulatory measures and industry efforts 

To protect investors and combat the proliferation of shitcoins, regulatory bodies around the world are taking action. 

Governments and financial authorities are implementing stricter regulations, such as KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, to ensure transparency and accountability in the cryptocurrency space. These measures aim to weed out fraudulent projects and provide a safer investment environment. 

Within the cryptocurrency industry itself, efforts are being made to address the shitcoin issue. Community-driven platforms and forums actively engage in discussions, scrutinising new projects and raising awareness about potential scams. 

Additionally, reputable blockchain projects and industry leaders often condemn and distance themselves from the promotion or endorsement of shitcoins, aiming to protect the integrity of the ecosystem. 

## The role of investor education 

Amid the proliferation of shitcoins, investor education plays a crucial role in mitigating risks and promoting responsible investment practices. 

Understanding the fundamentals of blockchain technology, reading whitepapers, and staying updated on industry news can equip individuals with the knowledge needed to differentiate between legitimate projects and shitcoins. 

Furthermore, fostering a culture of scepticism and critical thinking within the cryptocurrency community is vital. Encouraging open discussions, sharing experiences, and highlighting red flags can collectively help identify and expose potential scams. 

Educational initiatives, online courses, and workshops dedicated to cryptocurrencies and blockchain technology are emerging to bridge the knowledge gap. By promoting financial literacy and empowering investors with the necessary tools, these educational resources aim to reduce the prevalence of shitcoins and foster a more informed and resilient investor community. 

## Conclusion 

In the volatile and rapidly evolving world of cryptocurrencies, a shitcoin serves as a reminder of the risks and challenges investors may face. 

While the term may sound derogatory, it reflects the need for caution and discernment in choosing investment opportunities. Understanding its implications is crucial for navigating the cryptocurrency industry. 

By recognising the characteristics and risks associated with a shitcoin, investors can make more informed decisions, protect their assets, and contribute to the overall growth and legitimacy of the digital asset space. 

The cryptocurrency ecosystem can continue evolving toward greater transparency and reliability through regulatory measures, industry efforts, and individual responsibility. 

poop emoji overlaying image of pile of cryptocurrency coins

Shitcoin: Understanding the controversial term 

Morals of trust, absolute user education, and ease of use may sound like strange terms in a cryptocurrency market where every user is always treading carefully to avoid making a misstep. While it’s hard to associate these things with crypto, we tell you how KODA cryptocurrency is on a mission to change this concept. 

## What is Koda cryptocurrency (KODA)?  

Koda cryptocurrency (KODA) is a dog-themed [memecoin](/news/article/what-is-a-meme-coin) focusing on Bep-20 coins, the native token of the SummitSwap platform. According to its [website](https://koda.finance/), the platform aims to create a secure, easy-to-use cryptocurrency trading environment where fraud, cyber-attacks, and other ills that have long plagued the crypto space become foreign terminologies.  

Founded in 2021 by a team of anonymous developers managed by Summit founder and CEO James Gale, the cryptocurrency didn’t take the “tried and tested” route of making money first and building trust later. Koda took the time to build trust when it operated as Koda Finance to create a stable crypto asset used by a stable company. KODA’s growing list of utilities includes being a medium of exchange for buying goods and services and as a [staking](/news/article/what-is-staking-crypto) or holding token for a chance to earn passive income or other additional long-term rewards.   

## How KODA works  

Dubbed a community-driven crypto coin aiming to redefine people’s perception of cryptocurrencies, Koda cryptocurrency is deliberately designed with community-focused capabilities that reward holders who use and perform transactions using the digital asset. Moreover, cryptocurrency promotes long-term development by introducing constant incentivization through numerous promotional activities and a unique staking model. Stakers’ earnings are paid using the platform’s sister token, Koda-apex (KAPEX) token, a utility/reward token designed to pay KODA holders using a revolutionary never-seen-before code.   

## How to buy Koda cryptocurrency 

Step#1: Visit CoinMarketCap to find where you can purchase Koda cryptocurrency. Search for KODA and tap the button labeled "Market" to see a complete list of exchanges and, under "Pairs", the currencies you can use to buy it.  

Step#2: Select a platform to buy from. Conduct research before settling for one since all platforms have different security, liquidity, and reliability levels. 

Step#3: Make your purchase from the platform you selected. It’s easier to purchase using popular fiat currencies. If you use another crypto, you’ll have to create a crypto wallet supporting KODA.  

## Is Koda token a good investment? 

Many experts and [analysts predict](https://www.coingecko.com/en/coins/koda-cryptocurrency) that the price of KODA will surge in the coming years and possibly hit and surpass the $0.003 mark by 2025 or reach between 0.015 and $0.018 ten years from now. While that may appear like a stretch, anything could change since cryptocurrencies are volatile and things change in an instant one way or the other.  

While there may not be a correlation between the current value of Koda cryptocurrency and its future potential, all indications appear to show a token whose value is slowly inching upwards. Depending on the different market elements and emerging variables that could arise in the entire cryptocurrency market, there’s a chance that even a [beginner’s KODA investment](/news/article/crypto-invest-strategy) will eventually yield a good ROI. 

KODA Cryptocurrency - The Memecoin with Utility

The crypto space is rapidly evolving, where digital assets either surge or plunge in a blink of an eye. Amid the established dominance of traditional players such as Bitcoin (BTC) and Ethereum(ETH), a new category of coins is emerging, blowing the market with its craze. These coins, known as meme crypto, have gained significant traction in the crypto market, capturing the attention of investors with their unique themes and potential for substantial returns. 

[Pepe Coin](https://twitter.com/pepecoineth?lang=en) (PEPE), Dogetti (DETI), and DogeMiyagi (MIYAGI) tokens are among the latest obsessions in the world of meme crypto projects. 

In the crypto sector, the term "meme" denotes a willingness to take risks and invest in relatively unknown tokens that have not yet established themselves in the market, typically in their initial coin offering (ICO) stage. Let's delve into these meme crypto offerings and explore their ecosystems. 

## 1.   Pepe Coin: The frog-themed digital token 

Inspired by the iconic Pepe the Frog meme, Pepe Coin has blown the crypto space with its craze. The Pepe Coin ecosystem is a vibrant community that combines meme culture and blockchain technology, showcasing the potential of digital assets to unite communities and foster innovation. 

Pepe Coin's launch witnessed a remarkable surge, experiencing a staggering increase of nearly 7000% within just 17 days. Its market value quickly soared to $1.8 billion, surpassing even Bitcoin. Trading volumes also skyrocketed, reaching $2.6 billion in the first week of May. 

Although [Pepe Coin](/news/article/pepcoin-what-to-know)'s price has shown some volatility, it remains a significant player with a market cap of almost $740 million. It currently holds the third-largest market cap among meme coins, following Dogecoin and Shiba Inu. Dogecoin boasts a market cap exceeding $10 billion, while Shiba Inu surpasses $5 billion. Pepe Coin, ranked at number 65 by market cap on CoinMarketCap, continues attracting meme enthusiasts and crypto investors. 

## 2.   DogeMiyagi (MIYAGI) 

Amid the recent surge of Pepe and the ongoing speculation surrounding [Dogecoin](/news/article/dogecoin-twitter-doge-payments), a new contender called DogeMiyagi is emerging as a strong rival. Unlike Pepe and DOGE, [DogeMiyagi](https://dogemiyagi.com/) has maintained stability during its pre-launch stage. 

This presents an appealing opportunity for investors to enter at a potentially advantageous price. 

The project prioritises community engagement by providing rewards and a 10% commission on purchased tokens through a unique referral code system. Its Killer Swap Machine (KSM) addresses Ethereum congestion, ensuring secure and compliant token trading. Additionally, DogeMiyagi strongly emphasises security through identity verification, risk assessment, and KYC certification, fostering community trust. 

Alongside Killer Swap, the team is actively working on an NFT project. The project is currently in an intensive research and development phase to establish an elite club for NFT holders. Users can mint exclusive DogeMiyagi NFTs and gain immediate privileged access to the project's exclusive domain through the official website. This NFT venture expands DogeMiyagi's offerings, demonstrating the project's dedication to delivering distinct and captivating experiences for its community. 

## 3.   Dogetti (DETI): The mafia-themed meme crypto 

[Dogetti,](https://dogetti.io/) similar to Dogecoin and Shiba Inu, utilises the influence of memes to attract an active community. However, Dogetti distinguishes itself by aiming to offer practicality to its holders. The team emphasises forming a cohesive community, "The Family", fostering unity and individuality. Incorporating elements inspired by the mafia introduces an intriguing twist to the [meme coin](/news/article/meme-coins) narrative. 

One notable feature that distinguishes the project is its 2% reflection protocol. Each transaction triggers a redistribution of 2% to all wallets, ensuring that everyone receives a share. This continual flow of rewards adds an extra sense of value and appreciation for Dogetti holders. 

Besides this, Dogetti is truly dedicated to making a positive impact beyond its loyal community. The allocation of a 2% tax to a charity wallet demonstrates Dogetti's philanthropic nature. Dogetti exemplifies the potential for meme coins to create real-world change by supporting charitable initiatives. 

## Bottom line 

The rapid ascent of Pepe Coin and utility memes crypto projects such as DogeMiyagi and Dogetti demonstrate the acceptance and craze of digital meme tokens to investors in search of exciting and profitable investments. 

These tokens leverage popular culture, drawing from the viral realm of memes to establish an interactive and lively community. By injecting humour and exhilaration into the cryptocurrency sphere, meme coins have transcended their role as financial instruments, evolving into a cultural phenomenon. 

green image of fiat currency and doge coins

Will Meme Crypto Outshine BTC and ETH in 2023?

Art is not the only valuable collectable on the market. These days, NFTs are out, and NFT memes have taken to the stage.  

## What are Rare Pepes? 

Rare Pepes, sometimes called one of the first-ever NFTs, are digital NFT collections of the popular meme '[Pepe the Frog](https://en.wikipedia.org/wiki/Pepe_the_Frog)’. Pepe the Frog was first created in 2005 by American Matt Furie. The simple carton frog character appeared in Matt’s self-made comic book, "Boy’s Club". 

The meme gained popularity after the comic book was posted on Matt's Myspace account and other platforms like Gaia Online and 4chan. 

## The Rise of Pepes 

By 2014, Pepe the Frog became one of the internet's most popular memes when celebrities like Katy Perry and Nicki Minaj shared the iconic frog meme on their social media accounts, contributing to its popularity. 

Rare Pepes was first issued as an NFT in 2016 by an anonymous user called "Mike". It was minted on an openly distributed Bitcoin blockchain network called Counter Party and traded as an XCP asset. 

In 2018, the final NFT series was released, consisting of [36 unique cards,](https://pepe.wtf/assets), each with distinct production qualities, and there are now more than 100,000 units of this meme-inspired art available. 

## Collecting Rare Pepes 

The value of Pepe NFTs is determined by scarcity, with limited editions or unique designs attracting higher demand. 

Most NFT collectors have found opportunities for financial gain on the cards through strategic trading and investing. 

Nakamoto Card Pepe, the oldest Rare Pepes minted as Card 1 in the first series, was [sold for a whopping $500,000](https://nftevening.com/rare-pepe-nakamoto-card-nft-sold-for-500k-at-nft-nyc/) during the third annual NFT.NYC conference in November 2021. 

## Introducing the platform 

[Rarepepes.com](https://rarepepes.com/) is a dedicated online platform providing a wealth of information on Rare Pepes. It's like a big online library that offers resources providing a deep understanding of Rare Pepes, including details about different collections, historical context, significance, and market value.  

The platform caters to all your needs by offering pricing information, collecting guides, tips for buying and selling on OpenSea, setting up a Rare Pepe wallet, funding your wallet, and so on. 

In addition, the website offers community interaction features (Telegram) where you can connect with other collectors or Rare Pepe lovers and stay updated with the latest news and cool things happening. 

So, if you are an [NFT](/news/article/non-fungible-tokens) collector seeking investment opportunities in these unique artworks, rarepepes.com could be the ideal destination for you. 

## Virtual reality auction 

Another notable feature is its virtual reality auction, an innovative way for collectors to participate in buying and selling. 

This feature, which requires a VR headset, takes the traditional auction experience to the next level. 

Once you're in the virtual auction room, you can view detailed 3D renderings of the cards, inspect each unique design, place bids, and compete against fellow collectors worldwide. 

The last auction took place in November 2021, with various cards available. 

## Conclusion 

These meme-inspired artworks have the potential to gain even greater recognition and value. 

With the ongoing technological development and the growing acceptance of digital collectables, the demand for this unique NFT collection will likely increase. 

In addition, the platform will most likely introduce more features and provide more up-to-date information, facilitating engagement and supporting collectors. 

  

pink image of pepe frog meme nft on abstract background

Rare Pepes: The World of Collectible Meme 

The BONE token assumed market importance when it was announced as the governance token of ShibaSwap, the new decentralized exchange created by the team behind the Shiba Inu token. This close association is perhaps why BONE is known as BONE ShibaSwap token, or simply Shiba Bone in colloquial circles. 

BONE ownership accords voting rights to its holders on the decentralized autonomous organization of ShibaSwap, known as DOGGY DAO. Additionally, BONE ownership can create value for holders if they add liquidity to the ShibaSwap DEX with their tokens or if they stake them. 

Continuous demand for BONE will also come via its use as the gas fee currency for all transactions on the layer-2 network created by the Shiba team. 

It is clear that the concept behind the creation and utility of Shiba Bone has been well thought out. This has created a demand for the token as a traded instrument and a utility token. BONE was introduced in [an earlier article](/news/article/shiba-inu-holders-value-of-bone), where the writer opined that there was value in holding this token in 2023 and beyond. Today, a reappraisal will see if there is still value in being a BONE token holder in 2023. 

## Shiba Bone tokenomics 

The maximum supply of the BONE token is 250 million tokens, of which 229 million constitute the current circulating supply. A mining cap of 230 million tokens was implemented to prevent over mining and subsequent oversupply. The balance of this supply is set aside as rewards for validators and developers maintaining the network's security. 

Price action of the Shiba BONE token continues to follow that of Bitcoin, with dips and rallies closely mirroring that of the BTC/USD pair. BONE is also seeing significant market volume. It traded more than $4.15 million worth of shares in the last 24 hours, and has experienced demand that has pushed it above the $1.05 mark. The BONE token has seen its share price lifted in the 24 hours preceding this piece. However, it remains well off its 30 August 2022 all-time high of $2.39. 

Shiba BONE price performance in 2023 

As the governance token of the blockchain that features Shiba, BONE has attracted a lot of interest from holders of Shiba Inu. Here is an overview of its recent price performance: 

- 24 hours: a gain of 6.82%, allowing it to trade at $1.015 

- 7 Days: down 7.54% 

- 30 days: down 14.15% 

- 60 days: down 46.30% 

The 90-day retracement has seen the Shiba Bone governance token price drop from $0.2759 to $0.07002. The token continues to attract good trading volume, with $6.25m worth of transactions performed in the last 24 hours. 

The recent uptick in the price of BONE is directly linked to the recovery of Bitcoin prices. BTC recently hit the $30K mark but has been unable to move further north. Coming from the previous resistance of $25K, several tokens that tend to move in tandem with BTC also recorded mild gains. 

How BONE token holders can get better value 

BONE token is a governance token for ShibaSwap. As such, BONE token holders will benefit from earning rewards when they provide liquidity to the Shiba network. BONE is an ERC-20 token, so it can be swapped for other ERC-20 tokens. It is also possible for BONE holders to earn interest by staking their tokens on compatible platforms. 

BONE remains unlisted by Binance, Kucoin, or any of the major centralized crypto exchanges. So what exchanges can holders of Shiba's BONE token place their holdings to benefit from the potential value-additions? 

a) Crypto.com. 

b) MexC. 

c) OKX. 

d) Uniswap (v3.0). 

e) Gate.io. 

f) Coinex 

Crypto.com and MEXC are the exchanges with the largest BONE deposits on the exchange wallet, accounting for 12.98% and 7.42% of the [total on-exchange BONE holdings of traders](https://etherscan.io/token/0x9813037ee2218799597d83d4a5b6f3b6778218d9#balances). Indeed, Crypto.com is said to have purchased 2.1 million BONE tokens as recently as March 2023. This coincided with the launch of the Beta version of the Shibarium network. 

OKX is third with 3.41% of holdings. The percentage of BONE tokens warehoused on Gate.io and the ShibaSwap Treasury Wallet are much smaller, as each does not account for up to 1% of holdings. 

## Adding liquidity 

Providing liquidity on ShibaSwap is known as the DIG function. When accessing the ShibaSwap website, click the DIG button -> Add Liquidity. You can pick a combination of two cryptos to use in the process. BONE is an ERC-20 token, so Ethereum is a logical choice of crypto to use in the swap. BONE will be the destination crypto. 

![shibaswap screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_17_at_14_55_15_38928d6965.png)

You may have to use the search bar to call it up by typing the "BONE". Input the number of tokens to be used in providing liquidity, then click "Connect Wallet" to complete the transaction with Metamask, Coinbase Wallet, or WalletConnect. 

## Staking tokens 

Staking on ShibaSwap is known as BURY. You can bury Shiba, Leash, or Bone tokens. When you stake BONE, you receive tBONE as your Woof returns. These are awarded based on the APY displayed on the DEX platform. The lock-up period is currently six months. 

## Conclusion 

The Shiba BONE token is still worth holding in 2023, but it would help to add more value to the HODLer if these tokens are put to work in adding liquidity and being staked. 

shiba bone logo on green image of cryptocurrency

Is the Shiba Bone token still worth holding in 2023? 

As the crypto market undergoes a muted recovery, several projects are going into presale. One such project is [Big Eyes](https://bigeyes.space), a new DeFi project that features a meme coin dabbling into the world of non-fungible tokens (NFTs).

Many meme coins have been developed since the Doge meme coin Shiba Inu became the most successful. Apart from the Shiba Inu coin, none of the other Doge meme coins found much success in the market. Some started well but got destroyed by the crypto winter of 2021-2022.

## Big Eyes crypto: The appeal

What makes Big Eyes crypto different from all the other meme coins? Firstly, Big Eyes has deviated from the dog-themed memes and has gone the way of the cat. Older meme coins in the market were patterned after [Dogecoin](/coins/doge), its leading promoter Elon Musk, or the famous Shiba Inu dog breed that represents the logo of Dogecoin.

Secondly, in trying to avoid the pitfalls of other meme coins, which were just copycats of Doge without offering anything substantial of value to the crypto ecosystem, Big Eyes crypto has come up early with a concept of being a [DeFi coin](/news/article/debank-defi-tool) with an imprint in the NFT world.

Thirdly, Big Eyes also has a charity component to its ecosystem. It has a background theme rooted in environmental preservation, specifically the recovery and preservation of the world's oceans, currently riddled with plastic and other waste products. Climate change and environmental conservation are presently on the front burner of today's discussions among the world's leaders and captains of industry.

So Big Eyes is not all about creating the next big meme coin and serving as a platform for tomorrow's in-demand NFTs, and this separates it from the older meme coins in the market.

## What is the concept of Big Eyes crypto?

Big Eyes aims to self-propagate itself via NFTs. [Uniswap](https://uniswap.org/) is the designated decentralized exchange (DEX) where the Big Eyes token will be sold after launch. All NFTs sold will be subject to a 10% withholding charge, of which 4% goes to the original seller, 5% to the holders, and 1% to the charity wallet.

The project's tokenomics shows that the community will own 90% of the tokens. The rest will be split between a Visible Charity Wallet and a marketing wallet on an equal basis. The tokens destined for the community will be sold during the presale (70%) and on exchanges after launch (20%). The charity wallet will hold tokens that will eventually be sold and used as contributions to efforts to save the world's oceans.

## How to join the Big Eyes crypto presale

The presale is currently on, with the project's presale website reporting that it has raised more than $29 million. You can buy into the presale using Binance Coin, Ethereum, or Tether (USDT). You must connect your browser-based MetaMask wallet or Trust Wallet to pay for the subscription directly from your wallet once you connect it to the presale page. Mobile purchases must be made using the Trust Wallet.

Currently, 1 USDT can purchase 2028.99 BIG tokens. There are still 7.23 billion of these tokens available as of writing. The project's next stage would be its launch, where tokens will be sold at six times the presale price. The Big Eyes crypto price prediction is that it will eventually hit $1, 10,000 times the presale price.

While these projections may look ambitious and mouth-watering, considering that Shiba Inu did a 10,000% appreciation run, remember that projections do not guarantee future returns.

Gone are the days when people jump into a meme coin and pump it by thousands of percentage points. This time, an attractive use case must focus on Web 3.0 projects such as the Metaverse. Therefore, the team behind Big Eyes must find a way to direct their project to these growth markets and find innovative ways to capture the essence of its environmental protection goals.


big eyes NFT logo on image of NFT on a computer desk with pink filter

Big Eyes Crypto Presale Explained 

[FLOKI](https://coinmarketcap.com/currencies/floki-inu/), the novel token of the Floki ecosystem, has spiked by approximately 390% since the start of 2023, data from cryptocurrency price tracker CoinMarketCap showed.

The cryptocurrency has benefited extensively from the [crypto](/news/article/uk-crypto-atm-raided-by-financial-regulator) market's rebound this year after the entire sector plunged to new lows on the back of a bearish outlook in 2022 that saw many firms reduce their headcounts. 

While some analysts have attributed the price spike to industry-wide gains, the increase in the [token's](/news/article/robotera-metaverse-token-presale) value is largely down to accomplishing milestones and setting up new ones.

## Floki price jumping as a result of the roadmap 

On 21 February, the crypto company published its [roadmap](https://realflokiinu.medium.com/floki-2023-roadmap-8532b29ad63b) for the year. While the first phase, which featured the launch of the project’s shop, a partnership with Binance Pay, an upgrade of the Valhalla Website, the development of a Chinese Whitepaper, and a partnership with Pyth Network has been completed, other developments are still in progress.

These milestones include the launch of the crypto asset on the OKX chain (which also houses the well-known cryptocurrency exchange OKX), integration with decentralized finance (DeFi) lending and borrowing protocols, the first major upgrade of Floki Finance, and the first phase of staking.

The second phase of staking, the redesign of Floki Finance, and the release of the Debit Card will come off in phase two, while Floki Finance Project TL and University of Floki (phase three) and Valhalla Mainnet launch, Valhalla Chinese Version, and the project's Mystery Project will follow accordingly in phase four.

In crypto, prices are normally driven by the adoption of a cryptocurrency by a mainstream company as a payment method, the addition of a coin or token by a major exchange, and the provision of staking services, which brings passive income to traders and investors.

Since the digital currency has triggered two of the three price drivers (staking and exchange listing), it explains why it reached a yearly high of $0.00006684 on 16 February. 

## FLOKI price gains dwarf Shiba Inu and Dogecoin

While Dogecoin (DOGE) and Shiba Inu ([SHIB](https://coinmarketcap.com/currencies/shiba-inu/historical-data/)) continue to dominate the meme-inspired digital currency sector of the crypto economy, their gains are smaller than the coin named after [Elon Musk’s](/news/article/elon-musk-twitter-dogecoin) pet. 

While FLOKI holders have seen their portfolios rise more than three-fold, (SHIB) has increased by 8% while [DOGE](https://coinmarketcap.com/currencies/dogecoin/) has gone up by 20% since 1 January.


price chart in green with the floki inu logo of a dog and helmet on

Floki Price Jumps More than 300% Year-to-Date 

Is it possible that the Shiba Inu price could reach $10 by 2024?

The [Shiba Inu](/news/article/shiba-inu-holders-value-of-bone) coin, inspired by the popular dog breed, has gained a significant following in the market. Originally conceived as a joke, the coin has evolved into something more serious over time.

Since its launch, the price of the coin has undergone significant fluctuations. Although it had limited popularity initially, the coin experienced a surge in 2021, propelling it into the spotlight. The coin intends to become the Ethereum-powered equivalent of Dogecoin's mining algorithm, which uses Srypt. At the same time, introducing Shiba Inu in the [Shibaverse](/news/article/shibaverse-coin) metaverse could potentially drive up trading prices.

## Developments in the Shiba Inu ecosystem

The Shiba Inu ecosystem comprises decentralized applications (DApps), protocols, and open-source platforms that allow for the creation of smart contracts and DApps on the Ethereum blockchain. Additionally, it includes the SHIB token, which is used for purchasing goods and services within the ecosystem.

As anticipated, [Shibarium](/news/article/shibarium-release-date-update), the Layer 2 protocol of the platform, is progressing well. This advancement will allow users to transfer assets at a reduced gas cost, facilitating the completion of minor transactions through DApps supported by Shiba Inu.

Additionally, the team has enlisted new developers to enhance the platform's user interface and experience. ShibaSwap gathered close to $1 billion in locked assets in just one day, confirming SHIB's position as more than just a meme cryptocurrency. The collaboration between Shopping.io and Shiba Inu provided a further boost, as customers could utilize SHIB as a payment option on major retailers such as Walmart, Amazon, and eBay.

## Can Shiba Inu price 2024 touch $10?

The total supply refers to the number of coins that exist, excluding any that have been burned. This can be compared to the outstanding shares in the stock market. At the time of writing, there is a circulating supply of [0.549 trillion](https://coinmarketcap.com/currencies/shiba-inu/) coins, so if we think about a $10 price of these tokens, we are talking about a market cap of $5.49 trillion, which seems to be unattainable at this point.

## A Shiba Inu price 2024 of $10 seems unlikely.

As per [AMB CRYPTO](https://ambcrypto.com/predictions/shiba-inu-price-prediction-2024), the price of Shiba Inu in January 2024 is expected to fluctuate between $0.000027 and $0.000031, with an average price of approximately $0.000029.


green image of shiba inu coin on pile of cryptocurrency coins

Could Shiba Inu Price Reach $10 by 2024? 

Kiba Inu is not just a meme coin, as a first glance may lead the reader to suspect. Instead, it is a full-service blockchain project that features a decentralised exchange, a governance token (KIBA), and various other tools found within its network.

The project claims that it is committed to restoring the integrity of meme coins by building projects that add value to the ecosystem. 

This is a lofty idea, as several meme coins which spawned after the initial success of Shiba Inu were mere pump-and-dump projects that only made money for the creators and not for members of the ecosystem at large.

This project has an opportunity to benefit from some of the recent dysfunction in the crypto market created by the [collapse of centralised exchange FTX](/news/article/ftx-collapse-blockfi-suspend-withdrawals) and other lending projects that had hefty leveraged exposure to the exchange. Some have argued that the collapse of FTX has damaged confidence in centralised crypto exchanges. But this event inadvertently created a window of new opportunities for decentralised exchanges to grow their market. This is an opportunity that the Kiba Inu project can develop if it strikes the right chord with the market.

## Kiba Inu's story so far

As with several other meme coins, Kiba Inu debuted on several centralised and decentralised exchanges to much fanfare in May 2022. However, the crypto market was already in a full downtrend, and aside from the considerable surge seen on the listing day, the price of the token hit rock bottom soon after.

So hard was its fall that it met lows that took out listing lows. After hitting its lowest point in December, a month in which the token shed a further 33% of its November 2022 value, the token has benefitted from the brief resurgence seen in January 2023. The 75% gain seen so far has eclipsed the December 2022 highs, and the technical pattern on the long-term charts suggests that 2023 could be the year a gradual recovery starts.

## Where can you buy Kiba Inu tokens?

KIBA tokens are available on several centralised and decentralised exchanges. Decentralised exchanges that offer KIBA as a swap-enabled token include PancakeSwap, UniSwap, and Kiba Inu's DEX, Kiba Swap. You may also purchase the tokens using fiat currency on Flooz Trade or Fiatom. Gate.io, Hotbit, Digifinex, and Bitrue are centralised exchanges where you can purchase KIBA using Bitcoin, Ethereum, and stablecoins such as USDT or USDC. The Kiba Swap exchange is the primary decentralised exchange for obtaining the KIBA tokens.

## What activities are performed on Kiba Swap?

[Kiba Swap](https://kibainu.com/#/swap) is a decentralised exchange (DEX) that features a traditional swap exchange, a trade portal that offers traders the chance to trade with limit prices, and a cross-chain bridge that allows the transfer of tokens between different blockchain networks. Kiba Swap is a non-custodial exchange, meaning that users keep their tokens in wallets that are not warehoused on the exchange itself.

a) Swap portal
This traditional DEX allows owners of specific tokens to swap them for other tokens that share the same network. The standard base tokens on Kiba Swap are KIBA, Ethereum, USDC, USDT, DAI, WBTC, and WETH. These can be swapped with 1inch, AAVE, APE, AUDIO, AXS, BAND, CRV (Curve DAO), GALA, KNC, and other external tokens. You can also add external tokens by managing your token lists.

b) Trade portal
Kiba Swap's limit order trade portal offers crypto owners the opportunity to buy or sell their favourite cryptos at beneficial prices that are different from the market price. For instance, those selling their tokens can choose to do so at a higher price than the market price to get a better deal and potentially make more profits. Those who want to buy tokens can set lower prices for their entries to secure better pricing.

c) Crosschain bridge
What can you do with the cross-chain bridge? Various stablecoins (USDC, USDT, LUSD, DAI), FRAX, ETH, and STG can be moved from their parent networks to other networks. Featured networks include Ethereum, Arbitrum, Fantom, Avalanche, Polygon, and the Binance Chain. Kiba Swap currently does not have an active liquidity pool for crypto lending.

## Conclusion

The performance of the KIBA token in 2023 and beyond will be tied directly to the degree of success the Kiba Inu team has in onboarding new clients who will be active users of its Kiba Swap decentralised exchange.

The recent gains seen in the KIBA/USDT and other KIBA pairs are more of a market response to Bitcoin's latest move toward the $22,000 mark. If the KIBA token is to recover its 2022 listing highs, Kiba Swap needs to capture a significant chunk of the DEX market share currently controlled by Uniswap and PancakeSwap.


Kiba Inu: The Long Road to Recovery 

Dogelon Mars is back in the news. With a current market capitalization of $183.38 million and a circulating supply of 549,040 billion tokens, [Dogelon Mars](https://twitter.com/dogelonmars?lang=en) is ranked number 152 in the list of cryptos by market cap. It is one of the Dogecoin-themed meme coins.

Dogecoin received some promotion from Elon Musk via a series of tweets in December 2019, leading it to become one of the most sought-after altcoins that produced a massive price appreciation.

Subsequently, various altcoins were created, either bearing semblance to the symbol of Dogecoin (such as Shiba Inu, the name of the dog features as Dogecoin's logo), or by having some labelling with Elon Musk's name. These meme coins found success for a while, but the crypto market downturn has erased the meme effect and left the coins to find their feet on their own value.

## Dogelon: the story so far

In April 2022, a petition was started on Change.org urging Binance to list Dogelon Mars on its exchange. At that time, it was approaching a $1 billion market cap and seeking 25,000 signatures. In October 2022, rumours of a potential listing by Binance surfaced, and the token shot up 4,194%. However, this listing did not materialise. In the following months, Dogelon Mars gave up all these gains. This is not the first time rumours of a Binance listing have dogged the token. Some of these rumours date back to 2019, but have never resulted in anything substantial.

The gains seen in the ELON token this January are not linked to any listing rumours. They have come as the entire market witnessed a slight push to the upside. The recent market gains result from a shift towards risky assets after data from the US indicated a cooling of consumer inflation. The drop in the US Consumer Price Index has led to bets that the Federal Reserve would force down the size of future rate hikes, with 25 basis points being the preferred number.

This is exerting a downward pull on Tether (USDT) and other USD-pegged stablecoins, allowing tokens like ELON to enjoy a level of price appreciation. While the 19% gains seen this January is a far cry from some of its earlier improvements, the Dogelon Mars community seems excited by what they perceive as a renewed push by the meme coin to get back some of its old shine. The fact that 18,448 people have signed the Change.org petition as of writing is a testament that there are still those who want to pressure Binance to list the ELON token.

The push to get listed on Binance came when there was no clear-cut information about its tokenomics and what value the project would add to the crypto ecosystem. At the time, it seemed that everything that Binance touched turned to gold. 

Even tokens that were floundering on other exchanges got a shot in the arm that turned them into a speculator's delight. It was clear then that the promoters of the Dogelon Mars petition were out to cash out big from every token that had some kind of association with Elon Musk or Dogecoin, either by name or otherwise. That attempt may have worked in October 2022, but it is clear that it has failed miserably in the long run.

The deepening winter in the crypto market and the fallout of the collapse of FTX, Celsius, AAX, and several crypto exchanges and lending platforms means it will be harder for tokens to command appreciation from just a mention of a purported Binance listing.

## Dogelon Mars: What does the future hold?

If Dogelon Mars is to rise from the ashes, the team behind the token has to return to the drawing board and think out a strategy to shift this coin from being just another meme coin to something of real value to the ecosystem.

They need not look too far. [Shiba Inu](/news/article/shiba-inu-news-will-it-rise) was the first meme coin patterned after Dogecoin. It rode the speculation train for a while until the team decided to reconfigure the project to extract value for both project owners and token holders. The SHIB project now boasts a robust ecosystem of its own, featuring three tokens (BONE, Shiba Inu and Leash) and the Shibarium Layer 2 protocol. A launch into the Metaverse is scheduled for 2023. The recent resurgence of the Shiba Inu and BONE tokens is not accidental. The Dogelon Mars team needs to follow a similar pathway to make the ELON token a thing of value. The meme effect is not going to cut it going forward.

## Conclusion

The current price action on Dogelon's pairing with Tether (the most traded pair of this asset) indicates the brief upside move that has taken it from the low of November/December 2022 to its current levels appears to have stalled. This situation is in keeping with the current expectations.

The 19% move higher was only a drag effect exerted by Bitcoin on the entire market. For Dogelon Mars to witness any real price recovery to its previous highs, there has to be a concerted effort by its developers to create value from the ecosystem. 

Otherwise, the ELON token may fall by the wayside even before the market takes a turn for the better.

There is still time for the developers behind Dogelon to make the necessary changes. Shiba Inu is a classic example of how value addition can make all the difference in a token's valuation.


Is Dogelon Mars a Buy After the Recent Upside?

Dogechain bridge allows holders of $DOGE coin to gain more utility for their coins beyond transactions.

This year has been a rollercoaster for crypto lovers. From [TerraLuna's collapse](/news/article/terra-luna-collapse) to [FTX's bankruptcy](/news/article/ftx-collapse-blockfi-suspend-withdrawals), many events shaping the crypto market have occurred this year. They have led crypto holders through many emotions, including fear, anxiety, worry, relief, and devastation.

Amid all this chaos, Dogechain was launched in September.

## What is Dogechain?

First, I'd tell you what it isn't. Dogechain isn't an offshoot of Dogecoin, regardless of how similar they sound and how intertwined they are.

There are many technical and somewhat unclear definitions of Dogechain out there. The simple explanation is that Dogechain is a Proof-of-Stake blockchain built on the Polygon network to improve and increase DeFi access for Dogecoin users.

Dogechain was built to improve Dogecoin and create new avenues where it can be used to access the wider world of DeFi. Polygon Edge, the network on which the Dogechain is built, supports the building of EVM-compatible (Ethereum virtual machine) blockchains that allow the creation of decentralized applications, tokens, and the minting of NFTs.

This opens considerable possibilities for Dogecoin holders, who can now gain more utility beyond simple transactions from $DOGE. But how will that work when $DOGE cannot be used on Dogechain?

## How does Dogechain bridge work?

To combat the compatibility problem between $DOGE and Dogechain, the founders of Dogechain created the Dogechain bridge.

The idea of a bridge in cryptocurrency isn't new. Dogechain bridge was built on that concept to find a way for Dogecoin users to port and use their $DOGE in the new blockchain.

How the Dogechain bridge works is that when you send $DOGE,  a multi-signature smart contract keeps the $DOGE in escrow and then mints its equal in $wDoge. So, if you send 200 $DOGE, you'll get 200$wDOGE which you can then use to [access DeFi, buy NFTs, or use DApps](https://learn.bybit.com/blockchain/what-is-dogechain/).

You should note that Dogechain has a minimum amount of 100 $DOGE you can send over using the Dogechain bridge. Anything less than 100 $DOGE wouldn't fulfil the requirements for the smart contract conversion of $DOGE to $wDOGE.

Beyond the immediate ability to use Dogecoin on an EVM blockchain, this Dogechain bridge almost completely erases the barriers to entering DeFi and NFTs for holders of the famous memecoin.

It also means more development and growth for Dogechain. Developers can build DApps, Metaverse, GameFi, and digital marketplaces, while Dogecoin owners can interact with Dogecoin on those apps.

## Concerns over Dogechain bridge

The concerns around the bridge converge on one point - security. However, Dogechain says it has this under control. Although they won't be using Polygon's security measures, they are prepared to ensure secure transactions for users.

## Conclusion

Dogechain is just a few months in and has already seen massive interest. As of now, more than 200 million dollars worth of Dogecoin has gone through the bridge. Although this presents as only 2.5% of all the $DOGE in existence, it is still a great start.

As more people explore and benefit from this new ecosystem, more will be excited to join. It's just a matter of time.


green image of techy modern bridge with dogecoin on centre

Dogechain Bridge Explained

[Dogecoin](/coins/doge) introduced a new genre among cryptocurrencies, which is meme coin. It was followed by the tokens like [Shiba Inu](/news/article/shiba-inu-coin-burn), Baby Doge, Dogelon Mars, and others. Now, a newcomer, [Tamadoge](https://tamadoge.io/) is making waves in the industry. 

The [meme coin](https://www.investopedia.com/meme-coin-6750312) introduces you to the Tamaverse. It is a fun play-to-earn (P2E) game where these tokens are the natives. The gameplay and the platform's working are similar to [Axie Infinity](/news/article/axie-marketplace-platform). Here, Tamadoges are your NFT pets; you can breed, mint, train, or fight battles with them.

Are you wondering what’s the hype about Tamaverse and whether you can generate profits with TAMA? Let’s find out!

## How does the Tamadoge P2E platform work?

Tamaverse introduces a complete crypto game that could compete with top-rated [play-to-earn games](/news/article/play-to-earn). The ecosystem is inspired by Dogecoin, and the game is themed on it. It offers its native cryptocurrency, Tamadoge (TAMA), and Shiba Inu-like non-fungible tokens. 

It is an idle fighting game that you have to play with your pet Tamadoges. You can train them for the fights and breed and mint them to get more NFTs. You can also improve your ranking on each month’s leaderboard as you win battles. 

Moreover, the game plans to create augmented reality-based gaming experiences in the coming years. It will allow you to socialise with fellow gamers through your NFT characters. Therefore, Tamaverse is considered to be a much more advanced version of the Doge ecosystem.

## What’s Tamadoge crypto (TAMA)?

Tamadoge crypto is the utility token on the platform. You can make all types of trades within the ecosystem through TAMA. Currently, each TAMA token’s value is $0.01712, according to [CoinMarketCap](https://coinmarketcap.com/currencies/tamadoge/). Furthermore, there is a max supply of 2,000,000,000 tokens with a market capitalisation of $22,601,744. 

It is a deflationary token, so there are currently 1,418,004,176 TAMA in circulation. From the total supply, 50% was introduced in the market at the presale, and 20% was reserved for the exchange pool. Another 30% is dedicated to future Tamadoge projects and will be unlocked in 10 years. 

## Tamadoge: Why all the hype?

Although it has many similarities with meme coins, it is backed by an innovative and diverse project. It is the first project which is not only famous for [memes](/news/article/elon-musk-memes) but also offers various utilities. 

The token was launched in July 2022 and already has a market cap of $22,601,744. It is a remarkable feat for any blockchain project undertaken in a crypto winter. Moreover, the crypto has also made its all-time high of $0.1957 a couple of months back. It is showing an upward movement of around 28% in the past 24 hours.

The platform aims to shape a Metaverse through P2E gaming and incorporating augmented reality. That's why it is gaining the attention of both the meme community and gamers. Because of this, it is well-positioned to make strides in the future. 

## How to buy TAMA?

If you are intrigued by this meme coin, here’s how you can buy it!

1.	Create an OKX account
Tamadoge is listed only on a few crypto exchanges as of now. However, OKX exchange is one of them, and you can easily purchase TAMA through it. Firstly, you have to create an account on the exchange. 

It is a straightforward task that requires your phone number, email, and a secure password. You can go ahead with the signup by providing these details and then confirm your account with the code link. 

2.	Purchase USDT
Afterward, you must purchase Tether ([USDT](https://news.monitalks.io/coins/usdt) to get TAMA coins. Use your card, debit or credit, to buy the stablecoin from OKX directly. If you already own USDT in another wallet, you can transfer the amount to the exchange wallet.

3.	Buy TAMA
With this, you will be all set to buy TAMA coins from OKX. Here, go to the Trade option and then click on Spot Trade. Then look for the USDT/TAMA trading pair and select the Market tab. Finally, enter the amount of Tamadoge you want and proceed with Buy TAMA. 

## Closing thoughts

Tamadoge is a new addition to the group of [meme coins](/news/article/memecoins-whats-popular). Since its launch, it has created much buzz in the industry in such a small span. 

Its diverse TamaVerse attracts gamers, too, as it offers P2E functioning. Also, as it aims to introduce AR-based experiences, it will further increase the use cases of the coin. Therefore, the hype for this new coin is very much justified.


Tamadoge 101 - A New Meme Coin

[FLOKI](https://www.floki.com/#hero) Inu is the people's [cryptocurrency](/news/article/which-uk-banks-allow-cryptocurrency-purchases); the platform empowers and supports individuals rather than venture capitalists and hedge funds by combining the power of memes with genuine value and philanthropy. 

The platform appears to believe that that harnessing the power of memes is the only way to effectively mainstream cryptocurrencies and achieve widespread acceptance. This is because memes can appeal to all, regardless of age, experience or wealth. Blockchain technology and cryptocurrencies are only good if they improve people's lives and contribute to a better society, which is why philanthropy is a big part of Floki Inu identity. As a result, the primary objective is to construct a school on each continent.

## Purpose of Floki Inu

Floki is a cryptocurrency on the Ethereum blockchain and the Binance Smart Chain. Every transaction or exchange has a tax of 3%. This tax funds their treasury, utilised for project development, partnerships, making the world a better place through philanthropic activities, and raising platform awareness. Solidity has audited the Floki smart contract. 

The platform's play-to-earn NFT metaverse game aims to deliver A-level gaming aspects on the blockchain and upgradeable NFTs.

## Floki Inu tokens

According to the [whitepaper](https://docs.theflokiinu.com/), it is a working multi-utility [token](/news/article/xdb-news-token-swap) intended for decentralised trade among platform members. 

The goal of introducing tokens is to provide a simple and secure form of payment and settlement amongst ecosystem members without using intermediaries such as centralised third-party businesses, institutions, or credit. 

The supply and demand for the token connect between ecosystems via a 1:1 swap. Holders can move their tokens between the BSC and ETH blockchains via the FLOKI ETH-BSC atomic exchange bridge. The FLOKI transaction fee of 3% can not be charged when users bridge tokens between blockchains, implying that when users transfer tokens between the ETH and BSC networks.


What is Floki Inu?

In this article, we'll look at the latest Shiba Inu news. Before we do, let's understand what we're talking about. SHIB is a decentralised cryptocurrency founded in 2020 by an anonymous individual Ryoshi.

The SHIB is an Ethereum-based ERC-20 coin designed to compete directly with Dogecoin. The coin does not support smart contracts and has no assets backing it. It can, however, be passed from one user to another.

The latest [Shiba Inu](/news/article/shiba-inu-coin-burn) news reveals that the coin's price could [rise by nearly 150%](https://cointelegraph.com/news/shiba-inu-price-drops-to-record-low-vs-dogecoin-will-history-repeat-with-a-150-rally) compared to its top memecoin rival, Dogecoin, in the coming months, as per technical fractal.

## SHIB sets a new low against DOGE

The bullish setup appears as the SHIB/DOGE pair has recovered slightly after falling to 0.0000841 – its lowest level ever – on 1 November. Since November 2021, the price level has coincided with a descending trendline that has supported the pair.

For example, Shiba Inu's previous drop to the trendline occurred in May 2022, followed by a 100% recovery rally in the following three months. Similarly, the SHIB/DOGE pair recovered by more than 50% in less than a month in January 2022.

Interestingly for followers of Shiba Inu news, all of the SHIB/DOGE's rebound moves had their primary upside targets in the 0.0002186-0.0002536 range.

![Picture1 shib.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_shib_50fd8b246a.png)
 
If history repeats itself, SHIB could see a sharp bullish reversal versus DOGE, with the upside target in the 0.0002186-0.0002536 range. In other words, a 150% price increase by Q1 2023.

Furthermore, the pair's daily relative strength index (RSI) indicates extreme oversold conditions after falling to its lowest levels in history, implying that a rebound is imminent.

## SHIB price in the USD pair faces greater losses

More hints about an impending SHIB/DOGE pair rally can be found in how these [memecoins](/news/article/memecoins-whats-popular) have performed against the US dollar.

Notably, the [Dogecoin](/news/article/dogecoin-to-gbp) price increased by more than 100% in relation to the dollar in October as traders anticipated its potential integration into Twitter after [Elon Musk](/news/article/elon-musk-twitter-deal) completed his buyout of the social media giant.

Late in October, as a result, DOGE's daily RSI crossed over 95, making it the most overbought since April 2021. As of 3 November, the coin's technical condition was still overbought, suggesting that a price correction could occur soon.

To put it another way, by the end of 2022, [Dogecoin](/news/article/should-i-buy-dogecoin) could decline towards $0.055, or 60%, from current price levels.

On the other hand, Shiba Inu posted a 10.5% profit at the end of October, and, as of right now, its RSI is in the neutral 30-70 range, indicating less sell-side pressure than DOGE.

Based on recent fluctuations inside an ascending triangle range, a 10%–15% short-term price correction to $0.00001088 is still possible for the SHIB/USDT pair.

![Picture2 shib.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture2_shib_cca9687281.png)
 
However, a break below $0.00001088 raises the possibility of an ascending triangle breakdown.

When such breakdowns occur during a downtrend, the price is frequently driven to its maximum height.
In the event of a clear breakdown, Shiba Inu's price could plunge to $0.00000682, a 45% correction by Q1.



green image of altcoins and shiba inu dogs in foreground

Shiba Inu News: Will it Rise to 150%?

There is trending speculation of a rumoured Elon Musk Twitter Dogecoin arrangement. This rumour was spiked by the latest tweet about Twitter's new look, which Twitter's new CEO, Elon Musk, called "Twitter 2.0 Plan" - "The everything app".

This has made investors excited about the possibility of the [cryptocurrency DOGE](/news/article/elon-musk-twitter-deal) being integrated into Twitter. 
This recent disclosure, in a tweet yesterday, by Musk - who shared lots of slides on "Twitter company Talk" albeit without any mention of Dogecoin - saw the DOGE price surge to 19.4% from $0.089 to $0.107 before cooling off to $0.096, [as reported by CoinDesk](https://www.coingecko.com/en/coins/dogecoin).

![Picture2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture2_1cf9f20662.png)
 
However, [according to Coinbase, the price of Dogecoin, which has been on the rise by 26.75%](https://www.coinbase.com/price/dogecoin) in the past seven days, declined by 0.72% in the last 24 hours. In the past hour, the value increased by 1.83%. The current price is $0.096255 per DOGE. Dogecoin is 86.99% below the all-time high of $0.74.

You will recall that on 16 May, Musk tweeted a mock-up of what he called "Twitter 2.0" that included a Dogecoin tip button. The tweet sent Dogecoin's price soaring by nearly 30% in just a few hours. Musk, now Twitter's biggest shareholder, has been a long-time supporter of Dogecoin, [often tweeting about the cryptocurrency and even calling it his "favorite" coin](https://www.google.com/amp/s/www.coindesk.com/markets/2019/04/02/elon-musk-calls-dogecoin-my-fav-cryptocurrency/%3foutputType=amp). 

## Elon Musk Twitter Dogecoin Rumours

In another tweet, world-renowned golfer, Matt Wallace, said, with a hashtag:

"#Dogecoin Acceptance for Twitter Blue Would Be Awesome."

This tweet further deepened speculation on the future of a Twitter Dogecoin payment integration arrangement.
 
![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_1ed3d1e487.png)

If Twitter were to integrate Dogecoin into its platform, it would give the cryptocurrency a major boost in exposure and could lead to more mainstream adoption.

More rumours abound amid speculation that [Twitter may be working on a wallet prototype that supports cryptocurrency deposits and withdrawals](https://cointelegraph.com/news/twitter-will-do-lots-of-dumb-things-in-the-coming-months-elon-musk/amp). That, plus an announcement of [an $8 monthly subscription model](https://cointelegraph.com/news/crypto-fans-should-get-behind-elon-musk-s-subscription-model-for-twitter/amp), led to a 40% surge in price.


Elon Musk Twitter: Dogecoin Spikes Over 

Looking for analysis of the Shiba Inu price in GBP and the forecast for the future? You've come to the right place. 

The week has been quite progressive for [meme coins](/news/article/memecoins-whats-popular). Where [Dogecoin](/news/article/moon-dogecoin) soared with Elon Musk’s Twitter deal, Shiba Inu also saw some positive price action. As of now, the weekly gains for the coin have reached over 19%. It is a breakout point as the [coin’s value](/coins/doge) has declined for the past couple of months. 

After this bullish rally, many investors are curious whether it is a good investment. So, here you can find the Shiba Inu price in GBP and learn when will this bull run last.  

## Shiba Inu price GBP

As of 24th November, 2022, the token's current value is $0.00008985, according to [CoinMarketCap](https://coinmarketcap.com/currencies/shiba-inu/). In comparison, in GBP, the coin auctions are at £0.00001039. 

Its market cap is £5,601,109,823, with the past 24 hours trading volume of £780,399,552. Other than the last trading week of October, the coin was showing a bearish trend.

## Is it an actual bull run?

Shiba Inu is gaining much traction in the market as it has made significant gains for the first time since 25 August. Before the 19% rise, it was showing persistent bearish trends. 

The meme coins’ rise was predicted by many analysts. One of them was David Gokhshtein, the founder of [Gokhshtein Media](https://www.gokhshteinmedia.com/). He forecasted a ‘parabolic’ movement for both; SHIB and DOGE in the next [bull run](/news/article/will-crypto-recover). 

![shib inu.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/shib_inu_fcd46d45d9.png)
 
Both these coins are seeing positive price action and have beaten other top cryptocurrencies. But will this bullish rally continue?
 
According to some experts, if the trend consolidates, it may prompt SHIB to reach the £0.000012 range. This may result in a further 20% rally. However, this trend can also experience invalidation. If its value breaches the £0.000079 level, it may decline by around 11%. It may also continue with the [bearish trend](/news/article/crypto-market-crashing) after breaching the level.



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