OKX is letting customers choose which meme cash get listed on the trade. Users have 5 cash to choose from.
On Friday, OKX introduced the launch of a meme token voting occasion. Users have till April 24 at 6:00 a.m. UTC to deposit their most popular meme cash to OKX to vote for his or her favourite tokens to be listed. The meme tokens included within the vote are ArbDoge AI (AIDOGE), BONE ShibaSwap (BONE), Bonk (BONK), Optimus AI (OPTI), and Pepe (PEPE). The vote outcomes will probably be introduced on April 24 at 10:00 a.m. UTC.
According to CoinGecko, Pepe, a brand new Ethereum-based token named after the memetic icon Pepe the Frog, has gained a market cap of $86 million in lower than 5 days, making it the sixth-most useful meme coin.
Currently, all of the cash are price underneath a greenback, in accordance to CoinMarketCap. However, OPTI is price essentially the most by a mile, presently sitting at $0.39.
Meme Coins on the Rise
Meme cash are sometimes created as a joke or a parody. However, some have gained reputation and a major following.
One cause for his or her reputation is their low worth, not to point out comparatively little threat, making them accessible to anybody. Additionally, they usually appeal to a group of like-minded people who share a standard curiosity within the meme.
Meme cash usually have little to no utility and performance purely as speculative property. However, this isn’t all the time the case. Meme cash are sometimes extra unstable than different digital property. To critics, they usually symbolize the worst facets of the crypto market.
Dogecoin (DOGE), based in 2013, is by far the most well-liked of its form. It launched in 2013 as a parody of Bitcoin impressed by the “Doge” meme.
Despite originating as a joke, DOGE gained a following and garnered a form of cult standing inside the crypto group. Its worth has been extremely unstable, but it surely gained renewed consideration in 2021 after Elon Musk tweeted about it. The eccentric billionaire has given the coin significant support for over a yr.
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