Because of the raging bear market, the meme domain of crypto has been dormant, waiting for the storm to pass. The past eight months exemplified that in the ruthless world of digital currencies, no one is secured, and at any moment, a project can go from hero to zero in a matter of days. The latest example of Terra is among many projects that not only lost most of their value but were reduced to atoms by the community around them.
This made many analysts ponder what constitutes the success behind crypto because, at this point, it is clear that solid value proposition, community and even market capitalization (Terra was the third crypto by market cap, skipping ahead only Ethereum and Bitcoin) would not be enough to keep the project afloat.
In light of these discussions, I would like to consider two of the most popular meme coins, DogeCoin and Shiba Inu, to see whether they have the potential to surpass the competition. And if meme coins can be the future of crypto, what about more fundamental projects like Younierze Finance? Let’s dive in.
DogeCoin Updates Will Change Everything
Lo and behold! The DogeCoin (DOGE) developers have released a new update, improving the core software’s security, efficiency and user interface. In the past, DogeCoin suffered from security breaches and malfunctions, but the new upgrade will fix security issues, modify the existing fee structures, and add new features.
After the announcement, the Doge Army went bananas, with “Doge Godfather” Elon Musk elating on Twitter: “Upgrades!” The upgrade comes at a recent spate of good sentiment in the Dogecoin community, which introduced memes to the Dogeverse, prompting a significant increase in network activity.
At this point, it is clear that the Doge community has eyes on metaverse development, where the project will finally find the utility it has been looking for pretty much since its inception in 2013.
Shiba Inu Ecosystem Grows
Source: Great Learning
Shiba Inu’s (SHIB) launch came with a promise that the project would become a better version of Dogecoin on every front. Fast-forward almost three years, and it looks like both coins are eyeing the metaverse as the ultimate goal. In the past months, Shiba Inu teased several significant additions to its growing ecosystem.
Namely, a collectible card game for its metaverse along with algorithmic stabelcoin called SHI and reward token TREAT. All things considered, every aforementioned addition has the potential not only to boost the token’s price significantly but also to elevate the Shibaverse to an entirely new level.
Youniverze Finance Promises Easy-to-Navigate DeFi
While in the domain of meme coins at this point, it is almost impossible to challenge the established status quo. However, with DeFi the situation is quite different. The industry is going through a rough patch, to say the least, and in desperate need of a project that could act as a bridge between newcomers and the crypto veterans.
Youniverze Finance (YUNI) could assume the role of the DeFi saviour if it indeed would leave up to the potential promised in the project’s White Paper. What makes its value proposition stand out is the promise to deliver a multichain ecosystem where numerous blockchains are linked together to enhance user experience, increase efficiency, and expand adoption.
On top of that, Youniverze Finance (YUNI) promises to provide its users with an easy-to-navigate experience, which most DeFi platforms lack. Everything will be available on the native’s platform, including keeping track of wrapped tokens, supplying fees for all blockchains and finding the cheapest swap rates.
The Bottom Line
The future of DogeCoin and Shiba Inu looks brighter than ever. And with both projects continuing to develop Metaverse accompanied by continuous release of new updates, it creates necessary ingredients for future success. In the meantime, check out Youniverze Finance (YUNI) while the project is still in the presale stage. However, always do your own research before you invest in anything. Happy trading!
If you want to learn more about Youniverze Finance, visit this website.
Youniverze (YUNI)
Source: Analytics Insight
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