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OKX is letting customers choose which meme cash get listed on the alternate. 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 well-liked 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 likely 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 value beneath a greenback, in accordance to CoinMarketCap. However, OPTI is value probably 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 big following.
One cause for his or her reputation is their low value, not to point out comparatively little threat, making them accessible to anybody. Additionally, they usually appeal to a neighborhood 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 at all times the case. Meme cash are sometimes extra risky than different digital property. To critics, they usually symbolize the worst elements of the crypto market.
Dogecoin (DOGE), based in 2013, is by far the most well-liked of its variety. 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 throughout the crypto neighborhood. Its value has been extremely risky, however it received renewed consideration in 2021 after Elon Musk tweeted about it. The eccentric billionaire has given the coin significant support for over a 12 months.
Disclaimer
In adherence to the Trust Project pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to present correct, well timed info. However, readers are suggested to confirm details independently and seek the advice of with an expert earlier than making any choices primarily based on this content material.
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