The competitive nature of the cryptocurrency industry is no news to anyone who has been around the space. It takes an extraordinary project or token to stand out in this space or dominate. It is for this reason that there exist countless tokens within the industry, most of which are long forgotten. These tokens simply failed to make a significant impression on the industry.
From all indications, the upcoming meme coin, FreeWoly (FWOLY), possesses all it takes to stand the test of time and could go on to dominate the market. Native to the FreeWoly gaming platform, FWOLY plays an integral part in all operations on the platform and its ecosystem. Additionally, FWOLY is able to communicate outside the platform, making it a valuable asset. It is only a matter of time before the FreeWoly (FWOLY) gains enormous relevance in the industry. For this reason, FWOLY is a viable long-term cryptocurrency investment to explore in the bear market.
This piece compares FreeWoly (FWOLY) to an industry-leading meme coin, Shiba Inu (SHIB). Here’s all you need to know about both altcoins.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a top 20 crypto by market cap and a leading pioneer of the meme coin movement. Meme coins, which are cryptos based on Internet memes or events, are gaining relevance in the cryptocurrency industry, although their lack of real-life applications and use cases have not helped. Meme coins are notable for their comedic and light-hearted approach, which is why they are able to attract a loyal and enthusiastic following.
All around the cryptocurrency industry, Shiba Inu (SHIB) is considered the main rival to Dogecoin (DOGE), the original meme coin. Shiba Inu (SHIB) achieved mainstream attention at the height of the meme coin frenzy. Since then, it has grown into a prominent member of the crypto industry and one of the largest cryptos worldwide, with a live market cap of $5,749,821,260. Its success has inspired a host of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22 and SpookyShiba.
As an industry-leading meme coin, Shiba Inu (SHIB) is available on a plethora of crypto platforms within the industry, including Binance, Huobi, Coinbase, Gate.io, Uniswap (V2) and OKEx.
FreeWoly (FWOLY) is native to the upcoming gaming platform, FreeWoly. FreeWoly (FWOLY) is a rare specimen, as it is a meme coin that backs operations on a crypto gaming platform. Its emergence could inspire cross-genre collaborations within the cryptocurrency industry in the future.
On the FreeWoly platform, FreeWoly (FWOLY) facilitates transactions and payments for in-game purchases on items such as farmland and animals. The token also grants holders membership into the FreeWoly DAO and voting rights in the affairs of the platform and its future. Its ability to interact outside the platform could make it a valuable asset that crypto players can adopt for day-to-day activities within the cryptocurrency industry, such as trading and the likes.
FreeWoly (FWOLY) goes on presale in the coming weeks and will reward early investors with handsome bonuses and incentives. An example is the 40% additional token bonus that investors stand to gain when they register and buy the token within 15 minutes.
Find out more details on FWOLY here.
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