The meme coin space is the place to be if you’re on the lookout for wild price climbs and massive gains. The earning potential of meme coins is best illustrated by the performance of Pepe coin (PEPE) and Shiba Inu (SHIB).
These projects are highly volatile yet capable of turning in impressive price gains and as a result, have established themselves as incredibly lucrative assets to hold. This article will explore the potential of these meme coins as well explore the Caged Beasts (BEASTS) project, which could shape up to be the next big thing in the meme coin space.
Pepe Coin: The Frog Token’s High Return Potential
Pepe Coin took the crypto world by surprise when it swiftly rose to become the third-largest meme coin and gained a market capitalisation of $1.6 billion within a month in April. The wild price climbs were in the region of 7000% in the midst of a downturn in the market. The project was able to perform the way it did with its unique attributes like a no-tax policy, a burn policy and a redistributive policy.
With the no-tax policy, trading in Pepe is more lucrative than its peers. Pepe Coin’s redistributive system rewards long-term stakers, creating an organic sense of community. The coin’s burn policy, gradually reducing its supply over time, is also a major draw for the project.
Shiba Inu: The Meme Coin Superstar
Shiba Inu, the second largest meme coin, is gearing up for a blockbuster 2023 with planned updates for its network. SHIB plans to roll out Shibarium, its layer-2 blockchain, in the second quarter of 2023. The transition will introduce a proof-of-stake (PoS) consensus mechanism in the network. The update enhances scalability and reduces gas fees in the network.
SHIB’s performance in times of extreme market volatility is also one of the reasons behind its appeal. The coin has performed well in market dips, and in the times when SHIB prices were on the up, the surge in returns was also huge. The token’s community-centred development makes it a coin that is dear to its holders and has spurred the development of other meme coins.
Caged Beasts: The Promise of the Meme Coin World
Caged Beasts, a meme coin in presale, caught the attention of the market with its emphasis on transparency and its unique referral programme. The project’s unique referral program lets holders invite friends and family to join the network with unique referral codes. When someone joins the network using the code, the owner of the code will earn 20% of the new investor’s deposit in ETH, BNB and USDT. The new investor also gets a 20% bonus in BEASTS.
The project’s emphasis on transparency is another factor that makes Caged Beasts an attractive proposition. With 75% of tokens reserved for the presale and the remaining tokens dedicated to marketing efforts, Caged Beasts displays a clear liquidity policy. This transparent approach does away with the fear of an owner-controlled network. The network’s transparent policies and unique referral programme make it a perfect candidate in the presale market.
The Final View
Meme coins have taken on utility to emerge as heavyweights in the market. The success stories of Pepe and Shiba Inu illustrate the promise of the high return potential that this niche holds. The Caged Beasts project’s unique referral policy and transparent policies give it an edge in the presale market to have a blockbuster presale as well as emerge as a meme coin of real heft.
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
