Since its inception in 2013, Dogecoin has become the most well-known joke cryptocurrency. Recently, one of its successors has produced greater transaction volume than Dogecoin. Shiba Inu had a trading volume of around $10 billion, compared to $4.3 billion for Dogecoin.
Many meme coins on the market have been given hope as a consequence of this; Dogecoin has been the market leader for so long that the best outcome other meme cryptocurrencies could aspire for was second place.
This event will inspire new cryptocurrencies to strive to become the most widely traded coin on the market. HUH Token is one such currency. Currently, in pre-sale, its founders have stated their intention to become one of the top traded currencies by volume.
Will newbie cryptocurrencies embrace the latest news to bolster their ambitions to be the best?
Dogecoin was the first to introduce meme currencies, notably canine-themed coins, which are plentiful in the present market. Any cryptocurrency with a dog breed as its mascots, such as the Shiba Inu or Kishu Inu, is known as a canine coin or a meme coin. Dogecoin’s price has increased by over 150,000% since its introduction, and it now has a total worth of almost $35 billion.
Dogecoin is distinct among meme currencies in that it is based on its own blockchain. Unlike many other currencies that rely on well-established blockchains, Dogecoin confirms transactions using the well-established proof-of-work mechanism. Furthermore, the supply of Dogecoin has no limit; it may be mined endlessly and will continue to create Dogecoin.
Shiba Inu has just emerged as the next popular meme currency, outperforming Dogecoin in total trading volume in recent times, according to coinmarketcap.com. This may be seen as a warning to other currencies, both new and old, that the top status is not as secure as many had assumed.
Dogecoin has failed to reach the $1 level, which many cryptocurrencies strive for, and is currently worth less than half of its all-time top market price (at the time of writing, $0.2587).
On the 6th of December, HUH token will be released for purchase by the public, it is currently in presale. With a release date not that far away, they may be able to take advantage of the present state of uncertainty in the meme coin market. Given that Dogecoin has lost its top rank in terms of the trading volume.
HUH Token has declared an ambitious vision and a tagline on its website that encourages users to “hold until gold.” This shows that the Token is here to stay, and they’ve said that their objective is to quickly climb the meme currency hierarchy to a top 20 place. This shows that the Token is aiming for longevity, they’ve also proclaimed that their objective is to quickly climb the meme currency hierarchy to a top 20 place.
HUH Token is a community-based BEP–20 BSC Token that will be accessible globally once it is placed on the market. They have several interesting features on their website, such as a referral system that compensates you in BNB (Binance currency) when individuals you refer invest in HUH Token for the first time. They also have many rumored influencers who have pledged to promote their token once it is publicly accessible.
Newcomers like HUH Token will be ecstatic to learn that a chance to get to the top has arisen. Because the leader’s image has been tarnished, several other cryptocurrencies are seeking to prove their worth to communities in order to achieve the top spot.
Will HUH token be able to achieve its goal of a successful climb? Investors are attracted by the features HUH Token has presented, and they’re continuing to establish a strong community to assist them to reach their objectives.
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