Meme currencies, which first appeared with the launch of Dogecoin in 2013, have since established themselves as a vital component of the cryptocurrency ecosystem. Meme coins function similarly to other cryptocurrencies, making use of blockchain and related technology in the same ways.
Certain blockchains that make use of smart contracts, like Ethereum and Solana, have had their debut and become significant parts of the crypto landscape. Memecoins’ success may be attributed in part to the fact that they are driven by the community.
Meme currencies (particularly Dogecoin and Shiba Inu) had a huge increase in value and market worth in 2021. Since then, they have not been surpassed in the meme coin industry. In this post, we’ll take a look at Rocketize (JATO), a promising new meme currency, and evaluate whether or not it has what it takes to become the next Dogecoin or Shiba Inu.
What Are the Most Crucial Facts About the Rocketize Platform?
To Rocketize, the most important and fruitful contributor to the ecosystem is the community, which is also the project’s symbol. The project’s ultimate goal is to make the Rocketize token a household name so that everyone may reap the benefits of Binance Smart Chain (BSC) and decentralized finance (DeFi). The Jet Assisted Take Off token (JATO) is the name used for the Rocketize platform.
Rather than relying on a small group of experts, Rocketize Token harnesses the entire potential of its community as a rich resource for innovation. Decentralized technology and administration provide participants in the ecosystem greater control over their money and their lives.
Memes, graphics, animation, videos, podcasts, and any other kind of creative and instructive content, as well as special events, raids, and open forums like voice chats, Ask Me Anything (AMA), Twitter Spaces, and several others, will all make use of the Rocketize Token. In addition, it will have Web3 enabling the creation and promotion of games and dApps for mobile devices.
These updates put Rocketize on the cusp of becoming the “SPACE” of the meme currency crypto market. It’s getting ready to take on the top currencies in this market, and it seems to have some potential.
A Few Dogecoin Facts
Dogecoin is often cited as the first cryptocurrency to be inspired by internet memes. In 2013, a Shiba Inu photograph was used to create a meme that was inspired by the popular “Doge” meme. It was created as a lighthearted substitute for serious digital currencies like Bitcoin. Although it took some time for Dogecoin to gain popularity, the cryptocurrency eventually did. Investors in digital currencies now place a high value on them.
Similarly to other cryptocurrencies, it is powered by blockchain. Its peer-to-peer, open-source cryptocurrency is provided to consumers. A completely novel, decentralized, and secure ecosystem where no intermediaries may affect financial dealings.
A Giant of a Meme Coin: Shiba Inu
In August 2020, Shiba Inu was released with a total supply of one quadrillion tokens. The popular internet image of a Shiba Inu dog, known as the Doge meme, served as inspiration. Decentralized Shiba Inu community ShibArmy manages the currency and its growth. Unlike Dogecoin, Shiba Inu was developed on the Ethereum network and supports smart contracts.
Using smart contracts, Shiba Inus may communicate with decentralized applications. It may be used to make purchases from merchants that accept the currency, or for P2P transactions between individuals. To facilitate transactions, users may “stake” (deposit) their bitcoin in the exchange’s liquidity pools. In exchange for “staking” their tokens, users get cryptocurrency payouts.
Check out the links if you’re interested in learning more about Rocketize:
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
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