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Crypto Whales Flock to New Meme Coin, Ditching Dogecoin – What’s Driving the Shift in Power?

Bitcoinist
by Bitcoinist
2 years ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Recently, the tussle for headlines in the meme coin sector has been fierce, as many projects aim to unseat Dogecoin as the king of meme coins. They are succeeding, to be honest, and it’s only a matter of time before the veteran meme coin loses its number-one spot.

Anarchy coin ($ANA) is fast becoming the favorite to take that position, as its massive following and powerful pull has rid the rest of the meme coins of their most prominent investors. In fact, the ongoing presale places the $ANA token at the center of crypto news, pushing every other meme coin to the background.

What’s happening to Dogecoin, and why is Anarchy the best meme coin choice presently? Stay tuned to find out more.

>>> BUY $ANA NOW <<<

Dogecoin Crisis: Investor Fallout?

The Dogecoin project peaked in 2021 following billionaire Elon Musk’s endorsement. However, the platform is currently a shadow of its glory days, and top investors are already seeking greener pastures elsewhere.

You might have heard of a lawsuit against Elon Musk and his legal counsel. Well, that’s causing the Dogecoin dip now, as the community aims to oust Elon Musk from the leadership over a leaked sanction letter. The result has been a 3.75% dip in the Dogecoin price–which wasn’t attractive to start with–as the coin now trades at $0.0645 on CoinMarketCap.

While the lawsuit doesn’t directly impact the token and its trade, it’s bad PR for Dogecoin, and the entire platform is feeling the ripple effect. Users are stuck in losses, and whales are jumping ship quickly; it’s a terrible state in the Doge camp.

Some say it’s a lull, but popular opinion is that Dogecoin is nearing the end of its glory days. In that case, Anarchy and its community will have a field day, as the token presents every crypto user with unbeatable fun. It’s time to see what this newbie token is all about.

Say hello to Anarchy!

 

Something huge is coming.

If you see this 👀

Then your early! pic.twitter.com/HssZ4ywwrJ

— ANARCHY (@anarchycoineth) June 10, 2023

Enter Anarchy, the Hope of Crypto Memes

With Dogecoin slipping out of the picture, Anarchy is set to take over as the pride of meme coins, and guess what? It’s not just hype. The token will bring you the best entertainment in the crypto-verse by producing memes and jokes directed at criticizing the government.

Yes, you heard that right. Mocking the corruption and misplaced priorities in modern-day government is at the heart of the Anarchy ($ANA) project, as it aims to promote change through its criticism.

The creative team and developers will have their hands full, making memes from cartoon characters and trending them on social media platforms to generate even more traffic. And that’s not all Anarchy’s got to offer. There’s a lot more:

Anarchy’s novel approach to meme usage attracts large investors from all over the cryptocurrency market. Other top projects like Dogecoin are losing their whales to Anarchy, and why not? The platform provides a community structure where every user is a valued stakeholder.

Each $ANA holder will have their say on how the platform should run and what investment the Anarchy DAO treasury should be used for. Ultimately, the profits from these investments are shared between every member.

Another exciting feature of Anarchy is that it’s built on the layer-2 Ethereum blockchain, where it will benefit from first-class speed and scalability. No network glitches, faster transaction processing–does Anarchy get any better?

Yes, it does! The Anarchy project uses Gnosis Safe protocol to protect the AnarchyDAO treasury without fear of intrusion. The Gnosis Safe is added security, as the Ethereum blockchain already provides one of the most secure servers in the crypto-verse.

Anarchy doesn’t plan to go out after a few years. In fact, it doesn’t plan on going out at all. The developers have implemented auto-burn measures to reduce the token supply with time. This increases the $ANA coin’s value and will make Anarchy an essential player in the crypto-verse for a long time.

Now, the million-dollar question. How do you access Anarchy from here?

>>> BUY $ANA NOW <<<

Next Up: Anarchy Presale

For most crypto projects, the best time to get in is at the start of the journey. This holds for Anarchy and other meme coins, so now’s the best time to hop on the project.

What’s in it for you? 100x your deposit! As we said, the token intends to take over the meme coin spotlight, and it’s already doing it in the grandest way possible.

Anarchy currently sells at $0.00021 per token, and you should grab it now that it’s still in its first stage of the presale.

Anarchy Website        Anarchy Twitter          Anarchy Telegram

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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