Should You Invest In Meme Coins? | HackerNoon

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Should You Invest In Meme Coins? | HackerNoon
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'Should You Invest In Meme Coins?' memecoins crypto

Doge, a Shiba Inu dog, is paired with bright typefaces and infantile words like "such awe" and "extremely concerned" in the bitcoin community's favorite meme.

It's now possible to categorize dog-themed coins inside the meme coin subcategory. Dogecoin and its variants,and Dogelon Mars are well-known to most retail investors, who observed a substantial amount of speculation on this new joke coin subcategory in 2021. Elon Musks's tweets regarding his interest in and support of Dogecoin last year were a major factor in the rise of these coins.

It should also be mentioned that those investors who want to get even more meme coins and invest their money in the mentioned digital assets are usually playing in online crypto casinos. The main reason behind this is that with the use of crypto casino gambling investors can earn even more meme coins. As a result the demand for these types of casinos increases.

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