Meme coins are tokens derived from viral images or online memes. These tokens are majorly driven by community support. However, they are generally regarded as Shitcoins. Why? Shitcoins have no perceived value or purpose. Of course, many meme coins are shitcoins. They are listed with incredibly low prices and no real utility.
Despite the generality of meme coins having no purpose, some meme coins are changing this narrative. While a few meme coins will luckily explode based on sentiments, others have real use cases that will foster growth. In this article, we’ll look at three meme coins, their roadmap and their real-world applications.
Akita Inu (AKITA)
Akita Inu (AKITA) was initially launched as a meme token. AKITA INU is a token that represents the Japanese dog breed, AKITA. The token was created to mimic DOGE and Shiba Inu. It was originally built without a team or project. However, the token has shifted from being just a meme coin to a token with utility.
The community behind Akita Inu is known as Polarfox. Polarfox are pushing for a decentralised social network and also for blockchain bridging. Akita was created on the Ethereum blockchain. Transactions on Ethereum attract high gas fees. Hence, the clamour for a shift. Akita is bridging the token to the Avalanche network. Hodlers of ERC-20 AKITA tokens can now bridge their tokens to Avalanche on Anyswap.
Akita network works with two native tokens, AKITA and gAKITA. The tokens will be used for governance and interactions. gAKITA will be issued to users who receive positive interactions on the decentralised and anonymous social network. When a user’s post is upvoted, they receive gAKITA tokens. The more upvotes, the more the tokens to be received. gAKITA received can be used to vote on the AKITA DAO. The team also plans to allow participants access to vendors and organisations.
The tokens can also be traded on major platforms. It has been listed on various crypto exchanges in the world. Hence, you can buy AKITA easily.
Safemoon (SFM) was amongst the popular meme coins in early 2022. Like other meme coins, there was no solid project or use case. Unfortunately, the bear run came, and Safemoon was severely affected. However, it didn’t end there for Safemoon.
On December 12 2021, the team announced the launch of Safemoon V2 (Version 2). Safemoon V2 came with a lot of changes and new features. With the catchphrase, “Innovation for Good”, Safemoon is coming in with many new products in its protocol. The protocol will enable NFTs, blockchain, and metaverse innovation.
They are also introducing different products. SAFEMOON has launched a crypto wallet available on the Play Store and App Store. With the wallet, users can utilize multi-change storage, watch their token’s reflections, integrate Fiat on-ramp, check their contact list and much more. There is also a pre-launch list for people who want the SFM card. Safemoon is also launching an exchange and a hard wallet.
Mehracki (MKI) is a meme coin developed on Solana. It can also be known as a feel-good token. The project was created to make investors feel delighted. Mehracki originates from the word Meraki, which implies putting creativity, love, and soul into one’s activity.
The Mehracki token is set to create swift, cheap, and safe transactions in the tourism and hospitality industry. Why tourism? Tourism and hospitality are feel-good industries striving to make people happier.
The Mehracki Ecosystem will feature a marketplace where consumers can access tourism and hospitality businesses. They can also get feel-good NFTs, and hodlers can stake their tokens and participate in the DAO.
With MKI tokens, business owners can give loyalty rewards to consumers. Participants can engage in referral and feedback systems, bypass mediators and enjoy seamless transactions.
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