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  • Meme Coins To Invest In Amid The Ongoing Bear Market – Dogecoin, FlokiInu and FreeWoly

    Published on August 26, 2022

    Of all the many crypto categories out there, meme coins are probably the most unique. Generally inspired by Internet memes and events, meme coins are peculiar for their comedic and light-hearted nature. This is why they typically attract a loyal and enthusiastic following.

    Meme coins, like other crypto categories, have been affected by the ongoing bear market, albeit not to the same degree. Since they are experiencing less volatility than other cryptos, this naturally makes them viable investment choices. Long-term cryptocurrency investments on a suitable meme coin could fetch up to a 100x profit in the ongoing bear market, according to crypto analysts.

    This piece focuses on three meme coins that would be fantastic investment choices in the ongoing bear market. Here’s all you need to know about Dogecoin (DOGE), FlokiInu (FLOKI) and FreeWoly (FWOLY).

    Dogecoin (DOGE)

    Dogecoin (DOGE) is a top 10 cryptocurrency by market cap and the leading pioneer of the meme coin movement. Initially meant as a joke to poke fun at the cryptocurrency industry, Dogecoin (DOGE) has since grown into an industry-leading token and inspired an entirely new genre of cryptocurrency, which is based on Internet memes and events. Some examples include Shiba Inu (SHIB), Akita Inu (AKITA) and Dogelon Mars (ELON).

    Dogecoin (DOGE) is notable for high transaction speeds and low transaction fees. Its speed and performance set it apart from competitors in the industry. Dogecoin (DOGE) possesses the potential to achieve mainstream adoption. It is already utilized as a tipping system on popular social media platforms such as Twitter and Reddit. With time, Dogecoin (DOGE) could become a preferred mode of payment around the globe.

    As an industry-leading crypto, Dogecoin (DOGE) is available on several crypto platforms such as Binance, Coinbase and FTX.

    FlokiInu (FLOKI)

    FlokiInu (FLOKI) is a dog-themed meme coin inspired by the fans and members of the Shiba Inu (SHIB) community. FlokiInu (FLOKI) takes its name from popular crypto influencer Elon Musk’s dog.

    FlokiInu (FLOKI) exists to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token itself and developing use cases for the FlokiInu brand through NFTs, games and decentralized finance features. Its ecosystem will feature three flagship products, such as an NFT gaming metaverse called Valhalla, an NFT and merchandise marketplace called FlokiPlaces, and a content and education platform called FlokiInuversity.

    Additionally, FlokiInu (FLOKI) is both an ERC-20 token on Ethereum (ETH) and a BEP-20 token on Binance Smart Chain (BSC). You can find FlokiInu (FLOKI) on several crypto platforms, such as ZT, Gate.io, Uniswap (V3), BKEX and PancakeSwap (V2).

    FreeWoly (FWOLY)

    FreeWoly (FWOLY) is the native cryptocurrency of FreeWoly. This upcoming crypto gaming platform combines Augmented Reality (AR) with the popular play-to-earn (P2E) model that has become synonymous with crypto gaming to provide a new and immersive experience. The FreeWoly Token (FWOLY) plays an integral role in the platform’s operations and facilitates in-game purchases of items such as farmlands and animals.

    With the bear market in full swing, the FreeWoly Token (FWOLY) is a viable long-term cryptocurrency investment choice that investors should consider. FWOLY goes on presale in the coming weeks and will reward early investors handsomely. An example is the 6% additional token bonus that comes with purchasing the token in the first stage of its presale. See more details on FreeWolyhere.

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