There are many distinct kinds of cryptocurrencies, and their universe is immense. This is the situation with meme coins, which are cryptocurrency creations that were inspired by memes. It should go without saying that the popularity of the memes they are linked to has a significant influence on their worth.
Since last year, a number of memes, including Dogecoin and Shiba Inu, have captured the attention of participants in the cryptocurrency community. Elon Musk, CEO of SpaceX, who actively supports Dogecoin, was not unmoved by this. Will the prices of these meme coins set new records in the upcoming months? Will Dogecoin ever hit $1?
Dogecoin
Dogecoin continues to be a popular coin meme with a market valuation of over billions of dollars. Its maximum value during the previous year was 0.2894 euros. Dogecoin has been losing money ever since December 1st, 2021. Since then, its value hasn’t gone over 0.17 euros, and the recent cryptocurrency crisis didn’t help.
As of the time this item was written, one dogecoin is worth 0.0690 euros. Analysts do not place a lot of skin in the game for Dogecoin, despite optimism being in order given Elon Musk’s support. At the end of 2022, the majority of projections indicate that Dogecoin will trade below $1.
A comparison of the various Dogecoin price forecasts reveals that the period between the end of 2023 and the start of 2024 will see Dogecoin see its most spectacular increase.
It should be emphasized, nevertheless, that according to the same forecasts, Dogecoin will be worth between 0.08 and 0.09 euros.
Tamadoge
Tamadoge is still in the presale stage and is based on a play to earn basis. It can be acquired for one more month, after which time its value will rise by 25%. The TAMA coin from Tamadoge has so far raised more than 50,000 euros.
During the pre-sale stage, the TAMA is worth $0.01. Predictions suggest that it might take off and surpass the most popular memes currently available.
There is no estimate either, but the community can find some comfort in the features Tamadoge has offered. Therefore, some dare to give Tamadoge an x1000 increase.
Shiba Inu
It is among the top ten most well-liked meme corners. Shiba Inu has a valuation of almost $6 billion, making it one of the best-performing coin memes. Even if it hasn’t yet surpassed its record value once more, the SHIB has continued to increase during the past 12 months. The SHIB saw a sharp increase in value growth to reach 0.00006899 at the end of October 2021. Right now, it is worth 0.00001178 euros.
Despite these challenges, the Shiba Inu token continues to enjoy widespread acceptance. 1 SHIB is predicted to have an average value of 0.000014 at the end of 2022. The SHIB is not even close to hitting the €1 threshold, according to the different estimates made by professionals in the cryptocurrency industry.
MonaCoin
One of the earliest currency memes is MonaCoin (MONA), which was introduced in 2014. Its market value is greater than 35 million euros. This coin meme has always been over the cutoff value of 0.07 euros when it was first created. It reached its pinnacle in 2017, when it was worth more over €12 in December.
Despite this, over the past 12 months, the MONA’s value has decreased and it is now only worth 0.05479 euros.
The predictions for MONA’s future are surprisingly upbeat. According to the calculations, the average value will be 0.77 euros by the end of 2022. The MONA might cross the symbolic bar of 1 MONA for 1 euro starting in 2023.
Akita Inu
Akita Inu, which debuted in 2021, is a coin meme similar to Shiba Inu. It has gone through multiple growth spurts since then. Since its establishment, it has reached a high value of 0.00001319 euros. Since the end of 2021, the price of the AKITA token has decreased during the past 12 months.
Its current worth of 0.0000002083 euros is a far cry from the record value it reached in May 2021.
Akita Inu is expected to cost an average of 0.00000037 Euro by the end of 2022, according to price projections.
Other coin memes exist in addition to these, such as SafeMoon Inu, Samoyed Coin, and even Dogedash. The price forecasts for meme currencies are just that, forecasts. They may be validated or refuted. It’s important to keep in mind how volatile meme coins are. They can therefore quickly shift up or down.
