A COMPLETE GUIDE TO MEME COIN DEVELOPMENT – MEME COINS ARE $33 BILLION WORTH Meme coin development: Cryptocurrency is becoming more prevalent globally as they are the future of money in the digital era. They provide efficient means of money transfer over the internet which is controlled by a decentralized network. Cryptocurrency is an alternative to fiat currencies which are controlled by the regulatory body. Read More : https://shamlatech.com/meme-coin-development/ Bitcoin (BTC) and Ethereum (ETH) are the most posts popular and widely used cryptocurrencies. New coins entered the crypto space to try their luck. One such cryptocurrency is MEME Coin.

1. A COMPLETE GUIDE TO MEME COIN DEVELOPMENT – MEME
COINS ARE $33 BILLION WORTH
Meme coin development: Cryptocurrency is becoming more prevalent globally as they are
the future of money in the digital era. They provide efficient means of money transfer over
the internet which is controlled by a decentralized network. Cryptocurrency is an alternative
to fiat currencies which are controlled by the regulatory body.
Read More : https://shamlatech.com/meme-coin-development/
Bitcoin (BTC) and Ethereum (ETH) are the most posts popular and widely used
cryptocurrencies. New coins entered the crypto space to try their luck. One such
cryptocurrency is MEME Coin.
MEME COINS – PRECISELY
MEME coins are cryptocurrencies, they initially started as a joke, but due to the interest of
investors and market raise, the crypto coin meme gained popularity. They are hyped by the
retail investors and influencers. At present, the total worth of the MEME coin is $33 billion.
The value of cryptocurrencies has raised ever since Elon Musk started tweeting about them.
So, one of his tweets went viral by driving a craze about meme coins crypto that lead
investors to start buying MEME coins.
Usually, MEMEs are created as a part of the entertainment on social media and jokes, they
don’t hold any value and they are not often used. MEME coin was created as a part of
entertainment and joke in 2013. Billy Markus and Jackson created the original MEME coin
which is a Dogecoin. To defeat the bitcoin, they created the new cryptocurrency which hit
over a million visitors to the dogecoin website within the launch of its first month.
TOP MEME COINS
DOGECOIN (DOGE)
Software developers Jackson Plamer and Billy Markus have invented Dogecoin as a part of a
joke. Since, Elon Musk tweet, the meme coins have become a serious proposition from 2019.
In the past few months, the value of the dog-themed cryptocurrency has continued to rise,
reaching a market value of 9 billion U.S. dollars in January 2021. At present, Musk is
working with the Doge developers to expand the platform. He is trying to optimize Dogecoin
for payment for goods and services and reduce carbon footprint.

2. SHIBA INU (SHIB)
Shibu Inu was launched as experimentation in the decentralized and spontaneous community;
in April 2021, and its value was quickly esteemed by more than 2,000,000%, reaching a
record high in early May.
The token advanced from the attention given by Dogecoin, especially when last month when
Elon Musk appeared on SNL, triggered the liquidation of DOGE because it referred to the
coin as hustle. The total supply of SHIB is one quadrillion, it aims to allow users to own
billions or even trillions of tokens. However, analysts warned that it must grow by about 12
million% to reach its magical dollar goal.
SAFEMOON
Dogecoin is known as an inflationary token model with an unlimited supply. SafeMoon aims
to improve on the Dogecoin token model. Bitcoins are limited with a supply of 21 million
coins. To solve this problem, SafeMoon uses a deflationary token model. This means that
every time a Safemoon transaction happens, 5% will be burned, and the other 5% will be
reallocated among the other token holders. Hence, the total supply of tokens should steadily
decline, providing safe profits and the predictability of bubbles.
In June 2021 the market value was $2 billion, the token rose by more than 1500% and fell by
73%.
OTHER POPULAR MEME COINS
 MonaCoin (MONA)
 Hoge Finance (HOGE)
 CUMROCKET (CUMMIES)
 Dogelon Mars (ELON)
Other than Bitcoin, Meme coins are a type of digital asset with specific characteristics of
Bitcoin. They can use smart contracts or other consensus mechanisms.
CRYPTOCURRENCY VS MEME
COINS
MEME coins are also a form of cryptocurrencies but they do not solve real-world problems.
To earn instant profits meme coins are created.
Mainstream cryptocurrencies like Bitcoin and Ethereum are widely used and accepted by
traders. They are specially used to solve real-world problems with digital currency in a
decentralized way.
When it comes to utility, Bitcoin and Ethereum are far better and useful than the MEME
coins.
MEME coins are purposely hyped by celebrities and businessmen by promoting them online.
The prices were fueled instantly due to huge promotions. The coins have much scope to grow
in the future but the instability of the coins may drag them down.

3. As MEME coins have no real-time utility, traders buy and sell the coins for a very short time
to make instant profits. They don’t hold them for a long time due to the instability but for
some more years MEME coins can have rapid growth holding a good market value.
HISTORY OF MEME COINS
Meme crypto coins development is divided into three phases as follows:
 Meme coins were launched in the year 2013
 The ICO (initial coin offering) trend in the years 2017 and 2018
 The latest meme coin released in 2021 is mania.
HOW MEME COIN GOES TO MAINSTREAM
In the first half of 2021, the digital world has witnessed a regeneration of meme coins. The
rise began when Melvin Capital grabbed short-selling positions on the stock GameStop Inc to
reflect their pessimistic view of the company. Under the leadership of retailers, members of
the subreddit r/WallStreetBets are investing in GME to bet on Wall Street giants.
This led to the explosive growth of stocks and caused huge losses to short sellers. After that,
subreddit r/SatoshiStreetBets decided to draw DOGE to replicate the surge in GME stock
price.
Elon Musk’s repetitive tweets about DOGE also benefitted Dogecoin to enter into the
mainstream of cryptocurrency. He made his first tweet on Dogecoin in 2019 after he was
elected as a CEO by the Dogecoin community through a Twitter poll. Now, he is the former
CRO of Dogecoin but still, he supported DOGE in Feb 2021. In May 2021, the SpaceX
Founder restated his consideration of accepting DOGE for the Tesla electric vehicle sales.
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4. Elon Musk’s endorsements of Dogecoin have created a wave. Dallas Mavericks, the owner of
Mark Cuban also started accepting DOGE for ticket sales. The upsurge of Dogecoin led to
the rise of several dog-themed meme coins like AKITA and SHIB. These cryptocurrencies
became popular among the Chinese community where they were listed on the major crypto
exchanges like OKEx, etc. Elon Musk tweeted out an image that seemed to demonstrate
Tesla will clutch its bitcoin in the midst of a significant crypto crash.
Despite the hype in the market, DOGE meme coins are still volatile because market activities
have severely affected their prices.

5. MEME COIN DEVELOPMENT
There are two most popular and best meme crypto coins in the market. One is Doge imitator
Shibu Inu (SHIB). It is an ERC-20 token built upon Ethereum, and the other is SaleMoon
(SAFEMOON), it is a meme coin operated by Binance Smart Chain. Meme coin binance
allows users to create meme coins and tokens on Binance smart chain. The meme coins are
hyped by the crypto enthusiasts globally by making the 10th world’s largest cryptocurrency
with a 1600 % rapid increase in price. Meme crypto coin development will surely hit the
market very high.
It is time to create a meme coin platform to attract meme creators and crypto investors with a
trending meme coin script in the crypto world.
POTENTIAL DOWNFALL OF MEME COINS
Although meme coins are almost inevitable in discussions about cryptography, many people
attribute them to their low price barriers and the hype that brings new users into space, but
they have not become mainstream.
The Securities and Exchange Commission of Thailand has banned the trading of meme token
cryptos and other digital assets based on memes or fans. In the United States, the Director of
the Securities and Exchange Commission Gary Gensler (Gary Gensler) has set stricter
regulations for cryptocurrencies. Gensler spoke of highly volatile and speculative asset
classes and emphasized that the value of such investments has increased significantly over
the past five years.
FUTURE OF MEME COINS
Regulators and governments may be reluctant to accept digital assets, but this has not stopped
the crypto community from breaking confidence in its potential. Though crypto coin meme
was created as a part of jokes, later, it attracted the attention of mainstream media. Financial
experts are paying close attention to the development of these tokens. Elon Musk is also
promoting Dogecoin memes across social media platforms. Dogecoin has achieved many
achievements, including fundraising for charity and other important purposes.
The Dogecoin community raised more than $36,000 for the Jamaican team by donating
meme coins to participate in the 2014 Winter Olympics. As a result of the transaction, within
12 hours, the Dogecoin Bitcoin exchange rate rose by 50%.
MEME COIN PLATFORM
Meme Coin Platform Development helps to pair memes with tokens. Most of the platforms
are created using the customized meme coin script. We recommend to create meme coin
platform to welcome meme creators to create NFTs. Some NFT platforms are allowing meme
creators to create the best meme coins crypto in the marketplace.

6. CHOOSE SHAMLATECH FOR MEME COIN DEVELOPMENT
We are a top-notch meme crypto coins development company who guide you to create the
best meme crypto coins and create meme coin platform on the leading blockchains like
Binance Smart Chain, Ethereum, and Polygon to launch on the robust decentralized exchange
platforms. We have an expert meme coin development team to create meme coin software.
Our comprehensive services help you to create your customized meme coins.
OUR EMINENT MEME COIN SERVICES
 White Paper Drafting
 Customized Tokenomics
 Smart Website Development
 Rug Proof Implementation
 Unique meme logo designs
 Liquidity lock mechanism with AMM