The Rise of Meme Coins & Can They Survive The Bear Market?

As extreme volatility rocks major “blue chip” cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), many have wondered if Meme Coins such as Dogecoin (DOGE) and Shiba Inu are prepared to survive the Bear Market.

  • Investors wonder whether Meme Coins like SHIB and DOGE can survive a Bear Market
  • A lack of utility and inflationary tokenomics transition Meme Coins to speculative assets
  • Meme Coins attempt to increase their utility to provide additional perks than communities

The Global Economy has been experiencing extreme volatility as economists fear a looming recession and a bear market. This bear market outlook has made its way to the crypto world with major “blue chip” cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) all feeling the heat and experiencing downturns in their price. With …

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