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     Memecoins Cryptocurrencies known as meme coins are often inspired by jokes or memes seen on the internet and social media. The first such coin, Dogecoin (DOGE), was created in 2013 as a parody. It was inspired by the popular Doge meme featuring a Japanese Shiba Inu dog. These types of coins tend to be highly volatile. They are mostly used as speculative investments and are not meant to be used as actual currency. The meme economy is rapidly growing. The value of meme coins is up over 12% over last year, while Bitcoin and Ethereum are still down more than 80% over the same timeframe. Why meme coins are so popular? When COVID-19 hit, a lot of people were caught off-guard by the panic that ensued. This included the crypto community, with many altcoins getting severely short-changed in the process. There are a few reasons why meme coins have become so popular. First they’re often seen as a more fun and lighthearted alternative to other cryptocurrencies. Th...

  Cardano (ADA) Cardano is a digital currency which is designed to offer more scalability and better security than its predecessors. The project was first introduced in September 2017 by Input Output Hong Kong (IOHK), a leading blockchain development company that focuses on emerging applications such as ADA. Cardano runs on blockchain and is the first open-source cryptocurrency created from a scientific philosophy. Emphasis was given to interoperability between ledgers, delivering both security and scalability. This goal of Cardano is to be created as an environment for decentralized applications to run with smart contracts interfacing with one another via side chains. Uses of Cardano: Cardano is a decentralized computing platform that uses the blockchain to offer a range of capabilities in terms of security, scalability, and sustainability. The Cardano platform is home to many Dapps and smart contracts which provide various use cases for a broad spectrum of indi...

    Polkadot (DOT) Polkadot is an inter-chain protocol. It is a scalable, secure and decentralized solution for exchanging value between blockchains with heterogeneous data models. It does this by: 1) Allowing public and private blockchains to communicate with one another without requiring any trust or centralization 2) Enabling the creation of new public and private blockchains that can interoperate seamlessly 3) Connecting public and private chains to existing networks like Bitcoin and Ethereum 4) Supporting a rich set of functionalities including identity management, shared storage of data, decentralized messaging, and more Uses of Polkadot: Polkadot is a blockchain technology that provides interoperability between various blockchains. It also enables the creation of so-called parachains, which are parallel networks with their own consensus mechanism and data storage. 1) Creating an environment where all blockchains can communicate with each other and share data 2) ...

    Apecoin (APE) Apecoin was created by Yuga labs and APE is currently trading at $0.0034 per coin. It is mined by a set of algorithms that are different from Bitcoin and Litecoin, the most popular cryptocurrencies on the market today. Apecoins are mined with a technology called SHA-256, which relies on computing hardware and is unique to this type of cryptocurrency. Uses of Apecoin : Apecoin is a new cryptocurrency that is based on the mining of benji banana a popular video game. It is aimed at the unbanked and disenfranchised, providing a more stable currency to them. The idea behind apecoins was created in order to provide a more stable currency to people who do not have access to traditional banking services. Apecoins are mainly used as a form of payment for various services such as web hosting, domain names or irc services. They also have other uses in terms of mining for gold or for buying products and services in shops that accept apecoins as currency. Interesting fact...