Mika
VIP Contributor
At the beginning of this year, Dogecoin was less than a cent. Currently, it is 31 cents. Doge coin was started as a joke. However, currently, Doge Coin enjoys backing up by influential figures like Elon Musk and the whole community of Reddit.
Of late, people are talking about Shib, which is a spinoff of DogeCoin. Just like Doge was started as a joke, Shib was also started as a “joke of the joke.” Even the price is still a fraction of a cent, shib ranks #29 on the cryptocurrency market rank.
Then there are other tokens that do not have a real value yet (because they are not listed on crypto exchange platforms), for example, Pi Network, Bee Coin. Etc. There are some coins that are exclusive to the exchange only, for instance, BNB coin which is available only on the Binance platform (also trust wallet, which is owned by Binance). There are also coins like Safemoon, Mooncoin, PancakeSwap, etc. Some coins use a silly name like Polkadot.
What surprises me is why are people so much interested in these new coins that do not have real market value. Why are people interested in these coins when one decision from the government can make them illegal, just like the Chinese government did recently?
Of late, people are talking about Shib, which is a spinoff of DogeCoin. Just like Doge was started as a joke, Shib was also started as a “joke of the joke.” Even the price is still a fraction of a cent, shib ranks #29 on the cryptocurrency market rank.
Then there are other tokens that do not have a real value yet (because they are not listed on crypto exchange platforms), for example, Pi Network, Bee Coin. Etc. There are some coins that are exclusive to the exchange only, for instance, BNB coin which is available only on the Binance platform (also trust wallet, which is owned by Binance). There are also coins like Safemoon, Mooncoin, PancakeSwap, etc. Some coins use a silly name like Polkadot.
What surprises me is why are people so much interested in these new coins that do not have real market value. Why are people interested in these coins when one decision from the government can make them illegal, just like the Chinese government did recently?
