Mika
VIP Contributor
The success of dogecoin led to evolution and popularity of a lot of meme coin. When they introduced the meme coin Shib Inu, just like with dogecoin, there wasn't a clear plan in place. Things started picking up when Vitalik Buterin got 50 percent of the total supply and burned 90 percent of what he got. The developer then began working on the project and shared lots of plans, which made the coin stand out. In the recent Bull Run, a lot of meme coins grew rapidly, thus giving a lot of profits to early adopters. For example, Floki and Pepe went too high.
