The Next Big Narrative in Crypto Is…

TL;DR

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Meme cash – they’re all the trend this cycle.

However this time it’s a bit totally different.

This time, as an alternative of meme coin initiatives creating ‘unbelievably thrilling’ roadmaps (that haven’t any probability of ever being fulfilled), they appear to be extra within the camp of ‘telling it how it’s.’

(E.g. Dogwifhat explains that their coin is “Actually a canine wif a hat” — that’s it).

Many meme cash from final cycle, which touted a roadmap that they may by no means ship, went to zero.

There’s one notable exception although: Shiba Inu.

SHIB could have began as a meme coin, however since then they’ve launched BONE (a governance token), LEASH (a fixed-supply ‘loyalty program’ token), and simply as we speak it was introduced that that they had raised $12M with plans to launch TREAT (a brand new privacy-focused token).

Why does this all matter?

First off, Shiba Inu is the proper instance of how vital a group is for any crypto mission.

With out group help, the mission by no means will get off the bottom – with group help, the mission prospers into what it’s as we speak.

Second, there’s rumors that Shiba Inu’s $12M elevate is definitely a part of a a lot bigger elevate which might be coming in not less than three extra tranches over the subsequent few months/years. Extra money flowing into the area is at all times excellent news.

Lastly, meme cash are cool and all, however is that actually what we would like the top product of web3 to be? Shiba Inu is paving the best way for a unique end result for meme cash – one the place they get to work on cool issues…like privateness cash.

Level is — all of this helps to create a brand new blueprint the place memes act as an preliminary funding mechanism:

Seize worth & consideration as a meme coin → if profitable in doing so, begin constructing actual merchandise.

Fairly neat!