The decentralized nature of the crypto sector gives room for several cryptocurrencies to thrive amongst their communities. The industry currently has thousands of cryptocurrencies in active trading, some of which are tributes or representations of ideas or events. While many are much older and considerably more serious, several others are meme coins. A meme coin is a cryptocurrency that gained popularity relatively quickly (with some much quicker than others), especially when it is based on an online event, phenomenon, or promotional effort. The definition also covers coins originating from jokes or other whimsical events or ideas. Generally, most people credit Dogecoin as the first meme coin, as it started as a joke back in 2013. Apart from paving the way for future meme coins, Dogecoin is also the first “dog coin,” featuring the face of the notorious Shiba Inu dog as its logo. Since it became popular, many other dog tokens have launched, and are now pulling in massive trading numbers. Following Dogecoin’s success, several dog coins – such as Shiba Inu – began to establish themselves. However, of all the dog coins available on the market, is there a clear leader yet? Mononoke Inu Mononoke Inu sets itself apart as a token focused on the community. Inspired by the popular childhood adventure picture, Mononoke Inu’s primary goal is to restore unity to the DeFi sector. The platform wants to repair trust between DeFi c...
