Meme Coins In Cryptocurrency Training Ppt
These slides provide information about meme coins, a type of altcoin in cryptocurrency. It also includes details of popular meme coins such as Dogecoin DOGE, Shiba Inu SHIB, Dogelon Mars ELON, and Samoyedcoin SAMO.
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Content of this Powerpoint Presentation
Slide 1
This slide talks about meme coins as a type of altcoin. Meme coins are cryptocurrencies inspired by the Internet and social media memes or jokes. They are highly volatile and are primarily community-driven.
Slide 2
This slide discusses the reason behind meme coins’ popularity. It is difficult to identify particular reasons, some claim that the crypto market grew during the COVID-19 pandemic as retail investors sought to hedge against inflation. Meme coins grew in market valuation due to the hype.
Slide 3
This slide lists popular meme coins. These are: Dogecoin (DOGE), Shiba Inu (SHIB), Dogelon Mars (ELON), and Samoyedcoin (SAMO).
Instructor’s Notes:
- Dogecoin (DOGE): Software programmers Billy Markus and Jackson Palmer founded Dogecoin (DOGE) in 2013. It was designed as a joke cryptocurrency to grab mainstream attention and was inspired by a Shiba Inu dog meme. DOGE uses the same Proof of Work (PoW) process as Litecoin (LTC) and has no limit on supply
- Shiba Inu (SHIB): Shiba Inu (SHIB) is DOGE's main competitor, known as the "Dogecoin killer." A Japanese dog breed inspired SHIB, and in August 2020, an anonymous developer named Ryoshi produced it. The primary distinction between DOGE and SHIB is that the latter has a finite quantity of 1 quadrillion tokens, of which 50% were burned and donated to charity
- Dogelon Mars (ELON): ELON is named after the CEO of Tesla, Elon Musk. It is a fork of Dogecoin with a 557 trillion token circulating supplyLaunched in April 2021, ELON had risen 3780% in value by November 2021, ELON has increased by nearly 3,780% as of November 2021
- Samoyedcoin (SAMO): Samoyedcoin is a Solana blockchain-based dog meme coin project. Over 13% of SAMO supply was airdropped to community members upon launch. SAMO's roadmap includes burning events (sending cryptocurrency to an unusable wallet to remove that amount of it from circulation), airdrop tools, a decentralized exchange, and the construction of NFTs. Within a month, SAMO had grown by nearly 4,300%. In 30 days in October 2021, the price skyrocketed from $0.005 to almost $0.22
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