SPONSORED POST*
Meme tokens dominate most part of the cryptocurrency market. Albeit, only a few of them have the potential of gaining prominence. Most of the projects are imitations of top meme tokens like Doge, Shiba Inu, and Safemoon coin. With Shiba Inu (SHIB) having about 100 imitations. However, meme tokens have been known for their successful bull market runs.
It’s almost a guarantee that any meme token that’d do well in the market usually has a high profit margin return. Albeit, identifying the meme token with the potential of a profitable return is where the problem lies. With more than thousands of them, the probability of ending up with another dead project is higher than actually hitting a jackpot from any of them.
However, this shouldn’t stop you from adding meme tokens to your portfolio in anticipation of a favorable post crypto winter run. This article reviews two meme tokens — Dogelon Mars (Elon) and Rocketize (JATO) we think may have the potential for a profitable run in the coin market when the bearish market run finally subdues.
Dogelon Mars (Elon)
Dogelon Mars (Elon) is one of those digital assets you purchase with what you can afford to low and hope for a profit return in the long run. It is another dog-themed meme token function on Ethereum and Polygon blockchains. The project combines popular themes in the meme space to form a name. Doge — The successful Dogecoin, Elon — Elon Musk, billionaire entrepreneur with much influence in the meme space (a factor that contributes to Dogecoin’s success), and Mars — an indication of potential for great upward movement.
While the coin does not boast much utility, beyond buying and HODLing until it appreciates in price, this token could leverage the combination of the various meme space themes to have a good run when the coin market generally appreciates. Increase in the number of investors looking to risk on meme tokens can also contribute to its upward movement beyond the crypto winter.
The project has been building a community, and engaging them with short comics on the website which depicts Dogelon adventures to mars, possible challenges it can face, and how friends (community members) can continue to support it. Although Dogelon Mars (ELON) ranks outside #100 top cryptocurrencies in terms of market valuation on Coinmarketcap, it still boasts over $180 million.
Dogelon Mars (Elon) reached its all-time high around this time in the previous year, and it may be on course to that point or beyond, if the market condition normalizes.
Rocketize (JATO)
Rocketize (JATO) is set to become one of the few meme tokens that aren’t dog-themed. Rather the project chose a galactic theme — a reassurance of upward potential for its adopters. It is a community-project that will leverage the DAO system to run a democratized community where every member has a say and stake in the development of the ecosystem.
The project won’t be an ordinary meme project. It also boasts utility in decentralized finance, NFTs miniting, charity endeavours in science and exploration, and most importantly incentive mechanisms for community members. A Defi (decentralized finance) meme token isn’t a popular innovation, and this will increase Rocketize (JATO) adoption potential.
Rocketize token (JATO) has a cap on total supply. The developers have indicated that there won’t be a greater amount of JATO tokens than the one in circulation. This controls volatility and ensures the token price remains fairly stable. JATO is an acronym of Jet-Assisted Take-off, another indicator that developers mean to take the coin to the moon.
JATO will function on the Binance Smart Chain as a BEP-20 token. It will facilitate transactions on the Rocketize platform which may include NFTs miniting, building of dApps, etc. It aims to inculcate crown funding features, charity donation, cross-chain swap, liquidity locking, etc.
These utilities could make Rocketize popular in the coin market upon launch, attracting many buyers. Purchasing the token at presale is one foolproof strategy to reduce your risk, while expecting a positive market run in the long run.
Join JATO:
Presale: http://rocket.rocketize.io/
Website: http://rocketize.io/
Telegram: https://t.me/RocketizeTokenOfficial
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post Rocketize and Dogelon Mars: Two Meme Token That Can Help Your Portfolio Take Shape After the Crypto Winter appeared first on The Cryptonomist.
