#SHIB
Exploring Meme Coins: Shiba Inu $ETH, Baby $ETH, and Bonk $SOL
In the world of cryptocurrencies, meme coins have carved out a unique niche. While they often start as internet jokes, many have evolved to form strong communities and gained serious momentum in the market. Let's take a quick look at three popular meme tokens: Shiba Inu (SHIB), Baby (PEPE), and Bonk (BONK).
Shiba Inu (SHIB)
Launched in 2020, Shiba Inu was created as a "Dogecoin killer." It quickly became popular due to its vibrant community and strong presence on social media. SHIB operates on the Ethereum blockchain and has since expanded its ecosystem with features like Shiba Swap and plans for a layer two solution called Shibarium.
Baby (PEPE)
Inspired by the viral internet meme "Pepe the Frog," PEPE was launched in 2023 and became an instant hit in the meme coin space. With no intrinsic utility at launch, its rise was largely driven by online hype and FOMO (fear of missing out). Despite its status as a meme, PEPE has garnered significant attention in the market.