Despite the bear market, there are always new tokens launching in the crypto space and today is no different.
Dozens of projects have entered the space, with most looking to capitalise on new types of meme tokens with quirky tokenomics.
Muu Inu (MUU)
The first of the new tokens that has launched recently is known as Muu Inu and hopes the change the landscape of memes to favour cows rather than dogs.
Most meme tokens are focused on dogs, or of some unusual breed of dog. For example, SHIB is a community that is predicated on the shiba inu.
Muu Inu is a project that adopts the Inu suffix, as so many meme projects do (everything from Elon Inu to Saylor Inu), except with more of a focus on cows.
Deploying More Capital (DMC)
“Deploying more capital” has become an infamous phrase this year after Do Kwon Tweeted it to try and reassure the markets that Terra was solvent and wouldn’t collapse.
Deploying More Capital is a meme project focused around Do Kwon’s famous tweet, with the alleged goal of somewhat compensating retail traders who lost in Terra.
Unlike LUNA, whose extremely inflationary nature ultimately led to the demise of the project, DMC is a highly deflationary token, with a 1% tax on buys and a 1% tax on sells.
The taxes on transactions will go to a treasury that is owned and controlled by the stakers of the community.
One of the most interesting projects to have launched recently is Moonions, which is a meme token focused on Minions (from Despicable Me) going to the moon.
There are a series of interesting quirks in the tokenomics that make MOONION an interesting proposition.
Firstly, the liquidity has been locked forever, meaning that people trading MOONION can be sure that they will always be able to buy and sell the token without any issues.
Other quirks include there being a 7% tax on buys and an 8% tax on sells, with automated liquidity provision for each transaction and a percentage of tokens redistributed to those who hold the token for the longer term.
Tamadoge is not only a meme token, but also a play to earn gaming ecosystem.
The Tamadoge presale raised $19m and the community is currently thriving, with the fully diluted market cap trading at just $46m.
Shortly after the presale concluded, TAMA listed on OKX, OKX Dex, and Uniswap, and has processed tens of millions of dollars in volume already.
The Tamadoge community is now waiting in anticipation for the first of their product launches, most notably the Tamadoge pet store, which allows people to trade and upgrade NFTs that can be used in the Tamaverse, the custom-designed metaverse built specifically for the community to interact and game with one another.
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Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption