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• adam jose

  • 8 posts
  Posted in the topic Meme Coin Development Company in the forum Technology

  May 23, 2023 6:52 AM EDT

  A COMPLETE GUIDE TO MEME COIN DEVELOPMENT – MEME COINS ARE $33 BILLION WORTH

   

  Meme coin development: Cryptocurrency is becoming more prevalent globally as they are the future of money in the digital era. They provide efficient means of money transfer over the internet which is controlled by a decentralized network. Cryptocurrency is an alternative to fiat currencies which are controlled by the regulatory body.

  Read More : https://shamlatech.com/meme-coin-development/

  Bitcoin (BTC) and Ethereum (ETH) are the most posts popular and widely used cryptocurrencies. New coins entered the crypto space to try their luck. One such cryptocurrency is MEME Coin.

  MEME COINS – PRECISELY

  MEME coins are cryptocurrencies, they initially started as a joke, but due to the interest of investors and market raise, the crypto coin meme gained popularity. They are hyped by the retail investors and influencers. At present, the total worth of the MEME coin is $33 billion.

  The value of cryptocurrencies has raised ever since Elon Musk started tweeting about them. So, one of his tweets went viral by driving a craze about meme coins crypto that lead investors to start buying MEME coins.

  Usually, MEMEs are created as a part of the entertainment on social media and jokes, they don’t hold any value and they are not often used. MEME coin was created as a part of entertainment and joke in 2013. Billy Markus and Jackson created the original MEME coin which is a Dogecoin. To defeat the bitcoin, they created the new cryptocurrency which hit over a million visitors to the dogecoin website within the launch of its first month.

  TOP MEME COINS

  DOGECOIN (DOGE)

  Software developers Jackson Plamer and Billy Markus have invented Dogecoin as a part of a joke. Since, Elon Musk tweet, the meme coins have become a serious proposition from 2019.

  In the past few months, the value of the dog-themed cryptocurrency has continued to rise, reaching a market value of 9 billion U.S. dollars in January 2021. At present, Musk is working with the Doge developers to expand the platform. He is trying to optimize Dogecoin for payment for goods and services and reduce carbon footprint.

  SHIBA INU (SHIB)

  Shibu Inu was launched as experimentation in the decentralized and spontaneous community; in April 2021, and its value was quickly esteemed by more than 2,000,000%, reaching a record high in early May.

  The token advanced from the attention given by Dogecoin, especially when last month when Elon Musk appeared on SNL, triggered the liquidation of DOGE because it referred to the coin as hustle. The total supply of SHIB is one quadrillion, it aims to allow users to own billions or even trillions of tokens. However, analysts warned that it must grow by about 12 million% to reach its magical dollar goal.

  SAFEMOON

  Dogecoin is known as an inflationary token model with an unlimited supply. SafeMoon aims to improve on the Dogecoin token model. Bitcoins are limited with a supply of 21 million coins. To solve this problem, SafeMoon uses a deflationary token model. This means that every time a Safemoon transaction happens, 5% will be burned, and the other 5% will be reallocated among the other token holders. Hence, the total supply of tokens should steadily decline, providing safe profits and the predictability of bubbles.

  In June 2021 the market value was $2 billion, the token rose by more than 1500% and fell by 73%.

  OTHER POPULAR MEME COINS

  • MonaCoin (MONA)
  • Hoge Finance (HOGE)
  • CUMROCKET (CUMMIES)
  • Dogelon Mars (ELON)

   

  Other than Bitcoin, Meme coins are a type of digital asset with specific characteristics of Bitcoin. They can use smart contracts or other consensus mechanisms.

  CRYPTOCURRENCY VS MEME COINS

  MEME coins are also a form of cryptocurrencies but they do not solve real-world problems. To earn instant profits meme coins are created.

  Mainstream cryptocurrencies like Bitcoin and Ethereum are widely used and accepted by traders. They are specially used to solve real-world problems with digital currency in a decentralized way.

  When it comes to utility, Bitcoin and Ethereum are far better and useful than the MEME coins.

  MEME coins are purposely hyped by celebrities and businessmen by promoting them online. The prices were fueled instantly due to huge promotions. The coins have much scope to grow in the future but the instability of the coins may drag them down.

  As MEME coins have no real-time utility, traders buy and sell the coins for a very short time to make instant profits. They don’t hold them for a long time due to the instability but for some more years MEME coins can have rapid growth holding a good market value.

  HISTORY OF MEME COINS

   

  Meme crypto coins development is divided into three phases as follows:

  • Meme coins were launched in the year 2013
  • The ICO (initial coin offering) trend in the years 2017 and 2018
  • The latest meme coin released in 2021 is mania.

  HOW MEME COIN GOES TO MAINSTREAM

  In the first half of 2021, the digital world has witnessed a regeneration of meme coins. The rise began when Melvin Capital grabbed short-selling positions on the stock GameStop Inc to reflect their pessimistic view of the company. Under the leadership of retailers, members of the subreddit r/WallStreetBets are investing in GME to bet on Wall Street giants.

  This led to the explosive growth of stocks and caused huge losses to short sellers. After that, subreddit r/SatoshiStreetBets decided to draw DOGE to replicate the surge in GME stock price.

  Elon Musk’s repetitive tweets about DOGE also benefitted Dogecoin to enter into the mainstream of cryptocurrency. He made his first tweet on Dogecoin in 2019 after he was elected as a CEO by the Dogecoin community through a Twitter poll. Now, he is the former CRO of Dogecoin but still, he supported DOGE in Feb 2021. In May 2021, the SpaceX Founder restated his consideration of accepting DOGE for the Tesla electric vehicle sales.

   

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  Elon Musk’s endorsements of Dogecoin have created a wave. Dallas Mavericks, the owner of Mark Cuban also started accepting DOGE for ticket sales. The upsurge of Dogecoin led to the rise of several dog-themed meme coins like AKITA and SHIB. These cryptocurrencies became popular among the Chinese community where they were listed on the major crypto exchanges like OKEx, etc. Elon Musk  tweeted out an image that seemed to demonstrate Tesla will clutch its bitcoin in the midst of a significant crypto crash.

  Despite the hype in the market, DOGE meme coins are still volatile because market activities have severely affected their prices.

  MEME COIN DEVELOPMENT

  There are two most popular and best meme crypto coins in the market. One is Doge imitator Shibu Inu (SHIB). It is an ERC-20 token built upon Ethereum, and the other is SaleMoon (SAFEMOON), it is a meme coin operated by Binance Smart Chain. Meme coin binance allows users to create meme coins and tokens on Binance smart chain. The meme coins are hyped by the crypto enthusiasts globally by making the 10th world’s largest cryptocurrency with a 1600 % rapid increase in price. Meme crypto coin development will surely hit the market very high.

  It is time to create a meme coin platform to attract meme creators and crypto investors with a trending meme coin script in the crypto world.

   

  POTENTIAL DOWNFALL OF MEME COINS

  Although meme coins are almost inevitable in discussions about cryptography, many people attribute them to their low price barriers and the hype that brings new users into space, but they have not become mainstream.

  The Securities and Exchange Commission of Thailand has banned the trading of meme token cryptos and other digital assets based on memes or fans. In the United States, the Director of the Securities and Exchange Commission Gary Gensler (Gary Gensler) has set stricter regulations for cryptocurrencies. Gensler spoke of highly volatile and speculative asset classes and emphasized that the value of such investments has increased significantly over the past five years.

  FUTURE OF MEME COINS

  Regulators and governments may be reluctant to accept digital assets, but this has not stopped the crypto community from breaking confidence in its potential. Though crypto coin meme was created as a part of jokes, later, it attracted the attention of mainstream media. Financial experts are paying close attention to the development of these tokens. Elon Musk is also promoting Dogecoin memes across social media platforms. Dogecoin has achieved many achievements, including fundraising for charity and other important purposes.

  The Dogecoin community raised more than $36,000 for the Jamaican team by donating meme coins to participate in the 2014 Winter Olympics. As a result of the transaction, within 12 hours, the Dogecoin Bitcoin exchange rate rose by 50%.

   

  MEME COIN PLATFORM

  Meme Coin Platform Development helps to pair memes with tokens. Most of the platforms are created using the customized meme coin script. We recommend to create meme coin platform to welcome meme creators to create NFTs. Some NFT platforms are allowing meme creators to create the best meme coins crypto in the marketplace.

  CHOOSE SHAMLATECH FOR MEME COIN DEVELOPMENT

  We are a top-notch meme crypto coins development company who guide you to create the best meme crypto coins and create meme coin platform on the leading blockchains like Binance Smart Chain, Ethereum, and Polygon to launch on the robust decentralized exchange platforms. We have an expert meme coin development team to create meme coin software. Our comprehensive services help you to create your customized meme coins.

   

  OUR EMINENT MEME COIN SERVICES

  • White Paper Drafting
  • Customized Tokenomics
  • Smart Website Development
  • Rug Proof Implementation
  • Unique meme logo designs
  • Liquidity lock mechanism with AMM

   

• adam jose

  • 8 posts
  Posted in the topic Cryptocurrency Coin Development Company in the forum Technology

  May 23, 2023 6:48 AM EDT

  A Comprehensive Guide on How to Start Your Own Cryptocurrency Coin

  Cryptocurrencies have transformed the financial landscape, providing decentralized and secure digital transactions. With the growing popularity and potential profitability of cryptocurrencies, many individuals and businesses are eager to explore the possibility of creating their own cryptocurrency coin.

  Read More : https://shamlatech.com/cryptocurrency-coin-development/

  When exploring the realm of blockchain technology, you may wonder how to start your own cryptocurrency coin and join the decentralized revolution. In this article, we will provide you with a step-by-step guide on how to start your own cryptocurrency coin.

  What is Cryptocurrency Coin Development?

  Cryptocurrency coin development refers to the process of creating a new digital currency that operates on a blockchain or distributed ledger technology. It involves designing and implementing the necessary software components, including the underlying blockchain infrastructure, smart contracts, and associated functionalities.

  Read More : https://shamlatech.com/cryptocurrency-coin-development/

  Cryptocurrency coin development encompasses various aspects such as defining the coin's purpose, specifications, and features, selecting the appropriate blockchain platform, creating a secure wallet, tokenizing the coin, conducting a token sale or distribution, and establishing an ecosystem around the coin.

  The development process requires technical expertise in blockchain technology, programming languages, cryptography, and an understanding of the principles that govern decentralized digital currencies. Successful cryptocurrency coin development requires careful planning, adherence to security best practices, and compliance with relevant legal and regulatory requirements. If you are looking for how to start your own cryptocurrency coin, it is highly recommended to engage the services of a trustworthy and dependable Cryptocurrency Coin Development Company like Shamla Tech.

  How to create your own Cryptocurrency?

  Understanding the technical intricacies and legal considerations of how to start your own cryptocurrency coin is crucial for aspiring entrepreneurs in the digital currency space. With the right knowledge, tools, and a clear vision, you can learn how to start your own cryptocurrency coin and contribute to the ever-growing ecosystem of digital currencies.

  Read More : https://shamlatech.com/cryptocurrency-coin-development/

  Collaborating with a reputable cryptocurrency coin development company can provide you with the necessary expertise and support throughout the entire process. Here are the steps that help you to understand how to start your own cryptocurrency coin.

  Step 1: Define the Purpose and Objectives

  Before diving into the technical aspects, it's crucial to define the purpose and objectives of your cryptocurrency coin. Consider what problem your coin aims to solve or what unique features it offers to the market. This will help you make your own cryptocurrency with a compelling value proposition and target audience for your coin.

  Step 2: Choose a Blockchain Platform

  Researching the best blockchain platform is the key initial step in the journey of how to start your own cryptocurrency coin. Selecting the right blockchain platform is a critical decision as it determines the functionalities and capabilities of your cryptocurrency coin. The most popular choices are Ethereum, Binance Smart Chain, and TRON. Each platform has its own advantages and considerations, such as transaction fees, scalability, and development tools. Research and compare these platforms to make an informed choice.

  Step 3: Design the Coin Specifications

  Next, you need to define the technical specifications of your coin. This includes determining the total coin supply, the coin's symbol and name, the algorithm or consensus mechanism it will use, and the block time. It's essential to strike a balance between scarcity, utility, and practicality when designing these specifications.

  Step 4: Create the Blockchain and Wallet

  Once you have chosen a blockchain platform, you can proceed to create your own blockchain. This involves coding the necessary smart contracts, configuring consensus rules, and establishing network parameters. Alternatively, you can also fork an existing blockchain, which is a more straightforward process but may limit your customization options. Additionally, you need to develop a secure wallet to store and transact your cryptocurrency.

  Step 5: Tokenize Your Coin

  Tokens represent digital assets on a blockchain. To tokenize your coin, you will need to create a smart contract that complies with the chosen blockchain platform's standards, such as ERC-20 for Ethereum or BEP-20 for Binance Smart Chain. The smart contract defines the rules and functionalities of your coin, including token transfers, distribution mechanisms, and any additional features you want to incorporate.

  Step 6: Conduct a Token Sale or Distribution

  To raise funds or distribute your cryptocurrency, you can opt for a token sale or an airdrop. In a token sale, you offer a portion of your coins to investors in exchange for another cryptocurrency, typically Ethereum or Bitcoin. Alternatively, an airdrop involves distributing a certain number of coins to holders of a particular cryptocurrency or to the wider community for promotional purposes.

  Step 7: Develop an Ecosystem

  Building a vibrant ecosystem around your cryptocurrency is vital for its success. This includes creating partnerships, listing your coin on exchanges, and fostering a community of supporters and developers. Regularly engage with your community through social media, forums, and events to keep them informed and involved.

  Step 8: Comply with Regulations

  Ensure that your cryptocurrency coin complies with the relevant legal and regulatory frameworks in your jurisdiction. Cryptocurrency regulations vary across countries, so consult legal professionals who specialize in the field to avoid any compliance issues.

  It requires careful planning, technical expertise, and an understanding of the underlying blockchain technology to learn how to start your own cryptocurrency coin. By following the steps outlined in this guide, you can embark on your journey to learn how to make your own cryptocurrency coin. With dedication and perseverance, your cryptocurrency coin could make a significant impact in the evolving world of digital finance. By entrusting your project to a professional cryptocurrency coin development company like Shamla Tech, you can ensure that you receive the necessary guidance, technical proficiency, and industry knowledge to successfully create your own cryptocurrency coin.

  Why Shamlatech is the Right Choice for your Cryptocurrency Coin Development?

  Shamla Tech is the ideal choice for cryptocurrency coin development due to our extensive experience, technical expertise, and commitment to delivering top-notch solutions. With a proven track record in the industry, we have successfully assisted numerous clients in launching their own cryptocurrencies.

  Read More : https://shamlatech.com/cryptocurrency-coin-development/

  Our team of skilled professionals possesses in-depth knowledge of blockchain technology, smart contract development, and security protocols. We provide end-to-end services, including blockchain platform selection, coin design, wallet development, tokenization, and ecosystem creation. Additionally, we prioritize client satisfaction, ensuring effective communication, timely delivery, and ongoing support. By choosing Shamla Tech, you can rely on our expertise to bring your cryptocurrency coin vision to life.

• adam jose

  • 8 posts
  Posted in the topic Cryptocurrency Exchange Development : A Step-by-Step Guide in the forum Technology

  May 23, 2023 6:46 AM EDT

  Cryptocurrencies have taken the world by storm, with more people investing in digital currencies every day. As the demand for cryptocurrencies increases, so does the need for exchanges that allow users to buy, sell and trade these assets. Create a cryptocurrency exchange that can be a lucrative business, but it requires careful planning and execution.

  Read More : https://shamlatech.com/cryptocurrency-exchange-development/

  In this article, we'll guide you through the steps to create a cryptocurrency exchange. If you want to create a cryptocurrency exchange, the key step is to find a reliable Cryptocurrency exchange development company.

  How to Build Cryptocurrency Exchange

  To create a cryptocurrency exchange, you'll need to have a clear understanding of blockchain technology and how it works. One of the most important aspects to create a cryptocurrency exchange is by ensuring the liquidity of the platform, which involves attracting and retaining traders and investors. Here are the various steps involved to create a cryptocurrency exchange.

  Read More : https://shamlatech.com/cryptocurrency-exchange-development/

  Step 1: Define your Business Model

  Before you can start building your exchange, you need to decide on your business model. There are different types of exchanges, each with their own advantages and disadvantages. Some of the most common types of exchanges include centralized, decentralized, peer-to-peer, and hybrid exchanges. Centralized exchanges are the most popular and easiest to set up, but they come with higher security risks. Decentralized exchanges, on the other hand, are more secure but require more technical expertise to set up.

  Step 2: Obtain Licenses and Registrations

  Cryptocurrency exchanges are subject to regulations and laws, depending on the country in which they operate. Before launching your exchange, you need to obtain the necessary licenses and registrations to operate legally. This may include registering as a money services business, obtaining a money transmitter license, or complying with anti-money laundering (AML) and know-your-customer (KYC) regulations.

  Step 3: Partner with Payment Processors

  Your exchange needs to be able to accept payments from users, so you need to partner with payment processors that support cryptocurrency payments. Some popular payment processors for cryptocurrency exchanges include Coinbase Commerce, BitPay, and CoinPayments.

  Step 4: Develop Cryptocurrency Exchange Platform

  The next step is to build your exchange platform. If you don't have technical expertise, you can use white-label software that allows you to create an exchange using pre-built modules. Alternatively, you can hire a cryptocurrency exchange development company to build your exchange from scratch.

  Step 5: Secure your Exchange

  Security is paramount in the cryptocurrency industry, and exchanges are often targeted by hackers. To ensure the safety of your users' funds, you need to implement robust security measures such as two-factor authentication (2FA), encryption, and regular security audits. You should also store the majority of your users' funds in cold storage, which is offline and less susceptible to hacking attempts.

  Step 6: Launch your Exchange

  Once your platform is built and fully tested, you can launch your exchange. Make sure to announce your launch on social media and other relevant channels to attract users. You should also consider offering incentives such as trading fee discounts to early adopters.

  Step 7: Market your Exchange

  Marketing is crucial to the success of your exchange. You need to create a brand identity, develop a marketing strategy, and advertise your exchange to attract users. You can use paid advertising channels such as Google Ads and Facebook Ads, as well as organic channels such as social media, content marketing, and influencer marketing.

  Conclusion

  To create a cryptocurrency exchange, you'll need to choose the right technology stack and Cryptocurrency Exchange Development Company to bring your vision to life. By following the steps outlined in this article, you can create a cryptocurrency exchange that attracts a large user base. Remember to prioritize security, obtain the necessary licenses, and develop a robust marketing strategy to ensure the success of your exchange.

   

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• adam jose

  • 8 posts
  Posted in the topic A COMPLETE GUIDE TO MEME COIN DEVELOPMENT in the forum Technology

  May 19, 2023 7:58 AM EDT

  Meme coin development: Cryptocurrency is becoming more prevalent globally as they are the future of money in the digital era. They provide efficient means of money transfer over the internet which is controlled by a decentralized network. Cryptocurrency is an alternative to fiat currencies which are controlled by the regulatory body.

  Read More : https://shamlatech.com/meme-coin-development/

  Bitcoin (BTC) and Ethereum (ETH) are the most posts popular and widely used cryptocurrencies. New coins entered the crypto space to try their luck. One such cryptocurrency is MEME Coin.

• adam jose

  • 8 posts
  Posted in the topic How to Start Your Own Cryptocurrency Coin in the forum Technology

  May 19, 2023 7:55 AM EDT

  A Comprehensive Guide on How to Start Your Own Cryptocurrency Coin

  Cryptocurrencies have transformed the financial landscape, providing decentralized and secure digital transactions. With the growing popularity and potential profitability of cryptocurrencies, many individuals and businesses are eager to explore the possibility of creating their own cryptocurrency coin.

  Read More : https://shamlatech.com/cryptocurrency-coin-development/

  When exploring the realm of blockchain technology, you may wonder how to start your own cryptocurrency coin and join the decentralized revolution. In this article, we will provide you with a step-by-step guide on how to start your own cryptocurrency coin.