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Are Dogecoin and Shiba Inucoin, the high-cap meme coins, saturated? Investors are turning to Oracle Meme

Oracle Meme ($OMEME) It is a new meme coin with AI super powers.

Oracle Meme is not limited to the speculative charm of meme coins, but also comes with a Meme AI Generator, Meme Coin Generator, Meme Layer 2 Network, Meme Wallet, and Meme Launchpad. Since the token is being launched in presale now, the FOMO around it is high, suggesting a run once it is listed on exchanges. The community interest is similar to that of Shiba Inu and Pepe in the early days.

Are Dogecoin and Shiba Inu already saturated?

Dogecoin and Shibacoin top the list of meme coins. Their market caps are as high as $20 billion and $13 billion, respectively.

To the outside world, their numbers may seem shocking. But in the cryptocurrency market, memecoins are one of the most popular niches. For those who know how to handle them, they can bring incredible returns. And for those who don’t, they can cause trouble.

Investors who were slow to join the Dogecoin and Shiba Inu party are now in a similar predicament. While both DOGE and SHIB saw impressive growth at the start of the year, they have been sliding down the rankings over the past few weeks.

Shiba Inu 1 year price listShiba Inu 1 year price list

Shiba Inu price trend, source: CoinMarketCap

The overall picture is even more disappointing.

The price of Shiba Inucoin has fallen 73.51% from its all-time high since October 28, 2021. The price of Dogecoin is even worse, falling 80.51%.

In the long run, these meme coins have become saturated. Their large initial market caps have hampered their growth. New investors expecting similar explosive growth are doomed to be disappointed.

While it’s unrealistic to expect Dogecoin and Shibacoin to deliver six-figure ROIs again, they will continue to offer attractive returns for strategic traders. After all, there’s a reason they’re ranked #1 and #2 on the memecoin leaderboard.

But they are highly volatile, making it easy for those who don’t clearly delineate entry and exit points to suffer significant losses.

Why Investors Are Flocking to the Oracle Meme

Investors are increasingly joining low-market-cap meme coins, such as Oracle Meme This month, these meme coins were added to their portfolio. With interesting new themes and narratives, these meme coins show great potential for growth.

For example, Oracle Meme ($OMEME) combines elements of AI and meme coins.

While traditional meme coins such as Dogecoin and Shiba Inucoin rely primarily on speculative trading, Oracle Meme is based on market-related utility, laying a solid foundation for its long-term demand and price behavior.

Here is an overview of the Oracle Meme ecosystem:

  • Meme AI Generator: Simplify meme creation with AI-generated suggestions, customizable options, and easy sharing.
  • Meme Coin Generator: It is easy to create personalized meme coins without any technical expertise.
  • Meme Layer 2 Network: A scalable, efficient network that facilitates fast, cost-effective transactions between Oracle Meme and its partner platforms.
  • Meme Wallet: A fun, secure wallet dedicated to meme coins.
  • Meme Launchpad: Frictionless issuance of new meme coins. $OMEME token holders will have the opportunity to get early investment opportunities in the pre-sale issuance.

More products that are in line with evolving market trends will be launched in the future. Popularize Meme Coin for creators, investors and users

$OMEME tokenomics are carefully designed for long-term price action and growth.

During the pre-sale phase, investors can stake their tokens and earn generous returns, laying the foundation for community participation from the outset.

10 billion tokens (20% of total supply) will be used for staking rewards. This should reduce the risk of pump and dump behavior common in the meme coin market.

Oracle Meme Token EconomicsOracle Meme Token Economics

40% of the 50 billion tokens capped at $50 billion will be earmarked for the pre-sale phase. Funds raised from the pre-sale will be used for project development, marketing activities, and liquidity.

After the TGE and exchange launch, $OMEME tokens will be used for a wide range of utility areas, from staking to microtransactions, governance, and tipping.

Through external integrations, it can also be used for gaming and decentralized finance (DeFi). The vision is to diversify the utility of the token in different areas, thereby enhancing its price behavior.

To learn more about the utilities and integrations, check out the Oracle Meme white paper.

$OMEME presale will start on May 27, 2024

The presale provides an early investment gateway for $OMEME.

The token has begun selling at a discounted price in a presale, providing investors with an attractive entry point into the project.

Since the launch of the token, the $OMEME community is experiencing steady growth, similar to the trajectory of successful meme coins such as Shiba Inu and Pepe.

How to buy OMEMEHow to buy OMEME

This trend highlights the speculative potential of the project. The residual FOMO from the pre-sale phase may drive the price of $OMEME up on CEX and DEX.

The project’s AI integration is a great catalyst to drive price increases, but due to its utility fundamentals, $OMEME is expected to deliver exponential returns to long-term investors.

Visit the Oracle Meme website

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