Can LYNQYO Out Profit Shiba Inu and Dogecoin?
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Opinions on what cryptocurrencies were supposed to represent experienced a paradigm shift at the introduction of meme coins. Dogecoin (DOGE) brought an informal approach, and Shiba Inu (SHIB) emphasized the need for community tokens.
It began the meme trend, causing meme currencies to spike in price barely months after they launched.
Nevertheless, the shift is beginning again with LYNQYO (LNQ) as creator tokens rapidly occupy the top spots in the cryptosphere. Bringing revolution to an ecosystem riddled with holes, creator tokens give users complete control over what they contribute.
LYNQYO (LNQ) Might Become The Next “People Currency”
LYNQYO (LNQ) presents a discernable value proposition for users- giving users control over their content and showing them to create revenue streams.
LYNQYO (LNQ) believes in the power of creators to change the status quo of things. To this end, they have provided means for creators to monetize their hobby and do it without the grabbing hands of centralized infrastructures and exploitive algorithms. With decentralized ownership, content is solely in the power of creators.
As the audience is needed to boost the creator community, they also get rewarded. All of this is possible with the LNQ token, used to engage in transactions for subscription fees and fan gifting. LNQ is also used to pay royalties and reward fans for sharing and commenting on creators’ posts.
Users enjoy low fees, fast transactions, security, and premium content delivery while using the platform.
LYNQYO (LNQ) Early Benefits For Users
For a project that is all about rewarding users, LYNQYO (LNQ) has impressive benefits for presale. The network offers a mouth-watering 7% on every purchase made via the presale section on the website.
There are also bonus options attached to the purchase-compatible cryptocurrencies listed and more for buyers who get LNQ tokens immediately after they sign up.
The Community of Meme-Crypto Users- Shiba Inu (SHIB)
According to the Shiba Inu (SHIB) website, there are over 585,000 community members and more than a million holders. This is not a surprise, as Shiba Inu (SHIB) has remained one of the top-community tokens over the two years.
Using one of the most effective means of boosting price- hype, SHIB has outprofitted many cryptocurrencies in the market. Conversations centered around the token-dominated social media platforms and outpaced the buzz on Dogecoin (DOGE).
But, Shiba Inu (SHIB) has been on a downtrend of late, and many long-term investors are seeking less volatile options for higher profit.
Dogecoin (DOGE) Drops Despite Backing From Elon Musk
Dogecoin (DOGE) has been associated with the founder of Tesla, Elon Musk, despite having a loyal community of followers. This came after the billionaire endorsed the crypto coin and shared his plans for the project.
While this caused the price of DOGE to regain momentum, it hasn’t fared well in the past couple weeks as the coin’s price dropped over 10% of its penny value.
LYNQYO (LNQ) strives for blockchain interoperability to bring its advantages to users on their chains. As a project with a unique approach, it has immense potential to outpace popular meme cryptocurrencies.
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