Recently, the competition for attention in the meme coin sector has been intense as many projects strive to replace Dogecoin as the meme coin of choice. It seems they are succeeding and it won’t be long before the veteran meme coin loses its title.
Anarchy coin ($ANA) is emerging as the favorite to take the crown. Its sizable following and strong influence has seen most prominent investors from other meme coins flock to it. This is largely due to its ongoing presale which has made it the center of attention in the crypto world, pushing the other meme coins to the background.
So what’s happening to Dogecoin, and why is Anarchy the best meme coin option currently? Read on to find out.
Dogecoin Crisis: Investor Exodus?
The Dogecoin project enjoyed a surge in 2021, following the endorsement by billionaire Elon Musk. However, the platform is now a shell of its former glory and top investors have now moved on.
You may have heard of the lawsuit against Elon Musk and his legal counsel. This is the cause of Dogecoin’s dip now, as the community is trying to remove Elon Musk from the leadership over a leaked sanction letter. As a result, the Dogecoin price has dropped by 3.75%, trading at $0.0645 on CoinMarketCap.
Although the lawsuit doesn’t directly impact the token and its trade, it’s still bad PR for Dogecoin. This has left users in losses and whale investors quickly exiting the platform. It’s a terrible state for Dogecoin and there are now speculations that the coin is nearing the end of its glory days.
If this is true, then Anarchy and its community will have a field day! The token promises to bring the best entertainment to the crypto-verse, with memes and jokes directed at criticizing the government.
Introducing Anarchy, the Hope of Crypto Memes
With Dogecoin slipping out of the picture, Anarchy is set to become the new face of meme coins. But there is more to the project than hype. The token is backed by a creative team and developers who will create memes from cartoon characters and promote them on social media.
Anarchy’s unique approach to meme use has also attracted large investors from all over the cryptocurrency market. Other top projects like Dogecoin are losing their whales to Anarchy, and it’s easy to see why. The platform provides a community structure where every user is valued.
Each $ANA holder will have their say on how the platform should run and how the Anarchy DAO treasury should be used for investments. Profits from these investments will be shared between all members.
Anarchy is built on the layer-2 Ethereum blockchain, allowing it to benefit from top-notch speed and scalability. The platform also utilizes the Gnosis Safe protocol to protect the AnarchyDAO treasury from intrusion.
Plus, Anarchy has implemented auto-burn measures to reduce the token supply over time, increasing the $ANA coin’s value and ensuring that the project will be an essential player in the crypto-verse for years to come.
So, how can you access Anarchy from here?
Next Up: Anarchy Presale
For most crypto projects, the best time to get involved is at the start. This holds for Anarchy, so now is the perfect time to join the project.
You can benefit from the token’s presale: 100x your deposit! Anarchy is taking over the meme coin spotlight, and it’s doing it in grand style. The token is currently selling at $0.00021 per token, so don’t miss out on this chance.
You can access the Anarchy project through the following channels:
Anarchy Website
Anarchy Twitter
Anarchy Telegram
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