- As the memecoin ecosystem grows, new entrants are making their way into the industry. The coin should not be confused with SMURF (Smurf INU) on Coinmarketcap.
- Smurfs Coin is now posing as a major challenger to Shiba Inu.
In the ever-evolving world of crypto, memecoins have gained immense popularity. These digital assets have captured the attention of investors looking for quick and substantial returns. One such memecoins, Smurfs Coin (SMURFS), is now making waves in the market and challenging the dominance of Shiba Inu (SHIB), another memecoin that has enjoyed tremendous success over the past few years.
Unlike Shiba Inu, which has struggled to regain traction in recent times, the SMURFS memecoin has captured the interest of crypto enthusiasts. According to its description, the token enables seamless transfer, buying, and selling at no extra cost.
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The Smurfs Coin Ideals
The Smurfs Coin is a multi-chain token that can be found on Ethereum (ETH) and Binance Smart Chain (BSC). According to current data, SMURFS has a maximum supply of 404,000,000,000 with more than half of the total supply currently in circulation.
While Shiba Inu has established a dominant position in the memecoin industry, SMURFS is rapidly gaining traction. Markedly, investors are enticed by the potential of an ROI that is likely to push above 3,500% and even surpasses Shiba Inu’s achievements in the long term. While early adopters of Shiba Inu witnessed incredible returns, those of SMURFS hoped to replicate this success and even surpass it.
One of the key factors contributing to SMURFS’ rising popularity is its strong community support. The memecoin has a growing and enthusiastic community of believers who are actively engaged in its development and promotion. SMURFS has also created a strong and long-lasting tokenomics model. The developers have set aside a sizable fraction of the overall token supply for liquidity, providing market stability and deterring price manipulation.
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The Smurfs Coin team is committed to transparency and has given up ownership, fostering trust in investors. These elements contribute to a stable and secure investment climate, which is essential for long-term success.
Overall, while SHIB has struggled to regain momentum and faces a lack of demand, SMURFS has emerged as a potential contender in the memecoin space. With its unique concept, strong community support, and robust tokenomics, the Smurfs memecoin presents an opportunity for investors seeking high-risk, high-reward investments.
The Struggles of Shiba Inu – Selling Point for SMURFS
Shiba Inu’s market value has fluctuated significantly as a result of its volatile nature and speculative trading activity. Meanwhile, SHIB achieved a reasonably high market value during its peak popularity, making it one of the most valuable memecoins in terms of market capitalization.
The token’s price has significantly declined from it’s all-time high, indicating a loss of interest and hype among investors as compounded by the crypto winter. Technical indicators show minimal demand for SHIB, resulting in slow price movements and low volatility.
The lack of trading volume has also hindered any potential rebound for SHIB, making it difficult for the token to break through key resistance levels. Furthermore, the market structure remains bearish, indicating that buyers have struggled to drive the price up.
All of these can be beneficial for SMURFS whose market cap makes it relatively more malleable at this time.
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Website: https://smurfs.fun/
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