The crypto space is a very technical one, especially for beginner traders. The high volatility, usability and navigating crypto platform are some common challenges new cryptocurrency traders face.
But the development of fun projects and meme coins has drawn a lot of new users and investors into the crypto market. For instance, metaverse-related and P2E projects have flourished hugely, attracting many video game lovers through the play-to-earn model.
Memecoin projects, on the other hand, offer an easy and low-investment route into the crypto space.
These coins were mostly introduced as a lighthearted way to get into the cryptocurrency world. However, they have significantly dominated the market over the years. Because of their popularity, meme coins like dogecoin and Shiba Inu have received celebrity endorsements.
The diversity in the crypto space means that it can be overwhelming for new users looking to invest in popular assets.
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