Hohoho! These four new memecoins are sure to get you in the festive mood as Crypto continues the countdown to Christmas. (Dior!)
It’s DYOR season for Memecoins
With only a few days left before Santa Claus makes his nocturnal deliveries around the world, you know what that means. Yes, Christmas meme coins are everywhere!
Christmas is the king of holiday-inspired meme coins. BNB Chain is the undisputed champion of these fun but incredibly volatile nanocap he tokens.
Check out the 4 new Christmas meme coins listed on CoinGecko.
1. Merry Christmas Token
Merry Christmas tokens are an interesting twist on the usual approach to holiday meme coins. Instead of buying, holding, and praying for pumps, $MCT buyers can also buy and sell Christmas boxes. Non-Fungible Token (NFT) It is “unwrapped” on Christmas Day.
A few hours after the launch of the MCT token, the price stabilized with a market cap of just under $400,000.
In some ways, Floki Santa is more than meets the eye. In other words, not really.
Rather than being another memecoin holiday spin-off, Floki Santa is believed to have its roots in Elon Musk’s tweet, “A picture of his dog in a Santa costume with the caption ‘Floki Santa’.” increase.
The bullish case for $FLOKISANTA: “In 2022, we expect Musk to tweet about Floki Santa again, creating another crypto Christmas miracle.”
Good luck then!
In the 24 hours since the token’s launch, $FLOKISANTA’s price has increased by 20%, bringing its market cap to just over $250,000.
3. Christmas Floki
Christmas Floki features the classic holiday memecoin project features.
“From the team that brought you Valentine’s Floki and Halloween Floki” Christmas Floki is subject to a 9% sales tax, with 4% paid to token holders in the form of a reflection of $BUSD.
Do these reflections cover potential losses in the case of $FLOC tanks?
Since its launch on December 6th, the price of $FLOC has fallen by 66%, with a market cap of around $280,000.
4. Christmas grass
Christmas Shiba is a holiday memecoin for degen who prefer Shiba memes over other memes like Floki.
A portion of the purchase/sell tax will be used to reward token holders and according to the website, “Hold XSHIB, you can mind SHIB. .”
An interesting wrinkle in this memecoin is a “Legal Opinion Letter” posted on a website attributed to a Delaware law firm, concluding that $XSHIB does not qualify as a security under US law.
That’s the holiday spirit!
In the hours after launch, the price of $XSHIB was relatively stable, with a market capitalization of around $1 million.
Remember: Gambling your money with memecoins can be fun, especially during the holidays. It may even be profitable. However, you are much more likely to miss the pump or be late to the dump and end up holding onto your bag. Unlike Santa’s magic bag, it is filled with losses instead of presents.