FreeWoly (FWOLY) and Shiba Inu (SHIB):
In the crypto world, meme coins are all the rage. With the support of well-known public figures, these cryptocurrencies have captured the attention of the whole world. With famous public figures supporting them for long-term survival, these cryptocurrencies have gained a lot of attention. A meme coin is a cryptocurrency inspired by a popular internet joke or picture.
Most of these meme coins have become favorite investment alternatives, with online communities playing a significant role in their development. Meme coins operate similarly to other cryptocurrencies, utilizing the blockchain and software. They have appeared in particular on blockchains like Ethereum and Solana that uses smart contracts. There are more than 200 meme coins in circulation on these blockchain networks.
An example of a similar case is Shiba Inu (SHIB), a meme coin that can use smart contracts to decentralize financial products. The upcoming FreeWoly (FWOLY) token is a meme coin with tremendous growth potential designed to employ smart contracts to manage its value.
Shiba Inu (SHIB), the Dogecoin Killer
Shiba Inu is an altcoin that utilizes the Ethereum blockchain. The supply of SHIB is limited. In 2020, a fixed quantity of 1 quadrillion SHIB coins was released.
The Shiba Inu network comprises three tokens: Shiba Inu (SHIB), Leash (LEASH), and Bone (BONE). Due to its role as a means of exchange, the SHIB token is the most prominent part of the Shiba Inu network. Users of Shiba Inu can lend money, stake their assets, and generate residual income from Smart contract-related recurring fees.
Contrary to popular opinion, meme coins like SHIB are not only powered by buzz and emotions. The ShibaSwap ecosystem provides various valuable utilities, like NFTs and a distributed platform. SHIB offers its users enticing benefits. Shiba Inu has a platform that can give investors passive income through bonuses from staking, locking up cryptocurrency assets to gain a bonus or collect interest, or investing money in a liquidity pool. The Shiba Inu incentive system encourages users to spend other coins on the network.
FreeWoly (FWOLY), the Ultimate Memecoin
The emerging memecoin initiative FreeWoly (FWOLY) is driven by an exciting Augmented Reality P2E game. The FWOLY token is structured in a Decentralized Autonomous Organization (DAO) structure, which leverages Smart contracts made on the Binance Smart Chain to regulate the meme coins’ value. The concept of “play to earn” is intended to be entertaining, captivating, and profitable while also being a lot of fun. Memecoin’s structure is an example of a Play-to-Earn (P2E) gaming concept.
The FreeWoly platform and the Play-to-Earn game will be powered by the FWoly memecoin. By using a similar approach to SafeMoon Inu, FreeWoly aims to build a community around the memecoin and a planned game similar to a recent project by SafeMoon Inu. Throughout the game, each animal has a unique NFT that may be traded with other players. Within the P2E game, the FreeWoly token will be utilized to reward players, token owners, and community members. Players can earn FWoly memecoin through the game.
FreeWoly intends to adopt a P2E paradigm, in which a community is created around the memecoin and its planned game. Players that purchase FWOLY in the first round of presale get a 6 percent discount on their purchase price. Purchases made in the second and third stages of the presale will earn you bonuses of 4% and 2%, accordingly. The reward system gives players bonuses and incentives for purchasing the FWOLY token with fiat and other cryptocurrencies.
There’s every possibility that Freewoly will hit the moon like dogecoin killer Shiba Inu, so pay attention to its first stage of the presale.