Today is the day, World Animal day! On this animal day, we take a special dive into the world of cryptocurrency, where cryptocurrencies with animal names steal the spotlight. From the iconic Dogecoin, which grew from joke to serious crypto currency, to newcomers such as ApeCoin and FLOKI. Each coin has its own purpose and characteristics. Some focus on community and charity, while others are committed to technological innovation.
So do you want to know more about Animal Coins? Today we focus on the animals of the crypto world. So quickly read our Top 10 Animal Coins 2023.
1. Dogecoin (DOGE)
is a notable cryptocurrency that was originally founded as a joke, but has since grown into a serious digital currency. Dogecoin's project was started with the goal of making the world of cryptocurrency more accessible and fun. Dogecoin is based on Bitcoin's technology, but the cryptocurrency itself comes with a number of unique features. For example, users of Dogecoin can perform microtransactions, which means users can perform small transactions without high transaction fees.
DOGE allows you to make payments for goods and services, but the platform also uses DOGE for charitable purposes. The community behind Dogecoin is known for their generosity and support of various charities around the world.
2. Shiba Inu (SHIB)
Shiba Inu (SHIB)
is a cryptocurrency with the goal of introducing the entire world to blockchain technology and decentralized finance. Shiba Inu aims to achieve this by creating a community-driven platform where users can trade and invest securely and transparently.
SHIB tokens allow users to do various things within the platform. For example, SHIB can be used to trade on various crypto exchanges and token holders can vote on important features within the project, such as new features or partnerships.
3. Uniswap (UNI)
is a cryptocurrency running on the Ethereum network. Uniswap is a decentralized trading platform that allows users to trade various digital assets directly and without third-party intervention. Uniswap's project aims to provide liquidity to the cryptocurrency market. The platform ensures that there are always enough buyers and sellers, this keeps prices stable and does not create large price differences. This makes trading on Uniswap more efficient and less volatile.
The UNI token gives users voting rights within the Uniswap ecosystem. In addition, UNI can be used to become a liquidity provider on Uniswap. By providing liquidity on the platform, users earn fees in the form of UNI tokens.
UNI can also be used as a means of payment on the platform.
4. ApeCoin (APE)
is a cryptocurrency that is attracting great attention from investors and crypto-enthusiasts. ApeCoin is issued by the same team responsible for the Bored Ape Yacht Club. Apecoin is based on the Ethereum blockchain and is designed for meme culture. The cryptocurrency is intended as an outlet for investors' emotions and feelings. Apecoin aims to offer its users a new way of investing, with a mix of humor and financial options.
Users of the platform can buy, hold and trade the APE token on cryptocurrency exchanges. APE can also be used to execute transactions and as collateral for DeFi applications. Moreover, users can stake APE to participate in Apecoin's network validation process.
5. Kusama (KSM)
is a cryptocurrency project known for its experimental and innovative approach. In essence, Kusama is a testing ground for new ideas and technologies that may later be implemented on the better-known Polkadot (DOT) project. The goal of the Kusama project is to allow developers to test out new blockchain solutions and experiment with different consensus mechanisms and governance models.
The KSM token offers several options for holders of the token. For example, the token can be staked to contribute to network security. In addition, holders also have access to parachain auctions. This allows them to use their tokens to secure a spot within a side chain on the Kusama network.
6. Flamingo (FLM)
is a cryptocurrency that focuses on creating a decentralized financial ecosystem. With Flamingo, users can enjoy the benefits of blockchain technology, such as fast transactions and low costs, while having full control over their own time. The goal of Flamingo is to enable users to securely and transparently perform various financial services, such as lending, investing and trading.
The FLM token plays an important role in Flamingo's ecosystem. FLM holders can vote on important decisions within the project and have access to exclusive features and rewards. In addition, FLM tokens can be used as collateral for loans or for staking to generate passive income.
7. FLOKI (FLOKI)
is an Ethereum-based ERC-20 token. Inspired by the popular Shiba Inu coin, FLOKI capitalizes on the growing popularity of memecoins within the crypto community. FLOKI is a community-owned crypto platform that aims to differentiate itself from other memecoins by combining memes with utility.
The special feature of the FLOKI token is that it is not only usable within the platform. For example, you can make purchases with FLOKI tokens at eBay, Amazon and Walmart, among others. You can also buy gift cards from Apple and Playstation with the token.
8. Beefy Finance (BIFI)
Beefy Finance (BIFI)
is a cryptocurrency project that focuses on automating yield farming strategies. The goal of Beefy Finance is to enable users to generate passive income through participation in various yield farming pools. Beefy Finance's platform collects interest and rewards earned by depositing crypto-assets into DeFi protocols and optimizes them through automated strategies. As a result, users do not need any technical knowledge or experience.
With the BIFI token, users can not only participate in yield farming pools, but also vote on key decisions related to the project. In addition, BIFI holders can enjoy additional benefits such as lower transaction fees and exclusive access to new features and products launched by Beefy Finance.
9. Alpaca Finance (ALPACA)
Alpaca Finance (ALPACA)
is an emerging cryptocurrency that focuses on decentralizing the financial market. Alpaca Finance allows users to provide liquidity to decentralized financial protocols (DeFi) while generating passive income. Alpaca Finance allows users to use their ERC-20 tokens as collateral to provide liquidity to various DeFi protocols. By doing so, users earn ALPACA tokens as rewards.
ALPACA tokens can be staked to earn additional returns. Users can also stake their ALPACA and receive rewards in the form of other cryptocurrencies. In addition, ALPACA tokens also give voting rights to token holders.
10. Ravencoin (RVN)
is a blockchain-based cryptocurrency that focuses on facilitating secure and fast peer-to-peer transactions. The unique aspect of Ravencoin is that it is specifically designed for the transfer of digital assets. This allows individuals and businesses to create and manage their own tokens on Ravencoin's network. The project aims to provide a platform for users to issue, receive and trade digital assets.
Using the RVN token, users can perform various actions within the Ravencoin ecosystem. For example, users can use RVN to create new tokens and assign them to specific addresses. RVN tokens can also be used to pay transaction fees.