New 'DED' Meme Coin Seeks to Bring Playful Spirit to Polkadot
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Meme coins like Dogecoin and Shiba Inu saw huge spikes in 2021, and the trend may repeat with the upcoming DED airdrop on the Polkadot blockchain.
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DED will be the first meme coin launched on Polkadot, known for its interoperability between blockchains, allowing it to diversify and capitalize on the meme coin phenomenon.
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Unlike most meme coin projects, DED coins will be airdropped to Polkadot's DOT holders rather than sold, ensuring a fair and community-driven distribution.
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Other recent meme coin projects include Solana’s BONK and Ethereum’s dog-themed meme coins, though demand for newer entrants appears to be cooling.
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Polkadot community members are excited about DED, believing its community-led approach channels the playful spirit that drove popularity for other meme coins.