The companyвЂ™s website states that вЂњat its core, SAMO is an emerging digital asset that backs a community concentrated on onboarding Solana users,вЂќ among other things. In my opinion, the strongest is that the project has aligned itself with Solana ( SOL-USD). There are a couple of reasons to consider investing in it now. Source: Evgeniia Shikhaleeva / ShutterstockДЄs you may have guessed, Samoyedcoin ( SAMO-USD) is yet another dog-inspired cryptocurrency. That track record indicates it could see considerable gains again. But it gained traction long ago, spiking as high as $17 back in December 2017.

Technically, it reached $4 levels recently and has since subsided. Instead, it is the community of users who engage with it via client applications on their computers that control MonaCoin.ДЄnother reason to consider MonaCoin is that it blew up several years ago, and not just in the most recent run-up of cryptocurrency. MonaCoin was developed by MonaCoinproject, but that entity does not control the crypto. This is where MonaCoin starts to make a lot of sense. One of the reasons investors are so wary of cryptocurrency is they believe it is the owners who ultimately benefit rather than the participants. This particular cryptocurrency is based on the popular Japanese ACSII art cat character called Mona. Nevertheless, investors should be aware of it, as it has plenty of potential to move upward in the second half of 2022. MonaCoin isnвЂ™t perhaps the best-known meme coin. The partnership could very well mean other fashion brands will follow suit and soon begin to accept Dogecoin in their retail outlets. Second of all, Dogecoin has a great market opportunity in the fashion industry, which is very progressive by nature. If crypto is to truly chip away at the market that fiat currency holds, such use cases are the fastest way forward. In partnering with Gucci, it is setting up real-world use cases for its coin.

The argument that I made then was that if DOGE is successful in this partnership, it will have a powerful catalyst on its side.ДЇirst of all, Dogecoin is simply doing what it must. KeringвЂ™s (OTCMKTS: PPRUY) Gucci will soon accept Dogecoin as payment in its retail settings, and this is powerful news for the coin. The premise is simple, and investors are going to continue to treat it as a joke until it builds respectable use cases.ДЄs I reported a few weeks ago, Dogecoin is beginning to build out real utility in a sector that has potential: the high-fashion industry. The same argument is always persisted: Dogecoin lacks utility. ItвЂ™s no secret that its founders created as a joke, and that has led many analysts to conclude it will always remain a joke. Dogecoin ( DOGE-USD) remains the ultimate meme coin.

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