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Since cryptocurrency relies heavily on supply and demand, internet memes can have a powerful influence on crypto prices. Meme coins typically don't have much intrinsic value, but they can be fun and exciting enough that users buy them nonetheless. Avalanche community members have recently launched their own meme coin to capitalize on recent crypto trends. Called Coq Inu, this crypto has made headlines with an increase in value of over 180% in just one month. Should you try to join this craze? If so, is it too late to capitalize on Coq Inu? Keep reading to find out.
Key Takeaways:
Coq Inu is a meme cryptocurrency coin based on the Avalanche platform.
Stylized as COQ, this coin has a chicken-based theme, and a lot of its marketing revolves around humorous wordplay related to its name.
Looking to trade Coq Inu tokens? Bybit now offers the COQ/USDT Spot trading pair.
Coq Inu is a meme cryptocurrency coin based on the Avalanche platform. Stylized as COQ (the French word for “rooster”), this coin has a chicken-based theme. A lot of its marketing revolves around humorous wordplay related to its name.