Cryptocurrency enthusiasts who piled into meme coins such as Dogecoin and Shiba Inu amid the long-time industry rallying call of “to the moon” are finding this year’s journey back to earth pretty painful.

Dogecoin, Shiba Inu and other tokens associated more with online jokes rather than actual software products have been hit harder than sector originals Bitcoin or Ethereum during the recent retreat from the record price levels reached late last year. Doge is off nearly 80% from its all-time high of 74 cents in May, and Shiba has declined more than 65% since hitting its peak of fractions of a penny in late October, according to data compiled by Messari.

Trading volumes have fallen off, now measured in millions instead of billions. And the jokes that once swayed a legion of mostly retail day traders to buy up coins on a whim come with a hint of sadness.

The frenzy started with Doge. A digital token created in 2013 by a pair of software engineers took off as interest in crypto trading spiked and a new crop of retail traders took to social media platforms, using jokes, sarcasm and trolling to gin up their popularity. Tesla Inc. Chief Executive Elon Musk’s embrace of the token helped to send it soaring. Doge’s popularity inspired the creation of new tokens based on the breed of dog, including Shiba Inu, Baby Shiba Inu and Floki, which is named after Musk’s pet.

Amid the ongoing crunch in crypto prices, the memes have become less breezy. One Twitter user under the handle Shibetoshi Nakamoto tweeted a cartoon of a young man in a backwards cap asking at the pearly gates: Did I waste my life by making Dogecoin?

DogeTooCheap tweeted a picture of a grim reaper with the face of a Shiba Inu knocking at doors labeled 17 cents — a level at which the coin has struggled to break above since late December.

This our life right now $Doge #Dogecoin

Stalwarts say Shib coin holders are “on the way to the moon and beyond,” but dedicated chatrooms show that the oft-repeated rally cry appears to have lost some of its power.

January will be the month to determine the growth of #SHIB. I have a very good feeling we’re on the way to the moon and beyond.

On a Shib-dedicated Discord channel a user going by djcau5e wrote: “It’s a complete roll of the dice, while I would love to go to the moon I think a lot of peoples expectation to hit $1 or even .01 is unrealistic in the next few years.” At Shib’s peak, it was $0.0000875.

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As part of the education on legality meetings organized by the Cardano institute, yesterday we talked about Afghanistan and education with Walimohammad Atai, a young 25-year-old refugee from Afghanistan. Present some classes of the institute who were able to listen to the extraordinary story of Atai, known for having refused to become a martyr of religious fanaticism. Title of the meeting and of the same book presented by the young man: “I refused heaven so as not to kill”. Atai told the stories of terrorism, fanaticism and hope that have marked his life, starting with the images of a child in the Taliban training camp, a place where children are manipulated to become human bombs. Memories that then came to the exciting words of his journey towards life made by remaining for hours attached to the bottom of a truck. Once in Italy, Atai has finally realized the dream of studying, helping refugees to integrate into Italian society and making known the troubled history of their country. “Education is a more powerful weapon than a rifle – he wanted to emphasize to the boys present – because it makes men free and not manipulated by any kind of power”. Inevitable, yesterday addressed to the contrast of violence against women, also a reference to the condition of women in Afghanistan. The news that has come since the Taliban returned to power testify to unfortunately predictable situations and beyond imagination. We are talking about girls given up as brides, killings, the stop to most of the activities for women and an apocalyptic economic crisis. –

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Elite Doge Club is launching an NFT project with a collection of 100,000 artistic representations of the all-time favorite Dogecoin Shiba Inu mascot. The NFT representations of Dogecoin’s Shiba Inu are designed by the legendary designer and animator Julien Deragon who is famous for his contributions to huge Hollywood projects such as Game of Thrones and Netflix’s Stranger Things to mention a few. 

Deragon brings the same attention to detail and an adventurous creative imagination to the Elite Doge Club NFT project which is set to launch on October 17th, 2021 at 9 pm eastern time on OpenSea. 

Each NFT will be priced at 0.01 ETH in what amounts to be the biggest yet cheapest NFT drop ever.

NFTs: A Simplified Definition

NFTs are having a moment right now in the crypto sphere as artists, musicians, celebrities, and public figures join the bandwagon. It can even be argued that NFTs outshine cryptocurrencies in terms of popularity, given the fact that some NFTs have sold for tens of millions in hours from their launch. 

At its core, an NFT (non-fungible token) is a digital asset built on the blockchain with unique characteristics. While an NFT operates similarly to a cryptocurrency, it differs such that there can only be one NFT; therefore, you cannot exchange one NFT for another as you would a cryptocurrency. Also, NFTs are indivisible, and there cannot be two people owning the same NFT at any given time. This is made possible by blockchain’s immutability which registers the ownership of the NFT as a digital signature that can only be transferred from one owner to the other without duplicate ownership.

The basic characteristics of an NFT render it useful for multiple applications. You can use an NFT to represent ownership of anything rare, unique, and indivisible in the physical world. From digital collectible art pieces to rare in-game items and now the people’s favorite Dogecoin’s Shiba Inu animations, NFTs are popular for the fact that they enable proof of ownership like never before.

Elite Doge Club: All you need to know

Elite Doge Club is home for Dogecoin fanatics looking to grab a piece of the NFT pie with a growing following on Twitter. This is a project that will serve as a gateway into NFTs for anyone who loves the Dogecoin meme revolution. 

With 100,000 carefully crafted art pieces of the people’s favorite Doge mascot, you can be sure to find something for everyone as the collection includes impeccably shaped designs that depict a modern cultural movement. The project espouses the love for dogs, and of course the adorable, funny, and meme-worthy Shiba Inu dog that has become the face of the ”people’s cryptocurrency.”

Founded by Max and Mark, two entrepreneurs and marketing experts who are also Dogecoin fanatics and free-thinking entrepreneurs, Elite Doge Club boasts of a serious team who bring the experience of their previous remarkable achievements to the Elite Doge Club project.

Max, for instance, is known for growing the largest TikTok agency in Canada, which he started as a complete joke. Mark, on the other hand, is the team’s older bald guy and is known for being the best-selling author, thus bringing his entrepreneurial expertise to the group.

Add, Julen’s artistic achievements in big-time movies and TV Series not to mention Alex the operations officer who started his journey into NFT through Axie Infinity and you have a stellar team ready to take Elite Doge Club NFTs to the stratosphere.

Using Memes to Appeal to the Masses

Elite Doge Clube rides on the growing popularity that Dogecoin enjoys with an aim of translating Dogecoin’s crypto growth into the NFT space. Since 2013, Dogecoin’s Shiba Inu dog image with cosmic sans thought bubbles has sparked a cult-like following, yet there is “much wow” we are yet to see. 

Dogecoin is more than a cryptocurrency. It is a form of expression that can be used to tell a joke, talk about naps, or even take a trip to the moon with one of Elon Musk’s Space X rockets. 

With millions of followers worldwide and continued growth in Dogecoin’s market capitalization, there is absolutely no reason why an NFT chapter of the Dogecoin phenomena should not be established.

How to Participate in Elite Doge Club’s NFT Launch

To grab a piece of the Elite Doge NFT collection, start by getting your MetaMask wallet up and running. The launch of the 100,000 NFT will take place on OpenSea, which is one of the biggest NFT marketplaces at the moment. 

Confirm that you have ETH in your MetaMask wallet, and be sure to have an extra amount to pay for gas fees. Gas fees are transnational fees that are paid to miners for facilitating transactions. These fees tend to vary and can be significantly high when the Ethereum network is congested. 

With Ether in your wallet, connect to the OpenSea marketplace and make a purchase of Elite Doge Club’s NFTs. You will receive your NFT in your wallet upon completion of the transaction. You can join the growing Elite Doge Club’s Discord community and be part of the launch.