What is a Micin Coin? Here's the Explanation!

There are tons of crypto coins available, from the very popular to the very unfamiliar. One such crypto coin is a coin called micin coin.

Maybe the general public mostly focuses on crypto with large capitalization such as Bitcoin, Chainlink, Ethereum, and others.

However, there is a coin that is often overlooked by crypto investors, namely the micin coin. This time, VCGamers will discuss micin coins.

Also Read: The Difference Between Tokens And Coins You Should Know

What is Micin Coin

Micin coin or shitcoin is a crypto coin that has a very low market capitalization. However, there is a large supply of tokens and a low price, such as buying micin.

In general, shitcoins can be coins that are newly released and do not have a purpose for which the coin project was created. Even so, investors should know that crypto must have a clear vision and mission.

Because the price is quite cheap, investors can buy hundreds to millions of these coins with only Rp. 100,000 in capital.

If an investor has an up-to-date and successful strategy, then the investor can become rich just by trading micin coins. However, if the strategy fails, then the investor will also lose.

The faster entry and exit, investors will have a relatively high profit. However, if you only buy micin coins because FOMO or Fear of Missing Out, then you will experience a loss.

For those of you who are curious, here is an example coin micin which has potential in 2022.

Also Read: 5 Crypto Recommendations for Investment in 2022

Micin Coin Example

First, there is a micin coin named SafeMoon. SafeMoon is a DeFi token, released in March 2021 and over time, SafeMoon's popularity has increased considerably.

After that, there is a meme coin named Baby Doge. The coin was released in June 2021 and the value of Baby Doge has increased by around 49.6 percent.

Ape Coin is a token with a decentralized ERC 20 network in the APE ecosystem. The logo of this coin is an attempt to drive the community's popularity.

Furthermore, Bitgert can be an example of coin micin. Bitgert is gaining popularity due to the DeFi ecosystem by the Bitgert team. The last micin coin example is Centex.

Lately, the popularity of coin micin has increased. This has made many investors interested in coin micin. Here are the reasons coin micin has many enthusiasts.

Also Read: What are Web 3.0 Cryptos? This is the Best Choice!

The reason for the large number of fans

As already discussed, the price of micin coins is very cheap because only Rp. 100 thousand, investors can have hundreds to millions of shitcoins.

In contrast to assets whose capitalization is really large, investors need quite high capital to get one asset.

For those of you who want to trade at very cheap prices, micin coins can be a consideration, but you also have to do research first.

In addition to a very low price, coins with small capitalization can also bring quite a large profit potential.

If you have hundreds to millions of coins, if the price of these coins rises dramatically, then you can become rich suddenly.

Thus the discussion about shitcoin or coin micin.

VCGamers has released a crypto asset under the name $VCG Token which operates on the Ethereum network (ERC 20) and Binance Smart Chain (BEP 20).

$VCG Tokens has been officially registered at Bappebti or the Commodity Futures Trading Supervisory Agency and the Indonesian Ministry of Trade as crypto assets traded on the physical crypto asset market.

Currently, $VCG Token has been listed on various CEXs or Centralized Exchanges and DEXs or Decentralized Exchanges namely Pancakeswap, Uniswap, BitMart and Indodax.

Not only that, $VCG Token is the official currency in the first metaverse in Indonesia, namely RansVerse with the collaboration of VCGamers, RANS Entertainment, Shinta VR, and UpBanx.

Follow along Update $VCG Token only in VC News.