![]() Source: Catalyst Labs / Shutterstock 3 Millionaire Maker Cryptocurrencies For Under $1 When it comes to cheap coins, pick originals that have yet to break beyond $1. So, what to do about the “Taylor Swift” effect in crypto? Easy. But that hasn’t stopped speculators from trying their hand at the game anyway. Last I checked, Shiba Inu (CCC: SHIB-USD) remains the only meme copycat that breaks into the top-100 cryptocurrencies. ![]() And tokens from Mars Inu (CCC: MARSINU-USD) to MetaDoge (CCC: METADOGE-USD) top the “now trending” charts by re-cutting names like “Dogelon Mars” into something new.Ĭlearly, these knockoff tokens are poor long-term investments. Bitcoin Gold (CCC: BTG-USD), Ethereum Classic (CCC: ETC-USD) and other second-tier cryptos seem to spark interest every several months simply for sharing forks and names with their better-known siblings. On the other hand, crypto investors seem to relish in the Taylor Swift effect and it’s crossed wires. Back in 2015, GQ Magazine reported how a now 36-year-old man, Taylor Adam Swift, had to change his email address after country music fans flooded his inbox with fan mail. One might call this the “Taylor Swift Effect,” after the unfortunately common (and androgynous) name that’s made life challenging for people who share a moniker with the singer-songwriter. ![]() If it shared its name with a new Covid-19 variant, people were buying. ![]() It didn’t seem to matter that anonymous developers entirely controlled the token. On Monday, news emerged that little-known Omicron Token (CCC: OMIC-USD) had jumped 1,000% overnight. Source: Shutterstock Cryptos Go “Taylor Swift”
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