From Shiba Inu to Pot and Putin… the weird world of cryptocurrency names

The craze round cryptocurrencies primarily Bitcoin and Ethereum has impressed a large variety of startups to create their very own digital cash and appeal to buyers curiosity within the fast-growing digital asset class.
While there are many cryptocurrencies in circulation with respect to their distinctive utility and worth, on this story we discover the weirdest and foolish cash which have surfaced over the previous a number of years.
Dogecoin
“Doge” additionally has an ardent supporter in Tesla CEO Elon Musk, who ceaselessly tweets have added to the digital token’s mania. (File Image)
Dogecoin was created in 2013 by software program engineers Billy Markus and Jackson Palmer as a sooner however “fun” different to Bitcoin. It was began as a satire on the quite a few fraud crypto cash that had sprung up on the time, and takes its title and brand from a Shiba Inu meme that was viral a number of years in the past.

Unlike Bitcoins, whose most doable quantity is mounted at 21 million (a determine that’s estimated to be reached by 2040), Dogecoin numbers should not have an higher restrict, and there are already greater than 100 billion in existence.
When the crypto coin first took off, the net group that was backing it invited consideration by supporting unconventional causes, corresponding to sponsoring Jamaica’s bobsled staff on the 2014 Winter Olympics.
Also that 12 months, the Dogecoin group gave $55,000 price of the digital token to a Nascar driver within the US. “Doge” additionally has an ardent supporter in Tesla CEO Elon Musk, who ceaselessly tweets have added to the digital token’s mania. Musk had as soon as modified his Twitter bio to “Former CEO of Dogecoin.” Other celebrities, together with rapper Snoop Dogg and rock musician Gene Simmons, have additionally promoted it on social media.
Potcoin
There are a variety of cannabis-focused cash—together with HashishCoin, KushCoin, Bongger, Ganjacoinpro, and others. (Photo: Potcoin)
Potcoin, because the title suggests refers to a community that facilitates shopping for authorized marijuana. It is a digital forex that permits shoppers to purchase and promote hashish merchandise anonymously.
The digital coin gives a banking resolution that brings marijuana companies and shoppers collectively on a decentralized peer-to-peer platform, permitting individuals all all over the world to make safe transactions.

Interestingly, on June 12, 2017 the Potcoin group sponsored Dennis Rodman, an American former skilled basketball participant and an unofficial US Peace Ambassador to North Korea— to go to North Korea and negotiate peace between the United States and Kim Jong-un. While it’s unclear if this endeavor successfully promoted the pacifist values of the group, nevertheless it proved to be extremely worthwhile for the notoriety of the coin and the challenge as a complete. Ᵽotcoin’s group grew 600 per cent in a single day.
There are a variety of cannabis-focused cash—together with HashishCoin, KushCoin, Bongger, Ganjacoinpro, and others.
Kodakcoin
will work with Kodak One, a brand new platform that’s supposed to assist photographers license their photographs. (Photo: Twitter/ Kodak)
Kodak, is the newest firm to step into the cryptocurrency bandwagon. The digital camera firm introduced Kodakcoin at an occasion in January to handle digital picture rights and to pay photographers for picture utilization. The digital camera maker even introduced a brand new Kodak KashMiner mining rig to go together with it.
The digital coin will work with Kodak One, a brand new platform that’s supposed to assist photographers license their photographs.
Dentacoin
Founded in 2017, the Netherlands-based Dentacoin Foundation is the autonomous group behind the Dentacoin blockchain-based options. (Photo: Dentacoin)
Dentacoin is a cryptocurrency for the worldwide dental business. The firm in a weblog submit notes that it’s on a mission to enhance oral well being globally utilizing:1. a preventive, sensible contract-based dental assurance model2. a set of dental apps, incentivising helpful consumer behaviour3. a functioning cryptocurrency, used for rewards and funds

Founded in 2017, the Netherlands-based Dentacoin Foundation is the autonomous group behind the Dentacoin blockchain-based options and the same-named cryptocurrency. The authorized construction of the Foundation ensures the right execution of the mission and protects customers’ curiosity because it capabilities solely.
Trumpcoin
200,000 of the six million out there Trumpcoins have been put aside for donation to the Trump administration. (Photo: Trumpcoin)
Trumpcoin describes itself as a cryptocurrency supporting the Trump administration and its followers which it calls ‘Patriots’. The Trumpcoin in a weblog submit describes itself, as staunch “supporters of Trump who love Freedom, God, Family and feels a sense of pride in contributing to society, and stand firm against leftist groups and intimidation.”
The blockchain firm notes that 200,000 of the six million out there Trumpcoins have been put aside for donation to the Trump administration as soon as the forex reaches ‘a substantial value’.
Putincoin
Putincoin, on its web site highlighted that with Putincoin “a variety of prospects will probably be offered for companies, merchants, non-public individuals, social and financial initiatives. (Photo: Putincoin)
Trumpcoin’s counterpart: the Putincoin, is a cryptocurrency named after the Russian President Vladmir Putin. The determination to develop a cryptocurrency devoted to Russia was made to help the quick rising Russian economic system and market throughout the nation and past its borders.

Putincoin, on its web site highlighted that with the coin “a lot of possibilities will be provided for businesses, traders, private persons, social and economic projects. The present and future technology, services and apps are and will always be free to use.”
Whoppercoin
For 1,700 Whopper cash, you may obtain a free Whopper. (Source: AP File)
Burger King, one of many largest fast-food chains on the earth has launched the Whopper Coin. The  cryptocurrency was launched by the Russian department of Burger King as a loyalty program in the summertime of 2017.
This was an initiative of Burger King Russia, and the concept was that for each Russian rouble spent in a Burger King outlet, prospects  got a Whoppercoin.
This Whoppercoin can be utilized to purchase, effectively, a Whopper. If the purchasers have 1700 Whoppercoins, the corporate allowed  prospects to purchase Burger King’s flagship sandwich.
Shiba Inu
SHIB is “primed and ready to overtake the value of Dogecoin.” (Photo: Twitter/Shiba Inu)
Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that options—a Japanese breed of searching canine—as its mascot. The cryptocurrency is broadly thought of to be a substitute for Dogecoin—in reality, proponents of Shiba Inu tout it as “the Dogecoin killer.
According to Shiba Inu founder Ryoshi, it earned the nickname “the Dogecoin killer” as a result of the worth of SHIB is “primed and ready to overtake the value of Dogecoin.” Ryoshi provides that even when SHIB by no means hits $0.01, SHIB’s publicity and utility imply that it will likely be price proportionately greater than Dogecoin.

Crypto fans and consultants are nonetheless grappling to come back to phrases with the SHIB’s all-time excessive market capitalisation which has now surpassed some main Indian corporations corresponding to Adani Enterprises, Tata Steel, and Tech Mahindra. With a market capitalisation of greater than $38 billion, Shiba Inu is now the eleventh largest cryptocurrency.
Garlicoin
Garlicoin is created by mining, with a complete provide of 69 tens of millions. (Photo: Garlicoin)
Garlicoin is a memecoin began in 2018,, based mostly on garlic bread memes. It was once extraordinarily fashionable however nonetheless retains a big group with some loyal followers who proceed to help and attempt to broaden it.
A group of Reddit customers thought it could be humorous to create a cryptocurrency impressed by garlic bread, and they also did. Garlicoin is created by mining, and has a complete provide cap of 69 tens of millions.
Mooncoin
Mooncoin has its personal programming language known as MoonPhrase for decentralized app. (Photo: Mooncoin)
Mooncoin was conceived primarily for frequent, world micro-transactions, therefore its most provide of 384 billion cash. This quantity was derived from the calculation of 1 coin for each millimeter between Earth and the Moon. It’s additionally acquired its personal programming language known as MoonPhrase for decentralised app (DApp) coding and blockchain record-keeping.
Comparisons have usually been made between Mooncoin and Dogecoin, and there are some similarities. Both have been created at roughly the identical time interval, and each are meant for fast micro-transactions. Also, each are taken from a Litecoin idea, as all three use the Scrypt algorithm, which is quicker and extra complicated than Bitcoin’s SHA-256 mining gear protocol.
However, a noteworthy distinction exists in primary coin provide construction: Dogecoin has no most circulating coin provide (i.e., infinite provide), while Mooncoin has a most cap on the overall doable variety of cash, making it deflationary and enticing as a retailer of worth.