Cheems, the Shiba Inu dog who became a viral meme and inspired meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) passed away at age 12. Read how the meme coins are reacting to the event. Meanwhile, a new project, Watchvestor (WVTR) has become the rave of the moment, attracting investors over its uniqueness.
The Iconic Cheems Meme Dog’s Legacy
Cheems is a popular Shiba Inu dog initially named Balltze. Born in Hong Kong in 2011 but later moved to Japan with his owner, Cheems became a famous internet meme because of his distinctive smile and mispronounced words, such as “boink.”
From just an internet meme, Cheems will inspire the launch of Dogecoin in 2013, often featuring as part of the Dogecoin family. As a meme legend, the passing of Cheems at age 12 due to cancer has struck a chord with Dogecoin fans and meme enthusiasts.
Dogecoin (DOGE) and Shiba Inu (SHIB) Reacts to Cheems’ Passing
Given Cheems’ close association with Shiba Inu (SHIB) and Dogecoin (DOGE), it was no surprise that both communities have paid tribute to the meme legend. Members of both communities have shared touching tributes and digital artwork dedicated to Cheems.
In terms of price, the Dogecoin price and Shiba Inu price have also been moving sideways. The price of Dogecoin has consolidated above the $0.06300 support level. If this level hold, the DOGE could prepare for a rally.
The Shiba Inu coin has consolidated, after finding support at the critical $0.000008000 level. Crypto experts have predicted that the price of Shiba Inu could increase if it continues to hold this level over the next week.
The Growth of Watchvestor (WVTR) Attracts Investors
While the meme coins react to the passing of Cheems, Watchvestor (WVTR) has continued to brew excitement in the crypto space. As the first blockchain marketplace for the luxury watch industry, Watchvestor is growing at a rapid rate. Many investors are attracted to the platform largely because of the growth prospect it offers.
The annual appreciation of the Watchvestor market stands at 40.6%. In comparison, the annualized return of the S&P 500 is 9.5%. As a result, investors are being drawn to Watchvestor where they can easily invest in rare, luxury timepieces.
The marketplace will offer luxury brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet for as little as $10. By tokenizing these assets on a blockchain, and offering them as fractional NFTs, Watchvestor will allow investors to own smaller fractions of these luxury watches stored in vaults.
This growth has not gone unnoticed, as more investors are drawn to Watchvestor’s vibrant ecosystem, seeking to be part of the one-of-a-kind project. With its current growth rate, experts have predicted that WVTR, which now retails at $0.03 could reach highs of $0.35 by the end of the year.
Find out more about the Watchvestor (WVTR) Presale Today:
Telegram Community: https://t.me/WatchvestorOfficial
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