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CoinEx Academy

What Is Welshcorgicoin and How to Buy WELSH Tokens?

2024-03-28 12:48:09

After the trend set by Dogecoin, a bunch of dog-themed meme coins jumped into the scene. Among these is the Welshcorgicoin, which has experienced its fair share of fluctuations like any typical meme coin.

This blog explains what Welshcorgicoin is all about and how to start trading WELSH crypto tokens on CoinEx.

What Is Welshcorgicoin (WELSH)?

Welshcorgicoin, or Welsh, is a meme coin inspired by the success of meme tokens and the massive community backing them. What makes it special is that it's the first meme coin to operate on the Stacks (STX) blockchain, which connects it to the Bitcoin network. 

With this setup, Welsh not only embraces the playful nature of meme coins but also benefits from Bitcoin's robust security features.

Welsh started in 2021 but got little attention from traders initially. However, in 2023, the Welsh community renewed their promotional efforts via memes and social media to boost its popularity. This effort helped Welsh gain traction and build a loyal community.

Here are some $WELSH Coinmetrics and official links:

Happy Welsh NFT Collection

Aside from the Welsh crypto tokens, the Welsh Corgi Coin project also offers 2,000 Non-Fungible Tokens (NFTs) to celebrate its community and culture. Each of these digital artworks features unique designs related to the Welshcorgicoin or themes associated with it.

Moreover, the collection of Welsh NFTs is stored on the Stacks blockchain, meaning each one is unique and has proof of ownership. For better compatibility and secure ownership, each Happy Welsh NFT follows the set of rules for creating digital collectibles on the Bitcoin network called the SIP-009 standard. 

If you want to collect Happy Welsh and become a valuable member of the Welsh community, you may visit the Happy Welsh NFT gallery on Gamma and TradePort.

What Is Stacks (STX) blockchain?

Stacks (STX) is a blockchain layer designed as an extension of the Bitcoin network. The Stacks blockchain enables complex operations like smart contracts and decentralized apps (DApps) while still securing them with Bitcoin’s robust security model. 

It does this by bringing programmability to Bitcoin through its secure programming language, called Clarity, all while not altering the core of Bitcoin. 

On Stacks, users can: 

  1. Build and deploy smart contracts
  2. Settle transactions on the Bitcoin blockchain
  3. Perform atomic swaps with BTC and other assets
  4. Interact with the Stacks native asset, STX
  5. Access fast and scalable transactions
  6. Enhance the security and durability of their transactions and data
  7. For further information about Stacks, refer to its official documentation. 

Other Popular Meme Coins

Just like Welsh, many other meme coins have recently joined the market. A few of them are listed below.

Huhu Cat (HUHU)

Huhu Cat, as the name suggests, is a cat-themed memecoin on the Merlin Chain. The value of Huhu Cat has been rising since its February 2024 launch. It has a significant trading volume and support from CoinEx for trading HUHU. Currently, there are 2.10 billion tokens in circulation with a total market cap of $25.06 million.

Smolecoin (SMOLE)

Smolecoin is a meme coin created on the Solana Blockchain by artist Dekandente of Dystolabs Game Studio. SMOLE broke records with the largest Solana presale ever at 169,982 SOL. Currently, there are 420 billion SMOLE tokens in circulation. SMOLE is also listed for trade on CoinEx. 

IQ50

A Wojak meme page on Twitter announced the IQ50 coin in March 2024. The IQ50 token is designed for the Solana ecosystem with the SPL-20 standard. Initially, it was promoted through an airdrop and now it has a total supply of 505.05 billion. IQ50 is also supported by CoinEx. 

How to Buy and Trade WELSH Tokens? 

CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With 900+ tokens supported, including WELSH, users can now trade easily and seamlessly.

WELSH was listed on CoinEx on January 18, 2024, at an initial price of $0.001847 USD, marking an impressive overall change of +231.07%.

To purchase WELSH tokens on CoinEx, follow the steps below.

  1. Create an Account: Start by signing up for a CoinEx account. 
  2. Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
  3. Navigate to WELSH Trading Page: Once your account is funded, go to the dedicated WELSH trading page on CoinEx. You can find a search box and enter the term WELSH to swiftly locate the trading pair associated with WELSH tokens.
  4. Choose a Trading Pair: Select the trading pair WELSH/USDT if you'd like to trade WELSH against USDT (Tether).
  5. Specify the Purchase Amount: Determine the quantity of WELSH tokens you want to purchase. Input the amount in the trading interface, which will calculate the corresponding cost based on the current market price.
  6. Execute the Trade: With the specified amount, proceed to execute the trade. Confirm the details, and if you are satisfied, submit the order.

By following these comprehensive steps, you can easily trade WELSH on CoinEx, taking advantage of the available trading pairs.

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