By now, everyone has heard of Bitcoin in Singapore, at least in passing. On 8 February, Tesla announced that they had invested 1.5B into Bitcoin, the world’s best-known cryptocurrency. The price of Bitcoin and the hearts of every Singaporean with a Coinbase or Coinhako wallet soared.
Investing in Bitcoin now that they have reached a record high may not be the best of choices.
Currently, 1 Bitcoin is valued at $61,787.33 SGD. You’d be better at looking at the other cryptocurrencies in the market.
Something that’s suited to your personality, perhaps. It all comes to down to what you love.
You are: Monacoin
Bio: Cats have been ruling the internet forever, so it’s no surprise that they get to have their own cryptocurrency. Created in Japan in 2013, Monacoin is Japan’s first cryptocurrency and its brand image is based on an ASCII art character, Mona.
（ ´∀｀）＜ オマエモナー
（ ） ＼＿＿＿＿＿
｜ ｜ |
And here’s what a Monacoin looks like:
Value: 1 Mona = 2.52 SGD
Note: There’s also a Nyancoin, which is of course, based on Nyan Cat.
You Are: Dogecoin
Bio: The original memecoin. Created in 2013 by software engineers Billy Markus and Jackson Palmer. Dogecoin features the face of a Shiba Inu dog, popularized by the Doge meme. Though it may look like a joke, Dogecoin is such serious, very legit. Dogecoin has been used to raise funds for charitable purposes and is perhaps the best-known cryptocurrency after Bitcoin.
Value: 1 Dogecoin = 0.099935 SGD
You are: Whoppercoin
Bio: Do you love Burger King and feel that they are criminally underrated when it comes to good fast food? Then you’ll want to hear about Whoppercoin. Its existence was largely made known by a BBC article which explained how a Crypto Cash start-up, Waves, had partnered with Burger King Russia to sell Whoppercoin.
For every rouble they spend on a Whopper, they will be entitled to claim one Whoppercoin.
Sadly, although they had a good start, the Whoppercoin was not destined for success. The cryptocurrency became defunct in 2019.
You are: Cthulhu Offerings
Bio: In 2014, the darkest and most troubling of virtual monies was spawned on a cryptocurrency forum called Bitcointalk.
Cthulhu Offerings is named for the unknowable, mysterious god that casts a large shadow over all of H.P. Lovecraft’s works. Fans of Cthulhu Offerings call themselves cultists. Coins are called offerings and mining is accomplished via sacrifices.
Unfortunately, not enough sacrifices were made and Cthulhu Offerings or OFF is now defunct.
You are: Titcoin
Bio: If you love titties so much that you pay to look at them, Titcoin might just be for you. Created in New York City in 2014, Titcoin wants to be the de facto method of payment for the adult entertainment industry.
In 2018, all of Titcoin’s assets were acquired by TittieCoin Developers.
(No interest by restaurant chain Hooters has been noted, however.)
Value: 1 Titcoin = 0.000358 SGD
You are: Garlicoin
Bio: When your friends take you out to have pizza or drinks, what you look forward to the most is the garlic bread. Soft on the inside, crispy on the outside, garlic bread is the thing that never disappoints you.
Like Dogecoin, Nyancoin and Monacoin, Garlicoin is what is known as a memecoin. Basically, a joke that became an actual virtual currency. Garlicoin was birthed in 2017 via Reddit and since then, they’ve created an actual roadmap forward in addition to keeping the memes flowing.
Value: 33.018 Garlicoin = 1 SGD
Now that you know a little more about cryptocurrencies, you may feel a little more confident about exploring the crypto-market in Singapore.
Did you know we have a cashless café that only accepts payment in cryptocurrencies? That’s Ducatus Café, located in the heart of the Central Business District on Robinson Road.
Did you also know we have multiple ATM machines around Singapore named after the Mother of Dragons from Game of Thrones? One catch though, the Daenerys machines are Bitcoin ATMs.
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