Dogecoin has come a long way since its launch in 2013, no longer just a lighthearted tease in the nascent cryptocurrency market. It has become the top meme coin by market cap, generating huge profits for early investors. Dogecoin has since become accepted as an online payment method for its low fees and fast transaction speeds.
Dogecoin’s success comes from its loyal fan base, which continues to inspire enthusiasm for the project. Thanks to the backing of Tesla CEO Elon Musk, the token has shown significant potential to spark price increases and national headlines. The bottom for Dogecoin may have been hit, making now an excellent time for new investors to get in.
Shiba Inu: Shibarium is launched, with huge room for growth
Launched in 2020 by a pseudonymous creator, Shiba Inu was initially a response to the success and meme spread of Dogecoin. But no one could have imagined how Shiba Inu would unfold its life. Its native token, SHIB, experienced an epic rally, reaching an all-time high in October 2021, solidifying its place in the cryptocurrency world.
Shiba Inu has grown from a speculative memecoin to a full blockchain project. This was confirmed with the launch of Shibarium, an Ethereum layer-2 scalability solution for the SHIB ecosystem. The platform will focus on metaverse and blockchain gaming applications and act as a settlement layer for DeFi applications. Are the next few years bullish for Shiba Inu? Of course they are.
Floki Inu: GameFi meme coin emerges
Floki Inu launched in 2021 and has quickly established itself as a leader in the memecoin space. Like all the other players on this list, Floki Inu differentiates itself from the hype-filled memecoins by focusing on blockchain gaming and GameFi. Floki Inu is launching Valhalla, its own NFT game where users can earn FLOKI tokens by playing.
The project's roadmap fully reflects a memecoin that demonstrates utility, deep community engagement, and an overall vision. Floki Inu offers promising long-term growth potential as one of the best memecoins on the market; be sure to add it to your watchlist.
