Memecoins are taking the crypto world by storm, with Dogecoin (DOGE) leading the charge as the most iconic. SHIB, FLOKI, BONK, and PEPE follow closely, each carving out its niche and fueling the frenzy in this rapidly growing market.
Dogecoin (DOGE) Lead the Meme Coin Market
Current Price:$0.09877
Market cap:$14.4B
Holding a market cap of more than $14 billion, Dogecoin (DOGE), a cryptocurrency extracted from the Murphy’s doge meme, still rules the meme coin market. ‘Below is a Doge meme where all of the fun crypto people were back in 2011 ‘when Billy Markus and Jackson Palmer created Dogecoin, which was meant to be a joke cryptocurrency to be made instead of Bitcoin. Its popularity soared after Elon Musk began endorsing it on Twitter .
SHIB Emerges as a Global Memecoin
Current Price:$0.00001349
Market cap:$7.5B
Shiba Inu (SHIB) was launched in August 2020 based on the community; this currency is available and well-used, with a large number of holders and places that allow it as a payment method. Operated by a shrouded creator known as “Ryoshi,” SHIB has tapped the fast-growing user base and influencers such as Elon Musk and Vitalik Buterin. The token is already involved in ShibaSwap’s business operations, including its further challenges and expansion in capitalization.
DOG Memecoin(RUNE) Launch Takes Place Among the Bitcoin Market
Current Price:$0.00264
Market cap:$264M
DOG has become one of the notable new memecoins in the year 2024. DOG is projected to attract millions to Bitcoin using the Runes Protocol, among all other Blockchains. Unveiled on the 24th of April 2024, DOG memecoin is gradually moving to destroy the traditional way of marketing Bitcoin and is introducing people to the crypto market. This was done in an airdrop as a pseudo-ICO to the Ordinals community on Bitcoin, showcasing the bottom-up nature of the project in decentralization.
Dogs Community Uses Telegram All-World Coverage
Current Price:$0.001222
Market cap:$631.1M
‘Dogs Community’ launched the world’s coin on the TON Blockchain. This venture utilizes Telegram’s primary audience and meme movements. It focused on the charms of a dog’s character that the founder of Telegram created for most. The Dog Community project plans to expose the masses to blockchain through tokenized stickers in an exciting ecosystem that’s full of fun and reward fairness terms
BOOK OF MEME Changes the Rules of the Web3 Clan
Current price:$0.006009
Market cap:414.2
BOOK OF MEME is an avant-garde project in which the boundaries of the web3 discourse are being pushed forward employing the combination of memes, distributed data, and money for going degenerate with shitcoins. The project for collaborative moderation, created on Solana and Arweave, seeks to enshrine the culture of memes in cyberspace in blockchains. Promoting the initiative is sufficient using the $BOME meme coin, which positions itself among the first players in decentralized social networks.
The post Memecoins to Dominate the Market 100x in 2024 appeared first on Crypto News Land.
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