The 5 Dog-Themed Memecoins Dominating the Market in 2024

Are you still into dog tokens? The crypto community continues to bet heavily on these coins. Here is the current landscape:

DOGE leads but weakens Dogecoin maintains its crown with $9.5B in market cap (ranking #8), but is far from its ATH of $89B in May 2021. The problem: with no significant updates since 2015, some are moving to more “useful” alternatives.

SHIB fights for position Shiba Inu rounds $4.5B (rank 19) and showed why memecoins can have brutal volatility. Its peak was $19B in October 2021. The community (SHIBArmy) keeps the project alive with staking and utility on ShibaSwap.

FLOKI aims to differentiate itself With a market cap of $270M , Floki Inu is trying to step out of pure memecoin play. It is on Ethereum and BNB Chain, developing metaverses and NFTs. Position #118, still very far from its siblings.

BONE: The governance coin that works $230M market capitalization (rank 130). The interesting part: BONE gives real voting power in ShibaSwap DAO and Shibarium (Layer 2) provides technical credibility.

Baby Doge: The “improved” version $215M in the market, but it was $5B at the peak. Hyperinflationary, with an emphasis on charity. Elon’s tweet about “Baby Doge” was the trigger.

The reality: these coins thrive on social media hype. DOGE has real presence as a payment method; the rest are still proving utility. To invest, distinguish between pure memecoin narrative vs. projects that build ( like BONE or FLOKI with eco).