Memecoins are one of the areas that investors are very interested in. There are a number of memecoins that are among the most invested coins by investors. At this time, on-chain data aggregator IntoTheBlock has published the memecoins that are most popular with short-term investors.

Dogecoin Achieves Significant Differentiation From Its Competitors

Accordingly, while Dogecoin has recently become the most popular memecoin among short-term investors, DOGE has attracted the most investors (110,000) in the past seven days. After Dogecoin, the memecoins that have attracted the most investors include Shıba Inu (SHIB), DEGEN, and PEPE.

Shib and Degen stand out with around 23,000 active short-term investors, but Degen has achieved significant success by catching up with Shib despite having only 10% of the Shiba Inu's market value.

PEPE, one of the whales’ go-to memecoins, is lagging behind its competitors with 19,000 active investors last week. Memecoins of interest to short-term investors include Coq Inu, Turbo, Mog Coin, and MAGA.

“Short-term investor activity plays a major role in memecoin. Because memecoin is largely driven by hype.

It is no surprise that DOGE is the memecoin with the largest number of short-term investors.

DEGEN stands out with around 23,000 active short-term investors, on par with SHIB, despite having only 10% of Shiba Inu's market value.

The difference in investor numbers compared to other memecoins is significant. Some mid-cap tokens have around 4,000 investors.

DYOR! #Write2Win #Write&Earn #Write2Learn #Write2Earn! $DOGE