Meme coins like SHIB, PEPE, and DOGE are gaining traction in the crypto market.
Shiba Inu offers decentralized exchange features and has a strong, loyal community.
PEPE and Dogecoin are rapidly growing, with Dogecoin having celebrity endorsements and utility potential.
Meme coins aren’t just about fun, they’re driving serious momentum in the crypto market. While Bitcoin and Ethereum dominate headlines, meme coins are quietly gaining traction.
These tokens are fueling optimism among investors. Some of the top Ethereum-based meme coins have seen rapid growth. Let’s take a look at three standouts that are changing the game—Shiba Inu, Pepe, and Dogecoin.
Shiba Inu (SHIB): The Dogecoin Rival
Source: Trading View
Shiba Inu (SHIB) launched in 2020 as a direct rival to Dogecoin. It quickly gained a reputation as the “Dogecoin killer.” SHIB offers more than just meme value.
Shiba Inu powers a decentralized exchange (ShibaSwap) and NFTs including a metaverse project in the works. The SHIB community, called the SHIB Army, is one of the strongest in crypto.
SHIB’s low price makes it attractive to investors who want to buy in early. It’s much more than just a fun coin.
Pepe (PEPE): The New Meme King?
Source: Trading View
Pepe (PEPE) is one of the newer meme coins, but it's already gaining fans. Based on the famous frog meme, PEPE has seen rapid growth.
PEPE is listed on several exchanges, including LCX. PEPE taps into meme culture, which has proven to have strong staying power in crypto. Many investors see PEPE as a potential hit.
PEPE’s fast rise has some comparing it to SHIB. Only time will tell if it can match SHIB's success.
Dogecoin (DOGE): The Original Meme Coin
Source: Trading View
Dogecoin (DOGE) was the first meme coin, starting as a joke in 2013. It has since grown into a serious player in the crypto space.
DOGE has a strong following, thanks in part to celebrity endorsements from figures like Elon Musk. The coin has surged in value over the years and now has a market cap in the billions.
While it began as internet fun, DOGE is becoming more utility-focused. Meanwhile, ongoing developments aiming to expand its use.
These Ethereum-based meme coins—SHIB, PEPE, and DOGE—are making real waves in the market. Whether you’re a seasoned investor or new to crypto, these tokens are worth keeping an eye on. They’re more than just jokes—they’re driving real market activity.
The post 3 Ethereum-based Meme Coins Fueling Market Optimism: SHIB, PEPE, DOGE appeared first on Crypto News Land.
