Dogecoin
First of all, we cannot forget the first and largest dog-themed memecoin on the market currently - Dogecoin.
Dogecoin, created in 2013, is a memecoin based on the Litecoin platform, inspired by the famous Shiba Inu meme. Created by Jackson Palmer and Billy Markus with the goal of "humor and absurdity", Dogecoin quickly attracted a community thanks to its entertainment value and non-financial focus.
Initially, Dogecoin was used for charity and community support, later drawing attention from celebrities like Elon Musk, Snoop Dogg, and Lil Yachty. This helped Dogecoin become the biggest symbol in the meme coin market.
Currently, Dogecoin has a market capitalization of over 60 billion USD, ranking in the top 7 largest coins in the crypto market, according to data from Binance.
Floki Inu
Continuing with a memecoin inspired by Elon Musk's Shiba Inu dog and meme culture.
Initially, FLOKI was merely a meme coin, but later evolved into a comprehensive ecosystem with various products such as: NFT metaverse games, NFT collections, NFT exchanges,..
The FLOKI token currently operates on both Ethereum (ERC-20) and BNB Chain (BEP-20), allowing users to easily trade and store on both blockchains. Floki is based on three principles: the appeal of memes, practical utility, and a charitable aspect, aiming to build a diverse and friendly community.
FLOKI price is hovering around 0.0002 and has a market capitalization of over 2.2 billion USD, according to data from Binance.
Neiro
Neiro is a memecoin inspired by a Shiba Inu dog named Neiro, adopted by Atsuko Sato. Atsuko Sato was once the owner of Kabosu, the inspiration for Dogecoin (DOGE), one of the most famous memecoins. Therefore, many people believe that Neiro can become the “descendant” inheriting the success of Dogecoin.
However, Neiro has many versions, causing debate within the community about the authentic version.
The two prominent versions are First Neiro On Ethereum (NEIRO) and Neiro Ethereum (NEIROETH). Both are listed on Binance, but NEIRO trades on the spot market, while NEIROETH is only available on Binance Future.
To clearly distinguish, let's go over a few differences between them:
First Neiro On Ethereum (NEIRO): The first Neiro memecoin on Ethereum, once airdropped 4% of the total supply to Vitalik Buterin, who later sold it for charity. Before being listed on Binance Spot, its market cap was around 8 million USD, but after the listing, it skyrocketed to 130 million USD and the price increased more than 30 times in just a few days.
Neiro Ethereum (NEIROETH): Once leading in market capitalization among Neiro memecoins with 221 million USD, ranked 220 on CoinMarketCap, but now only around 85 million USD. NEIROETH is listed on Binance Future.
BabyDoge
Baby Doge Coin is a memecoin on the BNB Chain, inspired by Dogecoin and the Shiba Inu puppy symbol.
On September 16, 2024, Binance listed Baby Doge Coin, allowing trading from 5:00 PM (Vietnam time).
The project aims to raise community awareness about social responsibility, especially in caring for and protecting animals. The original ticker of Baby Doge Coin is BABYDOGE, but when listed on Binance, the ticker was changed to 1MBABYDOGE.
In 2021, attention from Elon Musk on the X platform significantly boosted growth, creating a FOMO effect within the community.
From July 1 to July 6, 2021, the market capitalization of Baby Doge Coin increased from 10 million USD to 70 million USD. After more than 3 years of development with many improvements and utilities, on September 16, 2024, Baby Doge Coin was listed on Binance, causing the token price to rise more than 80% shortly after.
DOGS
DOGS is the first dog-themed memecoin on a network quite unfamiliar to many people at that time - TON. The project once stirred the attention of the entire community when it conducted a large airdrop just 1 - 2 months after its appearance and launch, causing many people to not be able to "stand by" and jump into FOMO tokens as well as projects on the TON ecosystem.
Although currently, DOGS has appeared in many discussions within the community as the TON ecosystem of Telegram has somewhat "cooled down". However, its potential remains an unknown because it is the leading memecoin on TON and could very well explode when the TON system regains attention.
Currently, the price of DOGS is at $0.0007 and the market capitalization reached 384 million USD, according to data from Binance.
Conclusion
Although many new types of memecoins have emerged to compete for a share of the pie, such as ACT, PNUT,... However, these memecoins are still and will always hold a large market share of the memecoin market with growth potential that has never “cooled off”.