Can Meme Coins still Catch Up With The Likes of Doge and Shib?

[VicManton]

Let's be real, who doesn't love a good meme coin story? I mean, we've seen those goofy tokens turn into serious cash – remember how everyone laughed at DOGE and SHIB? Now, those early buyers are probably sipping cocktails on a yacht somewhere.

Point is, there's always that underdog meme coin lurking, waiting to blow up. It might seem like a gamble, but that's half the fun, right?  I stumbled across this KATT DADDY on bitget's PoolX- A wealth creation avenue imo (you can farm tokens for free & earn hourly). KATT's got that classic meme energy – edgy, a little rebellious, kinda pokes fun at the whole crypto scene.

Now, I'm not saying this is the next Shiba Inu, but who knows? With the right activities and a bit of luck, these things can moon. Plus, looking at their setup, they seem to have thought about the tokenomics and stuff, not just a quick cash grab.

Anyone else digging into the meme coin scene lately?  What hidden gems have you found?

[adaseb]

Generally memecoins tend to pump like crazy before and during a bull market. Right now the market looks like it might of topped. Bitcoin currently is testing $60k and it looks like it might break.

In a bear market or sideways markets the memecoins can pump but it won’t be to a billion market cap. It’s really tough making money in a bear market.

[wheelz1200]

Right now I don't think it's possible reason being is there are so many of these projects coming out.  The money is spread too thin and everyone thinks their bag is gonna pump.  Doge came up big and shib too because there were only a couple memecoins at the time.  Now there are coming out in the thousands.  That ship has sailed.  Next bull run a new fad will probably emerge and everyone will drops these like they should be.

[Mate2237]

Dogecoin was doing well and trending in 2022 and in the year 2023 till now the coins is not like before again and it's like silent graveyard. Though at the long run it will still increase again. But at the moment the altcoins market is not favourable. And Dogecoin is one of the early coins that supposed do well in the ecosystem but New coins tht came recently is overtaken it. And for the Shib, it is also doing well because I checked the current market price of the coin, id it better than some projects that are in the ecosystem.

For a cryptocurrency project to survive in the space is not easy. And the first thing to do is to pull crowd first before any other things. Because it is the crowd that will be investing in the project to make it popular.

[albon]

I do not think that finding the meme coins that will replicate the successes of Doge and SHIB requires a little luck. You are like someone looking for a needle in a stack of hay because the market is crowded with newly created meme coins, some of which may be listed on MEXC, Bitget, and GaitIo. These listings are done with the project team paying fees to the CEX platforms. These listed meme coins may not have sufficient trading liquidity or catch the attention of investors and traders.

As for farming, KATT on Bitget's PoolX will only be for ten days, and I do not think anyone can create wealth through this promotion if he does not own a large amount of USDT or BGB. If the KAT coin doesn't achieve good prices after listing, the promotional offer may not be beneficial. Regarding your last question, OP, I don't think anyone can predict the future accurately. Recommendations for a certain coin could be a trap, and searching for gems requires a lot of strategies and experience. Therefore, delving into the meme sector isn't easy.

[kentrolla]

Agreed with how you have described the success of Doge and Shib but still I don't buy this because we are only looking at success of early adopters and there were thousands who lost money of same coins and it's nearly impossible task to choose from hundreds of memecoins as we are not sure which one will skyrocket but there would surely be memecoins which may have highest profit during bullrun but identifying them is a tough job and people will possibly end up losing more and I don't want to go ahead with any suggested projects but rather would do my own research.

[Slow death]

Let's be real, who doesn't love a good meme coin story?

definitely in my case I don't like meme coins, I remember very well that in the past I only used doge coin because it was easier for me to claim it on the faucets and then I would exchange it for bitcoin. but since doge coin started to be used as a pump and dump altcoin and then a certain billionaire appeared talking a lot about doge coin and a lot of meaningless meme altcoins started to appear, I stopped using doge coin because I didn't want to stay losing money and participating in the ridiculous scheme that I was seeing, I read all kinds of nonsense on social media coming from supporters of Doge and these other altcoins with meaningless memes, enough of them saying that Bitcoin was dead due to the high transaction fees and that people should use doge coin, great nonsense

Anyone else digging into the meme coin scene lately?  What hidden gems have you found?

as I don't like meme altcoins, that's why I don't follow the new meme altcoins, but it's really funny that even though I don't even follow meme coins, when I go to a news site about cryptocurrencies, I see some sponsored article and I see that it is an article about some meme coin, I immediately laugh. The level of marketing that these meme coin owners have done makes it look like I'm seeing some hyip ponzi site advertising. I hope people don't lose money on these altcoins

[btc78]

Now, I'm not saying this is the next Shiba Inu, but who knows? With the right activities and a bit of luck, these things can moon. Plus, looking at their setup, they seem to have thought about the tokenomics and stuff, not just a quick cash grab.

At this time it is extremely important that a project actually puts a thought or two into their long-term plans. A lot of memecoins can easily give you profit but it wouldn’t last long and if you aren’t quick enough you are bound to get stuck in the middle of it all.

Anyone else digging into the meme coin scene lately?  What hidden gems have you found?

It’s honestly hard to say just out of speculation which could rise up to the likes of doge and shiba. I mean for all we know it has not even been released yet. With how memecoins operate, I wouldn’t be surprised if one comes out to be successful however the question would be can the project maintain momentum?

[Volimack]

As far as I understand the altcoin market is not in everyone's favor at the moment memecoins will be at risk. You cannot say with certainty that these currencies will go up in value. It used to be good now their prices have reduced a lot. Investing in Memecoin can sometimes not be a good idea as it is a coin that can be lost in a short period of time. Because memecoins rely heavily on publicity. When the hype dies down so does the price of the token especially since many memecoins lack practical use cases.

[mich]

Well no I do not think these other meme coins will be like Doge and Shib. Those are the 2 biggest meme coins with marketcap, Doge $18 Billion and Shib is $12.5 Billion.

The next meme coin for the marketcap is Pepe. But this is still only marketcap of $2.6 Billion. We will need to see a real different meme coin if it will have more marketcap then Doge and Shib.

[Silberman]

Let's be real, who doesn't love a good meme coin story? I mean, we've seen those goofy tokens turn into serious cash – remember how everyone laughed at DOGE and SHIB? Now, those early buyers are probably sipping cocktails on a yacht somewhere.

Point is, there's always that underdog meme coin lurking, waiting to blow up. It might seem like a gamble, but that's half the fun, right?  I stumbled across this KATT DADDY on bitget's PoolX- A wealth creation avenue imo (you can farm tokens for free & earn hourly). KATT's got that classic meme energy – edgy, a little rebellious, kinda pokes fun at the whole crypto scene.

Now, I'm not saying this is the next Shiba Inu, but who knows? With the right activities and a bit of luck, these things can moon. Plus, looking at their setup, they seem to have thought about the tokenomics and stuff, not just a quick cash grab.

Anyone else digging into the meme coin scene lately?  What hidden gems have you found?

Meme coins do not seem like a gamble, meme coins are a gamble, a gamble you are way more likely to lose than to win, if you are willing to take it then be my guest, but chances are low you will succeed, and the reason is simple, just as you have noticed that both doge and shiba got amazing success, the same is true for other investors and scammers, so now there are too many meme coins on the market fighting for the attention of a dwindling fan base, so I doubt any new meme coin can reach the same kind of success those two coins reached.

[poodle63]

depends on the meme coin lately from my observation its always meme coin with no allocation for insiders that always making it to big market cap valuation, i think people have learnt not to invest into meme coin where the devs might have the ability to dump, so that is prequisite, since people always looking for a fair game otherwise they won't play and thinks the whole mechanism is rigged when there's the team or whatever it is got the big chunk of reserve allocation.
newest meme coin always being judged heavily before community actually have the will to invest, thats why its so uncertain.
moreover, most of new meme coin that i've seen that got massive success got listed in biggest exchange out of the blue without any effort coming from team but due to the pure trading volume that it could brings.
thats most of the new meme coins nowadays, could be used as a sign to judge whether a new meme coin is deserving of a investment.

[Tipstar]

Dogecoin and Shiba Inu seem to have move ahead on their valuation leaving other meme coins behind. Doge about 18B and Shib at 12B. Dogecoin is the original meme coin and Shiba Inu was it's copy. Other memecoins seems to be much lower with PEPE and WIF at 2B and Bonk and Floki at 1B. Among them Bonk might have a great potential but PEPE and WIF are going to be here along it. I'm not much sure about Floki but the coins lower than them, BOME and MEW could do a x10 to come along prominent memecoins. The dominance of Dogecoin might remain for few more years but Shib would be soon caught up by other coins.

[DeathAngel]

I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

[Reatim]

There are probably hundreds of memecoins circulating out there right now and we only have really at least top 5 maybe ten if you want to push it that we can call profitable or at least a valuable coin to hold. Even if it means not holding for long.

I have no doubts that more memecoins will be released this year but will one really enough to follow up on the success of their predecessors? Memecoins are trying to break the useless stereotype and lean more on to functional coins so we shall see how the scene of memecoins shift.

[SeriouslyGiveaway]

With the current position and marketcap of Doge and Shib, I don't think they are considered Memes anymore. But they are always the symbol of Meme coins. It is the success of Meme coins along with life-changing stories thanks to them in the previous cycle that has attracted many new people to this market through meme coins. They have become an indispensable trend in this market, and the proof is that from the beginning of the growth season until now, memes are one of the strongest growing trends.

There will be new memes that can catch up with the success of Doge and Shib similar to last season, such as Pepe or Bonk. The flow of money into the market in this cycle will certainly be huge, so the growth rate of meme coins will certainly be crazier than previous seasons. Most new people learn about this market through news about Bitcoin, but the coins they buy to seek the most profit are meme coins. The capitalization of new meme coins may not be able to keep up with Doge and Shib at the moment, but profit growth will likely be even crazier than them this cycle. But to me, meme coins are only suitable for lottery, not suitable for investment.

[Bournesparks]

Right now I don't think it's possible reason being is there are so many of these projects coming out.  The money is spread too thin and everyone thinks their bag is gonna pump.  Doge came up big and shib too because there were only a couple memecoins at the time.  Now there are coming out in the thousands.  That ship has sailed.  Next bull run a new fad will probably emerge and everyone will drops these like they should be.

It's fierce out there but I think once you can spot a good meme, it might make your bull run experience & probably add spice to it because of the potential ROI it'll give.. op's right though, been mining KATT hourly on PoolX, let's hope I get something tangible before it expires in 8days

[hugeblack]

The strategy you follow depends entirely on luck, but you cannot achieve wealth by luck. Since obtaining these tokens for free, there will be a large supply and therefore real investments are needed for the price to move higher. In the case of Doge, it was the meme’s tweets that made investors pump money, and thus the price rose, but it did not rise to be a single dollar price. This is an exceptional case, but normal cases confirm that meme coins do not achieve wealth.

[Kelward]

I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

A new memecoin can possibly emerge and catch up or even top doge and Shiba Inu, but the problem is that so far none has stepped up yet for the challenge, leaving this two at the top of the meme ranking. The problem with memecoins is that there are too many of them and most of them are scams, making it hard to pick the ones that can last as these top memes.

The memecoin that's mentioned in the OP might be the next shib, we'll never know, just like many others that are in the memecoins category, so it's for every investor to do their research and take their chances on the ones that they choose, because they're risky. Remember to invest the amount that you can afford to loose.

[Bureau]

I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

A new memecoin can possibly emerge and catch up or even top doge and Shiba Inu, but the problem is that so far none has stepped up yet for the challenge, leaving this two at the top of the meme ranking. The problem with memecoins is that there are too many of them and most of them are scams, making it hard to pick the ones that can last as these top memes.

I doubt a new meme coin can suddenly take the position of the top two Doge & Shib. The third and fourth meme coin according to market capitalisation is PEPE & Dogwifhat. If any meme coin that can overtake Doge or Shib will be either PEPE or Dogwifhat. The possibility of a new coin going on the top is a vague assumption to me.