October Meme Coins to Watch: Dogwifhat’s Underdog Story and More!

October 5, 2024 at 02:45 AM GST

updated: October 5, 2024 at 01:20 AM

2 mins read

News

PEPE's market cap peaked at over $5.83 billion, with a recent 15.95% increase signaling renewed investor confidence.

Shiba Inu has evolved from a playful token to a robust cryptocurrency backed by a passionate community, the “Shib Army.”

Dogwifhat leverages community engagement and innovative tokenomics to position itself as a promising underdog in the meme coin market.

Meme Coins

Meme coins are making waves in October, with tokens like PEPE and Dogwifhat capturing investor attention once again. From PEPE’s soaring market predictions to Shiba Inu’s thriving community, the excitement is palpable. As new contenders rise and established players evolve, the meme coin space is brimming with potential for growth and innovation.

Pepe (PEPE) Market Predictions Fuel Enthusiasm

Current price: $0.000011
Market cap: $4.62B

Crypto analyst CryptoZeus has made bold predictions regarding PEPE’s potential growth. If Bitcoin reaches the anticipated price of $350,000, PEPE's market cap could soar to $15 billion. Such forecasts have sparked further investor interest, contributing to the momentum surrounding PEPE. The combination of a positive outlook and community engagement drives a revival of excitement among its supporters.

Shiba Inu (SHIB) Market Effect

Current price: $0.00001834
Market cap: $10.81B

Shiba Inu (SHIB) doesn't plan on riding the coattails of Dogecoin. Released in August 2020, SHIB has become a fully-fledged cryptocurrency niche championed by an army of ‘soldiers’ referred to as the "Shib Army." The massive supply of the token and emerging platforms like ShibaSwap bolster its efforts to summon tenacity of progressiveness away from meme culture. Prices move due to the strength and zeal of the loyal community.

Dogecoin (DOGE): Lasting Appeal

Current price: $0.1194
Market cap: $17.4B

Cryptocurrency suction into focusing on the doge structure started probably with Dogecoin (DOGE) in 2013. Considering its friendly Shiba Inu emblem, the coin has gathered people this time around advocating for selfless acts and comedy. The spirit of ‘Doge’ encourages people to participate in more activities such as charity and other social media trends, which gain publicity quickly. Even factors such as celebrity endorsements such as Musk’s still help Dogecoin acquire more media attention and opportunities. This unique combination of affection and blitheness makes Dogecoin potent in cryptocurrencies.

Dogwifhat (WIF): An Underdog Rise

Current price: $2.46
Market cap: $2.4B

Dogwifhat (WIF) has emerged as an intriguing contender in the meme coin space. The project draws inspiration from Dogecoin while fostering a community-driven approach. Its innovative tokenomics aim to reward loyal holders and enhance the project’s sustainability. As Dogwifhat explores partnerships and initiatives, its engaging community spirit reflects the creativity and dynamism present in the cryptocurrency market. The underdog’s potential for growth offers an exciting opportunity for investors seeking to explore new avenues in the meme coin arena.

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