The meme coin industry is expanding rapidly. Below are 5 crypto assets Shiba Inu It could have impressive growth potential, challenging ‘s dominance in the market.
By considering these options, investors can adopt the goal of potentially increasing their portfolio to $1 million by the end of 2024.
Floki (FLOKI)
Originally emerged as a meme coin Floki (FLOKI) has now become a major force in the Web3 environment. Floki has earned the moniker “The People’s Crypto” by integrating elements such as Metaverse, decentralized finance (DeFi), and non-fungible tokens (NFTs). This combination of meme appeal and practical utility makes Floki unique in the cryptocurrency industry.
Floki is accessible on both Binance Smart Chain (BSC) and Ethereum. Therefore, Floki is available in both BEP-20 (BSC-based) and ERC-20 (Ethereum-based) token formats.
At the time of reporting, Floki’s price is trading at $0.00017437. Additionally, it has experienced a modest increase of 0.38% in the last 24 hours. The previous week recorded a significant increase in value of 17%. In this context, the meme has been positioned as a notable rival to the Shiba Inu among coins.
This increase was attributed to a reversal of the rise, which highlighted the potential for investors to significantly improve their investment portfolios in 2024.
Dogwifhat (WIF)
Meme token on the Solana network dogwifhat (WIF) is quickly becoming a notable cryptocurrency. Currently with a market cap of approximately $2.93 billion, WIF is ranked 40th in the global crypto rankings. WIF is now seen as a direct competitor in the meme coin space like Shiba Inu. In this context, investors have the potential to take their portfolios to new heights in 2024.
Dogwifhat (WIF) is registering a strong rise of over 25% on a monthly basis, despite falling close to 5% in the last 24 hours. WIF price is currently hovering around $2.94, reflecting a solid stance in the market.
CorgiAI (CORGIAI)
CorgiAI (CORGIAI) has emerged as a formidable presence in the AI sector, driven by a strong community-led initiative. This token has witnessed an impressive 600% increase in its market value in the past year. The recently released Corgi Cre8r tool, which facilitates the creation of text-to-image NFTs, exemplifies the innovative steps taken by CorgiAI.
The price of CorgiAI, which is traded at $0.001819, dropped 1% in the past day. However, its significant year-on-year growth underlines its potential as a strong investment, especially among Shiba Inu-like meme coins targeting significant portfolio impacts through 2024.
Brett (BRETT)
Brett (BRETT), a meme coin derived from a character in the “Boy’s Club” comic strip, quickly caught the attention of the crypto community with its affinity for gaming. Brett aims to overshadow the popular PEPE meme coin by continuing to introduce new projects since its launch on the BASE blockchain.
Currently, Brett’s circulating supply is set at 10 billion tokens and its market cap is around $583 million. Its value increased by 141% last month, representing a strong year-to-date increase of 76%. These statistics show that investor interest in this emerging altcoin is increasing. Currently, Brett’s price is $0.06787, down 5% in the last 24 hours.
Degen (DEGEN)
Degen (DEGEN) token, which emerged as a reward for users of the Farcaster Degen channel, has developed a strong community. This group includes developers, content creators, and crypto enthusiasts. Degen’s current price stands at $0.033428 despite a 8.17% drop in the last 24 hours.
With a market value of $473 million and ranked 220th on CoinMarketCap, Degen’s appeal continues to grow. Its circulating supply has reached 14 billion. Especially DEGEN gained 109% value last month meme coin It has positioned itself as a formidable rival to the Shiba Inu in the arena. In this context, it has the potential to significantly increase investor portfolios by 2024.
