Dogecoin (DOGE), a parody of Bitcoin, may have started the meme coin trend. However, the ‘horn passes through the ear’ has also applied to it, and meme coins that imitate it have outstripped the original. We took a look at the top 5 meme coins that outperformed Dogecoin in 2023.
Even though they start out as a joke, investors prefer it!
Dogecoin, the original meme coin that emerged as a parody of Bitcoin, is the highest-capitalized meme cryptocurrency on the market. At press time, DOGE was up about 3% in a month, down about 15.85% in the previous seven days. However, there are imitations that have outperformed Dogecoin since the beginning of 2023.
Meme coins are usually priced in cents per token. This means that investors can purchase a significant number of tokens at affordable prices. Therefore, they take their place among the bets of most traders. Now, let’s look at the top 5 meme coin projects outperforming DOGE in 2023.
Meme coin projects that surpass DOGE
Baby Doge Coin (BABYDOGE)
cryptocoin.comAs you follow, Baby Doge Coin entered the market in 2021 after the popularity of the original increased. The project is based on BNB Chain and represents a new step towards public engagement and memes. The current price of the Baby Doge Coin token is $0.00000003407 with a one-day trading volume of approximately $25 million. Meme coin has gained around 13.89% in the last 24 hours and over 220% in a month. So he managed to reach the moon instead of DOGE!
Floki Inu (FLOKI)
Floki Inu is a cryptocurrency coined by fans and members of the Shiba Inu community. The meme coin managed to rise despite the highly volatile bear market. FLOKI is currently trading around $0.00002346 with a 24-hour trading volume of $26.8 million. In addition, the token saw an increase of approximately 10.54% in a day and 178.16% in a month.
Shiba Inu (SHIB)
Shiba Inu is the second meme coin to face a lot of resistance. But in 2021, SHIB witnessed tremendous growth and became Dogecoin’s biggest competitor. At press time, SHIB is trading around $0.00001272 with daily trading volume of approximately $474 million. SHIB has gained approximately 2.47% in the last 24 hours. In addition, the token has increased by 39.09% in one month. The difference is obvious when compared to DOGE.
Bone ShibaSwap (BONE)
BONE is a governance token of the Shibaswap ecosystem designed to fit perfectly between the previous two in terms of circulating supply. The token is currently trading at $1.52 with a daily trading volume of around $10 million. The meme coin has gained around 5.52% on the day and around 30.38% in the last 30 days.
Dogelon Mars (ELON)
Dogelon Mars is a cryptocurrency that follows the example of other successful dog-themed meme coins. For those who know Dogecoin fan Elon Musk, ELON probably sounds a little familiar. At press time, ELON is trading around $0.0000003714 with a one-day trading volume of about $3.9 million. The altcoin is up about 4.06% in the last 24 hours. It also witnessed a surprising rise of 24.82% in the last month.
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