Since its humble beginnings, SHIB has risen to become one of the most well-known cryptocurrencies and a direct competitor to DOGE, the dog meme digital asset often touted by Tesla (NASDAQ: TSLA) and Twitter (NYSE: TWTR) CEO Elon Musk.
However, several crypto assets have stood out as potential competitors to these more famous memecoins. These options demonstrate the capacity to witness massive growth in 2023 and perhaps even claim the memecoin leadership positions from Shiba Inu and Dogecoin. Lets look at 5 memecoins with potential for massive growth in 2023.
Floki (FLOKI) has grabbed the public’s attention after soaring almost 40% in a day thanks to the deployment of staking on the platform’s testnet, as well as its listing on Binance.US, the American branch of the crypto trading platform Binance. More recently, Floki has become the first meme crypto to receive a prestigious golden checkmark on its Twitter account.
At press time, the price of Floki stood at $0.0000331, demonstrating a 5.5% decline in the last 24 hours but still recording gains of 15.36% across the previous seven days, as well as growing 6.99% on its monthly chart, as per the most recent data.
A recent successful launch of Tamadoge (TAMA) on the crypto exchange ByBit and the launch of its new ‘Tamadoge Run’ game are all part of the play-to-earn ecosystem’s expansion, which allows users to mint, breed, and battle their pet in the ‘Tamaverse,’ as well as climb leaderboards and earn rewards.
As things stand, the digital asset dubbed ‘the play-to-earn Dogecoin’ is trading at the price of $0.022, which is a decline of 5.27% on the day and 24.85% over the past week but an impressive climb of 122.97% in the last 30 days.
A new sensation on the crypto scene, Pepe (PEPE) has caught the public’s eye over its explosive success, which has already managed to turn at least two of its early investors into millionaires. Pepe owes its massive growth to the popularity of Pepe the Frog, a well-known character in online communities like MySpace, Gaia Online, 4chan, and Reddit.
At present, the price of Pepe is $0.000001056, gaining 94% on the day and a major increase of over 350% during the last 30 days, as per CoinMarketCap data retrieved by Finbold on May 1.
Baby Doge Coin (BABYDOGE)
Created as a fun and educational alternative to Dogecoin, the mission of Baby Doge Coin (BABYDOGE) is to teach beginners about blockchain and digital assets. Recently, BABYDOGE has hopped on the artificial intelligence (AI) train, announcing a partnership with text-based AI platform ChatGPT to work together on supporting the community knowledge base.
Meanwhile, Baby Dogecoin was at the time of publication changing hands at $0.000000002741, recording a drop of 3.8% in the past 24 hours and 11.07% during the previous week.
Dogelon Mars (ELON)
A meme crypto inspired by SpaceX founder Elon Musk and built on the Ethereum (ETH) blockchain, Dogelon Mars (ELON) also alludes to SpaceX’s Mars program to facilitate the colonization of the red planet. The asset heavily relies on its community, counting over 400,000 Twitter followers and more than 50,000 Telegram members actively involved in its development and promotion.
In the meantime, the price of Dogelon Mars amounts to $0.0000002544. This represents a 3.06% negative change on the day and 9.93% in the last week. However, the meme coin does have potential to skyrocket, as evidenced in mid-February when its price briefly reached $0.0000005097.
All things considered, these up-and-coming memecoins appear to have a strong chance of reaching the level of fame and progress currently experienced by SHIB and DOGE, or even taking them over on the cryptocurrency charts in 2023.
However, assets in the crypto sector often have a habit of surprising with their price movements. Additionally, new cryptos continue to emerge each day, which is why careful research and caution are necessary. We may see a completely surprising contender emerge to challenge the two top dogs.