{"id":212746,"date":"2024-04-03T14:05:43","date_gmt":"2024-04-03T14:05:43","guid":{"rendered":"https:\/\/www.techopedia.com\/?page_id=212746"},"modified":"2024-12-23T14:43:39","modified_gmt":"2024-12-23T14:43:39","slug":"best-dog-meme-coins","status":"publish","type":"page","link":"https:\/\/www.techopedia.com\/cryptocurrency\/best-dog-meme-coins","title":{"rendered":"9 Best Dog Meme Coins to Buy for 2025"},"content":{"rendered":"

Some of the most recognized meme coins are based on dogs, with Dogecoin, Shiba Inu, and dogwifhat all carrying multi-billion dollar valuations. But what are the best dog meme coins<\/strong> to buy right now?<\/p>\n

Read on, we discuss 10 dog-themed cryptocurrencies that could blow up in 2025. Discover the next 100x gem as we approach altcoin season.<\/p>\n

\n

List of the Best Dog Meme Coins to Invest in Now<\/span><\/h2>\n

According to cryptocurrency analysts, the best dog meme coins to buy are listed below:<\/p>\n

    \n
  1. Dogecoin<\/strong><\/a> – The original dog-themed coin, trading at a 45% discount from ATHs<\/li>\n
  2. Dogwifhat<\/strong><\/a> – Trending Solana meme coin, gains of over 1,500% since December 2023<\/li>\n
  3. Shiba Inu<\/strong><\/a> – Large-cap meme coin with use cases, including staking and metaverse land<\/li>\n
  4. Myro<\/strong><\/a> – SOL-based meme project inspired by Solana co-founder’s pet dog<\/li>\n
  5. Floki<\/strong><\/a> – Resurrected from the prior bull cycle, one-year recovery of 481%<\/li>\n
  6. Bonk<\/strong><\/a> – Airdropped dog token on Solana, 38,000% growth since inception<\/li>\n
  7. Byte<\/strong><\/a> – One of the first dog-themed tokens on the Base network<\/li>\n
  8. Baby Doge Coin<\/strong><\/a> – Active meme community with over 2.5 million followers<\/li>\n
  9. Doginme<\/strong><\/a> – Small-cap Base meme with solid tokenomics and a 50% ATH discount<\/li>\n<\/ol>\n<\/div><\/div>\n

    The Top Dog Meme Coins: Our Analysis<\/span><\/h2>\n

    We’ll now discuss the dog-themed meme coins listed above. You’ll understand the key metrics of each project, such as market capitalization, price action, and tokenomics.<\/p>\n

    Read on to choose the right dog meme coin for your altcoin portfolio.<\/p>\n

    1.\u00a0Dogecoin – The Original Dog-Themed Coin, Trading at a 45% Discount From ATHs <\/strong><\/h3>\n

    Dogecoin needs no introduction. It’s the original dog-themed meme coin and remains the largest by market capitalization. Dogecoin also boasts significantly more holders than any other meme coin. In terms of valuation, Dogecoin currently has a market capitalization of over $59 billion.<\/p>\n

    In addition, the Dogecoin price sits 45% below all-time highs. This offers an attractive entry price for new investors. Or those looking to dollar-cost average their cost basis.<\/p>\n

    \"Best<\/p>\n

    That said, the upside potential is considerably lower when compared to small-cap coins. Nonetheless, Dogecoin offers benefits that can’t be rivaled by new market entrants, such as its unofficial collaboration with Elon Musk. Not to mention tier-one exchange listings and substantial trading volumes. Investors will also be looking forward to Doge Day, which could spark the next bull run.<\/p>\n

    2. Dogwifhat – Trending Solana Meme Coin, Gains of Over 1,500% Since December 2023<\/strong><\/h3>\n

    Dogwifhat is one of the greatest success stories in the meme coin space<\/a>.\u00a0Considered one of the best Solana meme coins<\/a>, Dogwifhat was launched in late 2023. It has no use cases or utility, which isn’t unusual for a meme coin.<\/p>\n

    In fact, the dogwifhat website states that the project is “literally just a dog wif a hat<\/em>“<\/a>. Nonetheless, meme coin investors can’t get enough of WIF tokens.<\/p>\n

    According to CoinMarketCap data, dogwifhat was initially priced at $0.1742<\/a>. Today, dogwifhat trades at $2.71 – meaning the project has increased by over 1,500%. This price point is 43% below its all-time high of $4.85. This valued dogwifhat at over $2.7 billion.<\/p>\n

    \"Best<\/p>\n

    While dogwifhat’s large-cap valuation might put some investors off, it still has plenty of upside. Even at 10x, dogwifhat would be worth almost half of Dogecoin when it peaked in 2021. What’s more, dogwifhat has a huge community that continues to grow. This includes over 74,000 followers on X and 21,000 Telegram members.<\/p>\n

    3. Shiba Inu – Large-Cap Meme Coin With Use Cases, Including Staking and Metaverse Land<\/strong><\/h3>\n

    Shiba Inu is the second-largest meme coin by market capitalization. It launched in 2020 as a potential ‘Dogecoin Killer’. Shiba Inu briefly achieved this goal in November 2021, just at the peak of the prior bull cycle. Early investors of the Shiba Inu project have made substantial gains. According to CoinMarketCap data, Shiba Inu has increased by almost 2 million percent.<\/p>\n

    The true figure could be much higher, considering Shiba Inu was trading before its CoinMarketCap listing. In more recent times, Shiba Inu is up 136% in the prior year. Based on current prices, Shiba Inu trades nearly 70% below all-time highs. This offers a great entry for new investors. In addition, Shiba Inu is arguably one of the best-run dog meme coins.<\/p>\n

    \"Best<\/p>\n

    Ensuring long-term appreciation, Shiba Inu has built an entire ecosystem – Shibarium. This offers plenty of use cases for SHIB holders, such as staking rewards and the ability to invest in metaverse land. The Shiba Inu team regularly burns tokens too, meaning SHIB is a deflationary project.<\/p>\n

    4. Myro – SOL-Based Meme Project Inspired by Solana co-Founder’s Pet Dog\u00a0<\/strong><\/h3>\n

    Myro also aims to be one of the best meme coins<\/a> on the Solana network. In a nutshell, Myro is based on Raj Gokal\u2019s pet dog, the co-founder of Solana. Although Myro hasn’t quite hit the heights of dogwifhat, it has produced unprecedented gains since launching in November 2023. According to CoinMarketCap data, Myro was initially priced at $0.004163<\/a>.<\/p>\n

    Today, Myro trades at over $0.91. This represents growth of over 4500%. Put otherwise, had you invested $1,000 at launch, your Myro portfolio would be worth over $45,000. Not only that but Myro is currently trading 79% below its all-time high.<\/p>\n

    \"Best<\/p>\n

    Like many dog meme coins on this list, you can enter the market at a huge discount. The Myro team is building use cases for token holders. This includes a social-fi mobile app for the Solana phone. This will enable users to sell images and other media files. Another benefit is that of the 1 billion supply, over 94% is already in circulation.<\/p>\n

    5. Floki – Resurrected From the Prior Bull Cycle, One-Year Recovery of 481% <\/strong><\/h3>\n

    Dubbed the ‘People’s Crypto’, Floki is also one of the best dog meme coins to consider today. Floki is proof that long-term holders always outperform short-term speculators. After going on a prolonged bull run in 2021, Floki lost more than 90% of its value.<\/p>\n

    In the prior 12 months alone, Floki has increased by over 500%. When compared to its original listing price, Floki has grown by more than 5,700%. Once again, this highlights that buying dog meme coins early can produce the greatest returns.<\/p>\n

    \"Best<\/p>\n

    At over 9.6 trillion tokens, Floki has one of the largest supplies in the meme coin space. That said, the vast majority of tokens are already in circulation. What’s more, Floki has been building use cases for its tokens since its inception. It now has an extensive ecosystem with staking tools, play-to-earn games, and an NFT metaverse.<\/p>\n

    6. Bonk – Airdropped Dog Token on Solana, 38,000% Growth Since Inception<\/strong><\/h3>\n

    Bonk is another Solana-based dog token to keep an eye on. Launched in December 2022, Bonk initially began as an airdrop project. It sent free BONK tokens to wallet addresses that had previously engaged with the Solana ecosystem.<\/p>\n

    Naturally, the Bonk price initially capitulated, with many airdrop receivers selling their tokens. However, investors have since bought into the project. According to CoinMarketCap, Bonk has increased by over 38,000% since it was launched. On a 12-month basis, Bonk is up more than 50%.<\/p>\n

    \"Best<\/p>\n

    Not only that but today, Bonk trades at a 40% discount from all-time highs. In terms of valuation, Bonk has a market capitalization of $2.69 billion. However, just under 70% of tokens are in circulation, so the fully diluted valuation is higher at $2.1 billion. Nonetheless, this offers plenty of room for growth, especially for those entering at current prices.<\/p>\n

    7. Byte – One of the First Dog-Themed Tokens on the Base Network<\/strong><\/h3>\n

    Byte is one of the best dog meme coins if you’re looking for exposure to the Base network. If you’ve missed the narrative, Base is attracting a lot of interest from investors. It’s a layer 2 solution for the Ethereum blockchain, backed by the Coinbase exchange. Therefore, meme coins like Byte have access to a huge marketplace.<\/p>\n

    Byte claims to be Elon Musk’s AI dog. The name was suggested by Grok, Musk’s AI chatbot that aims to rival ChatGPT.\u00a0 As per CoinMarketCap data, Byte was launched in December 2023<\/a>. It was originally priced at $0.000002499. Byte has since enjoyed an upward trend, increasing by over 364%.<\/p>\n

    \"Best<\/p>\n

    Due to a broader market selloff, Byte is now trading 80% below its all-time high. Byte is also one of the best options if you’re looking for a micro-cap dog token. It currently has a market capitalization of just over $12.2 million. What’s more, Byte has solid tokenomics, with over 96% of the supply already in circulation.<\/p>\n

    8. Baby Doge Coin – Active Meme Community With Over 2.5 Million followers\u00a0<\/strong><\/h3>\n

    Babe Doge Coin has one of the largest communities in the meme space. It has over 2.5 million followers across all of its socials. This includes more than 2.1 million followers on X. The project also has more than 15,000 unique token holders. Baby Doge Coin has a 10% tax attached to all buy and sell transactions.<\/p>\n

    While this might be unpopular with some traders, half of the collected tax is redistributed to existing token holders. While the other half is added to the liquidity pool. This helps keep the project sustainable over time. In addition, Baby Doge Coin is a deflationary meme coin.<\/p>\n

    \"Best<\/p>\n

    To date, 50% of the BabyDoge supply has been burned. Investors will be hoping more burns are on the horizon. This can increase token holder value and encourage new investors to enter the market. Baby Doge Coin has a market capitalization of $663 million. Although Babe Doge Coin is up 61% in the prior month, 154% on a 12-month basis.<\/p>\n

    9. Doginme – Small-Cap Base Meme With Solid Tokenomics and a 50% ATH Discount <\/strong><\/h3>\n

    Doginme is the last dog meme coin on this list. This is another Base meme coin that has the potential to explode. While it doesn’t have any use cases, Doginme has solid tokenomics. For a start, there are no trading taxes, which will appeal to short-term speculators.<\/p>\n

    We can also confirm that doginme’s smart contract has been renounced. This ensures that smart contract changes cannot be made by the project developer. Traders will also like that doginme has locked its liquidity pool. This currently stands at $2.9 million, which offers smooth trading conditions for buyers and sellers.<\/p>\n

    \"Best<\/p>\n

    What’s more, the vast majority of DOGINME tokens have already been issued. Doginme was launched in February 2024, so this is one of the newest dog meme coins to buy. The fully diluted market capitalization is also attractive, currently at just $33.6 million.<\/p>\n

    Tips on Choosing the Best Dog Meme Coins for Your Portfolio<\/span><\/h2>\n

    Now that we’ve revealed the best dog meme coins to buy, let’s explore how to build a profitable portfolio. We’ll explain what seasoned investors look for when choosing dog coins.<\/p>\n

    Strong Tokenomics<\/strong><\/h3>\n

    Meme coin investors should always research the tokenomics before investing. This is especially the case when investing in small-cap projects, or those with a limited track record.<\/p>\n

    First, you’ll want to ensure the smart contract has been audited. There should be no contract vulnerabilities or flaws. If it’s a new doge meme coin you’re buying, ensure the contract has been renounced. This will prevent the developer from making changes to the contract.<\/p>\n

    \"PlayDoge<\/p>\n

    The token supply should also be considered. For example, you’ll want to know what percentage of tokens are in circulation. The higher the percentage, the better. This reduces the risk of too many new tokens entering the market.<\/p>\n

    You should also check whether a transaction tax is levied on buy and sell orders. Most meme coin investors prefer tax-free tokens, as they can freely enter and exit the market. That said, tax can also help new meme coin projects raise capital for marketing and liquidity.<\/p>\n

    Market Capitalization<\/strong><\/h3>\n

    The market capitalization is also one of the first things that dog meme coin investors look at. This determines the upside potential. For example, Dogecoin, Shiba Inu, and dogwifhat are already worth several billion dollars. This means achieving returns of 100x is unlikely.<\/p>\n