New Delhi: Dogecoin, which got triggered after Elon Musk’s tweet, is the hottest meme cryptocurrency today. Analysts and market watchers believe that the digital currency has potential of hitting $ 1 in less than a year, a rare feat for newly launched cryptos.
However, not just Dogecoin, there are many cryptos which have strong resemblance with Dogecoin as they are dog-inspired but differ in property.
Below are dog-inspired meme cryptos
1) Shiba Inu Token
Dubbed as the “DOGE killer,” this token is viewed as the dog crypto alternative that is threatening Dogecoin’s dominance. Shiba Inu, created in August 2020 by Ryoshi, is a joke coin or meme coin which was launched as a rival to Dogecoin.
Shiba Inu Token is an Ethereum-based cryptocurrency that “allows users to hold billions or even trillions of them” due to its extremely low price, which is around $0.000009 at this time of writing. Currently, intense debate is on whether the meme coin will hit $ 1 value and by when.
2) Kishu Inu
Kishu Inu was launched in April 2021 as “a decentralized meme project with a true purpose.”
Like Shiba Inu, Kishu Inu is also powered by Ethereum and trading on Kishu Swap, which is powered by Uniswap. It is stored in the MetaMask wallet.
KISHU is a dog-based meme cryptocurrency that uses the Kishu Inu dog breed as its mascot, similar to how Dogecoin uses the Shiba Inu dog for its own branding.
Right now, KISHU is worth about $0.00000001, per InvestorPlace.com. The coin has jumped 100% in the last day.
3) Corgi Inu
Corgi Token is yet another dog-based meme coin, the mascot being the popular Corgi breed of dogs while “Inu” is the Japanese term for “dog”. The coin is a “decentralised community-based cryptocurrency” on the Ethereum blockchain system and has a trading value of $1,853,890. It was launched on May 19.
4) Dogey-Inu
Dogey-Inu is yet another meme crypto launched by a community of meme crypto lovers. Dogey-Inu has a 60 percent coin burn. Coin burning” is the process of removing the supply of a cryptocurrency in the market to retain value.
5) Red Shiba Token
Red Shiba Token is a charity-based token on the Binance Smart Chain. Here, the community developers have earmarked 1 token for a charity organization.
Red Shiba Token is available on PancakeSwap. Like Kishu Inu, the developers behind Red Shiba Token are also planning to make their foray into the NFT marketplace.
6) HotDoge
The cryptocurrency uses the play on the words ’hot dog’ and ‘doge’. The Binance Coin-based cryptocurrency is “100 percent community-run” and has a trading volume of $1,460,373. The coin was launched on May 20.
7) Husky Shiba Token
It is also a charity-driven community token and looks determined to go strong. Like Red Shiba, it is also built on the Binance Smart Chain.
Hope For Paws, an animal rescue shelter in Los Angeles, is one organization that has received donations from Husky Shiba Token. So, if you’d like to support a good cause, Husky Shiba is available for purchase at PancakeSwap.
8) Yuki Inu Token
Yuki Inu is the “happiest meme token” on the market. Launched in May 2021, it already burnt 10 percent of its own supply and “sent them to Japan”, so the doggos can rest in peace.
Yuki Inu boasts a unique system where it withdraws 20% of its liquidity for coin burning every day.
9) Dogeleon Mars
Dogelon claims that it is a “fair universal currency for the people,” and it is not a meme token like Dogecoin. The token also pledges to help victims of crypto scams by airdropping Dogelon coins.
It is built on Ethereum and it burnt 50 percent of its supply to Ethereum co-founder Vitalik Buterin to maintain value.
