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Cryptocurrency News Articles

Dogecoin Leads the Pack in Meme Cryptos Popularity

Feb 08, 2025 at 01:00 pm

Meme-based cryptos have built significant value because people find them amusing. Creators launch them for community development and their supporters

Dogecoin Leads the Pack in Meme Cryptos Popularity

Meme-based cryptocurrencies have garnered significant attention and value due to their amusing nature. Creators often launch these cryptos with the aim of fostering community development, and supporters of these projects maintain a keen interest in their performance.

Recent data analysis by Phoenix Group showcases the top meme projects based on social activity.

Dogecoin Leads the Pack in Meme Cryptos Popularity

Dogecoin stood out as the top meme project, registering 7.7 million social engagements and 31.1K active posts over 24 hours.

Its status as the leading meme coin was further cemented by the dedication of its community and the widespread support from influencers, particularly Elon Musk.

Trump Coin and Pepe Make Strong Impressions

Within the crypto market, DOGE took first place, while Trump Coin (TRUMP) emerged as the second most active meme crypto, boasting 6.2 million interactions and 24.1K engaged posts.

The crypto token TRUMP garnered support from enthusiasts due to its connection to US President Donald Trump and the growing interest in political cryptocurrency tokens.

The internet meme-based token Pepe (PEPE) took third place with 2.8 million interactions and 21K engaged posts.

Waves of publicity driven by NFT communities and meme lovers propelled the token's popularity. Despite fluctuating trading volumes, Pepe's continuous social engagement played a crucial role in maintaining its position among the top meme projects.

Shiba Inu and Bonk Secure Their Positions

Another dog-themed cryptocurrency, Shiba Inu (SHIB), ranked fourth with 2.1 million interactions and 14.2K engaged posts.

SHIB expanded its operations to include ShibaSwap, a centralized exchange, and planned new blockchain platforms for future development. The SHIB cryptocurrency remained a leader among meme coins despite failing to overtake Dogecoin.

The fifth ranking belonged to Bonk (BONK), which achieved 1.7 million interactions and 10.2K engaged posts, operating as a Solana-based meme token.

Its association with the Solana blockchain made the token attractive for users seeking meme cryptos with low fees and fast processing times.

The Rise of Pengu, Popcat, Floki, Toshi, and Dogs

Recent times have witnessed a surge in the social popularity of new meme cryptos, including Pengu (PENGU), Popcat (POPCAT), Floki, Toshi, and Dogs.

Pengu (PENGU) outpaced most major meme coins in terms of social media engagement, attracting 3.3 million interactions through its 5.6K engaged posts.

POPCAT delivered 2.8 million interactions while maintaining 5.3K engaged posts, using the popular Popcat meme as its basis.

The coin's approach to marketing, which involved a humorous and nostalgic angle, made it particularly popular among younger crypto enthusiasts.

The cryptocurrency Floki Inu (FLOKI) achieved 871.4K interactions through 4.9K engaged posts as its main metric.

Even if not at the top of the meme coin market Floki remained relevant due to its Viking branding and NFT-linked activities.

Toshi (TOSHI) obtained 1.1 million user engagements from 4.5K posts demonstrating its rising position in the meme cryptocurrency field.

Dogs (DOGS) took the bottom spot among meme tokens with 328.2K interactions of its 4.3K engaged posts, showcasing the potential for lesser-known meme tokens to find success in niche communities.

Meme Coins Continue to Dominate Social Trends

As highlighted by Phoenix Group and LunarCrush analytics, social activity emerged as a powerful force within the cryptocurrency market, particularly evident in the realm of meme coin investments.

Social trends had a substantial impact on the market value and adoption of meme cryptos, as meme culture had established itself as a primary driving force in digital finance.

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Other articles published on Feb 08, 2025