Within the 2021 bull run, cryptocurrencies that performed on the canine theme dominated the market. It began on April 2nd, when Elon Musk tweeted “Dogecoin is likely to be my fav cryptocurrency. It’s fairly cool.” Within the weeks that adopted, Dogecoin – cryptocurrency’s authentic meme – skyrocketed from a meager $0.05 to a excessive of $0.75 on Might seventh. Meaning a DOGE holder who had $100 of Dogecoin on April 2nd would have had $1500 lower than a month later.
With the Tesla CEO incorporating DOGE into its accepted funds for merchandise gross sales and supercharging stations and suggesting that individuals who subscribe to Twitter Blue ought to have the ability to pay with Dogecoin, DOGE itself (roughly $0.08 on the time of writing) nonetheless has large upside potential. However many really feel as if they’ve missed out on the asset’s heyday. They’re in search of the subsequent 10,000x that solely comes from early adoption. These 5 dog-themed cash have the potential to do exactly that.
- Child Doge ($BABYDOGE) is a deflationary token designed to turn into extra scarce over time. They cost a 5% price for every sale of the asset and redistribute that price to Child Doge Coin holders – that means the longer you maintain, the extra you’ll be able to earn. It’s price noting that Musk himself tweeted about Child Doge on July 1st 2021. Presently, Child Doge sits at $263 million market cap.
- Dogelon Mars ($ELON) is a dog-themed mission that seeks to outpace Dogecoin’s success. As the web site says, “I’m Dogelon. Dogelon Mars. Be a part of me and collectively we’ll attain the celebs.” The web page refers to Musk’s imaginative and prescient of colonizing Mars – although the controversial billionaire has but to say the asset. ELON is at present ranked #126 on CoinMarketCap with a market cap of $267 million.
- Mini Doge ($MINIDOGE) began as a deflationary meme coin, however it’s since developed right into a Internet 3 ecosystem full with a play-to-earn journey sport that permits holders to earn NFTs and extra tokens as they go. Mini Doge has a market cap of solely $2.3 million.
- Pulse Doge Win ($PULSEDOGE) is a group meme token that was constructed on Binance Good Chain with the intent of bringing adoption to PulseChain – a brand new layer 1 blockchain set to launch later this yr. The web site claims that those that maintain PulseDoge on BSC on the time of PulseChain’s launch will obtain an equal 1:1 airdrop on PulseChain. Because of this in case you purchase the token now, you’ll get double in your cash. PulseDoge has a $7.5 million market cap.
- Dogechain ($DC) is an up-and-coming layer-1 blockchain designed to present DOGE extra DeFi utility. For a restricted period of time, $DOGE holders will have the ability to freeclaim $DC tokens after they bridge their DOGE over from centralized exchanges or different chains. Staking bridged $DOGE will yield $DC tokens over time, whereas staking $DC will permit customers to earn yield, prizes, rewards, and voting rights on the Doge DAO. Because of this shopping for $DOGE now might yield exponential positive aspects when $DC launches. Moreover, the DogeChain group has been conducting a grand-a-day giveaway for the whole month of Might. There are nonetheless just a few days left to get entangled.
2021’s epic bull run is over, however there will probably be one other bull market, and folks love their canines. Canine-themed tasks will proceed to dominate the memecoin house for the foreseeable future. Will you 1,000x?