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While Shiba Inu (SHIB) remains the world’s second-largest meme coin, the market is always changing, and new tokens are constantly being launched.
As we head towards the mid-point of 2024, a fresh batch of meme coins is vying for attention.
For those seeking to diversify their portfolios, here are five Shiba Inu alternatives worth considering this year.
1. Dogeverse (DOGEVERSE)
Our list of potential SHIB alternatives kicks off with Dogeverse (DOGEVERSE), a project that’s making waves with its multi-chain approach.
Unlike most meme coins, which are confined to a single blockchain, DOGEVERSE exists on multiple networks, including Ethereum, Base, and Solana.
This cross-chain presence not only enhances accessibility but also allows Dogeverse to tap into the strengths of each blockchain.
For example, users could enjoy the scalability of Solana while benefiting from Ethereum’s huge DeFi ecosystem.
Yet Dogeverse also comes packed with other use cases.
These use cases include a staking protocol that rewards holders with attractive yields simply for locking up their tokens.
After raising over $13 million in presale funding, Dogeverse is preparing for its first DEX listing, meaning investors have one final opportunity to secure their DOGEVERSE tokens at a discount.
With its multi-chain capabilities, staking rewards, and fast-growing community, Dogeverse is undoubtedly a SHIB alternative that meme coin enthusiasts should consider.
2. WienerAI (WAI)
For those interested in memes and AI technology, WienerAI (WAI) might be a Shiba Inu alternative worth considering.
This project blends the world of dog memes with artificial intelligence, offering a trading bot that helps investors obtain an edge in the market.
WienerAI’s bot can understand natural language, so investors simply need to type in what sort of crypto asset they’re looking for, and the bot will scour the market instantly.
Not only does this dramatically reduce the time it takes investors to research buying opportunities, but it also provides something most meme coins don’t – real-world utility.
But WienerAI doesn’t stop there; it also has a staking protocol offering yields as high as 729% per year.
Since launching its presale last week, WienerAI has raked in over $1.3 million in early funding.
Thousands of people have also joined the project’s Telegram channel.
Overall, with its combination of AI utility and meme appeal, WAI could be another Shiba Inu alternative set for success.
3. Popcat (POPCAT)
Those seeking a more lighthearted alternative to SHIB may wish to check out Solana-based Popcat (POPCAT).
Drawing inspiration from the iconic internet meme of a cat with an exaggerated “O” mouth shape, this project has already caught the attention of the retail trading community.
Boasting a 100% community-owned model, zero taxes, and an immutable liquidity pool, Popcat’s creators are clearly focused on transparency.
This approach has helped POPCAT soar over 2,700% since the end of 2023.
With POPCAT now listed on several top-tier CEXs and potentially more listings in the pipeline, it’s the perfect project for anyone looking to add some fun to their portfolio.
4. Pepe (PEPE)
Pepe (PEPE) needs no introduction since it’s currently the third-largest meme coin in the world by market cap.
It’s been over a year since PEPE burst onto the scene, and the token shows no signs of slowing down.
Based on the “Pepe the Frog” meme, this token has solidified itself as one of the most popular in the “degen” trading community.
PEPE has also transcended joke status by being listed on top exchanges like Binance and Coinbase International.
So, while it has no utility and relies purely on speculative momentum, PEPE has repeatedly shown it can beat the market in times of bullishness – making it a potential option ahead of Shiba Inu.
5. Coq Inu (COQ)
Coq Inu (COQ), a meme coin hosted on the Avalanche blockchain, is rounding out our list of potential Shiba Inu alternatives.
Built on friendship, memes, and humor, COQ is not just another meme coin – it’s a “way of life” for its community.
Coq Inu’s tokenomics setup highlights a fixed supply of 69.42 trillion COQ with no team allocations or taxes.
This decentralized approach has been one of the main reasons for COQ’s price growth in recent months.
Not only that, but a thriving ecosystem has sprung up around the token, including NFT collections and even real-world merchandise.
With traders becoming increasingly interested in meme tokens on non-Ethereum chains, Coq Inu has all the ingredients to become another crypto success story.
*Cryptonomist did not write the article or test the platform.