Some of the most successful meme coins are based on dogs, including Dogecoin, Shiba Inu, dogwifhat, and FLOKI. This niche marketplace has produced substantial gains in recent years, but it’s quickly becoming oversaturated.
Read on to discover dog meme coins with the biggest potential in 2024. I explore new and established projects with varying upsides and risks, ensuring there’s a meme coin to suit all investor profiles.
Top Dog Meme Coins to Buy
Consider the following dog meme coins when investing in this trending crypto narrative:
- Shiba Shootout – Overall Best Dog Meme Coin for High-Risk High-Return Investors
- Dogecoin – Largest Meme Coin by Market Cap Trading at an 85% Discount
- Dogwifhat – Popular Solana Meme Coin With YTD Growth of Over 900%
- Shiba Inu – The World’s Second Biggest Meme Coin Trading 83% Below ATHs
- First Neiro On Ethereum – Explosive Gains of 25,000% Since Launching in August 2024
- FLOKI – Top-Performing Dog-Themed Project With 1-Year Growth of 730%
- Bonk – Solana-Based Meme Coin Behind a Hugely Successful Airdrop Campaign
- DOGS – Trending Dog Coin on the TON Blockchain With 17 Million Telegram Subscribers
- Doge Eat Doge – Low-Cap Project Based on Dogechain With 53% Gains This Week
- Myro – Undervalued Meme Coin Based on Solana Co-Founder’s Pet Dog
A Closer Look at the Top Dog Meme Coins
Read on to learn more about the top dog-themed coins. I cover everything investors need to know, including price history, market capitalization, supported network, and future potential.
1. Shiba Shootout – The Overall Best Dog Meme Coin for High-Risk High-Return Investors
- Ticker: $SHIBASHOOT
- Network: Ethereum and BNB Chain
- Supply: 2.2 billion
Shiba Shootout ($SHIBASHOOT) is the best dog meme coin for high-risk high-return investors. Unlike other meme coins, Shiba Shootout is a presale project. This means it’s raising funds before the initial exchange listing. More than $1.17 million has been invested to date, with the presale offering a first-mover advantage.
Shiba Shootout is loosely based on the Shiba Inu breed but in a Wild West setting. What’s more, Shiba Shootout doubles up as a play-to-earn game. It offers a Western-style shootout app via Google Play and the App Store. Players enter battles and earn $SHIBASHOOT tokens when winning. This gives $SHIBASHOOT a solid use case.
Shiba Shootout is also one of the best staking coins. It currently offers APYs of 806%. $SHIBASHOOT can be staked as soon as the presale purchase is made. The presale price is currently $0.0205 per $SHIBASHOOT. The price will increase in about 7 days. Presale buyers can use ETH, USDT, BNB, or a credit card.
2. Dogecoin – The Largest Meme Coin by Market Cap Trading at an 85% Discount
- Ticker: $DOGE
- Network: Dogecoin
- Supply: Unlimited
Dogecoin ($DOGE) is not only the original meme coin but it pioneered the dog-themed narrative. Launched in 2013 as a joke, Dogecoin has retained its status as the de facto meme project. It’s the largest meme coin by market capitalization, currently valued at over $16.20B. What’s more, Dogecoin boasts millions of holders – many have held for several years.
It also has significant mass appeal, with notable Dogecoin proponents including Elon Musk and Mark Cuban. Dogecoin also has a massive social media presence, including almost 4 million followers on Twitter. It’s also one of the easiest dog meme coins to buy, considering $DOGE is listed on most crypto exchanges.
(DOGE)
In terms of price action, Dogecoin has increased by about 75% in the past 12 months. Since its inception, Dogecoin is up by over 19,000%. Much of this growth came during the $DOGE rally in 2021. That said, Dogecoin currently trades 85% below its all-time high. This could be the last chance to invest at current valuations.
3. Dogwifhat – Popular Solana Meme Coin With YTD Growth of Over 900%
- Ticker: $WIF
- Network: Solana
- Supply: 1 billion
Dogwifhat ($WIF) is one of the best-performing dog meme tokens in recent history. It’s inspired by the Shiba Inu breed like many meme coins. And, as its name suggests, it’s simply an image of a Shiba Inu dog wearing a hat. Even so, dogwifhat has grown to unprecedented heights since launching in January 2024.
CoinGecko data shows an initial trading price of $0.001555 per $WIF. About 4 months later $WIF hit an all-time high of $4.85. This represents gains of almost 2,700%. At the time, this price valued dogwifhat at over $4.7 billion. Like many meme coins, dogwifhat has since entered a market correction.
(WIF)
Today, $WIF trades at about $1.71, almost 65% below its all-time high. Nonetheless, dogwifhat is still up over 900% since its inception. What’s more, dogwifhat still commands a mammoth market capitalization of over $1.7 billion. This makes dogwifhat the third-largest dog meme coin after Dogecoin and Shiba Inu. We have done a whole Dogwifhat review for curious readers who want to know more.
4. Shiba Inu – The World’s Second Biggest Meme Coin Trading 83% Below ATHs
- Ticker: $SHIB
- Network: Ethereum
- Supply: 1 quadrillion
Shiba Inu ($SHIB) is the world’s second-largest dog meme coin. It was launched during the 2020 bull cycle, with early investors making substantial gains. Shiba Inu briefly surpassed Dogecoin in 2021 as the most valuable meme coin, hitting a market capitalization of over $40 billion.
This valued $SHIB higher than many S&P 500 companies. Since peaking, the Shiba Inu price has entered a prolonged market correction. It currently trades 83% below its all-time high of $0.00008845. This could represent a solid discount, considering its standing in the broader crypto industry.
- Shiba Inu
(SHIB) - Price $0.000017
- Market Cap
$10.28 B
Moreover, Shiba Inu has witnessed a resurgence in the prior year, with gains of over 93%. Some analysts point to Shiba Inu’s increasing use cases too. It has developed a metaverse ecosystem with NFT-backed land plots. It also offers a decentralized exchange that enables $SHIB holders to provide liquidity and earn rewards. Check out our Shiba Inu Review and Guide to learn more.
5. First Neiro On Ethereum – Explosive Gains of 25,000% Since Launching in August 2024
- Ticker: $NEIRO
- Network: Ethereum
- Supply: 420.69 billion
First Neiro On Ethereum ($NEIRO) is one of the best cryptocurrencies to buy right now. This project was launched as recently as August 2024. It claims to be Dogecoin’s little sister and is also based on a Shiba Inu breed. The project notes that Neiro was adopted by the same person who originally owned Kabosu, the dog behind Dogecoin.
Since its inception, First Neiro On Ethereum has generated unprecedented returns. CoinGecko data shows that $NEIRO has increased by about 25,000% in under two months of trading. This converts to gains of $250,000 for every $1,000 invested. Currently, $NEIRO trades about 12% below all-time highs.
Nonetheless, First Neiro On Ethereum already commands a market capitalization of over $500 million. Many analysts believe $NEIRO could become a billion-dollar project in the coming days. After all, First Neiro On Ethereum has increased by over 200% in the prior week alone. $NEIRO has a total supply of 420.69 billion, with most tokens already circulating.
Buy First Neiro On Ethereum on MEXC
6. FLOKI – Top-Performing Dog-Themed Project With 1-Year Growth of 730%
- Ticker: $FLOKI
- Network: Ethereum
- Supply: 10 trillion
FLOKI ($FLOKI) is another dog meme coin based on the Shiba Inu breed. Launched in late 2021, it’s named after Elon Musk’s pet dog. Early backers have witnessed an unprecedented rollercoaster ride since the project’s inception. After producing huge gains in its initial few months of trading, FLOKI lost more than 90% of its value.
The FLOKI price then traded sideways for the following two years. That was until early 2024 when FLOKI went on a prolonged price rally. Not only did FLOKI recover its losses from the previous bull cycle but it recorded new all-time highs in June 2024. However, FLOKI has entered its next market correction, trading over 60% below its 52-week high.
- Floki Inu
(FLOKI) - Price $0.00014
- Market Cap
$1.31 B
Even so, FLOKI has increased by more than 700% in the past 12 months. It currently commands a market capitalization of over $1.2 billion, making it the fourth-largest dog meme coin by valuation. I should also note that FLOKI has developed use cases, including a play-to-earn game, metaverse ecosystem, and tokenization platform. Check out our in-depth Floki Inu Review if you would like to learn more about this coin and its potential.
7. Bonk – Solana-Based Meme Coin Behind a Hugely Successful Airdrop Campaign
- Ticker: $BONK
- Network: Solana
- Supply: 100 trillion
Bonk ($BONK) is another iconic meme coin based on the Shiba Inu breed. It also has a short operating cycle, with Bonk launched in late 2022. Unlike many meme coins, Bonk didn’t opt for a pre-listing fundraising event. Instead, it airdropped trillions of $BONK tokens to early adopters of the Solana ecosystem.
This covered wallet addresses that had previously contributed to Solana’s growth, such as NFT creators and network developers. Although Bonk traded sideways during its initial 12 months, it started a prolonged rally in late 2023. Bonk hit an all-time high of $0.00004704 in April 2024, translating to a market capitalization of about $2.5 billion.
(BONK)
Today, Bonk trades about 63% below its prior peak, valuing the project at approximately $1.2 billion. This makes Bonk the fifth-largest dog-themed meme coin. What’s more, Bonk has increased by over 8,900% in the prior year. And more than 15,000% since its inception. The total $Bonk supply is 100 trillion. We cover Bonk in more detail in our Bonk Review and Beginner’s Guide.
8. DOGS – Trending Dog Coin on the TON Blockchain With 17 Million Telegram Subscribers
- Ticker: $DOGS
- Network: TON
- Supply: 550 billion
DOGS ($DOGS) is one of the best TON projects in the dog meme space. TON is a layer-1 blockchain endorsed by Telegram, meaning it has access to almost 1 billion users. DOGS is the leading meme coin in this ecosystem, making it a great choice for speculative investors. Notably, DOGS doesn’t have a website, whitepaper, or roadmap timeline.
Nevertheless, this hasn’t prevented the project from achieving mass appeal. For a start, DOGS has more than 17 million subscribers on its Telegram channel. This means DOGS has one of the largest communities in the meme coin industry. Moreover, DOGS is also one of the biggest meme coins by valuation.
It currently has a market capitalization of about $438 million. However, the $DOGS price is down about 49% from its all-time high. DOGS is also a community-run project, with Telegram users voting on key proposals. Currently, members are voting on how the next batch of tokens should be used; a choice between a burn, charity donation, or treasury holding.
9. Doge Eat Doge – Low-Cap Project Based on Dogechain With 53% Gains This Week
- Ticker: $OMNOM
- Network: Dogechain
- Supply: 1 quadrillion
Launched in 2022, Doge Eat Doge ($OMNOM) is a meme coin operating on Dogechain. This is an EVM-compatible network that’s inspired by Dogecoin. Doge Eat Doge has ‘Let’s Eat SHIB for Breakfast’ as its project ethos. It’s also based on the Shiba Inu breed and has a huge supply of 1 quadrillion tokens.
The project claims that 69% of the total supply was burned by Ethereum founder Vitalik Buterin. The 31% balance was added to $OMNOM liquidity pools on DogeSwap, a decentralized exchange for Dogechain tokens. In terms of performance, Doge Eat Doge is up 1,500% since its inception.
It has also produced 53% gains in the prior week. However, $OMNOM trades at an 86% discount when compared to its all-time high. This was hit as recently as April 2024. Crucially, Doge Eat Doge has a market capitalization of just $11 million. This attractive valuation will appeal to those searching for the next 100x crypto.
10. Myro – Undervalued Meme Coin Based on Solana Co-Founder’s Pet Dog
- Ticker: $MYRO
- Network: Solana
- Supply: 1 billion
Last on this list of dog meme coins is Myro ($MYRO). This project is based on Solana co-founder Raj Gokal’s pet dog. It was launched in November 2023, meaning it has been operating for under a year. Nonetheless, Myro has produced solid growth since its inception, with gains of over 1,800%.
However, Myro, like many Solana meme coins, peaked in March 2023 before entering a market correction. It now trades 83% below its all-time high of $0.4465. This provides a good opportunity to enter the market at a solid discount, especially considering Myro’s market capitalization of just $78 million
Although Myro is a meme coin by nature, it has also developed use cases for its community. This includes a SocialFi app on the Solana Mobile, enabling users to sell images via NFT collections. It has also created a buy bot for the Telegram app. Additional utility is being developed in other areas, which is welcome news for holders.
History of Dog Meme Coins
The first dog meme coin, Dogecoin, was launched in 2013. It was based on a Shiba Inu dog called Kabosu, who recently passed away. Dogecoin’s success inspired other dog meme coins to enter the crypto market. They’re a fun and lighthearted alternative to other cryptocurrencies and borrow heavily from internet memes.
This includes Shiba Inu, which is now the second-largest meme coin by market capitalization. FLOKI was also a major player during the 2021 bull run.
That said, newer additions to the dog-themed narrative have since joined the top table. Dogwifhat and Bonk, for instance, now trade with market capitalizations of over a billion dollars and have each built up a dedicated community.
Ultimately, there are thousands of meme coins based on dogs, making it difficult to find the next big project. This is why risk management strategies are so important.
How to Pick Which Dog Meme Coin Investments
Creating a diversified portfolio is crucial. Here’s what to look for when researching the best dog meme coins:
- Trending Meme Coins: Look for dog meme coins that are trending. They’re often projects that have witnessed explosive growth in recent days or weeks. And have attracted a mass following. That said, ensure you’re not entering the market toward the peak of the rally.
- Community Growth: The best meme coins are community-focused. This often means they have a large number of holders and a substantial social media following. These projects can produce substantial gains even when the broader markets are down.
- Market Capitalization: Large-cap meme coins like Dogecoin, Shiba Inu, and dogwifhat will offer small growth potential when compared to small caps. However, small-cap meme coins are more volatile and risky. Therefore, consider your growth requirements and risk tolerance when picking projects.
- Presales: Consider investing in new dog meme coins that are in the presale stage. This means the tokens are pre-listing, so they’re not currently available to the public. Shiba Shootout is a great option, with the presale already raising over $1.1 million.
- Blockchain Ecosystem: I’d also suggest diversifying across different blockchain ecosystems. This is because dog meme coins from specific blockchains often go on extended price rallies. Examples of blockchains to focus on include Ethereum, Solana, Base, TON, and TRON.
Conclusion
While dog-themed meme coins are highly speculative and volatile, they’ve produced substantial growth in recent months. Those looking for established dog projects might like Dogecoin or Shiba Inu.
Conversely, Shiba Shootout is a good option for small-cap investors interested in presale events. Still not sure which dog meme coin is best for you? Check out our comprehensive guide on the best meme coins for 2024.
FAQs
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References
- Dog Themed Meme Coins (CoinGecko)
- Dogecoin Jumps as Musk’s Twitter Flips Logo to Shiba Inu Dog (Reuters)
- Shiba Inu Passes Dogecoin as No. 10 Cryptocurrency (Bloomberg)
- Kabosu, the Dog Behind the ‘Doge’ Internet Meme, Has Died (NBC News)
