On-chain data aggregator IntoTheBlock announced the addition of a new table including critical information for meme currencies to their meme coin dashboard in a recent tweet.
This site claims that Dogecoin (DOGE), a cryptocurrency inspired by memes, has outperformed all other meme-inspired cryptocurrencies in a number of criteria. This includes surpassing well-known cryptocurrency tokens with meme themes like Pepe (PEPE), Floki (FLOKI), and Shiba Inu (SHIB).
https://x.com/intotheblock/status/1754439844917395590?s=20
DOGE beats SHIB, FLOKI, PEPE
When it comes to the amount of holders who are profitable, Dogecoin—which was introduced by Jackson Palmer and Billy Markus in 2013—performs better than all the other meme cryptocurrencies shown in the chart. This is 46.94% for Dogecoin, 27.11% for SHIB, 24.81% for PEPE, and 16.11% for FLOKI.
In terms of holdings, DOGE outnumbers the other meme coins as well: 5,853,959 vs 1,291,903 for SHIB, 152,195 for PEPE, and 73,038 for FLOKI.
Nevertheless, Dogecoin is trailing behind whales by 43.75% as opposed to 62.42% for SHIB, 48.01% for PEPE, and 69.00% for FLOKI. According to this measure, Akita Inu (AKITA) with 68.01% and Wojak (WOJAK) with 69.27% are the two leaders.
With 387,000 traders as of January 29 and 576,000 at the end of December, Dogecoin has the biggest trader count among the meme cryptocurrencies by a significant margin.
Elon Musk reignites speculations about DOGE and X
Elon Musk startled Crypto Twitter by like his own post on Dogecoin from 2021, as previously reported by U.Today. Musk posted that tweet while he was thinking about starting Texas Institute of Technology & Science, his own university.
“Tuition is in Dogecoin & you get a discount if you have a dog,” the tweet read. Strangely, Musk tweeted about this once more on Sunday, this time posing the question to his massive following: should he really start this university?
Billy Markus, one of the co-founders of Dogecoin, endorsed Musk’s concept in this tweet and that of numerous other accounts with a crypto-themed theme.
Musk recently completed all legal arrangements with authorities to introduce a peer-to-peer payment system on X within a year, with the goal of enhancing the platform’s usability and bringing in new business prospects. Musk is still wanted by the DOGE army to include Dogecoin in X payments.
