In a recently posted tweet, on-chain data aggregator IntoTheBlock spread the word about a new table with Key Meme Coin Metrics added to your meme coins panel.
In a recently posted tweet, on-chain data aggregator IntoTheBlock spread the word about a new table with Key Meme Coin Metrics added to your meme coins panel.
According to this source, the meme cryptocurrency Dogecoin (DOGE) has outperformed all other meme-inspired cryptocurrencies in several metrics. This includes outperforming major meme-themed cryptocurrencies such as Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE).
DOGE beats SHIB, FLOKI, PEPE
Dogecoin launched by Billy Markus and Jackson Palmer in 2013 has surpassed all other meme cryptocurrencies mentioned in the table by the number of profitable holders. For Dogecoin it is 46.94%, while for SHIB it is 27.11%, for PEPE it is 24.81% and for FLOKI it is 16.11%.
DOGE also surpasses the rest of the meme coins in terms of the number of holders: 5,853,959 compared to 1,291,903 for SHIB; 152,195 for PEPE and 73,038 for FLOKI.
Still, Dogecoin is losing in percentage of whales: 43.75% compared to 62.42% for SHIB, 48.01% for PEPE and 69.00% for FLOKI. The two leaders according to this metric are Wojak (WOJAK), with 69.27%, and Akita Inu (AKITA) with 68.01%.
The number of traders is also the highest for Dogecoin (387,000 as of January 29) and was 576,000 at the end of December, staggeringly surpassing the rest of the meme cryptocurrencies.
Elon Musk reignites speculation about DOGE and X
As Guru-Investingpreviously reported, Elon Musk surprised Crypto Twitter by liking his own tweet dedicated to Dogecoin from 2021. That was a tweet posted by Musk while he was considering launching his own university: the Texas Institute of Technology and Science .
The tweet read: “Tuition is in Dogecoin and you get a discount if you have a dog.” Interestingly, on Sunday Musk tweeted about this again, asking his army of followers if he should really launch this university.
This tweet was supported by Dogecoin co-founder Billy Markus, who seconded Musk’s idea, along with several other crypto-themed accounts.
Musk has recently made all legal preparations with regulators to launch a peer-to-peer payment system on X within a year in order to expand the utility of the X platform and add commercial opportunities to it. The DOGE army is still waiting for Musk to add Dogecoin to X payments.
