During the 2021 Bull Run, a crypto with a dog motif was able to hold the largest market share.
On April 2nd, Elon Musk said that Dogecoin could be his favorite cryptocurrency. The coins’ cryptocurrency’s founding meme surges from a modest $0.05 to a maximum of $0.75 on May 7th throughout the following days. That indicates that a DOGE owner with $100 in Dogecoin on April 2nd might well have $1500 less than a month ago.
The Tesla CEO accepts DOGE as a payment method for retail sales. It’s fast-charging stations and recommends that those who connect to Twitter Blue must be able to pay with Dogecoin.
Nevertheless, DOGE still has a lot of room to grow. However, many people believe they are still missing out on their asset’s peak. Consumers are seeking the next 10,000x, which they can only obtain it using early adoption.
This is exactly what these five dog currencies have the ability to achieve.
Baby Doge
This is really a depreciating token that will grow increasingly rare over time. They impose a 5% fee for every auction process. Afterward, they will divide that fee among Baby Doge Coin owners. As a result, the sooner they keep, the further people may make. It’s also worth mentioning that Musk was tweeting about Baby Doge on July 1st, 2021. Baby Doge now has a market capitalization of $263 million.
Mars Dogelon or ELON
A dog-themed effort is aiming to outperform Dogecoin’s popularity. Musk’s ambitions of populating Mars comes from a website. However, the contentious entrepreneur is still yet to discuss the property. With a market worth of $267 million, ELON is now ranked # 26 on CoinMarketCap. This cryptocurrency surpasses several of its competitors and is likely to top the dog-coin competition.
Mini Doge
This all started as a depreciating meme coin. Currently, it is evolving into a Web 3 ecosystem along with a play-to-earn action quest. With this, holders may win NFTs and many more coins as they progress. Currently, Mini Doge’s trading capitalization is $2.3 million.
Pulse Doge
This is a social meme token that they created on the Binance Smart Chain. Its goal is to increase PulseChain usage. This is indeed a new layer 1 blockchain that will be available later this year. According to the webpage, anyone who had PulseDoge on BSC at the time of PulseChain’s introduction will earn an equivalent 1:1 airdrop on PulseChain. This implies that if one purchases the token right now, they’ll get twice as much for the money. Moreover, PulseDoge has a current capitalization of $7.5 million.
Dogechain
This is a new layer-1 blockchain that aims to provide DOGE with additional DeFi functionality. DOGE owners will indeed be eligible to claim the DC tokens for a short period. This will only happen if they bridge their DOGE across from centralized exchanges or even other networks. Planning to bridge $DOGE will eventually generate $DC tokens. Thus, staking $DC will let individuals receive yield, incentives, and awards, including the right to vote on the Doge DAO.
Purchasing $DOGE today might result in enormous profits when $DC starts. Furthermore, the DogeChain crew has been running a grand-a-day raffle during the month of May.
