According to CoinGecko, Dogecoin and Shiba Inu have been dominating meme coin trends in the past 20 years. Their current market cap is $18.54B (DOGE), and $11.58B (SHIB).
The duo, however, has failed to achieve explosive growth despite positive catalysts. It could be the right time to let newcomers Popcat and Poodlana shine.
In the last four years, new tokens with special features have been introduced to the meme crypto market.
The launch of several meme tokens, such as Dogwifhat and MUNCAT has been boosted by the increased scalability offered by blockchains like Solana, Tron, Sundog and Poodlana.
Dogecoin’s failure to generate massive movements amid real-world events has led large players to reduce their Shiba Inu stake as a result of reduced profitability.
The lacklustre performance of DOGE and SHIBs does not define the meme tokens market.
The 2024 bull market is gaining steam, and new memecoins promise to bring big gains for enthusiasts in the coming months.
The popularity of new cryptocurrency themes has also increased due to celebrity- and politics-inspired assets, such as TrumpCoin and MAGA.
Popcat and Poodlana believe that the next sessions will be explosively uptrending, as new meme tokens tend to outperform established ones.
Popcat
POPCAT entered the crypto-world in 2023, as a token that was inspired by internet meme Popcat.
With its fun and happy branding, the project has attracted meme lovers and cryptocurrency enthusiasts.
POPCAT has gained 2% over the last 24 hours and is currently trading at $0.9248.
The stock has been performing well over the last few sessions. It gained 7.50% in the week before and 50% the month prior.
Popcat is set for a bullish ride in 2024, thanks to its strong brand and impressive appeal within the meme culture.
Altcoin has flipped from $0.85 resistance to $0.95 support, and is now looking to surpass the barriers at $0.95 and $0.
POPCAT could also explode to new heights during the October rally, which is highly anticipated. Traders are also switching over to Popcat in order to take advantage of the impending increases.
Poodlana
Poodlana is still in the spotlight after its presale that raised almost $8 million on 17th July.
This unique project based in Solana attracted many fans due to the fact that it tapped into the fashion culture, memes, and massive popularity of toy poodles throughout Asia.
After a 20% increase in the last 24 hours, it looks like native POODL will end September with a positive note.
At the time of press, it was trading at $0.005674. Bulls dominate the daily chart.
Poodlana is a meme coin that ranks highly on Solana because of its successful ICO and impressive branding.
Altcoins could take advantage of their market appeal and outperform “Uptober.”
Visit the official Poodlana website to find out more information.
As new information becomes available, this post Dogecoin and Shiba Inu are no longer the top meme coin. POPCAT and Poodlana have topped the charts.
