Dogecoin (DOGE) Rival Shiba Inu (SHIB) Still Top Memecoin in US Despite New Competition: CoinGecko

Dogecoin (DOGE) challenger Shiba Inu (SHIB) is still the most popular memecoin in the US despite seeing new competition.

According to a new study by CoinGecko examining the total number of page views on the top 15 memecoins by market cap, Shiba Inu was by far the top meme token in the US during 2023 as it drove 60.7% of interest in the speculative asset class.

The study also found that the US leads the world in memecoin interest overall, followed closely behind by India and the United Kingdom.

“The US is unsurprisingly leading the meme coin craze, accounting for 23.6% of the interest in 2023 so far with over 2 million views of the top meme coin pages.

The most popular meme coin in the US this year is Shiba Inu, which generated 60.7% of US interest in meme coins. Recent trending crypto Pepe drove another 11.8% of meme coin interest in the US, followed by Bonk and Volt Inu.”

Globally, Shiba Inu is also the most popular memecoin on the market, followed by Baby Doge Coin (BABYDOGE), Pepe (PEPE), a meme asset that launched last month, Floki (FLOKI), and Solana-based (SOL) Bonk (BONK), according to the study.

“People are by far most interested in Shiba Inu, which drove 46.7% of interest among the top meme coins in 2023. Baby Doge Coin generated 12.3% of meme coin interest, followed by more recent meme coins Pepe (9.4%), Floki (8.6%) and Bonk (8.2%).”

Shiba Inu is trading for $0.00001 at time of writing, a 1% drop during the last 24 hours.

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• Source: https://dailyhodl.com/2023/05/04/dogecoin-doge-rival-shiba-inu-shib-still-top-memecoin-in-us-despite-new-competition-coingecko/