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The 5 dog cryptos that will explode before the end of 2024
I've been observing this craze for dog-themed cryptos for a while now, and frankly, I'm torn. It's both ridiculous and fascinating. Memes turned into billions of euros... who would have thought? Here is my personal opinion on the 5 canine cryptos that could really take off before the end of the year.
1. DOGE
Ah, the grandfather of crypto memes! Launched as a joke in 2013, this pixelated Shiba Inu has become a cultural phenomenon. I long thought it was just a passing fad, but it must be acknowledged for its resilience.
His main asset? Elon Musk, of course. His tweets always drive up the price; it's almost Pavlovian. One can criticize this dependence on a capricious billionaire, but it works! And contrary to what many believe, DOGE is starting to have real uses - some merchants are already accepting it.
2. FLOKI
Named after Elon Musk's dog ( there he is again! ), FLOKI has managed to create an identity that goes beyond just a meme.
What impresses me about FLOKI is that they are genuinely trying to build something: DeFi, NFT, games... They even have a partnership with Lazio! Can we really take a cryptocurrency with a dog as a mascot seriously? I'm still questioning it, but their community is so determined that they might just surprise us.
3. NEIRO
NEIRO is the new kid on the block that I'm keeping a close eye on. Less known than the others, but with a more pragmatic approach.
I really like their focus on real utility and DeFi. Not just another meme token riding the wave. But let's be honest, they still have everything to prove. The road is long between a "promising vision" and mass adoption. I remain cautious but curious.
4. BABYDOGE
With its adorable name and quadrillions of tokens in circulation, BABYDOGE clearly plays on emotion.
Their thing is animal charity. Part of the fees goes to dog shelters. It's clever - who can be against that? They also launched their own exchange. But honestly, do we really need yet another exchange platform? The market is already saturated!
5. DOGS
DOGS gained visibility thanks to a massive marketing campaign on a large exchange platform. This is exactly what bothers me in this field - sometimes visibility matters more than the project itself.
That said, this exposure gives them a significant advantage in terms of liquidity and trading volume. Their community is passionate, almost fanatic. Is that enough to succeed? I doubt it, but in the crypto world, the herd effect can perform miracles.
Dog cryptocurrencies are a fascinating phenomenon that perfectly reflects the times: speculation, virality, and a pinch of absurdity. Some will disappear, others will thrive. The game is risky, but potentially very lucrative for those who know when to enter... and especially, when to exit!