.Dogecoin price inches upward as it seeks a lead in the memecoin war
, up 4% over the week, the coin has retained its undefeated rank as the first of all meme coins in existence today. The question of whether it is still relevant in the industry remains one that must have been brewing in the hearts of many, with new rivals launching daily.
PEPE, Milady Meme Coin and Floki remain some of the latest sensations in the meme coin world over the past few months. PEPE, for instance,that it shook Crypto Twitter's interest in the token, taking it quite higher in valuation than can be envisaged. The hype generated by the latest stream of meme coins has largely placed older and more established ones like Dogecoin and Shiba Inu in the background; they hardly seem like"meme" coins any longer. While still maintaining their relevance, investors, both retail and institutional, have notably shifted their primary focus to the younger tokens in a bid to take advantage of their lower market caps for higher gains in the future.
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