The Boat Is Getting Overdogged: Dogecoin and BabyDoge Set New Records

After becoming popular in spring of 2021 due to Mr. Musk, Dogecoin reached its peak price and spawned a brood of other dog memecoins.

For all the lovers of meta-irony and classic literature, the story of Jerome K. Jerome “Three Men in a Boat, To Say Nothing of the Dog” takes on a whole new meaning with the tables turned. In the crypto world, dogs are the ones who take people on a journey with puns and humorous elements, not the other way around.  

After becoming popular in spring of 2021 due to the influence of one Mr. Musk, Dogecoin (DOGE) reached a peak price, and this spawned a brood of other dog memecoins: Shiba Inu (SHIB), Baby Doge Coin (BabyDoge), Dogelon Mars (ELON), and many other copydogs. 

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Since then, DOGE and SHIB have even managed to keep up with the top 10 crypto assets by market capitalization for quite some time.  

Recently, as reported by the WhaleStats analytics platform, both Dogecoin and BabyDoge have reached their maximum levels of holders, now comprise 485,000+ and 1,360,000+ holder wallets respectively.  

Read other related articles:  

DailyCoin’s memecoin news section 

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Copydogs Issue #2: Why Do They Even Exist?

Shiba Inu: Two Dogs in a Boat, Nothing to Say of a Man 

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Nazar Kuzmyn

Nazar Kuzmyn is an audience editor at DailyCoin, responsible for SEO aspects of the publication, long-form content, and the daily newsletter. He has experience in marketing copywriting and journalism, and his educational background includes a Bachelor's in International Relations and a Master's in Journalism and Media Industries. He currently lives in Vilnius, Lithuania, and enjoys attending live concerts and playing indie video games in his free time.