While Shiba Inu was simply created as a ‘Dogecoin Killer’, it has since grown to a market cap of over $40 billion. Those who missed the 2020 ICO might be wondering what the next Shiba Inu is.
This guide analyzes 10 projects that could generate similar returns during the next crypto bull market
- Learn trading tips and tricks with “alpha calls” and exclusive trading insights
- A thriving, collaborative community that receives exclusive updates and opportunities
- A combination of meme culture, financial tools, and exclusive insights to empower crypto enthusiasts
- ETH
- BNB
- USDT
- +1 more
- Scaleable Layer 2 on the Solana Blockchain
- Supports Fast Multichain Transactions
- Easily Stake Your $SOLX to Earn Rewards
- ETH
- USDT
- BNB
- A self-evolving AI agent that autonomously interacts with platforms like Twitter
- Access to actionable intelligence, insights, and early-stage opportunities
- Offers a real-time crypto market analysis and projected sentiment
- BNB
- ETH
- USDT
- +1 more
- The first-ever decentralized meme coin index
- A community-driven ecosystem where token holders have voting rights
- A deflationary model that rewards long-term holders by reducing the token supply over time
- ETH
- USDT
- BNB
- +1 more
- A fair launch meme coin where everyone gets the same chance to buy $SLAP, ensuring trust and transparency.
- A step up from regular meme coins with an addictive slapping game with community rewards.
- $SLAP is riding the success of popular cat tokens during the 2024 Q3-Q4 meme rally.
- ETH
- USDT
- Debit
- Dive into the fun world of POKE and earn $POKE in this Tap-to-Earn game
- Unlock unique rewards and airdrops with your earned $POKE
- Integrated with Telegram to provide the ultimate mobile gaming experience
- USDT
- TON
Listed below are eleven quality crypto projects that could be the next Shiba Inu:9 Cryptos That Could Be the Next Shiba Inu in 2025
Potential Next Shiba Inu Projects Reviewed
To find the next Shiba Inu, it is wise to look for key similarities in the crypto market.
One way of doing this is to explore Shiba Inu price predictions to see what most analysts and crypto experts are forecasting for the meme coin’s forward trajectory.
For example, investing in trending projects during its ICO and targeting low-cap projects. Innovative ideas and concepts will also increase the chances of replicating similar returns to Shiba Inu.
Read on to discover which tokens could be the next Shiba Inu in 2025.
1. SushiSwap
While Shiba Inu is also behind a decentralized exchange of its own, SushiSwap could be a much better alternative. This is especially the case considering the market capitalization of the latter. Currently, SushiSwap is valued at approximately $260 million. Considering how big the decentralized finance industry is expected to grow in the coming years, this could be heavily undervalued.
SushiSwap supports over 400 tradable cryptocurrencies and multiple blockchain networks, including Ethereum, Gnosis, Binance Smart Chain, Polygon, Avalanche, and more. It also enables users to swap tokens on a cross-chain basis, which means that swapping BNB (Binance Smart Chain) with USDT (Ethereum) can be achieved in seconds.
As a decentralized platform, there is no requirement for a seller to match to trade. Similar to Uniswap, SushiSwap uses the AMM (automated market maker) framework. Its native token, SUSHI, was priced at nearly $23 during the prior bear market. Today, SUSHI is trading at a discounted price of nearly 95%. Therefore, a return to its prior all-time high would result in growth of over 1,800%.
2. Compound
Shiba Inu has developed a decentralized exchange that supports passive rewards, such as staking. However, considering that the SHIB boat has already been missed, Compound could be a better alternative. Launched in 2018, Compound is a decentralized lending protocol that operates as a DAO (decentralized autonomous organization). This means that those holding its native token, COMP, have a say in how the project is run.
The main concept with Compound is that it enables users to earn interest on crypto tokens that would otherwise sit idle in a private wallet. Users deposit funds into supported liquidity pools and will earn an APY. The funds are then used to provide liquidity for decentralized trading orders. Moreover, Compound also facilitates collateralized loans.
These are also funded by investors who deposit tokens into the Compound protocol. Like most crypto tokens, COMP has struggled since the peak of the bear market in late 2021. Back then, COMP was trading above $850. It is currently trading at a 95% discount at approximately $45. If this is the next Shiba Inu, then COMP offers a projected upside of over 1,800%—should it return to pre-bear market levels.
3. Wall Street Pepe
Wall Street Pepe is a new crypto project that has caught the attention of many investors in the meme coin community. Its immediate popularity is evident through the ongoing presale, which has been live for only 20 days now yet managed to raise $35M. This presale success strongly indicates $WEPE’s future prospects.
The platform provides alpha calls, exclusive trading insights, and a private group for strategy exchange created specifically for meme coin enthusiasts. Emerging as a strong contender for the title of the next Shiba Inu, $WEPE’s growing appeal is further underscored by a recent $137,000 Ethereum transaction, signaling investor confidence.
Best Wallet’s ‘Upcoming Tokens’ section features $WEPE, meaning users can monitor the token balances before the official claim date. Community interest is high, given that $WEPE has over 11,300 subscribers on Telegram and 26,500 followers on X.
4. Solaxy
Solaxy is the pioneering L2 blockchain on Solana. Its goal is to avoid Solana’s weaknesses like congestion, restricted scalability, and failed transactions while boosting its core features, such as high speed and low costs.
Its native token, $SOLX, has had a massive presale success, raising over $4.6 million, with $3 million raised in the first week. This indicates strong demand and investor confidence in the token.
Being available on both Ethereum and Solana, $SOLX combines the best of both worlds: Ethereum’s liquidity and security with Solana’s speed and low cost. Additionally, users can stake the token and gain 848% per annum rewards. SOLX token holders can stake for rewards over three years, and the smart contract has been audited with no vulnerabilities found.
These features could help $SOLX emerge as the next big meme coin, similar to Shiba Inu’s success.
5. MyNeighborAlice
We also like the look of the metaverse gaming project MyNeighborAlice. Put simply, the project is building a farm-themed game on top of the Chromia blockchain. Players can build and explore communities, socialize, and complete farming tasks to earn tokenized rewards. But most interesting is the virtual real estate ownership on offer.
Just like Decentraland and the Sandbox, MyNeighborAlice will enable players to buy plots of land. There will be 100,000 plots available across six Metaverse islands. While some plots will be more pricey than others (e.g. beach land), MyNeighborAlice is committed to making metaverse real estate affordable.
All land purchases and real estate construction are paid in ALICE, the project’s native token. As of this writing, ALICE has a market cap of just $75 million. Compare this to Decentraland, which, at its peak, was worth over $9 billion. If MyNeighborAlice is able to reach similar prices, an investment in ALICE today would yield a potential upside of over 11,000%.
6. Dogelon Mars
When Shiba Inu was created in 2020, it was marketed as an alternative for those who missed out on the Dogecoin pump. Dogelon Mars is following a similar trajectory, with the meme coin failing to offer much in the way of real-world utility. Just like Shiba Inu, however, Dogelon Mars has a huge community of followers in the crypto space.
For instance, Dogelon Mars has more than 445,000 followers on Twitter alone. It also has over 55,000 members in its Telegram group. Throughout the day, there are often several thousand active members. Evidently, the team behind Dogelon Mars has done well to create so much hype without much of a working product.
According to its whitepaper, the native token ELON will become the ‘intergalactic currency’ of space. Naturally, its ‘intergalactic’ token was named after the Tesla and SpaceX CEO, Elon Musk. However, Musk has no involvement in this project. Nonetheless, with such a large community, ELON has every chance of becoming the next Shiba Inu. Currently, its market cap is just under $200 million, which is just a fraction of SHIB.
7. Catslap
Catslap positions itself as a potential viral meme, with the $SLAP token at the heart of its ecosystem. This new crypto project introduces a slapping game where users representing their country slap characters, such as Pepe, Michael Jackson, Kamala Harris, and Chris Rock, and compete for the highest scores on the Slapometer.
Since the “Slap-to-Earn” game has surpassed 1.4 billion slaps, Catslap emphasizes community engagement and rewards, making it a promising player in the meme coin space.
Catslap burned $1 million worth of tokens a few days ago, reducing $SLAP’s circulating supply and potentially boosting the token price. The Zealy Community Slapdrop Campaign includes a $100,000 prize pool for the leading leaderboard participants, while all contributors will receive airdrops. The campaign will last until January 10, 2025.
$SLAP is available on its official website, MEXC, Best Wallet, and Uniswap. It has been audited by SolidProof, showing credibility.
8. Doggy
Founded in 2012, Doggy is a low-key project that has created a collection of dog-themed NFTs. Known as ‘Crypto Doggs’, the NFT series consists of 10,000 unique animations. Interestingly, each animation was generated randomly through cryptography. Moreover, each Crypto Doggy NFT has its own traits. Some are rarer than others and include glasses, hats, colors, eyes, and more.
This project also has its own native token, DOGGY. Right now, the sole purpose of DOGGY is to buy Crypto Doggy NFTs. Without DOGGY tokens, a purchase cannot be made. As of writing, DOGGY has a micro-small market cap of just $2 million. If its NFT collection one day mirrors the success of Crypto Punks or the Bored Ape Yacht Club, the upside potential of DOGGY could be sizable.
9. Mintlayer
Mintlayer also claims to be the next Shiba Inu. This brand-new project is building a unique consensus mechanism that combines proof-of-stake with the Bitcoin protocol. In doing so, Mintlayer claims that its platform will be both scalable and attack-proof. Moreover, its consensus mechanism distributes block rewards to random stakers rather than giving preference to nodes with the largest holding.
Its target market is decentralized finance. But unlike the current state of decentralized finance, Mintlayer aims to make the industry legally compliant. This means that users will be able to invest in traditional financial products on the blockchain with legal protections. Mintlayer is also building a native app that will enable users to run nodes. The app will double up as a wallet for its native token, ML.
ML is yet to launch on an exchange as the presale is scheduled to start this week. Mintlayer suggests that investors join the Telegram group for real-time information on the presale. The Telegram group already has over 44,000 members, highlighting that it could be hugely successful.
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Why Do People Look for the Next Shiba Inu?
Shiba Inu is one of the most notable success stories in the crypto space. The project was founded in 2020, and its thesis was simple: Shiba Inu claimed to offer a second chance to investors who missed out on Dogecoin.
Although the project had no utility or use cases, Shiba Inu became an instant hit overnight. According to CoinMarketCap, Shiba Inu was initially available to buy at just $0.000000000056. Just over a year later, Shiba Inu hit an all-time high of $0.00003791. During this period, Shiba Inu went from a worthless meme coin to a $40 billion top-10 project by market cap.
When comparing its initial and all-time high prices, Shiba Inu generated growth of over 67 million percent. In simple terms, this means that by investing $10 at the start of Shiba Inu’s journey, the investment would have been worth over $6 million just 13 months later.
How to Find the Next Shiba Inu
To find the next Shiba Inu before the next bull market begins, consider the tips discussed below.
Trending Cryptos on Social Media
Shiba Inu went from a worthless token to a multi-billion dollar project in an unprecedented time frame because the project created sizable hype in the crypto community.
Not only in its own Telegram group but on social media platforms like Twitter and Reddit. Regarding the latter, Reddit is home to hundreds of crypto-specific groups, some of which have millions of subscribers. This enables investors to assess which crypto tokens are trending.
Low-Cost Tokens
Another reason why Shiba Inu was able to attract so much interest was the price of its tokens. Creating a total supply of one quadrillion SHIB meant that even small-time investors could buy a huge quantity.
This is also appealing to investors who do not want to own a small fraction of a high-priced token, as is the case with Bitcoin and Ethereum.
Invest in Quality Presales Early
An effective way to find the next Shiba Inu is to search for quality presales. Not only that but investing in the respective presale as early as possible.
Focus on Tokens With a Use Case
Although Shiba Inu has since developed a metaverse and a decentralized exchange, it was initially launched without any use cases.
With that said, when exploring what’s next for Shiba Inu, we found that the hype surrounding ETH has boosted SHIB. Having said that the most hyped tokens are those that offer actual real-world utility.
Conclusion
Finding the next Shiba Inu is no easy feat, considering that SHIB generated gains of over 6 million percent at its peak. But by focusing on quality, low-cap projects offering real-world utility, there is every chance of securing similar gains.