The New Meme Coins Outperforming Dogecoin And Bitcoin In March

Meme coin comparison via Tradingview

Holding newer, lower market cap meme tokens has returned a higher ROI this month than DOGE and BTC, the standout performer being Dogwifhat (WIF).

Solana meme coin WIF is still +33% on the week despite Bitcoin dipping into the red, correcting from yesterday’s all-time high of $73,950 to an intraday low of $65,550 on Friday.

Bonk, FLOKI, Milady Meme Coin, Myro, Pepe and Shiba Inu have also outpeformed in March versus the $23 billion market cap Dogecoin – over eight times the valuation of Dogwifhat.

Best Meme Coins To Watch – Analyst Picks

The DOGE price has doubled since as recently as mid February – pumping from $0.08 to $0.16 today – but many traders are looking elsewhere for even higher potential Dogecoin alternatives.

This week popular meme coin investor and Discord trading group founder Jacob Crypto Bury listed his top tokens to watch, including old and new meme coins:

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Dogecoin20

Brand new meme coin launch Dogecoin20 (DOGE20) topped his list being a multi-stage presale with high APY staking.

He compared it to the success of recent projects Techopedia also reviewed such as Meme Kombat (MK) which rose over 500% from its stage one presale price to its current ATH.

Built on the Ethereum chain, DOGE20 aims to be a greener and more versatile version of Dogecoin with a capped total supply, in contrast to the inflationary Dogecoin with its infinite supply.

Dogecoin20 has raised over $280,000 at the time of writing and its APY is just over 1,800%, giving early buyers that opt to stake a significant rewards rate.

Shiba Inu

Despite being the second largest meme coin with a $17 billion market cap, Shiba Inu has had a strong 2024 so far – up 180% year to date.

Jacob predicts the Shiba Inu price could rise ‘another 2-3x in the coming days’ after a period of consolidation to hit the 2.618 Fib of its current uptrend at $0.00008675.

He notes that the Shibarium ecosystem is constantly building and a Robinhood-linked SHIB whale wallet has accumulated over 332 billion tokens.

Bol

Another low market cap meme coin that Solana developers including the Phantom wallet CEO have engaged with is Bol (BOL).

A play on Dogwifhat, this ‘rat with a ball’ meme token currently has a market cap of just $1.6 million.

Still very early in its roadmap, Bol launched on Raydium on March 11th and is steadily building up a community on Twitter.

Jacob is expecting a bounce on $BOL with its first CEX listing, rumored to be on MEXC.

Smog

Jacob tipped another Solana meme coin Smog (SMOG) at $0.01 and its current all-time high is just under $0.39.

Today trading at $0.21 with a $290 million market cap, $SMOG launched on Feb 7th and centres around building a community with its airdrop campaign and 42% APY staking rewards.

Baby Doge Coin

One of Jacob’s reasons for watching Dogecoin related tokens such as Dogecoin20 was Elon Musk recently stating at Giga Berlin that it will be possible ‘at some point’ to buy a Tesla with DOGE.

The billionaire’s support for the DOGE meme could have a knock-on effect on lower market cap alternatives, with Baby Doge Coin (BABYDOGE) being another popular derivative.

$BABYDOGE is up over 110% in the past month, and currently is ranked as the 8th largest meme coin on CoinMarketCap, just behind Memecoin (MEME).

Unlike the meme coins in the top seven spots above, BABYDOGE is not yet listed on Binance, potentially making it undervalued.

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James Spillane
Editor

James began investing in cryptocurrency in 2017 and alongside his own trading journey also now aims to help others better navigate the markets as a crypto analyst, writer and editor. Currently James is helping to expand the library of cryptocurrency educational materials here on the site, as well as its tech related content. Prior to joining Techopedia as an administrator James also wrote news coverage of the iGaming industry and online poker guides at Rakeback.com. Hailing from Bedfordshire in the United Kingdom, James graduated from Imperial College London with a BSc in Physics.