Although Dogecoin’s popularity might be declining lately, other copycats continue to garner people’s attention, especially in the USA. CoinMarketCap’s stats show that tokens like Doge Killer, Baby Doge Coin, and Shiba Inu were among the most trending ones last week in the States, while Bitcoin and Ethereum were down the list.
What Do Americans Look For?
Ever since the start of the year, meme coins have caught the attention of cryptocurrency insiders and outsiders. The trend had a clear leader, or at least until recently – Dogecoin.
Launched in 2013, the token reached popularity heights after multiple engagements from Elon Musk, followed by other celebrities and global brands.
Somewhat expectedly, the ever-creative crypto community was quick to capitalize on DOGE’s craze as numerous copycats started to emerge almost daily.
While some failed to attract attention, others simply took off. Shiba Inu was among those whose total market capitalization at one point placed the coin in the top 20 largest cryptocurrencies.
Although it has declined in value since its ATH, the interest towards the asset still seems to be present. According to CoinMarketCap data tracking the trends in the industry, Shiba Inu was the 4th top trending token in the US last week.
Interestingly, the highest-ranked coin was another one inspired by Dogecoin – Doge Killer (LEASH). According to a recent post, it was “originally set to be a rebase token pegged to the price of Dogecoin.” However, “it has been unleased and will not rebase.” It’s also worth noting that LEASH is a part of the Shiba Inu (SHIB) ecosystem.
Furthermore, the post indicated a circulation supply of only 100,000 tokens, which is radically different than most Dogecoin copycats having multi-billion and even trillion coins.
Here are Last Week’s Top Trending Tokens from the US of A! 🚀
— CoinMarketCap (@CoinMarketCap) July 4, 2021
What About BTC and ETH?
When looking at any cryptocurrency data aggregator, Bitcoin (BTC) and Ethereum (ETH) are the clear leaders in terms of the largest digital assets by market cap. However, this doesn’t seem enough for Americans, as CoinMarketCap’s data showed.
The primary cryptocurrency takes the 6th spot, also trailing to SafeMoon, Sashimi, and GreenTrust. Moreover, ETH has barely made it in the top ten as it’s behind Coco Swap, Baby Doge Coin, and Jindo Inu.
It’s worth noting that Baby Doge Coin’s high position is somewhat understandable as it also received social media recognition by one of the most influential people today – Elon Musk.