PepeCoin was launched in April 2023 by anonymous developers. The meme token's logo is #PEPE , the green frog from the Boy's Club comic book series. The team emphasizes to users that the token has no value and is not intended for financial gain. Because the coin is deployed on the #ETHERİUM network, transaction fees are significantly higher than those of its main competitor, #DOGE . To address this issue, the meme token team launched official bridges with Arbitrum and BNB Chain. The asset is among the top three meme tokens by market capitalization. $PEPE
Shiba Inu was unveiled by an anonymous developer named Ryoshi in August 2020. The project bills itself as a "#doge killer." The team also chose a Shiba Inu as the token's logo. #DOGE runs on Ethereum and is an ERC-20 token. In August 2023, the team activated the mainnet of the Shibarium L2 solution. The network uses a new consensus mechanism called Proof-of-Participation to reduce computational costs. The developers also plan to launch an algorithmic stablecoin, issue the SHIB Burn Visa card, and build a L3 solution on top of Ethereum. $SHIB
Dogecoin was created in December 2013. Programmers Billy Markus and Jackson Palmer worked on the digital asset. The developers conceived the project as a parody of cryptocurrencies like Bitcoin. The team considered the name "Doge" "very funny," and chose Kabosu, a #Shibalnu dog from Japan, as the coin's symbol. The dog was the subject of internet memes and died in May 2024. Technically, Dogecoin was created as a fork of #Litecoin and uses a Proof-of-Work consensus mechanism. It takes one minute to mine a new block, and the miner is rewarded with 10,000 DOGE. The supply of coins is unlimited.