Meme Coin Wars – Floki Inu Vs. Dogecoin And Shiba Inu – Who Wins?

There’s an ongoing meme coin war and it pits a lesser known coin against two other well-entrenched cryptos in the space today. FLOKI is a crypto based on Elon Musk’s dog that has the same name Floki Inu’s market cap is less than $1 billion The crypto has been on a decline after it bottomed in June 2022 Floki Inu (FLOKI), a meme crypto that was inspired by the dog of self-proclaimed “Dogefather” Elon Musk, is aiming to surpass Dogeoin (DOGE) and Shiba Inu (SHIB). That could prove to be easier said than done as it is losing to its fellow dog-themed cryptoccurencies in several battlefronts. Total market capitalization is one of these aspects and Floki Inu’s is worlds apart compared to DOGE and SHIB. Related Reading: BNB Holders Should Brace For This Trend Reversal – Happy Days Over? Of the three, Dogecoin has the highest market cap, valued at $8.4 billion. Its spin-off token is somehow keeping up as Shiba Inu’s total capitalization stands at a little over $6.5 billion. FLOKI finds itself in a distance that is very far from the two, as its market cap is only $70.2 million. In terms of current trading price, DOGE leads the pack. At press time, according to CoinGecko, it is trading at $0.062. SHIB is changing hands at $0.00001109 while FLOKI is at $0.00000754. Along these lines, Floki Inu needs to grow its market cap 100x just to surpass Shiba Inu. But even after that, Dogecoin will still prove to be a bigger challenge for the...