Bitwise CIO Hunter Horsley said Dogecoin has “become an icon of the crypto movement,” noting that the asset has maintained cultural relevance despite its origins as a joke. “It doesn’t purport to transform global capital markets or convince you it has fundamentals or utility […] and, against the odds, it has kept its relevance—and its value—longer than just about anything else in crypto,” Horsley stated.

The launch follows the debut of the Grayscale Dogecoin ETF (GDOG) on Monday, which became the first DOGE product released under the ’33 framework. An earlier product, the REX Osprey Dogecoin ETF, launched in September under the Investment Company Act of 1940, meaning it is not required to hold DOGE tokens directly. In contrast, both Bitwise and Grayscale’s offerings are structured to hold the underlying asset.

GDOG recorded $1.4 million in trading volume on its first day. Bloomberg ETF analyst Eric Balchunas noted the results were not unexpected, referencing a previous observation: “The further away you get from BTC, the less asset there will be.”

Dogecoin, initially created as a lighthearted meme of a Shiba Inu dog, has grown to become the 10th-largest cryptocurrency by market capitalization over its 12-year history. Its journey has included sharp price swings driven by online communities and mentions from Tesla CEO Elon Musk.

Dogecoin Attempts Breakout Toward $0.181

At the time of publication on Wednesday, DOGE is up around 2% in the past 24 hours. The memecoin has been recovering since finding support near $0.142 over the weekend. Analysts note that Dogecoin is currently testing a key descending trendline resistance, and a successful breakout could open the path toward $0.181.

Below is a curated list of 10 prominent meme coins, including Apeing, Dogecoin, Shiba Inu, Pepe, Bonk, Floki, WIF, Brett, Memecoin, and Popcat — each known for its community, cultural relevance, or unique ecosystem role.

1. Apeing ($APEING)

Apeing has become one of the most discussed upcoming meme tokens due to its focus on early-access participation. Built around the idea of acting quickly in fast-moving markets, Apeing uses a verified whitelist system designed to reduce the risk of fake links and provide a secure entry point for buyers ahead of launch.

Its branding resonates strongly with degen culture, and early traction across X, Telegram, and crypto communities suggests increasing interest as it moves toward its New Meme Coins release.

2. Dogecoin (DOGE)

Widely considered the original meme coin, Dogecoin remains supported by a large global community and continues to serve as an accessible entry token for new market participants. Its longevity, simplicity, and cultural impact keep it relevant across cycles.

3. Shiba Inu (SHIB)

Shiba Inu expanded from its meme origins into a structured ecosystem with Shibarium, a Layer-2 network built to improve scalability and reduce transaction costs. Its community-driven approach and ecosystem development have given SHIB continued visibility in the market.

4. Pepe (PEPE)

Pepe gained rapid momentum shortly after launch, driven largely by its strong cultural presence and meme identity. It remains an active participant in meme-coin cycles, benefiting from recurring attention during high-volatility periods.

5. Bonk (BONK)

Bonk revitalized interest in Solana’s meme-coin sector and became a major asset within the network’s resurgence. Tied closely to Solana’s growth, BONK has maintained strong liquidity, exchange listings, and ecosystem integrations.

6. Floki (FLOKI)

Floki started with viral branding and later expanded into utility-driven features such as the Valhalla metaverse project, staking options, and cross-chain functionality. Its extensive marketing efforts have contributed to its sustained visibility.

7. Dogwifhat (WIF)

WIF became a recognizable cultural meme within the Solana ecosystem. Its distinct visual identity — a dog wearing a hat — helped it gain widespread online traction, merch creation, and strong trading activity.

8. Brett (BRETT)

Brett is one of the most prominent meme coins on Base, rising quickly due to its relatable humor and strong community engagement. It remains a key token for users within the Base ecosystem.

9. Memecoin (MEME)

Backed by the team behind 9GAG and the Memeland ecosystem, MEME benefits from built-in community reach and global brand recognition. Its humour-centric approach drives strong engagement across social media platforms.

10. Popcat (POPCAT)

Inspired by the viral Popcat meme, the token has built a large and enthusiastic community. Its lighthearted branding and social-media-friendly identity have contributed to increasing liquidity and visibility.

Meme-coin trends continue to be shaped by culture, timing, community participation, and online virality. While long-standing tokens like Dogecoin, Shiba Inu, and Pepe maintain strong recognition, Apeing stands out for offering early-access participation through a live whitelist system — a feature that differentiates it within the current New Meme Coins landscape.