13 Popular Dog-Themed Cryptocurrencies
Dog-themed cryptocurrencies have gained more attention in the past few months. Elon Musk has been part of this attention with his frequent references to Dogecoin.
While Dogecoin is a “meme coin,” its price hit $0.72 as its all-time high on May 8, 2021 resulting in a market cap of over $90 billion at the time! Dogecoin was created in 2013 and since then has inspired several other “imitation” coins that are dog-themed.
While Dogecoin remains the leader with its current market cap, some of the other popular dog-themed cryptos have gained attention from several celebrities and institutions. There are well over 20 dog-inspired coins out there, with some named the “baby” of some of the popular ones. But most of them still have low market caps and are yet to gain enough traction.
In this blog post, I will discuss 13 of the most popular dog-themed cryptocurrencies. I’ve listed them by market cap as of the publishing date of this post. Keep in mind, coins like Baby Dogecoin have a self-reported market cap so their market caps are different than their ranks on the popular sites.
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Table of Contents
1. Dogecoin (DOGE)
Number of Coins: 130.11 billion (current circulating and total supply)
When Formed: December 6, 2013.
Type of Coin: Altcoin.
Dogecoin is believed to be the first dog-themed crypto coin and is the reason several Doge fans created other doge-inspired coins. It was created by Billy Markus and Jackson Palmer, both software engineers, aiming to create a joke payment system.
In an interview, Jackson Palmer said the idea for the Dogecoin project was from two tabs on the internet he had open on his PC.
One of the tabs was a viral internet meme of a Japanese Shiba Inu “doge.” The other was a list of the newly added crypto projects to the market.
The coin was created to be “as ridiculous as possible,” but as it turned out, things didn’t go as they’d thought.
But the coin gained a majority of its traction from the support of influential personalities.
Elon Musk is the first name that comes to mind when Doge is mentioned, but there are others too. Dallas Mavericks owner, Mark Cuban, as well as Snoop Dogg, are other big names that support the coin.
Keep in mind, there is no limit to the number of Dogecoin that can be created.
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2. Shiba Inu (SHIB)
Number of Coin: Max supply of 1 Quadrillion with circulating supply of 497 Trillion
When Formed: August 2020
Type of Coin: Token
Shiba Inu is a token existing on the Ethereum blockchain. Their team has called the coin the “Dogecoin Killer.”
The coin’s founder is a mystery and only known as “Ryoshi.” Ryoshi has once said that the Shiba Inu Coin is “an experiment in decentralized spontaneous community building.”
Even though there’s no limitation to the number of Dogecoin units available, there’s a max supply of 1 Quadrillion for Shibu Inu Coins.
Both Dogecoin and Shibu Inu, like the rest of the meme coins, have increased significantly in value in recent months especially due to discussion and hype on social media.
Nevertheless, keep in mind that like every other cryptocurrency, Shibu Inu is a high-risk investment.
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3. Kishu Inu Coin (KISHU)
Number of Coin: 100 Quadrillion (max supply)
When Formed: April 2021
Type of Coin: Token
Kishu Inu Coin (KISHU) is another dog-themed cryptocurrency with a dog as its mascot. The coin is prominent among the newly created coins to rival Dogecoin. Technically, it is an ERC20 token on the Ethereum blockchain.
KISHU offers staking earnings. Just like Baby Dogecoin, it rewards its users depending on transactions.
There are exactly 100 Quadrillion KISHU coins in supply. And it has often been debated that the coin was created to deflate the big guy – Dogecoin. Even if that’s not possible at the moment, the coin still appreciates by every successive transaction.
Kishu Inu Coin deflationary mechanisms involve a redistribution system. 2% of each transaction is sent as a reward to holders. So, the more it is used, the more rewards are given.
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4. Dogelon Mars (ELON)
Number of Coin: 1,000,000,000,000,000 (Total Supply) and 486,867,033,865,492 (Circulating Supply)
When Formed: 2021
Type of Coin: Token
Dogelon is a fork of Dogecoin and was named after the capital city of Mars, Dogelon. The creator of this coin created it as an interplanetary currency, the first of its kind. The creator is a person with a great interest in making humanity a multi-planetary species. The coin is inspired by the group’s mission to Mars. He has a goal of bringing humans to Mars alongside him hence the launch of the coin.
50% of Dogelon’s tokens are sent to Vitalik Buterin, as a sign of peace, while the remaining 50% are permanently locked up in the Uniswap Liquidity pool. Dogelon is following in Shiba Inu’s steps by burning half of its supply to Buterin as a gesture of good faith. The other half is locked with Uniswap and put in ELON and ETH pair and permanently sealed.
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5. Floki Inu Coin (FLOKI)
Number of Coin: 1 trillion in circulation but unknown total supply
When Formed: Around time of Musk’s Tweet on June 25, 2021.
Type of Coin: Token
Floki Inu Coin quickly grew in popularity following a tweet from Elon Musk. On June 25, 2021, Musk mentioned in his tweet that he was naming his new dog – that just happened to be a Shiba Inu Dog – Floki.
And in only a matter of hours, not only did the price of Shiba Inu increase by around 25%, but the Floki Inu Coin increased by 3500%.
The Tweet brought the relatively unknown coin into the limelight and straight up to one of the top seven doge-inspired coins.
Floki Inu is a fringe cryptocurrency and like lesser-popular coins, is often highly volatile with a few holders being able to dictate the price.
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6. Doge Token (DOGET)
Number of Coin: 10,000,000,000 total supply with 7,910,000,000 in circulation
When Formed: December 6, 2013
Type of Coin: Token
Doge Token is described by both the creators and its users as a green and efficient version of Dogecoin. Doge Token was designed to provide low-cost transactions and high speed without compromising security.
Doge Token reached an all-time high of $0.022 on May 6, 2021. There are over 7.91 billion Doge Token in circulation with a maximum supply of 10,000,000,000 units.
One of the most common platforms where Doge Token is traded is on Stellar, which is one of the largest and fastest-growing blockchain platforms.
The Stellar platform can be audited in seconds making Doge Token a little bit more trustworthy than Dogecoin and less vulnerable to attacks.
7. Dogey-Inu (DINU)
Number of Coin: 1,000,000,000,000,000 (total supply) with 404,748,946,753,194 (circulating supply)
When Formed: 2021
Type of Coin: Token
A group of crypto enthusiasts came together to create and launch Dogey-Inu on Ethereum. It was a show of appreciation to Shiba Inu developers for “laying the groundwork for DeFi community building.”
Dogey-Inu comes with a 60% coin burn, a process aimed at removing crypto supply in the market to maintain value. Creators claim that the 60% coin burn rate will enable better price appreciation, larger market cap, and reduce powers of one party to rug-pull.
The procedure for trading in Dogey-Inu is very much similar to the rest of meme-coins. Clients visit Uniswap to purchase Ethereum so as to start trading. The coins are stored in the MetaMask wallet.
8. DogeCash (DOGEC)
Number of Coin: 15,302,920 current supply with 21,000,000 total supply
When Formed: October 2018
Type of Coin: Altcoin
DogeCash was launched in October 2018 and trades on multiple platforms. The coin is often traded in places that offer charitable contributions. DogeCash is different from Dogecoin since users can generate coins through the mining process.
The altcoin is a transparent and community governed coin aimed at preserving what makes the father coin (Dogecoin) unique.
It offers an alternative way for the average investor to be involved. And this is done via the creation of DogNodes, active governance, and use of Proof of Stake.
9. Baby Dogecoin (BABYDOGE)
Number of Coin: 50 Quadrillion circulating supply (stated by CoinMarketCap but not confirmed) and 420 Quadrillion total supply minus 125 Quadrillion burned
When Formed: June 1, 2021
Type of Coin: Token
Baby Dogecoin is another version of Dogecoin recently created by Dogecoin fans. It’s a meme-based, low-value cryptocurrency that has been getting social media hype from almost every corner, especially Twitter.
A lot of fans refer to it as “Dogecoin’s son” seeking to impress his father by displaying his new improved transaction speeds.
The Baby Dogecoin website explains that it’s super-deflationary with a smart staking system designed to reward buyers. It’s over 10x faster and has cheaper transaction fees than Dogecoin.
That means with each Baby Dogecoin transaction you make, more Baby Dogecoins are automatically added to your wallet. So, you just buy, pet (hodl) and watch the baby grow.
While this is listed as #3 as far as market cap, its market cap has not been verified by the large crypto sites. As of the publishing date of this post, CoinMarketCap reports that Baby Dogecoin claims its market cap is $257,470,500 with 50 quadrillion circulating supply of BABYDOGE.
10. EtherBone (ETHBN)
Number of Coin: 1,000,000,000 (Total Supply) and 201,835,529 (Circulating Supply)
When Formed: May 2020
Type of Coin: Token
DogData is a kennel organization based in Estonia founded in 2017. They created EtherBone as one of its range of rewards powered by blockchain and AI.
The organization has a goal of creating a global peer-to-peer dog ownership and management network to raise dog welfare practices. Dog owners and breeders registered with DogData are eligible to start earning EtherBone on the platform.
11. Corgi Inu (CORGI)
Number of Coin: 10,000,000,000,000 (Total Supply)
When Formed: May 2021
Type of Coin: Token
Corgi Inu is yet another crypto created from popular dog meme coins following in the footsteps of Shiba Inu and DogeCoin. 50% of the supply was locked away and 40% sent to Vitalik Buterin hence burning this fraction of the supply. 10% is distributed to wallets to give liquidity to Uniswap’s Corgi/ETH pool.
The token is peer-to-peer hence its success depends on the community spreading the word on the coin. Corgi Inu is relatively new to the market, which is a reason for its low valuation and missing stats. However, it seems to have great potential.
The Corgi Inu platform offers Corgi Swap services which will make it easier to trade its ERC20 tokens through creating a DApp that makes token swaps automatic. For those having difficulty navigating Uniswap, which requires a higher skill level, Corgi Swap is a potential solution.
12. Red Shiba Token (RSHIB)
Number of Coin: 1,000,000,000,000,000 (Total Supply)
When Formed: 2021
Type of Coin: Token
Red Shiba token was created to help homeless dogs and there is a percentage of tokens donated each month to an anonymously chosen charity.
Red Shiba is amongst the founding charity tokens on the BSC (Binance Smart Chain). All of the coins’ transactions go through a 5% automatic liquidity protocol and a 5% redistribution protocol to safeguard holders. Holders of the coins are therefore bound to increase their supply over time.
13. Yuki Inu token (YUKINU)
Number of Coin: 1,000,000,000,000,000 (Total Supply)
When Formed: May 2021
Type of Coin: Token
Yuki Inu was created in 2021 as the happiest meme coin on the market. It was inspired by Shiba Inu. Created as an experiment, it’s decentralized and community-driven. The token aims to allocate skills within the community. Each has a role in developing the coin and collectively agreeing on its future.
10% of the total supply has already been burned and sent to Japan. Yuki Inu has access to liquidity composed of BNB and YUKINU. There is a unique burn mechanism where 20% of daily liquidity is withdrawn and used to buy back and burn YUKINU tokens. Details and proofs of buy and burn are always posted on their social networks.
Conclusion
Well, I hope you learned some more information on these popular dog-themed cryptocurrencies.
Even though the other dog-themed coins were inspired by Dogecoin, some of them are quickly rising in the cryptocurrency market. They are gaining more traction by day and investors are looking beyond celebrity endorsements.
Let me know your thoughts or comments below.