Three memecoins in crypto’s top-20. What’s next for the sector?

There are three memecoins in the crypto top-20 by market cap: Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). What’s next for the sector?

Currently, there are three memecoins in crypto’s top-20 by market cap: Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).

Analysts from the traditional finance space have long expressed their skepticism about memecoins and predicted their imminent collapse. These predictions did not come true, and the sector continues to grow at a robust pace.

The numbers are truly impressive: Dogecoin’s market cap exceeds $50 billion, making it the seventh biggest cryptocurrency in the world. Dogecoin is bigger than the world’s second most popular stablecoin, USDC, which has a market cap below the $40 billion level.

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