What is the Next Shiba Inu? Top 10 Contenders in 2024

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Shiba Inu is a meme coin that has earned its place in the history books, peaking at a $32.84 billion market cap during the 2021 crypto bull run.

A mere $100 invested into $SHIB on January 1, 2021, would now be worth over $12 million. As a result, crypto investors are always on the lookout for which new crypto can provide explosive growth and become the next Shiba Inu.

Read our guide on the top coins that could replicate the success of Shiba Inu.

  • Multi-chain utility across 6 chains including Ethereum, Solana and Base
  • Staking rewards on Ethereum for presale buyers
  • Advanced bridging technology with Wormhole and Portal integration
Project Launched
April 2024
Purchase Methods
  • USDT
    USDT
  • ETH
    ETH
  • MATIC
    MATIC
  • BNB
    BNB
  • +1 more
  • 1 $SOL buys 10,000 $SLOTH airdropped to your wallet
  • Presale coin leveraging the recent success of $SLERF and $BOME
  • Targeting CEX listings on launch
Project Launched
March 2024
Purchase Methods
  • SOL
    SOL
  • New token with Learn to Earn (L2E) model with exclusive courses
  • Integration with BRC-20, opening the ability to build on top of the Bitcoin network
  • Stakers enjoy high staking rewards every Ethereum block
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • The 5SCAPE tokens unlock special in-game features
  • Brings VR capabilities into Web3 gaming
  • An ERC20 token that's compatible with existing Ethereum DeFi platforms and smart contracts
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • MATIC
    MATIC
  • Debit
    Debit
  • +2 more
  • A meme token with up to 257% in rewards
  • CEX listing and a play to earn game on the roadmap
  • Sponge V1 made 100x in 2023. Join V2 presale
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Gain exclusive airdrop points by buying and holding $SMOG
  • Conquer foes and reap rewards on the Solana blockchain
  • Secure your stake on Solana through a direct $SMOG purchase on Jupiter DEX
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • USDT
    USDT
  • Innovative blockchain-based electric vehicles project
  • The eTukTuk prototype is scheduled to be revealed in the first phase
  • opBNB will be used in tandem with BNB for scalability and reduce costs
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +1 more
  • New Bitcoin cloud mining with 'Stake to Mine' rewards mechanism
  • Users stake the native token in exchange for cloud mining credits
  • Mining credits are burned in exchange for cloud mining power, earning you Bitcoin
Project Launched
September 2023
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • MATIC
    MATIC
  • Debit
    Debit
  • +2 more
  • Dogecoin20 offers stake-to-earn features with huge rewards currently above 115% p/a
  • DOGE20 presale raised $2 million in its first week
  • PoS mechanics making it greener and more sustainable than PoW coins
Project Launched
March 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit

Our Picks for the Potential Next Shiba Inu 2024

  1. Dogeverse (DOGEVERSE): Top multi-chain meme coin, $825K raised in one day. Get 1,600% staking APYs.
  2. 5th SCAPE (5SCAPE): An immersive realm with ultra-realistic environments and next-generation VR hardware.
  3. Dogecoin20 (DOGE20): New meme coin with the potential to be the next Shiba Inu. Get 206% staking yields.
  4. Sponge V2 (SPONGEV2): The second coming of the best meme coin of 2023. Sponge V2 offers 185% staking yields.
  5. Smog (SMOG): A new Solana-based meme coin that claims to be awarding holders the greatest airdrop of all time.
  6. eTukTuk (TUK): A sustainable cryptocurrency project that is building EV charging stations for TukTuk drivers.
  7. Mollars (MOLLARS): A community-led initiative promoting financial equality and inclusion for merit and contribution.
  8. Dogecoin (DOGE): The crypto market’s first ever meme coin, launched in 2013. Inspired by the Shiba dog.
  9. Pepe Coin (PEPE): Pepe is a meme coin created in 2021 with deflationary mechanics. No buying or selling tax.
  10. Bonk (BONK): First dog meme coin on Solana. 50% of the supply was airdropped to Solana community members.

A Closer Look at the Best Coins Like Shiba Inu

Here you will find deeper insights into some of the potential crypto coins that can surge like Shiba Inu.

We analyzed a variety of projects from meme coins, VR GameFi projects, and AI Integrated blockchain protocols, looking deeper into project features, smart contract audits, and social community sentiment to identify potential tokens that can be the next Shiba Inu.

1. Dogeverse (DOGEVERSE): Top Multi-Chain Meme Coin, Get High Staking Yields 

Dogeverse ($DOGEVERSE) is the first multi-chain Doge token in the cryptocurrency space. Due to its multi-chain compatibility, staking yields, and recent presale success, Dogeverse has the potential to become the next Shiba Inu. 

PresaleofDogeverse 1 2

Firstly, Dogeverse token holders can connect with six different blockchains. The $DOGEVERSE token will initially be launched on Ethereum – since it offers security and wider adoption opportunities. Eventually, the token will be compatible with Binance, Polygon, Solana, Avalanche, and Base. 

Within just one day of the $DOGEVERSE presale launch, Dogeverse has raised more than $825K. Doge Day, which takes place on April 20th, can help create further hype for the cryptocurrency. 

From a total supply of 200 billion tokens, 30 billion tokens are being allocated for the presale. At the time of writing, $DOGEVERSE is priced at $0.00029 per token. The goal is to raise a hard cap of $17 million. 

StakingofDogeverse 2

Furthermore, this new Doge token also offers more utility than Shiba Inu. For instance, $DOGEVERSE can be staked to generate high APYs (Annual Percentage Yields). You can stake and generate 1,600% APYs. Nearly 1 billion tokens have already been locked on the staking mechanism. 

For these reasons, Dogeverse is one of the top Shiba Inu alternatives in 2024. For more information, go through the Dogeverse whitepaper and join the Telegram channel

Total Tokens200 billion
Tokens Available in ICO40 billion
BlockchainEthereum
Token typeERC-20
Minimum PurchaseN/A
Purchase WithUSDT, ETH, BNB, Credit Card

2. 5th SCAPE (5SCAPE): Evolving the VR GameFi Landscape with Immersive Gaming & Experiences

5th Scape is a new crypto project which is at the intersection of metaverse gaming and virtual reality. The project introduces a new suite of games, movies, animations, interactive e-learning, and digital experiences that have ultra-realistic, immersive environments created by VR technology.

The new entertainment ecosystem is bridging its native $5SCAPE token to the VR gaming ultrasphere, allowing users to play-to-earn $5SCAPE tokens.

There are several ways to be awarded tokens within the gaming realm, including gameplay time, completing specific objectives, or through community engagement incentives.

The $5SCAPE tokens can be utilized within the gaming realm to purchase exclusive content, buy add-ons, or obtain early access to new releases. The $5SCAPE tokens have full utility within the 5th Scape gaming ecosystem.

Best VR play-to-earn game

The project is currently holding an ongoing presale. Currently, the tokens are at the early contributor discount price of $0.00187 for 1 $5SCAPE.

Users can participate in this new crypto presale by swapping Ethereum, Matic, Binance Coin, or USDT. Alternatively, non-crypto native users can contribute via card payment which requires KYC.

3. Dogecoin20 (DOGE): Top New Meme Coin Offers High Staking Rewards

Dogecoin20 ($DOGE20) is a new meme cryptocurrency, likely to become the next Shiba Inu. While the name suggests that Dogecoin20 is yet another meme token with limited utility, the $DOGE20 token offers staking rewards to token holders.

Dogecoin20 homepage

Dogecoin20 supports staking rewards since it is built using the proof-of-stake consensus. This makes it far more sustainable than other meme coins like Dogecoin, which are built using the energy-intensive proof-of-work consensus. Furthermore, Dogecoin20 also offers a limited token supply of 140 billion tokens.

Since Shiba Inu has an infinite supply, it fails to create scarcity in the market. On the other hand, Dogecoin20 could see the price increase due to its limited supply. From the 140 billion token, 25% are currently being distributed for the presale. At the time of writing, Dogecoin20 is priced at only $0.000203 per token. In only a few weeks since the presale launched, Dogecoin20 has raised more than $4.4 million.

The current hard cap is set at $6 million. Another 15% of the token supply will be offered as staking rewards. Currently. interested investors can stake their tokens and generate up to 206% annual yields. More than 13.6 million tokens have been staked on the smart contract.

After the presale ends, Dogecoin20 will list on the Uniswap decentralized exchange. Stay updated with this cryptocurrency by reading the Dogecoin20 whitepaper and joining the Telegram channel.

4. Sponge V2 (SPONGEV2): The Second Coming of the 100x Meme Coin

SpongeV2 is a revamp of the record-breaking SPONGEV1 token which did a 100x price increase for early supporters. This upcoming meme coin is one to keep an eye on as it could become the next Shiba Inu if price action repeats.

The original Sponge is bridging over to the new V2 contracts with newly added utility. The project pioneers a new Sponge Racer play-to-earn game giving community members even more Sponge action and potential rewards for gameplay.

SpongeV2 also introduces new staking features with over 8 million SPONGEV2 tokens currently being staked in the smart contracts.

next shiba inu

Staking SPONGEV2 tokens currently offers 190% annual rewards if staking on Ethereum, with SPONGEV2 staked on Polygon offering over 950% APY. With these immense rewards available it comes as no surprise that the community sentiment is positive and a large portion of contributors are already staking.

SpongeV2 has announced that it expects to list on top-tier exchanges so for early contributors or users wishing to join the SpongeV2 community, it is the last chance to get involved and stake SPONGEV2 tokens before the official launch.

5. Smog (SMOG): The Greatest Solana Airdrop of All Time

Smog is one of the newest meme coins created on the Solana blockchain and claims to be offering “the greatest Solana airdrop of all time”. This new meme coin has major potential and could see explosive price action similar to the likes of Shiba Inu.

Smog rolled out its project with a fair launch with tokens available on Jupiter DEX or the Smog Official Website at the original price of $0.001419. Upon launch, CoinMarketCap shows that $SMOG managed to hit an all-time high of $0.09246, representing a huge 65x price increase.

$SMOG token holders have the opportunity to accumulate airdrop points and qualify for bounty rewards.

Airdrop farming has become widespread since 2023 with some people earning over $10,000 for simply participating in campaigns. Notably, Arbitrum airdropped nearly $2 billion worth of $ARB tokens to qualifying participants in 2023.

With this in mind, our expert analysts anticipate $SMOG as one of the best new cryptos to buy in 2024.

To learn more about Smog you can check out their litepaper or join their social communities on Telegram and Discord.

6. eTukTuk (TUK): Decreasing Carbon Emissions and Improving Air Quality with a Fleet of eTukTuks

eTukTuk is revolutionizing the sustainable transport sector with its focus on decreasing carbon emissions and improving air quality in developing nations. The project aims to reformulate transport systems by introducing a fleet of eTukTuks and a dedicated power grid.

In developing nations where Tuk-Tuks are a major contributor to harmful emissions, eTukTuk aims to pioneer change by making electric tuk-tuks affordable for the average driver. Moreover, to help foster this innovation, the company will introduce a network of power charging points across the city, and drivers will be able to use the $TUK token to power their vehicles.

The project also introduces a new take on play-to-earn with its Crazy Taxi-style game. Drivers can earn $TUK tokens for completing journeys in due time, and use these $TUK tokens within the project ecosystem. This includes paying for charging power, staking for extra rewards, earning discounts and extra perks.

The project has an ongoing presale, with over $2m raised at the time of writing. The current price of 1 $TUK is set to $0.027. Users can participate by swapping BNB, USDT, ETH, or via card payment with KYC.

Though not a meme coin like Shiba Inu, eTukTuk could well prove to be one of the best cryptocurrencies to invest in as it is disrupting a viable industry sector with measurable and achievable goals.

7. Mollars (MOLLARS): Community-Driven DAO Ecosystem with Merit-Based Rewards

Mollars describes itself as an ecosystem where the boundaries between gaming, economics, and community merge to create a decentralized, autonomous organization governed by its members.

The project promotes collective growth and communal evolution with community empowerment as a primary focus.

Best DAO presale

At the center of the Mollars universe is its native ERC20 blockchain token, $MOLLARS. The project is currently holding an ongoing presale having already sold over 1.5 million $MOLLARS. Users can participate in the presale by swapping Ethereum, Tether USDT, or via card payment with KYC. The current price of 1 $MOLLARS is set to $0.50, with the project having already raised over $700,000.

Our expert analyst team looked into the Mollars smart contract audit, which is provided by a leading blockchain security firm, Cyberscope. Both the Audit and Contract Security analysis results were over 90%, with the overall outlook of the smart contracts showing ‘low risk’ at 82%.

Mollars Smart Contract

Find out more about Mollars by joining the Discord community or follow the project on Twitter.

8. Dogecoin (DOGE): Crypto’s First Ever Meme Coin

Dogecoin has its merit as the first ever meme coin created in the cryptocurrency industry. Dogecoin has long been a favorite for meme coin enthusiasts, pioneering the most famously known dog-themed meme in the web3 sector.

best crypto meme coin

The Shiba Inu coin was initially birthed through the success of Dogecoin, which gained monumental popularity among crypto enthusiasts as far early back as the days of 4Chan and BitcoinTalk forums.

Despite sitting at around $0.003 in December 2020, the price of Doge soared above $0.60 just six months later amid an explosion of popularity for meme coins, giving holders gains of up to 200x.

Best meme coin to buy

With the attention they often attract online, meme coins always hold the potential to boom during a market bull run. Additionally, being the original meme token, Dogecoin comfortably falls into this category, and must still be considered one of the best meme coins to invest in today.

9. Pepe Coin (PEPE): Peaked at $1.6 Billion Market Cap with Historical 80x Pump

Pepe Coin is an ERC20-based crypto meme coin that has deflationary mechanics. The Pepe Coin theme is inspired by the Pepe the Frog character, created by Matt Fury and popularized in the 2000s.

The project founders were blunt in communicating that Pepe coin’s purpose is simply to compete against dog-themed coins such as Dogecoin and Shiba Inu.

best meme coin to invest

One of the key features of Pepe Coin is the no-tax policy, meaning that users will not be charged any slippage tax when buying or selling Pepe Coin.

The $PEPE token was launched in mid-April 2023, and by June it had made headlines as its price surged over 8000% within 24 hours, peaking its market cap at $1.6 billion.

Within days, $PEPE became the new popular meme coin amongst crypto investors and was launched on top-tier exchanges Binance and OKX.

Having reached a market cap of over $500m, Pepe Coin has made a name for itself and secured its position in the ranks of the best meme coins in the web3 space.

10. Bonk (BONK): First Dog-Themed Meme Coin on Solana

Bonk is the first Solana-based meme coin to adopt the dog theme. This crypto meme coin was launched in December 2022 “for the people, by the people”, with 50% of the total supply airdropped to the Solana community.

The $BONK token does not go further than simply being a meme coin, and aims to replicate the success of its Ethereum-based predecessors $SHIB and $DOGE. The main purpose of the token launch was to increase the liquidity on Solana DEXs and to create a community coin that can be used across Solana dApps.

Best solana meme coin

Bonk made history during the December 2023 bull run, which saw the price increase to an all-time high of $0.000025, giving some investors explosive returns of 50x within two months.

How to Find the Next Shiba Inu in 2024

To find coins like Shiba Inu that can explode, we cover some helpful tips below to assist your crypto journey.

Find new crypto presales

Looking for crypto presales is one of the easiest methods to find the next Shiba coin. Shiba Inu managed to give early investors a whopping 1000x price increase, proving that entering early always gives the best chance for explosive gains.

There are also bonus tokens available for early contributors, meaning you can get double or triple the amount of tokens purchased.

Should the project be successful and become popular among the wider crypto community, projects will aim to list on top-tier exchanges like Binance or Kraken. This will also lead to increased investor sentiment, ultimately increasing its market cap.

Use the Search Function on Social Channels

Twitter has long been a go-to platform for the crypto community, with projects using Twitter as one of their primary tools for marketing, project updates, new developments, and communicating other news that they wish the wider web3 audience to see.

Users can use the search function on Twitter by searching for particular hashtags such as #presale #newcrypto or #cryptocurrencyICO to find new crypto projects that have positive sentiment amongst the community.

shutterstock 573033001 e1708602750679

Observe Crypto Exchanges

Crypto exchanges are a reliable source of information for new crypto projects that could become the next Shiba Inu. Crypto exchanges tend to make announcements about new and upcoming listings and usually, you can find updates on their main website or their Twitter page.

Alternatively, users can scan Telegram chats or directly view the exchange’s Telegram Channel where they will usually post updates closer to the listing event.

Follow the Latest Crypto News

Staying in tune with what is happening in the market enables crypto investors to grasp market sentiment and potential opportunities. Several crypto-dedicated news outlets such as CoinTelegraph and CoinDesk publish daily news insights. Price aggregation platforms such as CoinMarketCap and CoinGecko are also great sources of information as they publish news insights daily.

A great tool to use to find the latest crypto news is the CoinMarketCap News Aggregator where you can find reposted snippets by the minute on the latest crypto news published by prominent and recognized web3 news outlets.

Web3 Security Measures – Our Highlight Tip

The world of web3 requires some form of technical know-how in aspects such as managing a crypto wallet, connecting to dApps, understanding layer 2’s, how to bridge and staking. All of these actions directly involve connecting one’s wallet to a decentralized application and interacting with its smart contracts.

It is a good rule of thumb to always visit dApps and web3 links via a project’s official website or main social media account. This will ensure that the site connected to is authentic, avoiding vulnerability as many dubious actors are finding new phishing methods through replication of dApps at a similar-looking web link.

shutterstock 1688474629 1 e1708602790491

Our Verdict on the Possible Next Shiba Inu Coin

To conclude our review of the next possible Shiba Inu coin, our expert analysts highlighted Dogeverse as a meme coin that can produce explosive returns.

This is a multi-chain meme coin that is compatible with six blockchains. Dogeverse can also be staked to generate high annual yields.

Methodology

Our expert analysts consist of a panel of five individuals, some of whom do not have in-depth knowledge of web3 and crypto markets. This allows our researchers to provide opinions without bias and can provide insights from an objective standpoint. This allows us to have a varied panel that is not influenced by any factors in the review process.

Which will be the next Shiba Inu?

Our expert analysts conducted thorough research into the various projects covered and have chosen $BONK token as the next potential Shiba Inu. This is due to the increased popularity in airdrops over the past year and the huge upside potential in participating.

Will Shiba Skyrocket in 2024?

In the event of a bull market stimulating an interest in meme coins, Shiba could see potential upside and price increases. Of course, past performance is never an indicator of future success, therefore, charting and technical analysis will play an important role in identifying the market sentiment.

What meme coin will explode in 2024?

Another meme coin that can explode is Dogecoin20. This new meme cryptocurrency is built on the Ethereum blockchain, and offers high staking yields. It has a limited token supply, which promotes scarcity in the long-term.

Is Bonk the next $SHIB?

Bonk has proven itself to be a popular meme coin among the Solana community. It is hard to say that it is the next Shib, however, if the project expands its reach it can perform well in the event of a meme coin rally.

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