Former Goldman Sachs analyst Murad Mahmudov predicted that #Dogecoin , the top meme cryptocurrency, could be overtaken by another meme coin in 2024. He stated, "The biggest trick they played on you is to convince you that #DOGE cannot be flipped." This prediction has led to discussions about which meme coins might replace DOGE.Currently, Dogecoin is the only meme cryptocurrency in the top 10. Although Shiba Inu (#SHIB ) briefly surpassed Dogecoin in rankings in October 2021, Dogecoin quickly regained its lead and remains well ahead, with a market value of $15.3 billion compared to #SHIB's $8.3 billion.Other potential rivals, like Pepe (PEPE) and dogwifhat (WIF), are still far behind Dogecoin. Some experts argue that it's unlikely any meme coin will surpass Dogecoin soon because the gap is too wide. Additionally, Dogecoin is an inflationary cryptocurrency, meaning its supply increases over time, which helps reward miners and keep transaction fees low. This inflationary aspect gives Dogecoin an advantage over non-inflationary meme coins, helping it function better as a currency.
