DOGE ——「Concerns Under the Crown of Payment」

$DOGE It is the pioneer of meme coins and the most well-known 'Dogecoin' in the global crypto market. With community culture and promotion by Musk, DOGE once became the first token for retail investors to enter the market, even being chosen by Tesla as an official payment option, reinforcing its position as the 'King of Payments.' However, DOGE's economic model adopts a fixed issuance model, adding approximately 5 billion tokens each year, which, in the long term, lacks scarcity, forming a strong contrast with the deflationary narrative of BTC or FLOKI. At the same time, DOGE lacks native smart contracts, limiting its value capture in DeFi and NFT ecosystems, relying more on bridging or external L2 to integrate into new narratives. Recently, the community is actively promoting ZK proof and layer-two solutions, and if successful, DOGE will not only be a payment medium but can truly enter the next stage of on-chain applications. (Price at the time of reporting: 0.24098)

SHIB ——「The Value Dilemma of the Ecological Empire」

$SHIB In just a few years, it has rapidly grown from a 'Dogecoin' to a massive ecological empire. Through Shibarium L2, it has built its own blockchain infrastructure and combined it with the decentralized exchange ShibaSwap, governance token BONE, and community DAO, forming a complete closed loop. However, the core issue is that the value capture of the SHIB token itself is not direct. The gas of Shibarium is mainly supported by BONE, and the value appreciation of SHIB still highly depends on the burning mechanism, with less linkage to application scenarios compared to FLOKI. Although its community is large and development activity is high, if SHIB cannot become the 'value-bearing core' within the ecosystem, its price may continue to be marginalized. The key to the future lies in whether it can truly introduce the massive ecological dividends into SHIB itself through accelerated burning or the introduction of new token economic designs. (Price at the time of reporting: 0.0000133)

FLOKI ——「The Counterattacker from Meme to Infrastructure」

$FLOKI In recent years, its evolution can be considered the most 'fundamental' among meme coins. Unlike dog coins that rely solely on community or narrative, FLOKI has launched practical products: Valhalla game, TokenFi (RWA/tokenization platform), FlokiFi Locker (decentralized locking tool). These applications not only increase token use cases but also allocate a portion of the revenue for repurchase and burning of FLOKI, forming a positive cycle of 'the more you use, the less supply there is.' Additionally, FLOKI has been listed on Binance and entered payment systems like Binance Pay and Alchemy Pay, making it one of the few meme coins that can truly serve as a payment asset. In terms of marketing, FLOKI has long collaborated with sports clubs and international events, exhibiting strong brand externality. Under the promotion of new narratives such as RWA, AI, and compliance (MiCA certification), FLOKI not only retains the high beta potential of meme coins but gradually moves towards a 'infrastructure-level' practical positioning. This is the main reason it can attract institutional and new capital attention. (Price at the time of reporting: 0.00010666)

（The above is for educational and market observation purposes only, not investment advice）