Best Dog Cryptocurrency to Invest in 2023
Since Dogecoin’s value soared in the first few months of 2021, developers from all over the world have been hard at work creating their own new dog currency tokens.
Even though some ventures have ended in failure, we’ve researched the best dog crypto to buy in 2023.
These are dog-themed projects that potentially offer long-term value – especially considering the discounted prices on offer as per the crypto bear market.
Detailed Analysis of the 10 Best Dog Crypto Coins
Although we’ve offered a vaguely informative list of the top dog tokens, it’s likely that investors will need more information on each project.
With this in mind, we are now going to take a closer look at each of the 10 best dog crypto to buy in 2023.
This will shed light on what each project is aiming to achieve, as well as its market capitalization, road map, use cases, and much more.
1. Tamadoge – Overall Best Dog Crypto and Metaverse P2E Platform
Tamadoge is the overall best new dog cryptocurrency of [cur year]. This P2E game is reminiscent of the handheld Tamagotchi toy of the 90s, only in the age of blockchain. Players of Tamadoge may purchase NFT pets with TAMA tokens, the game’s native cryptocurrency.
The beta sale of TAMA tokens sold out very quickly, raising an impressive $5 million. However, investors looking to buy this dog crypto can still purchase TAMA on presale before the price increases. In the game itself, each pet has unique attributes, weaknesses, and strengths, which means they carry different values.
Additionally, the manner that players take care of their pets is also likely to have an impact on their value. That is to say, the better the player looks after their digital pets, the stronger and more valuable they become.
Players will be able to compete against one another in Tamadoge’s virtual world after these NFT pets reach adulthood. Winners move up the Tamadoge leaderboard and receive rewards in the form of TAMA tokens.
Players may then use TAMA to upgrade or buy more NFT pets from the Tamadoge marketplace or trade them for other cryptocurrencies. 5% of the TAMA utilized in each upgrade or transaction is taken out of circulation and burnt.
As such, TAMA is also deflationary. This supports the token price and ensures that the rewards pool is independent of speculation. Tamadoge is also worth looking at for those interested in the best metaverse crypto coins.
In order to implement its Tamaverse vision, the developers of TAMA tokens will investigate collaborations with top metaverse platforms in early 2023. Each pet will have a 3D avatar version that can be inserted into virtual worlds on a number of different platforms already in use.
Tamadoge is creating a platform-independent ecosystem because interoperability and extensibility are crucial for the development of the metaverse. Furthermore, a collection of P2E arcade games will be available by Q3 2023.
This project is also successfully building a strong community, known as the ‘Tamadoge Army’. This new dog cryptocurrency only joined Twitter in July 2022. By August 2022, Tamadoge had over 45,000 followers, which is impressive and shows that it’s heading in the right direction. TAMA also features on Tiktok and other social media platforms.
Finally, to ensure anti-rug pull and comprehensive project security, the team has been completely certified by Coinsniper. Moreover, Solid Proof’s exhaustive audit of the contract code demonstrated its complete security.
2. Shiba Inu (SHIB) – Popular Dog Coin With Exciting New Metaverse on the Horizon
Shiba Inu is a meme crypto project and SHIB, its native token, was created to compete with Dogecoin. This began as an experimental community-driven crypto project and named itself the Dogecoin-Killer on social media.
At the time of writing, SHIBA is among the most talked about top dog cryptos on Twitter, with almost 789,000 followers. On that subject, in a Twitter announcement in August 2022, the Shiba Inu team said that popular crypto exchange Binance had added SHIB to its list of supported tokens for its Visa Card (issued in Europe).
As such, investors who own a Binance card can now pay for goods and services using SHIB. The card is supported by more than 60 million retailers worldwide. Moreover, the project has struck up a partnership with Playside Studios to release a collectible card game (CCG) called Shib Eternity.
The first beta version of the game has been released to Vietnamese players for testing. This is partly because Vietnam is one of the leaders in the blockchain gaming industry. It’s thought the game will then be available to Indonesian users, followed by the rest of the world. Shiba Inu made numerous moves to advance the project in the first half of 2022.
This entailed using a variety of tactics, such as setting up a DAO organization to strengthen the local community. Additionally, Shiba Inu has partnered with virtual reality and visualization company The Third Floor, to develop an all-immersive metaverse.
The creators behind the Shiba Inu project claim that the Metaverse will include 100,595 pieces of land that users will create, buy and sell in the form of NFTs. The market cap of Shiba Inu at the time of writing is over $8 billion.
3. Dogelon Mars (ELON) – Meme Cryptocurrency With NFT Comic Book Series
The name Dogelon Mars is a play on Dogecoin and Elon Musk’s mission to conquer Mars. This project’s top dog crypto is ELON, which is an ERC-20 token built on the Ethereum blockchain. A quadrillion ELON tokens were available when the project was first launched.
However, 50% of the ELON liquidity was locked in a Uniswap liquidity pool by the Dogelon Mars founders. Additionally, Buterin (Ethereum’s co-founder) gave the Methuselah Foundation, a nonprofit medical charity, around 43% of the ELON tokens he was given.
This is both a dog crypto and a fictional character in a comic book series set on Mars in the year 2420. There is a full comic series available for purchase. Dogelon Mars NFTs are listed on the popular platform OpenSea. The Dogelon Mars project also has a large and passionate online community of supporters.
Dogelon Mars has over 650,000 followers on Twitter. Moreover, according to CoinMarketCap, at the time of writing, this dog coin has a market capitalization of just $200 million
4. Samoyedcoin (SAMO) – Solana Ecosystem Ambassador and Experimental Web 3.0 Community Coin
In 2021, while some of the best dog cryptocurrency projects were on the rise, Samoyedcoin (SAMO) was created. This token was developed in honor of crypto tycoon Sam Bankman-Fried and Solana Co-Founder Anatoly Yakovenko.
SAMO changed from a meme coin with no utility to an experimental Web 3.0 community token. The team cites the reason for this as a combination of things. This includes realizing the impact dog crypto tokens have on bringing in new market participants.
Additionally, the creators of Samoyedcoin realized the potential of online communities combined with the benefits of Solana, and the possibility of their project permeating the contemporary culture. Samoyedcoin is a meme token that modifies the traditional dog crypto formula in a few key ways.
Samoyedcoin is based on the historic wolf-like breed, Samoyed. This is unlike other dog projects that often choose the Shiba Inu breed. Additionally, SAMO is the first meme token ever to be released on the Solana network.
The fact that Samoyedcoin is issued on Solan sets it apart from other meme tokens as it’s one of the most powerful smart contract blockchains. At the time of writing, the market capitalization of Samoyedcoin is just $55 million.
5. Bone Shiba Swap (BONE) – Governance Token of the ShibaSwap EcoSystem
The ecosystem surrounding the aforementioned top dog crypto Shiba Inu is expanding quickly. Along with it, so is the number of investors participating. BONE acts as a governance token in the ShibaSwap ecosystem.
For anyone unaware, the Shiba Inu currency project’s native decentralized exchange (DEX) is called ShibaSwap. Furthermore, the Shiba Inu community decided on a significant update for BONE. This upgrade marks a turning point for the Shib Army, which is what the community of this project is called.
Moving forward, BONE can also be used to pay gas fees for the layer-2 Shibarium protocol. BONE tokens also play a prominent role in both farming and rewards in the Shiba Inu ecosystem. BONE hit a milestone in 2022 when the number of holders reached almost 55,000.
Rather than completely stopping BONE token production when it approaches the 230 million supply limit, the team intends to slow the BPB (BONE Per Block) by adopting a minting rate of 1 BPB. The market capitalization of this dog crypto at the time of writing is just $7 million.
6. Baby Doge Coin (BABYDOGE) – Meme Deflationary Token With Charitable Wallet
Baby Doge Coin is built on the Binance Smart Chain and is considered by some investors to be one of the best beginner cryptos to buy right now. Baby Doge Coin distributes 5% of each transaction to token holders. Another 5% is put into the system’s liquidity pool and burnt. This means that, like other dog projects on this list, it is a deflationary crypto asset.
This top crypto dog has various practical applications as well. The token enables users to spend their BABYDOGE using Coinpayments.net, an online payment provider. Additionally, there is a 2.2% charity wallet that is set aside for gifts to nonprofit organizations.
Furthermore, Baby Doge has its own Paw Wallet tracker and credit card. The card, according to the Baby Doge Coin platform, will be available on Android and iOS and allows users to load fiat via a bank transfer.
Not only that, but the Baby DogecCard promises the ability to buy and send crypto assets, and exchange them for fiat. The card will also use TextBit technology to allow the texting of Baby Doge Coin tokens anywhere in the world. According to the team, this will be achieved simply by providing a mobile number.
The market cap of Baby Doge Coin is at over $19 million at the time of writing.
7. Dogecoin (DOGE) – Original Meme-Token Cited as Practical Payment Solution
No best crypto dog list would be complete without the original meme token, and self-proclaimed ‘people’s cryptocurrency’, Dogecoin. This digital asset was created in 2013 to poke fun at the speculative world of cryptocurrency investing.
Things got serious for DOGE tokens in 2021. Dogecoin’s market capitalization went from just $250 million at the start of January 2021, to $85 billion in early May of the same year. This of course inspired the wide range of top dog tokens we see today.
Dogecoin is fundamentally the unintentional cryptocurrency movement that made retail investors smile. Additionally, it is a blockchain-based open-source peer-to-peer currency. More than this, though, is the Dogecoin ethos. The project is renowned for having a friendly community of loyal supporters.
Although not its original intention, Dogecoin now has a use case as a payment method. It is gradually being accepted by a slew of different businesses as a form of payment for products and services – including Tesla.
Dogecoin has a market capitalization of over $11 billion at the time of writing. This is up from $6 billion just two months prior.
8. Kishu Inu (KISHU) – Static Rewards Offered on Every KISHU Transaction
Kishu Inu has a minting platform and an NFT marketplace, and its native dog crypto token is KISHU. Moreover, through a crypto staking mechanism, Kishu Inu’s NFT marketplace allows users to lock up wrapped Ethereum in exchange for points.
The more than is bet, the more rewards that can be won. This leads to the distribution of rarer NFTs. Once an investor has accumulated enough points, they can exchange them for a Kishu Inu NFT. Points are, of course, accumulated over time.
It should be mentioned that there will be a 2% charge applied to any purchases made by investors through KISHU. That said, this ‘static rewards’ system means that 2% of each transaction’s redistribution charge can be collected by pre-existing KISHU holders to generate passive revenue.
The market capitalization of Kishu Inu is over $60 million at the time of writing.
9. SafeMoon Inu (SMI) – Community Driven Gaming and Meme Dog Token
The gaming, meme, and metaverse platform SafeMoon Inu is community-driven like many crypto dogs. Its native crypto asset – SMI, is an ERC20 dog token. Importantly, this token has no affiliation at all with either Shiba Inu or SafeMoon, which are entirely different projects.
Every transaction on SafeMoon Inu results in a 1% burn and a subsequent 1% distribution to holders. This rewards those that stay on board with the project and incentivizes long-term investors.
Holders of this crypto dog will also receive extra benefits from the future P2E metaverse gaming platform ‘SMI Play’.
There are daily rewards on the platform, which can be earned by using the in-game currency to mint NFTs. Any investor holding one million SSM will be entitled to one free mint per day.
SafeMoon Inu also has a collection of NFTs called Moonshot Voyage, which is available on the Altura NFT Marketplace via the Polygon network. At the time of writing, the market cap of Safemoon Inu is just over $3 million.
10. Vita Inu (VINU) – LightSpeed Dog Crypto With Zero Fees
The governance token for the ecosystem and broader Vite DAG network is called Vita Inu Coin (VINU), which was created in 2021. According to the Vita Inu platform, it is the world’s first cost-free, dog-themed meme coin with high TPS and smart contracts.
VINU wants to contribute to the development of enormous DAG ecosystems where different cryptocurrencies may flow freely, safely, and effectively by working with the Vite network. Furthermore, the Vita Inu metaverse is now under construction.
The so-called ‘Vinuverse’ will include NFTs and a complete VR world. VINU token holders will be able to roam around the Vinuverse with ease and take advantage of a number of benefits. This includes the VinuSwap Dapp, staking, prizes, events, products, and more.
At the time of writing, Vita Inu has a market capitalization of almost $5 million.
A History of Dog-Themed Cryptocurrencies
The first dog crypto was based on the well-known ‘doge’ internet meme featuring a photo of Kabosu, a Shiba Inu dog. Each meme had text in the foreground and was purposefully written in a style of broken English to reflect a sort of internal monologue.
The meme first gained popularity in late 2013 and was prominent in mainstream culture. In December of the same year, Dogecoin, a cryptocurrency based on the aforementioned Doge meme, was introduced.
Litecoin served as the basis for the currency. Unlike Bitcoin, the total amount of coins that may be created under the Dogecoin system is unlimited. As most crypto investors know, Dogecoin had a Shiba Inu as its logo before top dog cryptos were even a thing.
Given that Dogecoin was based on a dog meme, its developers thought it would appeal to people outside of the core Bitcoin audience and be amusing and lighthearted. Interest in this meme currency increased in 2021 as a result of tweets from Tesla CEO Elon Musk, artist Snoop Dogg, and others.
Dogecoin also continued to get attention from the general public. Following the sequence of tweets, Dogecoin had a 600% increase in value in January 2021. This was also spurred by the Reddit craze around GameStop at the time, which had become a meme stock after nearly going bankrupt.
Elon Musk, the CEO of Tesla, frequently said on social media that Dogecoin is his preferred cryptocurrency and still talks about it today. Crucially, there is an ongoing flurry of new dog coin cryptocurrency projects being developed almost weekly.
Why Investors Buy Dog Crypto
Some investors may still be wondering whether dog crypto coins are worth buying.
There are many reasons that investors choose to research the best crypto dog for their portfolio, some of which we’ve listed below.
Dog Crypto Projects are Increasing Utility
The first dog crypto – Dogecoin, had no utility whatsoever. Many of the crypto projects that followed have gone a different route, which allows investors to actually use their dog tokens.
- For instance, in the Tamadoge P2E metaverse game, users may create virtual pets that they can use for breeding, training, and teaching tricks.
- This is where TAMA tokens come in. These dog tokens can be used to buy in-game products in the shape of NFTs that they own and can use within the ecosystem.
Investors of TAMA can also use their crypto dog tokens to increase their chances of winning in battles by upgrading their pets and buying accessories and such.
Crypto Community Spirit
Retail investors have never been more present on social media as they are now. As such, cryptocurrency investors often find out about new projects via their preferred social media channel.
Thus, it makes sense that the bigger, more supportive, and welcoming a community is, the more likely it will beat the dog crypto competition.
Perfect examples of strong crypto communities are TAMA’s ‘Tamadoge Army’, DOGE’s ‘Shibes’, and SHIB’s ‘Shib Army’. Each has hundreds of thousands, if not millions of followers on social media.
Crypto communities help to raise awareness and engage others about the project they are passionate about.
In some cases, they also have a say about how the project is governed. These are global communities with a wide reach, which unites investors of all cultures and skill levels to support crypto projects together as one.
Volatility – Chance to Make Short-Term Gains From Dog Crypto Coins
Many investors looking for the best dog crypto to buy are doing so because they hope to make even a fraction of the profits seen by meme-focused traders in 2021.
See some examples below:
- Shiba Inu generated substantial profits for its investors in 2021
- An investor who allocated $100 to Shiba Inu tokens at the start of October 2021 and cashed out on the 27th would have been looking at gains of $939 on top of their initial $100
- In another example, let’s say the same investor purchased $100 of DOGE tokens at the start of January 2021
- If they cashed out their investment at the start of May in the same year, they would have made a profit of around $7,500
There are no guarantees, and even the best crypto dog in the market right now might not see such an extraordinary increase as this. That said, we think Tamadoge is the most promising dog cryptocurrency as it’s redefining blockchain gaming.
Not only that, but the TAMA beta sale sold out way ahead of time and raised $2 million in a matter of weeks. The community of this project is loyal and growing by the day – so watch this space.
Having said that, investors should always conduct thorough research and check the whitepaper of any dog crypto project they wish to get involved with.
How to Buy the Best Crypto Dog Tokens on Presale Today
As we mentioned, we found that Tamadoge is the overall best dog crypto to buy in 2023.
The beta sale sold out in record time but investors can still get TAMA at a discounted price on presale by following these 5 simple steps.
Step 1. Choose a Cryptocurrency Wallet
There are plenty of crypto wallets. However, MetaMask is one of the safest and easiest to use for newbie and intermediate investors.
The wallet supports over 450,000 crypto tokens as well as NFTs.
MetaMask can be downloaded to any cell phone or tablet device. MetaMask is also available as an extension on Firefox, Chrome, Brave, and Edge.
Step 2. Link the Wallet to Tamadoge Presale
After visiting Tamadoge’s website, look for the ‘Buy’ button on the main dashboard and click it.
Next, click ‘Connect Wallet’ and select the ‘MetaMask’ image.
Enter the amount of TAMA to buy at this point, which must be 1,000 or more tokens.
Investors can swap either Ethereum or Tether tokens to buy TAMA. Alternatively, the platform will accept fiat payments using credit or debit cards.
Step 3. Order TAMA Tokens on Presale
When the presale is over, head over to the Tamadoge platform and click ‘Claim’ to retrieve the purchased TAMA tokens.
Enter the Tamadoge contract address, which is 0x12b6893cE26Ea6341919FE289212ef77e51688c8, to add TAMA to the crypto wallet.
Today we’ve talked in great detail about the best dog crypto to buy right now – and Tamadoge came out on top. Although TAMA sold out its beta sale, investors can still purchase tokens at a discount during its presale phase.
This crypto dog project will appeal to a multitude of investors. Not only is it an NFT and P2E game that lets users train and breed dogs to earn rewards, but the Tamadoge ecosystem has many other layers.
This includes a metaverse, crypto giveaways, and, in the near future – P2E arcade games, and much more.
To remain up to speed with the most recent Tamadoge news, early investors can also join the Telegram group or follow the project on Twitter and other popular social media sites.