{"id":225848,"date":"2024-05-30T07:12:35","date_gmt":"2024-05-30T07:12:35","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/05\/30\/high-cap-meme-coins-dogecoin-and-shiba-inu-saturated-investors-are-jumping-ship-to-oracle-meme\/"},"modified":"2025-06-25T17:18:27","modified_gmt":"2025-06-25T17:18:27","slug":"high-cap-meme-coins-dogecoin-and-shiba-inu-saturated-investors-are-jumping-ship-to-oracle-meme","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/05\/30\/high-cap-meme-coins-dogecoin-and-shiba-inu-saturated-investors-are-jumping-ship-to-oracle-meme\/","title":{"rendered":"High-cap Meme Coins Dogecoin and Shiba Inu Saturated? Investors Are Jumping Ship to Oracle Meme"},"content":{"rendered":"

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Oracle Meme ($OMEME)<\/span><\/a> is a new meme coin with AI superpowers.\u00a0<\/span><\/p>\n

Rather than confining itself to the speculative charm of meme coins, Oracle Meme is coming with a Meme AI Generator, Meme Coin Generator, Meme Layer-2 Network, Meme Wallet, and Meme Launchpad.\u00a0<\/span>With the token now launched as a presale, the FOMO around it is high, hinting at a pump that will happen once it gets listed on exchanges.The community interest is similar to that of Shiba Inu and Pepe in their early days.<\/span><\/p>\n

Have Dogecoin and Shiba Inu Saturated?<\/b><\/h2>\n

Dogecoin and Shiba Inu rank the highest on the meme coin list. They boast massive market caps of $20B and $13B, respectively.<\/span><\/p>\n

To the outside world, their size may come across as shocking. But in the crypto market, meme coins are one of the most popular niches. For those who know how to handle them, they can be incredibly rewarding. And for those who don\u2019t, they can be trouble.\u00a0<\/span><\/p>\n

Investors late to the Dogecoin and Shiba Inu party are now in a similar dilemma. While both DOGE and SHIB have recorded substantial growth early this year, they have been descending the charts for the last few weeks.\u00a0<\/span>\u00a0<\/span><\/p>\n

\"Shiba\"Shiba<\/p>\n

Shiba Inu price action, source: CoinMarketCap<\/span><\/i><\/p>\n

The broader picture is even more disappointing.\u00a0<\/span><\/p>\n

Since Oct 28, 2021, Shiba Inu has recorded a 73.51% decline from its all-time high. For Dogecoin, the number is even worse, at 80.51%.\u00a0<\/span><\/p>\n

The long-term picture reveals that these meme coins have saturated. Their large initial market caps stand in the way of their growth. New investors expecting similar explosive growth are bound to be disappointed.\u00a0<\/span><\/p>\n

While it\u2019s unrealistic to expect Dogecoin and Shiba Inu to give returns in 6-digit ROIs again, they will continue to give attractive returns for strategic traders. After all, they rank first and second on the meme coin chart for a reason.<\/span><\/p>\n

But they are highly volatile, and thus prone to heavy losses for those who don\u2019t have clear entry and exit points mapped out.\u00a0<\/span><\/p>\n

Why Investors Are Jumping Ship to Oracle Meme<\/b><\/h2>\n

Investors are increasingly adding low-cap meme coins like\u00a0<\/span>Oracle Meme<\/span><\/a> to their portfolios this month. With interesting new themes and narratives, these meme coins show large growth potential.\u00a0<\/span><\/p>\n

For example, Oracle Meme ($OMEME) combines AI and meme coin elements.<\/span><\/p>\n

Conventional meme coins like Dogecoin and Shiba Inu primarily rely on speculative trading. Oracle Meme, on the other hand, is building a solid foundation for its long-term demand and price action based on market-relevant utilities.\u00a0<\/span><\/p>\n

Here\u2019s a glimpse of the Oracle Meme ecosystem:<\/span><\/p>\n