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According to CoinGecko research, the residents of the United States seem the most interested in memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI), and Pepe Coin (PEPE). India and the United Kingdom rank respectively second and third.\u00a0<\/span><\/p>\n Despite being the first memecoin, DOGE has lost its leading position in numerous countries. Morocco is the only nation in the top 10 where Elon Musk\u2019s favorite digital asset captured the most interest.\u00a0<\/span><\/p>\n CoinGecko\u2019s study\u00a0<\/span>estimated<\/span> that over 23% of the global interest towards memecoins comes from the USA. The most popular such asset for locals is Shiba Inu (60.7%), followed by Pepe Coin (11.8%), Bonk, and Volt Inu.<\/span><\/p>\n Indians are close to the top, accounting for 20.3% of the overall craze. Shiba Inu is once again the token that generates the most interest, whereas Baby Doge Coin comes in second place.\u00a0<\/span><\/p>\n The United Kingdom \u2013 the only representative from Europe on the top 10 list \u2013 ranks third, making up about 16% of the global interest in memecoins. However, CoinGecko did not outline which assets are most desirable for Britons.<\/span><\/p>\n Floki Inu (FLOKI), which has been up by over 300% YTD, is another coin that people find intriguing. In fact, it is the most interesting one in the Philippines and Nigeria.\u00a0<\/span><\/p>\n PEPE \u2013 the recent sensation in the crypto sector \u2013 reaches the top in Canada, accounting for nearly 27% of the local interest. It saw the light of day in the middle of April and its market capitalization neared $1 trillion this week.<\/span><\/p>\n Dogecoin \u2013 the cryptocurrency created as a joke in 2013 \u2013 seems to have lost steam this year. It receives 61.1% of the interest in Morocco, making the African nation the only one where Musk\u2019s favorite token climbs up the leaderboard.<\/span><\/p>\n While investors appear to have new favorite memecoins, DOGE remains a fundamental member of the pack. Its price has gone up by 11% YTD, and it still has a place among the top 10 largest cryptocurrencies by market cap.<\/span><\/p>\n Elon Musk has been a frequent player on the DOGE scene. The South African entrepreneur, who acquired Twitter for $44 billion last year, temporarily <\/span>changed<\/span>\u00a0the logo of the social media platform into a picture of the infamous \u201cDoge\u201d meme last month. The digital asset soared 25% in the following hours.\u00a0<\/span><\/p>\n It won\u2019t be considered a surprise if Dogecoin surges in the future, considering Musk\u2019s plans to eventually <\/span>integrate<\/span>\u00a0DOGE payments on Twitter.<\/span><\/p>\nThe Trends This Year<\/span><\/h2>\n
DOGE Rises Despite the Diminishing Interest<\/span><\/h2>\n