Shiba Inu (SHIB) and Dogecoin (DOGE) have dominated the meme coin market in 2024, but a new contender, 1Fuel (OFT), is gaining momentum in the DeFi space.
Shiba Inu distinguishes itself with its ecosystem, including ShibaSwap decentralized exchange and token burning for deflationary purposes.
Dogecoin, the original meme coin, has gained popularity for microtransactions and tipping systems, but its future trajectory is uncertain.
1Fuel is emerging as a strong utility token with practical applications in DeFi and is becoming a top choice for long-term investments.