Ethereum News Today: Dogecoin Faces Growing Competition as Meme Coin Market Evolves

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 1:50 pm ET1min read
Aime RobotAime Summary

- Dogecoin (DOGE) remains the largest meme coin at $0.2048 with $31B market cap, with analysts forecasting potential $0.30–$1 gains in 2025 if bullish trends persist.

- Emerging competitors like LILPEPE ($0.0018) and PEPE ($0.0000106) challenge DOGE’s dominance through Ethereum Layer-2 tech, anti-bot mechanisms, and community-driven utility features.

- LILPEPE’s $14.7M presale and PEPE’s growing whale activity highlight shifting dynamics as newer projects blend meme culture with functional blockchain innovations to capture market share.

- The evolving meme coin sector prioritizes projects combining hype with low entry costs, Ethereum integration, and utility-driven mechanics to thrive in the 2025 bull run.

Dogecoin (DOGE), the original meme coin, continues to hold a prominent position in the cryptocurrency landscape as anticipation builds for a potential 2025 bull market cycle. Currently trading at around $0.2048 with a market capitalization of approximately $31 billion,

DOGE
remains the largest meme coin and ranks among the top 10 cryptocurrencies by market cap. Analysts suggest that if the expected 2025 bull run materializes, DOGE could see its price range between $0.30 and $1 by year-end, subject to broader market dynamics and key events [1].

The coin benefits from sustained community support, celebrity endorsements, and a strong cultural presence. Increased whale activity and ongoing backing from influential figures such as Elon Musk have contributed to rising trading volumes. Some market observers believe DOGE could even surpass its all-time high of $0.6905, set in May 2021, if bullish trends continue [1].

However, DOGE’s dominance faces growing challenges from emerging projects that are gaining traction. Among them, has attracted significant attention. Built on an Ethereum-friendly Layer-2 chain, LILPEPE addresses common issues with traditional meme coins such as high fees and network congestion. Its presale has raised over $14.7 million, with 91% of the total supply already sold. At a presale price of $0.0018, it has drawn early investors seeking substantial returns. Analysts predict LILPEPE could reach $0.10 to $0.50 by the end of 2025, representing a potential 50x return from its launch price. Its community-driven approach, anti-sniper bot mechanisms, staking rewards, and plans for a meme launchpad distinguish it from other projects [1].

Another contender is , which has a market cap of about $4.469 billion and a current price of $0.0000106. While volatile, PEPE shows signs of strong community growth and whale accumulation. Market observers note that PEPE could gain between 5x and 12x if its market cap expands to $20 billion to $50 billion. Its momentum is fueled by rising trade volumes and a growing narrative around Ethereum-based meme coins [1].

These developments highlight the evolving nature of the meme coin sector, where projects that combine hype with functional blockchain use are gaining an edge. While DOGE remains a cultural icon and a top meme coin, newer entrants like LILPEPE and PEPE are leveraging innovation, lower entry prices, and

Ethereum
Layer-2 technology to capture market share. Their focus on utility, alongside meme-driven appeal, positions them as strong competitors in the 2025 bull run [1].

[1] Source: CoinMarketCap

https://coinmarketcap.com/community/articles/6894e4e14e2eff6d789f4cb7/