The Bitcoin BTC/USD year-to-date surge of almost 60% captured most attention, but it paled in comparison to the massive gains of memecoins like Shiba Inu SHIB/USD, Dogecoin DOGE/USD, Dogwifhat WIF/USD and Bonk BONK/USD.

Benzinga took a look at what factors were driving this resurgence in memecoin prices and how established memecoins have a leg up on their new rivals.

Dogecoin’s Transformation Towards Providing Tangible Value To Token Holders

Even though Dogecoin launched in 2013, the largest memecoin by market capitalization was pursuing many technical developments to its blockchain infrastructure to expand its use cases beyond microtransactions.

The latest Dogecoin Core 1.14.7…

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