

Dogecoin and Shiba Inu coins have sparked a meme coin fanatic. Will it continue to soar in August?
Jul 11, 2025 pm 09:12 PMThe market potential of Dogecoin and Shiba Inu coins in August depends on several key factors. 1. The core driving force of Dogecoin lies in its strong social culture and celebrity effect, especially the influence of Musk's speeches, and the progress that may be integrated into the X platform payment system; 2. The key highlight of Shiba Inu Coin is its practical transformation, especially the main network online time, stability and adoption rate of Shibarium Layer 2 solution; 3. Overall market sentiment, if mainstream currencies such as Bitcoin remain stable or rise, it will be beneficial to the performance of Meme Coin; 4. The popularity of social media and narrative competition, including whether the new Meme Coin is diverted to funds, will also affect the trend of both.
Meme coin phenomenon: more than just a joke
Meme Coin is a digital asset that originates from internet memes or social hot jokes. Unlike traditional projects, their initial value usually does not depend on complex technologies or clear application scenarios, but is rooted in community consensus and viral network transmission. This unique cultural attribute makes it extremely sensitive to market sentiment and social media dynamics, and often shows huge price fluctuations in a short period of time.
Global Security Regular Exchange Official Website
- Binance Binance: ()
- Ouyi OKX: ()
- Huobi: ()
- Gate.io Sesame Opening: ( )
The core highlights of the two protagonists
Dogecoin (DOGE): The community power of the originator of memes
As the pioneer of Meme Coin, Dogecoin has a large and extremely loyal global community. Its main advantage lies in its wide popularity and strong cultural symbolic status. Dogecoin's price trend is largely affected by the celebrity effect, especially Elon Musk's remarks on social platform X (formerly Twitter), which often directly trigger violent fluctuations in its prices. For August, any rumors or progress about Dogecoin being integrated into the X platform payment system will be its most important potential catalyst.
Shiba Inu Coin (SHIB): Challenger of Ecological Construction
Shiba Inu Coin has positioned itself as a "dogcoin killer" since its inception, but it has not stopped at a simple meme label. The SHIB team has been committed to building a complete ecosystem, including a decentralized trading platform, a meta-universe project and the highly anticipated Layer 2 solution, Shibarium. The official launch of Shibarium is regarded as the most critical positive event for SHIB in August. It aims to reduce transaction costs, increase processing speeds, and provide a foundation for the development of in-ecological applications, which is considered a key step in driving SHIB's transition from pure memes to practical tokens.
Key factors affecting August trends
Whether Dogecoin and Shiba Inu can continue their rise in August depends on the following core levels:
- Overall market sentiment: The overall health of the macro crypto market is the basis. If mainstream assets such as Bitcoin remain stable or rising, it will provide a more favorable capital environment for high-risk assets such as Meme Coin.
- Key technological progress: For Shiba Inu Coin, the launch time, stability and initial adoption rate of Shibarium mainnet are decisive factors. A successful release may ignite market enthusiasm, but otherwise it may lead to the spread of disappointment.
- Celebrity effect and community popularity: Dogecoin prices remain highly dependent on the voices of key opinion leaders . The popularity of discussions about DOGE on social media is an important indicator for measuring market sentiment.
- Narrative and Competition: Whether the market will continue to pursue "meme" narratives, and whether there are new and more attractive meme coins that have diverted funds, is also an important variable that affects their performance.
Summary and prospect
In short, the market performance of Dogecoin and Shiba Inu in August will be a contest between "narrative" and "substantive". The highlight of Dogecoin is its powerful cultural symbols and potential platform adoption stories, while Shiba Inu's future bets more on whether the Shibarium ecosystem can be successfully implemented and produce practical benefits.
For market observers, rather than predicting specific rises and falls, it is better to pay close attention to the progress of the catalyst events mentioned above. The volatility of meme coins means that opportunities and risks coexist, and their price changes are often rapid and violent. In the future, whether such assets can prove their long-term value through construction of practical applications will be a question that the entire meme coin sector needs to answer together.
The above is the detailed content of Dogecoin and Shiba Inu coins have sparked a meme coin fanatic. Will it continue to soar in August?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

1. Ordinary users can purchase Ethereum through mainstream digital asset trading platforms such as Binance, Ouyi OK, HTX Huobi, etc. The process includes registering an account, identity authentication, binding payment methods and trading through market or limit orders. The assets can be stored on the platform or transferred to personal money sacrificial pie; 2. Ethereum has no fixed issuance limit, with about 72 million initial issuance, and it is continuously issued through the PoS mechanism and the destruction mechanism is introduced due to EIP-1559, which may achieve deflation; 3. Before investing, you need to understand the risk of high volatility, enable two-factor verification to ensure account security, and learn asset custody methods such as hardware or software money sacrificial pie; 4. Ethereum is the core platform of decentralized applications, DeFi protocols and NFT ecosystem, supporting the operation of smart contracts and promoting digital asset rights confirmation and flow

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network pledge, and you can choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research, to

1. First, ensure that the device network is stable and has sufficient storage space; 2. Download it through the official download address [adid]fbd7939d674997cdb4692d34de8633c4[/adid]; 3. Complete the installation according to the device prompts, and the official channel is safe and reliable; 4. After the installation is completed, you can experience professional trading services comparable to HTX and Ouyi platforms; the new version 5.0.5 feature highlights include: 1. Optimize the user interface, and the operation is more intuitive and convenient; 2. Improve transaction performance and reduce delays and slippages; 3. Enhance security protection and adopt advanced encryption technology; 4. Add a variety of new technical analysis chart tools; pay attention to: 1. Properly keep the account password to avoid logging in on public devices; 2.

Binance APP is a world-leading digital asset service application, providing users with safe and convenient trading experience and comprehensive market information. Through its official mobile client, users can grasp the latest market trends, manage personal digital assets, and conduct diversified trading operations anytime and anywhere. This article will introduce in detail how to obtain and install the Binance APP through official channels, as well as its core functions and usage techniques, to help users use the platform safely and efficiently.

First, download the Binance App through the official channel to ensure security. 1. Android users should visit the official website, confirm that the URL is correct, download the Android installation package, and enable the "Allow to install applications from unknown sources" permission in the browser. It is recommended to close the permission after completing the installation. 2. Apple users need to use a non-mainland Apple ID (such as the United States or Hong Kong), log in to the ID in the App Store and search and download the official "Binance" application. After installation, you can switch back to the original Apple ID. 3. Be sure to enable two-factor verification (2FA) after downloading and keep the application updated to ensure account security. The entire process must be operated through official channels to avoid clicking unknown links.

First, choose a reputable trading platform such as Binance, Ouyi, Huobi or Damen Exchange; 1. Register an account and set a strong password; 2. Complete identity verification (KYC) and submit real documents; 3. Select the appropriate merchant to purchase USDT and complete payment through C2C transactions; 4. Enable two-factor identity verification, set a capital password and regularly check account activities to ensure security. The entire process needs to be operated on the official platform to prevent phishing, and finally complete the purchase and security management of USDT.

First, choose a reputable digital asset platform. 1. Recommend mainstream platforms such as Binance, Ouyi, Huobi, Damen Exchange; 2. Visit the official website and click "Register", use your email or mobile phone number and set a high-strength password; 3. Complete email or mobile phone verification code verification; 4. After logging in, perform identity verification (KYC), submit identity proof documents and complete facial recognition; 5. Enable two-factor identity verification (2FA), set an independent fund password, and regularly check the login record to ensure the security of the account, and finally successfully open and manage the USDT virtual currency account.

Currently, JD.com has not issued any stablecoins, and users can choose the following platforms to purchase mainstream stablecoins: 1. Binance is the platform with the largest transaction volume in the world, supports multiple fiat currency payments, and has strong liquidity; 2. OKX has powerful functions, providing 7x24-hour customer service and multiple payment methods; 3. Huobi has high reputation in the Chinese community and has a complete risk control system; 4. Gate.io has rich currency types, suitable for exploring niche assets after purchasing stablecoins; 5. There are many types of currency listed on KuCoin, which is conducive to discovering early projects; 6. Bitget is characterized by order transactions, with convenient P2P transactions, and is suitable for social trading enthusiasts. The above platforms all provide safe and reliable stablecoin purchase services.