Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are drawing renewed attention as some crypto commentators argue that the original meme coins are poised to benefit from a shift away from new coin launches.
"Until Someone Flips DOGE" In a series of X posts on July 26, commentator and market expert David Gokhshtein highlighted that investors are growing weary of chasing newly launched meme coins that often collapse shortly after debut.
Gokhshtein argued capital could rotate back toward projects with established communities and longer operating histories.
He noted that Dogecoin and Shiba Inu still account for nearly half of the meme coin market capitalization, adding that Dogecoin remains the benchmark for the sector.
"Until someone flips DOGE, it's still the standard every meme should be measured against," he said.
