Could FIREPIN Token (FRPN) outshine Dogecoin (DOGE) and Shiba Inu (SHIB) in 2022?

There is a constant search for the next great thing by most investors. After a dramatic surge in 2021, in the cryptocurrency market, many people and many billions of dollars were shocked.

More than 17,000 different cryptocurrencies are now listed on CoinMarketCap, one of the most important listing platforms in the market. There are always new cryptocurrencies to be found with the beginning of a new year. FIREPIN Token is one of the more well-known of these (FRPN).

Inferno Extinguishes 2021 Dog Coins

Meme coins were one of the most popular forms of cryptocurrency last year. In keeping with their moniker, meme coins take their design cues from online puns and quips. The first meme coin was Dogecoin (DOGE). Software programmers started making fun of it as a prank in 2013. However, it was not until 2021 that it really began to take off. In May 2021, it rose to a high of $0.68, the highest point since January 1, 2018.

The Shiba Inu (SHIB), a dog-themed coin that launched in August 2020 and proclaimed itself the "Dogecoin killer," is now available. However, despite the fact that it did not kill DOGE, it was more expensive than the larger canine competition. It had climbed to an all-time high of $0.00008845 at the time of writing, a gain of over 70,000,000%.

Despite a poor start, DOGE and SHIB rebounded in 2022.

2022 had a bad start for both Dogecoin and Shiba Inu, despite their accomplishments in 2019. In January, DOGE plummeted by 22% and SHIB declined by 35%. February has gotten off to a better start than expected, which is good news for the meme currencies' proponents. Dogecoin (DOGE) is up 10%, and Shiba Inu (SHIB) is up over 50% since 2021, as the progress achieved then is beginning to bear fruit. By market cap, DOGE and SHIB are ranked 12th and 14th.

Inferno Extinguishes 2021 Dog Coins

Meme coins were one of the most popular forms of cryptocurrency last year. In keeping with their moniker, meme coins take their design cues from online puns and quips. The first meme coin was Dogecoin (DOGE). Software programmers started making fun of it as a prank in 2013. However, it was not until 2021 that it really began to take off. In May 2021, it rose to a high of $0.68, the highest point since January 1, 2018.

The Shiba Inu (SHIB), a dog-themed coin that launched in August 2020 and proclaimed itself the "Dogecoin killer," is now available. However, despite the fact that it did not kill DOGE, it was more expensive than the larger canine competition. It had climbed to an all-time high of $0.00008845 at the time of writing, a gain of over 70,000,000%.

Despite a poor start, DOGE and SHIB rebounded in 2022.

2022 had a bad start for both Dogecoin and Shiba Inu, despite their accomplishments in 2019. In January, DOGE plummeted by 22% and SHIB declined by 35%. February has gotten off to a better start than expected, which is good news for the meme currencies' proponents. Dogecoin (DOGE) is up 10%, and Shiba Inu (SHIB) is up over 50% since 2021, as the progress achieved then is beginning to bear fruit. By market cap, DOGE and SHIB are ranked 12th and 14th.

When it comes to cryptocurrencies, Shiba Inu demonstrates the value of being an early adopter and sticking with a project you are passionate about from the beginning. SHIB's January 2021 investment of $10 would now be worth an incredible $2,700,000 thanks to its February rebound, despite the fact that it dropped significantly at the start of the year. FIREPIN Token (FRPN) has the potential to follow in the footsteps of 2021's most popular coins, because to its increased functionality.

** Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of USA GAG nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

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