International Dog Day, celebrated worldwide on August 26, is a special day to celebrate the presence of dogs in our lives and appreciate their company.

The cryptocurrency space also has a special affinity for these cute little animals, thanks to the numerous popular dog-themed memecoins that have emerged in recent years.

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However, these memecoins have not only captured the hearts of investors but also their wallets as some of them have brought huge profits to their investors.

With that in mind, let’s take a look at which dog-inspired tokens have gained the most this year.

Best “Purse” Shapers of 2024: Memecoins have seen a resurgence this year, helped by a significant rise in the broader cryptocurrency market.

Solana USD/CHF-based Subscribe was the biggest gainer of the year at the time of writing, returning a whopping 1106% to its investors. The coin was one of only six meme coins with a market cap of over $1 billion.

Flokithe coin, named after Tesla Managing Director Elon Musk’s Shiba Inu dog came in second place by a large margin. ether ETH/USD-based tokens have risen 274% since the beginning of 2024.

Blue-chip dogecoins have also seen healthy gains this year. The first memecoin Dogecoin rose by 21.42%, while Shiba-Inuwhich followed in its footsteps, has seen a 44% increase since the beginning of the year.

Solana-based Bonk was another billion-dollar memecoin that performed admirably with a 40% increase.

What’s next: The upcoming Benzinga Future of Digital Assets event on November 19 is expected to shed more light on this controversial but increasingly influential sector of the digital economy.

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Photo by Dennis Diatel on Shutterstock