Dogecoin or DOGE as it is popularly known was once the most popular meme coin. That said, projects that are relatively newer in the crypto-market such as Mpeppe (MPEPE), and Shiba Inu (SHIB) are giving stiff competition, especially in Mobile Gaming, and Online gambling markets.

As these projects are reaching out to more people, Dogecoin may struggle to keep up.

Shiba Inu and Mpeppe's Bold Move into Mobile Gaming

Shiba Inu and Mpeppe have officially penetrated the realm of the mobile gaming sector. Interestingly, Dogecoin has not tested venturing into this industry and this might be the cause of its downfall against the two meme coins.

This shift to real-world utility is a significant step, offering users a tangible reason to use these tokens beyond simple speculation or trading.

While Dogecoin remains a popular meme coin, largely driven by community hype and celebrity endorsements, it lacks the utility that Shiba Inu and Mpeppe are introducing, according to Bitcoinist. By focusing on mobile gaming utilities, SHIB and MPEPE are providing a real-world demand for their tokens, which could lead to long-term value growth and adoption.

Leveraging Meme Culture for Growth

Both Shiba Inu and Mpeppe have cleverly used viral meme culture to build their communities, much like Dogecoin did. However, they've gone a step further by giving their tokens real-world use cases. Mpeppe (MPEPE), for example, has generated excitement within the online gambling community, attracting a blend of entertainment-seekers and investors who see potential for financial returns.

Shiba Inu (SHIB) has similarly benefited from its viral popularity but has also introduced features like mobile gaming and staking, which keep its community engaged. This evolution shows that Shiba Inu is not just another meme coin riding the wave of social media popularity. It's actively working to provide additional value for its users-a strategy that Dogecoin has yet to fully embrace.

Mpeppe Casino: Instant Rewards for Players

One of the best features of Mpeppe (MPEPE) is its unique online casino. Unlike traditional casinos, Mpeppe Casino allows players to earn instant rewards using $MPEPE and other cryptocurrencies. This feature is a game-changer, providing an interactive and financially rewarding experience that Dogecoin doesn't offer.

By enabling players to earn rewards in real-time, Mpeppe creates a more engaging experience, merging entertainment with financial gain

Shiba Inu is also coming up with solutions by targeting in-game economies through the staking of tokens and earning from games.

Integrating gaming with decentralized finance or DeFi provides the players with different opportunities to engage in the platform and create value in the long run.

Why is Dogecoin Lagging Behind?

Nonetheless, for the past two years, Dogecoin (DOGE) has not gained much ground in gaming, particularly mobile gaming, or the online casino industry. Mpeppe, as well, has been able to quickly integrate within these industries, contrary to Dogecoin which has not developed real-world use cases for its tokens for Shiba Inu.

Dogecoin is a cryptocurrency that relies on social media traction and support from celebrities so, while it doesn't have practical use applications, it is failing.

Due to the absence of usefulness, it becomes less preferable for usage hence it is going to be cancelled out by the other features being worked on by Shiba Inu and Mpeppe.

New Era of Meme Coins

It's clear that meme coins are not a one-dimensional joke anymore and with Shiba Inu and Mpeppe leading the pack, it's evident that meme coins are unlike any other phenomenon of the past.

One of their major expansions in this regard is in mobile gaming and online gambling in which their tokens will be used in different ways to engage the users as well as investors.

Since these projects are still evolving these utilities pose a perfect investment opportunity for those who want to invest in different fields apart from gaming and DeFi.

Dogecoin, is a meme currency, and it must evolve past this if it's going to survive in this continuously evolving market.

In other news, the legal case charging Elon Musk and Tesla with defrauding several investors in Dogecoin was declared inactive last month, as per Teslarati.