Dogecoin's Bigger And Better Version? Popular X Account Touts This Crypto As 'Next Generation Of Memecoins'

Benzinga_recent_news05-11

WallStreetbets noted in an X article that while DOGE pioneered the meme culture and brought in interest and liquidity, it failed to convert that surge into lasting dominance. “There was no coordinated...

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Popular X Account Touts This Crypto As 'Next Generation Of Memecoins'","media":"Benzinga_recent_news","content":"<div>\n<p>WallStreetbets noted in an X article that while DOGE pioneered the meme culture and brought in interest and liquidity, it failed to convert that surge into lasting dominance.\n“There was no coordinated...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/05/52439081/dogecoin-next-generation-memecoin-crypto\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin's Bigger And Better Version? 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Popular X Account Touts This Crypto As 'Next Generation Of Memecoins'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-11 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/26/05/52439081/dogecoin-next-generation-memecoin-crypto><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WallStreetbets noted in an X article that while DOGE pioneered the meme culture and brought in interest and liquidity, it failed to convert that surge into lasting dominance.\n“There was no coordinated...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/05/52439081/dogecoin-next-generation-memecoin-crypto\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/26/05/52439081/dogecoin-next-generation-memecoin-crypto","article_id":"2634774834","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/05/11/Dogecoin-Doge-Isolated-On-White-Backgrou.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/crypto/cryptocurrency/26/05/52439081/dogecoin-next-generation-memecoin-crypto","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2634774834","pubTimestamp":1778478540,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"A widely followed trading-focused X account presented a bullish thesis on Sunday, positioning PENGU—the token tied to the Popular NFT brand Pudgy Penguins—as the next evolution of memecoins, surpassing Dogecoin (CRY","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","GDOG":"Grayscale Dogecoin Trust ETF","SOCL":"社交媒体ETF-Global X","BWOW":"Bitwise Dogecoin ETF","LU0106831901.USD":"贝莱德世界金融基金A2","BPOP":"大众银行","DOJE":"REX-Osprey™ DOGE ETF","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","TXXD":"21Shares 2x Long Dogecoin ETF"},"translate_title":"Dogecoin更大更好的版本？流行的X帐户将这种加密货币吹捧为“下一代模因币”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BPOP":1.5,"TXXD":1.5,"DOJE":1.5,"BWOW":1.5,"GDOG":1.5,"SOCL":1.5},"content_text":"WallStreetbets noted in an X article that while DOGE pioneered the meme culture and brought in interest and liquidity, it failed to convert that surge into lasting dominance.\n“There was no coordinated effort to turn it into a global consumer brand. No retail footprint,” WallStreetbets stated. “No ecosystem designed to expand its reach beyond the internet.”\nThe Dogecoin Foundation, a non-profit supporting the development of the Dogecoin ecosystem, didn’t return Benzinga’s request for comment.\nIt’s worth noting that HC Sierre, an ice hockey team in the Swiss League, prominently features DOGE logos on jerseys and helmets. The team is sponsored and part-owned by House of Doge—the official corporate arm of the Dogecoin Foundation.\nIn March 2025, the House of Doge and the Dogecoin Foundation partnered with driver Devlin DeFrancesco to bring Dogecoin to the Indianapolis 500, featuring the mascot on the car to raise funds for a children’s hospital.\nTo the contrary, PENGU, they argued, is one of the “clearest examples of what the next generation of memecoins can become.”\nWallStreetbets said PENGU capitalizes on Pudgy Penguins’ existing cultural reach, highlighting appearances on the Exosphere, the massive exterior LED display of the Sphere in Las Vegas in December.\nNote that Pudgy Penguins also launched a cryptocurrency debit card, called PENGU card, earlier this year, which is powered by payments giant Visa Inc.\nWallStreetBets also drew attention to the proposed PENGU ETF, reflecting mounting interest from institutional investors.\nWhile WallStreetBets acknowledged a big gap between DOGE and PENGU in terms of market valuation, they viewed it as “temporary” because markets price “trajectory” and “future potential.”\n“PENGU is proving that a meme can become something much larger: a living, evolving social currency embedded in culture, commerce, and global distribution,” they added.\nThe subreddit explicitly stated that it doesn’t have an associated X account.\nScreenshot from r/WallStreetBets\nPrice Action: At the time of writing, DOGE was exchanging hands at $0.1090, up 0.47% over the last 24 hours, according to data from Benzinga Pro. PENGU traded down 3.93% at $0.01018 at last check.\nNOtably, PENGU has outperformed DOGE in 2026 thus far, with gains of more than 17% compared to DOGE’s 7% loss.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nPhoto Courtesy:ihrinmoisuc on Shutterstock.com\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2634774834","isCrawlerRequest":true}