the thing with newest meme coin that arises after shiba inu and doge is that the money need to come somewhere, while the fact that shiba and doge hardly shaken from its current position with current market capitalisation thats quite large, i don't think the capital will escape either doge or shiba inu and move over to the newer meme coin.
indeed the newer meme coins are in general generating massive trend and hypes around but thats it nothing gonna sustain their continued rise for so long.
after all it all takes money to flow in, meanwhile with the case of shiba and doge, they both also got institutional investors which is definitely helpful.
Doge and Shiba Inu are directly supported by Elon Musk, who is currently in full control of the meme coin. Last year, Elon Musk tried to increase the price by giving Hype to these two meme coins, but currently the financial situation is unstable, so Elon Musk is more careful to make a decision. Coin memes have a very high risk, even though they offer many benefits.
I have seen directly or indirectly promoted DOGE coin by Elon Musk and it’s highly reflected in the doge market price after shilling by EM. But i don’t see any tweets about SHIBA INU i don’t know he silently supported it or not. Such MEME coin are too risky because of manipulation of someone, you know how much loses in DOGE & SHIB who's invested both of it in their high price.