Although new Meme coins emerge in an endless stream, in the market landscape of 2025, there are three "representative" Meme coins of the old, middle and young generations that still firmly occupy the public's field of vision: Dogecoin (DOGE), which is firmly in the arena, Shiba Inu (SHIB), which builds a complete ecosystem, and Trumpcoin (TRUMP), which has a strong political narrative. These three represent three typical paths of Meme coins in the current crypto narrative, and are also the vane that investors cannot ignore when observing this track. Dogecoin (DOGE)-the veterans of the Meme world still hold their ground No matter how the market changes, Dogecoin always plays the role of "ancestor" in the Meme universe. Although the current price of DOGE is hovering around $0.15, and the increase is no longer as high as that of newcomers such as WIF and PEPE, it still has the widest retail support and the strongest social currency foundation. The biggest advantage of Dogecoin lies in its "native brand power": it is not only one of the earliest popular Meme coins, but also the only Meme currency that has truly entered the mainstream vision. It also has the support of Elon Musk. As long as he occasionally likes or makes a joke, it is enough to cause a commotion in the market. Although DOGE is no longer an explosive asset, its potential in the payment integration scenario is still worth paying attention to. Recently, there have been endless rumors about the integration of DOGE and the payment function of the X platform. Once Musk fulfills his early idea of "making Dogecoin the default payment currency of the X platform", his narrative engine will be ignited again. In the short term, the possibility of DOGE rising sharply is limited, but as a safe haven for funds or a stable bottom position for the Meme market, there is still a 20%~30% band space, which is a representative of Meme coins that are more inclined to "stable speculation". Shiba Inu (SHIB) - From a joke to a gorgeous transformation of an ecological behemoth SHIB is no longer just a "copycat Dogecoin", but has gradually evolved into a multi-dimensional ecosystem. At present, SHIB has built a complete set of infrastructure around itself, including ShibaSwap (DEX), Shibarium (L2 solution) and NFT platform. SHIB is also accelerating its transformation from "emotional coin" to "functional coin". This transformation has given it new vitality and attracted the attention of some long-term investors. However, SHIB still faces some practical problems: compared with Dogecoin, it lacks symbolic brand sentiment; compared with newcomers such as LILPEPE, BEN, and PEPE, it lacks short-term explosive points and hype. In other words, it is neither the most OG nor the hottest. But this does not mean that SHIB has no potential for explosion. Once the community promotes large-scale token destruction activities or accidentally reaches cooperation with large platforms, it may become the "detonator" for its price to take off. After all, SHIB still has the world's top few Meme communities, and the real consensus has never been maintained by topics, but by the power of the masses. The current price is around US$0.000011, which is in the long-term support area, suitable for gradual position building and waiting for catalysis. Trump Coin (TRUMP) - a currency with high risk, high volatility and high attention Among all meme coins, TRUMP is undoubtedly the most controversial, the most topical and the most unpredictable. Its price is not driven by fundamentals, but by "news headlines": a Trump speech, a tweet, an election debate, can all cause its price to fluctuate violently. The current market value is about 1.7 billion US dollars, and the price of the coin is sideways between 8.7 and 9 US dollars, as if ready to usher in the "next plot climax" at any time. The biggest feature of TRUMP is: it is highly political and has great hype space. It has almost nothing to do with the actual application of the crypto market, but it has attracted a large number of atypical investors to enter the market with Trump's endorsement, election hype and social media frenzy - this is also a new narrative mode in itself. As the 2024 US presidential election enters a white-hot stage, TRUMP is likely to enter the hype climax again. **It is not a value investment target, but it is definitely a top tool for emotional cycle speculation. **Of course, this high volatility also means that it is more suitable for short-term strategies rather than long-term holding. Summary: A triple battle of "identity, application, and topic" In 2025, Meme coins are no longer just a story of "funny expressions + soaring market value", they are moving towards a diversified evolution path. Which narrative you want to follow depends on whether you pursue emotions, beliefs, or patience.