Dogecoin (DOGE) was the first meme coin and has gained a large following. Several other meme coins, such as Shiba Inu (SHIB), FLOKI, and Milo Inu, were inspired by DOGE and aimed to achieve the same popularity. However, with the recent surge in popularity of AI crypto, Avorak AI might outpace these meme coins. SHIB is an ERC-20 token primarily used for transactions on the ShibaSwap decentralized exchange. FLOKI was created in homage to Dogecoin and launched in 2021.