The top meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE), are currently competing for dominance in the crypto market. Now, leading electric vehicle manufacturers Tesla and DeLorean Motors may enter the fray by backing their preferred crypto. Elon Musk, the CEO of Tesla, has publicly supported Dogecoin on multiple occasions, and Tesla even accepts DOGE for purchases. In response, DeLorean Motors hinted that it might support SHIB payments, which could significantly boost SHIB's adoption and popularity. The total market cap of the meme coin sector is currently $59.2 billion, with SHIB and DOGE dominating with valuations of $16.9 billion and $10.7 billion, respectively. In terms of price, DOGE is trading at $0.1158, while SHIB is trading at $0.00001831. Please note that this summary is for informational and educational purposes only and does not constitute financial advice.



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