This has been fascinating from a memecoin perspective—since it's had no clear schelling point.

Unclear ticker since the name wasn't known for a while. Search is bad since it's a porpoise not a dolphin.

The net result has been 3 memecoins that have inhibited each others value, even though the meme is viral.

which do you pick?

$hanbao: Hanbao the finless porpoise (the first one, but wrong ticker)
$miharu: smiling dolphin (first with right ticker, wrong animal)
$$miharu: miharu the smiling dolphin (the ticker has $ (?), more detail in name)

each have had peak market cap at some period

to me this shows that first to picture (and even liquidity) are not the only factors that matter to the market. 

the ticker is clearly important, and the market does seem to care about name accuracy.

Ticket is 80%, picture 20% of what resonates with people if I had to guess