Release: 2024/10/13 20:34 Reading: 358
Memecoins Surge in Popularity, Dominating Crypto Market
According to CoinGecko, memecoins have gained significant traction, with nine now ranking among the top 100 cryptocurrencies by market capitalization. These coins, known for their playful origins, continue to attract investors and wield considerable influence.
Dogecoin Remains King
Dogecoin (DOGE) leads the pack of memecoins, boasting a market capitalization of $16.27 billion, placing it 9th overall. Its current trading price is $0.1114, indicating a 0.6% gain in the past 24 hours and 3.2% increase over the past week.
Shiba Inu and Pepe Challenge
Shiba Inu (SHIB) ranks 14th with a market value of $10.55 billion. Its price stands at $0.00001784, showing a 0.5% increase in the last day and 4.2% gain in the past week.
Pepe (PEPE) holds the 29th position with a market capitalization of $4.20 billion. It trades at $0.059889, having gained 0.6% in the past 24 hours and 6.5% in the past week.
Other Prominent Memecoins
In the top 100, Dogwifhat (WIF) ranks 39th, Bonk (BONK) sits at 60th, Popcat (POPCAT) occupies 63rd, and Floki (FLOKI) claims 64th. Rounding out the list are Brett (BRETT) and Neiro (NEIRO), ranking 85th and 89th, respectively.
The growing presence of memecoins in the top 100 underscores their increasing significance in the crypto landscape. Investors are keenly monitoring these playful yet valuable digital assets as they continue to make their mark in the market.
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