Wednesday, December 18, 2024
HomeExchangeMeme Coin Rally Pushes Crypto Market Cap To $3 Trillion

Meme Coin Rally Pushes Crypto Market Cap To $3 Trillion

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  • DOGE and SHIB have soared 28% and 18.4% within the final 24 hours.
  • The overall market capitalization of meme cash has risen to $98 billion.
  • POPCAT and MEW additionally skyrocketed by 10.2% and 16.8% respectively.

Dogecoin (DOGE) and Shiba Inu (SHIB), two main cryptocurrencies, noticed large positive aspects because the meme coin market recovered. This enhance additionally contains tokens comparable to Pepe (PEPE), dogwifhat (WIF), Bonk (BONK), FLOKI and Popcat (POPCAT).

Within the final 24 hours, the entire market capitalization of the meme coin sector elevated by 23.6% to $98 billion with a buying and selling quantity of $49.7 billion. The overall cryptocurrency market capitalization can also be nearing the $3 trillion milestone, with Bitcoin (BTC) surpassing $81,000 for the primary time in historical past.

Dogecoin and Shiba Inu Worth Evaluation

In accordance with CoinMarketCap, DOGE is presently buying and selling at $0.2895, a 28% soar within the final 24 hours. Nonetheless, it stays 60.19% beneath its all-time excessive of $0.7376. Over the previous seven days, DOGE has risen 89.32% and has risen 162.76% over the previous 30 days. DOGE now occupies the sixth place out there, surpassing XRP with a market cap of $42.36 billion.

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Additionally Learn: Bitcoin Positive factors as Altcoins Achieve Floor Amid Bullish Sentiment

Then again, SHIB is up 18.4% within the final 24 hours and is buying and selling at $0.0000265, up 58.2% over the previous week. Nonetheless, the meme coin is down 69.95% from its all-time excessive of $0.00008845 seen within the 2021 bull cycle.

One other coin meme Be part of the rally

Within the final 24 hours, PEPE is up 13.1% to $0.00001286, WIF is up 24% to $3.11, BONK is up 14.3% to $0.00002626, FLOKI is up 22.3% to 0 .00001824 USD and POP5% rose to eight.8%.

Then again, Cats in a World of Canines ( MEW ) and Goatseus Maximus ( GOAT ) additionally turned bullish, rising 16.8% and 17.1% within the final 24 hours. MEW is priced at $0.01106 whereas GOAT is buying and selling at $0.9396.

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Disclaimer: The data offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any sort. Coin Version shall not be answerable for any losses incurred on account of using stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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