Shiba

Dogecoin

Shiba Inu

cat in a dogs world

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/investors-monitor-meme-coin-prices" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Meme Coin Prices</a><br></p>
<p style="text-align: justify">This week, meme coins have experienced noticeable price movements, capturing investor attention. In the past 24 hours, significant fluctuations were observed along with a substantial decrease in market value. The competition between popular dog and cat-themed meme coins has intensified over the past seven days, with some projects seeing notable gains.</p>
<h2 id="what-is-happening-with-dog-themed-meme-coins">What is Happening with Dog-Themed Meme Coins?</h2>
<p style="text-align: justify">Data from CoinGecko reveals that the overall trading volume of meme coins dropped by over 6% within the last 24 hours, placing the market value at $54.6 billion. Leading the market, Dogecoin (DOGE) and Shiba Inu (SHIB) account for a large portion of the $29 billion total market volume.</p>
<p style="text-align: justify">Dogecoin holds the top spot among dog-themed meme coins with a market value of $19 billion. Shiba Inu follows with a $10 billion volume. Other notable projects include WIF on the <a href="https://en.bitcoinhaber.net/solanas-rally-and-technical-analysis-amidst-crypto-market-dynamics" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> network with $2.5 billion in volume and BONK with $1.9 billion. Additionally, FLOKI, ranked 10th, has reached a volume of $1.7 billion with a value of $0.0001836.</p>
<h2 id="why-are-cat-themed-meme-coins-trending">Why Are Cat-Themed Meme Coins Trending?</h2>
<p style="text-align: justify">Cat-themed meme coins have also seen activity, particularly led by Popcat (POPCAT). As of the <a href="https://newslinker.co/can-artificial-intelligence-achieve-consciousness/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">latest data</a>, POPCAT leads the cat-themed segment with a market value of $795 million, despite a 10% drop in price to $0.81. Another top 10 cat-themed coin, cat in a dogs world (MEW), had an impressive week with over 80% gains, trading at $0.007599. MOG, ranked ninth, reached a volume of $745 million with a price of $0.000002064.</p>
<h2 id="key-observations-for-investors">Key Observations for Investors</h2>
<p style="text-align: justify">• Dog-themed meme coins dominate with DOGE and SHIB leading significantly.<br> • Notable market volatility suggests potential opportunities and risks.<br> • Cat-themed coins like POPCAT and MEW show competitive performance.<br> • Short-term trends highlight the dynamic nature of meme coins.</p>
<p style="text-align: justify">As it stands, dog-themed meme coins continue to lead the market in terms of volume and value. However, cat-themed meme coins are making notable moves, suggesting a growing competition and diverse <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investment</a> opportunities within the meme coin market.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/investors-monitor-meme-coin-prices" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Meme Coin Prices</a></h5>

Investors Monitor Meme Coin Prices

Table of Contents

BH NEWS

Other articles published on Jul 23, 2024

Ethereum Is Mirroring Bitcoin’s Price Action: Is This Good News or Bad News for Altcoins

Chainbase Series A Funding Secures $15M Led By Tencent Investment

$14,000 ETH ATH Could Be Set for ETH Price Following ETH ETF Launch, Silver-Tongued Analyst Expla...

Uniswap Decreases More Than 3% Within 24 hours

Avail Launches Data Availability Mainnet and AVAIL Token

BlockFi Sells FTX Claims at Significant Premium

Join our free newsletter for daily crypto updates!