Crypto Market Gains with Meme Coins Leading the Charge
Crypto assets have witnessed a surge in inflows over the weekend, with investors seeking high-performing dog-themed meme coins. Recent gains have pushed the market capitalization up by approximately 1% in the past 24 hours.
Meme coins have experienced significant growth due to positive market sentiment, attracting new funds into the market. At press time, the market capitalization of meme coins stands at $65.1 billion, marking a 5.4% increase over the last day.
Dog-themed tokens, such as Dogecoin, have seen inflows exceeding 5%, contributing to the broader surge in dog-themed meme coins. These coins have risen by 4.9% after an uptick in their category leaders.
Several crypto analysts have highlighted the price increases observed in recent weeks. The bullish market sentiment has sparked new projections for Dogecoin. Here are three dog-themed meme coins to consider following the recent inflows:
PolyDoge (POLYDOGE)
PolyDoge has surged by 101% today and continues to trade with an upward trajectory. It has recorded weekly gains of 307% and monthly inflows of 278%. As one of the leading dog-themed tokens over the past 24 hours, PolyDoge has garnered significant attention on social media platforms. Its market capitalization currently stands at $30.4 million, while daily trading volumes have reached $61 million, as per data from CoinGecko.
ChompCoin (CHOMP)