Dog-themed meme coins have surged in comparison to their rivals as digital assets attempt a recovery. In the past 48 hours, crypto assets have rebounded slightly, including Bitcoin (BTC), altcoins, and meme coins. Bitcoin's price remains above $65,000 after sideways intraday trading.
Meme coins have been the biggest gainers, with certain categories experiencing more significant spikes than others due to various factors. Dog-themed meme coins have outperformed their rivals, with a combined market capitalization of $35.6 billion, a 1% increase. Other meme tokens are collectively in the red zone.
The popularity of dog-themed tokens has contributed to these developments, with positive recovery from leaders like Dogecoin (DOGE) and Shiba Inu (SHIB).
Dog-Themed Meme Coins Drive Market Optimism
In addition to driving the upward trend of other assets, several dog-themed cryptos have witnessed a surge in daily prices. AMATERASU OMIKAMI has climbed by 25.6%, trading at $0.113 within the last 24 hours. PolyDoge and Dingocoin have also seen gains, with increases of 7.1% and 6.2% respectively.