Home > Information news > Dogwifhat, Floki, Dogecoin soar as crypto market cap spikes 7.77%

Dogwifhat, Floki, Dogecoin soar as crypto market cap spikes 7.77%

Release: 2024/05/04 22:46 Reading: 659

Original author:crypto.news

Original source:https://coinmarketcap.com/community/en/articles/6636312d19607065ce46134c

,Saturday’s price action tells a story of bullish momentum and a resurgence of interest in digital assets, driving the broader cryptocurrency market cap up by a notable 7.77% to a staggering $2.37 trillion. 
The meme coin market was not left behind, registering a 16.7% uptick in the last 24 hours, giving the sector a value of $57.7 billion, according to CoinGecko.
Here are the standouts.
Dogwifhat
Leading the charge among big-cap meme coins was Dogwifhat (WIF).
The Solana-based cryptocurrency — launched on Nov. 20, 2023 — witnessed a remarkable 23% surge in the last 24 hours, accompanied by an impressive 28.65% increase over the past week. 

WIF 24-hour price chart | Source: CoinMarketCap

Currently trading at $3.37, WIF boasts a market cap just north of $3.4 billion, which ranks it fourth among meme coins and 33rd in the overall crypto market.
Floki
Floki (FLOKI), another dog-inspired token, has seen its price soar to $0.0001994, representing a notable 21.58% increase over the past 24 hours. 

FLOKI 24-hour price chart | Source: CoinMarketCap

Additionally, Floki’s price has surged 18.11% over the last seven days.
And the dog-themed meme coin, launched in September 2021 on the heels of a viral tweet by Tesla CEO Elon Musk, continues to demonstrate sustained upward momentum.
The green turn is evident in Floki’s 14-day price chart, showing a jump of more than 44%.
You might also like: Friend.Tech’s token falls 98% following airdrop fiasco
Dogecoin
Dogecoin (DOGE), another canine-themed digital asset, has surged by an impressive 20.27% in the last 24 hours.
The digital asset, introduced in December 2013, currently trades at $0.159. 

DOGE 24-hour price chart | Source: CoinMarketCap

Over the past week, DOGE — like Dogwifhat and Floki — has continued its upward trajectory, marking a substantial 10.46% increase in price, according to CoinMarketCap.
This surge in value was also witnessed across 14 days, with the meme coin 4.4% higher than it was two weeks ago. However, the price is still 12.3% lower over 30 days.
Not to be outdone, other meme coins have also posted double-digit gains in the last 24 hours.
Shiba Inu (SHIB) has surged by 11.98%, trading at $0.00002553, while Pepe (PEPE) has experienced a remarkable 16.69% increase over the past week.
Bonk (BONK) has also seen its price rise by 11.51% in the last 24 hours, reaching $0.00002915.
Read more: Solana to surpass all-time high despite activity decline, expert predicts

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.