Investors Monitor Price Fluctuations in Meme Coins
In recent days, price movements in meme coins have garnered investor attention. In the past 24 hours, significant price fluctuations and a notable decline in market capitalization have occurred.
Dog-Themed Meme Coins
According to CoinGecko, meme coin trading volume has decreased by over 6% in the last 24 hours, with the market cap currently standing at $54.6 billion. Dogecoin (DOGE) and Shiba Inu (SHIB) dominate the market, accounting for over $29 billion in trading volume.
Dogecoin remains the top dog-themed meme coin, with a market cap of $19 billion. SHIB holds a cap of $10 billion, while WIF (Solana) and BONK have caps of $2.5 billion and $1.9 billion, respectively.
FLOKI rounds out the top 10 with a market cap of $1.7 billion and a price of $0.0001836.
Cat-Themed Meme Coins
Cat-themed meme coins have also witnessed activity, particularly Popcat (POPCAT). Despite a promising start to the week, POPCAT's price has declined by 10% in the last 24 hours, bringing it to $0.81.
Cat in a Dog's World (MEW), another top 10 cat-themed meme coin, has performed well, gaining over 80% this week. MEW currently trades at $0.007599.
MOG ranks ninth among meme coins, with a market cap of $745 million and a price of $0.000002064.
Market Dynamics
Dog-themed meme coins continue to dominate the market, but the three top 10 cat-themed projects are showing signs of catching up. Despite the recent price fluctuations, investors continue to monitor the meme coin market for potential opportunities.