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Investors Track Price Movements in Meme Coins

Release: 2024/07/24 07:44 Reading: 226

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/en/articles/66a0396a7fb6ae0445cd4475

Investors Track Price Movements in Meme Coins

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.

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