Home > Information news > Rise of Dogecoin (DOGE) and Other Memecoins: A Bullish Voyage to the Moon

Rise of Dogecoin (DOGE) and Other Memecoins: A Bullish Voyage to the Moon

Release: 2023/07/20 23:00 Reading: 228

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/64b9443ed4b55d1ee05a2881

Meme coins have taken the crypto market by storm, with a staggering 3.62% increase in the last 24 hours. These quirky and often humorous digital assets have amassed a market cap of $16.29 billion, accounting for 1.34% of the entire crypto market. With a 24-hour trading volume of $34.11 billion, meme coins are experiencing significant trading activity. Interestingly, the world of memecoins have surged by an impressive 7.86%, over the past week.

As the crypto market continues to evolve, MEME coins are defying all expectations, and Doge is leading the charge. Skeptics witnessed Doge achieving remarkable results with an 8.86% gain over the past 7 days and a 2% gain in the last 24 hours. The power of memes and community-driven enthusiasm has never been more evident.

The world of meme coins is a wild ride, with each quirky cryptocurrency offering its own unique appeal. Shiba Inu (SHIB) currently holds a price of $0.00000783 and a substantial 7-day trading volume of $96,240,955. Pepe (PEPE) takes inspiration from the internet meme character and holds a value of $0.00000156, with a 7-day trading volume of $64,836,799. Floki (FLOKI), is valued at $0.00002429 and has a 7-day trading volume of $8,021,309. Lastly, Baby DogeCoin (BABYDOGE), flourishes with a price of $0.000000001285 and a 7-day trading volume of $1,237,451.

Dogecoin (DOGEUSD) is currently trading at $0.07355975, showing a positive gain of 4.65%. The cryptocurrency has performed well over the past week, with a 13.18% increase, and an 18.01% increase over the past month. However, it has experienced some downward pressure over the last three months, with a decline of 12.07%.
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