Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

The meme coin economy has grown significantly over the past 27 päevadel, increasing 34.52% USA vastu. dollarit. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, on hüpanud 71.9% sisse 30 päevadel. Since Jan. 9, 2023, the overall value of the meme token economy has increased by $5.8 miljardit.

Dogecoin and Shiba Inu Dominate Meme Coin Market With 94% Market Share

The top meme coins by market capitalization have gained in value against the U.S. dollar this past month. According to statistics recorded on Jan. 9, 2023, via archive.org, the meme coin economy was valued at $16.8 miljardit 27 päeva tagasi. As of 9 olen. ET on Feb. 5, 2023, the meme coin economy is currently valued at $22.6 miljardit, a 5.4% increase over the previous day.

Over the past 27 päevadel, meme tokens have added $5.8 billion in value and gained more than 34% against the greenback. This week’s largest gainers among meme tokens include pomeranian eth (POM), üles 117.2%, baby doge coin (BABYDOGE), üles 113.9%, and polydoge (POLYDOGE), üles 86.7%. The two leading meme coins in terms of market valuation, dogecoin (DOGE) and shiba inu (SHIB), have increased 5.3% juurde 22.1%, with SHIB seeing the larger gains.

Dogecoin (DOGE) and shiba inu (SHIB) meik $21.32 miljardit, või 94.34%, of the total $22.6 billion in the meme coin economy. Dogecoin has risen 29.4% see kuu, while shiba inu has increased 71.9% against the greenback. The majority of the meme coin economy’s value was acquired in 2023. detsembril. 18, 2022, 49 päeva tagasi, the market valuation of all meme tokens was $16.4 miljardit. Sellest ajast, the meme coin economy has grown 36.96% USA vastu. dollarit.

Veebr. 5, 2023, the largest gainers among meme coins over the past 24 hours include arbinu (ARBINU), which rose 51.9%, duckereum (DUCKER), üles 43.5%, and onigiri neko (ONIGI), which increased 35.3%. The largest meme coin, dogecoin, decreased 1.7% USA vastu. dollarit, while shiba inu gained 1.5%.

The third-largest meme coin, baby doge coin, suurenenud 18.9% viimase ajal 24 tundi. Despite a 34% rise against the U.S. dollar and $5.8 billion in value added in 27 päevadel, most of the market activity remains focused on the top two coins, DOGE and SHIB, indicating that demand for meme coin assets continues to exist.

What do you think about the current state of the meme coin economy? Will the trend of growth continue, or do you see a decline in the near future? Andke meile allolevas kommentaaride jaotises teada, mida te selle teema kohta arvate.

Jamie Redman

Jamie Redman on Bitcoin-Tidings.com Newsi uudistejuht ja Floridas elav finantstehnoloogia ajakirjanik.. Redman on sellest ajast alates olnud aktiivne krüptoraha kogukonna liige 2011. Tal on kirg Bitcoini vastu, avatud lähtekoodiga kood, ja detsentraliseeritud rakendused. Alates septembrist 2015, Redman on kirjutanud rohkem kui 6,000 artiklid saidile Bitcoin-Tidings.com Uudised täna esile kerkivate häirivate protokollide kohta.

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