The highest meme tokens by market capitalization noticed a big leap on Monday after being fueled by dogecoin’s current value rise. Crypto meme cash like shiba inu, dogelon mars, and floki inu noticed 2-13% positive aspects during the last 24 hours. Your entire meme token financial system is price $35.8 billion, up 9.4% as we speak.
Meme Token Property See Double-Digit Positive factors on Monday Following Dogecoin’s Rise
Following Elon Musk’s acquisition of Twitter for $44 billion, digital forex markets jumped in worth and crypto meme tokens noticed a big spike. 24-hour statistics at 4 p.m. (ET) on Monday had proven dogecoin (DOGE) jumped 26.3% in worth in opposition to the U.S. greenback.
Dogecoin (DOGE) continues to be up 18.8% as we speak and is hovering simply above the $0.15 zone. Many consider the rise relies on mere hypothesis that Musk might presumably implement dogecoin funds into a few of Twitter’s operations.
Whereas dogecoin jumped in worth in opposition to the greenback, numerous different widespread meme coin property adopted DOGE’s lead on Monday. Shiba inu (SHIB) jumped 1.7% and dogelon mars (ELON) rose 13% greater in opposition to the USD over the last 24 hours.
Whereas DOGE, ELON, and SHIB all noticed proportion positive aspects, the fourth largest meme coin asset child doge coin (BABYDOGE) continues to be down 0.8% on the time of writing. Floki inu (FLOKI) alternatively, jumped 2.1% greater in opposition to the U.S. greenback over the last 24 hours.
Different notable meme token will increase got here from cash like kishu inu, samoyedcoin, catecoin, the doge NFT shards, and hoge finance. Litedoge (LDOGE) spiked 162.6% greater and vitoge (VITOGE) noticed a 98.8% achieve on Monday.
Jejudoge, dogefi, hotdoge, and shih tzu, all noticed double-digit positive aspects over the last day as nicely. Moreover, throughout the previous 24 hours, dogecoin (DOGE) has seen $4.54 billion in international commerce quantity, whereas SHIB has seen $1.25 billion as we speak.
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