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Close to this weekend, the value of crypto assets rebounded after winding for two weeks and integrating. Although certain tokens such as decentralized finance (defi) coins, metajie coins, and smart contract coins have greatly improved, the value of the meme token economy is also increasing, such as Dogecoin, Shiba Inu, and Googolun Mars and many other memecoins have seen significant gains over the past 7 days.
In the past week, the value of Meme coins has climbed-Shiba Fantom and Luni lead the way
On December 5, 21 days ago, the meme token economy fell by more than 12% and hovered slightly above $47 billion area. Today, the market valuation of a meme-based crypto economy is $54.1 billion, Up 14.61% since that day. Among the top ten meme-based crypto assets today, 8 out of 10 achieved 7 days of gains. Dogecoin (DOGE), the largest meme-based crypto asset, rose 9.6% last week, while Shiba Inu (SHIB) surged 21% during this period.
The other top ten meme-based assets that rose last week include spell token (31.5%), dogelon mars (51.7%), baby doge coin (41.1%), cate coin (22%) and dogebonk (27.5%). However, the biggest beneficiaries of memecoins last week included shiba fantom (193.5%), luni (189%), fantom dog (67.2%) and kawakami (57.5%). The biggest losers in the world of meme-based coins include smugdoge (-54.4%), shibavax (-42.1%) and iotxshiba (-36.4%).
Dozens of “Dog”, “Shiba”, “Doge” and “Shib” references in the name of the Meme coin
Today’s 24-hour meme coin winners include luni, shiba fantom, and cake monster. The total value of the meme tokens of all tokens on Sunday, December 26th was 54.1 billion U.S. dollars, of which Dogecoin and Shiba Inu accounted for the majority of the total. The market value of Dogecoin today is 25 billion U.S. dollars, and the market value of Shiba Inu is 20 billion U.S. dollars.
This is approximately 83.17% of the economic value of the entire meme coin on Sunday morning (EST). Compared with existing cryptocurrencies worth 2.49 trillion U.S. dollars, the dominance of the entire memetic currency economy today is approximately 2.17%.
In addition to the common memetic coins that people talk about daily (such as SHIB and DOGE), there are a large number of coins with similar names. On December 26, 24 meme coin names in the meme token market economy recorded by coingecko.com contained the word “doge”, and 29 token names contained the word “dog”. 19 meme coins have the word “shiba” in their names, 25 use the word “shib”, and 12 coins use the word “inu” in their names.
What do you think of meme currency assets that have made considerable gains in 7 days? Please tell us your thoughts on this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wikimedia Commons
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