Meme coin economy value increased by 7.77% Prices rose against the US dollar last month as meme token market leader dogecoin rose 29.4% in 30 days. Dogecoin also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation last month, while Shiba Inu’s market cap fell from his 13th to 14th. I was.
Meme Tokens rose more than 7% against the dollar in the past month
In the midst of the FTX madness and before filing for bankruptcy, The economy was hit when it experienced significant fluctuations in value. On Nov. 9, two days before FTX filed for Chapter 11 bankruptcy protection, the Meme Token economy was valued at $18 billion.
Dogecoin (DOGE) fell 16.5% against the US dollar that day, according to archive.org snapshot of coiningecko.com stats on November 9, 2022 suffered great losses. Shiba Inu (SHIB), his second largest meme coin by market cap, lost 10.8% in value that day.
(then) the third largest meme token, BABYDOGE, was worth 14.2% 30 days ago on his November 9th lost. Meme Coins The economy is picking up recently as total meme token assets listed on coiningecko.com are around $19.4 billion as of December 9, 2022.
This means that the Memecoin economy has grown by $1.4 billion over the past 30 days, or registered a 7.77% increase against the US dollar. DOGE has had a good month, gaining 29.4% against the dollar over the past 30 days and gaining 7.8% over the past two weeks.
Between November 9th and December 9th, Dogecoin’s market valuation rose from $11.63 billion to $13.3 billion. Shiba Inu (SHIB) price has increased by around 5.9% over the past 30 days, and over the past two weeks, the SHIB has increased by 0.3%.
Baby Doge Coin rose 13% last month, while Dogelon Mars (ELON), currently the third largest meme coin by market cap, rose 40.2%. The value of the meme token floki (FLOKI) rose 30.6% last month, while the Kishu dog (KISHU) rose 8.5% over the period.
Today’s list of the top 10 Meme Coin economy tokens includes Dogecoin (DOGE), Shiba Inu (SHIB), Dogeron Mars (ELON), Baby Dogecoin (BABYDOGE), Floki (FLOKI), Kishu Inu (KISHU) is included. ), Doge killer (LEASH), Madoge (TAMA), Catecoin (CATE), Samoyed coin (SAMO).
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