Dog Meme Coins Pump as Bitcoin Slides, SAMO And BENDOG Keep Weekly Streaks Going

Dog meme coins including Dogwifhat (WIF), FLOKI, and Bonk (BONK) pumped over the past 24 hours to boost the collective capitalization of these

Top-performing dog-themed coins (Source: CoinGecko)

Dog meme coins including Dogwifhat (WIF), FLOKI, and Bonk (BONK) enjoyed a collective surge of over 3% in market capitalization during the last 24 hours, boosting the total valuation of these canine-themed cryptos to almost $49.2 billion.

The pump came even as crypto leader Bitcoin slid almost 1% to $68,030.11 as of 5.26 a.m. EST amid concerns of selling pressure after defunct crypto exchange Mt.Gox moved $9 billion worth of BTC to an unknown address.

SAMO And BENDOG Keep Weekly Streaks Going

Byte (BYTE) was the best performer after surging more than 43%. Samoyedcoin (SAMO) and Ben the Dog (BENDOG) recorded the next biggest gains of over 33% and more than 34%, respectively.

SAMO’s latest surge was a continuation of its stellar performance over the last 7 days. With its recent increase, the crypto’s value has more than doubled in the past week. Similarly, BENDOG’s recent uptick elevated its weekly performance to more than 63%.

The positive trend seen in the dog-themed coin market continued over the past hour. SAMO led the charge on the shorter time frame after it surged more than 6%.

BonkWifGlass (BONG) surged more than 5%, while I love puppies (PUPPIES) jumped 6% in the one-hour timframe.

FLOKI, WIF, And BONK Gain While Leading Dog Meme Coins SHIB And DOGE Lag

Some of the biggest dog-themed meme coins by market cap also posted 24-hour gains. WIF, the canine-themed crypto boasting the third largest market cap, jumped over 4%. This pushed the altcoin’s weekly performance deeper into the green zone to more than 16%.

FLOKI and BONK both saw their prices increase over 20% in the last 7 days. This comes after FLOKI gained another 3% and BONK recorded a slight increase in price over the past 24 hours.

As canine-themed altcoins pump, hot presale tokens like Dogeverse (DOGEVERSE) and WienerAI (WAI) are likely to get a boost, too.

Get ready to blast off with Cosmo! 🚀🌀

⏳ #Presale ends on June 3rd at 10 AM UTC!

🌐 Claim launches on June 5th at 10 AM UTC!

This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌

Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947

— DogeVerse (@The_DogeVerse) May 23, 2024

Investors continue to pile into DOGEVERSE as its launch nears with over $15 million raised, while analysts say WAI could be a 100x opportunity.