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Cryptocurrency News Articles

Meme Coins See Impressive Gains as the Crypto Market Records Consecutive Gains, with Dogecoin Leading the Pack

Nov 11, 2024 at 03:45 pm

Meme coins have been seeing impressive gains as the crypto market records consecutive gains, with Dogecoin leading the pack.

Meme Coins See Impressive Gains as the Crypto Market Records Consecutive Gains, with Dogecoin Leading the Pack

Meme coins, a category of cryptocurrencies known for their association with internet memes and typically characterized by large and devoted retail followings, have been experiencing substantial gains.

These gains come as the broader cryptocurrency market also sees consecutive increases, with meme coins leading the way in terms of percentage gains.

According to data from CoinGecko, the total meme coin market capitalization increased by 18% over the past 24 hours, surpassing $94 billion.

The sector also saw a surge in daily trading volume, which reached $51 billion, indicating a high level of interest from investors.

The meme coin rally began last week following the announcement of the Republican candidate, Donald Trump, as the winner of the U.S. presidential elections.

This news sparked a wave of enthusiasm among meme coin enthusiasts, who have been driving up the prices of these assets.

Among the meme coins, Dogecoin (DOGE) is once again taking the lead with a market capitalization of $41 billion, which now ranks it as the sixth-largest digital asset.

Over the past week, DOGE has managed to overtake XRP (XRP) and USD Coin (USDC) in the market capitalization rankings.

DOGE is also leading the category in terms of gains, with a 24-hour涨幅 of 24%. At the time of writing, the leading meme coin is trading at $0.28.

Moreover, DOGE even breached a three-year high of $0.301 earlier today.

Shiba Inu (SHIB), Wifinity (WIF), and Goatseus Maximus (GOAT)也都受益于Dogecoin的上涨势头。

在 11 月 10 日星期日,SHIB 的主要开发人员 Shytoshi Kusama 提出建立一个战略性加密货币中心后,SHIB 暴涨 40%。在公告发布后,第二大 meme 币触及五个月高点 0.0000278 美元。

在经历快速修正后,SHIB 再次获得上行势头,过去一天上涨 12%。该资产目前以 0.000025 美元易手,市值为 147 亿 美元。

在过去 24 小时内,Dogwifhat (WIF) 也上涨了 20%,并在报告时间交易价格为 3 美元。它的市值为 30 亿 美元,使其成为第四大 meme 币。

作为市场上最年轻的 meme 币之一的 Goatseus Maximus (GOAT) 在周日上涨了 20%,而它的市值接近 10 亿 美元大关。然而,该 meme 币在达到里程碑之前便很快经历了一波价格修正。

尽管下跌了,但 GOAT 在过去 24 小时内仍上涨 3.3%,并在撰写本文时以 0.814 美元易手。它的市值为 8.14 亿 美元,日交易量超过 3 亿 美元。

News source:crypto.news

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