Shiba Inu SHIBUSD is top gainer amid largest meme coins

Shiba Inu SHIBUSD, the second-largest meme cryptocurrency by market capitalization, is up by 2.7% today.

The net capitalization of the cryptocurrency market is losing value again, but the segment of meme cryptocurrencies is sending mixed signals to its audience.

Among all largest dog coins, Shiba Inu SHIBUSD shows the strongest performance in the last 24 hours.

Shiba Inu SHIBUSD is top gainer amid largest meme coins

Shiba Inu SHIBUSD, the second-largest meme cryptocurrency by market capitalization, is up by 2.7% today. Shiba Inu's SHIBUSD price hit $0.00001221, while its capitalization exceeded $7 billion. Shiba Inu SHIBUSD is the 19th biggest cryptocurrency by market cap.

Dogecoin DOGEUSD, the largest meme cryptocurrency, is also in the green. Dogecoin's DOGEUSD price added 2.6% in 24 hours and touched $0.1591.

Pepe PEPEUSDT, another top-league meme coin, saw a 1.7% price increase overnight. PEPE's market cap exceeded $3 billion, which allowed the frog coin to regain its spot in the top 40.

Bonk's (BONK) price reached $0.00001218 after adding 0.8% in 24 hours. As such, all major meme coins are outperforming the market benchmark, which is down by 1.1% today.

AI meme coins becomes worst performing category

Among smaller meme coins, Apecoin (APE) and Based Brett (BRETT) are the top performers with 4.4%-4.5% overnight gains.

At the same time, based on categories performance, a number of meme-associated groups are in the deep red. As per CoinGecko, AI meme coins lost 5.1% in just 24 hours, which is the worst result.

With Peanut the Squirrel (PNUT) and Daku (DAKU) in the red, Pump.fun meme coins lost 4.5%, becoming the second worst performing group today.

The largest cryptocurrencies, Bitcoin BTCUSD and Ethereum ETHUSD, added 0.6% and 1.1%, respectfully. Bitcoin BTCUSD surged to $85,196, while Ethereum ETHUSD is attempting to hold above $1,600.