Meme Tokens Slide 55% in 5 Months– DOGE, SHIB Control $14.9 B Meme Coin Economic Climate by 95%– Markets and also Costs Bitcoin Information

Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95%

5 months back, the leading meme cryptocurrencies by market evaluation were valued at $33.7 billion and also today, the meme coin economic situation is 55% reduced, to $14.9 billion on September 23. Throughout the last month, dogecoin shed 12.8% in worth, and also shiba inu is down 19.4% versus the united state buck in thirty day.

Dogecoin, Shiba Inu, Infant Doge Coin Dip Lower Losing In Between 12.8% and also 19.4%

Today, the meme coin economic situation deserves almost 15 billion united state bucks and also out of lots of meme symbols, 25 of them have the term “doge” in their name. 18 of the symbols have the name “shiba” and also 30 crypto meme coins have the term “pet dog” in their name.

Meme Tokens Slide 55% in 5 Months-- DOGE, SHIB Control $14.9 B Meme Coin Economic Climate by 95%-- Markets and also Costs Bitcoin Information 2 DOGE/USDT on September 23, 2022.

The earliest and also biggest meme crypto property, in regards to market capitalization, dogecoin (DOGE), is still a hefty player on the planet of cryptocurrencies. DOGE is the tenth biggest crypto coin by market capitalization as it’s valued at $7.97 billion. Out of the whole meme token economic situation, dogecoin’s market cap is 53.48% of the $14.9 billion.

Meme Tokens Slide 55% in 5 Months-- DOGE, SHIB Control $14.9 B Meme Coin Economic Climate by 95%-- Markets and also Costs Bitcoin Information 3 SHIB/USDT on September 23, 2022.

The 2nd biggest meme token is shiba inu (SHIB) with its $6.33 billion market evaluation. SHIB’s market cap stands for 42.48% of the whole meme coin economic situation and also it’s rated 13 amongst the 12,983 crypto possessions around. In Between DOGE and also SHIB, both meme symbols control the $14.9 billion in crypto meme coins by 95.96%.

Meme Tokens Slide 55% in 5 Months-- DOGE, SHIB Control $14.9 B Meme Coin Economic Climate by 95%-- Markets and also Costs Bitcoin Information 4 BABYDOGE/USDT on September 23, 2022.

Out of the whole crypto economic situation worth $965 billion today, the DOGE and also SHIB market caps integrated relate to 1.483% on Friday, September 23, 2022. The 3rd biggest meme coin property is child doge coin (BABYDOGE), yet its market cap is a lot smaller sized at $178.90 million.

BABYDOGE’s market evaluation relates to 1.2% of the whole crypto meme economic situation. Throughout the last 2 weeks, child doge coin shed 3.3% and also over the previous month, the meme token is down 16.4%.

5 months back, the meme coin economic situation remained in better standings and also was drifting along at $33.7 billion at the time. Today, at $14.9 billion, the meme coin economic situation has actually shed 55% in USD worth ever since.

While DOGE, SHIB, and also BABYDOGE had a dull week, a handful of meme symbols saw double-digit gains this previous week. For example, iotexshiba (IOSHIB) is up 48.3%, metadoge (METADOGE) has actually climbed up 47.9%, and also manager (EMPLOYER) has actually increased 43.2% versus the united state buck in 7 days.

In regards to meme coin token losers today, duckereum (DUCKER) shed 32.8%, shibaken money (SHIBAKEN) dropped 27.6%, and also hoge money (HOGE) is down 24.8%.

Tags in this tale.

Infant Doge Coin, BABYDOGE, EMPLOYER, Coins, crypto meme coins, Doge, DOGE and also SHIB duplicates, dogecoin, duckereum (DUCKER), HOGE, hoge money, iotexshiba (IOSHIB), Market Update, Markets, meme, meme possessions, Meme Coins, Meme Tokens, meta doge, Costs, shib, shiba inu, shibaken money (SHIBAKEN).

What do you consider the meme coin economic situation’s current price activity? Allow us understand what you consider this topic in the remarks area listed below.

Meme Tokens Slide 55% in 5 Months-- DOGE, SHIB Control $14.9 B Meme Coin Economic Climate by 95%-- Markets and also Costs Bitcoin Information 5

Jamie Redman.

Jamie Redman is the Information Lead at Bitcoin.com Information and also an economic technology reporter living in Florida. Redman has actually been an energetic participant of the cryptocurrency area because 2011. He wants Bitcoin, open-source code, and also decentralized applications. Considering that September 2015, Redman has actually created greater than 6,000 posts for Bitcoin.com Information concerning the turbulent methods arising today.

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