Meme #Cryptocurrencies Led the Rankings
Yesterday, meme cryptocurrencies were among the top performers within the 100 largest cryptocurrencies. Dogecoin (#doge⚡ ) and #shiba⚡ Inu (SHIB), the two most prominent meme coins, achieved significant market cap milestones, while major crypto indexes remained in the red.
Dogecoin (DOGE) Led Ahead of SHIB and POPCAT
The oldest meme cryptocurrency, Dogecoin (DOGE), was the fastest-growing cryptocurrency in the top 100 on November 5, 2024. Over the 24-hour period, DOGE gained 7.8%, pushing its market cap above $25.02 billion, according to CoinGecko. The second-largest meme coin, Shiba Inu (SHIB), was also among the top gainers, rising by 3.7%, with a market cap surpassing $10.5 billion.
Popcat ( POPCAT ), the largest cat-themed cryptocurrency, was the second-fastest-growing cryptocurrency yesterday, showing a 4.5% increase overnight.
At that time, POPCAT was competing with Bonk (BONK), another notable meme coin, for the 63rd spot among the largest cryptocurrencies. Bonk (BONK) recorded a 3.7% gain in the last 24 hours.
Of the top five performers in the top 100, four were meme coins. Rounding out this elite club was BGB, the native token of the Bitget exchange.
Cat in Dogs World (MEW) Returned to the Top 100
Several lesser-known meme coins also hit their own peaks. Cat in Dogs World (MEW), the first cat-themed meme coin to enter the top 100, regained its position in this prestigious ranking.
With a 3.5% gain, MEW’s market cap reached nearly $750 million. MEW sought to hold its spot in the top 100, competing with the FLOW cryptocurrency and another meme coin, BRETT.
Crypto Market Remains in Decline
While meme coins experienced gains, the overall crypto market index remained in the red yesterday. Total crypto market capitalization fell by 1.2%, approaching the $2.4 trillion threshold.
#Memecoins🤑🤑 , #DogecoinCommunity
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