The temporary rise of cryptocurrencies and the ATH in PEPE could lead to bears taking over the market again. The negative outlook of Memecoin in the past 24 hours has everyone worried, especially Memecoin investors. So, how does the peak price of memecoin look?
How many dollars can be converted to 1 DOGE?
DOGE is the undisputed volume leader among memecoins, but it seems to be losing strength. This situation has brought SHIB closer and closer to it. As of writing, the price of DOGE has fallen to $0.1497 after a 3.93% drop in the past 24 hours.
The 7-day price trend of DOGE shows a drop of 1.52%. DOGE's market capitalization has also fallen by $21.6 billion, while its 24-hour trading volume is $1.376 billion, which means a 21% drop compared to yesterday.
SHIB Reviews and Price
While SHIB Army's doubts about the Shiba Inu development team are growing, its attitude towards DOGE is exciting.
As of writing, SHIB is trading at $0.00002453, down 2.86% in the past 24 hours. The 4.35% gain in the past 7 days has narrowed the market cap difference between SHIB and DOGE to $7 billion. As of writing, SHIB has a market cap of around $14 billion.
As of writing, SHIB’s 24-hour trading volume is below $1 billion at $832 million, down 19% from yesterday.
PEPE Away from ATH
After a fantastic 2 days for PEPE coin, things seem to have taken a turn for the better. PEPE hit an ATH on May 15th and seems to be falling again as of today. There are comments that some whales are selling, which may have influenced the price drop.
As of writing, PEPE has found buyers at $0.00001006 after falling 4.65% in the past 24 hours. It is 13% away from its ATH of $0.00001156. Still, the gain of over 17% over the past 7 days has been positively received by investors.
Solana WIF Update
Dogwifhat (WIF) made a big impact in March 2024. On March 31, the meme coin had risen to $4.85, but as of today, it is still 41% away from its ATH, and that took only 40 days.
As of the time of writing, WIF is trading at $2.84 after a 7.58% drop. Looking at its 7-day performance, it has lost 9.14%. WIF briefly surpassed PEPE in the past, but now the gap in market value between the two has widened to $1.4 billion. WIF has a market value of $2.8 billion and a 24-hour trading volume of $678 million.
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