๐ Shiba Inu is barking up the right tree, overtaking Cardano in the crypto market cap race! ๐โ๐ฆบ The memecoin frenzy is real, with Shiba Inu, Pepe, and Dogwifhat (WIF) hitting new ATHs. Poor Cardano, once the third-ranked crypto, has slipped to 11th place. ๐
But don't cry for Cardano just yet! While Bitcoin and other altcoins are bouncing back, Cardano and Ripple are playing it cool in a stagnant price range. ๐งโโ๏ธ
Meanwhile, Pepe had a brief moment of glory, surpassing Polygon for the 18th spot, before settling back to 19th. And let's not forget WIF, climbing to the 28th spot, outpacing Hedera. ๐งโโ๏ธ
This bull cycle is the dawn of the memecoin era, with many less than a year old. Dogecoin and Shiba Inu, the OG memecoins, are still holding strong, but the new kids on the block are giving them a run for their money. ๐ธ
Despite the overall sideways momentum, memecoins are flourishing. Six out of the top 10 gainers over the past 24 hours are memecoins! ๐
What's your take on this memecoin madness? Drop your thoughts in the comments! #DeFi #Web3 #CryptoNews
