The charts reveal a fascinating trend: tokens with high social relevance but lagging market caps. The top five tokens on this list highlight the growing influence of community attention over market valuation, especially among memecoins.

Memecoins, as expected, dominate this field due to their unparalleled ability to capture attention. Historically, money tends to follow attention, and this discrepancy suggests that an increasing market cap could be on the horizon for these tokens.
Top 5 Tokens with Discrepancy:
1️⃣ GOAT ($GOAT ): Social Rank 15 / Market Cap Rank 99
2️⃣ PNUT ($PNUT ): Social Rank 6 / Market Cap Rank 76
3️⃣ BRETT ($BRETT ): Social Rank 23 / Market Cap Rank 78
4️⃣ POPCAT ($POPCAT ): Social Rank 18 / Market Cap Rank 73
5️⃣ FLOW ($FLOW ): Social Rank 51 / Market Cap Rank 98
This trend highlights the growing importance of social relevance in driving market dynamics.
#CryptoTrends2024 #memecoins #marketcap #SocialRelevance

I’ve been discussing these important metrics in my recent articles, and if you haven't checked them out yet, I recommend heading over to my profile for more info! 🙌

Understanding *market cap* and *24hr volume* is CRUCIAL when making trading decisions. 💡 Why? Because these metrics give you a clear picture of a coin's *liquidity*, *market strength*, and *potential for growth*.

🔑 *Market Cap*: It shows the overall value of a coin, and larger market caps generally indicate stability. But *small-cap coins* can offer higher growth potential—if you’re willing to take the risk. ⚡

🔑 *24hr Volume*: This shows how much of the coin has been traded in the last 24 hours. Higher volume often means more *liquidity* and *stronger market interest*, making it easier to buy/sell without huge price slippage. 📈

Now, let's take a look at some coins you should *NOT ignore*: *Doge*, *Shiba Inu (SHIB)*, and *ADA (Cardano)*.

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1️⃣ *DOGE* 🐕
- *Market Cap*: 57.61B
- *24hr Volume*:5.41B
- *24hr Change*: +15.04%

*Analysis*:
Doge has been consistently popular due to its meme status and strong community support. With Elon Musk's tweets and growing adoption, it's one of the most traded coins. Given its large *market cap* and high *24hr volume*, it’s clear that there’s still significant liquidity in Doge, making it a reliable asset to watch.

*Prediction*: If momentum continues, Doge might test new highs in the upcoming months. However, always be cautious about the volatility of meme coins!

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2️⃣ *SHIB* 🐶
- *Market Cap*: 6.08B
- *24hr Volume*:1.87B
- *24hr Change*: +5.41%

*Analysis*:
Shiba Inu has been gaining attention as a competitor to Dogecoin, and it’s also supported by an active community. Despite the market cap being lower than Doge, SHIB’s *24hr volume* indicates a solid interest, making it tradable with reasonable liquidity.

*Prediction*: SHIB’s future largely depends on the community and any new developments in its ecosystem (e.g., ShibaSwap). Keep an eye on the volume and market news for any major updates!

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3️⃣ *ADA (Cardano)* 🏛️
- *Market Cap*: 45.37B
- *24hr Volume*:7.07B
- *24hr Change*: +9.34%

*Analysis*:
Cardano has been growing rapidly as a smart contract platform. It’s more than just a meme coin—ADA is backed by solid *technology*, *development*, and real-world use cases. With a *large market cap* and substantial *24hr volume*, Cardano is a strong contender in the crypto space.

*Prediction*: ADA has long-term potential, especially with upcoming upgrades to the network. Expect some volatility, but also potential for future growth as its ecosystem expands.

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Conclusion:
- *Doge*, *SHIB*, and *ADA* are all worth keeping an eye on for different reasons. Doge and SHIB bring the hype and trading volume, while ADA brings solid technology and long-term growth potential. 📉📈

Remember, *don’t ignore* the power of *market cap* and *24hr volume* when making decisions. These are two of the most important metrics for assessing liquidity and understanding the strength of a coin! 💪

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Stay informed, keep trading smart, and may the profits be with you! 🤑💎

$DOGE
$SHIB
$ADA

#CryptoInsightsa #MarketCap #24hrVolume #Dogecoin #shibaInu #Cardano #CryptoTrading #StayInformed

Amidst the latest Shiba Inu price struggles, a seasoned market analyst insists the meme coin has not entirely lost bullish momentum.

Shiba Inu($SHIB
mirrors a broader market correction as bearish sentiments preside over proceedings. The second-largest meme coin by #marketcap has failed to retest its yearly high of $0.00004567, with the resistance at $0.00003343 proving insurmountable.

Furthermore, the asset has corrected over 11% in the past week and tested a multi-week low of $0.00001853 the previous week. Amidst the glaring price underperformance, a notable analyst maintains that Shiba Inu still possesses bullish potential.

Shiba Inu Is Fine: Analyst
In a Boxing Day commentary, notable analyst Cantonese Cat has insisted that Shiba Inu is fine. His analysis insinuated that the dog-themed meme coin had not lost bullish touch and could rebound from the dip.

The market commentator stated that Shiba Inu is just stuck around the 0.5 Fibonacci extension at $0.00002661. He noted that the token also struggles to rebound from the bull cycle band, finding solace in the $0.000022 major support zone.

Meanwhile, a chart accompanying Cantonese Cat’s analysis shows major support regions for Shiba Inu if the bearish turn persists. Furthermore, it also suggests Shiba Inu’s next major resistance levels if it regains bullish momentum.
#BitcoinInSwissReserves