The memecoin market has been experiencing increased volatility lately, with Dogecoin (DOGE), Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE) all seeing significant price swings both up and down.

The two largest coins by market cap, Dogecoin and Shiba Inu, have shown moderate performance in recent months. Dogecoin has gained 2.5% in the last 24 hours, and DOGE is currently trading at $0.09736.

The growth has been maintained over the last week – +1.3%, while over the last month the price has gone into minus by 6.6%. If we talk about annual values, then over the last year the token has added 53.1%, which makes forecasts difficult both in the short and long term.

Shiba Inu has shown similar movement to Dogecoin, with SHIB up 1.3% in the last 24 hours and currently trading at $0.00001308. However, over the last week, the price has fallen by 2.2% and over the last month, by 6.3%. However, over the last year, SHIB has gained 72.4%.

Other Memecoin Performance Floki (FLOKI) has had a particularly volatile month. It has seen little change in value over the past 24 hours, down -0.1%, currently trading at $0.000122. Its price is up 4.4% over the past week, while on a monthly basis, FLOKI is down 3.1%, posting a year-over-year gain of 600.1%.

Similarly, Pepe (PEPE) has had a volatile week. The token is currently trading at $0.000006958, up 1.1% in the last 24 hours, but not quite making up for its 6.4% weekly decline.

Pepe has fallen 15.8% in the last month, compared to a significant gain of 795.5% in the last year. The year-over-year gains and recent declines point to heightened uncertainty and wavering investor interest.

Either way, meme coins continue to attract investors' attention due to their high volatility and potential for rapid growth. However, investors should exercise caution, especially during a decline in the underlying cryptocurrencies#