Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$120,062.00
1.42%$4,686.22
9.43%$3.28
4.77%$854.36
6.45%$201.00
15.16%$0.9998
-0.00%$4,675.51
9.05%$0.249137
11.80%$0.357964
3.16%$0.874562
12.85%$5,618.86
8.14%$23.72
11.47%$119,914.00
1.09%$45.10
5.05%$5,017.45
8.64%$0.452172
4.27%$3.98
9.52%$5,017.28
9.01%$609.21
2.94%$0.265486
7.66%$4,687.19
9.31%$1.001
0.07%$25.27
9.88%$131.95
10.52%$3.52
3.88%$9.25
1.77%$0.00001395
8.09%$0.999656
0.02%$12.11
10.29%$0.998199
-0.15%$46.21
2.78%$120,004.00
1.29%$4.25
9.45%$104.32
127.53%$4.89
11.82%$0.168587
0.41%$1.19
0.01%$0.802192
3.70%$0.00001243
10.44%$324.61
10.22%$256.20
1.66%$398.52
9.83%$1.11
8.22%$24.14
9.21%$2.91
12.09%$1.085
10.27%$4.97
9.42%$5.85
8.71%$0.397342
5.16%$245.96
14.96%$4,680.98
9.24%$0.097881
11.70%$0.490029
11.50%$0.278007
10.02%$1.00
0.00%$0.03766162
8.01%$0.25393
8.45%$0.02610851
7.93%$4.82
7.13%$18.61
13.19%$0.999608
-0.01%$5,317.89
8.99%$4.18
11.96%$0.00002697
11.90%$214.54
14.95%$1.09
10.94%$4,906.04
9.06%$4.59
0.28%$0.339944
12.19%$0.73898
7.48%$1.063
0.01%$9.50
8.34%$5.41
6.10%$2.69
8.69%$0.083299
0.38%$4,930.28
9.36%$5.77
2.63%$117.80
7.27%$5,091.78
9.47%$1.84
7.86%$0.556787
12.36%$0.02330246
5.82%$12.98
8.98%$4,957.75
7.93%$119,848.00
1.24%$15.22
11.76%$0.090717
2.48%$0.999672
-0.01%$1.05
13.66%$1.93
12.74%$0.00402408
16.69%$0.812347
8.76%$4,936.53
9.07%$1.53
3.26%$0.766659
7.66%$1.36
2.31%$0.999056
-0.06%$0.02783223
-6.10%$0.999889
0.02%$0.998122
-0.00%$3,374.66
0.79%$119,943.00
1.48%$0.999896
0.01%$45.12
5.16%$227.19
15.20%$1.34
22.25%$0.608865
9.54%$0.00011845
9.83%$851.95
6.36%$1.10
30.92%$0.103324
11.01%$0.999375
-0.02%$0.323323
8.58%$4,686.86
9.34%$1.039
14.98%$0.200903
3.18%$2.94
8.03%$0.99887
-0.16%$0.379502
-0.10%$29.74
6.66%$119,862.00
1.17%$3,353.15
0.19%$3.55
16.91%$0.596796
12.49%$1.12
-0.06%$264.70
15.24%$5.61
4.54%$121,180.00
1.06%$0.879575
6.02%$0.906902
9.69%$1.39
6.55%$4,497.27
0.06%$0.153152
5.83%$0.01849085
12.60%$0.214828
8.50%$0.01850886
10.44%$4,693.17
9.29%$4,658.31
8.63%$4,966.95
8.57%$0.133599
11.62%$0.307842
9.45%$2.25
10.21%$0.435997
-3.06%$4,985.81
9.04%$1.98
12.03%$119,910.00
1.20%$112.15
0.01%$0.00000069
2.12%$1.091
0.92%$0.99748
-0.01%$0.207623
-4.04%$5,169.33
9.39%$4,686.04
9.11%$0.405764
10.51%$0.999768
-0.05%$0.453651
14.29%$0.248899
11.98%$39.15
6.07%$0.627631
-1.74%$5,074.43
9.09%$0.3151
8.56%$0.061226
13.93%$1.48
4.59%$0.00643253
4.34%$0.00818503
0.17%$29.46
3.73%$120,020.00
1.38%$0.00976241
8.53%$0.997885
0.01%$3.02
4.85%$0.144401
13.33%$0.00000141
3.52%$4,628.34
8.88%$0.70
10.93%$4,688.69
9.34%$8.16
11.31%$1.25
6.57%$1.49
9.04%$0.65169
7.22%$0.072594
-0.34%$0.461559
-1.96%$0.513439
7.54%$0.00000122
7.69%$117,144.00
0.44%$54.16
6.45%$0.999717
0.00%$7.58
8.43%$0.809144
9.27%$0.997423
-0.14%$0.01404618
2.89%$0.40246
6.44%$6.74
8.91%$16.52
9.95%$5,646.10
8.44%$0.00000047
-0.70%$0.063605
13.25%$1.42
5.51%$0.02364983
5.16%$15.17
2.31%$0.178149
19.17%$1.16
-0.02%$0.00002214
4.98%$0.00857632
9.72%$1.003
0.23%$2.60
9.82%$7.56
0.38%$0.397524
5.70%$0.04402065
7.12%$0.0048929
-2.29%$0.089878
8.06%$0.999927
0.00%$221.48
15.36%$1.096
-0.00%$0.592408
6.61%$1.005
1.02%$10.78
0.03%$4,901.18
8.31%$0.999802
-0.00%$5.00
-3.44%$45.22
5.66%$25.26
10.08%$30.77
9.97%$0.59002
10.90%$120,106.00
1.38%$0.03453677
2.13%$4.78
13.36%$0.145908
7.53%$0.277754
4.53%$0.370244
9.65%$0.116182
-1.97%$5,246.58
8.51%$142.14
7.29%$0.597046
10.84%$0.00498342
12.66%$22.74
0.71%$4,694.92
9.58%$1.30
6.79%$0.790858
-6.25%$0.253565
8.41%$0.00358956
8.32%$119,766.00
1.11%$0.00000292
25.65%$0.753025
7.69%$0.831695
9.66%$0.00500399
9.22%$0.00006227
2.98%$119,953.00
1.27%$0.03456263
3.38%Reading
With a crypto market surge propelling Bitcoin to $65,000, just 6% below its all-time high, meme coins like PepeCoin, Dogecoin, and BONK are following in its wake with double-digit gains on the day.
Of the meme coins in the top 100 cryptocurrencies by market capitalization, frog-themed PEPE is leading the charge, up 35.6% over the past 24 hours and a massive 421.8% over the past seven days. That's enough to have made it the 44th largest digital asset by market capitalization, according to CoinGecko data.
It's closely followed by a pack of dog-themed coins: Solana meme coin BONK (up 30%), Shiba Inu (SHIB, up 17.4%) and the OG itself, Dogecoin (DOGE, up 18.9%). FLOKI brings up the rear, with gains of 10.5% in the past 24 hours. Solana-based Dogwifhat (WIF) is up a more modest 3.2% on the day, but still posted impressive gains of 389.7% over the past week.
Meme coins, cryptocurrencies based around internet memes and current events, typically have little utility beyond speculation. They also generally have higher volatility than mainstream cryptocurrencies like Bitcoin and Ethereum. That means that while they can have dramatic upward price movements, the falls can be equally precipitous.
Many meme coins with lower capitalizations also have low liquidity, meaning that it's difficult to realize any gains. A trader may see their investment increase by tenfold, but then might also struggle to sell their bags. Their close ties to internet memes, cultural references and current events also mean that a lot of meme coins burn out quickly, though "blue chips" like Dogecoin have endured.
Originally created in 2013 as a joke to poke fun at cryptocurrencies, Dogecoin has seen growing utility, launching applications such as payment integrations and, in recent months, Ordinals inscriptions (or "Doginals") that allow for the creation of NFT-like unique assets on its blockchain.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Edited by Stacy Elliott.
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