Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon mars have seen significant gains during the last seven days.
Meme Coins value increased last week – Shiba Fantom and Luni lead the pack
21 days ago, on December 5, the memes token economy was down more than 12% and was just above the region of $ 47 billion. Today, the market valuation of the memes-based crypto-economy is $ 54.1 billion, up 14.61% since that day. Out of the top ten crypto assets based on memes today, 8 out of 10 saw gains in seven days. The largest memes-based crypto-asset dogecoin (DOGE) jumped 9.6% last week while the shiba inu (SHIB) climbed 21% during that time.
Other top ten memes-based assets that saw gains last week included spell token (31.5%), dogelon mars (51.7%), baby doge coin (41.1% ), the cate coin (22%) and the dogebonk (27.5%). However, the biggest coin winners even this week are the shiba fantom (193.5%), the luni (189%), the fantom doge (67.2%) and the kawakami (57.5%). The biggest losers in the world of memes-based coins are smugdoge (-54.4%), shibavax (-42.1%) and iotxshiba (-36.4%).
Dozens of ‘Dog,’ ‘Shiba,’ ‘Doge,’ and ‘Shib’ References in Meme Coin Names
Today’s 24-hour meme coin gainers include luni, shiba fantom, and cake monster. With the meme-coin aggregate value of all the tokens on Sunday, December 26 at $54.1 billion, dogecoin and shiba inu make up most of the total. Dogecoin’s market capitalization today is $25 billion and shiba inu’s market cap is $20 billion.
This represents about 83.17% of the total value of the same-coin economy on Sunday morning (EST). The overall dominance of the coin economy, up from $ 2.49 trillion of all existing crypto coins, is around 2.17% today.
In addition to the usual meme coins people talk about on a daily basis like SHIB and DOGE, a slew of coins share similar names. 24 meme coins in the meme token market economy, recorded by coingecko.com on December 26, contain the term “doge” in the name, 29 tokens have the term “dog” in the name. 19 meme coins have the term “shiba” in the name, 25 use the term “shib,” and 12 coins use the term “inu” in the name.
