The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation this past month. Shiba inu, on the other hand, dropped from the thirteenth largest market cap to the fourteenth spot.
Meme Token Gained Over 7% Against The Greenback In The Last Month
Amidst the madness with FTX and before the bankruptcy filing, Mayhem Coins took a hit when the crypto economy experienced significant fluctuations in value. On November 9, two days before FTX filed for Chapter 11 bankruptcy protection, the meme token economy was valued at $18 billion.
Dogecoin (DOGE) suffered a big loss that day dropping 16.5% against the U.S. dollar, according to an archive.org snapshot of coingecko.com stats on Nov. 9, 2022. The second largest meme coin in terms of market capitalization size, shiba inu (SHIB), shed 10.8% in value that day.
The third largest meme coin (at the time), Baby Doge Coin (BabyDog), fell 14.2% in its value 30 days ago on November 9th. Listed on Coingecko.com as of December 9, 2022 is approximately $19.4 billion.
This means that the meme coin economy swelled by $1.4 billion during the past 30 days or recorded an increase of 7.77% against the U.S. dollar. DOGE had a good month against the greenback rising 29.4% in 30 days and 7.8% over the last two weeks.
Between November 9 and December 9, Dogecoin’s market valuation increased from $11.63 billion to $13.30 billion. The rise in Shiba Inu (SHIB) prices during the last 30 days was around 5.9% and in the last two weeks, SHIB increased by 0.3%.
Baby doge coin is up 13% over the last month and the current third largest meme coin by market cap, dogelon mars (ELON), grew by 40.2%. The value of the meme token floki (FLOKI) jumped 30.6% this past month and kishu inu (KISHU) gained 8.5% in that time frame.
Today’s list of top ten meme coin economy tokens includes Dogecoin (DOGE), Shiba Inu (SHIB), Dogeleon Mars (ELON), Baby Doge Coin (BabyDoge), Floki (FLOKI), Kishu Inu (KISHU), Dog Killer (LEASH ) Are included. ), Tamadog (TAMA), Catecoin (CATE), and Samoyedcoin (SAMO).
