The list of new memecoins like PEPE, WOJAK, and CHAD are skyrocketing as per CoinMarketCap whereas SHIB price decreases substantially.
- Newer memecoins ruling over SHIB in the crypto market.
- In the last 24hrs, 8M SHIB tokens were transferred to a dead wallet.
In recent times, Shiba Inu (SHIB) tokens have been performing well with the highest burn rate and unusual transfer of huge tokens. This resulted in the maximum count of SHIB active holders correspondingly. Meanwhile, there are several memecoins that emerged with a massive peak in their price. Some of the coins namely PEPE, WOJAK, and CHAD.
What’s New in Memecoins?
Alongside, CHAD is also a memecoin that rallies in the current crypto market. This has become extremely bullish among cryptocurrencies. For now, UniSwap v2 and v3 have listed CHAD for trading. However, it possesses a maximum supply of around 235 billion tokens and is currently priced at $0.00001516 at a 4.45% increase in trading volume as per CoinMarketCap.
The rise of various memecoins with drastic support and opportunities might be the reason for the price decline of SHIB at the moment. Now, as per CoinMarketCap, SHIB ranges around $0.0000109 yet 8 million tokens have been transferred to a dead wallet in the last 24 hrs.