Shiba

Dogecoin

Bitcoin

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-dominates-while-meme-coins-struggle-for-position/" data-wpel-link="internal">Bitcoin Dominates While Meme Coins Struggle for Position</a><br></p>
<p style="text-align: justify">In the world of cryptocurrencies, where Bitcoin’s dominance is undisputed, many altcoins are trying to find their place. Ethereum leads the list, while cryptocurrencies like <a href="https://en.coin-turk.com/solanas-remarkable-surge-in-the-crypto-market/" data-wpel-link="internal">Solana</a> and BNB also join the process. Besides these, meme coins, which many <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> consider to have no real value, continue to rise rapidly in market cap rankings. So, what’s happening at the top of the meme coin world right now?</p> 
<h2 style="text-align: justify" id="dogecoin-s-current-price">Dogecoin’s Current Price</h2> 
<p style="text-align: justify">Dogecoin (DOGE), the undisputed leader in terms of volume among meme coins in the cryptocurrency world, still seems to be doing a good job as the pioneer of the sector. In the past, DOGE, which gathered a large following thanks to <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">Elon Musk</a>‘s significant support and the advantage of being a pioneer, seemed to be getting back on track today.</p> 
<p style="text-align: justify">After a nearly 1% rise in the last 24 hours, <strong>DOGE</strong> is trading at $0.1358. Although this seems insufficient to erase the 7.41% drop experienced in the last 7 days, it presents a positive outlook.</p> 
<p style="text-align: justify">The change in DOGE’s price also reflected in its market cap, which stands at $19.65 billion, just below the $20 billion mark. Additionally, its 24-hour trading volume is around $440 million. Whether DOGE will ever reach the $1 mark remains a topic of curiosity.</p> 
<h2 style="text-align: justify" id="shiba-coin-comments">Shiba Coin Comments</h2> 
<p style="text-align: justify">The market’s number two meme coin, the former DOGE killer <strong>Shiba Inu</strong> (SHIB), seems to be experiencing a price recovery. SHIB’s price is trading at $0.00002067, influenced by a 2.81% rise in the last 24 hours.</p> 
<p style="text-align: justify">SHIB’s market cap stands at $12.1 billion, indicating a gap of over $7.5 billion compared to DOGE. Despite this, it also seems similarly distant from its closest competitor, PEPE.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-362870" src="https://coin-turk.com/wp-content/uploads/2024/06/meme-coin-coin-turk-com.png" alt="" width="2128" height="481"></p> 
<p style="text-align: justify">SHIB’s 24-hour trading volume was around $228 million at the time of writing.</p> 
<h2 style="text-align: justify" id="pepe-coin-price-outlook">PEPE Coin Price Outlook</h2> 
<p style="text-align: justify">The first frog-themed meme coin in the market and one of the stars of 2023, PEPE, also seems to be doing well. The stable outlook in the market seems to have triggered a small recovery in PEPE.</p> 
<p style="text-align: justify">After continuously hitting new all-time highs in recent weeks, PEPE’s price is trading at $0.00001175 following a 2.22% rise in the last 24 hours. <strong>PEPE’s</strong> market cap stands at $4.941 billion, while its 24-hour trading volume of $619 million surpasses all its examined competitors.</p> 
<h2 style="text-align: justify" id="wif-coin-is-rising">WIF Coin is Rising</h2> 
<p style="text-align: justify">Lastly, dogwifhat (WIF), the star of the Solana network, which has been making waves towards the end of 2023 and into 2024, is another meme coin experiencing a rise.</p> 
<p style="text-align: justify"><strong>WIF’s</strong> price was at $2.40 following a 1.52% rise, although a 10.58% drop in the last 7 days is also noteworthy. WIF’s market cap stands at $2.398 billion, and it had briefly surpassed PEPE in recent months. WIF’s 24-hour trading volume was $235 million.</p> 
<p style="text-align: justify">After Bitcoin’s downward movement gave way to a stable outlook, whether meme coins can quickly recover remains a significant question among investors. However, considering the current conditions, it wouldn’t be wrong to say that the small rises during the day have pleased investors.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-dominates-while-meme-coins-struggle-for-position/" data-wpel-link="internal">Bitcoin Dominates While Meme Coins Struggle for Position</a></h5>

Bitcoin Dominates While Meme Coins Struggle for Position

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