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<ul><li>Ethereum&#39;s SHIBA INU (SHIB) maintains a towering $16.2B market cap, outpacing rivals in the meme coin sector.</li><li>Solana&#39;s rise in meme coin popularity with dogewhale (WHALE) challenges Ethereum&#39;s long standing dominance.</li><li>Despite the growing interest in Solana&#39;s meme coins, investors are advised to exercise caution due to market volatility.</li></ul>According to <a href="https://twitter.com/CryptoRank_io" rel="noopener noreferrer nofollow">CryptoRank</a>, meme coins have carved out a niche that captures the intersection of digital culture and investment. With the rise of meme coins in 2024, the discussion intensifies around two leading blockchains: Solana and Ethereum.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2f1ede3c280640f780e1b13b723192dd.png" />Meme coins on Ethereum have long been the stalwarts of internet culture&#39;s foray into cryptocurrency. Ethereum houses the giant Shiba Inu (SHIB), which boasts a market cap of a staggering $16.2 billion, overshadowing its counterparts with a 24-hour trading volume that reaches $1.12 billion. The presence of other significant players like Pee Pee (PEE) and Floki (FLOKI), with market caps of $3.17 billion and $2.14 billion respectively, reinforce Ethereum&#39;s dominant position in the meme coin marketplace.<a href="https://cryptotale.org/meme-coin-market/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Solana's Meme Coin Hype Tests Ethereum's Dominance

CryptoTale

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