Shiba

Pepe

Shiba Inu

Several large-cap meme coins, including Shiba Inu (<a href="https://crypto.news/price/shiba-inu/" target="_blank" rel="noreferrer noopener">SHIB</a>), Dogecoin (<a href="https://crypto.news/price/dogecoin/" target="_blank" rel="noreferrer noopener">DOGE</a>), and Pepe (<a href="https://crypto.news/price/pepe/" target="_blank" rel="noreferrer noopener">PEPE</a>) registered upticks in the last 24 hours. 
Data from the crypto price tracking website CoinGecko <a href="https://www.coingecko.com/en/categories/meme-token" target="_blank" rel="">shows</a> that the value of the overall meme coin market is up 2.4% to $44.75 billion.&nbsp; 
Shiba Inu has been one of the main drivers of this improvement, registering an uptick of 6.4% over 24 hours.&nbsp; 
In that time, the meme coin’s price oscillated between $0.00001596 and $0.0000171 and is currently at $0.00001698. The uptick was accompanied by a 24-hour trading volume of $217.8 million. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf8lDwZ0lq4tKU4p7h99brGqy4WMjg2ark8f_fRdIQeSsqaHszFyYVEEmbQdy-kXMej7D16D6IdYd1JzGFvmYj2adqlCgYzBlHkbHP-qYPVOsrTxYodm3W7plPIWyeO2YL2rF5hywvWLXjfTZ1zH3VTfgpa?key=CPmUOXWRft62oWmXNxh-uQ" alt="Meme coins bounce back: Shiba Inu leads market surge with 6.4% gain - 22">
 <figcaption class="wp-element-caption">
 Shiba Inu 24-hour price chart | Source: CoinGecko
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</figure> 
Shiba Inu’s price was also nearly 7% higher than a week ago, although it lost 0.8% of its value in the previous fortnight. The news was also similarly bleak over 30 days, with the price of SHIB depreciating by nearly 21% in that time.&nbsp; 
 You might also like: <a href="https://crypto.news/memecoin-peipei-emerges-the-top-gainer-among-the-leading-500/"> Memecoin PeiPei emerges the top gainer among the leading 500 </a> 
Another notable performer among <a href="https://crypto.news/tag/meme/" target="_blank" rel="noreferrer noopener">meme coins</a> in the last 24 hours is Brett (<a href="https://crypto.news/price/brett/" target="_blank" rel="noreferrer noopener">BRETT</a>), up 5.1% at this writing. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeCVs1PX7GdY05GXJMotiq-ii6LRfQbE1hq4_vC5gUkhT6_TxkEoOJoJJqHd6PDcRShFXPZvfigffQuAv-HpO-H9F-Qp-x1TBrcWC5x973AJvLla3HiPlGYziWmtM04yXoOJeGnrQqHYEMxG2JlQg1Lwl8t?key=CPmUOXWRft62oWmXNxh-uQ" alt="Meme coins bounce back: Shiba Inu leads market surge with 6.4% gain - 23">
 <figcaption class="wp-element-caption">
 Brett 24-hour price chart | Source: CoinGecko
 </figcaption>
</figure> 
Ranked at #72 in terms of market cap among all cryptocurrencies and #7 among meme coins, Brett has endured a torrid month, losing more than 22% of its value.&nbsp; 
Interestingly, the slide started soon after the meme coin hit its all-time high (ATH) price of $0.1933 on June 9. It largely stayed above the $0.15 level until July 4, when it slid to as low as $0.1079.&nbsp; 
Its current price is still 40% lower than its ATH, although it is a whopping 13,564% higher than its all-time low price from earlier in the year. 
Dogwifhat (<a href="https://crypto.news/price/dogwifhat/" target="_blank" rel="noreferrer noopener">WIF</a>) and Pepe are also up 4% in the last 24 hours. Like the other meme coins mentioned in this piece, WIF and PEPE have endured a difficult 30 days, with the price of WIF down 36.8% and that of PEPE down 30% in that time. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcDCXXIvxZO0D5b2tv7gY-BRYX-3RuBXzw8zOR_S1IQD0RxIP9NZSoNoM9hyKR8cx15mTme3sJ_vo65CCbUGwd37xhZk_9w5UeIWNyjNNtmgEa_WwGX8J_ataU07IDpdS93I4l1GKNf4P3kqfkq7IX9Ii13?key=CPmUOXWRft62oWmXNxh-uQ" alt="Meme coins bounce back: Shiba Inu leads market surge with 6.4% gain - 24">
 <figcaption class="wp-element-caption">
 Pepe 24-hour price chart | Source: CoinGecko
 </figcaption>
</figure> 
Over the past seven days, WIF has lost 19.2% of its value, while PEPE has dropped 4.5%. Both have underperformed in the global crypto market, which is up 2.6%.&nbsp; 
According to CoinGecko, PEPE also underperformed similar <a href="https://crypto.news/tag/ethereum/" target="_blank" rel="noreferrer noopener">Ethereum</a> ecosystem cryptocurrencies, which are up 12.70%. 
 Read more: <a href="https://crypto.news/crypto-markets-likely-to-remain-choppy-in-q3-coinbase-analysts-say/"> Crypto markets likely to remain choppy in Q3, Coinbase analysts say </a>

Meme coins bounce back: Shiba Inu leads market surge with 6.4% gain

crypto.news

Інші статті, опубліковані 13 лип. 2024 р.

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