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Cryptocurrency market analysts highlighted meme tokens that grew significantly over the day
Over the past 24 hours, several meme tokens have shown significant growth. Amid the high volatility of the global market, traders are betting on this asset class, hoping to make short-term profits. As a result, almost all the leading digital tokens have risen significantly over the past day.
For example, the most famous meme cryptocurrency Dogecoin (DOGE) rose in price by 10.72%. Its capitalization added more than $ 1 billion and reached $ 10.23 billion over the past day. The volume of transactions over the past day amounted to $ 736.86 million. At the time of writing, the price of DOGE has dropped, and the token is currently trading at $ 0.070.
Another well-known meme cryptocurrency, Shiba Inu (SHIB), showed almost identical results. Its value soared by 11% during the reporting period. The total supply of assets on the market is $ 4.79 billion. Daily transaction volumes amounted to $ 328.42 million.
As for the Pepe cryptocurrency (PEPE), its price has soared by 32.2% over the past 24 hours. The capitalization of the virtual currency is $ 479.64 million, which allowed PEPE to be on the 78th line in the top ranking. As for trading volumes, they reached $ 498.75 million per day.
The value of Floki Inu (FLOKI) jumped 27.4% over the past day. The total supply of assets circulating on the market amounted to $ 297.81 million. The daily trading volume amounted to $ 171.87 million.
It is also worth noting that the Solana-based cryptocurrency Bonk (BONK) has risen in price by 100.9% over the past 24 hours. The market capitalization amounted to $ 31.55 million.
