News Formal

Memecoins hit $140B market cap: Here’s how DOGE, SHIB contributed

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Memecoin’s at large have reached a milestone in terms of market capitalization, despite being criticized for having no utility.

Memecoins at large have reached a milestone in terms of market capitalization, despite being criticized for having no utility. Coins, which are associated with hype and market trends, now boast a market cap of $140 billion.don’t come up. The world’s largest memecoin, DOGE, showcased impeccable performance last month with a whopping 126% price hike.Shiba Inu’s price action also remained bullish, as the memecoin’s price surged by over 65% last month, making it the 13th largest crypto.

n fact, it was interesting to note that while DOGE and SHIB consolidated, BONK’s price surged by 5% in the last 24 hours.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Memecoins hit $116B market cap post-election: Are DOGE, SHIB behind the rally?Memecoins soar post-U.S. election, driven by viral culture, retail interest, and triple-digit growth in top tokens.
Source: CryptoAmb - 🏆 22. / 68 Read more »