Immediately, Dec. 6, 2024, Dogecoin (DOGE), the primary memetic cryptocurrency, is celebrating its eleventh anniversary. In the meantime, your complete section of meme cash demonstrates pale efficiency whereas its largest representatives are among the many prime losers.
DOGE, PEPE, SHIB: Prime meme cash bleeding right this moment
Within the final 24 hours, the biggest meme cash by market capitalization are battling a heavy market correction. Dogecoin (DOGE), the highest meme coin that celebrates its eleventh birthday right this moment, is down by virtually 3%. Its key rivals, Pepe (PEPE) and Shiba Inu (SHIB), have suffered essentially the most.
Each Shiba Inu (SHIB) and Pepe (PEPE) misplaced round 4% within the final 24 hours. Peanut the Squirrel (PNUT) plunged by 3.4% and left the highest 100 cryptos by market cap.
As such, the vast majority of the biggest meme cryptocurrencies are underperforming in comparison with the market benchmark. In complete, the cryptocurrency section misplaced 3.5% of its capitalization right this moment.
Bitcoin (BTC), the biggest cryptocurrency, has dropped by 3.2%, shedding its $2 trillion capitalization accomplishment. By press time, the orange coin is altering arms at $99,102.
Dogwifhat (WIF) breaks development as Henrik Zeberg hints at rally coming
In the meantime, some smaller representatives of the meme coin sphere managed to realize even in a time of market correction.
Dogwifhat (WIF), Solana’s most overhyped massive meme coin, is up by 5% in 24 hours. The asset’s capitalization soared by over $200 million in a single day.
Prime dealer Henrik Zeberg is certain that we’re about to see increased costs for Dogwifhat (WIF) within the close to future.
Mog Coin (MOG), a significant cat-themed cryptocurrency, inches nearer to the highest 100, with a splendid 25% added in a single day.