CandleFocus $25 Billion for DOGE: New Market Cap Milestone Just Hit
2024-11-05
Author: Content Editor
Meme cryptocurrencies, including Dogecoin (DOGE) and Shiba Inu (SHIB), continue to outperform other cryptocurrencies in terms of market cap despite an overall downward trend in the crypto market. Dogecoin is currently the fastest-growing cryptocurrency in the top 100, with a 7.8% increase in the last 24 hours and a market cap of over $25.02 billion. Shiba Inu has also seen a 3.7% surge and surpassed a market cap of $10.5 billion. Popcat (POPCAT), the largest cat-themed cryptocurrency, is the second-fastest-growing crypto with a 4.5% overnight increase. Four out of the top five best-performing cryptocurrencies are meme coins, with BGB accompanying them. Lesser-known meme coins like Cat in Dogs World (MEW) are also reaching their own local highs. However, despite the success of meme coins, the overall crypto market has experienced a 1.2% decrease in total capitalization.
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