CandleFocus Meme Coins Shine: SHIB Climbs 35%, MOODENG Rises to $305M Market Cap
2024-09-28
Author: Content Editor
In the past week, meme coins have seen significant gains in the crypto market. Shiba Inu (SHIB) gained 35.5% against the U.S. dollar, while MOODENG, a meme token inspired by a baby pygmy hippopotamus, hit an all-time high of $0.3387. The meme token economy reached a value of $56.99 billion, with Dogecoin (DOGE) leading in market capitalization at $19.12 billion. MOODENG had an impressive 713.8% gain over the week, reaching a market valuation of $305 million. Other meme coins such as ordinals pups (PUPS), billion dollar cat (BDC), and spx6900 (SPX) also showed strong performance. However, some meme coins like coco coin (COCO) and tron bull (BULL) experienced drops in value. The meme coin market remains volatile.
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