According to CoinGecko data, memecoins have gained significant traction in the cryptocurrency market, with nine of them now ranked among the top 100 cryptocurrencies by market capitalization. These coins are known for their lighthearted origins, yet they continue to attract investors and dominate the market.
Dogecoin Leads the Way
Dogecoin (DOGE) remains the leading memecoin, with a market capitalization of $16.27 billion, placing it in the 9th position overall. DOGE is currently trading at $0.1114, up 0.6% in the last 24 hours and 3.2% over the past week.
Shiba Inu and Pepe Follow
Shiba Inu (SHIB) takes the 14th spot with a market value of $10.55 billion. SHIB is priced at $0.00001784, showing an increase of 0.5% in the last day and 4.2% in the past week.
Pepe (PEPE) ranks 29th with a market capitalization of $4.20 billion and is priced at $0.059889. PEPE saw gains of 0.6% in the past 24 hours and 6.5% in the last week.
Other Notable Memecoins in the Top 100
At 39th place, Dogwifhat (WIF) has a market value of $2.73 billion and is priced at $2.72. WIF has experienced a modest 0.6% increase in the last day, but a significant 21.7% surge over the past week.
Additional memecoins in the top 100 include:
- Bonk (BONK), ranked 60th with a market capitalization of $1.53 billion.
- Popcat (POPCAT), ranked 63rd with a market value of $1.49 billion.
- Floki (FLOKI), ranked 64th with a market cap of $1.36 billion.
Lastly, Brett (BRETT) and Neiro (NEIRO) round out the list, with market capitalizations of $940 million and $869 million, ranking 85th and 89th, respectively.
The rise of memecoins in the top 100 highlights their growing importance and impact on the crypto market. Investors are closely watching these lighthearted yet increasingly valuable digital assets. Stay tuned for more updates on Turkish NY Radio as these trends continue to evolve.