8/6/2023 0 Comments Dogecoin binance smart chainHowever, MonaCoin has gained in popularity with investors due to its unique design and currently holds a market cap of over $63 million.While investing in meme coins can be risky, they can also lead to significant returns.However, investors should always do their due diligence and research each coin before investing, particularly when it comes to meme coins whose value can fluctuate dramatically based on social media hype.Factors affecting meme coin market capAs with any investment, there are a variety of factors that can impact the market cap of meme coins. While it may not have dethroned Dogecoin, Shiba Inu has gained a massive following and currently holds a market cap of over $6.5 billion.Coin Market Cap Price Dogecoin $36.5 billion $0.Ģ7 Shiba Inu $6.5 billion $0.00003 MonaCoinUnlike Dogecoin and Shiba Inu, MonaCoin has a more serious purpose.Created in 2013 as a Japanese alternative to Bitcoin, the coin is used to make purchases and pay for services in Japan. Launched in 2020, the coin is marketed as the “Dogecoin killer” Shiba InuAnother meme coin that has captured the imagination of investors is Shiba Inu. ![]() So, let's take a look at the top meme coins by market cap and see what makes them so appealing.DogecoinStarting off with the most famous meme coin of them all, Dogecoin.Created in 2013 as a parody of Bitcoin, Dogecoin has surged in popularity due to endorsements from celebrities like Elon Musk and Mark Cuban.The market cap for Dogecoin currently sits at over $36 billion making it the top meme coin by a significant margin. These coins have gained popularity due to their quirky and fun nature, which has attracted a younger audience.However, it is important to note that meme coins are not considered a reliable investment and are highly volatile in their pricing.Meme coins are typically created by anonymous developers who release them on blockchain platforms such as Ethereum or Binance Smart Chain.They are often marketed through social media platforms such as Twitter, Reddit, and TikTok.ĭue to their nature, meme coins have gained a reputation for being a quick way to make a profit but are also a high-risk investment.Name Symbol Market Cap Dogecoin DOGE $30,702,259,324 Shiba Inu SHIB $9,424,174,954 Safemoon SAFEMOON $1,271,773,622 Meme coins have been criticized by some experts in the finance world for being a distraction from more serious cryptocurrencies that have real-world applications.However, supporters argue that they are a fun alternative to traditional cryptos and have the potential to become more mainstream in the future.Overall, meme coins are an interesting and unique aspect of the cryptocurrency world that have gained a lot of attention in recent years.Īlthough they may not be the most reliable investment, they are certainly a fun addition to the crypto space and are worth keeping an eye on.Top meme coins by market capWith the soaring popularity of cryptocurrency, the rise of meme coins has been astronomical.From Dogecoin to Shiba Inu, meme coins have taken the crypto world by storm.Investors have been drawn to meme coins due to their user-friendly approach, low price point, and potential for high returns. What is a meme coin?A meme coin is a type of cryptocurrency that is created for entertainment purposes and based on internet memes.It is a new trend that has become popular in the crypto space due to the rise of social media and internet culture.These coins are usually created as a joke and often have no real utility or value.Some of the most popular meme coins include Dogecoin, Shiba Inu, and SafeMoon. Join us on this journey to discover the exciting world of meme coins ![]() Welcome, dear visitors, to our blog post about the fascinating world of meme coins.In recent years, the rise of cryptocurrency has led to the creation of numerous coins, some of which have gained immense popularity and value.Meme coins, in particular, have gained a significant following due to their unique nature and the humor-infused culture that surrounds them.But what exactly is a meme coin, and why are they so popular? In this post, we will explore the concept of meme coins, the top meme coins by market cap, and the various factors that affect their value in the market. ![]() ![]() Meme Coin Market Cap Loses 35, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions
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