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Meme Tokens Leads Recovery While Bitcoin Price Declines

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February 4, 2023
in Altcoin News, dogecoin, meme coins, News, Shiba Inu, United States
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Meme Tokens Leads Recovery While Bitcoin Price Declines
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Top Meme Coins shiba Inu news

Top Meme Coins News: Token created just to make fun of the biggest crypto like Bitcoin (BTC) seems to be leading the recovery rally right now. Shiba Inu, the world’s second largest meme crypto price made a whopping comeback ahead of the launch of the much anticipated Shibarium.

As the price of Shiba Inu rises, a significant increase in whale buying or selling could cause this statistic to rise. Large trades frequently provide information about whale behavior.

Top Meme Coins Outperforming Bitcoin Today

1. Dogecoin

In 2013, Dogecoin (DOGE) was developed as a fun alternative to established cryptocurrencies like Bitcoin. Elon Musk, the CEO of Tesla and a fan of memes, started endorsing Dogecoin on Twitter. However, he also went to accept DOGE as a form of payment at Tesla. This made the growth of Dogecoin inevitable.

5 Best Meme Coins: DOGE
Source: Coinmarketcap

Dogecoin’s price at the time of writing is $0.0933, with a market capitalization of $ 12.3 B and a 24-hour trading volume up by 3.19%. Now it stands at $683 million. At the same time, the circulating supply is approximately 132,670,764,300 DOGE as per the crypto market tracker CoinMarketCap.

2. Shiba Inu

Shiba Inu is a decentralized payment system as a result of its many characteristics. It is taking additional steps to solidify its position as a top decentralized payment meme coin.

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Shiba Inu’s price at the time of writing is $0.00001387, with a market capitalization of $ 7.6 B and a 24-hour trading volume up by 90.26%. Now it stands at $1 B. At the same time, the circulating supply is approximately 549,063,278,876,302 SHIB as per the crypto market tracker CoinMarketCap. Read More Shiba Inu News Here…

3. Dogelon Mars

One of the many cryptocurrency tokens with a Doge theme to debut in 2021 is Dogelon Mars. The cryptocurrency’s developers refer to it as a just global currency for the people. Dogelon Mars is both a cryptocurrency and a fictional character from a comic book that is available for purchase as non-fungible tokens (NFTs).

Dogelon Mars
Source: Coinmarketcap

Dogelon Mars’s price at the time of writing is $0.000000392, with a market capitalization of $ 215 million and a 24-hour trading volume up by 43.25%. Now it stands at $6 million. At the same time, the circulating supply is approximately 549,652,770,159,583 ELON as per the crypto market tracker CoinMarketCap.

4. Floki

The most recent meme coin, Floki (FLOKI), combines the power of memes with practical utility and charitable giving to the “underdogs” rather than venture capitalists. The goal of Floki is to become the most well-known and widely used cryptocurrency worldwide.

5 Best Meme Coins: FLOKI
Source: Coinmarketcap

FLOKI’s price at the time of writing is $0.0000266, with a market capitalization of $ 237 million and a 24-hour trading volume up by 12.48%. Now it stands at $ 14.7 million. At the same time, the circulating supply is approximately 8,917,452,316,422 FLOKI as per the crypto market tracker CoinMarketCap.

5. Baby Doge Coin

A decentralized exchange, also known as a DEX, is the only place where Baby Doge can currently be purchased. Baby Doge can only be purchased through cryptocurrency exchanges.

Baby Doge Coin
Source: Coinmarketcap

Baby Doge Coin’s price at the time of writing is $0.000000002099, with a market capitalization of $ 241.6 million and a 24-hour trading volume up by 34%. Now it stands at $ 13.8 million. At the same time, the circulating supply is approximately 115,113,333,036,839,008 BabyDoge as per the crypto market tracker CoinMarketCap.

Disclaimer: This is not investment advice. Please do your due diligence before investing in any asset.

Also Read: What Is Star Atlas? How Much Does It Cost To Play Star Atlas?

The post Meme Tokens Leads Recovery While Bitcoin Price Declines appeared first on CoinGape.

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