Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon mars have seen significant gains during the last seven days.
Meme Coins Climb Higher in Value This Past Week — Shiba Fantom and Luni Lead the Pack
21 days ago on December 5, the meme token economy was down more than 12% and hovering just above the $47 billion region. Today, the market valuation of the meme-based crypto economy is $54.1 billion, up 14.61% since that day. Out of the top ten meme-based crypto assets today, 8 out of 10 of them saw seven-day gains. The largest meme-based crypto-asset dogecoin (DOGE) jumped 9.6% last week while shiba inu (SHIB) spiked 21% during that time frame.
Other top ten meme-based assets that saw gains last week include spell token (31.5%), dogelon mars (51.7%), baby doge coin (41.1%), cate coin (22%), and dogebonk (27.5%). However, the biggest meme coin gainers this past week include shiba fantom (193.5%), luni (189%), fantom doge (67.2%), and kawakami (57.5%). The biggest losers in the world of meme-based coins include smugdoge (-54.4%), shibavax (-42.1%), and iotxshiba (-36.4%).
Dozens of ‘Dog,’ ‘Shiba,’ ‘Doge,’ and ‘Shib’ References in Meme Coin Names
Today’s 24-hour meme coin gainers include luni, shiba fantom, and cake monster. With the meme-coin aggregate value of all the tokens on Sunday, December 26 at $54.1 billion, dogecoin and shiba inu make up most of the total. Dogecoin’s market capitalization today is $25 billion and shiba inu’s market cap is $20
