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- Bitcoin ranks seventh within the record of cash with highest mentions throughout social media.
- Meme cash PNUT, PEPE, and DOGE have claimed the highest 3 positions.
- NUX and COIN are up 57.80% and 42.71% prior to now week.
Meme cash have seen explosive development over the previous month, even because the broader crypto market reaches new highs. Knowledge from Santiment reveals a surge in reputation for these speculative tokens, usually based mostly on themes like canines or cats.
Santiment highlighted on X (previously Twitter) that speculative property are driving the present rally, with meme cash trending considerably. Based mostly on social media dialogue charges, main meme cash like Peanut the Squirrel (PNUT), Pepe (PEPE), Dogecoin (DOGE), Memecoin (MEME), Peanut (NUX), and 8-Bit Coin (COIN) are among the many hottest within the meme class of tokens.
Curiously, Bitcoin (BTC) ranks seventh by way of social media chatter, suggesting a major circulation of capital into the meme coin sector. This sector’s market cap has soared to $119 billion, although it did expertise a 4.5% dip within the final 24 hours, in accordance with CoinGecko. Buying and selling quantity within the meme coin sector reached $58.9 billion.
Dogecoin at the moment leads the meme coin pack, rating sixth in any other case within the crypto market. Its market cap is $52.50 billion, with a value of $0.3574. DOGE is down 7.9% within the final 24 hours and a considerable 50.87% from its all-time excessive of $0.7376.
Meme Coin Efficiency Highlights
PNUT has proven unimaginable development, surging by 1626.4% prior to now week. It at the moment trades at $1.69 with a market cap of $1.68 billion. Nevertheless, PNUT additionally skilled a 17.3% drop within the final 24 hours, although it’s nonetheless up an astounding 2925.65% over the previous month.
Learn additionally: Meme Cash on Coinbase and Robinhood: Which Initiatives Might Be Listed Subsequent?
PEPE has additionally carried out effectively, rising 95.77% within the final 30 days. MEME elevated by 16.56% prior to now week. PEPE at the moment trades at $0.00001962, whereas MEME is priced at $0.01267.
Moreover, NUX is up 118.27% within the final 30 days and 10.30% within the final 24 hours. COIN has jumped 42.71% prior to now week.
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