Meme coins, possibly the biggest question mark in cryptocurrencies, are considered by some as non-functional, while others see them as fundamental building blocks of the market. Unlike Bitcoin and most altcoins, meme coins are seen as a reflection of meme culture, which starkly divides the market. Dogecoin (DOGE) started a trend that many coins followed, and today they share a market cap of $45 billion. What exactly is happening with Shiba Inu (SHIB), Bonk (BONK), and Pepe Coin (PEPE)?
How Much is Shiba Coin in Turkish Lira?
DOGE’s perhaps biggest competitor, SHIB, has been in the market for a long time and is ranked just behind the top 10, at 11th in market cap rankings.
Since its emergence, especially during the 2021 bull run, SHIB has created many millionaires. After a sharp decline, comments were made about SHIB’s demise, but it seems to have made good use of last March to closely follow the top 10 again.
Today, amidst the uncertainties in the market, SHIB continues to trade at a price level of $0.00002232. This trading price shows a 5.80% drop over the last 24 hours, a trend seen across many cryptocurrencies, including Bitcoin. Meanwhile, Turkish investors are also keen on SHIB’s value in Turkish Lira. The SHIB/TRY price is 0.00073460 TRY.
Bonk Coin Reviews
In 2023, when Solana’s SAGA phone was released, no one knew what surprise they would encounter. The airdrop that came with SAGA phones made a bombshell impact and made BONK’s name known.
Following that process, BONK became one of the most profitable meme coins in the short span of 2023. BONK saw a rise of over 20,000% in value from the day it was launched in January 2023.
As of today, BONK is trading at $0.00002225 after a 9.66% drop, with its market cap falling to $1.45 billion while its trading volume has risen by 5.51% to $315 million.
What is Pepe Coin? How Much is It Worth?
PEPE coin emerged in 2023 as the first frog-themed meme coin, and perhaps no one expected it to grow this much.
With its famous frog image, it became one of the most notable projects on the Ethereum network in 2023.
At the time of its emergence, market stagnation caused ETH gas fees to spike from rock bottom to historic levels, a surge largely attributed to PEPE alone. Following this period, PEPE’s unstoppable rise places it currently at the third spot in the meme coin rankings, right behind SHIB and DOGE.
PEPE is trading in the region of $0.000006657 today, having dropped over 7% at the time of writing. Over a 7-day review, it is understood that PEPE has dropped over 13%.
