Meme coins, a popular choice for investors seeking high returns, continue to showcase high market volatility. Analyzing the top 4 meme coins reveals that things are not going well, influenced by Bitcoin‘s fluctuating price movements.
DOGE Coin Analysis
Dogecoin continues to decline in daily and weekly views, albeit at a relatively minimal level. DOGE price finds buyers at $0.1066 after a 0.84% drop in the last 24 hours.
In the last 7 days, DOGE’s value has decreased by 0.77%, which can be interpreted as a stagnant weekly price.
DOGE market cap has visibly declined to $15.4 billion, with a trading volume remaining at $540 million.
Shiba Coin Value in TL
SHIB, once known as the DOGE killer, experienced declines in the last 24 hours. SHIB’s price dropped by 0.51%, bringing it down to $0.00001625. Despite today’s drop, SHIB’s 7-day price movement indicated an 8.26% increase.
SHIB’s market cap remains below $10 billion, with the latest value at $9.573 billion. SHIB’s 24-hour trading volume was $224 million. The SHIB/TRY pair was valued at 0.00053480 TL.
PEPE Coin TL Overview
PEPE, which made headlines last June, faced significant declines in the past week. PEPE’s 24-hour indicators showed a 3.23% drop, with the price at $0.000008869.
PEPE’s market cap fell from $5 billion to $3.7 billion. PEPE’s trading volume remains at $677 million, indicating higher interest compared to its rivals.
The PEPE/TRY pair shows a value of 0.00029239 TL, indicating a noticeable decline.
Lastly, the biggest drop was seen in BONK, with a 10.20% decline, bringing the price to $0.00002357.