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COINTURK NEWS > Meme Token > Meme Coin Mania Persists in the Crypto Market
Meme Token

Meme Coin Mania Persists in the Crypto Market

In Brief

  • Meme coin craze in crypto continues to grow daily.

  • Dogecoin shows a positive trend with a recent price increase.

  • Shiba Inu and PEPE coin experience fluctuations in value.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The recent meme coin craze in cryptocurrencies continues to multiply every day. Meme coins on the Solana network have been leading this trend, and lately, it has been observed that some projects on Base have also joined in. Amidst all this, the market’s high-volume meme coins seem to be showing a more stable appearance after their recent surges. So, what’s happening with the market’s top 3 volume altcoins?

Contents
How Much is Dogecoin (DOGE) in Turkish Lira?What is the Dollar Value of Shiba Coin?PEPE Coin Price

How Much is Dogecoin (DOGE) in Turkish Lira?

Dogecoin, the undisputed leader in terms of market volume, is showing a positive outlook today. Its price has increased by over 2% in the last 24 hours, reaching up to $0.1819.

Following the GigaWallet 1.0 upgrade, DOGE maintains a positive outlook with analysts’ expectations of approximately a 2x increase continuing. DOGE’s market capitalization remains above $26 billion during this period, securing its 8th place (having overtaken ADA).

On the other hand, the trading volume in the last 24 hours has also noticeably increased, rising by 32.44% to a level of $3,832,405,317. When looking at DOGE’s price in Turkish Lira, the indicator was pointing to a level of 5.9 TL.

What is the Dollar Value of Shiba Coin?

Shiba Inu (SHIB), ranked 11th in terms of market volume, seems to have lost its positive outlook throughout the day. At the time of writing, SHIB has experienced a 0.43% decrease, with its price at $0.00002995.

SHIB’s market capitalization has also seen a similar decline, pulling back toward the $17.6 billion level. Additionally, SHIB’s trading volume has seen noticeable decreases in the last 24 hours. At the time of writing, the volume had receded to $1.7 billion.

Such declines are generally interpreted as a decrease in trading activities and investors shifting their interest to other coins.

PEPE Coin Price

Things didn’t seem to be going well for PEPE, which is at the pinnacle of frog-themed meme coins. At the time of writing, PEPE’s price had retreated to $0.000007624 following a 3.91% drop in the last 24 hours.

This price movement of PEPE also brought a decline in its market capitalization. PEPE’s market cap fell to $3.2 billion, and its 24-hour trading volume also decreased by 28%, falling below $700 million.

Despite some of its gains being erased, PEPE, which was among the top-earning meme coins of the past 30 days, still appears to have provided its investors with an incredible return of 184%.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 27 March, 2024 - 11:24 pm 27 March, 2024 - 11:24 pm
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