Meme coin projects, which come to mind when cryptocurrencies are mentioned, continue to lead the list of the biggest gainers over the last two days. Following an additional investment of 10 million dollars yesterday, Floki surged sharply, while PEPE almost reached its all-time high (ATH) point. So, what’s the situation with DOGE and SHIB, which are at the top of the list?
What’s the Current Price of Doge?
DOGE has been in the market since the beginning of the meme coin era. As the undisputed leader in volume among meme coins, DOGE has solidified its position with the support of Elon Musk.
The incredible rise in Bitcoin‘s price seems to have had a significant impact on DOGE as well. In the last 24 hours, DOGE has seen an increase of over 16%, crossing the $0.1 mark and trading at $0.11326. The RSI of DOGE has also retreated slightly below the overbought level and is at 65.68.
There have been notable changes in DOGE’s market capitalization and 24-hour trading volume. DOGE’s market cap increased by 16% to over $16 billion, while the 24-hour trading volume doubled to $3.5 billion, reflecting strong investor interest.
SHIB Reaches Familiar Levels Again
On the other hand, SHIB, which entered the market as the so-called DOGE killer and displayed an incredible price performance after a significant burn by Vitalik, seems to be doing well.
Although SHIB’s price is still far from its past ATH, it has followed today’s BTC price rise. SHIB has increased by 4.5% in the last 24 hours, erasing a zero and climbing back to the $0.00001140 level.
Speaking of SHIB’s market cap and 24-hour trading volume, we see that the market cap has risen over 5% to $6.7 billion, placing it at the 16th rank. Meanwhile, the 24-hour trading volume has increased by 43% to over $1.1 billion.
There was also significant activity among the rivals of meme coins, which made a mark during the last bull run. Following the announcement yesterday, there was a noticeable increase in the price of Floki. Another standout meme coin was none other than PEPE. PEPE’s price continued to rise throughout the day and was increasingly approaching its ATH level.
