• DOGE and SHIB soared 28% and 18.4%, respectively, prior to now 24 hours.
• The market cap of meme cash has soared to $98 billion.
• POPCAT and MEW additionally soared by 10.2% and 16.8%.

Together with the rise within the meme coin market, the 2 main cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB), have seen important will increase. This surge additionally contains tokens akin to Pepe (PEPE), dogwifhat (WIF), Bonk (BONK), FLOKI, and Popcat (POPCAT).

Previously 24 hours, the memecoin sector's market capitalization elevated by 23.6% to $98 billion, with buying and selling quantity of $49.7 billion. The market capitalization of cryptocurrencies can also be approaching the $3 trillion milestone, with Bitcoin (BTC) exceeding $81,000 for the primary time.

Dogecoin and Shiba Inu worth evaluation

In line with CoinMarketCap, DOGE is presently buying and selling at $0.2895, up 28% prior to now 24 hours. Nonetheless, it’s nonetheless 60.19% beneath the all-time excessive of USD 0.7376. DOGE is up 89.32% prior to now 7 days and 162.76% prior to now 30 days. DOGE presently occupies the sixth place out there, surpassing XRP with a market capitalization of $42.36 billion.

Additionally learn: Bitcoin strengthens as altcoins acquire floor amid bullish sentiment

In the meantime, SHIB is buying and selling at $0.0000265, up 18.4% prior to now 24 hours and 58.2% over the previous week. Nonetheless, Memecoin is down 69.95% from its all-time excessive of $0.00008845 witnessed in the course of the 2021 bull cycle.

Different meme cash be part of the rally

Previously 24 hours, PEPE rose 13.1% to $0.00001286, WIF rose 24% to $3.11, BONK rose 14.3% to $0.00002626, FLOKI rose 22.3% to $0.0001824, and POPCAT rose 10.2%. It grew to become $1.58.

In the meantime, Cat in a Canine World (MEW) and Goatseus Maximus (GOAT) additionally turned bullish, rising 16.8% and 17.1% respectively prior to now 24 hours. MEW worth is $0.01106 and GOAT worth is $0.9396.