- Shiba Inu is currently the 9th biggest cryptocurrency, valued at almost $37 billion.
- Dogecoin, with a market worth of $36 billion, is the tenth largest.
While most of the spotlight has been on Bitcoin and Ethereum, many meme currencies have risen in recent months.
Some investors think meme coins are real and should be treated seriously. Dogecoin and other cryptocurrencies have exploded in popularity. Three Meme Tokens reached the top 100 crypto by market cap list. Let us explore these meme currencies.
Shiba Inu (SHIB)
Shiba Inu (SHIB), a meme-inspired cryptocurrency and Dogecoin derivative, has set an all-time high recently, surpassing $0.00008456 as per CoinMarketCap. The SHIB’s record-breaking market capitalization has now overtaken other prominent altcoins.
Shiba Inu is currently the 9th biggest cryptocurrency, valued at almost $37 billion. Dogecoin, with a market worth of $36 billion, is the tenth largest. In terms of market cap, Shiba Inu has surpassed Uniswap, Luna, USD Coin, Polkadot, and XRP.
On October 18, tech magnate Elon Musk posted a snapshot of the SHIB currency travelling to the Moon, fueling speculation. The token was once worth $0.000026. However, according to CoinMarketCap, his tweet boosted the currency by almost 50% to $0.000044. Moreover, the market cap of SHIB is at $37,202,961,387 at the time of writing.
Musk has been quite vocal about his support for Dogecoin on Twitter, initially posting about it in 2019 as it rose to become a top 10 cryptocurrency at the end of the year. The millionaire explained why he owns Dogecoin and promotes it on social media. DOGE has a market cap of $36,655,021,282, according CoinMarketCap.
Yooshi has developed on its promising start in the GameFi crypto market, earning a price and attention boom. As a result, Yooshi’s token YOOSHI has reached an all-time high in the last week.
It seems like Yooshi has become the number one trending search currency, according to CoinGecko statistics. According to CoinMarketCap, the price hit an all-time high of $0.000000710508. YOOSHI has a market cap of $1,161,751,409.
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