📰 Table Of Contents
Meme Coin News: Market Highlights
The global cryptocurrency market capitalization has seen a drop of 0.4% over the past day to $2.54 trillion.
GME is the best-performing meme coin in the last 24 hours, and it is discussed in more detail below.
Next in line is OMIKAMI, with a 41% rise to $0.02407.
Quite a few other meme coins are in green.
On the other hand, BOOMER fared the worst. It’s down 17% to $0.03416.
It’s followed by JESUS, PORK, ANDY, and OMNOM, all with double-digit drops.
Top 10 Meme Coins Market Cap Update
- Dogwifhat (WIF) is up nearly 5%, trading at $2.68.
- PEPE appreciated 1.3% to $0.00001.
- BONK recorded the biggest fall in this category, down 6.2%.
- TokenFi (TOKEN) dropped 5% to $0.10627.
- Other coins are down between Coq Inu (COQ)’s 0.78% and Memecoin (MEME)’s 3.9%.
GameStop (GME) Meme Coin Outperforms the Stock
In meme coin news this week, the GME token recently came out of dormancy, recording significant gains over the past several days.
In the last 24 hours alone, it appreciated 42%, changing hands at $0.007012.
Moreover, in the past seven days, it saw a massive increase of 187%.
At the time of writing, it’s the best-performing coin in the 24-hour category.
FLOKI DAO Votes ‘Yes’ to Burning 15.25 Billion Coins
FLOKI announced that the decentralized autonomous organization (DAO) had voted in favor of burning almost 15.25 billion FLOKI tokens, currently worth just below $3 million.
Notably, the decision was reached nearly unanimously.
The coins will be burnt this week.
Shina Inu Could Hit $1 by 2050
In other meme coin news, by 2050, SHIB could be worth $1. This would be an excellent development for long-term big bag holders.
To reach this conclusion, forecaster Telegaon analyzed factors such as market trends, investor sentiment, trading volume, technological developments, and external influences, it said.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
