Top 3 Memes Tokens by Market Capitalization

Top 3 Memes Tokens by Market Capitalization
  • The crypto market began to recover from its bearish price dump. 
  • DOGE, SHIB, and MONA are few of the top performing Meme tokens.

The crypto market began to recover from its bearish price dump. Notably, few of the meme crypto tokens are trending in the crypto space. Moreover, DOGE, SHIB, and MONA are few of the top performing Meme tokens. 

Top 3 Meme Tokens by Market Cap (Source: CoinMarketCap)

Retail investors and crypto traders are showing huge interest and exiting their positions in crypto. Now let’s look in deep about these tokens.

  1. Dogecoin (DOGE)

Dogecoin (DOGE) is related to the popular “Doge” Internet meme and features a Shiba Inu on its logo. Moreover, the open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia. However, it was forked from Litecoin (LTC) in December 2013.

As per data on CoinMarketCap, the DOGE price is trading at $0.25 with a 24-hour trading volume of $3,528,393,588, at the time of writing.

  1. Shiba Inu (SHIB) 

In August 2020, the Shiba Inu coin was developed anonymously with the pseudonym ‘Ryoshi’. Moreover, the meme coin soon gained speed and value as a lot of investors were drawn in by the cute charm of the token paired with Tweets and headlines from personalities such as Elon Musk and Vitalik Buterin. 

According to CoinMarketCap, the Shiba Inu (SHIB) price trades at $0.000007593 with a 24-hour trading volume of $366,583,609, at the time of writing. 

  1. MonaCoin (MONA)

MonaCoin (MONA) is a meme token which is an open source peer-to-peer payment platform. More so, it was thrust into the limelight at the time of development on WBS TV Network Tokyo, which reported a person who bought a plot of land in Nagano with MonaCoin.

As per CoinMarketCap data, the MonaCoin (MONA) price is trading at $1.5, with a 24-hour trading volume of $4,765,850, at the press time. 

Disclaimer: The opinion expressed in this article solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.