Doge and Shib led the package of meme-based assets in 2021, both tokens dominate 85% of the meme coin economy-markets and prices
Doge and Shib led the package of meme-based assets in 2021, both tokens dominate 85% of the meme coin economy-markets and prices
The end of 2021 is closer and the market capitalization Meme-based digital currencies such as Dogecoin and Shiba Inu was extremely prominent this year. In fact, the meme crypto assets worth $ 46.9 billion represent $ 2.32 trillion. Dogecoin and Shiba Inu alone make up about 85.28% of the meme crypto market assessment.
Meme-based crypto economy reveals $ 46 billion $ 46 billion in 2021
It was a good year for meme-based crypto-assets such as Dogecoin (Doge), the OG for Meme-based assets, whose market assessment has increased by 4,375.9 % since the beginning of the year. dogecoin is the largest meme-based crypto-asset regarding market capitalization, since on Sunday, December 19, it has an evaluation of around 22.8 billion US dollars Secondly largest meme Coin, measured by market capitalization, is Shiba-inu (shib) . The crypto-asset Shib has increased a whopping 46,960,505.7 % compared to the US dollar YTD.
Both coins have inspired other meme-based crypto-assets to thrive. Dogelon Mars (Elon) is 591 million million The fifth largest meme cryptoma market value, and has a market capitalization of $ 258 million and today holds the sixth largest position.
dogecoin and Shiba inu also inspired a large number of "dog" or "Shiba-Inu-Breed" coins in 2021, as there are dozens of tokens with these names. Despite the enormous amount of meme-based assets in 2021, doge and shib are the most dominant by capturing 85.28% of the meme crypto economy.
A dozen meme coins last week two- and three-digit profits were recorded, Meme token under Doge and Shib represent 0.296% of the entire crypto industry
While dogecoin and Shiba inu has lost value in the past few weeks, in the past seven days a large amount of meme coins have recorded two- and even three-digit growth. The Wallstreetbets Dapp (WSB) Token has risen by 177.5 % last week and Solana's kitten Coin (Kitty) rose by 117.9 % this week. Jejudoge (judogue) has increased by 112 % and Woofy (Woofy) by 47 % in the past seven days. Other remarkable meme coin are among the promoters this week Shibavax (Shibx) with a plus of 37.2 %, Smugdoge (SMUG) of 24 %and Spell token (spell) rose by 23 %last week.
Despite the countless meme coins that exist today, doge and shib are still leading riders by far. The two have a much larger market capitalization, much more trading volume and acceptance that goes beyond the Meme Asset below. For example, Doge and Shib are used on a variety of stock exchanges, and dealer processors such as Bitpay support both coins. Also dogecoin and Inu , the six billion nine hundred million dollar Mem Coin Business Besanhing only 0.296% of the total crypto economy of $ 2.32 trillion.
What do you think of the fact that Dogecoin and Shiba Inu today dominate more than 85% of the meme-based crypto asset economy worth $ 46.9 billion? Let us know your opinion on this topic in the comments below.
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