MEME COIN market capitalization loses 3.5%, top 2 leader Dogecoin, Shiba Inu lose billions-market tactualizations

MEME COIN market capitalization loses 3.5%, top 2 leader Dogecoin, Shiba Inu lose billions-market tactualizations

While the crypto-asset markets have lost billions in the past week, the top meme token coins after market capitalization have listed larger losses than most coins. The two most important digital meme assets Dogecoin and Shiba Inu have recorded double-digit losses in the past seven days. The top meme token coins after market capitalization are now worth $ 60.7 billion and have lost 3.5% of value in the last 24 hours.

Dogecoin and Shiba Inu lose double digits last week

Meme-based crypto assets were on everyone's lips during the year and many of them gained considerably in value in 2021.

The two top-meme-based cryptocurrencies Dogecoin (Doge) and Shiba Inu (Shib) were once the top ten candidates in terms of market capitalization. After a few losses, however, both Dogecoin and Shiba Inu fell out of the top ten ratings.

Dogecoin (Doge) is the largest meme-based crypto asset in terms of overall rating. Doge is also the eleven largest market capitalization of 10,975 Coins existing today. The crypto-asset has a market assessment of around $ 28.9 billion because Dogecoin has lost 16.7% in the last week.

meme coin market capitalization loses 3.5%, top-2 leader Dogecoin, shib, shib Inu lose billions
Doge/USD on November 22, 2021.

The Dogecoin trading volume has also dropped to $ 995 million Doge-Swaps in the last 24 hours. Doge exchanges for $ 0.220 per unit at the time of writing and is over 69% below his all -time high (ATH).

Doge achieved an ATH of around $ 0.731 on May 8, 2021, about seven months ago. Despite the losses, Dogecoin still achieves a 12-month return of around 6,200%.

Shiba Inu (Shib) is today the twelve-largest market capitalization and the second largest in terms of MEM-based coins. Shib has lost 18.1% last week and has a market assessment of around $ 23.8 billion. Shib has fallen by more than 3% today and is exchanged for USD 0.0004395 per unit.

Meme Coin Market Capitalization loses 3.5%, Top 2 leader Dogecoin, Shib losing billions of
Shib/USD on November 22, 2021.

Today's Shiba-Inu Prize is over 48% below the ATH of the crypto asset on October 28 at $ 0.00008616. At the time of the drafting of this article, there has been a global Shib trade volume worth $ 1.7 billion in the last 24 hours. $

Despite the decline lately, the 30-day statistics have shown that Shib has still risen by 57 %. In addition, the 12-month return of Shib with an increase of 62,589,642 % is also much higher than that of Doge.

Not all meme coins had gone down this week because a number of less well-known meme-based crypto-assets recorded double-digit growth.

Jomon Shiba (JSHIBA), Shih Tzu (Shih), Shibance token (Woof), the Doge NFT (DOG) and DOBEBONK (DOBO) have risen by 11 % to 84.4 % last week. The 84%profits of DOBO made the meme currency the most powerful meme-based asset in the past week.

What do you think of the top meme coins and the meme-based crypto economy that has recently lost value? Let us know your opinion on this topic in the comments below.

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