The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 ঘন্টার. The entire meme token economy is worth $35.8 billion, up 9.4% today.
Meme Token Assets See Double-Digit Gains on Monday Following Dogecoin’s Rise
Following Elon Musk’মার্চ acquisition of Twitter for $44 billion, digital currency markets jumped in value and crypto meme tokens saw a significant spike. 24-hour statistics at 4 p.m. (ET) on Monday had shown dogecoin (DOGE) jumped 26.3% মার্চ. মার্চ.
Dogecoin (DOGE) is still up 18.8% today and is hovering just above the $0.15 zone. Many believe the rise is based on mere speculation that Musk could possibly implement dogecoin payments into some of Twitter’s operations.
While dogecoin jumped in value against the dollar, a number of other popular meme coin assets followed DOGE’s lead on Monday. Shiba inu (SHIB) jumped 1.7% and dogelon mars (ELON) rose 13% higher against the USD during the last 24 ঘন্টার.
While DOGE, ELON, Stacks এ বৃদ্ধি প্রধান SHIB all saw percentage gains, the fourth largest meme coin asset baby doge coin (BABYDOGE) is still down 0.8% at the time of writing. Floki inu (FLOKI) on the other hand, jumped 2.1% higher against the U.S. dollar during the last 24 ঘন্টার.
Other notable meme token increases came from coins like kishu inu, samoyedcoin, catecoin, the doge NFT shards, and hoge finance. Litedoge (LDOGE) spiked 162.6% higher and vitoge (VITOGE) saw a 98.8% gain on Monday.
Jejudoge, dogefi, hotdoge, and shih tzu, all saw double-digit gains during the last day as well. Additionally, during the past 24 ঘন্টার, dogecoin (DOGE) has seen $4.54 billion in global trade volume, while SHIB has seen $1.25 billion today.
What do you think about the meme token market action on Monday after Elon Musk acquired Twitter? ফিলাডেলফিয়া এবং আরো শহরের মুদ্রা চালু করার পরিকল্পনা আছে.