As the cryptocurrency market continues to expand, more and more meme cryptocurrencies have emerged. While some investors dismiss them as mere jokes, others see the potential in these digital assets. Here are four meme cryptocurrencies that have gained significant attention in March already and seem to be growing further this week.
Disclaimer: This article is for educational purposes only and does not guarantee any wealth benefits from crypto. Do your own research before investing your hard-earned money.
The top 4 meme cryptocurrency for the week are:
1. Dogecoin (DOGE)
Dogecoin is a cryptocurrency that features the likeness of a Shiba Inu dog and is the largest meme cryptocurrency by market cap. It has garnered a lot of attention as high-profile figures like Elon Musk and Mark Cuban have tweeted about its potential. The market cap for Dogecoin stands at $9.83 billion and is currently trading for $0.07415. In the last 7 days, it is seeing an increase of over 7%. Source: coinmarketcap
2. Shiba Inu (SHIB)
Shiba Inu is the second largest meme cryptocurrency that features a Shiba Inu dog as its mascot. Launched in August 2020, the coin has gained traction in recent months thanks to its low price and high circulating supply. Each SHIB token is trading at $0.00001079 with a market cap of over $6 billion. The meme crypto has seen an increase of around 2% in the last week. Source: coinmarketcap
Also read: Just-In: 24 Trillion Shiba Inu Moved From Exchange; Whales Big Move Or Something Else?
3. Floki (FLOKI)
Floki is the meme cryptocurrency that emerged in late 2021. The crypto is named after a character from the popular TV show “Vikings,” and its branding features an image of a Shiba Inu dog, which is the same breed that inspired the creation of Dogecoin and Shiba Inu. The hype around Floki Inu has been fueled by its impressive price increase in a short amount of time, as well as support from some high-profile celebrities, including Elon Musk, who tweeted about the currency.
FLOKI token is currently trading for $0.00003905 an increase of over 4% in the previous 24 hours and 13.36 over the last 7 days. The market cap currently stands at $348 million. Source: coinmarketcap
4. Dogelon Mars (ELON)
The developers of Dogelon Mars aim to create a community-driven platform where users can trade, stake, and earn rewards. The token’s name is inspired by Elon Musk and his SpaceX mission to Mars. Dogelon Mars has garnered a lot of attention from crypto enthusiasts and investors who are intrigued by its potential for high returns.
The token is currently trading for $0.0000003604 and the market cap is at $198 million. The token is seeing a gain of over 3% in the last 7 days. Source: coinmarketcap
Also read: Bitcoin Price Set For $30K As UBS-Credit Suisse Deal Fails To Contain Banking Crisis