April 20th was Doge Day, and 24 hours later, Dogecoin, the popular dog-themed meme coin, was one of several coins that rose significantly in value as the cryptocurrency market rediscovered its footing. .
Dogecoin has found its footing.
Dogecoin (DOGE) is up 6.22% in the last 24 hours, with over $1.5 billion worth of DOGE traded during that period, according to CoinMarketCap, a cryptocurrency data aggregation website.
Dogecoin’s current price of $0.1615 per token is up 6.2% from 7 days ago and 3.6% from a month ago. However, it is still almost 19% below its value over the past 14 days.
Shiba Inu double-digit increase
Shiba Inu (SHIB), which ranks 11th in market capitalization in the broader cryptocurrency market and is the second-largest meme coin in the world, also had a good 24 hours. During that period, prices rose more than 16%.
This indicates that the Shiba Inu’s upward trend that started a week ago continues after a period of adjustment. The price improvement brought 24-hour trading volume to $1.4 billion, making DOGE the 8th most traded cryptocurrency on the market.
Floki: Top Performer of the 5 Biggest Meme Coins
Among the top five meme coins by market capitalization, Floki (FLOKI) has recorded the highest price gains over the past 24 hours.
According to CoinMarketCap, FLOKI, which trades at $0.0001705, is up more than 20% despite trading at $360 million, a much lower volume compared to DOGE and SHIB.
FLOKI’s current level is also more than 16% higher than a week ago and about 454% better than a year ago.
However, Meme Coin is still in the red over the 14-day and 30-day periods, down nearly 17% over 7 days and over 23% worse over 30 days.
Overall, the best meme coin in terms of price-performance over the past 24 hours is ERC20, with its value rising a whopping 1,231% during that time.
Solama, Popcat, and BONK also recorded the best results, with prices rising 96%, 48%, and 41%, respectively.